French Potentially Undervalued Companies

Argan

Market Cap: €1.7b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.

Gecina

Market Cap: €6.0b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.

Carmila

Market Cap: €2.3b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Eiffage

Market Cap: €10.8b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Kaufman & Broad

Market Cap: €561.9m

Operates as a property developer and builder in France.

Compagnie des Alpes

Market Cap: €1.0b

Engages in the operation of leisure facilities in France and internationally.

GL Events

Market Cap: €797.8m

Provides integrated solutions and services for events in France and internationally.

FDJ United

Market Cap: €4.4b

Engages in the gaming operation and distribution business in France and internationally.

LNA Santé

Market Cap: €247.3m

Engages in the management and operation of healthcare facilities and medical residences for able-bodied, semi-dependent, or dependent elderly people in France.

Delfingen Société Anonyme

Market Cap: €80.2m

Provides protection and routing systems for electrical networks and on-board fluid transfer solutions to industrial and automotive sectors worldwide.

Vallourec

Market Cap: €3.9b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Antin Infrastructure Partners SAS

Market Cap: €1.9b

A private equity firm specializing in infrastructure investments.

EdiliziAcrobatica

Market Cap: €39.9m

Engages in outdoor construction works in Italy.

Sword Group

Market Cap: €335.4m

Provides IT and software solutions.

Publicis Groupe

Market Cap: €21.6b

Provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East.

BNP Paribas

Market Cap: €76.7b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Laurent-Perrier

Market Cap: €550.9m

Produces and sells champagne in France.

Société BIC

Market Cap: €1.9b

Manufactures and sells stationery, lighter, shaver, and other products worldwide.

Compagnie de Saint-Gobain

Market Cap: €40.5b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Oncodesign Société Anonyme

Market Cap: €99.4m

Oncodesign Société Anonyme, a biopharmaceutical company, conducts research and development work on new therapeutic and diagnostic tools with pharmaceutical firms, biotech companies, public research institutions, and investment groups.

Atos

Market Cap: €857.0m

Provides digital transformation solutions and services in France and internationally.

Trigano

Market Cap: €2.8b

Designs, manufactures, markets, and sells leisure vehicles for individuals and professionals in Europe.

Métropole Télévision

Market Cap: €1.5b

Operates as a multimedia group in France.

Cellectis

Market Cap: €267.2m

A clinical stage biotechnological company, develops products based on gene-editing with a portfolio of allogeneic chimeric antigen receptor T-cells product candidates in the field of immuno-oncology and gene therapy product candidates in other therapeutic indications.

74Software

Market Cap: €1.0b

Operates as a software company in France.

Imerys

Market Cap: €1.9b

Engages in the supply of specialty minerals for various industries across Europe, the Middle East, Africa, Asia Pacific, and America.

L.D.C

Market Cap: €3.2b

Produces and sells poultry and processed products in France and internationally.

MGI Digital Technology Société Anonyme

Market Cap: €61.2m

Engages in manufacturing of digital printing and finishing presses in France and internationally.

Thermador Groupe

Market Cap: €658.5m

Engages in the distribution business in France and internationally.

Pernod Ricard

Market Cap: €20.5b

Produces and sells wines and spirits worldwide.

Forvia

Market Cap: €2.2b

Manufactures and sells automotive technology solutions in France, Germany, other European countries, the Americas, Asia, and internationally.

Nextedia

Market Cap: €16.1m

Provides cybersecurity, cloud and digital workspace, and customer experience solutions in France.

ERAMET

Market Cap: €1.6b

Produces and sells manganese and nickel metals in Asia, Europe, North America, and internationally.

TF1

Market Cap: €1.7b

Engages in the broadcasting, studios and entertainment, and digital businesses in France and internationally.

Edenred

Market Cap: €4.6b

Provides digital platform for services and payments for companies, employees, and merchants worldwide.

Mersen

Market Cap: €533.2m

Manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally.