Finnish Undiscovered Gems With Strong Fundamentals

Viking Line Abp

Market Cap: €359.4m

Provides passenger and cargo carrier services.

Ålandsbanken Abp

Market Cap: €761.5m

Operates as a commercial bank for private individuals and companies in Finland and Sweden.

Alexandria Group Oyj

Market Cap: €111.4m

Provides investment and savings insurance products in Finland.

Apetit Oyj

Market Cap: €90.6m

Manufactures and sells plant-based food products in Finland, Norway, Sweden, and internationally.

HKFoods Oyj

Market Cap: €171.6m

Operates as a food company in Finland and Poland.

Tecnotree Oyj

Market Cap: €123.6m

Provides telecommunication IT solutions for charging, billing, customer care, and messaging and content services in Europe, the Americas, the Middle East, Africa, and the Asia Pacific.

Evli Oyj

Market Cap: €622.4m

Operates as an asset manager serving corporate, institutional, and private clients in Finland, Sweden, and internationally.

Kreate Group Oyj

Market Cap: €143.2m

Engages in the construction of infrastructure projects for private and public sector customers in Finland and Sweden.

United Bankers Oyj

Market Cap: €204.9m

Provides investment products and services in Finland and Sweden.

Lemonsoft Oyj

Market Cap: €88.3m

A software company, designs, develops, and delivers enterprise resource planning software solutions in Finland and internationally.

Raute Oyj

Market Cap: €92.2m

Operates as a technology and service company that serves the wood products industry in Europe, Africa, Finland, North America, South America, Russia, and the Asia-Pacific.

Ponsse Oyj

Market Cap: €669.1m

Operates as manufacturer of cut-to-length forest machines in Nordic and Baltic countries, Central and Southern Europe, South America and North America, Asia, Australia, and Africa.

Olvi Oyj

Market Cap: €702.4m

A beverage company, produces and sells alcoholic and non-alcoholic beverages in Finland, Estonia, Latvia, Lithuania, Denmark, and Belarus.

Aspo Oyj

Market Cap: €203.7m

Provides shipping services in Finland, Scandinavia, the Baltic countries, other European countries, and internationally.

Koskisen Oyj

Market Cap: €226.5m

Operates in wood industry in Finland, Japan, Germany, Poland, other European countries, and internationally.

SRV Yhtiöt Oyj

Market Cap: €88.9m

Operates as a project management contractor company in Finland.

Raisio

Market Cap: €441.4m

Produces and sells food and food ingredients in Spanish market, Finland, the United Kingdom, Ireland, Belgium, and the Netherlands.

Endomines Finland Oyj

Market Cap: €342.2m

Engages in the mining and exploration of gold deposits in Finland and the United States.

Scanfil Oyj

Market Cap: €780.1m

Operates as a contract manufacturer and system supplier for the electronics industry worldwide.

Bittium Oyj

Market Cap: €1.3b

Provides solutions for communications and connectivity, healthcare technology products and services, and biosignal measuring and monitoring in Finland, Germany, and the United States.

Verkkokauppa.com Oyj

Market Cap: €153.9m

Operates as an online retailer in Finland.

GRK Infra Oyj

Market Cap: €522.8m

Provides infrastructure construction services in Finland, Sweden, and Estonia.

Orthex Oyj

Market Cap: €87.2m

A houseware company, designs, produces, markets, and sells household products in Nordics, the rest of Europe, and internationally.