Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Practic

Market Cap: RON 736.5m

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

PBA Holdings Bhd

Market Cap: RM 652.1m

An investment holding company, operates as a water supplier in Malaysia.

Hyakugo Bank

Market Cap: JP¥209.9b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

CMC

Market Cap: JP¥22.6b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

Innovana Thinklabs

Market Cap: ₹10.9b

Engages in the software and application development business in India, the United States, and internationally.

Cherat Cement

Market Cap: PK₨67.7b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Master Trust

Market Cap: ₹17.2b

Provides financial services in India.

Taiyo KagakuLtd

Market Cap: JP¥36.6b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Concord Enviro Systems

Market Cap: ₹11.3b

Engages in providing water and wastewater treatment, and reuse solutions.

KinjiroLtd

Market Cap: JP¥23.7b

Provides human resource management (HRM) solution services.

BIOBIJOULtd

Market Cap: ₩224.2b

Engages in the research, development, manufacturing, and sale of skin booster and filler products in South Korea.

CTCI Advanced Systems

Market Cap: NT$4.5b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Tsubakimoto Kogyo

Market Cap: JP¥54.7b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Ryoyu Systems

Market Cap: JP¥45.7b

Provides information technology (IT) solutions for various industries in Japan.

Banyan Tree Holdings

Market Cap: S$511.5m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹85.4b

Manufactures and sells fertilizers and chemicals in India.

Kinpo Electronics

Market Cap: NT$27.7b

Designs, manufactures, and sells consumer electronics, web-based communications, computer peripherals, and storage products in Taiwan, rest of Asia, the Americas, and internationally.

BLS E-Services

Market Cap: ₹16.1b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Cantabil Retail India

Market Cap: ₹21.6b

Engages in designing, manufacturing, branding, and retailing of apparel and apparel accessories in India.

Business Brain Showa-Ota

Market Cap: JP¥30.1b

Provides consulting and system development solutions in Japan.

Saha-Union

Market Cap: ฿8.6b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

DAM Capital Advisors

Market Cap: ₹15.7b

Provides investment banking services.

Tai Sin Electric

Market Cap: S$234.7m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

Techno Ryowa

Market Cap: JP¥99.7b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

First Juken

Market Cap: JP¥16.1b

Engages in the construction and sale of detached houses in Japan.

Indofood Agri Resources

Market Cap: S$502.5m

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

Fortune Mate Indonesia

Market Cap: Rp2.4t

Provides real estate development and construction services in Indonesia.

Komori

Market Cap: JP¥81.6b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

Anapass

Market Cap: ₩208.5b

Operates as a SoC semiconductor provider in the display market in South Korea.

CHANGE HoldingsInc

Market Cap: JP¥81.1b

Provides IT human resources development training services in Japan.

AzureWave Technologies

Market Cap: NT$14.6b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

Subaru Enterprise

Market Cap: JP¥45.3b

Engages in the maintenance and cleaning of roads and road ancillary facilities in Japan.

SEMCNS

Market Cap: ₩277.3b

SEMCNS Co., Ltd provides ceramic substrates for probe cards.