Norwegian Undervalued based on future growth

Elektroimportøren

Market Cap: NOK 721.1m

Engages in the sale of electrical installation products to private and professional customers in Norway.

Borgestad

Market Cap: NOK 682.0m

Focuses on real estate and refractory in Norway.

Itera

Market Cap: NOK 675.0m

Provides digital solutions for businesses and organizations in Norway, Sweden, Ukraine, Denmark, the Czech Republic, Iceland, Poland, and Slovakia.

Tinde Sparebank

Market Cap: NOK 648.4m

Operates as a savings bank that provides various financial products and services to retail and corporate customers primarily in Romsdal and southern parts of Nordmøre.

Sparebank 68° Nord

Market Cap: NOK 581.1m

Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.

Melhus Sparebank

Market Cap: NOK 541.4m

A savings bank, provides various banking products and services to businesses, agriculture customers, and private individuals in Norway.

Romerike Sparebank

Market Cap: NOK 398.3m

Provides banking products and services.

Aasen Sparebank

Market Cap: NOK 233.4m

Provides various banking products and services in Norway.

Flekkefjord Sparebank

Market Cap: NOK 183.6m

A savings bank, provides banking services for personal and corporate markets in Flekkefjord, Farsund, Hægebostad, Kvinesdal, Lindesnes, Lund, Lyngdal, Sirdal, and Sokndal.

Sogn Sparebank

Market Cap: NOK 171.5m

Provides various banking products and services in Norway.

Nidaros Sparebank

Market Cap: NOK 118.5m

A savings bank, provides banking services for private and corporate customers in Norway.

Høland og Setskog Sparebank

Market Cap: NOK 112.5m

Provides banking services for the retail and corporate markets in Norway.