Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

MAPFRE Middlesea

Market Cap: €130.6m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Tri-County Financial Group

Market Cap: US$127.1m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Acsion

Market Cap: R4.1b

Engages in property holding and development activities in South Africa and internationally.

Cyprus Cement

Market Cap: €172.1m

Engages in the production and sale of cement and related businesses in Cyprus.

Procimmo Group

Market Cap: CHF 432.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Oxford Bank

Market Cap: US$104.0m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

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

Tchaikapharma High Quality Medicines AD

Market Cap: €891.9m

Develops, manufactures, and sells medicines in Bulgaria.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Namibia Breweries

Market Cap: R6.6b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Hindustan Construction

Market Cap: ₹50.4b

Provides engineering and construction services in India and internationally.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

Nippon Sharyo

Market Cap: JP¥52.4b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Saudi Chemical Holding

Market Cap: ر.س6.9b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Careerlink

Market Cap: JP¥28.6b

Provides human resource services in Japan.

Asian Granito India

Market Cap: ₹22.9b

Engages in the manufacture and trade of tiles, marbles, and related products in India.

Sambhv Steel Tubes

Market Cap: ₹35.4b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Brillian Network & Automation Integrated System

Market Cap: NT$18.4b

Brillian Network & Automation Integrated System Co.

National Investments Company K.S.C.P

Market Cap: د.ك208.7m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

Fukuta Electric & Machinery

Market Cap: NT$4.0b

Focuses on the research, design, development, manufacture, and sale of various electric motors, and power systems in Taiwan and internationally.

MicroAd

Market Cap: JP¥22.9b

Operates an advertising platform that connects advertisers and the media in Japan.

ISE Chemicals

Market Cap: JP¥281.3b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

Pacific Metals

Market Cap: JP¥43.8b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

Qiming Information TechnologyLtd

Market Cap: CN¥7.6b

Provides enterprise digital operation, smart car and intelligent connectivity, and cloud solutions primarily in China.

Yunnan Jinxun Resources

Market Cap: HK$3.6b

Engages in the smelting, beneficiation, deep processing, and recycling of non-ferrous metal new energy material in China and internationally.

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.9b

Engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China.

SML Mahindra

Market Cap: ₹62.6b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Nofoth Food Products

Market Cap: ر.س791.4m

Produces and sells bakery products in Saudi Arabia.

MOBI Industry

Market Cap: ر.س507.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

First Investment Company K.S.C.P

Market Cap: د.ك56.2m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك41.0m

Engages in managing real estate projects in Kuwait.