Estonia Potentially Undervalued Companies

AS LHV Group

Market Cap: €1.2b

Provides various banking products and services to private and business customers in Estonia and United Kingdom.

AS Ekspress Grupp

Market Cap: €38.1m

Provides digital content and advertising solutions in the Estonia, Lithuania, Latvia, Rest of Europe, and internationally.

AS Tallinna Sadam

Market Cap: €357.2m

Provides port services in the Republic of Estonia, Canada, and Great Britain.

TKM Grupp

Market Cap: €399.1m

Owns and operates supermarkets and department stores primarily in Estonia, Latvia, and Lithuania.

Hepsor

Market Cap: €25.3m

Engages in the real estate development business in Estonia, Latvia, and Canada.

TextMagic

Market Cap: €15.6m

Through its subsidiaries, development and management of software products in the United States, the United Kingdom, Australia, Canada, the European Union, and internationally.

Coop Pank

Market Cap: €217.2m

Provides banking and financing solutions to private and corporate clients in Estonia.

AS Tallinna Vesi

Market Cap: €222.0m

A water utility company, provides drinking water and wastewater services in Estonia.