Swedish Undervalued Small Caps With Insider Buying

Embracer Group

Market Cap: SEK 10.0b

Develops and publishes PC, console, mobile, VR, and board games for the games market worldwide.

Nederman Holding

Market Cap: SEK 4.7b

Operates as an environmental technology company.

Eastnine

Market Cap: SEK 4.2b

A real estate investment firm.

PowerCell Sweden

Market Cap: SEK 1.1b

Develops and produces fuel cells and fuel cell systems for automotive, marine, and stationary applications in Sweden and internationally.

Bilia

Market Cap: SEK 11.1b

Operates as a full-service supplier for car ownership in Sweden, Norway, Luxemburg, and Belgium.

CellaVision

Market Cap: SEK 3.4b

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

Cloetta

Market Cap: SEK 14.5b

Operates as a confectionery company.

Nyab

Market Cap: SEK 4.1b

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

Ependion

Market Cap: SEK 3.0b

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

Boozt

Market Cap: SEK 5.3b

Sells fashion, apparel, shoes, accessories, kids, home, sports, and beauty products online.

Byggmax Group

Market Cap: SEK 3.2b

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

AddLife

Market Cap: SEK 16.4b

Provides equipment, consumables, and reagents primarily to healthcare sector, research, colleges, and universities, as well as the food and pharmaceutical industries.

Karnov Group

Market Cap: SEK 6.9b

Provides online and offline information products and services for professionals in the areas of legal, tax and accounting, environmental, and health and safety in Denmark, Norway, France, Sweden, Portugal, and Spain.

KlaraBo Sverige

Market Cap: SEK 2.1b

A property company, acquires, builds, owns, and manages homes in Sweden.

NOTE

Market Cap: SEK 4.9b

Provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Bulgaria, Estonia, China, and internationally.

Paradox Interactive

Market Cap: SEK 12.3b

Develops and publishes strategy and management games on PC and consoles in the United States, Rest of Europe, Sweden, and internationally.

Diös Fastigheter

Market Cap: SEK 8.8b

Develops, owns, and rents commercial and residential properties in Sweden.

Invisio

Market Cap: SEK 11.8b

Develops and sells communication and hearing protection systems for professionals in the defense, law enforcement, and security sectors in Sweden, the United Kingdom, Denmark, rest of Europe, the United States, and internationally.

Attendo

Market Cap: SEK 14.4b

Provides health and care services in Scandinavia and Finland.

Bergman & Beving

Market Cap: SEK 7.1b

Provides solutions for the manufacturing and construction sectors in Sweden, Norway, Finland, and internationally.

Systemair

Market Cap: SEK 14.6b

Manufactures and sells of ventilation, heating and cooling products, and systems in Europe, North America, the Middle East, Asia, Australia, and Africa.

Nolato

Market Cap: SEK 12.6b

Develops, manufactures, and sells plastic, silicone, and thermoplastic elastomer products in Europe, Asia, North America, and internationally.

Nordrest Holding

Market Cap: SEK 3.7b

Operates as a foodservice company in Sweden and internationally.

Inwido

Market Cap: SEK 8.3b

Through its subsidiaries, engages in development, manufacture, and sale of windows and doors in Sweden.

Alimak Group

Market Cap: SEK 11.3b

Alimak Group AB (publ) desigs and manufactures vertical access solutions in Europe, Asia, Australia, South and North America, and internationally.

Scandi Standard

Market Cap: SEK 9.3b

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.

Dynavox Group

Market Cap: SEK 8.6b

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

Intea Fastigheter

Market Cap: SEK 17.2b

An entrepreneurial real estate company, invests in developing and managing properties for social infrastructure in Sweden.

Beijer Alma

Market Cap: SEK 13.9b

Engages in component manufacturing and industrial trading businesses in Sweden, rest of Nordic Region, rest of Europe, North America, Asia, and internationally.

Investment AB Öresund

Market Cap: SEK 6.3b

Operates as an investment company that engages in the asset management activities in Sweden.

Eolus Aktiebolag

Market Cap: SEK 865.5m

Primarily engages in the development, construction, and operation of renewable energy assets in Sweden, Finland, the United States, Poland, Spain, and the Baltic states.

Addnode Group

Market Cap: SEK 8.3b

Offers software and services for the design, construction, product data information, project collaboration, and facility management in Sweden, Nordic countries, the United States, the United Kingdom, Germany, and internationally.

MedCap

Market Cap: SEK 6.9b

A private equity firm specializing in investments in secondary direct, later stage, industry consolidation, add-on acquisitions, growth capital, middle market, mature, turnarounds, buyout.

Carasent

Market Cap: SEK 1.6b

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

Lime Technologies

Market Cap: SEK 2.6b

Lime Technologies AB (publ) software as a service (SaaS) based customer relationship management (CRM) solutions in the Nordic region.