Danish Undervalued Small Caps

TCM Group

Market Cap: DKK 679.8m

Manufactures and sells kitchen and furniture products for bathrooms and storage in Denmark, Norway, and internationally.

SP Group

Market Cap: DKK 3.9b

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa.

Flügger group

Market Cap: DKK 941.8m

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

Matas

Market Cap: DKK 4.7b

Operates a chain of retail stores that offer beauty, personal care, health and wellbeing, and household products in Denmark.