Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Kuwait Insurance CompanyK.P

Market Cap: د.ك115.1m

Provides various insurance products and services in Kuwait.

Jamuna Bank

Market Cap: ৳22.2b

Provides various banking products and services in Bangladesh.

Li Ming Development Construction

Market Cap: NT$3.9b

Li Ming Development Construction Co., Ltd.

ADDCN Technology

Market Cap: NT$10.0b

Operates online trading platforms in Taiwan and internationally.

ABICO Asia Capital

Market Cap: NT$6.0b

Engages in the investment activities.

Practic

Market Cap: RON 950.3m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ80.6m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Bonraybio

Market Cap: NT$4.2b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Hayleys

Market Cap: LK₨180.2b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Central Finance

Market Cap: LK₨63.7b

Provides various financial solutions primarily in Sri Lanka.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

Joyce

Market Cap: AU$157.9m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Alumil Aluminium Industry

Market Cap: €183.5m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Inpro

Market Cap: zł362.4m

Engages in the construction and sale of residential and commercial real estate properties in Poland.

Payton Industries

Market Cap: ₪624.2m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Empresas Lipigas

Market Cap: CL$954.2b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺11.8b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Bank of Africa Mali

Market Cap: XOF 119.3b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Master Drilling Group

Market Cap: R2.7b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Purple Group

Market Cap: R3.1b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

SALUS Ljubljana d. d

Market Cap: €443.8m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

AB Akola Group

Market Cap: €306.5m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

AIICO Insurance

Market Cap: ₦150.8b

Provides risk underwriting and related financial services in Nigeria.

Cyprus Cement

Market Cap: €186.5m

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

Arendals Fossekompani

Market Cap: NOK 8.6b

An industrial investment company, provides cyber secure satellite and mobile communications in Norway, Europe, Asia, and North America.

Terminal X Online

Market Cap: ₪1.0b

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Inversiones Doalca SOCIMI

Market Cap: €156.6m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

KABE Group AB (publ.)

Market Cap: SEK 1.9b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺6.5b

Marmaris Altinyunus Turistik Tesisler A.S.

Dekpol

Market Cap: zł740.9m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.