Undiscovered Gems in Sweden for September 2024
In This Article:
As global markets react to the recent Federal Reserve rate cut, smaller-cap indices have shown resilience despite remaining below their previous peaks. This environment presents a unique opportunity to explore lesser-known Swedish stocks that could benefit from the broader market sentiment and economic indicators. In this context, identifying good stocks often involves looking for companies with solid fundamentals and growth potential that may be overlooked by larger investors. With these criteria in mind, let's examine three undiscovered gems in Sweden for September 2024.
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% | ★★★★★★ |
| Firefly | NA | 16.04% | 32.29% | ★★★★★★ |
| AB Traction | NA | 5.38% | 5.19% | ★★★★★★ |
| AQ Group | 7.30% | 14.89% | 22.26% | ★★★★★★ |
| Svolder | NA | -22.68% | -24.17% | ★★★★★★ |
| Byggmästare Anders J Ahlström Holding | NA | 30.31% | -9.00% | ★★★★★★ |
| Linc | NA | 56.01% | 0.54% | ★★★★★★ |
| Solid Försäkringsaktiebolag | NA | 7.64% | 28.44% | ★★★★☆☆ |
Here's a peek at a few of the choices from the screener.
Clas Ohlson
Simply Wall St Value Rating: ★★★★★★
Overview: Clas Ohlson AB (publ) is a retail company that sells hardware, electrical, multimedia, home, and leisure products in Sweden, Norway, Finland, and internationally with a market cap of SEK10.69 billion.
Operations: Clas Ohlson generates revenue primarily through its retail specialty segment, amounting to SEK10.66 billion. The company's net profit margin is a key financial metric to consider when evaluating its overall profitability.
With earnings growth of 281.8% over the past year, Clas Ohlson outpaces the Specialty Retail industry’s 21%. The company reported Q1 sales of SEK 2.62 billion, up from SEK 2.19 billion a year ago, and net income of SEK 145.8 million compared to a net loss previously. Trading at 65% below fair value estimates and being debt-free adds to its appeal, while recent dividend approval at SEK 4.25 per share underscores shareholder returns.
-
Delve into the full analysis health report here for a deeper understanding of Clas Ohlson.
-
Assess Clas Ohlson's past performance with our detailed historical performance reports.
Duni
Simply Wall St Value Rating: ★★★★★★
Overview: Duni AB (publ) develops, manufactures, and sells concepts and products for the serving, take-away, and packaging of meals in Sweden and internationally with a market cap of approximately SEK4.84 billion.
Operations: Duni generates revenue primarily from dining solutions (SEK4.52 billion) and food packaging solutions (SEK3.05 billion).