Undiscovered Gems in Sweden to Watch This August 2024

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In the wake of global economic uncertainties and a notable pullback in small-cap indices, investors are increasingly seeking opportunities in less explored markets. Sweden, with its resilient economy and innovative companies, offers a fertile ground for discovering promising stocks that may have been overlooked. When navigating these turbulent times, it's crucial to identify stocks with strong fundamentals and growth potential that can withstand market volatility.

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%

★★★★★★

Bahnhof

NA

9.47%

15.07%

★★★★★★

Duni

29.33%

10.78%

22.98%

★★★★★★

AB Traction

NA

5.38%

5.19%

★★★★★★

Firefly

NA

15.31%

29.94%

★★★★★★

Linc

NA

56.01%

0.54%

★★★★★★

AQ Group

7.30%

14.89%

22.26%

★★★★★★

Rederiaktiebolaget Gotland

NA

-14.29%

18.06%

★★★★★★

Karnell Group

44.29%

22.04%

39.45%

★★★★★☆

Solid Försäkringsaktiebolag

NA

7.64%

28.44%

★★★★☆☆

Click here to see the full list of 51 stocks from our Swedish Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

CTT Systems

Simply Wall St Value Rating: ★★★★★☆

Overview: CTT Systems AB (publ) designs, manufactures, and sells humidity control systems for aircraft across Sweden, Denmark, France, the United States, and internationally with a market cap of SEK3.41 billion.

Operations: CTT Systems AB generates revenue primarily from its Aerospace & Defense segment, amounting to SEK317.70 million. The company's market cap is SEK3.41 billion.

CTT Systems, a Swedish company specializing in aircraft humidification systems, reported earnings growth of 6.5% annually over the past five years and is forecasted to grow 24.81% per year. The firm trades at 45.4% below its estimated fair value and has more cash than total debt, indicating strong financial health. Recent sales guidance projects net sales between SEK 160 million to SEK 180 million for H2 2024, reflecting a potential increase of up to 16%.

OM:CTT Earnings and Revenue Growth as at Aug 2024
OM:CTT Earnings and Revenue Growth as at Aug 2024

RVRC Holding

Simply Wall St Value Rating: ★★★★★★

Overview: RVRC Holding AB (publ) operates in the active lifestyle clothing sector, serving markets in Sweden, Germany, Finland, and internationally with a market cap of SEK4.92 billion.

Operations: RVRC Holding AB (publ) generates revenue primarily from online retail sales, amounting to SEK1.80 billion. The company operates in the active lifestyle clothing sector across various international markets.