Three Hidden Swedish Stocks With Strong Potential
In This Article:
The Swedish stock market, like many global markets, has faced headwinds recently due to economic uncertainties and a cooling labor market. Despite these challenges, opportunities still exist for discerning investors willing to explore beyond the well-trodden paths. In this article, we will highlight three lesser-known Swedish stocks that exhibit strong potential based on their innovative approaches and resilience in the current economic climate.
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% | ★★★★★☆ |
Here we highlight a subset of our preferred stocks from the screener.
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 SEK3.42 billion.
Operations: CTT Systems AB (publ) generates revenue primarily from the Aerospace & Defense segment, amounting to SEK317.70 million. The company’s net profit margin stands at 12.5%.
CTT Systems, a notable player in the Aerospace & Defense sector, has seen earnings grow 6.5% annually over the past five years. The company’s debt to equity ratio slightly increased from 16.8 to 17.1 over the same period, but it maintains more cash than total debt and trades at 45.5% below estimated fair value. Recent Q2 results showed sales of SEK 83 million and net income of SEK 24 million, with promising future orders for humidifiers on A350s and Boeing 777Xs from multiple airlines.
-
Click here and access our complete health analysis report to understand the dynamics of CTT Systems.
-
Understand CTT Systems' track record by examining our Past report.
Scandi Standard
Simply Wall St Value Rating: ★★★★☆☆
Overview: Scandi Standard AB (publ) produces and sells chilled, frozen, and ready-to-eat chicken products across various countries including Sweden, Norway, Ireland, Denmark, Finland, Germany, the United Kingdom, and internationally with a market cap of SEK5.28 billion.
Operations: Scandi Standard AB (publ) generates revenue primarily from its Ready-To-Cook segment (SEK9.70 billion) and its Ready-To-Eat segment (SEK2.61 billion).