Danish Undervalued based on future growth

AL Sydbank

Market Cap: DKK 28.0b

Provides various banking products and services to corporate, private, retail, and institutional clients in Denmark and internationally.

SP Group

Market Cap: DKK 4.4b

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa.

NTG Nordic Transport Group

Market Cap: DKK 4.3b

Provides asset-light freight forwarding services through road, rail, air, and ocean in Denmark, Sweden, the United States, Germany, Finland, and internationally.

Matas

Market Cap: DKK 3.6b

Operates a chain of retail stores that offer beauty, personal care, health and wellbeing, and household products in Denmark.

Solar

Market Cap: DKK 1.7b

Operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in Denmark, Sweden, Norway, The Netherlands, and Poland.

Trifork Group

Market Cap: DKK 1.7b

Provides information technology and other business services in Switzerland, Denmark, the United Kingdom, the Netherlands, the United States, and internationally.

Flügger group

Market Cap: DKK 1.1b

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.

TCM Group

Market Cap: DKK 669.5m

Manufactures and sells kitchen and furniture products for bathrooms and storage in Denmark, Norway, and internationally.

Gabriel Holding

Market Cap: DKK 393.1m

Develops, manufactures, and sells upholstery fabrics, components, upholstered surfaces, and related products and services in Denmark, rest of Europe, North America, Asia, and internationally.