Discovering Sweden's Undiscovered Gems in October 2024
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In October 2024, the Swedish market is navigating a landscape marked by the European Central Bank's recent rate cuts, which have spurred optimism for further monetary easing across Europe. As investors seek opportunities in this evolving environment, small-cap stocks in Sweden present intriguing possibilities due to their potential for growth and resilience amid changing economic conditions. Identifying good stocks often involves looking for companies with strong fundamentals that can thrive despite broader market shifts, making them potential gems in today's dynamic climate.
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% | ★★★★★★ |
| Byggm?stare Anders J Ahlstr?m Holding | NA | 30.31% | -9.00% | ★★★★★★ |
| Svolder | NA | -22.68% | -24.17% | ★★★★★★ |
| Linc | NA | 56.01% | 0.54% | ★★★★★★ |
| Solid F?rs?kringsaktiebolag | NA | 7.64% | 28.44% | ★★★★☆☆ |
| Nederman Holding | 73.66% | 10.94% | 15.88% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Bahnhof
Simply Wall St Value Rating: ★★★★★★
Overview: Bahnhof AB (publ) operates in the Internet and telecommunications sector across Sweden and Europe with a market capitalization of SEK5.70 billion.
Operations: Bahnhof generates revenue primarily from its Internet and telecommunications services across Sweden and Europe. The company's financial performance is highlighted by a net profit margin of 12.5%, indicating its efficiency in converting revenue into profit after accounting for all expenses.
Bahnhof, a nimble player in the telecom industry, is making waves with its debt-free status and high-quality earnings. Over the past year, earnings surged by 21%, outpacing the industry's 4% growth. Recent inclusion in the S&P Global BMI Index underscores its growing recognition. For Q2 2024, Bahnhof reported sales of SEK 500.88 million and net income of SEK 53.71 million, reflecting solid performance compared to last year’s figures of SEK 459.06 million and SEK 46.44 million respectively. With basic EPS rising to SEK 0.5 from SEK 0.43, Bahnhof seems poised for continued momentum in its market segment.
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Get an in-depth perspective on Bahnhof's performance by reading our health report here.
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Explore historical data to track Bahnhof's performance over time in our Past section.
BTS Group
Simply Wall St Value Rating: ★★★★★☆
Overview: BTS Group AB (publ) is a professional services firm with a market capitalization of approximately SEK5.64 billion.