Global Strong Past Earnings Growth, P/E Ratio Below 20

Formula Systems (1985)

Market Cap: ₪5.0b

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.

Seadrill

Market Cap: US$1.3b

Provides offshore drilling services to the oil and gas industry worldwide.

Malayan Cement Berhad

Market Cap: RM 5.9b

An investment holding company, produces, manufactures, and trades in cement, clinker, drymix, ready-mix concrete, and other building materials and related products primarily in Malaysia and Singapore.

Jai Balaji Industries

Market Cap: ₹112.7b

Manufactures and markets iron and steel products primarily in India.

Ship Healthcare Holdings

Market Cap: JP¥188.8b

Engages in the medical, healthcare, welfare, and nursing care businesses worldwide.

Shanghai Zijiang Enterprise Group

Market Cap: CN¥9.5b

Shanghai Zijiang Enterprise Group Co., Ltd.

MIRAIT ONE

Market Cap: JP¥188.3b

Engages in the telecommunications construction, electrical construction, civil engineering work, and architectural and construction businesses in Japan.

Infraestructura Viable de

Market Cap: Mex$26.4b

Operates as a trust administrator.

Abu Qir Fertilizers and Chemical Industries (S.A.E.)

Market Cap: ج.م65.7b

Abu Qir Fertilizers and Chemical Industries Co.

Faes Farma

Market Cap: €1.1b

Researches, develops, produces, and markets pharmaceutical products, healthcare products, and raw materials worldwide.

Ruentex Engineering & Construction

Market Cap: NT$41.8b

Ruentex Engineering & Construction Co., Ltd.

Wilson Sons

Market Cap: R$7.5b

Through its subsidiaries, provides port and maritime logistics and supply chain solutions primarily in Brazil.

ACM Research

Market Cap: US$1.3b

Develops, manufactures, and sells capital equipment worldwide.

Isrotel

Market Cap: ₪4.7b

Operates and manages a chain of hotels in Israel.

Cury Construtora e Incorporadora

Market Cap: R$7.4b

Operates in real estate businesses.

Central Securities

Market Cap: US$1.3b

Central Securities Corp. is a publicly owned investment manager.

Aedas Homes

Market Cap: €1.1b

Engages in the development of residential properties in Spain.

Cairn Homes

Market Cap: UK£955.2m

Engages in the development of residential property for sale in Ireland.

Yizumi Holdings

Market Cap: CN¥9.0b

Designs, researches and develops, manufactures, sells, and services various molding machines in China and internationally.

DRDGOLD

Market Cap: US$1.2b

A gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa.

Stanley Agriculture GroupLtd

Market Cap: CN¥8.9b

Engages in the research and development, production and sale of compound fertilizers in China.

LPI Capital Bhd

Market Cap: RM 5.4b

An investment holding company, engages in the underwriting of general insurance products for personal and business needs in Malaysia, Singapore, and Cambodia.

Colgate-Palmolive (Pakistan)

Market Cap: PK₨339.6b

Manufactures, imports, exports, and sells oral care, personal care, detergent, household cleaning, and other related products in Pakistan.

Crédit du Maroc

Market Cap: د.م11.3b

Provides various banking and financial products and services in Morocco.

Leopalace21

Market Cap: JP¥175.4b

Engages in the construction, leasing, and sale of apartments, condominiums, and residential housing in Japan.

Optima bank

Market Cap: €1.1b

Provides banking, brokerage, and investment banking services in Greece.

Acter Group

Market Cap: NT$39.3b

Provides engineering services in Taiwan, Mainland China, and other Asian countries.

Três Tentos Agroindustrial S/A

Market Cap: R$7.0b

Operates in the agribusiness sector in Brazil.

Rosseti Lenenergo

Market Cap: ₽72.4b

Public Joint stock company Rosseti Lenenergo engages in the transmission and distribution of electricity in the Russian Federation.

Yindu Kitchen Equipment

Market Cap: CN¥8.7b

Engages in the research, development, production, sale, and service of commercial catering equipment in China and Internationally.

Mitsubishi Estate Logistics REIT Investment

Market Cap: JP¥172.9b

Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) was established on July 14, 2016 under the “Act on Investment Trust and Investment Corporation” (“Investment Trust Law”), and was listed on the REIT Securities Market of the Tokyo Stock Exchange on September 14, 2017 (securities code: 3481).

MEGMILK SNOW BRANDLtd

Market Cap: JP¥172.2b

Manufactures and sells milk, milk products, and other food products in Japan and internationally.

Tsubakimoto Chain

Market Cap: JP¥172.1b

Manufactures and sells chains, motion control, mobility, materials handling systems components in Japan.

UOB-Kay Hian Holdings

Market Cap: S$1.6b

An investment holding company, provides stockbroking, futures broking, structured lending, investment trading, margin financing, and nominee and research services in Singapore, Hong Kong, Thailand, Malaysia, and internationally.

Guangdong Baolihua New Energy Stock

Market Cap: CN¥8.6b

Guangdong Baolihua New Energy Stock Co., Ltd.

Rigaku Holdings

Market Cap: JP¥170.1b

Manufactures and sells scientific instruments focuses on x-ray technologies in Japan, Asia, the United States, Europe, the Middle East, and Africa.