Swedish Undervalued Stocks Based On Cash Flows

CAG Group

Market Cap: SEK 795.6m

Operates as an IT consulting company in Sweden.

Cheffelo

Market Cap: SEK 1.4b

Engages in the supply and delivery of meal kits to various customers in Sweden, Norway, and Denmark.

Eltel

Market Cap: SEK 1.5b

Operates as an infrastructure and service provider for critical communication and power networks in Finland, Sweden, Norway, Denmark, Lithuania, Germany, and internationally.

Yubico

Market Cap: SEK 3.4b

Provides authentication solutions for use in computers, networks, and online services.

Acast

Market Cap: SEK 5.2b

Operates as a podcasting company in Europe, North America, and internationally.

Apotea

Market Cap: SEK 6.8b

Operates an online pharmacy in Sweden.

Dometic Group

Market Cap: SEK 9.6b

Provides mobile living solutions for food and beverage, climate, power and control, and other applications in the United States, Germany, Australia, Italy, France, United Kingdom, Japan, Canada, the Netherlands, Sweden, and internationally.

Haypp Group

Market Cap: SEK 4.1b

Operates as an online retailer of tobacco-free nicotine pouches and snus products in Sweden, Norway, the rest of Europe, and the United States.

Arlandastad Group

Market Cap: SEK 2.6b

Operates as a real estate development company in Sweden.

Smart Eye

Market Cap: SEK 2.2b

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.

Cint Group

Market Cap: SEK 1.5b

Provides software solutions for digital insights and research technology worldwide.

Sdiptech

Market Cap: SEK 8.7b

Provides technical services for infrastructures in Sweden, the United Kingdom, Germany, Denmark, Italy, the Netherlands, Austria, Norway, Finland, the Unites States, and internationally.

Vitrolife

Market Cap: SEK 14.4b

Provides assisted reproduction products in Europe, the Middle East, Africa, Asia-Pacific, and the Americas.

Axfood

Market Cap: SEK 68.7b

Engages in the food retail and wholesale businesses primarily in Sweden.

Careium

Market Cap: SEK 496.3m

Provides technology-enabled care services in Sweden, Norway, the United Kingdom, the Netherlands, Germany, France, and Spain.

Wästbygg Gruppen

Market Cap: SEK 227.9m

Operates as a construction and project development company in Sweden, Norway, Denmark, and Finland.

W5 Solutions

Market Cap: SEK 895.5m

Develops and delivers systems and solutions for the defense and civil protection sectors in Sweden.

Troax Group

Market Cap: SEK 6.5b

Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally.

MilDef Group

Market Cap: SEK 8.3b

Develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally.

Mentice

Market Cap: SEK 362.8m

Develops, sells, and markets solutions for training and decision support in the clinical area of interventional angiography in cardiology, neurology, vascular surgery, and radiology.

Elekta

Market Cap: SEK 21.8b

A medical technology company, provides clinical solutions for treating cancer and brain disorders in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Nordrest Holding

Market Cap: SEK 4.0b

Operates as a foodservice company in Sweden and internationally.

Rusta

Market Cap: SEK 15.5b

Engages in the retail of products in home decoration, consumables, seasonal products, leisure, and Do It Yourself (DIY) categories in Sweden, Norway, Finland, and Germany.

CDON

Market Cap: SEK 838.7m

Operates online marketplace in Sweden and other Nordics region.

Bonesupport Holding

Market Cap: SEK 17.3b

An orthobiologics company, develops and sells injectable bio-ceramic bone graft substitutes in Europe, North America, and internationally.

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.

Hemnet Group

Market Cap: SEK 10.4b

Operates a residential property platform in Sweden.

Asmodee Group

Market Cap: SEK 27.4b

Engages in publishing and distribution of tabletop games.

Qualisys Holding

Market Cap: SEK 494.0m

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

Ependion

Market Cap: SEK 3.5b

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

Cavotec Group

Market Cap: SEK 1.5b

A cleantech company, designs and delivers connection and electrification solutions to enable the decarbonisation of ports and industrial applications worldwide.

Arcoma

Market Cap: SEK 113.9m

Develops, produces, and provides radiology solutions and digital x-ray systems in Sweden and internationally.

AB Volvo

Market Cap: SEK 648.5b

Manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania.

Lime Technologies

Market Cap: SEK 2.9b

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

SyntheticMR

Market Cap: SEK 1.2b

Engages in the development and marketing of imaging and software solutions for magnetic resonance imaging (MRI) in Sweden and internationally.

RaySearch Laboratories

Market Cap: SEK 7.5b

A medical technology company, provides software solutions for cancer treatment worldwide.