Cloetta And 2 Other Undiscovered Gems In Sweden To Watch
In This Article:
In recent weeks, global markets have experienced significant volatility, with small-cap indices like the Russell 2000 pulling back sharply. Amidst this turbulence, the Swedish market offers intriguing opportunities for investors seeking hidden gems. Identifying promising stocks in such a climate often involves looking beyond immediate market sentiment to find companies with solid fundamentals and growth potential. In this article, we explore Cloetta and two other undiscovered gems in Sweden that warrant attention.
Top 10 Undiscovered Gems With Strong Fundamentals In Sweden
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Bahnhof | NA | 9.47% | 15.07% | ★★★★★★ |
| Softronic | NA | 3.58% | 7.41% | ★★★★★★ |
| Duni | 29.33% | 10.78% | 22.98% | ★★★★★★ |
| AB Traction | NA | 5.38% | 5.19% | ★★★★★★ |
| Firefly | NA | 15.31% | 29.94% | ★★★★★★ |
| Creades | NA | -28.54% | -27.09% | ★★★★★★ |
| Linc | NA | 56.01% | 0.54% | ★★★★★★ |
| Rederiaktiebolaget Gotland | NA | -14.29% | 18.06% | ★★★★★★ |
| AQ Group | 7.30% | 14.89% | 22.26% | ★★★★★★ |
| Karnell Group | 44.29% | 22.04% | 39.45% | ★★★★★☆ |
We'll examine a selection from our screener results.
Cloetta
Simply Wall St Value Rating: ★★★★★☆
Overview: Cloetta AB (publ) operates as a confectionary company with a market cap of approximately SEK6.54 billion.
Operations: Cloetta AB (publ) generates revenue primarily from packaged branded goods (SEK6.24 billion) and candy not packed in small bags (SEK2.22 billion).
Cloetta's earnings growth of 29.8% over the past year outpaced the Food industry's 17.9%, highlighting its strong performance. The company reported Q2 sales of SEK 2,038 million and net income of SEK 82 million, up from SEK 73 million a year ago. With a net debt to equity ratio at a satisfactory 35.7%, Cloetta also traded at nearly 25% below our fair value estimate, presenting an attractive valuation opportunity in the market.
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Unlock comprehensive insights into our analysis of Cloetta stock in this health report.
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Gain insights into Cloetta's historical performance by reviewing our past performance report.
Rederiaktiebolaget Gotland
Simply Wall St Value Rating: ★★★★★★
Overview: Rederiaktiebolaget Gotland (publ), along with its subsidiaries, operates as a passenger and freight shipping company in Sweden, with a market cap of SEK5.56 billion.
Operations: Gotland generates revenue primarily from passenger and freight shipping services in Sweden. The company has a market cap of SEK5.56 billion.
Rederiaktiebolaget Gotland (Gotland) has shown significant progress, with earnings surging by 65.8% over the past year and outperforming the Shipping industry, which saw a -4.2% growth. The company reported first-quarter sales of SEK 384.9 million, up from SEK 362.9 million last year, and net income of SEK 37.2 million compared to a net loss of SEK 70 million previously. Notably debt-free now versus a debt-to-equity ratio of 44.4% five years ago, Gotland also trades at an attractive valuation—72.2% below its estimated fair value—indicating potential for future gains in this small-cap stock.