Spanish Undiscovered Gems With Strong Fundamentals

Inversiones Doalca SOCIMI

Market Cap: €157.9m

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

Alantra Partners

Market Cap: €315.9m

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

Inmocemento

Market Cap: €1.5b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Zambal Spain Socimi

Market Cap: €584.2m

Operates as a subsidiary of IBA Capital Partners.

Indexa Capital Group

Market Cap: €197.6m

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

Aplicaciones y Tratamiento de Sistemas

Market Cap: €223.4m

Aplicaciones y Tratamiento de Sistemas, S.A.

Azkoyen

Market Cap: €206.8m

Engages in the manufacturing, marketing, distribution, leasing, purchase, and sale of vending machines and dispensers in Spain and internationally.

Clínica Baviera

Market Cap: €696.7m

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

ByteTravel

Market Cap: €187.4m

Provides services for business and leisure travelers worldwide.

Hispanotels Inversiones Socimi

Market Cap: €100.5m

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

Renta 4 Banco

Market Cap: €781.3m

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

Miquel y Costas & Miquel

Market Cap: €546.8m

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.

Prim

Market Cap: €225.5m

Operates as a health technology, mobility, and health care products provider in Spain.

Naturhouse Health

Market Cap: €120.5m

Operates in the nutrition and dietetics industry in Spain, Italy, France, Poland, and internationally.

Nicolás Correa

Market Cap: €118.9m

Engages in the manufacture ang sale of milling machines and machining centres in Spain, rest of European Union, and internationally.

Arteche Lantegi Elkartea

Market Cap: €1.2b

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