Discovering AQ Group And 2 Other Swedish Small Caps with Strong Fundamentals
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In light of recent global market volatility and economic slowdown concerns, the Swedish market has shown resilience, particularly within its small-cap segment. The pan-European STOXX Europe 600 Index's decline highlights the importance of identifying stocks with strong fundamentals that can weather broader market uncertainties. When evaluating potential investments in such an environment, it's crucial to focus on companies with robust financial health and sustainable business models. In this article, we will explore AQ Group and two other Swedish small caps that stand out due to their solid fundamentals.
Top 10 Undiscovered Gems With Strong Fundamentals In Sweden
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Softronic | NA | 3.58% | 7.41% | ★★★★★★ |
| Duni | 29.33% | 10.78% | 22.98% | ★★★★★★ |
| Bahnhof | NA | 9.02% | 15.02% | ★★★★★★ |
| AB Traction | NA | 5.38% | 5.19% | ★★★★★★ |
| Firefly | NA | 16.04% | 32.29% | ★★★★★★ |
| Creades | NA | -28.54% | -27.09% | ★★★★★★ |
| Byggm?stare Anders J Ahlstr?m Holding | NA | 30.31% | -9.00% | ★★★★★★ |
| Linc | NA | 56.01% | 0.54% | ★★★★★★ |
| AQ Group | 7.30% | 14.89% | 22.26% | ★★★★★★ |
| Solid F?rs?kringsaktiebolag | NA | 7.64% | 28.44% | ★★★★☆☆ |
Underneath we present a selection of stocks filtered out by our screen.
AQ Group
Simply Wall St Value Rating: ★★★★★★
Overview: AQ Group AB (publ) manufactures and sells components and systems for industrial customers in Sweden, other European countries, and internationally with a market cap of SEK11.82 billion.
Operations: AQ Group AB generates revenue primarily from its System segment (SEK 1.78 billion) and Component segment (SEK 7.87 billion).
AQ Group has demonstrated robust financial health with earnings growth of 19.3% over the past year, outpacing the Electrical industry’s 4.4%. The company's debt to equity ratio has impressively dropped from 36.3% to 7.3% in five years, and its price-to-earnings ratio of 17.7x is attractive compared to the Swedish market's 23.5x. Recent results show net income for Q2 at SEK180 million, up from SEK170 million a year ago, reflecting solid performance despite slight revenue dips.
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Unlock comprehensive insights into our analysis of AQ Group stock in this health report.
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Assess AQ Group's past performance with our detailed historical performance reports.
Momentum Group
Simply Wall St Value Rating: ★★★★★☆
Overview: Momentum Group AB (publ) supplies industrial components, industrial services, and related services to the industrial sector and has a market cap of approximately SEK 9.11 billion.
Operations: Momentum Group AB (publ) generates revenue primarily from industrial components and services, with a total revenue of SEK 2.71 billion after adjustments. The company has experienced fluctuations in its net profit margin over recent periods.