Swedish Media Potentially Undervalued Companies

Embracer Group

Market Cap: SEK 23.2b

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

G5 Entertainment

Market Cap: SEK 715.7m

Develops and publishes free-to-play games for smartphones, tablets, and personal computers in Sweden.

Stillfront Group

Market Cap: SEK 2.5b

Designs, develops, markets, publishes, and sells digital games in Europe, North America, the Middle East and North Africa, and the Asia-Pacific.

Eniro Group

Market Cap: SEK 319.5m

Operates as a software-as-a-service company in Sweden, Norway, Denmark, and Finland.

Modern Times Group MTG

Market Cap: SEK 11.8b

Through its subsidiaries, engages in the provision of game franchises in Sweden, the United Kingdom, Germany, rest of Europe, Singapore, India, the United States, and New Zealand.

Better Collective

Market Cap: SEK 8.3b

Operates as a digital sports media company in Europe, North America, and internationally.

Verve Group

Market Cap: SEK 510.7m

A digital media company, engages in the provision of ad-software solutions in North America and Europe.

M.O.B.A. Network

Market Cap: SEK 132.7m

Owns and operates various gaming communities worldwide.

Hacksaw

Market Cap: SEK 20.2b

Operates as a B2B technology platform and game development company.

Moment Group

Market Cap: SEK 184.3m

Moment Group AB, together with its subsidiaries, involved in the entertainment business in Sweden, Norway, and Denmark.

Maximum Entertainment

Market Cap: SEK 13.4m

An entertainment company, engages in the development, publishing, transmedia, sale, and operation of video games in North America, Europe, Asia, and internationally.

Modern Times Group MTG

Market Cap: SEK 11.8b

Through its subsidiaries, engages in the provision of game franchises in Sweden, the United Kingdom, Germany, rest of Europe, Singapore, India, the United States, and New Zealand.

Adtraction Group

Market Cap: SEK 478.3m

Provides advertising services in Europe.

Enad Global 7

Market Cap: SEK 1.1b

Develops, publishes, markets, and distributes games in PC, console, and mobile platforms in Sweden, rest of Europe, North America, South America, Asia, Africa, and the Oceania.

MAG Interactive

Market Cap: SEK 425.2m

Develops and publishes mobile games worldwide.

Karnov Group

Market Cap: SEK 12.5b

Provides online and offline information products and services for professionals in the areas of legal, tax and accounting, environmental, and health and safety in Denmark, Norway, France, Sweden, Portugal, and Spain.

Viaplay Group

Market Cap: SEK 4.7b

Operates as an entertainment provider company in Sweden, rest of Nordics, rest of Europe, and internationally.

Acast

Market Cap: SEK 3.4b

Operates as a podcasting company in Europe, North America, and internationally.

Jumpgate

Market Cap: SEK 22.8m

Develops, produces, and publishes games and other digital products across various distribution platforms worldwide.

Flexion Mobile

Market Cap: SEK 329.9m

Operates game distribution platform for game developers worldwide.

Starbreeze

Market Cap: SEK 307.3m

Develops, publishes, and distributes PC and console games in Europe and North America.

Safe Lane Gaming

Market Cap: SEK 15.4m

Develops and manages mobile games for the public platforms.

Nitro Games Oyj

Market Cap: SEK 35.1m

Develops and publishes mobile games in the European Union, North America, the United Kingdom, and internationally.

Starbreeze

Market Cap: SEK 307.3m

Develops, publishes, and distributes PC and console games in Europe and North America.

Viaplay Group

Market Cap: SEK 4.7b

Operates as an entertainment provider company in Sweden, rest of Nordics, rest of Europe, and internationally.