Swedish Undervalued Stocks Based On Cash Flows

Resurs Holding

Market Cap: SEK 5.5b

Through its subsidiaries, engages in the provision of payment solutions and consumer loans in Sweden, Norway, Finland, and Denmark.

Cavotec Group

Market Cap: SEK 1.9b

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

Ependion

Market Cap: SEK 3.7b

Provides digital solutions for secure control, management, visualization, and data communication for industrial applications.

Camurus

Market Cap: SEK 40.1b

A biopharmaceutical company, develops and commercializes medicines for severe and chronic diseases in Europe, Africa, the Middle East, North America, and Asia.

Apotea

Market Cap: SEK 9.3b

Operates an online pharmacy in Sweden.

Exsitec Holding

Market Cap: SEK 1.8b

Provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland.

Xvivo Perfusion

Market Cap: SEK 6.3b

A medical technology company, develops and markets machines and perfusion solutions for assessing usable organs and maintains in optimal condition pending transplantation in Sweden.

Bonesupport Holding

Market Cap: SEK 19.5b

An orthobiologics company, develops and sells injectable bio-ceramic bone graft substitutes in Europe, North America, and internationally.

Bactiguard Holding

Market Cap: SEK 995.2m

A medTech company, provides infection prevention technology and solutions in orthopedics, cardiology, neurology, urology, and vascular access areas in the United States, Sweden, Malaysia, India, Bangladesh, Indonesia, the Kingdom of Saudi Arabia, and internationally.

Micro Systemation

Market Cap: SEK 1.1b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Fagerhult Group

Market Cap: SEK 7.6b

Designs, manufactures, and markets professional lighting solutions worldwide.

CTT Systems

Market Cap: SEK 3.1b

Provides humidity control systems for aircraft in Sweden, Denmark, France, the United States, and internationally.

Stille

Market Cap: SEK 2.1b

Develops, manufactures, and distributes medtech products in Sweden and internationally.

Rusta

Market Cap: SEK 11.9b

Rusta AB (publ) retails home and leisure products in Sweden, Norway, Finland, and Germany.

Carasent

Market Cap: SEK 2.1b

Provides cloud based electronic health record (EHR) systems solutions and platform services for healthcare sector in Nordics and Germany.

Cint Group

Market Cap: SEK 3.1b

Provides software solutions for digital insights and research technology worldwide.

Dynavox Group

Market Cap: SEK 12.5b

Through its subsidiaries, engages in the development and sale of assistive technology products for customers with impaired communication skills.

SinterCast

Market Cap: SEK 806.3m

Provides process control technology to produce compacted graphite iron (CGI) for the foundry and automotive industries in Brazil, Mexico, Sweden, the United States of America, Korea, China, Spain, Japan, the United Kingdom, and internationally.

CellaVision

Market Cap: SEK 4.4b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Generic Sweden

Market Cap: SEK 683.4m

A technology company, provides messaging services for all applications.

TF Bank

Market Cap: SEK 8.8b

A digital bank, provides consumer banking services and e-commerce solutions through a proprietary IT platform in Sweden .

Lea Bank

Market Cap: SEK 1.2b

Provides various banking products and services in Norway, Sweden, Finland, and Spain.

SyntheticMR

Market Cap: SEK 1.2b

Engages in the development and marketing of imaging and software solutions for magnetic resonance imaging (MRI) in Sweden and internationally.

Net Insight

Market Cap: SEK 1.4b

Provides media network solutions worldwide.

Truecaller

Market Cap: SEK 23.5b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

BioGaia

Market Cap: SEK 10.8b

A healthcare company, develops, manufactures, markets and sells probiotic products for gut, oral, and immune health in Europe, the Middle East, Africa, the United States, the Asia-Pacific, Australia, and New Zealand.

W5 Solutions

Market Cap: SEK 1.0b

Manufactures and supplies systems and solutions for the defense and civil security sectors in Sweden.

Arlandastad Group

Market Cap: SEK 1.5b

Operates as a real estate development company in Sweden.

Mips

Market Cap: SEK 11.7b

Develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia.

AcadeMedia

Market Cap: SEK 8.7b

Operates as an independent education provider in Sweden, Norway, the Netherlands, and Germany.

Troax Group

Market Cap: SEK 8.7b

Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally.

NCAB Group

Market Cap: SEK 9.5b

Engages in the manufacture and sale of printed circuit boards (PCBs) in Sweden, Nordic region, rest of Europe, North America, and Asia.

Hemnet Group

Market Cap: SEK 27.1b

Operates a residential property platform in Sweden.

Hanza

Market Cap: SEK 4.2b

Provides manufacturing solutions.

Idun Industrier

Market Cap: SEK 4.0b

An investment holding company, engages in the manufacture and sale of glass fiber reinforced fat- and oil separators in Sweden.

HMS Networks

Market Cap: SEK 21.3b

Engages in the provision of products that enable industrial equipment to communicate and share information worldwide.