Swedish Retail Potentially Undervalued Companies

Byggmax Group

Market Cap: SEK 3.0b

Sells building materials and related products for DIY projects in Sweden, Norway, and internationally.

Bokusgruppen

Market Cap: SEK 1.0b

Operates as a book retailer in Sweden.

Lyko Group

Market Cap: SEK 1.2b

Produces and sells various hair care and beauty products in Sweden, Norway, Finland, Denmark, Germany, Austria, Poland, and the Netherlands.

Synsam

Market Cap: SEK 7.9b

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

Bilia

Market Cap: SEK 13.2b

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

RVRC Holding

Market Cap: SEK 5.8b

Engages in the e-commerce outdoor clothing business in Germany, Sweden, and internationally.

Elon

Market Cap: SEK 277.1m

Operates a chain of consumer electronics stores in the Nordic countries.

Zinzino

Market Cap: SEK 5.4b

A direct sales company, provides dietary supplements and skincare products in Sweden and internationally.

Online Brands Nordic

Market Cap: SEK 379.2m

Engages in the online sale of carpets under Trendcarpet brand.

Meko

Market Cap: SEK 4.0b

Operates in the automotive aftermarket business in Sweden, Norway, Denmark, Finland, Poland, Estonia, Latvia, and Lithuania.

Guldbrev Holding

Market Cap: SEK 395.8m

Guldbrev Holding AB (publ) purchases and recycles gold and jewelry from private individuals primarily in Sweden, Norway, and Finland.

RugVista Group

Market Cap: SEK 1.3b

Operates direct-to-consumer online platforms for carpet and rug sales in Sweden, Germany, Austria, Switzerland, and internationally.

New Bubbleroom Sweden

Market Cap: SEK 200.5m

Operates as an e-retailer in fashion in the Nordics and the rest of Europe.

Hunter Capital

Market Cap: SEK 48.8m

Operates as an investment company focused primarily on technology and life sciences sectors.

Desenio Group

Market Cap: SEK 263.0m

An e-commerce company, provides wall art in Sweden, Germany, France, the Netherlands, Great Britain, rest of Europe, the United States, and internationally.

CDON

Market Cap: SEK 623.7m

Operates online marketplaces in Sweden, Finland, Denmark, and Norway.

Kjell Group

Market Cap: SEK 1.4b

Engages in the sale of various consumer electronics accessories in Sweden, Denmark, and Norway.

Ellos Holding

Market Cap: SEK 1.4b

Operates as an online retailer of fashion and home interior products in Sweden, Norway, Denmark, and Finland.

WS WeSports Group

Market Cap: SEK 1.8b

Distributes sports and leisure equipment in Sweden, Finland, Norway, Denmark, Germany, the Netherlands, and internationally.

Meds Apotek

Market Cap: SEK 460.6m

Operates as an online pharmacy that sells prescription and non-prescription medicines in Sweden.

Pierce Group

Market Cap: SEK 814.4m

An e-commerce company, engages in the sale of motorcycle and snowmobile gears, parts, and accessories across Europe.

Rusta

Market Cap: SEK 12.1b

Engages in the retail of products in home decoration, consumables, seasonal products, leisure, and Do It Yourself (DIY) categories in Sweden, Norway, Finland, and Germany.

H & M Hennes & Mauritz

Market Cap: SEK 290.0b

Provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide.

Vuxen Group

Market Cap: SEK 299.0m

Through its subsidiaries, develops and operates multi-brand e-commerce and direct to consumer stores in Sweden and internationally.