Swedish Potentially Undervalued Companies

Viva Wine Group

Market Cap: SEK 3.1b

Develops, markets, imports, and sells wines.

CAG Group

Market Cap: SEK 759.8m

Operates as an IT consulting company in Sweden.

TagMaster

Market Cap: SEK 239.5m

An application oriented technical company, develops and sells advanced sensor systems and solutions based on radio, radar, magnetic and camera technologies under the TagMaster, Sensys Networks, and Citilog brand names.

BrainCool

Market Cap: SEK 139.4m

A medical device company, together with its subsidiaries, engages in the development, marketing, and sale of medical cooling systems for the healthcare sector in Sweden.

Preservium Property

Market Cap: SEK 257.2m

Operates as a real estate company in Sweden.

Loomis

Market Cap: SEK 25.6b

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

SpectrumOne

Market Cap: SEK 59.9m

A technology company, provides z`data management, analytics, and communications platform suites to append and analyze customer data in Sweden.

Tingsvalvet Fastighets

Market Cap: SEK 644.4m

A real estate company, owns, manages, and leases office and commercial properties in Central Sweden.

Compodium International

Market Cap: SEK 43.9m

A technology company, provides secure digital communication services in Sweden.

Sprint Bioscience

Market Cap: SEK 166.7m

A pharmaceutical company, engages in the development of pharmaceutical products in the areas of cancer in Sweden.

Boliden

Market Cap: SEK 97.0b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

Securitas

Market Cap: SEK 49.0b

Provides security services in North America, Europe, Latin America, Africa, the Middle East, Asia, and Australia.

Double Bond Pharmaceutical International

Market Cap: SEK 12.9m

A pharmaceutical company, engages in the development and commercialization of approaches for the treatment of oncological and infectious diseases.

Fleming Properties

Market Cap: SEK 159.5m

Fleming Properties AB (publ) owns, manages, and develops real estate properties.

AB Industrivärden

Market Cap: SEK 171.3b

AB Industrivärden is a publicly owned investment manager.

Svenska Handelsbanken

Market Cap: SEK 262.4b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Ework Group

Market Cap: SEK 1.7b

Engages in the provision of total talent solutions for IT/OT, research and development, engineering, and business development in Sweden, Norway, Finland, Germany, Denmark, Poland, and Slovakia.

Arion banki hf

Market Cap: SEK 247.6b

Provides various financial services to individuals, corporates, and investors in Iceland and internationally.

AGES Industri

Market Cap: SEK 405.1m

Engages in the die casting, machining, tooling, welding, and assembly of precision components.

Generic Sweden

Market Cap: SEK 565.4m

A technology company, provides messaging services for all applications.

Fastighets AB Trianon

Market Cap: SEK 3.7b

A real estate company, owns, builds, develops, and manages residential and commercial properties in Sweden.

Nyab

Market Cap: SEK 4.2b

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

Hanza

Market Cap: SEK 5.4b

Provides contract manufacturing solutions in Sweden, Finland, Estonia, Germany, Poland, the Czech Republic, rest of the European Union, Norway, rest of Europe, North America, and internationally.

Better Collective

Market Cap: SEK 6.7b

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

Tempest Security

Market Cap: SEK 144.7m

Provides security services worldwide.

Cavotec Group

Market Cap: SEK 1.5b

A cleantech company, designs and delivers connection and electrification solutions to enable the decarbonisation of ports and industrial applications worldwide.

M.O.B.A. Network

Market Cap: SEK 25.2m

Owns and operates various gaming communities worldwide.

Embellence Group

Market Cap: SEK 913.3m

Provides interior decoration products worldwide.

Gruvaktiebolaget Viscaria

Market Cap: SEK 1.9b

Engages in the exploration and evaluation of mineral resources in Sweden.

ScandBook Holding

Market Cap: SEK 222.0m

Manufactures and sells hard/soft cover books for book publishers in Sweden.

Hoist Finance

Market Cap: SEK 8.8b

A credit market company, engages in the loan acquisition and management operations in Europe.

Sivers Semiconductors

Market Cap: SEK 1.3b

Through its subsidiaries, develops, manufactures, and sells chips, components, modules, and subsystems in North America, Europe, and Asia.

Byggmax Group

Market Cap: SEK 2.9b

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

AIK Fotboll

Market Cap: SEK 34.5m

Operates a football club in Sweden.

Sotkamo Silver

Market Cap: SEK 341.4m

A mining and ore prospecting company, develops and utilizes mineral deposits in the Kainuu region in Finland.

OKEA

Market Cap: NOK 2.2b

An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.