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French (CAC) Financials Sector Analysis

UpdatedFeb 25, 2024
DataAggregated Company Financials
Companies56
  • 7D2.9%
  • 3M6.5%
  • 1Y-2.0%
  • YTD-1.5%

In the last week, the Financials industry is up 2.9%, with AXA up 4.3%. In the same time, Edenred was down 9.4%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 7.2% annually.

Sector Valuation and Performance

Has the French Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 25 Feb 2024€256.2b€244.5b€30.8b8x8.3x1x
Tue, 23 Jan 2024€278.8b€311.2b€36.0b9x7.7x0.9x
Thu, 21 Dec 2023€275.9b€311.6b€37.5b8.7x7.4x0.9x
Sat, 18 Nov 2023€258.7b€310.4b€35.9b9x7.2x0.8x
Mon, 16 Oct 2023€259.3b€309.6b€37.0b9x7x0.8x
Wed, 13 Sep 2023€270.2b€308.5b€37.0b9.3x7.3x0.9x
Fri, 11 Aug 2023€274.8b€309.5b€37.8b9.4x7.3x0.9x
Sun, 09 Jul 2023€261.7b€300.1b€29.7b9.2x8.8x0.9x
Tue, 06 Jun 2023€269.0b€300.1b€29.7b9.9x9x0.9x
Thu, 04 May 2023€275.1b€299.3b€28.9b9x9.5x0.9x
Sat, 01 Apr 2023€270.0b€248.4b€29.2b8.1x9.2x1.1x
Mon, 27 Feb 2023€280.2b€295.3b€31.3b7x8.9x0.9x
Wed, 25 Jan 2023€275.2b€300.3b€31.8b6.8x8.7x0.9x
Fri, 23 Dec 2022€252.6b€300.3b€31.8b6.2x7.9x0.8x
Sun, 20 Nov 2022€252.7b€301.4b€31.7b6.3x8x0.8x
Tue, 18 Oct 2022€220.2b€297.7b€32.3b5.5x6.8x0.7x
Thu, 15 Sep 2022€242.1b€297.7b€32.5b6x7.5x0.8x
Sat, 13 Aug 2022€246.4b€311.9b€32.2b6.1x7.6x0.8x
Mon, 11 Jul 2022€223.1b€312.3b€36.3b6.2x6.1x0.7x
Wed, 08 Jun 2022€249.3b€312.8b€36.3b6.4x6.9x0.8x
Fri, 06 May 2022€247.6b€307.8b€36.5b6.7x6.8x0.8x
Sun, 03 Apr 2022€265.2b€303.5b€35.6b7.4x7.5x0.9x
Tue, 01 Mar 2022€259.7b€289.7b€32.6b7.8x8x0.9x
Thu, 27 Jan 2022€299.2b€297.8b€29.8b8.7x10x1x
Sat, 25 Dec 2021€287.4b€297.5b€29.8b8.3x9.6x1x
Mon, 22 Nov 2021€284.8b€297.9b€29.8b8.6x9.6x1x
Wed, 20 Oct 2021€284.5b€301.5b€28.2b8.6x10.1x0.9x
Fri, 17 Sep 2021€262.4b€299.9b€27.0b8.7x9.7x0.9x
Sun, 15 Aug 2021€268.5b€299.2b€26.6b9.4x10.1x0.9x
Thu, 10 Jun 2021€258.7b€278.2b€19.2b11.9x13.5x0.9x
Wed, 03 Mar 2021€231.0b€268.3b€15.2b13.6x15.2x0.9x
Price to Earnings Ratio

15.2x


Total Market Cap: €231.0bTotal Earnings: €15.2bTotal Revenue: €268.3bTotal Market Cap vs Earnings and Revenue0%0%0%
French Financials Sector Price to Earnings3Y Average 8.8x202220232024
Current Industry PE
  • Investors are relatively neutral on the French Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 8.8x.
  • The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 27% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.1% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the French Financials sector?

FR Market2.32%
Financials2.94%
Insurance4.13%
Banks2.97%
Capital Markets1.31%
Diversified Financial0.47%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Industry PE
  • Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 13.5x.
    • Analysts are expecting annual earnings growth of 12.8%, which is lower than the prior year's growth of 26.4% per year.
  • Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 8.6x.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 26% per year.
  • In contrast, the Diversified Financial industry is expected to see its earnings decline by 16% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CS AXA€32.304.3%
+€2.9b
13.7%PE11x
BNP BNP Paribas€56.393.7%
+€2.3b
-11.7%PB0.5x
ACA Crédit Agricole€12.552.6%
+€969.3m
10.6%PB0.5x
GLE Société Générale Société anonyme€22.502.2%
+€389.4m
-14.8%PB0.3x
ENX Euronext€85.253.8%
+€329.8m
23.6%PE17.7x
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Latest News

CS

€32.30

AXA

7D

4.3%

1Y

13.7%

SCR

€28.70

SCOR

7D

2.4%

1Y

27.6%

TKO

€20.95

Tikehau Capital

7D

-0.7%

1Y

-20.2%

GLE

€22.50

Société Générale Société anonyme

7D

2.2%

1Y

-14.8%

WLN

€11.61

Worldline

7D

-3.5%

1Y

-69.3%

AMUN

€61.50

Amundi

7D

1.9%

1Y

0.3%

ACA

€12.55

Crédit Agricole

7D

2.6%

1Y

10.6%

BNP

€56.39

BNP Paribas

7D

3.7%

1Y

-11.7%

ANTIN

€15.75

Antin Infrastructure Partners SAS

7D

-4.3%

1Y

-22.3%

MF

€90.80

Wendel

7D

2.7%

1Y

-10.9%

ABCA

€3.69

ABC arbitrage

7D

-7.8%

1Y

-43.4%

LTA

€24.00

Altamir

7D

-2.0%

1Y

-8.0%

CMO

€61.80

Caisse Régionale de Crédit Agricole du Morbihan

7D

-3.5%

1Y

4.7%