In This Article:
As global markets grapple with economic uncertainties, the Swedish market has shown resilience, particularly in its small-cap segment. Despite broader market volatility, Sweden's unique economic landscape offers promising opportunities for investors seeking undiscovered gems. In this context, identifying stocks with strong fundamentals and growth potential becomes crucial. Momentum Group and two other lesser-known Swedish companies exemplify such opportunities amidst current market conditions.
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% | ★★★★★★ |
| AB Traction | NA | 5.38% | 5.19% | ★★★★★★ |
| Firefly | NA | 16.04% | 32.29% | ★★★★★★ |
| AQ Group | 7.30% | 14.89% | 22.26% | ★★★★★★ |
| Creades | NA | -28.54% | -27.09% | ★★★★★★ |
| Byggmästare Anders J Ahlström Holding | NA | 30.31% | -9.00% | ★★★★★★ |
| Linc | NA | 56.01% | 0.54% | ★★★★★★ |
| Solid Försäkringsaktiebolag | NA | 7.64% | 28.44% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Momentum Group
Simply Wall St Value Rating: ★★★★★☆
Overview: Momentum Group AB (publ) supplies industrial components, industrial services, and related services to the industrial sector with a market cap of SEK9.22 billion.
Operations: Momentum Group AB (publ) generates revenue primarily from industrial components and services, with a significant segment adjustment of SEK2.70 billion.
Momentum Group has shown impressive earnings growth of 13.3% over the past year, outpacing the Trade Distributors industry’s 1.3%. The company's net debt to equity ratio stands at a high 54.7%, but interest payments are well covered by EBIT with a coverage of 9x. Recent financial results for Q2 2024 revealed sales of SEK 773 million and net income of SEK 53 million, up from SEK 549 million and SEK 44 million respectively in the same period last year.
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Delve into the full analysis health report here for a deeper understanding of Momentum Group.
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Understand Momentum Group's track record by examining our Past report.
Ratos
Simply Wall St Value Rating: ★★★★☆☆
Overview: Ratos AB (publ) is a private equity firm that focuses on buyouts, turnarounds, add-on acquisitions, and middle market transactions with a market cap of approximately SEK11.19 billion.
Operations: Ratos generates revenue primarily from three segments: Consumer (SEK5.65 billion), Industry (SEK10.47 billion), and Construction & Services (SEK16.77 billion). The net profit margin for the company is a key metric to consider in evaluating its financial performance.