Global Solid Balance Sheet and Fundamentals

Athabasca Oil

Market Cap: CA$2.8b

Engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada.

Standard Bank

Market Cap: MK 2.8t

Provides banking and other related services in Malawi.

Erie Indemnity

Market Cap: US$17.8b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

FRMO

Market Cap: US$378.2m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

FP Newspapers

Market Cap: CA$4.3m

FP Newspapers Inc. publishes, prints, and distributes daily and weekly newspapers, and specialty publications in Manitoba.

BUA Foods

Market Cap: ₦8.3t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Delta

Market Cap: US$17.4b

Manufactures and distributes cold beverages in Zimbabwe.

Blue Bird

Market Cap: US$1.4b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

United States Lime & Minerals

Market Cap: US$2.9b

Manufactures and supplies lime and limestone products in the United States.

Skkynet Cloud Systems

Market Cap: US$30.8m

An industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products in North America, Europe, the Asia Pacific, South America, and internationally.

Douglas Dynamics

Market Cap: US$719.7m

Operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America.

Metalpha Technology Holding

Market Cap: US$147.3m

Provides wealth management services in Hong Kong.

PJT Partners

Market Cap: US$7.0b

An investment bank, provides various strategic advisory, shareholder advisory, capital markets advisory, and restructuring and special situations services to corporations, financial sponsors, institutional investors, and governments worldwide.

Tornado Infrastructure Equipment

Market Cap: CA$254.0m

Through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America.

Vista Gold

Market Cap: US$126.1m

Vista Gold Corp., together with its subsidiaries, operate as a development-stage company in the gold mining industry in Australia.

CLR Investment Fund

Market Cap: €864.4k

A privately owned investment manager.

China SXT Pharmaceuticals

Market Cap: US$196.1m

A pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China.

Zona Franca de Iquique

Market Cap: CL$229.9b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Tandy Leather Factory

Market Cap: US$26.8m

Tandy Leather Factory, Inc., together with its subsidiaries, retails leather and leathercraft-related items in the United States, Canada, and Spain.

Grand Canyon Education

Market Cap: US$5.0b

Operates as an education services company in the United States.

tick Trading Software

Market Cap: €15.1m

A software company, provides solutions for professional trading of various asset classes worldwide.

Sparta

Market Cap: €78.1m

A publicly owned investment manager.

CorVel

Market Cap: US$5.1b

Provides workers’ compensation, general and auto liability, and hospital bill auditing and payment integrity solutions.

Slide Insurance Holdings

Market Cap: US$2.5b

Engages in underwriting single family and condominium policies in the property and casualty industry in the United States.

PPLA Participations

Market Cap: R$3.0m

PPLA Participations Ltd. formerly known as BTG Pactual Participations Ltd.

Kahira Pharmaceuticals & Chemical Industries

Market Cap: ج.م2.6b

Engages in the manufacturing and sale of pharmaceuticals, medical preparations, cosmetics, and materials in Egypt.

AHT Syngas Technology

Market Cap: €11.1m

Designs and installs biomass power plants worldwide.

Long An School Book and Equipment

Market Cap: ₫58.0b

Engages in the publication of books in Vietnam.

Prodvinalco

Market Cap: RON 217.3m

Engages in the manufacturing, bottling, and marketing of alcoholic beverages and spirits.

Peoples Financial

Market Cap: US$91.5m

Operates as the bank holding company for The Peoples Bank that provides banking, financial, and trust services to government entities, individuals, and small and commercial businesses in the United States.

Cambuci

Market Cap: R$429.3m

Manufactures football equipment in Brazil.

NTG Clarity Networks

Market Cap: CA$100.8m

Engages in the provision of network, telecom, IT, and infrastructure solutions to medium and large network service providers.

Cavali I.C.L.V

Market Cap: S/207.3m

Provides registration, transfer, and custody services for securities in Peru.

Wilson Sons

Market Cap: R$7.7b

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

independent capital

Market Cap: €799.6k

Provides financing solutions in Germany.

Wholetech System Hitech

Market Cap: NT$7.2b

Provides system integration services in Taiwan, China, and Singapore.