Icelandic Retail Potentially Undervalued Companies

Skel fjárfestingafélag hf

Market Cap: ISK 31.9b

An investment company, engages in the purchasing, distribution, and wholesale of fuel, lubricants, cleaning and chemical products, fertilizers, and other products and services to companies and farmers in Iceland.

Festi hf

Market Cap: ISK 96.8b

Engages in the retail sale of fuel, goods, groceries and related products, and electronic equipment in Iceland.