Swedish Software Undervalued Small Caps

Enea

Market Cap: SEK 1.4b

Provides software products for telecom and cybersecurity industries worldwide.

Truecaller

Market Cap: SEK 5.1b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Micro Systemation

Market Cap: SEK 1.1b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Lime Technologies

Market Cap: SEK 3.5b

Provides software as a service (SaaS) based customer relationship management (CRM) solutions in the Nordic region.

Vitec Software Group

Market Cap: SEK 10.7b

Develops and delivers vertical market software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.