In this fundamental analysis, analysts Axel Carlius and Erik Lennvald take a closer look at NOTE AB. NOTE is a Nordic electronics manufacturing services (EMS) provider transitioning from a cyclical, industrially-focused contract manufacturer into a key Nordic defense subcontractor with structurally higher margins.
In this fundamental analysis report, analysts William Wastenson and Neo Fuchs take a closer look at ChemoMetec, a Danish medtech company supplying cell counting instruments to pharmaceutical
and biotech companies. The share price has declined approximately 50% following a temporary US government shutdown and two subsequent guidance reductions, yet the recurring revenue base continued growing throughout.
In this fundamental analysis report, analysts Theodor Hedvall and Olle Fransson take a closer look at Puuilo, a Finnish discount retailer focused on DIY products, consumables and household goods. Despite structurally stronger profitability than Nordic retail peers, the Company trades at 13.9x EV/EBIT on 2028E estimates, below its historical average of 16.5x, which the analysts believe underestimates Puuilo’s long-term growth runway and margin potential.
In this fundamental analysis report, analysts Esther Wärnsby and Gal Teyar take a closer look at SinterCast, a Swedish industrial technology company and the world’s leading supplier of high-volume Compacted Graphite Iron (CGI) process control systems. An equally weighted DCF and peer valuation yields a SEK 132 target price, corresponding to 26.5% upside.
In this fundamental analysis report, analysts Isak Andersson and Viktor Komarek take a closer look at CTT Systems, a Swedish aerospace technology company developing and supplying active humidity control systems for commercial aircraft. Despite strong underlying demand, the CTT share price has been heavily pressured by distributor inventory effects, foreign exchange headwinds, institutional outflows, and broader concerns surrounding the aerospace industry.
In this fundamental analysis report, analysts William Sjögren and Jakob Lewrén take a closer look at I-tech. The market has punished the company over exaggerated regulatory risks whilst underlying fundamentals and outlook remain strong.
An equally weighted DCF and relative valuation, where a 2027E EV/EBIT of 12x is applied, corresponds to an upside of 37.7%.
In this fundamental analysis report, analysts Linus Melin and Vilhelm Ruhr provide an in-depth analysis of Safeture, a Swedish SaaS microcap operating within people risk management. After a period of stagnant growth driven by prolonged sales lead times and a weak European market, Safeture is positioned for a comeback.
In this fundamental analysis, analysts Dennis Drevell Smith and Anna-Brita Hunter Nilsson examine Paxman AB, a UK based MedTech company operating a de facto monopoly in mechanical scalp cooling. An equally weighted DCF and relative valuation imply a potential upside of 58%, making Paxman a compelling buy opportunity.
In this fundamental analysis report, analysts Måns Rössberger and Emma Rosberg take a closer look at Careium AB, a Swedish provider of telecare solutions for seniors. Despite market concerns related to management changes and prior deficiencies in financial communication, Careium is positioned to benefit from a structurally growing market driven by aging demographics, with revenue projected to grow at a 4.0% CAGR through 2027.
In this fundamental analysis report, analysts James Göthman and Fredrik Ramel analyse Envipco Holding, a Norwegian producer of reverse vending machines (RVMs) for recycling bottles, managing the full value chain including service and maintenance.
