U.S. Undiscovered Gems With Strong Fundamentals

Pure Cycle

Market Cap: US$243.2m

Provides wholesale water and wastewater services in the United States.

FineMark Holdings

Market Cap: US$515.6m

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

Solesence

Market Cap: US$258.0m

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

Gulf Island Fabrication

Market Cap: US$108.4m

Operates as a fabricator of steel structures and modules in the United States.

Rich Sparkle Holdings

Market Cap: US$509.0m

Provides financial printing and corporate services in Hong Kong.

FRMO

Market Cap: US$386.1m

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

Linkhome Holdings

Market Cap: US$145.1m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Oakworth Capital

Market Cap: US$160.5m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

First Bancorp

Market Cap: US$304.7m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

SUI Group Holdings

Market Cap: US$569.0m

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

Senstar Technologies

Market Cap: US$105.0m

Provides physical, video, and access control security products and solutions worldwide.

Affinity Bancshares

Market Cap: US$124.8m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Valhi

Market Cap: US$461.6m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Morris State Bancshares

Market Cap: US$237.0m

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

Southern Michigan Bancorp

Market Cap: US$111.0m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Sound Financial Bancorp

Market Cap: US$120.5m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Metalpha Technology Holding

Market Cap: US$114.9m

Provides wealth management services in Hong Kong.

First Northern Community Bancorp

Market Cap: US$190.2m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Elron Ventures

Market Cap: US$112.3m

A venture capital firm specializing in early stage and seed investment.

ASA Gold and Precious Metals

Market Cap: US$710.2m

A publicly owned investment manager.

Greenfire Resources

Market Cap: US$362.5m

Engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.

Longduoduo

Market Cap: US$149.8m

Together its subsidiaries, provides preventive healthcare solutions in the People’s Republic of China.

QDM International

Market Cap: US$599.0m

Operates as an insurance brokerage company primarily in Hong Kong.

Tiptree

Market Cap: US$879.4m

Through its subsidiaries, provides specialty insurance products and related services in the United States and Europe.

Oil-Dri Corporation of America

Market Cap: US$869.2m

Develops, manufactures, and markets sorbent products in the United States and internationally.

Jiayin Group

Market Cap: US$671.4m

Engages in the provision of online consumer finance services in the People’s Republic of China.

Yuanbao

Market Cap: US$1.1b

Through its subsidiaries, provides online insurance distribution and services in the People’s Republic of China.

Embassy Bancorp

Market Cap: US$132.2m

Operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides various banking and related financial products and services to individual, business, and government customers in Pennsylvania.

Associated Capital Group

Market Cap: US$698.8m

Provides investment advisory services in the United States.

Village Super Market

Market Cap: US$535.3m

Engages in the operation of a chain of supermarkets in the United States.

Darkiris

Market Cap: US$139.5m

Through its subsidiaries, develops, publishes, markets, and distributes mobile games on various platforms in Hong Kong, Taiwan, Southeast Asia, North America, and the Middle East.

FS Bancorp

Market Cap: US$165.0m

Operates as the holding company for Farmers State Bank that provides banking products and services to individuals and business customers in Indiana and Michigan.

Alpine Banks of Colorado

Market Cap: US$461.5m

Provides banking products and services to individuals and businesses.

Community Bancorp

Market Cap: US$126.4m

Operates as the bank holding company for Community National Bank that provides various financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont.

First Capital Bancshares

Market Cap: US$113.8m

Operates as a holding company for First Capital Bank that provides commercial banking services in the United States.

Calvin B. Taylor Bankshares

Market Cap: US$158.7m

Operates as the holding company for Calvin B.