Helsinki 33
Nasdaq Helsinki listings.
Rule: exchange == 'HEL'
| Company | FY | Revenue | Growth % | Operating margin % | Rule of 40 | Market cap |
|---|---|---|---|---|---|---|
| Nokia Mature | 2025 | 21.4bn EUR | 11.2 % | 10.1 % | 21.3 | 48.6bn EUR |
| KONE Hold | 2025 | 12.1bn EUR | 9.0 % | 11.0 % | 20.0 | 25.9bn EUR |
| Neste Hold | 2025 | 20.5bn EUR | -0.5 % | 1.7 % | 1.2 | 25.7bn EUR |
| Fortum | 2025 | 5.2bn EUR | -11.0 % | 19.6 % | 8.6 | 21.3bn EUR |
| Wärtsilä Star cyclical industrial in Finland | 2025 | 7.5bn EUR | 15.8 % | 10.9 % | 26.7 | 16.2bn EUR |
| Metso Competitive | 2025 | 5.7bn EUR | 16.4 % | 12.8 % | 29.2 | 14.3bn EUR |
| Kesko Dividend stock, avoid taxes | 2025 | 13.5bn EUR | 13.3 % | 5.0 % | 18.3 | 8.7bn EUR |
| Stora Enso Underperformer | 2025 | 10.0bn EUR | 7.2 % | 5.7 % | 12.8 | 8.2bn EUR |
| Elisa Dividend stock, avoid taxes | 2025 | 2.5bn EUR | 13.3 % | 22.3 % | 35.6 | 6.1bn EUR |
| Valmet Hold, in permanent decline | 2025 | 5.6bn EUR | 4.7 % | 11.9 % | 16.7 | 5.1bn EUR |
| Huhtamaki | 2025 | 4.3bn EUR | 3.7 % | 8.1 % | 11.8 | 3.2bn EUR |
| Mandatum Should have bought... | 2025 | 979m EUR | 64.8 % | – | – | 3.1bn EUR |
| Kalmar Competitive | 2025 | 1.7bn EUR | 1.2 % | 12.6 % | 13.9 | 2.5bn EUR |
| Nokian Tyres Hold, Romania and inflation | 2025 | 1.5bn EUR | 15.1 % | 2.6 % | 17.7 | 2.1bn EUR |
| Finnair Wait over war in Ukraine | 2025 | 3.1bn EUR | 1.9 % | 2.1 % | 4.0 | 892m EUR |
| YIT Sell, but not yet | 2025 | 1.8bn EUR | -3.5 % | 2.0 % | -1.5 | 857m EUR |
| Qt Apple can kill if car manufacturers allow | 2025 | 216m EUR | 3.4 % | 19.6 % | 23.1 | 846m EUR |
| Ponsse Competitive, cycle trade | 2025 | 750m EUR | -0.1 % | 5.5 % | 5.4 | 672m EUR |
| Kempower Never profitable, only M&A | 2025 | 251m EUR | 12.3 % | -5.8 % | 6.5 | 530m EUR |
| Lindex Hold | 2025 | 952m EUR | 1.3 % | 8.0 % | 9.3 | 378m EUR |
| Revenio Hold long-term, mature | 2025 | 110m EUR | 6.0 % | 23.2 % | 29.1 | 368m EUR |
| eQ Hold long-term, mature | 2025 | 61m EUR | -9.0 % | 45.2 % | 36.2 | 365m EUR |
| Remedy Only M&A | 2025 | 60m EUR | 17.5 % | -25.0 % | -7.5 | 261m EUR |
| Pihlajalinna Sell | 2025 | 652m EUR | -7.4 % | 6.4 % | -1.0 | 239m EUR |
| Gofore Hold over cycle | 2025 | 191m EUR | 2.8 % | 6.9 % | 9.7 | 187m EUR |
| Verkkokauppa Hold, OG Finnish Amazon, could be sold to PE | 2025 | 526m EUR | 12.5 % | 3.6 % | 16.2 | 151m EUR |
| Admicom Enterprise profitable | 2025 | 38m EUR | 6.0 % | 20.1 % | 26.1 | 127m EUR |
| Kamux Hold, stagnated until inflation | 2025 | 876m EUR | -13.3 % | 0.1 % | -13.2 | 58m EUR |
| Talenom Mature | 2025 | 109m EUR | -13.5 % | 7.9 % | -5.7 | 54m EUR |
| Inderes Could profit from enshittification? | 2025 | 19m EUR | 3.9 % | 4.7 % | 8.6 | 29m EUR |
| Ovaro Hold, small position. Real estate asset pricing game | 2025 | 4.3m EUR | -19.1 % | 0.1 % | -19.0 | 23m EUR |
| Alisa Hold, margin improvement | 2025 | 15m EUR | -54.0 % | – | – | 19m EUR |
| Kojamo Wait over interest rate policy cycle. RE asset game | 2024 | 452m EUR | 2.3 % | 58.5 % | 60.8 | – |