French Software Undervalued over 20% based on DCF

Dassault Systèmes

Market Cap: €23.7b

Provides software solutions and services worldwide.

Sopra Steria Group

Market Cap: €2.8b

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

Wavestone

Market Cap: €940.4m

Provides consulting services in France and internationally.

Lectra

Market Cap: €663.1m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, and internationally.

Sword Group

Market Cap: €282.6m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

Infotel

Market Cap: €271.5m

Designs, develops, markets, and maintains software solutions in the areas of security, performance, and management in France, rest of Europe, and the United States.

Streamwide

Market Cap: €209.8m

Designs, develops, markets, and maintains a set of service software for mobiles and telecommunication operators worldwide.

Linedata Services

Market Cap: €207.5m

Develops, publishes, and distributes financial software in Southern Europe, Northern Europe, North America, and Asia.

Coheris

Market Cap: €67.1m

Provides customer relationship management (CRM) and analytical solutions in France and internationally.

Solutions 30

Market Cap: €58.7m

Provides support solutions for new digital technologies in Benelux, France, Spain, Italy, Germany, Portugal, Poland, and the United Kingdom.

Prologue

Market Cap: €28.8m

A technology company, engages in the provision of software publishing and IT services for large and medium-sized businesses in France, Spain, the United States, and Latin America.