Finnish Potentially Undervalued Companies

Biohit Oyj

Market Cap: €43.7m

A biotechnology company, manufactures and sells bind acetaldehyde, diagnostic products, and systems for diagnostic analysis for the use of research institutions, healthcare, and industry worldwide.

LapWall Oyj

Market Cap: €61.4m

Manufactures and sells wooden elements for use in the construction of buildings in Finland.

Terveystalo Oyj

Market Cap: €1.5b

Provides occupational healthcare services in Finland and internationally.

Sotkamo Silver

Market Cap: €325.6m

A mining and ore prospecting company, develops and utilizes mineral deposits in the Kainuu region in Finland.

Piippo Oyj

Market Cap: €1.9m

Develops, manufactures, and sells baling net wraps and baling twines for farmers in Finland.

Alma Media Oyj

Market Cap: €1.0b

A media company, focuses on digital services and journalistic media content in Finland and the rest of Europe.

Nordea Bank Abp

Market Cap: €42.4b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

KH Group Oyj

Market Cap: €32.1m

A conglomerate, operates in B2B products and services, and consumer trade sectors.

Optomed Oyj

Market Cap: €75.6m

Manufactures and sells handheld fundus cameras in Finland, Europe, and internationally.

Lehto Group Oyj

Market Cap: €2.8m

Lehto Group Oyj, together with its subsidiaries, engages in the construction and real estate business in Finland.

Raute Oyj

Market Cap: €55.7m

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

Sotkamo Silver

Market Cap: €112.2m

A mining and ore prospecting company, develops and utilizes mineral deposits in the Kainuu region in Finland.

SRV Yhtiöt Oyj

Market Cap: €95.4m

A construction company, engages in the development, construction, and commercialization of various projects in Finland, Russia, and Estonia.

Rush Factory Oyj

Market Cap: €1.6m

An event organizer, develops and implements sports and experience event tours in Europe.

Administer Oyj

Market Cap: €32.7m

Provides digital financial management services in Finland and international.

Konecranes

Market Cap: €5.7b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, the Asia-Pacific, and internationally.

Suominen Oyj

Market Cap: €116.6m

Manufactures and sells nonwovens as roll goods for wipes and other applications in Finland, the Americas, the rest of Europe, and internationally.

Verkkokauppa.com Oyj

Market Cap: €96.9m

Operates as an online retailer in Finland.

Orthex Oyj

Market Cap: €92.0m

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

Revenio Group Oyj

Market Cap: €681.9m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, rest of Europe, North America, and internationally.

Solwers Oyj

Market Cap: €24.2m

Provides design and project management services in Finland and Sweden.

Sampo Oyj

Market Cap: €23.6b

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

Componenta

Market Cap: €44.0m

Provides cast iron components in Finland.

Raute Oyj

Market Cap: €99.2m

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

Pallas Air Oyj

Market Cap: €2.5m

Produces and sells indoor air ventilation duct cleaning equipment and air filtration solutions.

Orion Oyj

Market Cap: €7.9b

Develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) in Finland, Scandinavia, rest of Europe, North America, and internationally.

Glaston Oyj Abp

Market Cap: €61.0m

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

Orion Oyj

Market Cap: €7.9b

Develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) in Finland, Scandinavia, rest of Europe, North America, and internationally.

Kesla Oyj

Market Cap: €15.3m

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

Asuntosalkku Oyj

Market Cap: €73.0m

Asuntosalkku Oyj is Real estate investment firm and operates as a rental housing investment company.

Norrhydro Group Oyj

Market Cap: €14.6m

Develops, manufactures, and sells hydraulic cylinders and linear motion control systems in the Nordic countries.

Neste Oyj

Market Cap: €6.8b

Provides renewable diesel and sustainable aviation fuel in Finland, other Nordic countries, Baltic Rim, other European countries, the United States, and internationally.

Fortum Oyj

Market Cap: €13.7b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Endomines Finland Oyj

Market Cap: €175.4m

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

SSH Communications Security Oyj

Market Cap: €45.9m

Provides cybersecurity solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Kesko Oyj

Market Cap: €7.4b

Engages in the chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Denmark, and Poland.