U.K. Undiscovered Gems With Strong Fundamentals

AltynGold

Market Cap: UK£129.3m

Engages in the exploration and development of gold ore properties in the Republic of Kazakhstan.

Goodwin

Market Cap: UK£561.7m

Provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally.

BioPharma Credit

Market Cap: US$1.0b

An investment trust, primarily invests in interest-bearing debt assets.

Nationwide Building Society

Market Cap: UK£1.2b

Provides retail banking products and services in the United Kingdom.

Andrews Sykes Group

Market Cap: UK£213.5m

An investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, rest of Europe, the Middle East, Africa, and internationally.

B.P. Marsh & Partners

Market Cap: UK£255.5m

Invests in early-stage financial services intermediary businesses in the United Kingdom and internationally.

Rights and Issues Investment Trust

Market Cap: UK£99.4m

A self-managed investment trust.

FW Thorpe

Market Cap: UK£341.4m

Designs, manufactures, and supplies professional lighting equipment in the United Kingdom, Ireland, the United Arab Emirates, Australia, the Netherlands, Germany, France, Spain, rest of Europe, and internationally.

MS INTERNATIONAL

Market Cap: UK£207.9m

Engages in the design, manufacture, construction, and servicing of a range of engineering products and structures in the United Kingdom, Europe, the United States of America, Asia, South America, and internationally.

Law Debenture

Market Cap: UK£1.3b

An investment trust, provides independent professional services to companies, agencies, organizations, and individuals worldwide.

Anglo-Eastern Plantations

Market Cap: UK£330.9m

Owns, operates, and develops oil palm plantations in Indonesia and Malaysia.

Integrated Diagnostics Holdings

Market Cap: US$209.3m

Operates as a consumer healthcare company that provides medical diagnostics services to patients.

Personal Group Holdings

Market Cap: UK£88.9m

Engages in the provision of employee services and salary sacrifice technology products in the United Kingdom.

Alpha Group International

Market Cap: UK£1.3b

Provides cash and risk management solutions in the United Kingdom, Europe, Canada, and internationally.

Jersey Electricity

Market Cap: UK£140.9m

Engages in the generation, transmission, distribution, and supply of electricity in Jersey.

Somero Enterprises

Market Cap: UK£134.0m

Designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment.

Bioventix

Market Cap: UK£135.8m

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide.

City of London Investment Group

Market Cap: UK£169.5m

City of London Investment Group PLC is a publically owned investment manager.

TruFin

Market Cap: UK£93.5m

Provides niche lending, early payment services, and video game publishing in the United Kingdom.

Ramsdens Holdings

Market Cap: UK£112.3m

Engages in the provision of diversified financial services in the United Kingdom and internationally.

Intercede Group

Market Cap: UK£102.9m

A cybersecurity company, develops and supplies identity and credential management software for digital trust in the United Kingdom, rest of Europe, the United States, and internationally.

Quartix Technologies

Market Cap: UK£115.3m

Engages in the design, development, marketing, and delivery of vehicle telematics services in the United Kingdom, France, the United States, and other European Territories.

Hargreaves Services

Market Cap: UK£222.4m

Provides environmental and industrial services in the United Kingdom, Europe, Hong Kong, and internationally.

Spectra Systems

Market Cap: UK£111.0m

Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally.

Eurocell

Market Cap: UK£157.6m

Engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland.

Fonix

Market Cap: UK£219.0m

Provides mobile payments and messaging, and managed services for media, charity, gaming, e-mobility, and other digital service businesses in the United Kingdom.

SDI Group

Market Cap: UK£85.3m

Through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide.

Corero Network Security

Market Cap: UK£76.8m

Provides distributed denial of service (DDoS) protection solutions worldwide.

Seplat Energy

Market Cap: UK£1.5b

An independent energy company, engages in the oil and gas exploration and production, and gas processing activities in Nigeria, Bahamas, Italy, Switzerland, England, and Singapore.

Beeks Financial Cloud Group

Market Cap: UK£157.5m

Provides managed cloud computing, connectivity, and analytics services for capital markets and financial services sectors in the United Kingdom, Europe, the United States, and internationally.

Aptitude Software Group

Market Cap: UK£177.4m

Provides financial management software in the United Kingdom and internationally.

Cake Box Holdings

Market Cap: UK£82.5m

Engages in the retail of fresh cream celebration cakes in the United Kingdom.

James Halstead

Market Cap: UK£679.4m

Manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia, Asia, and internationally.

Filtronic

Market Cap: UK£359.2m

Designs, develops, manufactures, and sells radio frequency (RF) technology in the United Kingdom, Europe, the Americas, and internationally.

Record

Market Cap: UK£107.7m

Through its subsidiaries, provides currency and derivative management services in the United Kingdom, North America, Continental Europe, Australia, and internationally.

Pinewood Technologies Group

Market Cap: UK£450.9m

Operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.