Exploring Three Swedish Exchange Stocks With Estimated Discounts Ranging From 10.7% To 30.3%

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As global markets navigate through a period of heightened political and economic uncertainty, Sweden's stock market presents a unique landscape for investors seeking value. Amidst varying performance across major indices, identifying undervalued stocks becomes crucial in leveraging potential market inefficiencies for strategic investment opportunities.

Top 10 Undervalued Stocks Based On Cash Flows In Sweden

Name

Current Price

Fair Value (Est)

Discount (Est)

Bj?rn Borg (OM:BORG)

SEK55.60

SEK104.75

46.9%

Paradox Interactive (OM:PDX)

SEK143.00

SEK253.01

43.5%

Biotage (OM:BIOT)

SEK160.00

SEK314.09

49.1%

Nordic Waterproofing Holding (OM:NWG)

SEK160.00

SEK305.52

47.6%

Lindab International (OM:LIAB)

SEK228.40

SEK422.65

46%

RaySearch Laboratories (OM:RAY B)

SEK137.60

SEK280.31

50.9%

Flexion Mobile (OM:FLEXM)

SEK8.34

SEK15.83

47.3%

Stille (OM:STIL)

SEK211.00

SEK391.22

46.1%

Image Systems (OM:IS)

SEK1.49

SEK2.81

47.1%

Nordisk Bergteknik (OM:NORB B)

SEK17.72

SEK32.32

45.2%

Click here to see the full list of 44 stocks from our Undervalued Swedish Stocks Based On Cash Flows screener.

Let's dive into some prime choices out of from the screener

Absolent Air Care Group

Overview: Absolent Air Care Group AB specializes in designing, developing, selling, installing, and maintaining air filtration units with a market capitalization of approximately SEK 4.13 billion.

Operations: The company generates revenue primarily from two segments: Industrial, which brought in SEK 1.12 billion, and Commercial Kitchen, contributing SEK 289.38 million.

Estimated Discount To Fair Value: 13.3%

Absolent Air Care Group, priced at SEK 367, trades below its fair value estimate of SEK 421.36, reflecting a modest undervaluation based on cash flow analysis. With expected revenue growth at 9.6% annually, it surpasses the Swedish market's 1.7%. Despite this positive outlook, earnings are set to increase by only 17% yearly—above the market average but not exceptional. The company recently reported a solid first quarter with net income rising from SEK 38.8 million to SEK 49.7 million year-over-year and increased its dividend payout from SEK 2.75 to SEK 3 per share.

OM:ABSO Discounted Cash Flow as at Jul 2024
OM:ABSO Discounted Cash Flow as at Jul 2024

Addnode Group

Overview: Addnode Group AB operates internationally, providing software and services tailored for design, construction, product data information, project collaboration, and facility management in regions including Sweden, Nordic countries, the US, the UK, and Germany; it has a market capitalization of approximately SEK 16.998 billion.