Spanish Undiscovered Gems With Strong Fundamentals

Alantra Partners

Market Cap: €305.9m

Engages in the investment banking and asset management services in Spain and internationally.

Inversiones Doalca SOCIMI

Market Cap: €153.0m

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

Zambal Spain Socimi

Market Cap: €584.2m

Operates as a subsidiary of IBA Capital Partners.

Indexa Capital Group

Market Cap: €158.3m

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

Azkoyen

Market Cap: €210.2m

Designs, manufactures, and markets technology solutions in Spain and internationally.

Aplicaciones y Tratamiento de Sistemas

Market Cap: €214.5m

Aplicaciones y Tratamiento de Sistemas, S.A.

Proeduca Altus

Market Cap: €1.5b

Provides online education services.

Clínica Baviera

Market Cap: €705.9m

A medical company, operates a network of ophthalmology clinics in Spain and Europe.

ByteTravel

Market Cap: €172.4m

Provides services for business and leisure travelers worldwide.

Hispanotels Inversiones Socimi

Market Cap: €98.8m

Engages in the investment in hotel, office, residential, and commercial real estate property markets.

Altia Consultores

Market Cap: €439.2m

Operates in the information and communication technologies (ICT) sector in Spain and internationally.

Renta 4 Banco

Market Cap: €691.8m

Engages in the provision of wealth management, brokerage, and corporate advisory services in Spain and internationally.

Miquel y Costas & Miquel

Market Cap: €543.0m

Engages in the manufacture and sale of thin and special lightweight paper for the tobacco industry in Spain, the European Union, OECD countries, and internationally.

Laboratorio Reig Jofre

Market Cap: €242.5m

A pharmaceutical company, engages in the research, development, manufacture, and marketing of pharmaceutical products and specialties, as well as accessories authorized foodstuffs, dietary and personal care products, and cosmetics.

Grupo Empresarial San José

Market Cap: €407.1m

Engages in construction business in Spain and internationally.

Compañía Española de Viviendas en Alquiler

Market Cap: €176.0m

Engages in the leasing of real estate properties in Spain.

Arteche Lantegi Elkartea

Market Cap: €655.3m

Engages in the design, manufacture, integration, and supply of electrical equipment and solutions focusing on renewable energies and smart grids in Spain and internationally.

Nicolás Correa

Market Cap: €129.5m

Engages in the design, manufacture, and sale of CNC milling machines in Spain and internationally.

Faes Farma

Market Cap: €1.4b

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