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.

Practic

Market Cap: RON 567.2m

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

Shangri-La Hotel

Market Cap: ฿5.9b

Operates hotels in Bangkok and Chiang Mai provinces.

An Cuong Wood - Working

Market Cap: ₫5.4t

Manufactures and trades in wooden household products, industrial wooden items, artificial boards, interior decoration products, kitchen equipment, and other wooden related products in Vietnam and internationally.

Central Forest Group

Market Cap: JP¥23.1b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Ruentex Interior Design

Market Cap: NT$3.4b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

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.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Solesence

Market Cap: US$218.7m

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

Morris State Bancshares

Market Cap: US$219.3m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Conoil

Market Cap: ₦229.8b

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

Omega Flex

Market Cap: US$312.6m

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 65.8b

Processes heavy bitumen crude in Africa.

La Forestière Equatoriale

Market Cap: €137.1m

Does not have any significant operations.

Malam - Team

Market Cap: ₪1.6b

Provides information technology services in Israel.

C. Mer Industries

Market Cap: ₪407.5m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Mendelson Infrastructures & Industries

Market Cap: ₪565.8m

Mendelson Infrastructures & Industries Ltd.

Reitar Logtech Holdings

Market Cap: US$242.9m

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

Qudian

Market Cap: US$450.8m

Operates as a consumer-oriented technology company in the People’s Republic of China.

Chilanga Cement

Market Cap: K5.6b

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

Transcorp Power

Market Cap: ₦2.7t

Engages in the generation and sale of electric power in Nigeria and internationally.

Terminal X Online

Market Cap: ₪593.1m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Formula Systems (1985)

Market Cap: ₪4.9b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.1b

A publicly owned investment manager.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 227.2b

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

NSIA Banque Société Anonyme

Market Cap: XOF 202.8b

Provides various banking products and services.

Payton Industries

Market Cap: ₪514.8m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Castellana Properties Socimi

Market Cap: €893.4m

As of December 20, 2016, Castellana Properties Socimi, S.A.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م11.9b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Misr Beni Suef CementE

Market Cap: ج.م5.2b

Produces and sells cement products in Egypt and internationally.

Marítima de Inversiones

Market Cap: CL$261.7b

Maritima de Inversiones SA is a publicly owned investment manager.

FineMark Holdings

Market Cap: US$316.3m

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

Amir Marketing and Investments in Agriculture

Market Cap: ₪416.5m

Supplies and markets agricultural inputs in Israel.

Aura Investments

Market Cap: ₪5.3b

Together with its subsidiaries engages in locating, initiating, planning, and building projects in the field of residential real estate in Israel and internationally.

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.

Polyram Plastic Industries

Market Cap: ₪1.1b

Manufactures and supplies thermoplastic compounds in Israel and internationally.