Finnish Capital Goods Undervalued over 20% based on DCF

Metso Oyj

Market Cap: €12.7b

Provides technologies, end-to-end solutions, and services for the aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India.

Konecranes

Market Cap: €6.5b

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

Hiab Oyj

Market Cap: €3.5b

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

Kalmar Oyj

Market Cap: €2.4b

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.

GRK Infra Oyj

Market Cap: €766.9m

Provides infrastructure construction services in Finland, Sweden, and Estonia.

Kempower Oyj

Market Cap: €645.9m

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.

Ponsse Oyj

Market Cap: €627.1m

Operates as manufacturer of cut-to-length forest machines in Nordic and Baltic countries, Central and Southern Europe, South America and North America, Asia, Australia, and Africa.

Relais Group Oyj

Market Cap: €274.7m

Operates as a consolidator and acquisition platform for the vehicle aftermarket in Finland, Sweden, Estonia, Norway, and internationally.

Kreate Group Oyj

Market Cap: €258.3m

Engages in the construction of infrastructure projects for private and public sector customers in Finland and Sweden.

Sitowise Group Oyj

Market Cap: €96.1m

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

Consti Oyj

Market Cap: €87.3m

Provides renovation contracting and technical building services in Finland.

Exel Composites Oyj

Market Cap: €83.7m

Manufactures and sells pultruded composite profiles and tubes in Europe, North America, the Asia-Pacific, and internationally.

LapWall Oyj

Market Cap: €61.7m

Designs, manufactures and sells wood-structured elements in Finland.

Componenta

Market Cap: €58.5m

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

Glaston Oyj Abp

Market Cap: €46.9m

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

Tulikivi

Market Cap: €32.5m

Manufactures and sells fireplaces, sauna heaters, and interior stone products in Finland, the United States, and rest of Europe.