Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Standard Bank

Market Cap: MK 2.8t

Provides banking and other related services in Malawi.

Maistra d.d

Market Cap: €591.0m

Engages in the hotel business in Croatia.

Grendene

Market Cap: R$4.6b

Engages in the development, production, distribution, and sale of footwear for women, men, and children in Brazil and internationally.

Saison Technology

Market Cap: JP¥31.2b

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

Konishi

Market Cap: JP¥79.4b

Manufactures and sells synthetic adhesives in Japan.

AzureWave Technologies

Market Cap: NT$9.3b

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

Jih Lin Technology

Market Cap: NT$4.6b

Manufactures and sells lead frames and tooling products in Taiwan, China, and internationally.

Colorado

Market Cap: د.م1.0b

Manufactures and distributes various paints in Morocco and internationally.

Flügger group

Market Cap: DKK 984.6m

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.

CHANGE HoldingsInc

Market Cap: JP¥80.0b

Provides IT human resources development training services in Japan.

Bonny Worldwide

Market Cap: NT$8.3b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods.

Ohashi Technica

Market Cap: JP¥27.4b

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

Kondotec

Market Cap: JP¥38.6b

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

Triocean Industrial Corporation

Market Cap: NT$4.7b

Engages in the construction business in Taiwan.

Miwon Chemicals

Market Cap: ₩172.6b

Develops, manufactures, and sells performance chemicals for use in the rubber, detergent, and personal care industries worldwide.

Imuraya Group

Market Cap: JP¥31.0b

Manufactures and sells various food products in Japan and internationally.

AJIS

Market Cap: JP¥26.1b

Provides inventory and other retail support services in Asia.

Shenzhen TVT Digital Technology

Market Cap: CN¥4.0b

Shenzhen TVT Digital Technology Co., Ltd.

DYPNFLtd

Market Cap: ₩177.7b

Manufactures and sells powder transport equipment in South Korea, the United States, the Middle East, Southeast Asia, Europe, and internationally.

Shenzhen Tongye TechnologyLtd

Market Cap: CN¥3.5b

Engages in the research and development, production, sale, and maintenance services of rail transit electrical equipment products in China.

AlpenLtd

Market Cap: JP¥88.2b

Engages in the development and sale of sporting products in Japan.

Maxigen Biotech

Market Cap: NT$4.0b

Researches, develops, produces, and sells implantable medical devices and cosmetic products in Taiwan, America, Europe, rest of Asia, and internationally.

Hyakugo Bank

Market Cap: JP¥180.5b

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

KP Green Engineering

Market Cap: ₹26.9b

Engages in engineering and manufacture of steel structure in India.

Marusan Securities

Market Cap: JP¥58.7b

Engages in the financial products trading business in Japan.

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.

Ampire

Market Cap: NT$3.2b

Manufactures and sells liquid crystal display (LCD) modules for industrial applications in the Oceania, Taiwan, Asia, Africa, the Americas, and Europe.

Otec

Market Cap: JP¥21.7b

Trades pipework equipment in Japan.

GakkyushaLtd

Market Cap: JP¥24.7b

Manages cram schools that offers entrance exams guidance to junior high schools, high schools, and universities in Japan and internationally.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.6b

Researches, develops, produces, and sells black sesame health products in China.

Jadranski naftovod d.d

Market Cap: €806.1m

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

Zhejiang JW Precision MachineryLtd

Market Cap: CN¥7.2b

Engages in the research and development, production, and sale of bearing rings in China and internationally.

Monolithisch India

Market Cap: ₹9.2b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

BBK Test Systems

Market Cap: CN¥3.7b

Manufactures and sells automotive and structural testing equipment in China and internationally.

Monarch Networth Capital

Market Cap: ₹29.2b

Provides financial services to high net worth individuals, institutional and foreign investors, financial institutions, and corporate clients in India.