Undervalued Stocks in Finland (October 2026)
ATLAS compares every company's price with its estimated fair value. Of 89 listed companies in Finland, 23 trade between 10% and 70% below that estimate, with medium or high confidence in it and positive earnings. The median gap among them is 28% below fair value. Here are the 25 with the widest gap.
Data as of Oct 30, 2026. Prices and ratios are the latest stored close; this page refreshes at least every 6 hours.
| # | Company | Price | Below fair value |
|---|---|---|---|
| 1 | TTALO.HETerveystalo Oy | €6.01 | 50% |
| 2 | HUH1V.HEHuhtamaki | €25.78 | 45% |
| 3 | TIETO.HETietoEVRY | €18.65 | 43% |
| 4 | ENENTO.HEEnento | €15.92 | 39% |
| 5 | REG1V.HERevenio | €10.40 | 38% |
| 6 | OLVAS.HEOlvi Oyj A | €27.20 | 34% |
| 7 | VALMT.HEValmet | €29.46 | 34% |
| 8 | MEKKO.HEMarimekko | €9.11 | 33% |
| 9 | ATRAV.HEAtria Oyj A | €15.68 | 32% |
| 10 | KREATE.HEKreate | €27.80 | 30% |
| 11 | KALMAR.HEKalmar | €36.60 | 28% |
| 12 | POSTI.HEPosti | €12.40 | 28% |
| 13 | ALMA.HEAlma Media | €13.70 | 25% |
| 14 | SCANFL.HEScanfil | €12.24 | 21% |
| 15 | STERV.HEStora Enso Oyj R | €9.75 | 18% |
| 16 | KESKOB.HEKesko | €25.34 | 17% |
| 17 | RAIVV.HERaisio Oyj Vaihto-osake | €2.22 | 16% |
| 18 | EVLI.HEEvli Pankki | €22.40 | 16% |
| 19 | VAIAS.HEVaisala Oyj A | €65.70 | 14% |
| 20 | EQV1V.HEeQ | €8.06 | 12% |
| 21 | UPM.HEUPM-Kymmene | €22.92 | 11% |
| 22 | KEMIRA.HEKemira | €15.18 | 11% |
| 23 | NDA-FI.HENordea Bank | €16.03 | 11% |
Fair value gap: a negative number means the price is below ATLAS fair value. "Chance up" is the probability of a higher close in 21 trading sessions (about a month) in ATLAS's calibrated model.
The top 10 in a sentence
- Terveystalo Oy (TTALO.HE) trades 50% below ATLAS fair value, at a P/E of 13.2. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 52% chance of closing higher in a month.
- Huhtamaki (HUH1V.HE) trades 45% below ATLAS fair value, at a P/E of 13.7. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 53% chance of closing higher in a month.
- TietoEVRY (TIETO.HE) trades 43% below ATLAS fair value, at a P/E of 10.1. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 52% chance of closing higher in a month.
- Enento (ENENTO.HE) trades 39% below ATLAS fair value, at a P/E of 27.6. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 53% chance of closing higher in a month.
- Revenio (REG1V.HE) trades 38% below ATLAS fair value, at a P/E of 26.8. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 47% chance of closing higher in a month.
- Olvi Oyj A (OLVAS.HE) trades 34% below ATLAS fair value, at a P/E of 8.7. ATLAS rates its confidence in that estimate as high. ATLAS gives it a 52% chance of closing higher in a month.
- Valmet (VALMT.HE) trades 34% below ATLAS fair value, at a P/E of 17.8. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 52% chance of closing higher in a month.
- Marimekko (MEKKO.HE) trades 33% below ATLAS fair value, at a P/E of 15.2. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 53% chance of closing higher in a month.
- Atria Oyj A (ATRAV.HE) trades 32% below ATLAS fair value, at a P/E of 10.0. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 53% chance of closing higher in a month.
- Kreate (KREATE.HE) trades 30% below ATLAS fair value, at a P/E of 15.4. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 48% chance of closing higher in a month.
How ATLAS finds undervalued stocks in Finland
Fair value is ATLAS estimate of what a share is worth given the company's cash flows and the multiples of comparable companies, refreshed every night. The gap is price divided by fair value, minus 1. We keep gaps between 10% and 70% below fair value: deeper gaps usually signal bad inputs or a business in trouble rather than a bargain.
Only estimates with medium or high confidence count. The company must also have positive earnings (positive P/E or margin), a market value above USD 300 million and enough trading volume. The list is sorted by the size of the gap.
Limits: a share can stay below its estimated value for years, and the model can be wrong, especially for banks, cyclical businesses and companies with one-off items. Being below fair value is not a recommendation to buy. The probability of a higher close is shown for context. This is information, not investment advice.
Frequently asked questions
Which stocks in Finland are the most undervalued?
In October 2026, the widest gaps below ATLAS fair value among 23 qualifying companies belong to Terveystalo Oy, Huhtamaki, and TietoEVRY. Terveystalo Oy leads at 50% below its estimate.
What does "undervalued" mean here?
That the share price is at least 10% below ATLAS estimate of what the company is worth, using cash flows and comparable multiples. It is a model output, not a judgement on the business.
Does undervalued mean the stock will go up?
No. Prices can stay below estimated value for years, and estimates change when results change. The one-month probability in the table is separate and is close to a coin flip for most stocks.
How much of the market in Finland looks undervalued?
23 of 89 listed companies pass the filter. The median gap among them is 28% below fair value, and 6 of them are in Industrials, the most represented sector.
How often is this list updated?
Fair values are refreshed every night and this page is rebuilt at least every 6 hours. The month in the title follows the date of the data.
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More lists for Finland
- Best Dividend Stocks in Finland (October 2026)
- Largest Companies in Finland by Market Cap (October 2026)
- Top Most Stable Stocks in Finland (October 2026)
Undervalued stocks: other countries
Information only, not investment advice. ATLAS estimates come from statistical models using public data; they can be wrong, and past results do not guarantee future ones. Disclaimer