Finnish Potentially Undervalued Companies

Qt Group Oyj

Market Cap: €1.2b

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

Kemira Oyj

Market Cap: €2.9b

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

Terveystalo Oyj

Market Cap: €1.3b

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

Huhtamäki Oyj

Market Cap: €3.1b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Olvi Oyj

Market Cap: €620.1m

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

Kalmar Oyj

Market Cap: €2.2b

Provides heavy material handling equipment and services for ports, terminals, distribution centres, manufacturing, and heavy logistics industries in the Americas, Europe, Asia, the Middle East, and Africa.

Aallon Group Oyj

Market Cap: €42.1m

Provides accounting services in Finland.

Rapala VMC

Market Cap: €46.3m

Operates as a fishing tackle company worldwide.

Tamtron Group Oyj

Market Cap: €40.7m

Provides advanced weighing solutions in Finland.

Tokmanni Group Oyj

Market Cap: €531.8m

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

Martela Oyj

Market Cap: €4.4m

Operates in the workplace industry in Finland, Sweden, Norway, and internationally.

Loihde Oyj

Market Cap: €65.1m

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

Teleste Oyj

Market Cap: €73.9m

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

Witted Megacorp Oyj

Market Cap: €21.7m

Operates as a software development company in Finland, Norway, and Sweden.

SSAB

Market Cap: €54.9b

Engages in the production and sale of steel products in Sweden, Finland, the Rest of Europe, the United States, and internationally.

Alexandria Group Oyj

Market Cap: €104.4m

Provides investment and saving solutions in Finland.

Raute Oyj

Market Cap: €83.5m

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: €296.9m

Operates as a cybersecurity company in Finland and internationally.

Panostaja Oyj

Market Cap: €21.0m

A private equity firm specializing in investments through corporate acquisitions, industry consolidations, buyout, growth capital and in small and medium-sized companies through acquisitions in sectors undergoing growth.

Metsä Board Oyj

Market Cap: €1.1b

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

Componenta

Market Cap: €40.7m

Provides cast iron components in Finland.

Glaston Oyj Abp

Market Cap: €47.1m

Manufactures and sells glass processing machines in Finland, Europe, the Middle East, Africa, the Americas, China, and rest of Asia Pacific.

Nurminen Logistics Oyj

Market Cap: €83.9m

Provides logistics services in Finland, Russia, Sweden, and Baltic countries.

Bilot Oyj

Market Cap: €23.2m

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

Pihlajalinna Oyj

Market Cap: €359.7m

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

Kesla Oyj

Market Cap: €10.4m

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

Atria Oyj

Market Cap: €366.7m

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

Honkarakenne Oyj

Market Cap: €14.1m

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

Vincit Oyj

Market Cap: €23.8m

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

YIT Oyj

Market Cap: €685.9m

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

Keskisuomalainen Oyj

Market Cap: €85.9m

Engages in publishing, printing, and distributing newspapers and magazines in Finland.

Siili Solutions Oyj

Market Cap: €39.3m

Provides information system development services in Finland and internationally.

HKFoods Oyj

Market Cap: €132.2m

Operates as a food company in Finland and Poland.

Tecnotree Oyj

Market Cap: €74.2m

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.

Titanium Oyj

Market Cap: €64.9m

Provides investment and asset management services in Finland.

Robit Oyj

Market Cap: €25.3m

Engages in the design, manufacture, and sale of drilling consumables for mining, quarrying, construction, and well drilling industries in Finland.