3 Picks With Market Caps Under €80M

Operations: The company’s revenue is primarily derived from its Business Services segment, totaling €24.51 million.

Market Cap: €18.47M

Fondia Oyj, with a market cap of €18.47 million, operates in the legal services sector across Finland, Sweden, Estonia, and Lithuania. Despite being debt-free and having stable weekly volatility at 3%, Fondia is currently unprofitable with a negative return on equity of -0.045%. The company has no long-term liabilities but faces challenges as its short-term assets (€3.9M) are insufficient to cover short-term liabilities (€4.4M). Recent executive changes and the launch of Lextopia signal strategic moves towards innovation in legal services, aiming to enhance future growth prospects despite current financial hurdles.

HLSE:FONDIA Financial Position Analysis as at Jan 2026

Simply Wall St Financial Health Rating: ★★★★★★

Overview: TREX S.A. operates in Poland, selling sports equipment under the TREX SPORT brand name, with a market cap of PLN27.75 million.

Operations: TREX S.A. does not report specific revenue segments for its operations in Poland.

Market Cap: PLN27.75M

TREX S.A., with a market cap of PLN27.75 million, has recently become profitable and reported significant revenue growth, reaching PLN32.17 million for the first nine months of 2025 compared to PLN13.78 million the previous year. The company is debt-free, which reduces financial risk, and its short-term assets exceed liabilities by PLN2.4 million, indicating solid liquidity management. However, its share price remains highly volatile compared to other Polish stocks. TREX’s recent initiation of a share buyback program demonstrates confidence in future prospects but may not immediately stabilize share price fluctuations or address low return on equity concerns (11%).

WSE:TRX Debt to Equity History and Analysis as at Jan 2026

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ENXTPA:ALRIB HLSE:FONDIA and WSE:TRX.

This article was originally published by Simply Wall St.

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