Finnish Potentially Undervalued Companies

Qt Group Oyj

Market Cap: €788.7m

Offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America.

Duell Oyj

Market Cap: €14.9m

Engages in the wholesale, import, and distribution of powersports aftermarket products in Finland, Central Europe, and the Nordic countries.

Rapala VMC

Market Cap: €47.4m

Operates as a fishing tackle company worldwide.

Tokmanni Group Oyj

Market Cap: €464.2m

Operates as a variety discount retailer in Finland, Sweden, and Denmark.

Witted Megacorp Oyj

Market Cap: €22.4m

Together its subsidiaries, develops and sells software development solutions in Finland and internationally.

Teleste Oyj

Market Cap: €70.8m

Provides broadband, security, and information technologies and related services in Finland and internationally.

Aallon Group Oyj

Market Cap: €40.4m

Provides accounting services in Finland.

Loihde Oyj

Market Cap: €65.9m

Through its subsidiaries, provides digital development and security solutions in Finland.

Componenta

Market Cap: €43.5m

Provides cast iron components in Finland.

Raute Oyj

Market Cap: €87.4m

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.

F-Secure Oyj

Market Cap: €330.5m

Operates as a cybersecurity company in Finland and internationally.

Bilot Oyj

Market Cap: €23.2m

Bilot Oyj, a software and IT service company, provides digital services and solutions in Finland.

Kesla Oyj

Market Cap: €10.0m

Develops machinery, technology, and services for customers in the forest and other industries in Finland.

Valmet Oyj

Market Cap: €5.5b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, South America, China, Europe, the Middle East, Africa, and the Asia Pacific.

Vincit Oyj

Market Cap: €21.8m

Provides service design and software development services in Finland, Poland, Portugal, Sweden, and the United States.

Atria Oyj

Market Cap: €464.0m

Produces and markets meat and food products in Finland, Sweden, Denmark, Estonia, and Russia.

Pihlajalinna Oyj

Market Cap: €323.7m

Provides social, healthcare, and wellbeing services to private persons, companies, insurance companies, and public sector entities in Finland.

Honkarakenne Oyj

Market Cap: €16.8m

Designs, manufactures, and sells log and solid-wood house packages in Finland.

Netum Group Oyj

Market Cap: €13.8m

Operates as an IT services company in Finland.

Tecnotree Oyj

Market Cap: €67.4m

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.

HKFoods Oyj

Market Cap: €142.5m

Operates as a food company in Finland and Poland.

Talenom Oyj

Market Cap: €128.2m

Provides accounting and other services for small and medium-sized enterprises in Finland, Sweden, Spain, and Italy.

YIT Oyj

Market Cap: €767.1m

Provides construction services in Finland, the Czech Republic, Slovakia, Poland, and internationally.

Telefonaktiebolaget LM Ericsson

Market Cap: €285.9b

Provides mobile connectivity solutions to communications service providers, enterprises, and the public sector.

Outokumpu Oyj

Market Cap: €2.3b

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

Detection Technology Oyj

Market Cap: €164.1m

Engages in the provision of X-ray detector solutions for industrial, medical, and security applications in Finland and internationally.

Incap Oyj

Market Cap: €296.8m

Provides electronics manufacturing services in Europe, North America, and Asia.

Keskisuomalainen Oyj

Market Cap: €105.4m

Engages in publishing, printing, and distributing newspapers and electronic communications in Finland.

Lamor Corporation Oyj

Market Cap: €35.0m

Provides environmental solutions and technologies worldwide.

Scanfil Oyj

Market Cap: €660.9m

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

Digia Oyj

Market Cap: €169.8m

Operates as a software and service company in Finland, Sweden, and internationally.

Olvi Oyj

Market Cap: €696.7m

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

KH Group Oyj

Market Cap: €26.8m

A conglomerate, engages in the supply and rental of construction and earth-moving equipment in Finland, Sweden, and internationally.

Terveystalo Oyj

Market Cap: €1.3b

Provides occupational healthcare services in Finland, Sweden, and Estonia.

Kemira Oyj

Market Cap: €3.0b

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

Rebl Group Oyj

Market Cap: €13.1m

Primarily engages in printing and designing of magazines and newspapers business in Finland.