Stock Analysis

European Stocks Priced Below Estimated Intrinsic Value

As European markets navigate a mixed landscape with the pan-European STOXX Europe 600 Index ending slightly lower, investors are keenly observing economic indicators and central bank policies that could influence future growth. In this environment, identifying stocks priced below their estimated intrinsic value can offer potential opportunities for investors seeking to capitalize on market inefficiencies.

Top 10 Undervalued Stocks Based On Cash Flows In Europe

NameCurrent PriceFair Value (Est)Discount (Est)
Unimot (WSE:UNT)PLN129.00PLN257.7650%
Truecaller (OM:TRUE B)SEK18.60SEK36.5549.1%
Straumann Holding (SWX:STMN)CHF94.42CHF187.4949.6%
Outokumpu Oyj (HLSE:OUT1V)€4.348€8.5449.1%
Kitron (OB:KIT)NOK68.05NOK135.4249.7%
Jæren Sparebank (OB:JAREN)NOK378.00NOK752.6549.8%
Inission (OM:INISS B)SEK48.90SEK97.0049.6%
cyan (XTRA:CYR)€2.28€4.5149.5%
Circle (BIT:CIRC)€8.00€15.7449.2%
Allegro.eu (WSE:ALE)PLN30.535PLN60.3349.4%

Click here to see the full list of 193 stocks from our Undervalued European Stocks Based On Cash Flows screener.

Below we spotlight a couple of our favorites from our exclusive screener.

AKVA group (OB:AKVA)

Overview: AKVA group ASA designs, manufactures, and installs technology products for the aquaculture industry while also offering rental and consulting services, with a market cap of NOK3.25 billion.

Operations: The company's revenue is primarily derived from Sea Based Technology at NOK2.98 billion, followed by Land Based Technology at NOK966.05 million and Digital services at NOK133.51 million.

Estimated Discount To Fair Value: 31.8%

AKVA group appears undervalued, trading at NOK 89.4, significantly below its estimated fair value of NOK 131.03. Analysts expect revenue growth of 10.2% annually, outpacing the Norwegian market's 2.3%, with earnings projected to grow by 21% per year over the next three years. Despite a recent drop in quarterly net income to NOK 63.41 million from NOK 88.58 million last year, AKVA maintains strong future guidance and strategic contracts like the RAS project with Tytlandsvik Aqua AS bolster its prospects.

OB:AKVA Discounted Cash Flow as at Dec 2025
OB:AKVA Discounted Cash Flow as at Dec 2025

BHG Group (OM:BHG)

Overview: BHG Group AB (publ) is a consumer e-commerce company operating in Sweden, Finland, Denmark, Norway, and internationally with a market cap of SEK5.49 billion.

Operations: The company generates revenue through three primary segments: Value Home (SEK2.66 billion), Premium Living (SEK2.52 billion), and Home Improvement (SEK5.28 billion).

Estimated Discount To Fair Value: 35.2%

BHG Group is trading at SEK 30.62, significantly below its estimated fair value of SEK 47.27, suggesting it is undervalued based on discounted cash flow analysis. Despite a forecasted revenue growth of 6.5% per year, which surpasses the Swedish market's average, BHG's return on equity remains low at a projected 6.1%. Recent earnings reports show improved performance with net income reaching SEK 11.2 million in Q3 2025 compared to a loss last year, indicating positive momentum towards profitability over the next three years.

OM:BHG Discounted Cash Flow as at Dec 2025
OM:BHG Discounted Cash Flow as at Dec 2025

Vimian Group (OM:VIMIAN)

Overview: Vimian Group AB (publ) operates in the global animal health industry and has a market capitalization of SEK15.26 billion.

Operations: The company generates revenue from four main segments: Medtech (€153.80 million), Diagnostics (€22.70 million), Specialty Pharma (€181.60 million), and Veterinary Services (€63.10 million).

Estimated Discount To Fair Value: 10.4%

Vimian Group, trading at SEK 28.86, is undervalued relative to its estimated fair value of SEK 32.2 based on discounted cash flow analysis. The company reported strong financial results with Q3 sales reaching EUR 104.3 million and net income of EUR 6.5 million, reversing a loss from the previous year. Despite a modest forecasted revenue growth rate of 8.9% annually, earnings are expected to grow significantly at 39.1% per year, outpacing the Swedish market average growth rate.

OM:VIMIAN Discounted Cash Flow as at Dec 2025
OM:VIMIAN Discounted Cash Flow as at Dec 2025

Seize The Opportunity

Ready To Venture Into Other Investment Styles?

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

The New Payments ETF Is Live on NASDAQ:

Money is moving to real-time rails, and a newly listed ETF now gives investors direct exposure. Fast settlement. Institutional custody. Simple access.

Explore how this launch could reshape portfolios

Sponsored Content

Valuation is complex, but we're here to simplify it.

Discover if BHG Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

About OM:BHG

BHG Group

Operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally.

Good value with reasonable growth potential.

Weekly Picks

AL
RKLB logo
AlexLovell on Rocket Lab ·

Early mover in a fast growing industry. Likely to experience share price volatility as they scale

Fair Value:US$16.25268.7% overvalued
30 users have followed this narrative
0 users have commented on this narrative
13 users have liked this narrative
AG
Agricola
EXN logo
Agricola on Excellon Resources ·

A case for CA$31.80 (undiluted), aka 8,616% upside from CA$0.37 (an 86 bagger!).

Fair Value:CA$31.898.5% undervalued
38 users have followed this narrative
7 users have commented on this narrative
15 users have liked this narrative
FU
FundamentallySarcastic
CCP logo
FundamentallySarcastic on Credit Corp Group ·

Moderation and Stabilisation: HOLD: Fair Price based on a 4-year Cycle is $12.08

Fair Value:AU$12.6412.1% overvalued
7 users have followed this narrative
1 users have commented on this narrative
0 users have liked this narrative

Updated Narratives

JE
JeremyBeeAi
PSEC logo
JeremyBeeAi on Prospect Capital ·

Title: Market Sentiment Is Dead Wrong — Here's Why PSEC Deserves a Second Look

Fair Value:US$3.8934.4% undervalued
2 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative
DA
davidlsander
QS logo
davidlsander on QuantumScape ·

An amazing opportunity to potentially get a 100 bagger

Fair Value:US$2555.9% undervalued
129 users have followed this narrative
10 users have commented on this narrative
0 users have liked this narrative
YI
AMZN logo
yiannisz on Amazon.com ·

Amazon: Why the World’s Biggest Platform Still Runs on Invisible Economics

Fair Value:US$231.382.0% undervalued
5 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative

Popular Narratives

RO
RockeTeller
SCZ logo
RockeTeller on Santacruz Silver Mining ·

Crazy Undervalued 42 Baggers Silver Play (Active & Running Mine)

Fair Value:CA$8686.7% undervalued
82 users have followed this narrative
8 users have commented on this narrative
23 users have liked this narrative
TH
TheWallstreetKing
MVIS logo
TheWallstreetKing on MicroVision ·

MicroVision will explode future revenue by 380.37% with a vision towards success

Fair Value:US$6098.5% undervalued
123 users have followed this narrative
11 users have commented on this narrative
22 users have liked this narrative
AN
AnalystConsensusTarget
NVDA logo
AnalystConsensusTarget on NVIDIA ·

NVDA: Expanding AI Demand Will Drive Major Data Center Investments Through 2026

Fair Value:US$250.3930.5% undervalued
975 users have followed this narrative
6 users have commented on this narrative
26 users have liked this narrative