French Potentially Undervalued Companies

Argan

Market Cap: €1.7b

Engages in designing, building, developing, owning, leasing, and managing logistical platforms in France.

Eiffage

Market Cap: €10.5b

Engages in the construction, property development, urban development, civil engineering, metallic construction, roads, energy systems, and concessions businesses in France, rest of Europe, and internationally.

Trigano

Market Cap: €2.4b

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

Gecina

Market Cap: €6.4b

As a specialist for centrality and uses, Gecina operates innovative and sustainable living spaces.

L.D.C

Market Cap: €2.4b

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

Quadient

Market Cap: €553.2m

Provides intelligent communication automation, mail-related, and parcel locker solutions for customers through digital and physical channels in North America, France, Benelux, the United Kingdom, Ireland and Germany, Austria, Italy, Switzerland, and internationally.

Arkema

Market Cap: €5.7b

Manufactures and sells specialty materials in Europe, the United States, Canada, Mexico, China, Hong Kong, Taiwan, and internationally.

EXEL Industries

Market Cap: €264.5m

Engages in the manufacture and sale of agricultural spraying equipment worldwide.

Voyageurs du Monde

Market Cap: €490.9m

Operates as a travel agency in France and internationally.

Vallourec

Market Cap: €4.2b

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

Guerbet

Market Cap: €338.6m

Engages in the development and marketing of contrast media products, delivery systems, medical devices, and related solutions.

Delta Plus Group

Market Cap: €352.4m

Engages in design, manufacture, and distribution of a range of personal protective equipment worldwide.

Capgemini

Market Cap: €24.8b

Engages in the provision of consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Virbac

Market Cap: €2.5b

Manufactures and sells a range of products and services for companion animals and farm animals in France, Europe, Latin America, North America, Asia, Pacific, and Africa and the Middle East.

Freelance.com

Market Cap: €148.0m

Provides intermediation between companies and intellectual service providers in France, Germany, the United Kingdom, Morocco, Luxembourg, Switzerland, and Singapore.

Nexans

Market Cap: €4.3b

Manufactures and sells cables in France, Canada, Norway, Germany, and internationally.

Ipsos

Market Cap: €1.9b

Through its subsidiaries, provides survey-based research services for companies and institutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

X-FAB Silicon Foundries

Market Cap: €550.5m

Produces and sells analog/mixed-signal IC, micro-electro-mechanical systems, and silicon carbide products automotive, medical, industrial, and communication and consumer worldwide.

STEF

Market Cap: €1.5b

Provides temperature-controlled road transport and logistics services for agri-food industry, and out-of-home foodservices.

Groupe CRIT

Market Cap: €625.9m

Provides temporary work and recruitment services in France and internationally.

Sodexo

Market Cap: €8.9b

Provides food services and facilities management services worldwide.

Hexaom

Market Cap: €192.6m

Engages in the home building and renovation businesses in France.

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.

Thermador Groupe

Market Cap: €620.9m

Engages in the distribution business in France and internationally.

Bonduelle

Market Cap: €254.1m

Produces, processes, and sells vegetables in Europe and internationally.

GL Events

Market Cap: €606.2m

Provides venues and offices for events.

Carmila

Market Cap: €2.4b

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.

Forvia

Market Cap: €1.7b

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

Engie

Market Cap: €42.6b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Ubisoft Entertainment

Market Cap: €1.6b

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally.

74Software

Market Cap: €930.7m

Operates as an infrastructure software publisher in France, rest of Europe, the Americas, and the Asia Pacific.

Maisons du Monde

Market Cap: €111.2m

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

MGI Digital Technology Société Anonyme

Market Cap: €91.1m

Designs, manufactures, and sells digital printing solutions for the graphic arts industry in France and internationally.

BigBen Interactive

Market Cap: €21.1m

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

Cellectis

Market Cap: €90.8m

A clinical stage biotechnological company, develops products based on gene-editing with a portfolio of allogeneic chimeric antigen receptor T-cells product candidates.

Solocal Group

Market Cap: €94.8m

Provides digital services in France and internationally.