Finnish Materials Healthy potentially undervalued

Outokumpu Oyj

Market Cap: €2.4b

Produces and sells various stainless steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Kemira Oyj

Market Cap: €3.1b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Metsä Board Oyj

Market Cap: €1.2b

Engages in the folding boxboard, fresh fibre linerboard, and market pulp businesses in Finland and internationally.