Swedish Retail Potentially Undervalued Small Caps

Elon

Market Cap: SEK 275.7m

Operates a chain of consumer electronics stores in the Nordic countries.

Online Brands Nordic

Market Cap: SEK 284.0m

Engages in the online sale of carpets under Trendcarpet brand in Sweden and internationally.

Guldbrev Holding

Market Cap: SEK 379.0m

Guldbrev Holding AB (publ) purchases and recycles gold and jewelry from private individuals primarily in Sweden, Norway, and Finland.

Hunter Capital

Market Cap: SEK 43.8m

Operates as an investment company focused primarily on technology and life sciences sectors.

Desenio Group

Market Cap: SEK 220.6m

An e-commerce company, provides wall art in Sweden, Germany, France, the Netherlands, Great Britain, rest of Europe, the United States, and internationally.