Sweden's Hidden Treasures AQ Group And 2 Small Caps With Strong Fundamentals
In This Article:
Amidst the current volatility in global markets and mixed economic signals, small-cap stocks in Sweden have shown resilience, making them an intriguing focus for investors. In this article, we explore three such hidden treasures with strong fundamentals: AQ Group and two other promising small caps.
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% | ★★★★★★ |
| Solid F?rs?kringsaktiebolag | NA | 7.64% | 28.44% | ★★★★☆☆ |
Let's explore several standout options from the results in the screener.
AQ Group
Simply Wall St Value Rating: ★★★★★★
Overview: AQ Group AB (publ) manufactures and sells components and systems for industrial customers in Sweden, other European countries, and internationally, with a market cap of SEK12.58 billion.
Operations: AQ Group AB (publ) generates revenue primarily from its Component segment, which accounts for SEK7.87 billion, and the System segment, contributing SEK1.78 billion.
AQ Group has demonstrated robust financial health with a debt-to-equity ratio reduced from 36.3% to 7.3% over five years and interest payments covered by EBIT at 32.1x. The company’s earnings grew by 19.3%, outpacing the Electrical industry’s -14.9%. Recent results show net income of SEK 180 million for Q2, up from SEK 170 million last year, with basic EPS rising to SEK 1.97 from SEK 1.86, indicating solid profitability and growth potential in the Swedish market.
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Click to explore a detailed breakdown of our findings in AQ Group's health report.
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Examine AQ Group's past performance report to understand how it has performed in the past.
Betsson
Simply Wall St Value Rating: ★★★★★★
Overview: Betsson AB (publ) operates and manages online gaming businesses internationally, with a market cap of approximately SEK17.54 billion.
Operations: Revenue for Betsson AB (publ) primarily comes from its Casinos & Resorts segment, which generated €1.01 billion. The company operates across various regions including the Nordic countries, Latin America, and Europe.
Betsson's recent performance highlights its potential as an undiscovered gem in Sweden. The company reported Q2 sales of €271.5M, up from €236.8M last year, although net income dropped to €45.5M from €50.2M. Betsson's debt to equity ratio improved over five years, now at 21.7%. Additionally, the group secured new licenses in Peru for online casino and sports betting under Betsson and Betsafe brands, expanding its market reach significantly.