Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Zambia Sugar

Market Cap: K12.2b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Jadranski naftovod d.d

Market Cap: €775.9m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Petrolimex Insurance

Market Cap: ₫2.7t

Provides various insurance products in Vietnam.

Jagsonpal Pharmaceuticals

Market Cap: ₹14.7b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Knowledge Marine & Engineering Works

Market Cap: ₹16.0b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Formula Systems (1985)

Market Cap: ₪4.9b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

3B Blackbio Dx

Market Cap: ₹15.3b

Engages in the design, development, manufacturing, and commercialization of agrochemicals and PCR based molecular diagnostic kits in India.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.1b

A publicly owned investment manager.

Indofood Agri Resources

Market Cap: S$446.7m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, Germany, the Philippines, Myanmar, and internationally.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp15.1t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Vidhi Specialty Food Ingredients

Market Cap: ₹20.9b

Engages in manufacture and trading of synthetic food colors.

Oswal Greentech

Market Cap: ₹11.1b

Develops real estate projects in India.

Avantel

Market Cap: ₹31.1b

Manufactures and sells telecom products and related services in India.

Summit Power

Market Cap: ৳15.8b

Engages in the generation and supply of electricity in Bangladesh.

VICOM

Market Cap: S$482.2m

An investment holding company, provides inspection and technical testing services.

Dwi Guna Laksana

Market Cap: Rp2.2t

Engages in the coal mining and trading activities in Indonesia.

Citra Tubindo

Market Cap: Rp1.9t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Padma Oil

Market Cap: ৳17.7b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

MMTC

Market Cap: ₹80.7b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

Goldiam International

Market Cap: ₹42.5b

Manufactures, sells, and trades in diamond studded gold, silver, and platinum jewelry in India.

Mendelson Infrastructures & Industries

Market Cap: ₪596.7m

Mendelson Infrastructures & Industries Ltd.

Jamuna Bank

Market Cap: ৳17.0b

Provides various banking products and services in Bangladesh.

Insolation Energy

Market Cap: ₹54.2b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Cardig Aero Services

Market Cap: Rp4.2t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Lion Rock Group

Market Cap: HK$993.3m

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

Bakrie & Brothers

Market Cap: Rp5.2t

Through its subsidiaries, engages in the trading, construction, agribusiness, coal mining, oil and gas, and telecommunication business in Indonesia and internationally.

Sanstar

Market Cap: ₹18.1b

Manufactures and sells plant-based specialty products and ingredient solutions in India and internationally.

Billion Industrial Holdings

Market Cap: HK$9.1b

Develops, manufactures, and sells polyester filament yarns products, polyester products, polyester industrial yarns products, and ES fiber products in the People’s Republic of China and internationally.

Vasa Denticity

Market Cap: ₹10.4b

Trades in dental products in India.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك179.5m

Engages in insurance and reinsurance operations in Kuwait.

Holly Futures

Market Cap: HK$7.4b

Operates as a futures company in Mainland China and Hong Kong.

Standard Chartered Bank Kenya

Market Cap: KSh113.4b

Provides various banking products and services for individuals and businesses.

KP Green Engineering

Market Cap: ₹21.5b

Engages in engineering and manufacture of steel structure in India.

Gallantt Ispat

Market Cap: ₹112.9b

Engages in manufacture and sale of iron and steel products in India.

Ceylinco Holdings

Market Cap: LK₨66.7b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.