Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

Invests in, operates, and manages duty-free shops.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Morris State Bancshares

Market Cap: US$237.0m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Elron Ventures

Market Cap: US$112.3m

A venture capital firm specializing in early stage and seed investment.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.

Ningbo Kangqiang Electronics

Market Cap: CN¥6.3b

Manufactures and sells semiconductor packaging materials in China.

Avantel

Market Cap: ₹40.9b

Designs, develops, manufactures and sells wireless communication products in India.

Indo Farm Equipment

Market Cap: ₹11.8b

Manufactures and sells agricultural, industrial, and construction equipment in India.

KC

Market Cap: ₩236.8b

Manufactures and distributes semiconductor systems, display systems, and electronic materials in South Korea and internationally.

Hui Lyu Ecological Technology GroupsLtd

Market Cap: CN¥12.3b

Hui Lyu Ecological Technology Groups Co.,Ltd.

Champion Building MaterialsLtd

Market Cap: NT$3.8b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

La Positiva Seguros y Reaseguros

Market Cap: S/417.4m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Hermes Transportes Blindados

Market Cap: S/690.1m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Kondotec

Market Cap: JP¥42.3b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

Genesys International

Market Cap: ₹26.4b

Provides geographical information services in India and internationally.

Lelon Electronics

Market Cap: NT$13.9b

Develops, manufactures, markets, trades in, and sells electrolytic capacitors worldwide.

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.9b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.

ASL Marine Holdings

Market Cap: S$142.3m

Provides marine services in Singapore, Indonesia, Asia Pacific, South Asia, Europe, the Middle East, and Australia.

Pakistan National Shipping

Market Cap: PK₨82.1b

Engages in the shipping business worldwide.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥12.7b

Jiangxi Jiangnan New Material Technology Co., Ltd.

Guangdong Lingxiao Pump IndustryLtd

Market Cap: CN¥6.1b

Guangdong Lingxiao Pump Industry Co.,Ltd.

Te Chang Construction

Market Cap: NT$7.0b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.8b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

CHT Security

Market Cap: NT$12.7b

Provides cybersecurity services.

Pacific Construction

Market Cap: NT$3.5b

Engages in the construction business in Taiwan and Malaysia.

ILSEUNG

Market Cap: ₩189.6b

Produces and sells marine equipment in South Korea and internationally.

FCE

Market Cap: JP¥17.9b

Through its subsidiaries, engages in the DX promotion, education and training, and publishing businesses in Japan.

ITOCHU-SHOKUHIN

Market Cap: JP¥129.3b

Engages in the wholesale of food products and alcoholic beverages in Japan.

Shanghai SK Automation TechnologyLtd

Market Cap: CN¥8.2b

Engages in the research, development, production, and sale of intelligent manufacturing equipment for new energy vehicles and fuel vehicles.

Lion Rock Group

Market Cap: HK$1.0b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Daphne International Holdings

Market Cap: HK$969.5m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

Hefei Gocom Information TechnologyLtd

Market Cap: CN¥1.6b

Hefei Gocom Information Technology Co.,Ltd.