Finnish Potentially Undervalued Companies

Duell Oyj

Market Cap: €12.7m

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

Hiab Oyj

Market Cap: €2.8b

Provides smart and on road load-handling solutions and services in Finland.

Terveystalo Oyj

Market Cap: €1.2b

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

Kemira Oyj

Market Cap: €2.8b

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

Verkkokauppa.com Oyj

Market Cap: €155.0m

Operates as an online retailer in Finland.

Taaleri Oyj

Market Cap: €201.6m

A publicly owned asset management holding company.

Orthex Oyj

Market Cap: €82.8m

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

Dovre Group

Market Cap: €7.9m

Provides project management services worldwide.

Martela Oyj

Market Cap: €3.0m

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

Teleste Oyj

Market Cap: €67.2m

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

Aallon Group Oyj

Market Cap: €35.8m

Provides accounting services in Finland.

Apetit Oyj

Market Cap: €86.4m

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

Witted Megacorp Oyj

Market Cap: €20.4m

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

Tokmanni Group Oyj

Market Cap: €411.3m

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

Tamtron Group Oyj

Market Cap: €40.1m

Provides advanced weighing solutions in Finland.

Lemonsoft Oyj

Market Cap: €87.2m

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

Alexandria Group Oyj

Market Cap: €119.7m

Provides investment and savings insurance products in Finland.

Solwers Oyj

Market Cap: €19.7m

Provides design and project management services in Finland, Sweden, and Poland.

Sampo Oyj

Market Cap: €24.4b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

F-Secure Oyj

Market Cap: €276.0m

Operates as a cybersecurity company in Finland and internationally.

Componenta

Market Cap: €44.1m

Operates as a contract manufacturer of metal components in Finland, Sweden, Germany, European, and internationally.

Raute Oyj

Market Cap: €82.5m

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.

Bilot Oyj

Market Cap: €23.2m

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

Valmet Oyj

Market Cap: €4.9b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, Latin America, EMEA, China, and Asia-Pacific.

Pihlajalinna Oyj

Market Cap: €294.5m

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

Netum Group Oyj

Market Cap: €12.4m

Operates as an IT services company in Finland.

Kesla Oyj

Market Cap: €9.8m

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

Vincit Oyj

Market Cap: €20.9m

Provides service design and software development services in Finland, and internationally.

Honkarakenne Oyj

Market Cap: €14.5m

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

Exel Composites Oyj

Market Cap: €51.6m

Manufactures and sells composite profiles and tubes made with pultrusion, pull-winding, and continuous lamination processes in Europe, North America, the Asia Pacific, and internationally.

Atria Oyj

Market Cap: €499.2m

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

Qt Group Oyj

Market Cap: €509.3m

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

Talenom Oyj

Market Cap: €66.0m

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

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: €153.9m

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

Incap Oyj

Market Cap: €292.7m

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