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.

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

National Credit and Commerce Bank

Market Cap: ৳12.8b

Provides various commercial banking services in Bangladesh.

Practic

Market Cap: RON 567.2m

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

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك39.6m

A private equity firm specializing in direct and fund investments.

Soft-World International

Market Cap: NT$16.8b

Develops, operates, and distributes games in Taiwan and China.

Co-Tech Development

Market Cap: NT$13.1b

Engages in the production and sale of copper foil for printed circuit board industry in Taiwan and China.

Invest Bank

Market Cap: د.أ198.8m

Provides various banking and related financial services in Jordan.

Cystech Electronics

Market Cap: NT$3.1b

Designs, develops, manufactures, and supplies power devices for the computing, consumer electronics, communication, and industrial markets worldwide.

Synmosa Biopharma

Market Cap: NT$15.0b

A specialty pharmaceutical company, researches, develops, manufactures, markets, and distributes pharmaceutical and healthcare products under the Synmosa brand name in Taiwan.

Ha Giang Mineral Mechanics

Market Cap: ₫4.0t

Explores, extracts, and process mineral ores in Vietnam and internationally.

Gallant Precision Machining

Market Cap: NT$11.6b

Engages in the research and development, production, manufacture, and sale of flat panel display testing, semiconductor assembly, and intelligent automation equipment in Taiwan, China, and internationally.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Kenturn Nano. Tec

Market Cap: NT$3.2b

Engages in the design, manufacture, fabrication, and marketing of machine tool spindles in Taiwan and China.

MAPFRE Middlesea

Market Cap: €133.4m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

Lavipharm

Market Cap: €138.2m

Engages in the research, development, manufacture, import, marketing, sale, and wholesale of pharmaceutical, cosmetics, and healthcare products to physicians and pharmacists in Greece and internationally.

Izmir Firça Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺5.4b

Produces and sells various cleaning materials and painting brushes in Turkey and internationally.

Zona Franca de Iquique

Market Cap: CL$206.3b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Sociedad Matriz SAAM

Market Cap: CL$1.2t

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

Linc

Market Cap: SEK 4.0b

A private equity and venture capital firm, specializing in early and mature stage investments in pharmaceutical, life-science and med-tech companies.

Conoil

Market Cap: ₦229.8b

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

Castellana Properties Socimi

Market Cap: €893.4m

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

FRMO

Market Cap: US$356.6m

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

Pure Cycle

Market Cap: US$249.4m

Provides wholesale water and wastewater services in the United States.

Innovex International

Market Cap: US$1.0b

Designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide.

Keir International

Market Cap: ر.س474.0m

Provides a range of service solutions.

Mendelson Infrastructures & Industries

Market Cap: ₪597.1m

Mendelson Infrastructures & Industries Ltd.

Flügger group

Market Cap: DKK 968.2m

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.

Decora

Market Cap: zł784.7m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺5.6b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 62.8b

Processes heavy bitumen crude in Africa.

FineMark Holdings

Market Cap: US$323.0m

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

Qudian

Market Cap: US$483.8m

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

Procimmo Group

Market Cap: CHF 225.2m

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

Intellego Technologies

Market Cap: SEK 2.0b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.

La Forestière Equatoriale

Market Cap: €137.1m

Does not have any significant operations.