Finnish Potentially Undervalued Small Caps

Duell Oyj

Market Cap: €11.1m

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

Dovre Group

Market Cap: €7.9m

Provides project management services worldwide.

Aallon Group Oyj

Market Cap: €34.7m

Provides accounting services in Finland.

Witted Megacorp Oyj

Market Cap: €21.0m

Develops and sells software development solutions in Finland and internationally.

Panostaja Oyj

Market Cap: €16.8m

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.

Componenta

Market Cap: €44.3m

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

Bilot Oyj

Market Cap: €23.2m

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

Exel Composites Oyj

Market Cap: €52.9m

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

Netum Group Oyj

Market Cap: €13.8m

Operates as an IT services company in Finland.

Vincit Oyj

Market Cap: €20.6m

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

Lamor Corporation Oyj

Market Cap: €27.2m

Provides environmental solutions and technologies worldwide.

LeadDesk Oyj

Market Cap: €23.9m

Provides provides cloud-based contact center for sales outreach and customer service in Finland.

Robit Oyj

Market Cap: €20.1m

Provides drilling consumables for surface mining, construction, geotechnical, and well drilling industries in Finland and internationally.

Rebl Group Oyj

Market Cap: €14.4m

Primarily engages in printing and designing of magazines and newspapers business in Finland.

Eezy Oyj

Market Cap: €3.2m

Engages in the provision of staffing, professional, and light entrepreneurship services in Finland.

Wetteri Oyj

Market Cap: €27.2m

Operates a car dealership business in Finland.

EcoUp Oyj

Market Cap: €10.4m

Develops, manufactures, and sells construction products and raw materials in Finland, EU Countries, and internationally.

Trainers' House Oyj

Market Cap: €6.0m

Provides coaching and other services in Finland and rest of Europe.

Elecster Oyj

Market Cap: €10.1m

Engages in the engineering, manufacturing, and supply of dairy machinery and packaging material in Finland, Europe, Asia, Africa, and internationally.

Easor Oyj

Market Cap: €30.8m

Through its subsidiaries, provides financial management SaaS Solutions in Finland, Sweden, Spain and Italy.

Biohit Oyj

Market Cap: €33.9m

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.

Toivo Group Oyj

Market Cap: €54.1m

Operates as a real estate company.

Boreo Oyj

Market Cap: €47.6m

Owns, acquires, and develops small and medium-sized companies in Finland, Sweden, the Baltic countries, and internationally.

Piippo Oyj

Market Cap: €2.3m

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

Administer Oyj

Market Cap: €34.4m

Operates as salary outsourcing partner in Finland and internationally.