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French (CAC) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies696
  • 7D1.2%
  • 3M6.9%
  • 1Y11.4%
  • YTD7.8%

Over the last 7 days, the market has risen 1.2%, driven by gains in the Consumer Discretionary and Industrials sectors of 1.7% and 2.4%, respectively. As for the past 12 months, the market is up 11%. As for the next few years, earnings are expected to grow by 11% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024€3.2t€2.1t€103.1b14.6x30.6x1.5x
Thu, 15 Feb 2024€3.0t€2.2t€96.9b14.3x31.1x1.4x
Sat, 13 Jan 2024€2.9t€2.2t€103.7b15.3x27.9x1.3x
Mon, 11 Dec 2023€2.9t€2.2t€105.9b14.4x27.8x1.3x
Wed, 08 Nov 2023€2.8t€2.2t€104.9b13.3x26.2x1.2x
Fri, 06 Oct 2023€2.8t€2.2t€150.3b13.8x18.3x1.2x
Sun, 03 Sep 2023€2.9t€2.2t€149.8b14.4x19.5x1.3x
Tue, 01 Aug 2023€3.0t€2.3t€147.5b14.6x20.5x1.3x
Thu, 29 Jun 2023€2.9t€2.3t€145.9b14.2x20x1.3x
Sat, 27 May 2023€3.0t€2.4t€127.1b14.3x23.7x1.2x
Mon, 24 Apr 2023€3.1t€2.4t€125.3b14.7x24.9x1.3x
Wed, 22 Mar 2023€2.9t€2.4t€125.1b14.9x23.1x1.2x
Fri, 17 Feb 2023€3.0t€2.3t€117.4b15.4x25.8x1.3x
Sun, 15 Jan 2023€2.9t€2.3t€118.0b14.8x24.6x1.3x
Tue, 13 Dec 2022€2.7t€2.3t€118.6b14.1x23.1x1.2x
Thu, 10 Nov 2022€2.7t€2.3t€118.5b14.1x22.8x1.2x
Sat, 08 Oct 2022€2.4t€2.3t€117.2b13.3x20.7x1.1x
Mon, 05 Sep 2022€2.6t€2.2t€116.5b14.6x22x1.1x
Wed, 03 Aug 2022€2.7t€2.2t€116.1b15x23x1.2x
Fri, 01 Jul 2022€2.4t€2.1t€114.4b14.9x21.3x1.2x
Sun, 29 May 2022€2.7t€2.1t€132.4b16.2x20.1x1.3x
Tue, 26 Apr 2022€2.7t€2.1t€129.6b17.3x20.6x1.3x
Thu, 24 Mar 2022€2.7t€2.1t€125.4b17.8x21.8x1.3x
Sat, 19 Feb 2022€2.9t€2.0t€139.4b18.1x20.6x1.4x
Mon, 17 Jan 2022€3.0t€2.0t€122.3b18.7x24.1x1.5x
Wed, 15 Dec 2021€2.9t€2.0t€122.4b18.7x24x1.5x
Fri, 12 Nov 2021€3.0t€2.0t€121.7b19.6x24.8x1.5x
Sun, 10 Oct 2021€2.8t€2.0t€112.5b18.8x24.8x1.4x
Tue, 07 Sep 2021€2.9t€2.0t€111.2b21.7x26x1.5x
Thu, 05 Aug 2021€2.9t€2.0t€109.8b21.4x26.6x1.5x
Sun, 09 May 2021€2.7t€1.9t€73.6b21.1x36.4x1.4x
Price to Earnings Ratio

34.9x


Total Market Cap: €2.6tTotal Earnings: €73.4bTotal Revenue: €1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
French Market Price to Earnings3Y Average 24.5x202220232024
Current Market PE
  • Investors are optimistic on the French market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 30.6x which is higher than its 3-year average PE of 24.5x.
Past Earnings Growth
  • The earnings for French listed companies have grown 12% per year over the last three years.
  • Revenues for these companies have grown 4.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the French Market?

FR Market1.17%
Energy3.98%
Industrials2.41%
Financials2.31%
Consumer Discretionary1.68%
Telecom0.48%
Materials0.45%
Utilities0.18%
Healthcare-0.17%
Consumer Staples-1.18%
Real Estate-1.20%
Tech-1.67%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 23.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 14.8% which is higher than its past year's earnings decline of 5.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 85% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 3.8% 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
RMS Hermès International Société en commandite par actions€2.38k3.2%
+€7.6b
35.1%PE57.7xConsumer Discretionary
TTE TotalEnergies€62.634.2%
+€6.0b
16.3%PE7.7xEnergy
AIR Airbus€163.224.1%
+€5.1b
37.6%PE33.9xIndustrials
MC LVMH Moët Hennessy - Louis Vuitton Société Européenne€858.100.9%
+€3.8b
6.7%PE28.2xConsumer Discretionary
SAF Safran€203.354.5%
+€3.7b
56.0%PE24.4xIndustrials
See more
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