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.

First IC

Market Cap: US$172.3m

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

Telematic Interactive Bulgaria EAD

Market Cap: лв279.2m

Offers online betting and gambling services.

Lampsa Hellenic Hotels

Market Cap: €794.7m

Operates hotels primarily in Greece, Cyprus, and Serbia.

NSIA Banque Société Anonyme

Market Cap: XOF 200.2b

Provides various banking products and services.

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.

Keir International

Market Cap: ر.س474.0m

Provides a range of service solutions.

Bank of Africa Mali

Market Cap: XOF 70.8b

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

Zambia Sugar

Market Cap: K12.7b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

La Forestière Equatoriale

Market Cap: €137.1m

Does not have any significant operations.

Smart Organic AD

Market Cap: лв349.3m

Engages in the production and distribution of organic products worldwide.

Flügger group

Market Cap: DKK 970.9m

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

Zona Franca de Iquique

Market Cap: CL$204.0b

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

Jadranski naftovod d.d

Market Cap: €796.0m

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

Conoil

Market Cap: ₦229.8b

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

Procimmo Group

Market Cap: CHF 211.7m

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

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.

Castellana Properties Socimi

Market Cap: €893.4m

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

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.

Tsubakimoto Kogyo

Market Cap: JP¥40.0b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Kanro

Market Cap: JP¥57.0b

Manufactures and sells confectionery and food products in Japan.

AOKI Holdings

Market Cap: JP¥119.3b

Engages in the fashion, anniversary and bridal, entertainment, and real estate rental businesses in Japan.

Konishi

Market Cap: JP¥72.3b

Manufactures and sells synthetic adhesives in Japan.

Korea Ratings

Market Cap: ₩401.5b

Provides credit rating and business valuation services in South Korea.

QuickLtd

Market Cap: JP¥39.8b

Engages in the recruiting, human resources service, information publishing, and Internet-related businesses in Japan and internationally.

YagiLtd

Market Cap: JP¥17.3b

Operates as a fiber trading company in Japan.

Iljin DiamondLtd

Market Cap: ₩171.5b

Iljin Diamond Co., Ltd. manufactures and sells tool materials in South Korea, the United States, Europe, Japan, China, and internationally.

Marusan Securities

Market Cap: JP¥56.0b

Engages in the financial products trading business in Japan.

AlpenLtd

Market Cap: JP¥90.7b

Engages in the development and sale of sporting products in Japan.

NPR-Riken

Market Cap: JP¥63.7b

Manufactures and sells automobile engine parts, marine engine parts, and other products in Japan and internationally.

DoshishaLtd

Market Cap: JP¥77.0b

Plans, develops, produces, and sells lifestyle-related products in Japan and internationally.

Nikko

Market Cap: JP¥26.1b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

Mr Max Holdings

Market Cap: JP¥22.0b

Operates discount stores in Japan.

Bank of Iwate

Market Cap: JP¥47.4b

Engages in the provision of various financial products and services in Japan.

Toukei Computer

Market Cap: JP¥76.1b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.