The ASX has hundreds of companies to choose from for all kinds of investors. I think small caps are an exciting place to invest some of your money and are well worth considering.
Here are three small caps that I think look very attractive today:
BWX Limited (ASX: BWX)
This is the business behind natural beauty brand Sukin. It recently reported very impressive growth figures across the board.
The international markets of the UK, Canada and the USA are very promising. If Sukin's international sales grow by over 100% again in FY18 then BWX could be in for a beautiful 12 months.
BWX is currently trading at 22x FY18's estimated earnings with a grossed-up dividend yield of 1.79%.
National Veterinary Care Ltd (ASX: NVL)
National Veterinary Care is a business that's acquiring vet clinics at an impressive rate and has plans for many more over the next few years.
There are several reasons to think National Vet Care can heavily outperform the market over the next three years and I believe the market hasn't factored in how much revenue has been acquired with the new acquisitions.
National Veterinary Care is trading at 23x FY17's estimated earnings and is expected to start paying a dividend once it reports.
Clime Capital Limited (ASX: CAM)
Clime is a small listed investment company that actually has a solid dividend policy and history. It has grown its dividend every year since 2012 and currently has a grossed-up dividend yield of 8.09%.
This LIC is happy to hold small caps, medium caps and large caps on the ASX. It also has a few investments on international markets.
Foolish takeaway
All three of these businesses would make good additions to most portfolios. I think National Veterinary Care will generate the biggest returns over the next two years as it integrates more vets into its portfolio.
