Swedish Potentially Undervalued Companies

Midsona

Market Cap: SEK 1.4b

Develops, produces, and markets organic products, consumer health products, and health foods in Sweden, Denmark, Norway, Finland, Germany, France, and Spain.

Alimak Group

Market Cap: SEK 3.5b

Provides vertical access solutions in Europe, Asia, Australia, South and North America, and internationally.

Nordea Bank Abp

Market Cap: SEK 41.0b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

ITAB Shop Concept

Market Cap: SEK 5.2b

Provides solution design, customized shop fittings, checkouts, consumer flow solutions, professional lighting systems, and digitally interactive solutions for the physical stores.

Alleima

Market Cap: SEK 20.9b

Manufactures and sells stainless steels, special alloys, medical wire, and industrial heating products in Europe, North America, Asia, and internationally.

Softronic

Market Cap: SEK 1.2b

Provides IT and management services in Sweden.

JLT Mobile Computers

Market Cap: SEK 63.7m

Produces and sells rugged computer solutions in the Nordic countries, rest of Europe, the Middle East, Africa, the Americas, and internationally.

Arla Plast

Market Cap: SEK 1.0b

Through its subsidiary, Arla Plast s.r.o., produces and supplies extruded plastic sheets in Sweden, the United States, Nordic countries, rest of Europe, and internationally.

Novotek

Market Cap: SEK 782.3m

Novotek AB delivers solutions in the industrial IT and automation areas in Sweden, Norway, Denmark, Finland, Benelux countries, the United Kingdom, Ireland, and Switzerland.

Readly International

Market Cap: SEK 581.8m

Provides digital subscription services for magazines and daily newspapers through an application in Sweden, Germany, the United Kingdom, France and internationally.

Tele2

Market Cap: SEK 92.9b

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

ShaMaran Petroleum

Market Cap: SEK 629.6m

Engages in the oil and gas exploration and production.

S2Medical

Market Cap: SEK 8.9m

Develops, produces, and sells wound healing products for burns and chronic wounds in Sweden.

Bravida Holding

Market Cap: SEK 18.8b

Provides technical services and installations for buildings and industrial facilities in Sweden, Norway, Denmark, and Finland.

Moment Group

Market Cap: SEK 180.2m

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

Alimak Group

Market Cap: SEK 13.9b

Provides vertical access solutions in Europe, Asia, Australia, South and North America, and internationally.

24SevenOffice Group

Market Cap: SEK 1.6b

Provides cloud-based AI–accounting/enterprise resource planning platform to automate business administration and allow for data driven decision making for small, medium, and large companies in Norway, Sweden, rest of Europe, Canada, and internationally.

SolTech Energy Sweden

Market Cap: SEK 374.4m

Develops, sells, and installs energy and solar cell solutions in Sweden and China.

Scandi Standard

Market Cap: SEK 5.2b

Produces and sells chilled, frozen, and ready-to-eat chicken products in Sweden, Norway, Ireland, Denmark, Finland, Germany, the United Kingdom, rest of Europe, and internationally.

Nordrest Holding

Market Cap: SEK 1.7b

Operates as a foodservice company in Sweden and internationally.

Krona Public Real Estate

Market Cap: SEK 229.3m

Operates as a real estate company in Norway.

Baltic Horizon Fund

Market Cap: SEK 70.2m

A regulated closed-end contractual investment fund registered in Estonia on 23 May 2016.

Thinc Collective

Market Cap: SEK 26.4m

Offers systems, communication, and structure services in Sweden and internationally.

Teneo AI

Market Cap: SEK 349.1m

An AI platform, provides Al-powered and automated conversations solutions in Europe, the United States, and internationally.

Mediacle Group

Market Cap: SEK 128.6m

Engages in the software, game development, design and development, digital marketing, and lead generation businesses in Sweden.

Ellwee

Market Cap: SEK 5.7m

Develops, manufactures, and sells four-wheel electric vehicles in Sweden.

SinterCast

Market Cap: SEK 744.3m

Offers process control technology and solutions for the production of compacted graphite iron (CGI) to foundry and automotive industries in the Sweden and internationally.

Ellen

Market Cap: SEK 9.4m

Provides pH-balanced intimate health products for women.

SciBase Holding

Market Cap: SEK 95.7m

A medical technology company, develops and sells point-of-care platforms that utilizes electrical impedance spectroscopy for the evaluation of skin disorders in Europe, the United States, North America, Asia, Oceania, and internationally.

Bredband2 i Skandinavien

Market Cap: SEK 1.9b

Provides data communication and security solutions to individuals and companies in Sweden.

Biovica International

Market Cap: SEK 94.6m

A biotech company, develops and commercializes novel blood-based biomarker assays that enhance the monitoring and predicting of cancer therapies in the United States of America.

Green Landscaping Group

Market Cap: SEK 3.6b

Engages in the green space management and landscaping business in Sweden, Norway, Finland,Germany, and internationally.

Comintelli

Market Cap: SEK 38.8m

A software company, provides software as a service solution for external monitoring and analysis.

Skanska

Market Cap: SEK 92.6b

Operates as a construction and project development company in the Nordics, Europe, and the United States.

Lammhults Design Group

Market Cap: SEK 267.8m

Engages in the design, development, and sale of office and library interiors.

Thule Group

Market Cap: SEK 31.1b

Engages in sports and leisure company in Sweden and internationally.