Swedish Potentially Undervalued Companies

Loomis

Market Cap: SEK 27.1b

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

Afry

Market Cap: SEK 18.7b

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.

Preservium Property

Market Cap: SEK 221.6m

Operates as a real estate company in Sweden.

Alligo

Market Cap: SEK 5.9b

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

White Pearl Technology Group

Market Cap: SEK 548.0m

Engages in selling various technology solutions and products in Sweden, Africa, the Middle East, Asia, and Latin America.

Stora Enso Oyj

Market Cap: SEK 7.5b

Provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally.

Tele2

Market Cap: SEK 110.5b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

DevPort

Market Cap: SEK 175.9m

Engages in the product development, production development and supply chain management, and digital solutions businesses in Sweden.

Compodium International

Market Cap: SEK 47.3m

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

Cmb.Tech

Market Cap: NOK 2.3b

Engages in marine transportation business in Belgium.

Securitas

Market Cap: SEK 49.0b

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

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.

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.

TalkPool

Market Cap: SEK 86.1m

Provides network design, engineering, implementation, and managed services to telecommunications operators, system vendors, and prime contractors in Europe, the United States, the Middle East, and internationally.

Hanza

Market Cap: SEK 4.8b

Provides manufacturing solutions.

Tempest Security

Market Cap: SEK 138.9m

Provides security services worldwide.

Clemondo Group

Market Cap: SEK 126.0m

Develops, manufactures, and sells a range of hygiene and cleaning products for automotive, medical care, and industrial sectors in Sweden.

M.O.B.A. Network

Market Cap: SEK 120.2m

Owns and operates various gaming communities worldwide.

Checkin.Com Group

Market Cap: SEK 166.8m

Develops software as a service that allow its consumers to connect with brands and services online in Sweden and internationally.

Dedicare

Market Cap: SEK 432.2m

Operates as a recruitment and staffing company in the healthcare, life science, education, and social work industries in Sweden, Norway, Finland, the United Kingdom, and Denmark.

Arctic Paper

Market Cap: SEK 586.2m

Produces and sells paper products for printing houses, paper distributors, book and magazine publishing houses, and the advertising industries.

ScandBook Holding

Market Cap: SEK 205.5m

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

Kallebäck Property Invest

Market Cap: SEK 737.3m

Operates as a real estate company primarily in Sweden.

Sotkamo Silver

Market Cap: SEK 346.5m

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

AGES Industri

Market Cap: SEK 412.3m

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

Terranor Group

Market Cap: SEK 630.0m

Operates as infrastructure and road maintenance company in Sweden, Denmark, and Finland.

Generic Sweden

Market Cap: SEK 588.8m

A technology company, provides messaging services for all applications.

AB Industrivärden

Market Cap: SEK 163.4b

AB Industrivärden is a publicly owned investment manager.

Hoist Finance

Market Cap: SEK 8.6b

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

Abera Bioscience

Market Cap: SEK 99.8m

A platform and vaccine development company, research, design, and develops vaccines and immunotherapies based on its proprietary vaccine delivery platform in Sweden and internationally.

BW Energy

Market Cap: NOK 12.7b

Engages in the exploration and production of oil and gas properties.

Tellusgruppen

Market Cap: SEK 80.6m

Through its subsidiaries, operates in the education and childcare sectors in Sweden.

Iconovo

Market Cap: SEK 115.7m

Develops and licenses inhalation medications in Sweden.

Arion banki hf

Market Cap: SEK 246.9b

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

TopRight Nordic

Market Cap: SEK 4.7m

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