Finnish Undervalued Stocks Based On Cash Flows

QPR Software Oyj

Market Cap: €16.1m

Provides services and software tools for developing business processes and enterprise architecture in Finland, rest of Europe, Russia, Turkey, and internationally.

Qt Group Oyj

Market Cap: €1.5b

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

Honkarakenne Oyj

Market Cap: €16.7m

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

Exel Composites Oyj

Market Cap: €40.2m

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.

F-Secure Oyj

Market Cap: €334.7m

Operates as a cybersecurity company in Finland and internationally.

Orthex Oyj

Market Cap: €80.1m

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

Sitowise Group Oyj

Market Cap: €91.4m

Provides buildings, infrastructure, and digital solutions in Finland, Sweden, and internationally.

Fodelia Oyj

Market Cap: €54.9m

Operates as a food company in Finland.

Digital Workforce Services Oyj

Market Cap: €37.6m

Provides business process automation services and technology solutions in Finland, Sweden, Norway, Denmark, Poland, rest of the European Union, and internationally.

Talenom Oyj

Market Cap: €185.3m

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

Componenta

Market Cap: €38.9m

Provides cast iron components in Finland.

Gofore Oyj

Market Cap: €274.2m

Provides digital transformation consultancy services for private and public sectors in Finland and internationally.

Robit Oyj

Market Cap: €27.6m

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

Kesla Oyj

Market Cap: €10.7m

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

Nexstim

Market Cap: €102.4m

A medical technology company, engages in the development of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally.

Endomines Finland Oyj

Market Cap: €299.7m

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

Harvia Oyj

Market Cap: €925.2m

Operates in the sauna industry.

Revenio Group Oyj

Market Cap: €747.6m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, the United States, and internationally.

Admicom Oyj

Market Cap: €260.9m

Engages in the cloud-based software and business process automation solutions in Finland.

Verkkokauppa.com Oyj

Market Cap: €120.9m

Operates as an online retailer in Finland.

Neste Oyj

Market Cap: €9.6b

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

Loihde Oyj

Market Cap: €65.6m

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

Kempower Oyj

Market Cap: €721.0m

Manufactures and sells electric vehicle (EV) charging equipment and solutions for cars, buses, trucks, boats, aviation, and machinery in Nordics, rest of Europe, North America, and internationally.