French Potentially Undervalued Companies

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.

Gecina

Market Cap: €5.8b

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.

Kaufman & Broad

Market Cap: €581.5m

Operates as a property developer and builder in France.

Argan

Market Cap: €1.7b

Argan SA 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.

Delfingen Société Anonyme

Market Cap: €89.1m

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

LNA Santé

Market Cap: €241.2m

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

TF1

Market Cap: €1.7b

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

Sanofi

Market Cap: €96.4b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Sopra Steria Group

Market Cap: €2.9b

Provides consulting, digital, and software development services in France and internationally.

Pluxee

Market Cap: €1.7b

Offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally.

Publicis Groupe

Market Cap: €21.8b

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

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.

Métropole Télévision

Market Cap: €1.5b

Operates as a multimedia group in France.

Imerys

Market Cap: €2.2b

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

Thermador Groupe

Market Cap: €674.0m

Engages in the distribution business in France and internationally.

Forvia

Market Cap: €2.8b

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

Eiffage

Market Cap: €11.7b

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

BigBen Interactive

Market Cap: €15.0m

Designs, produces, and distributes accessories for video game consoles, and smartphones and tablets in France and internationally.

Nextedia

Market Cap: €15.9m

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

Cellectis

Market Cap: €264.0m

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.

MGI Digital Technology Société Anonyme

Market Cap: €55.6m

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

74Software

Market Cap: €1.1b

Operates as a software company in France.

Atos

Market Cap: €1.1b

Provides digital transformation solutions and services in France and internationally.

Maisons du Monde

Market Cap: €65.2m

Through its subsidiaries, provides home and living room related products in France and internationally.

Compagnie des Alpes

Market Cap: €1.3b

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

L.D.C

Market Cap: €3.3b

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

GL Events

Market Cap: €863.8m

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

ERAMET

Market Cap: €2.3b

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

Pernod Ricard

Market Cap: €19.3b

Produces and sells wines and spirits worldwide.

Ubisoft Entertainment

Market Cap: €536.8m

Produces, publishes, distributes, and operates video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally.

Haulotte Group

Market Cap: €63.9m

Through its subsidiaries, designs, manufactures, and distributes people and material lifting equipment in France and internationally.

Mr.Bricolage

Market Cap: €58.7m

Engages in retailing of renovation, home, and garden decoration products.

FDJ United

Market Cap: €4.2b

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

Edenred

Market Cap: €4.4b

Operates as a digital platform for services and payments for companies, employees, and merchants worldwide.

Mersen

Market Cap: €608.7m

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

Don't Nod Entertainment

Market Cap: €8.0m

Don't Nod Entertainment S.A. develop and publishes video games on PC and consoles worldwide.