Absolent Air Care Group And 2 Other Stocks On The Swedish Exchange Possibly Undervalued
In This Article:
The Swedish stock market has recently experienced volatility, influenced by broader economic concerns and global market trends. Amidst this turbulence, certain stocks may present undervalued opportunities for discerning investors. Identifying potentially undervalued stocks often involves looking at companies with strong fundamentals that are temporarily out of favor or overlooked by the market. In the current climate, where economic data has driven uncertainty, such opportunities can be particularly compelling for those seeking value investments.
Top 10 Undervalued Stocks Based On Cash Flows In Sweden
| Name | Current Price | Fair Value (Est) | Discount (Est) |
| Sleep Cycle (OM:SLEEP) | SEK41.20 | SEK80.59 | 48.9% |
| Scandi Standard (OM:SCST) | SEK81.00 | SEK161.97 | 50% |
| Nil?rngruppen (OM:NIL B) | SEK71.00 | SEK138.02 | 48.6% |
| Stille (OM:STIL) | SEK236.00 | SEK446.00 | 47.1% |
| Litium (OM:LITI) | SEK8.50 | SEK16.57 | 48.7% |
| Dometic Group (OM:DOM) | SEK69.85 | SEK133.44 | 47.7% |
| Flexion Mobile (OM:FLEXM) | SEK9.24 | SEK18.03 | 48.7% |
| Humble Group (OM:HUMBLE) | SEK9.255 | SEK18.50 | 50% |
| Ferronordic (OM:FNM) | SEK78.80 | SEK157.28 | 49.9% |
| W?stbygg Gruppen (OM:WBGR B) | SEK52.20 | SEK99.37 | 47.5% |
Let's take a closer look at a couple of our picks from the screened companies.
Absolent Air Care Group
Overview: Absolent Air Care Group AB (publ) designs, develops, sells, installs, and maintains air filtration units and has a market cap of SEK3.74 billion.
Operations: Absolent Air Care Group generates revenue primarily from its Industrial segment (SEK1.14 billion) and Commercial Kitchen segment (SEK281.66 million).
Estimated Discount To Fair Value: 36.7%
Absolent Air Care Group appears undervalued, trading at SEK 330, significantly below its estimated fair value of SEK 520.93. Despite recent executive changes and a slight dip in quarterly net income to SEK 40.35 million from SEK 45.66 million, the company's revenue is forecasted to grow faster than the Swedish market at 10% per year. Additionally, earnings are expected to rise by 18.8% annually with a high projected return on equity of 20.4%.
Catella
Overview: Catella AB (publ) is a real estate investment firm with a market cap of SEK2.69 billion.
Operations: Catella AB (publ) generates revenue through three main segments: Corporate Finance (SEK433 million), Investment Management (SEK1.13 billion), and Principal Investments (SEK723 million).