As the pan-European STOXX Europe 600 Index remains relatively flat, with mixed returns across major stock indexes, investors are closely monitoring economic indicators such as the eurozone's inflation reaching the ECB's target and a steady labor market. In this environment, small-cap stocks in Europe present intriguing opportunities for those seeking value, particularly when insider buying signals potential confidence in these companies' future prospects.

Top 10 Undervalued Small Caps With Insider Buying In Europe

Name PE PS Discount to Fair Value Value Rating Kitwave Group 13.5x 0.3x 43.72% ★★★★★☆ Instabank 10.1x 2.9x 25.12% ★★★★★☆ A.G. BARR 18.9x 1.8x 47.88% ★★★★☆☆ Seeing Machines NA 2.9x 43.83% ★★★★☆☆ Italmobiliare 12.4x 1.6x -232.98% ★★★☆☆☆ NOTE 20.2x 1.3x -12.13% ★★★☆☆☆ Absolent Air Care Group 25.7x 2.0x 44.38% ★★★☆☆☆ Oxford Instruments 44.7x 2.3x 6.90% ★★★☆☆☆ CVS Group 44.9x 1.3x 38.83% ★★★☆☆☆ Karnov Group 221.5x 4.7x 32.58% ★★★☆☆☆

Click here to see the full list of 63 stocks from our Undervalued European Small Caps With Insider Buying screener.

Here we highlight a subset of our preferred stocks from the screener.

Europris

Simply Wall St Value Rating: ★★★☆☆☆

Overview: Europris operates a chain of discount retail variety stores in Norway, with a focus on providing a wide range of products at competitive prices, and has a market capitalization of approximately NOK 11.33 billion.

Operations: The company generates revenue primarily through its retail variety stores, with a recent reported revenue of NOK 13.66 billion. The cost of goods sold (COGS) significantly impacts the gross profit, which was NOK 5.57 billion, resulting in a gross profit margin of 40.78%. Operating expenses, including general and administrative costs and depreciation & amortization, further influence profitability levels.

PE: 20.2x

Europris, a discount variety retailer, is expanding its footprint with five new stores in 2025, now operating 287 locations across Norway. Despite a dip in profit margins from 9.2% to 5.2%, earnings are projected to grow by over 20% annually. Insider confidence is evident as Jon Klafstad acquired shares worth approximately NOK300,000 this year. With a focus on physical retail and online channels, Europris continues its strategic growth trajectory amid higher-risk funding through external borrowing only.

Click to explore a detailed breakdown of our findings in Europris' valuation report. Explore historical data to track Europris' performance over time in our Past section.OB:EPR Share price vs Value as at Jul 2025

Absolent Air Care Group

Simply Wall St Value Rating: ★★★☆☆☆

Overview: Absolent Air Care Group specializes in providing air filtration solutions for industrial and commercial kitchen environments, with a market capitalization of SEK 2.43 billion.



Operations: Absolent Air Care Group generates revenue primarily from its Industrial and Commercial Kitchen segments, with the Industrial segment contributing significantly more. The gross profit margin has shown variability, reaching 44.10% in recent periods. Operating expenses are a substantial part of the cost structure, with significant allocations to sales and marketing as well as general and administrative expenses.

PE: 25.7x

Absolent Air Care Group, a European company in the air filtration industry, recently reported first-quarter sales of SEK 312.76 million, down from SEK 357.6 million the previous year. Net income also decreased to SEK 12.85 million from SEK 49.7 million a year ago, with basic earnings per share dropping to SEK 1.14 from SEK 4.39. Despite these declines, insider confidence is evident as they have been purchasing shares consistently over the past six months, signaling potential future growth as earnings are projected to increase by over 30% annually. The company's decision to raise its annual dividend to SEK 3.25 per share reflects a commitment to returning value to shareholders amidst challenging financial conditions due primarily to reliance on external borrowing for funding needs rather than customer deposits.

Get an in-depth perspective on Absolent Air Care Group's performance by reading our valuation report here. Gain insights into Absolent Air Care Group's historical performance by reviewing our past performance report.OM:ABSO Share price vs Value as at Jul 2025

NCC

Simply Wall St Value Rating: ★★★★★☆

Overview: NCC is a construction and property development company with operations across various segments, including industry, infrastructure, building in Sweden and the Nordics, and property development, with a market capitalization of approximately SEK 17.92 billion.

Operations: The company generates revenue primarily from its segments: Industry, Infrastructure, Building Sweden, Building Nordics, and Property Development. Gross profit margin has shown fluctuations over the years with a notable decline to 3.49% in September 2018 before recovering to 8.57% by March 2025. Operating expenses are consistently a significant component of the cost structure, impacting profitability alongside non-operating expenses.

PE: 11.5x

NCC, a European construction firm, has been actively expanding its project portfolio with significant contracts across Sweden and beyond. Recent commissions include a SEK 300 million project for the Swedish Fortifications Agency and a SEK 440 million police station in Ornskoldsvik. The company is also involved in eco-friendly initiatives like SSAB's emission-free steel mill. Despite these ventures, NCC faces financial challenges with reported losses in Q1 2025. Insider confidence is evident as key individuals have increased their shareholdings recently, signaling potential optimism about future growth prospects despite reliance on external borrowing for funding.

Dive into the specifics of NCC here with our thorough valuation report. Gain insights into NCC's past trends and performance with our Past report.OM:NCC B Share price vs Value as at Jul 2025

Summing It All Up

Click through to start exploring the rest of the 60 Undervalued European Small Caps With Insider Buying now. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Seeking Other Investments?

Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include OB:EPR OM:ABSO and OM:NCC B.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]