Global High-Quality Undiscovered Gems

Upsales Technology

Market Cap: SEK 446.2m

Operates as a software-as-a-service company that develops and sells web-based business systems with a focus on sales, marketing, and analysis in Sweden and internationally.

innoscripta

Market Cap: €736.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany.

SHAPE Australia

Market Cap: AU$530.4m

Engages in the construction, fitout, and refurbishment of commercial properties in Australia.

Lum Chang Creations

Market Cap: S$327.6m

Operates as an urban revitalization specialist that offers conservation and restoration works in Singapore and Malaysia.

Jeena Sikho Lifecare

Market Cap: ₹85.3b

Trades in ayurvedic medicines in India.

Serabi Gold

Market Cap: UK£257.5m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Australian Ethical Investment

Market Cap: AU$555.5m

Australian Ethical Investment Ltd is a publicly owned investment manager.

NorAm Drilling

Market Cap: NOK 1.9b

Together with its subsidiary, owns and operates AC driven rigs for the drilling of horizontal wells in the United States.

SKS Technologies Group

Market Cap: AU$653.9m

Engages in the design, supply, and installation of audio visual, electrical, and communication products and services in Australia.

Indexa Capital Group

Market Cap: €186.0m

Indexa Capital Group, S.A., together with its subsidiaries, holds interests in financial and insurance companies.

Presco

Market Cap: ₦2.3t

Engages in the oil palm plantations development, palm oil milling, palm kernel processing, and vegetable oil refining businesses in Nigeria and Ghana.

AgeSA Hayat ve Emeklilik Anonim Sirketi

Market Cap: ₺42.5b

Provides life insurance products in Turkey.

Max Stock

Market Cap: ₪4.1b

Operates various discount stores in Israel.

Anand Rathi Wealth

Market Cap: ₹306.3b

Provides financial advisory, brokerage, and consultancy services in India.

JAC Recruitment

Market Cap: JP¥138.0b

Provides recruitment consultancy services in Japan.

Micro Systemation

Market Cap: SEK 1.3b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

East African Breweries

Market Cap: KSh195.7b

Engages in the brewery, production, importation, marketing, distribution, and sale of beer, spirits, adult non-alcoholic drinks, and malt and barley products in Kenya, Uganda, and Tanzania.

Hallenstein Glasson Holdings

Market Cap: NZ$581.6m

Operates as a retailer of men’s and women’s clothing in New Zealand and Australia.

Nusantara Sawit Sejahtera

Market Cap: Rp21.7t

Engages in the palm oil plantation business in Indonesia.

Norbit

Market Cap: NOK 14.3b

Provides technology solutions to customers in a range of industries.

Crizac

Market Cap: ₹40.3b

Provides educational consultancy services in India and internationally.

Lafarge Africa

Market Cap: ₦3.9t

Manufactures, markets, and sells cement and other cementitious products in Nigeria.

EDU Holdings

Market Cap: AU$105.5m

Through its subsidiaries, provides tertiary education services in Australia.

CNMC Goldmine Holdings

Market Cap: S$587.7m

An investment holding company, engages in the exploration and mining of gold deposits in Malaysia.

TotalEnergies Marketing Maroc

Market Cap: د.م13.5b

Operates petroleum products service stations in Morocco.

Stanbic IBTC Holdings

Market Cap: ₦3.0t

A financial holding company, provides banking and other financial services to individuals, businesses, institutions, and corporations in Nigeria and internationally.

Medistim

Market Cap: NOK 4.3b

Develops, produces, services, leases, and distributes medical devices for cardiac and vascular surgery in the United States, Asia, Europe, and internationally.

MPS

Market Cap: ₹30.8b

Provides platforms and services for content creation, full-service production, and distribution to the publishers, learning companies, corporate institutions, libraries, and content aggregators in India, Europe, the United States, and internationally.

Nedap

Market Cap: €556.6m

Develops and manufactures electronic equipment and software in the Netherlands, Germany, rest of Europe, North America, and internationally.

BHI

Market Cap: ₩3.1t

Engages in the development, manufacture, and supply of power plant equipment worldwide.

Clas Ohlson

Market Cap: SEK 26.1b

A retail company, sells building, electrical, multimedia, home, and leisure products in Sweden, Norway, Finland, and internationally.

Mobvista

Market Cap: HK$23.3b

Engages in the provision of advertising and marketing technology services required to develop the mobile internet ecosystem to customers worldwide.

Zhejiang Taotao Vehicles

Market Cap: CN¥26.1b

Engages in the research and development, production, and sale of motorcycles, electric vehicles, and ATVs in China and internationally.

Manorama Industries

Market Cap: ₹84.5b

Manufactures, processes, and supplies specialty fats and butters from tree-borne, and plant-based seeds worldwide.

Shaily Engineering Plastics

Market Cap: ₹86.6b

Engages in the manufacture and sale of precision injection moulded plastic components/products in India.

Exasol

Market Cap: €57.7m

A technology company, engages in the provision of an analytics engine to access and analyze a company’s data in Germany, Austria, Switzerland, Europe, the United Kingdom, and the United States.