Estimated Discount To Fair Value: 43.5%

CTT Systems is trading at SEK278, significantly below its fair value estimate of SEK491.86. The company reported Q2 2024 sales of SEK83.1 million and net income of SEK24.6 million, with a positive sales guidance for the second half of 2024 (SEK160-180 million). Forecasts indicate robust annual earnings growth of 24.81% and revenue growth of 21.9%, both outpacing the Swedish market averages. Despite an unstable dividend track record, CTT’s return on equity is projected to be very high at 44.4% in three years.

• According our earnings growth report, there's an indication that CTT Systems might be ready to expand.

• Unlock comprehensive insights into our analysis of CTT Systems stock in this financial health report.

Yubico

Overview: Yubico AB provides authentication solutions for computers, networks, and online services, with a market cap of SEK20.19 billion.

Operations: Yubico AB generates revenue primarily from its Security Software & Services segment, amounting to SEK2.09 billion.

Estimated Discount To Fair Value: 16.1%

Yubico reported Q2 2024 sales of SEK614.4 million and net income of SEK103.6 million, reflecting solid growth from the previous year. The stock is trading at SEK234.5, below its estimated fair value of SEK279.59, indicating potential undervaluation based on cash flows despite recent volatility in share price. Forecasts suggest robust earnings growth of 42.35% annually over the next three years, significantly outpacing the Swedish market average and highlighting strong future revenue prospects driven by innovative product developments like MilSecure Mobile with Straxis for secure web browsing applications in defense sectors.

• The growth report we've compiled suggests that Yubico's future prospects could be on the up.

• Navigate through the intricacies of Yubico with our comprehensive financial health report here.

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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.

Companies discussed in this article include OM:BHG OM:CTT and OM:YUBICO.

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