Swedish Potentially Undervalued Companies

Chosa Oncology

Market Cap: SEK 34.4m

Develops oncology drugs for the treatment of cancer.

Rederiaktiebolaget Gotland

Market Cap: SEK 5.3b

Operates as a passenger and freight shipping company in Sweden.

Samhällsbyggnadsbolaget i Norden

Market Cap: SEK 5.7b

Owns, develops, and manages residential and social infrastructure properties in Sweden, Norway, Finland, and Denmark.

Sprint Bioscience

Market Cap: SEK 48.2m

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

TagMaster

Market Cap: SEK 203.6m

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.

KebNi

Market Cap: SEK 374.2m

Develops, manufactures, markets, and sells 4-axes stabilizing VSAT antennas for maritime applications under the KebNi Maritime brand.

Railway Metrics and Dynamics Sweden

Market Cap: SEK 42.3m

Engages in the development and sale of a platform for the real-time analysis and monitoring of rolling stock and infrastructure in Sweden.

OrganoClick

Market Cap: SEK 223.7m

A green chemical company, develops, manufactures, and sells biobased chemical products for the treatment of technical textile, nonwoven, and wood in Sweden, Other Nordics, The Rest of Europe, Asia, and North America.

Tele2

Market Cap: SEK 93.9b

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

Ascelia Pharma

Market Cap: SEK 271.5m

A biotech company, focuses on orphan oncology treatments in Sweden.

Golden Ocean Group

Market Cap: NOK 1.7b

A shipping company, owns and operates a fleet of dry bulk vessels worldwide.

CAG Group

Market Cap: SEK 788.4m

Operates as an IT consulting company in Sweden.

MAG Interactive

Market Cap: SEK 235.3m

Develops and publishes mobile games worldwide.

Söder Sportfiske

Market Cap: SEK 276.7m

Sells of sport fishing products in Sweden.

Linc

Market Cap: SEK 3.8b

A private equity and venture capital firm, specializing in early and mature stage investments in pharmaceutical, life-science and med-tech companies.

K2A Knaust & Andersson Fastigheter

Market Cap: SEK 528.9m

Operates as a real estate company in Sweden.

NCC

Market Cap: SEK 18.6b

Operates as a construction company in Sweden, Norway, Denmark, and Finland.

Vo2 Cap Holding

Market Cap: SEK 95.3m

Operates in the media tech industry.

CDON

Market Cap: SEK 459.1m

Operates online marketplace in Sweden and other Nordics region.

AB Traction

Market Cap: SEK 4.0b

A private equity firm specializing in distressed, middle market, later stage, mature, bridge, recapitalization, buyouts and PIPES investments.

Bahnhof

Market Cap: SEK 5.4b

Engages in the Internet and telecommunications business in Sweden and rest of Europe.

Waystream Holding

Market Cap: SEK 175.5m

Provides routers and switches that are used in the fiber markets and peripherals in Sweden.

Enad Global 7

Market Cap: SEK 1.0b

Engages in development, marketing, publishing, and distribution of PC, console, and mobile games in Sweden, rest of Europe, North America, South America, Asia, Africa, and Oceania.

Inhalation Sciences Sweden

Market Cap: SEK 65.8m

Inhalation Sciences Sweden AB (publ) develops and sells labtech equipment for inhalation research.

QBNK Holding

Market Cap: SEK 75.6m

Through its subsidiary, QBNK Company AB, operates as a software-as-a-service company that develops and implements digital asset management solutions worldwide.

Rederiaktiebolaget Gotland

Market Cap: SEK 5.3b

Operates as a passenger and freight shipping company in Sweden.

Bonava

Market Cap: SEK 2.9b

Operates as a residential developer in n Germany, Sweden, Finland, Estonia, Latvia, and Lithuania.

Volati

Market Cap: SEK 8.7b

A private equity firm specializing in growth capital, buyouts, add on acquisitions in mature and middle market companies.

AB Sagax

Market Cap: SEK 75.3b

Operates as a property company in Sweden, Finland, France, Benelux, Spain, Germany, and other European countries.

ALM Equity

Market Cap: SEK 1.7b

Through its subsidiaries, operates as a real estate development company in Sweden.

Jumpgate

Market Cap: SEK 29.4m

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

Ework Group

Market Cap: SEK 2.3b

Provides total talent solutions with a focus on IT/OT, R&D, engineering, and business development in Sweden, Denmark, Norway, Finland, Slovakia, and Poland.

FastPartner

Market Cap: SEK 10.5b

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

AcouSort

Market Cap: SEK 56.0m

A technology company, develops products and solutions for automated preparation of biological samples based on acoustofluidics technology for researchers and life science companies.

Yubico

Market Cap: SEK 15.6b

Provides authentication solutions for use in computers, networks, and online services.

Lipigon Pharmaceuticals

Market Cap: SEK 17.4m

Develops drugs for lipid related diseases in Sweden.