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.

Procimmo Group

Market Cap: CHF 288.3m

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

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.

ASA Gold and Precious Metals

Market Cap: US$570.6m

A publicly owned investment manager.

First National Bank of Botswana

Market Cap: P13.0b

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

Nanophase Technologies

Market Cap: US$146.0m

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

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.

Jadranski naftovod d.d

Market Cap: €780.9m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

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.

La Forestière Equatoriale

Market Cap: €139.2m

Does not have any significant operations.

Teekay

Market Cap: US$557.2m

Provides crude oil marine transportation and other marine services worldwide.

Sun

Market Cap: MU₨6.5b

Operates in the tourism sector.

Castellana Properties Socimi

Market Cap: €790.2m

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

Reitar Logtech Holdings

Market Cap: US$164.9m

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

SALUS Ljubljana d. d

Market Cap: €240.3m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Vivo Energy Mauritius

Market Cap: MU₨11.8b

Vivo Energy Mauritius Limited markets and distributes fuels and lubricants to retail and commercial customers in Mauritius.

FRMO

Market Cap: US$367.6m

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

Watt's

Market Cap: CL$231.3b

Manufactures and sells food products in Chile.

Itafos

Market Cap: CA$427.3m

Operates as a phosphate and specialty fertilizer company.

Marítima de Inversiones

Market Cap: CL$277.3b

Maritima de Inversiones SA is a publicly owned investment manager.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

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

PBA Holdings Bhd

Market Cap: RM 701.7m

An investment holding company, operates as a water supplier in the state of Penang, Malaysia.

Omega Flex

Market Cap: US$356.9m

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

Pure Cycle

Market Cap: US$258.3m

Provides wholesale water and wastewater services in the United States.

SHL Consolidated Bhd

Market Cap: RM 556.9m

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

Grendene

Market Cap: R$5.0b

Engages in the development, production, distribution, and sale of footwear for women, men, and children in Brazil and internationally.

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.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Luxchem Corporation Berhad

Market Cap: RM 508.1m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Union Coop

Market Cap: د.إ4.0b

Union Coop establishes and manages hypermarkets and consumer cooperatives in the United Arab Emirates.

Conoil

Market Cap: ₦229.8b

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

Kerevitas Gida Sanayi ve Ticaret

Market Cap: ₺10.6b

Produces and trades in frozen and canned products in Turkey.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺6.1b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Transnational Corporation of Nigeria

Market Cap: ₦451.2b

Together with the subsidiaries, engages in the hospitality, power, agro-allied, and oil and gas businesses in Nigeria.

Wema Bank

Market Cap: ₦229.3b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Ege Endüstri ve Ticaret

Market Cap: ₺29.6b

Develops, manufactures, and sells axle and suspension system components for commercial vehicles and special vehicle applications in Turkey and internationally.