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.

Marítima de Inversiones

Market Cap: CL$256.2b

Maritima de Inversiones SA is a publicly owned investment manager.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Industrias del Cobre Sociedad Anónima

Market Cap: S/818.8m

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

Liburnia Riviera Hoteli d.d

Market Cap: €97.4m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Shangri-La Hotel

Market Cap: ฿6.0b

Operates hotels in Bangkok and Chiang Mai provinces.

Hearts and Minds Investments

Market Cap: AU$622.8m

n/a

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك40.8m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Standard Chartered Bank Kenya

Market Cap: KSh113.4b

Provides various banking products and services for individuals and businesses.

Bank Ganesha

Market Cap: Rp1.9t

Provides various general banking products and services for individuals and businesses in Indonesia.

Uniplus Electronics

Market Cap: NT$4.4b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

Goldiam International

Market Cap: ₹40.2b

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

Bank of Iwate

Market Cap: JP¥45.8b

Engages in the provision of various financial products and services in Japan.

NOROO PAINT & COATINGS

Market Cap: ₩159.4b

Engages in the development, manufacture, and sale of paints in South Korea and internationally.

Fengyinhe Holdings

Market Cap: HK$882.0m

An investment holding company, provides various financial services to real estate industry in the People’s Republic of China.

C. Mer Industries

Market Cap: ₪494.2m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Malam - Team

Market Cap: ₪1.6b

Provides information technology services in Israel.

Taisun Enterprise

Market Cap: NT$9.5b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, and flour products in Taiwan.

Gallant Precision Machining

Market Cap: NT$10.4b

Engages in the research and development, production, manufacture, and sale of flat panel display testing, semiconductor assembly, and intelligent automation equipment in Taiwan, China, and internationally.

Saison Technology

Market Cap: JP¥28.0b

Engages in the system development and operation, and software package businesses in Japan.

Ohashi Technica

Market Cap: JP¥23.4b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, Mexico, Thailand, Taiwan, China, and Europe.

Chilanga Cement

Market Cap: K5.6b

Engages in the manufacture and sale of cement products in Zambia.

Practic

Market Cap: RON 567.2m

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/776.5m

Engages distribution of electricity in Peru.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

First IC

Market Cap: US$156.4m

Operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States.

Sparta

Market Cap: €88.7m

A publicly owned investment manager.

S.A.S. Dragon Holdings

Market Cap: HK$2.5b

An investment holding company, distributes electronic components and semiconductor products in Hong Kong, Mainland China, Taiwan, the United States of America, Vietnam, Singapore, Macao, and internationally.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to personal and business customers, and small and micro enterprises in the People’s Republic of China.

Namuga

Market Cap: ₩180.6b

Designs, produces, and sells cameras and 3D sensing modules in Korea and internationally.

Zhejiang Hengwei Battery

Market Cap: CN¥2.5b

Engages in the research, development, production, and sale of battery products in China and internationally.

Aeolus Tyre

Market Cap: CN¥3.8b

Manufactures and sells tires for trucks, buses, and construction machinery vehicles in China and internationally.

East West Banking

Market Cap: ₱23.4b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

Tien Phong Plastic

Market Cap: ₫9.1t

Manufactures and trades in plastic pipes for civil and industrial use in Vietnam.

Shanghai Pioneer Holding

Market Cap: HK$2.6b

An investment holding company, markets, promotes, and sells pharmaceutical products and medical devices primarily in the People’s Republic of China.