Icelandic Potentially Undervalued Companies

Nova Klúbburinn hf

Market Cap: ISK 13.4b

Operates as a telecommunications company in Iceland.

Sláturfélags Suðurlands svf

Market Cap: ISK 1.7b

Engages in the abattoir, meat processing, and import and export businesses in Iceland and internationally.

Kaldalón hf

Market Cap: ISK 26.5b

Operates as a real estate development company in Iceland.

Kaldvik

Market Cap: ISK 676.4m

Engages in the salmon farming business in Iceland.

Icelandair Group hf

Market Cap: ISK 32.1b

Operates in the airline industry in Iceland, North America, Europe, and internationally.

Oculis Holding

Market Cap: ISK 1.6b

A clinical-stage biopharmaceutical company, develops drug candidates to treat ophthalmic, neuro-ophthalmic, and neurological diseases in Switzerland and internationally.

Hagar hf

Market Cap: ISK 131.2b

Operates retail stores in Iceland.

Skel fjárfestingafélag hf

Market Cap: ISK 30.8b

Skel fjárfestingafélag hf. is private equity investment firm.

Alvotech

Market Cap: ISK 1.1b

Through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide.

JBT Marel

Market Cap: ISK 6.7b

Provides technology solutions to food and beverage industry in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.