Swedish Capital Goods Potentially Undervalued Companies

Netel Holding

Market Cap: SEK 452.6m

Provides construction and maintenance services for communication infrastructure and power networks in Sweden, Norway, Finland, Germany, and the United Kingdom.

AB SKF

Market Cap: SEK 94.1b

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

NCC

Market Cap: SEK 18.7b

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

NCC

Market Cap: SEK 18.7b

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

Storskogen Group

Market Cap: SEK 18.6b

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

Trelleborg

Market Cap: SEK 78.7b

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

Eltel

Market Cap: SEK 1.4b

Operates as an infrastructure and service provider for critical communication and power networks in Finland, Sweden, Norway, Denmark, Lithuania, Germany, and internationally.

Traton

Market Cap: SEK 14.2b

Manufactures and sells commercial vehicles in Germany, rest of Europe, the United States of America, rest of North America, Brazil, rest of South America, and internationally.

AB Volvo

Market Cap: SEK 538.1b

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

Fasadgruppen Group

Market Cap: SEK 1.7b

Operates as a service provider of facades in Sweden, Denmark, Norway, and Finland.

AB Volvo

Market Cap: SEK 538.1b

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 13.2b

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

VBG Group

Market Cap: SEK 6.2b

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.

Electrolux Professional

Market Cap: SEK 17.7b

Provides food service, beverage, and laundry products and solutions to restaurants, hotels, healthcare, educational, and other service facilities.

Ferronordic

Market Cap: SEK 656.1m

Sells, rents, and services construction equipment, trucks, and other machines in Kazakhstan, Germany, and the United States.

Svedbergs Group

Market Cap: SEK 2.8b

Develops, manufactures, and markets bathroom products in the Nordic region, the United Kingdom, and the Netherlands.

Hexatronic Group

Market Cap: SEK 5.2b

Develops, manufactures, markets, and sells fiber communication solutions in Sweden, Rest of Europe, North America, Asia Pacific, the United Kingdom, and internationally.

Eolus Aktiebolag

Market Cap: SEK 1.3b

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.

Peab

Market Cap: SEK 23.4b

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

AB SKF

Market Cap: SEK 94.1b

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

Infrea

Market Cap: SEK 437.8m

A publicly owned investment manager.

Alligo

Market Cap: SEK 5.7b

Offers workwear, personal protection equipment, tools, and consumables in Sweden, Norway, and Finland.

Absolent Air Care Group

Market Cap: SEK 2.3b

Designs, develops, sells, installs, and maintains air filtration units.

Sandvik

Market Cap: SEK 264.0b

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

Nyab

Market Cap: SEK 4.1b

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

TopRight Nordic

Market Cap: SEK 6.8m

Engages in the lighting technology, digital glass, and construction businesses.

Alfa Laval

Market Cap: SEK 166.7b

Provides heat transfer, separation, and fluid handling products and solutions worldwide.

W5 Solutions

Market Cap: SEK 992.9m

Manufactures and supplies systems and solutions for the defense and civil security sectors in Sweden.

HAKI Safety

Market Cap: SEK 645.7m

Provides safety products and solutions for infrastructure, energy, industry, aviation, rail and construction, and civil engineering industries in Europe and North America.

ASSA ABLOY

Market Cap: SEK 335.9b

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

MilDef Group

Market Cap: SEK 9.3b

Develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally.

Vestum

Market Cap: SEK 3.7b

Engages in the infrastructure, water, and service businesses in Sweden and internationally.

Alimak Group

Market Cap: SEK 3.5b

Alimak Group AB (publ) desigs and manufactures vertical access solutions in Europe, Asia, Australia, South and North America, and internationally.

Niutech Group

Market Cap: SEK 48.4m

Engages in the installation of solar cell systems and electric car chargers in Sweden.

Norditek Group

Market Cap: SEK 174.4m

Develops, sells, leases, or rents out crushers, sorting plants, and self-developed machines to recycle and convert materials into salable products in Sweden.

SinterCast

Market Cap: SEK 806.3m

Provides process control technology to produce compacted graphite iron (CGI) for the foundry and automotive industries in Brazil, Mexico, Sweden, the United States of America, Korea, China, Spain, Japan, the United Kingdom, and internationally.