Danish Undervalued Small Caps

Embla Medical hf

Market Cap: DKK 11.6b

Provides non-invasive orthopedic products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

MT Højgaard Holding

Market Cap: DKK 2.5b

Engages in the provision of construction, civil engineering, and infrastructure services for private and public customers in Denmark and internationally.

SP Group

Market Cap: DKK 4.6b

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 1.1b

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

Matas

Market Cap: DKK 3.8b

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