Swedish Potentially Undervalued Companies

Sandvik

Market Cap: SEK 229.2b

An engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide.

Arjo

Market Cap: SEK 8.8b

Develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia and Pacific, South America, Africa, and internationally.

Boozt

Market Cap: SEK 6.2b

Sells fashion, apparel, shoes, accessories, Fashion, Kids, home, sports, and beauty products online.

Billerud

Market Cap: SEK 23.6b

Provides paper and packaging materials worldwide.

Ambea

Market Cap: SEK 8.7b

Provides elderly care, disability care, and psychosocial support for the elderly and people with disabilities in Sweden, Norway, and Denmark.

NCC

Market Cap: SEK 16.3b

Operates as a construction company in Sweden, Norway, Denmark, and Finland.

ASSA ABLOY

Market Cap: SEK 303.5b

Provides door opening and access products for the institutional, commercial, and residential markets.

Angler Gaming

Market Cap: SEK 268.4m

Invests in companies that offer gaming services through the internet in Malta.

Arise

Market Cap: SEK 1.4b

Operates in the renewable energy sector.

Storskogen Group

Market Cap: SEK 19.4b

Owns and develops small and medium-sized businesses operating in services, trade, and industrial sectors.

Trelleborg

Market Cap: SEK 71.6b

Provides engineered polymer solutions for seal, damp, and protect critical applications worldwide.

Intrum

Market Cap: SEK 3.1b

Provides credit management services in Europe and internationally.

AB Volvo

Market Cap: SEK 491.7b

Manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania.

Beijer Alma

Market Cap: SEK 10.1b

Engages in component manufacturing and industrial trading businesses in Sweden, rest of Nordic Region, rest of Europe, North America, Asia, and internationally.

Raketech Group Holding

Market Cap: SEK 146.5m

Operates as an affiliate and performance marketing company worldwide.

HEXPOL

Market Cap: SEK 27.8b

Develops, manufactures, and sells various polymer compounds and engineered gaskets, seals, and wheels in Sweden, rest of Europe, the United States, rest of the Americas, and Asia.

Synsam

Market Cap: SEK 6.2b

Operates in the optical retail and eye health sector in the Nordic Region.

AB SKF

Market Cap: SEK 78.1b

Designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide.

Peab

Market Cap: SEK 19.8b

Operates as a construction and civil engineering company in Sweden, Norway, Finland, Denmark, and internationally.

Transtema Group

Market Cap: SEK 564.4m

Transtema Group AB builds, maintains, and manages the operation of various communication networks in Sweden.

Eolus Vind

Market Cap: SEK 1.2b

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

ADDvise Group

Market Cap: SEK 242.0m

Supplies medical devices, equipment, and consumables to public and private laboratories and research facilities, healthcare, and pharmaceuticals in North America, Europe, South America, Sweden, and internationally.

Newbury Pharmaceuticals

Market Cap: SEK 81.3m

Operates as hybrid pharmaceutical company in Sweden and the Scandinavian market.

C-Rad

Market Cap: SEK 967.1m

Develops, manufactures, and sells products and systems with applications in radiotherapy for the treatment of cancer in Europe, the Middle East, Africa, the America, and the Asia Pacific.

Afry

Market Cap: SEK 20.1b

Provides engineering, design, and advisory services for the infrastructure, industry, and energy sectors in the Nordics, North America, South America, Asia, rest of Europe, and internationally.

Dustin Group

Market Cap: SEK 1.4b

Provides online IT products and services in Nordic and Benelux regions.

NCC

Market Cap: SEK 16.3b

Operates as a construction company in Sweden, Norway, Denmark, and Finland.

Loomis

Market Cap: SEK 25.4b

Provides secure payment solutions in the United States, France, Switzerland, Spain, the United Kingdom, Sweden, and internationally.

Bilia

Market Cap: SEK 10.7b

Operates as a full-service supplier for car ownership in Sweden, Norway, Luxemburg, and Belgium.

Munters Group

Market Cap: SEK 18.3b

Engages in the provision of climate solutions in Sweden and internationally.

SSAB

Market Cap: SEK 55.3b

Engages in the production and sale of steel products in Sweden, Finland, the United States, the Rest of Europe, and internationally.

AB SKF

Market Cap: SEK 78.1b

Designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide.

SSAB

Market Cap: SEK 55.3b

Engages in the production and sale of steel products in Sweden, Finland, the United States, the Rest of Europe, and internationally.

Stillfront Group

Market Cap: SEK 2.3b

Through its subsidiaries, designs, develops, markets, publishes, and sells digital games in Europe, North America, the United Kingdom, and the Middle East and North Africa region.

CellaVision

Market Cap: SEK 3.6b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Embracer Group

Market Cap: SEK 24.0b

Develops and publishes PC, console, mobile, VR, and board games for the games market worldwide.