Swedish Tech Undervalued over 20% based on DCF

Telefonaktiebolaget LM Ericsson

Market Cap: SEK 317.7b

Provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India.

NCAB Group

Market Cap: SEK 13.5b

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

Dynavox Group

Market Cap: SEK 8.1b

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

Ependion

Market Cap: SEK 4.8b

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

Smart Eye

Market Cap: SEK 3.7b

Develops human insight artificial intelligence (AI) technology solutions that understand, support, and predict human behavior in the Nordics countries, the rest of Europe, North America, Asia, and internationally.

Dustin Group

Market Cap: SEK 2.4b

Engages in online information technology business in Sweden, Finland, Denmark, the Netherlands, Norway, and Belgium.

Alcadon Group

Market Cap: SEK 742.7m

Provides data and telecommunication products and systems in Sweden, Norway, Denmark, Germany, the United Kingdom, and the Benelux.

Pricer

Market Cap: SEK 705.6m

Provides in-store digital solutions in Europe, the Middle East and Africa, the Americas, and Asia and Pacific.

Sensys Gatso Group

Market Cap: SEK 522.3m

Provides automated traffic enforcement solutions in Sweden and internationally.

Qualisys Holding

Market Cap: SEK 483.0m

Provides precision motion capture and 3D positioning tracking systems in Europe, the Middle East, Africa, the United States, and the Asia-Pacific.