Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Liburnia Riviera Hoteli d.d

Market Cap: €97.4m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

SHL Consolidated Bhd

Market Cap: RM 556.9m

An investment holding company, engages in the development of integrated commercial and residential properties in Malaysia.

Omega Flex

Market Cap: US$294.8m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

ASA Gold and Precious Metals

Market Cap: US$584.5m

A publicly owned investment manager.

Anbio Biotechnology

Market Cap: US$290.1m

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, Africa, and internationally.

Reitar Logtech Holdings

Market Cap: US$261.0m

Through its subsidiaries, provides construction management and engineering design services.

Sociedad Matriz SAAM

Market Cap: CL$1.1t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Shangri-La Hotel

Market Cap: ฿5.9b

Operates hotels in Bangkok and Chiang Mai provinces.

Practic

Market Cap: RON 567.2m

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

Chilanga Cement

Market Cap: K5.6b

Engages in the manufacture and sale of cement products in Zambia.

Marítima de Inversiones

Market Cap: CL$256.2b

Maritima de Inversiones SA is a publicly owned investment manager.

Teekay

Market Cap: US$554.7m

Provides crude oil marine transportation and other marine services worldwide.

Itafos

Market Cap: CA$423.4m

Operates as a phosphate and specialty fertilizer company.

FineMark Holdings

Market Cap: US$315.7m

Operates as the holding company for FineMark National Bank & Trust that provides various banking products and financial services to individual and corporate clients.

Cashmere Valley Bank

Market Cap: US$220.2m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Solesence

Market Cap: US$157.0m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Pure Cycle

Market Cap: US$239.8m

Provides wholesale water and wastewater services in the United States.

FRMO

Market Cap: US$357.0m

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 233.7b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

NSIA Banque Société Anonyme

Market Cap: XOF 202.6b

Provides various banking products and services.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Watt's

Market Cap: CL$234.5b

Manufactures and sells food products in Chile.

Maistra d.d

Market Cap: €505.6m

Engages in the hotel business in Croatia.

Bank of Africa Mali

Market Cap: XOF 73.7b

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/714.3m

Engages distribution of electricity in Peru.

Industrias del Cobre Sociedad Anónima

Market Cap: S/818.8m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Procimmo Group

Market Cap: CHF 220.7m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

Invests in, operates, and manages duty-free shops.

Standard Bank

Market Cap: MK 2.2t

Provides banking and other related services in Malawi.

First National Bank of Botswana

Market Cap: P13.1b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

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

Conoil

Market Cap: ₦229.8b

Conoil Plc markets refined petroleum products, and manufactures and markets lubricants, household, and liquefied petroleum gas (LPG) in Nigeria.

First IC

Market Cap: US$156.4m

Operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States.