U.S. Undiscovered Gems With Strong Fundamentals

FineMark Holdings

Market Cap: US$491.9m

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

FRMO

Market Cap: US$377.2m

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

West Bancorporation

Market Cap: US$320.0m

Operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States.

Metalpha Technology Holding

Market Cap: US$134.0m

Provides wealth management services in Hong Kong.

Reitar Logtech Holdings

Market Cap: US$324.7m

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

Valhi

Market Cap: US$435.5m

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

Gulf Island Fabrication

Market Cap: US$111.9m

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

Morris State Bancshares

Market Cap: US$223.2m

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

Oakworth Capital

Market Cap: US$156.6m

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

Pure Cycle

Market Cap: US$247.3m

Provides wholesale water and wastewater services in the United States.

Solesence

Market Cap: US$288.1m

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

Vantage

Market Cap: US$125.3m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Slide Insurance Holdings

Market Cap: US$2.0b

Engages in underwriting single family and condominium policies in the property and casualty industry in the United States.

First Capital Bancshares

Market Cap: US$103.6m

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

Longduoduo

Market Cap: US$149.8m

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

InBankshares

Market Cap: US$124.2m

Offers a range of banking and mortgage services to individual and business customers in the United States.

Hamilton Beach Brands Holding

Market Cap: US$233.6m

Designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally.

Jiayin Group

Market Cap: US$946.5m

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

QDM International

Market Cap: US$780.2m

Operates as an insurance brokerage company primarily in Hong Kong.

Village Super Market

Market Cap: US$551.6m

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

FatPipe

Market Cap: US$112.0m

Develops secure software-defined wide area network (SD-WAN), secure access service edge (SASE), and network monitoring service (NMS) software solutions for organizations in the United States and internationally.

Oil-Dri Corporation of America

Market Cap: US$829.8m

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

San Juan Basin Royalty Trust

Market Cap: US$318.3m

Operates as an express trust in Texas.

Baird Medical Investment Holdings

Market Cap: US$150.6m

Engages in research and development, manufacturing, and sales of microwave ablation and other medical devices in the People’s Republic of China.

Hingham Institution for Savings

Market Cap: US$500.2m

Provides various financial products and services to individuals and small businesses in the United States.

Yuanbao

Market Cap: US$894.8m

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

National Presto Industries

Market Cap: US$667.4m

Provides housewares and small appliance, defense, and safety products in North America.

Fidelity D & D Bancorp

Market Cap: US$238.8m

Operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers.

River Financial

Market Cap: US$240.6m

Operates as the bank holding company for the River Bank & Trust that provides financial services to small to medium-sized businesses, organizations, entrepreneurs, and individuals in the United States.

Ohio Valley Banc

Market Cap: US$146.0m

Operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services.

Tiptree

Market Cap: US$878.6m

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

FS Bancorp

Market Cap: US$144.6m

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

First National Bank Alaska

Market Cap: US$825.6m

A commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska.

Timberland Bancorp

Market Cap: US$241.3m

Operates as the bank holding company for Timberland Bank that provides various community banking services in Washington.

First Ottawa Bancshares

Market Cap: US$132.0m

Operates as the bank holding company for American Commercial Bank & Trust, National Association that provides a range of banking and financial services to individual and corporate customers in LaSalle, Grundy, Cook, and other counties in Illinois.

Kish Bancorp

Market Cap: US$102.7m

A diversified financial services company, provides various banking products and services primarily in central Pennsylvania and the surrounding areas.