OM:INVE A
OM:INVE ADiversified Financial

Investor (OM:INVE A) Net Margin Surge Reinforces Bullish Narratives Despite Bearish Forecasts

Investor (OM:INVE A) has just posted its FY 2025 numbers with Q4 total revenue of SEK 73.1 billion and basic EPS of SEK 18.09, capping a trailing twelve month run of SEK 219.9 billion in revenue and SEK 51.42 in EPS that sits against a reported net margin of 71.6%. Over recent quarters, total revenue has ranged from SEK 10.0 billion in Q1 2025 to SEK 75.0 billion in Q3 2025, while basic EPS has moved from a Q1 loss of SEK 0.99 per share to SEK 19.53 in Q3 and SEK 18.09 in Q4. This gives...
OM:SKA B
OM:SKA BConstruction

Skanska (OM:SKA B) Valuation Check After New Nordic Contracts And Stockholm Development Expansion

Skanska (OM:SKA B) has attracted fresh attention after securing several sizeable Nordic projects, including a €50 million hospital expansion in Turku, grid upgrade work near Stockholm, and a €60 million retail and residential project in Espoo. See our latest analysis for Skanska. The recent hospital, grid and mixed use wins arrive as Skanska’s share price, at SEK270.0, has a 30 day share price return of 7.40%, while the 1 year total shareholder return of 14.99% and 3 year total shareholder...
OM:TRUE B
OM:TRUE BSoftware

Truecaller (OM:TRUE B) Is Down 10.7% After Softer Q4 2025 Guidance And Profit Squeeze – Has The Bull Case Changed?

Truecaller AB (publ) has released preliminary, unaudited fourth-quarter 2025 figures, guiding to total net sales of SEK 451 million and net profit of SEK 60.4 million, both lower than the same period a year earlier. The guidance also points to total revenues of SEK 462.4 million, highlighting pressure on profitability as earnings fall more sharply than sales. We’ll now examine how this softer preliminary guidance, especially the sharper profit decline, could influence Truecaller’s broader...
OM:NCC B
OM:NCC BConstruction

How Investors May Respond To NCC (OM:NCC B) Q4 2025 Guidance And New Public-Sector Contracts

NCC announced that it has been commissioned to expand a police office building in Linköping under a turnkey contract worth about SEK 170 million, while also securing a SEK 175 million school project in Surahammar and issuing earnings guidance for the fourth quarter of 2025. A key insight is that NCC’s new guidance, providing specific expectations for Q4 2025 net sales and operating profit, gives investors clearer visibility into upcoming operational performance alongside its growing...
OM:VOLV B
OM:VOLV BMachinery

AB Volvo (OM:VOLV B) Valuation Check After Nordea Upgrade And Truck Market Optimism

Analyst upgrade puts AB Volvo (OM:VOLV B) back in focus A recent upgrade from a Nordea analyst, who highlighted AB Volvo's exposure to an improving North American truck market and views on its valuation and risks, has brought fresh attention to the shares. See our latest analysis for AB Volvo. AB Volvo's share price has gained 8.2% over the past month and 21.2% over the past 90 days, while its 1 year total shareholder return of 15.9% points to momentum that extends beyond the recent analyst...
OM:BHG
OM:BHGSpecialty Retail

Exploring 3 Undervalued European Small Caps With Insider Activity

As European markets navigate a landscape marked by resilient economic data and mixed index performances, the STOXX Europe 600 Index has shown modest gains, reflecting a broader sentiment of cautious optimism. With Germany emerging from a recession and the UK economy returning to growth, small-cap stocks in Europe are capturing attention for their potential opportunities amid these dynamic conditions. Identifying promising stocks often involves looking at those with solid fundamentals and...
OM:EQT
OM:EQTCapital Markets

European Stocks That May Be Trading Below Their Estimated Value

As the European market navigates a period of resilient economic data and mixed stock index performances, investors are increasingly focused on identifying opportunities that may be trading below their estimated value. In this context, a good stock is often characterized by strong fundamentals and potential for growth that may not yet be fully reflected in its current market price.
OM:SAND
OM:SANDMachinery

How Sandvik’s SEK 420 Million Cowal Order Will Impact Sandvik (OM:SAND) Investors

Sandvik AB announced that it received a major underground equipment order worth about SEK 420 million from The Redpath Group for Evolution Mining’s Cowal Gold Operations in New South Wales, Australia, booked in the fourth quarter of 2025 with deliveries running from mid-2026 into 2027. Alongside trucks, loaders and drill rigs, Sandvik’s package includes digital solutions, rock tools, consumables and ongoing services, underlining its role as an integrated mining-technology supplier. We will...
OM:AZA
OM:AZACapital Markets

Avanza Bank Holding (OM:AZA) TTM Net Margin Above 53% Reinforces Bullish Profitability Narratives

Avanza Bank Holding (OM:AZA) has wrapped up FY 2025 with fourth quarter revenue of SEK 1,261 million and basic EPS of SEK 3.90, rounding out a year where trailing twelve month revenue reached SEK 4,944 million and basic EPS came in at SEK 16.71. Over recent quarters, revenue has moved from SEK 1,164 million in Q4 2024 to SEK 1,262 million in Q1 2025, SEK 1,164 million in Q2 2025 and SEK 1,256 million in Q3 2025. Quarterly basic EPS ranged between SEK 3.82 and SEK 4.50 over the same stretch,...
OM:SHOT
OM:SHOTHospitality

A Look At Scandic Hotels Group (OM:SHOT) Valuation After New Tromsø Scandic Go Hotel Plan

Scandic Hotels Group (OM:SHOT) is in focus after announcing plans for a new 170 room Scandic Go hotel in central Tromsø, under a long term lease with Nordlyskvartalet AS. See our latest analysis for Scandic Hotels Group. The Tromsø expansion lands at a time when Scandic Hotels Group’s share price, last closing at SEK 89.9, has a 1 day share price return of 3.27% but a year to date share price return of a 7.22% decline, while the 1 year total shareholder return of 28.21% and 5 year total...
OM:SSAB A
OM:SSAB AMetals and Mining

SSAB (OM:SSAB A) Valuation Check As Rheinmetall Deal Underscores Green Steel Growth Potential

SSAB (OM:SSAB A) is back in focus after signing a letter of intent with Rheinmetall for fossil-free steel supply. The move ties the steel producer directly into decarbonization efforts in defense manufacturing. See our latest analysis for SSAB. The Rheinmetall agreement lands at a time when momentum in SSAB’s shares has been strong, with a 30-day share price return of 13.34% and a 90-day share price return of 29.63%. The 1-year total shareholder return of 74.73% contrasts with a more moderate...
OM:SECT B
OM:SECT BHealthcare Services

Assessing Sectra (OM:SECT B) Valuation After New German Hospital Imaging Contract

TUM Klinikum Rechts der Isar’s decision to expand its Sectra (OM:SECT B) enterprise imaging setup with new pathology and ophthalmology modules puts fresh attention on how this five year contract fits into the stock’s current performance. See our latest analysis for Sectra. The TUM Klinikum Rechts der Isar contract lands at a time when Sectra’s share price, now at SEK 224.6, has a 30 day share price return of a 10.87% decline and a 90 day share price return of a 27.45% decline. Meanwhile, the...
OM:TFBANK
OM:TFBANKBanks

TF Bank (OM:TFBANK) Margin Pressure And Rising Bad Loans Test Bullish Growth Narratives

TF Bank (OM:TFBANK) has wrapped up FY 2025 with Q4 total revenue of SEK 521.6 million and basic EPS of SEK 2.83, setting a clear earnings marker for investors. Over the past year, the bank has seen quarterly revenue move from SEK 432.7 million in Q4 2024 to SEK 521.6 million in Q4 2025, while quarterly EPS shifted from SEK 3.68 to SEK 2.83. This frames a mixed picture of top line progress relative to earnings. With these results sitting alongside a cost to income ratio in the mid 30% range...
OM:SAAB B
OM:SAAB BAerospace & Defense

Saab (OM:SAAB B) Valuation Check After New SIGINT Ship Launch And Trackfire Weapons Order

Saab (OM:SAAB B) is back in focus after Poland launched its second Saab built SIGINT ship, ORP Henryk Zygalski, and Sweden placed a SEK 1.5b Trackfire Remote Weapon Station order. See our latest analysis for Saab. These contracts arrive during a period of strong share price momentum, with Saab’s latest share price at SEK 722.6, a 30 day share price return of 40.86% and a one year total shareholder return above 200%. This indicates that recent defence wins are feeding into changing...
OM:EPEN
OM:EPENElectronic

European Value Stock Picks For January 2026

As we enter January 2026, the European market is showing signs of resilience, with the pan-European STOXX Europe 600 Index recording a modest gain amid encouraging economic data and mixed earnings results. In this environment, investors may find opportunities in undervalued stocks that demonstrate strong fundamentals and potential for growth despite broader market fluctuations.