Exploring Undervalued Stocks On The Swedish Exchange With Discounts Ranging From 15.3% To 24.4%

In This Article:

Amid a climate of shifting global economic indicators and mixed market reactions, the Swedish stock exchange presents unique opportunities for investors seeking value. As inflation rates and monetary policies influence international markets, discerning investors might find undervalued stocks particularly appealing in the current environment.

Top 10 Undervalued Stocks Based On Cash Flows In Sweden

Name

Current Price

Fair Value (Est)

Discount (Est)

RVRC Holding (OM:RVRC)

SEK44.62

SEK86.94

48.7%

Gr?nges (OM:GRNG)

SEK136.10

SEK258.03

47.3%

Afry (OM:AFRY)

SEK202.80

SEK394.51

48.6%

Nolato (OM:NOLA B)

SEK60.55

SEK115.75

47.7%

Stille (OM:STIL)

SEK210.00

SEK395.81

46.9%

Dometic Group (OM:DOM)

SEK70.25

SEK130.36

46.1%

Biotage (OM:BIOT)

SEK171.20

SEK317.08

46%

Sinch (OM:SINCH)

SEK23.32

SEK43.53

46.4%

Hexatronic Group (OM:HTRO)

SEK57.12

SEK106.52

46.4%

Image Systems (OM:IS)

SEK1.50

SEK2.85

47.3%

Click here to see the full list of 47 stocks from our Undervalued Swedish Stocks Based On Cash Flows screener.

Let's explore several standout options from the results in the screener.

Fortnox

Overview: Fortnox AB operates in providing financial and administrative software solutions to small and medium-sized businesses, accounting firms, and organizations, with a market capitalization of approximately SEK 39.31 billion.

Operations: Fortnox generates revenue from several key areas: Core Products at SEK 734 million, Businesses at SEK 378 million, Accounting Firms at SEK 352 million, Financial Services at SEK 249 million, and Marketplaces at SEK 160 million.

Estimated Discount To Fair Value: 15.7%

Fortnox, priced at SEK 64.44, is positioned below its estimated fair value of SEK 76.46, reflecting a potential undervaluation in the Swedish market. The company's recent financials show robust growth with second-quarter revenue reaching SEK 521 million, up from SEK 413 million year-over-year, and net income increasing to SEK 164 million from SEK 127 million. Forecasts suggest a substantial earnings growth of approximately 21.8% annually over the next three years, outpacing the broader market expectations and indicating an attractive cash flow scenario for investors considering undervalued stocks based on these metrics.

OM:FNOX Discounted Cash Flow as at Jul 2024
OM:FNOX Discounted Cash Flow as at Jul 2024

Lime Technologies

Overview: Lime Technologies AB specializes in providing SaaS-based customer relationship management (CRM) solutions primarily in the Nordic region, with a market capitalization of SEK 4.85 billion.