Header cover image

French (CAC) Market Analysis & Valuation

UpdatedMay 22, 2022
DataAggregated Company Financials
Companies712
  • 7D-1.3%
  • 3M-9.6%
  • 1Y-5.4%
  • YTD-15.3%

Over the last 7 days, the market has dropped 1.3%, driven by pullbacks in the Consumer Discretionary and Consumer Staples sectors of 3.2% and 6.4%, respectively. As for last year, the market is also down 5.4%. As for the next few years, earnings are expected to grow by 12% per annum.

Market Valuation and Performance

Has the French Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022€2.6t€2.1t€132.4b16.4x
Wed, 20 Apr 2022€2.7t€2.1t€129.1b17.4x
Fri, 18 Mar 2022€2.8t€2.1t€124.9b17.6x
Sun, 13 Feb 2022€2.9t€2.0t€132.8b18.9x
Tue, 11 Jan 2022€3.0t€2.0t€122.4b18.3x
Thu, 09 Dec 2021€3.0t€2.0t€122.3b18.6x
Sat, 06 Nov 2021€3.0t€2.0t€120.6b19.4x
Mon, 04 Oct 2021€2.8t€2.0t€112.4b19.4x
Wed, 01 Sep 2021€2.9t€2.0t€109.8b22x
Thu, 08 Jul 2021€2.8t€2.0t€109.5b21x
Wed, 31 Mar 2021€2.6t€1.9t€73.4b21.4x
Sat, 02 Jan 2021€2.4t€1.8t€45.0b20.5x
Tue, 06 Oct 2020€2.0t€1.9t€43.1b18.7x
Fri, 10 Jul 2020€2.0t€1.9t€54.8b17.8x
Thu, 02 Apr 2020€1.8t€2.0t€82.8b15.8x
Sun, 05 Jan 2020€2.4t€2.1t€109.6b17.6x
Wed, 09 Oct 2019€2.3t€2.1t€106.9b17.6x
Tue, 02 Jul 2019€2.2t€2.1t€105.4b18.5x
Median PE Ratio

17.2x


Total Market Cap: €2.1tTotal Earnings: €106.1bTotal Revenue: €2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
French Market Median PE3Y Average 18.7x202020212022
Current Market PE
  • Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 18.7x.
Past Earnings Growth
  • The earnings for French listed companies have grown 7.7% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the French Market?

FR Market-1.28%
Utilities3.41%
Healthcare2.03%
Energy1.56%
Financials1.27%
Real Estate0.53%
Telecom0.51%
Tech-0.43%
Industrials-0.66%
Materials-1.00%
Consumer Discretionary-3.19%
Consumer Staples-6.35%
Sector PE
  • Investors are most optimistic about the Utilities sector, which is trading close to its 3-year average PE ratio of 31.9x.
  • Analysts are expecting annual earnings growth of 12%, which is lower than the prior year's growth of 66% per year.
  • This could indicate that the market believes that analysts are underestimating future growth.
  • Investors are most pessimistic about the Financials sector, which is trading below its 3-year average of 10.9x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 48% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Energy sector is expected to see its earnings decline by 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
SAN Sanofi€102.302.5%
+€3.1b
15.9%PS19.2xHealthcare
ENGI ENGIE€12.6411.3%
+€3.1b
-3.8%PS8.8xUtilities
BNP BNP Paribas€53.712.5%
+€1.6b
-4.5%PB0.6xFinancials
TTE TotalEnergies€51.711.2%
+€1.4b
32.6%PS8xEnergy
GLE Société Générale Société anonyme€24.504.9%
+€941.2m
-6.7%PB0.3xFinancials
See more
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

SAN

€102.30

Sanofi

7D

2.5%

1Y

15.9%

CA

€19.11

Carrefour

7D

-9.2%

1Y

11.5%