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.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €101.3m

Designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems.

Castellana Properties Socimi

Market Cap: €893.4m

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

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.

Anbio Biotechnology

Market Cap: US$290.1m

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, Africa, 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.

Omega Flex

Market Cap: US$294.8m

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

Infinity Capital Investments

Market Cap: RON 1.1b

S.I.F. Oltenia S.A. is a private equity and venture capital firm specializing in investments in asset management, expansion, development, start-up, turnaround, and restructuring.

SALUS Ljubljana d. d

Market Cap: €242.4m

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

Uniplus Electronics

Market Cap: NT$4.2b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 65.5b

Processes heavy bitumen crude in Africa.

Saison Technology

Market Cap: JP¥28.2b

Engages in the system development and operation, and software package businesses in Japan.

HeadwatersLtd

Market Cap: JP¥14.5b

Engages in planning and developing artificial intelligence (AI) applications in Japan.

Ligitek ElectronicsLtd

Market Cap: NT$4.4b

Manufactures, processes, and trades various electronic components in Taiwan and internationally.

Sichuan Dowell Science and Technology

Market Cap: CN¥1.4b

Sichuan Dowell Science and Technology Inc.

Chongqing Machinery & Electric

Market Cap: HK$3.1b

Designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment.

Master Trust

Market Cap: ₹15.2b

Provides financial services in India.

Weiye Construction Group

Market Cap: CN¥1.7b

Engages in the building decoration and civil construction businesses in China.

Wuhan Guide Technology

Market Cap: CN¥4.2b

Engages in the research and development, production, and sale of industrial automation products in China and internationally.

Changshu Fengfan Power Equipment

Market Cap: CN¥4.9b

Changshu Fengfan Power Equipment Co., Ltd.

Shanghai SK Automation TechnologyLtd

Market Cap: CN¥4.9b

Engages in the research, development, production, and sale of intelligent manufacturing equipment for new energy vehicles and fuel vehicles.

Decora

Market Cap: zł767.8m

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

Chongqing Changjiang River Moulding Material (Group)

Market Cap: CN¥2.5b

Chongqing Changjiang River Moulding Material (Group) Co., Ltd.

Tibet Weixinkang Medicine

Market Cap: CN¥4.1b

Engages in the research and development, production, and sale of chemical drugs and their bulk drugs in China.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥3.0b

Qingdao Choho Industrial Co., Ltd. develops, manufactures, and sells automobile chains worldwide.

Hong Ho Precision TextileLtd

Market Cap: NT$3.6b

Manufactures and sells various textiles in Taiwan.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥4.7b

ShenZhen QiangRui Precision Technology Co., Ltd.

Shenzhen Longtech Smart Control

Market Cap: CN¥3.8b

Shenzhen Longtech Smart Control Co., Ltd.

Hangzhou Fortune Gas Cryogenic Group

Market Cap: CN¥3.8b

Hangzhou Fortune Gas Cryogenic Group Co., Ltd.

Pan Asian Microvent Tech (Jiangsu)

Market Cap: CN¥3.6b

Provides micro permeable polymer and other membrane components for the automotive, packing, and protective air ventilation fields in China and internationally.

Changsha Tongcheng HoldingsLtd

Market Cap: CN¥3.3b

Engages in commercial retail, comprehensive investment, and tourism hotels businesses in China.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.1b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Lavipharm

Market Cap: €127.5m

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.

Hua Na Hydropower

Market Cap: ₫5.8t

Engages in the electricity generation activities.

Nibe

Market Cap: ₹20.0b

Engages in the fabrication and machining of components business in India and internationally.