Swedish Capital Goods Undervalued Small Caps

Eolus Aktiebolag

Market Cap: SEK 1.1b

Primarily engages in the development, construction, and operation of renewable energy assets in Sweden, Finland, the United States, Poland, Spain, and the Baltic states.

Alligo

Market Cap: SEK 6.4b

Engages in the provision of workwear, personal protective equipment, tools, and consumables in Finland, Sweden, and Norway.

Nyab

Market Cap: SEK 4.3b

Provides engineering, construction, and maintenance services to energy, infrastructure, and industrial construction projects for public and private sectors in Finland and Sweden.

VBG Group

Market Cap: SEK 9.9b

Develops, manufactures, markets, and sells various industrial products in Sweden, Germany, rest of the Nordic countries and Europe, the United States, rest of North America, Brazil, Australia, New Zealand, China, and internationally.