Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

French (CAC) Market Analysis & Valuation

UpdatedAug 27, 2026
DataAggregated Company Financials
Companies639
  • 7D-0.5%
  • 3M1.3%
  • 1Y3.9%
  • YTD-1.5%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Meanwhile, the market is actually up 3.9% over the past year. Earnings are forecast to grow by 13% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 27 Aug 2026€3.0t€2.1t€151.3b15.8x20x1.4x
Sat, 25 Jul 2026€3.0t€2.1t€133.6b16.3x22.6x1.4x
Mon, 22 Jun 2026€3.1t€2.1t€128.9b16x23.7x1.4x
Wed, 20 May 2026€2.9t€2.1t€130.5b15.8x22.3x1.4x
Fri, 17 Apr 2026€3.0t€2.1t€128.5b16.5x23.3x1.4x
Sun, 15 Mar 2026€2.9t€2.1t€132.4b15.8x21.9x1.4x
Tue, 10 Feb 2026€3.1t€2.1t€128.3b16.6x24x1.5x
Thu, 08 Jan 2026€3.1t€2.1t€130.5b16.7x23.7x1.5x
Sat, 06 Dec 2025€3.0t€2.1t€130.8b16.3x23.3x1.4x
Mon, 03 Nov 2025€3.0t€2.1t€130.7b16.5x23.3x1.4x
Wed, 01 Oct 2025€3.0t€2.1t€127.4b16.1x23.3x1.4x
Fri, 29 Aug 2025€2.9t€2.1t€130.0b15.8x22.6x1.4x
Sun, 27 Jul 2025€3.0t€2.1t€142.8b16x20.8x1.4x
Tue, 24 Jun 2025€2.9t€2.1t€146.8b15.8x19.5x1.3x
Thu, 22 May 2025€3.0t€2.1t€146.5b15.3x20.5x1.4x
Sat, 19 Apr 2025€2.8t€2.1t€144.2b14.3x19.3x1.3x
Mon, 17 Mar 2025€3.1t€2.2t€147.9b14.7x20.8x1.4x
Wed, 12 Feb 2025€3.1t€2.2t€145.3b14.5x21.3x1.4x
Fri, 10 Jan 2025€2.9t€2.2t€148.2b14.5x19.5x1.3x
Sun, 08 Dec 2024€2.9t€2.2t€145.4b13.5x19.7x1.3x
Tue, 05 Nov 2024€2.8t€2.1t€144.5b13.9x19.5x1.3x
Thu, 03 Oct 2024€2.9t€2.1t€147.2b14.5x19.9x1.4x
Sat, 31 Aug 2024€2.9t€2.1t€146.8b15x20x1.4x
Mon, 29 Jul 2024€2.9t€2.1t€146.7b15.4x19.7x1.4x
Wed, 26 Jun 2024€3.0t€2.1t€149.6b15.9x19.8x1.4x
Fri, 24 May 2024€3.1t€2.1t€149.4b16.9x21x1.5x
Sun, 21 Apr 2024€3.1t€2.1t€104.9b15.5x29.6x1.5x
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
Price to Earnings Ratio

19.5x


Total Market Cap: €2.9tTotal Earnings: €149.8bTotal Revenue: €2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
French Market Price to Earnings3Y Average 22.5x202420252026
Current Market PE
  • Investors are pessimistic on the French market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 20.0x which is lower than its 3-year average PE of 22.5x.
Past Earnings Growth
  • Both revenue and earnings for French listed companies have remained mostly flat over the last three years.
  • This means sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Sector Trends

Which sectors have driven the changes within the French Market?

FR Market-0.51%
Materials1.05%
Consumer Staples0.88%
Industrials0.04%
Real Estate-0.011%
Healthcare-0.46%
Financials-0.81%
Consumer Discretionary-0.95%
Telecom-1.11%
Utilities-1.14%
Tech-1.92%
Energy-2.71%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 29.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 15.3% which is higher than its past year's earnings decline of 5.4% per year.
  • The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 9.7x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings growth rate of 0.2% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 2.5% 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
SU Schneider Electric€299.201.8%
+€2.9b		41.5%PE35.5xIndustrials
OR L'Oréal€387.201.2%
+€2.5b		-3.5%PE32.7xConsumer Staples
AI L'Air Liquide€168.721.2%
+€1.2b		4.2%PE30.3xMaterials
DIM Sartorius Stedim Biotech€192.005.0%
+€885.4m		10.0%PE63.8xHealthcare
SGO Compagnie de Saint-Gobain€82.301.9%
+€733.8m		-11.9%PE15.1xIndustrials
See more

Market Insights

Header cover image
Every new payment app was supposed to kill Visa and Mastercard. Instead, they got bigger. So what does that mean for the payment stocks on your radar?
Continue reading
Picking portfolio winners takes more than hot air

Latest News

TTE
€75.28
TotalEnergies
7D
-3.1%
1Y
41.5%
SGO
€82.30
Compagnie de Saint-Gobain
7D
1.9%
1Y
-11.9%
SU
€299.20
Schneider Electric
7D
1.8%
1Y
41.5%
EL
€159.20
EssilorLuxottica Société anonyme
7D
-2.6%
1Y
-40.3%
Narrative Update • Aug 26

EL: AI Eyewear Partnerships Will Support Long Term Margin Expansion Potential

EssilorLuxottica Société anonyme's analyst fair value estimate has been revised down from about €261.48 to about €242.65, as analysts lower price targets across the sector and factor in slightly softer revenue growth assumptions alongside a more moderate future P/E, partly balanced by firmer profit margin expectations. Analyst Commentary Recent Street research on EssilorLuxottica Société anonyme shows a mix of optimism on the long term story and caution around execution and competition, which helps explain the shift in fair value estimates.
GLE
€74.76
Société Générale Société anonyme
7D
-2.9%
1Y
43.8%
Narrative Update • Aug 25

GLE: Capital Return And Dividend Policy Will Test Execution And Profitability

Analysts have nudged their fair value estimate for Société Générale Société anonyme higher to about €86.9 from roughly €83.7. This reflects a mix of slightly updated discount rate and profitability assumptions in response to recent price target moves that range from €81 to €91 on the stock. Analyst Commentary Recent research on Société Générale Société anonyme shows a mix of optimism and caution around the stock, with price targets clustered in a relatively tight range and a wide spread of ratings from Buy to Underperform.
AIR
€205.85
Airbus
7D
-1.1%
1Y
15.5%
Narrative Update • Aug 25

AIR: Higher Delivery Pace And Margins Will Drive Stronger Future Cash Generation

Analysts have raised their fair value estimate for Airbus from €219.32 to €230.96, citing a series of higher Street price targets and research that highlights supportive margin assumptions, slightly adjusted discount rates, and modest tweaks to long term revenue growth and P/E expectations. Analyst Commentary Recent Street research on Airbus points to a cluster of higher price targets and mostly constructive views on execution, profitability and long term growth.
ML
€35.14
Compagnie Générale des Établissements Michelin Société en commandite par actions
7D
3.1%
1Y
12.8%
STMPA
€42.32
STMicroelectronics
7D
-3.6%
1Y
82.0%
BNP
€105.72
BNP Paribas
7D
-1.0%
1Y
38.1%
OR
€387.20
L'Oréal
7D
1.2%
1Y
-3.5%
RMS
€1,547.50
Hermès International Société en commandite par actions
7D
-2.2%
1Y
-27.0%
Narrative Update • Aug 13

RMS: Leather Expansion And Brand Strength Will Sustain Premium Future P/E

The analyst fair value estimate for Hermès International Société en commandite par actions has been reduced from €2,320 to €2,150, as recent Street research has steadily lowered price targets across the sector. Analysts have cited more cautious views on near term share catalysts and valuation multiples.
HO
€249.80
Thales
7D
-3.8%
1Y
9.9%
Narrative Update • Aug 11

HO: Defence And Cyber Resilience Partnership Will Support Future Earnings And Execution Risks

Analysts have nudged their fair value estimate for Thales higher to about €295 from about €289, reflecting updated assumptions around revenue growth, profit margins and future P/E supported by a series of recent price target increases and rating upgrades across the Street. Analyst Commentary Recent Street research on Thales shows a mix of upbeat pricing moves and more balanced stances.
LR
€137.35
Legrand
7D
1.9%
1Y
5.9%
Narrative Update • Aug 11

LR: Data Center Expansion And Acquisition Risks Will Restrain Optimistic Pricing

Legrand's updated analyst price target now reflects a slightly lower fair value estimate of €116.63. Analysts point to higher revenue growth assumptions, as well as supportive recent upgrades and target increases across several banks, as key factors behind the revised view.
SAF
€350.40
Safran
7D
0.4%
1Y
22.0%
AI
€168.72
L'Air Liquide
7D
1.2%
1Y
4.2%
Analysis Article • Jul 31

The L'Air Liquide S.A. (EPA:AI) Interim Results Are Out And Analysts Have Published New Forecasts

L'Air Liquide S.A. ( EPA:AI ) shareholders are probably feeling a little disappointed, since its shares fell 2.2% to...
DIM
€192.00
Sartorius Stedim Biotech
7D
5.0%
1Y
10.0%
Analysis Article • Jul 26

Sartorius Stedim Biotech S.A. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that Sartorius Stedim Biotech S.A. ( EPA:DIM ) filed its half-yearly result this time...