Nasdaq Helsinki · Nasdaq First North Growth Market (Helsinki) · below €300M
Finnish Microcap Stocks Screener
Screen Finnish microcap stocks below €300M market cap on Nasdaq Helsinki — B2B software, engineering, and industrial companies from First North Helsinki.
What makes Finland microcaps worth screening
- First North Helsinki lists a high concentration of B2B SaaS and enterprise software companies with international customer bases — Finnish software exports are structurally undervalued at micro cap scale relative to US or even Swedish equivalents
- Finnish engineering and manufacturing microcaps serve global niche markets in automation, process measurement, and industrial control — high-barrier segments with loyal long-term industrial customers and recurring maintenance revenues
- Finnish companies have one of the strongest dividend payment cultures in the Nordics — even First North-listed companies often distribute earnings to shareholders regularly despite their small size
- Finland's labour market and cost structure are comparable to Sweden but valuation multiples on Finnish microcaps have historically been lower — creating a relative discount that is structural rather than driven by business quality differences
Where Finland microcaps are listed
Nasdaq First North Growth Market (Helsinki)
Part of Nasdaq Helsinki. Most Finland companies below €300M market cap are listed on this alternative or growth segment — lighter listing requirements, same exchange oversight, and EUR-denominated trading.
Exchange code in ScreenerHero: HEL
How to screen Finland microcap stocks
1. Set exchange + market cap
Select HEL in the exchange filter. Set market cap maximum to €300M (or the equivalent in your target range). Sort by market cap ascending to start from the smallest names.
2. Apply quality filters
Add ROE > 8% and positive profit margin to filter the profitable subset of the microcap universe. Debt/equity below 1.5 removes overleveraged names. This combination narrows the universe to companies worth deeper analysis.
3. Find the cheapest
Sort by P/E or EV/EBITDA ascending within your quality-filtered list. Click any result to open the full instrument page — price history, fundamentals breakdown, and upcoming events.
Screen Finland microcap stocks now
Filter by P/E, ROE, EV/EBITDA, margins, beta, and dividend yield across all Nasdaq Helsinki listings below €300M. Free, no account needed.
Common questions
What is First North Helsinki and what types of companies does it list?
Nasdaq First North Growth Market (Helsinki) is the alternative market for smaller Finnish companies. It lists 50+ companies across technology, healthcare, industrials, and consumer sectors. Finnish First North companies skew toward B2B technology and engineering — reflecting Finland's broader industrial specialisation.
Why do Finnish microcaps trade at lower valuations than Swedish equivalents?
Finnish microcaps are less well-known internationally than Swedish ones despite often similar business quality. Fewer international funds specifically cover Finnish microcaps, Finnish-language investor relations limit non-Finnish investor awareness, and Finland's market has fewer high-profile technology success stories (outside Nokia) to create international interest in the broader ecosystem.
How do I screen Finnish microcap stocks in ScreenerHero?
Select HEL in the exchange filter and set market cap maximum to €300M. Finnish microcaps are EUR-denominated so no currency conversion is needed. Apply ROE > 8% and a minimum dividend yield of 1% to find quality companies that return cash to shareholders. Sort by EV/EBITDA to identify the most attractively valued within your filtered universe.
Can I screen Finland microcaps alongside other European markets?
Yes — the ScreenerHero screener lets you select multiple exchanges simultaneously. Combine HEL with other European exchanges and apply the same market cap maximum to run cross-country microcap screens with identical fundamental filters.
Related screeners
Other country microcap screeners:
Finland microcaps. Screened in seconds.
The Nasdaq Helsinki companies below €300M that major screeners miss. Dense tables, fast filters, all active listings — including the ones with no analyst coverage. Free, no account needed. Premium at €25/mo adds alerts and exports.