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French (CAC) Market Analysis & Valuation

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies640
  • 7D0.9%
  • 3M-0.4%
  • 1Y9.1%
  • YTD-1.9%

In the last week, the market has stayed flat, however the Information Technology sector stood out, gaining 9.2%. As for the longer term, the market has risen 9.1% in the past 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026€3.0t€2.1t€128.4b16.7x23.5x1.4x
Thu, 19 Mar 2026€2.9t€2.1t€131.7b16.1x22.1x1.4x
Sat, 14 Feb 2026€3.1t€2.1t€127.8b16.3x23.9x1.5x
Mon, 12 Jan 2026€3.1t€2.1t€130.6b16.7x24.1x1.5x
Wed, 10 Dec 2025€3.0t€2.1t€130.8b16x23.1x1.4x
Fri, 07 Nov 2025€3.0t€2.1t€130.7b16x22.8x1.4x
Sun, 05 Oct 2025€3.0t€2.1t€127.3b16.6x23.9x1.4x
Tue, 02 Sep 2025€2.9t€2.1t€130.3b15.8x22.3x1.4x
Thu, 31 Jul 2025€3.0t€2.1t€141.0b16.1x21.1x1.4x
Sat, 28 Jun 2025€2.9t€2.1t€146.5b16.2x19.8x1.4x
Mon, 26 May 2025€2.9t€2.1t€146.7b15.3x20x1.4x
Wed, 23 Apr 2025€2.8t€2.1t€144.1b14.2x19.5x1.3x
Fri, 21 Mar 2025€3.1t€2.1t€148.6b15x20.7x1.5x
Sun, 16 Feb 2025€3.2t€2.2t€145.6b14.6x21.6x1.5x
Tue, 14 Jan 2025€2.9t€2.2t€148.4b14.2x19.3x1.3x
Thu, 12 Dec 2024€2.9t€2.2t€145.4b13.8x19.7x1.3x
Sat, 09 Nov 2024€2.8t€2.2t€145.4b13.7x19.4x1.3x
Mon, 07 Oct 2024€2.9t€2.1t€147.5b14.3x19.7x1.4x
Wed, 04 Sep 2024€2.9t€2.1t€146.8b15x19.9x1.4x
Fri, 02 Aug 2024€2.8t€2.1t€146.3b15x19.5x1.3x
Sun, 30 Jun 2024€2.9t€2.1t€149.5b15.6x19.3x1.4x
Tue, 28 May 2024€3.1t€2.1t€148.5b16.9x21x1.5x
Thu, 25 Apr 2024€3.1t€2.1t€104.8b15.7x29.9x1.5x
Sat, 23 Mar 2024€3.2t€2.1t€103.1b14.7x30.6x1.5x
Mon, 19 Feb 2024€3.0t€2.2t€94.5b14.5x32.2x1.4x
Wed, 17 Jan 2024€2.9t€2.2t€103.9b15x27.6x1.3x
Fri, 15 Dec 2023€3.0t€2.2t€105.5b14.5x28.2x1.3x
Sun, 12 Nov 2023€2.8t€2.2t€105.4b13.5x26.3x1.2x
Tue, 10 Oct 2023€2.8t€2.2t€150.2b13.6x18.4x1.2x
Thu, 07 Sep 2023€2.9t€2.2t€149.9b14.6x19.1x1.3x
Sat, 05 Aug 2023€2.9t€2.3t€156.7b14.3x18.8x1.3x
Mon, 03 Jul 2023€3.0t€2.3t€145.6b14.2x20.6x1.3x
Wed, 31 May 2023€2.9t€2.3t€145.9b14.1x20.1x1.3x
Fri, 28 Apr 2023€3.1t€2.4t€125.3b14.7x24.6x1.3x
Price to Earnings Ratio

24.6x


Total Market Cap: €3.1tTotal Earnings: €125.3bTotal Revenue: €2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
French Market Price to Earnings3Y Average 22.3x202420252026
Current Market PE
  • Investors are relatively neutral on the French 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 22.3x.
Past Earnings Growth
  • The earnings for French listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 4.6% per year.
  • This means that the cost of doing business could be reducing since sales have declined yet profits have remained steady.

Sector Trends

Which sectors have driven the changes within the French Market?

FR Market0.90%
Tech9.20%
Healthcare3.54%
Financials3.01%
Telecom2.01%
Real Estate1.89%
Industrials1.50%
Materials-0.27%
Consumer Discretionary-0.29%
Consumer Staples-0.66%
Utilities-1.42%
Energy-5.38%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 31.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 14.4%, which is higher than its past year's earnings growth of 1.2% 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 9.4x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 8.8% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 6.2% 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€273.605.1%
+€7.5b		33.3%PE36.9xIndustrials
AIR Airbus€176.383.5%
+€4.7b		29.3%PE26.6xIndustrials
MC LVMH Moët Hennessy - Louis Vuitton Société Européenne€490.551.8%
+€4.4b		1.0%PE22.4xConsumer Discretionary
EL EssilorLuxottica Société anonyme€206.504.8%
+€4.4b		-16.5%PE41.2xHealthcare
SAN Sanofi€82.033.3%
+€3.2b		-9.6%PE20.1xHealthcare
See more

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MC
€490.55
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7D
1.8%
1Y
1.0%
ALO
€17.09
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7D
-23.5%
1Y
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SAF
€303.00
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7D
-2.3%
1Y
42.8%

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SAN
€82.03
Sanofi
7D
3.3%
1Y
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RMS
€1,696.00
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7D
-3.7%
1Y
-25.8%

RMS: Defensive Brand Profile Will Support Upside Despite Recent Target Cuts

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TTE
€74.41
TotalEnergies
7D
-6.6%
1Y
44.1%

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AIR
€176.38
Airbus
7D
3.5%
1Y
29.3%

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STMPA
€37.28
STMicroelectronics
7D
10.2%
1Y
107.9%

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EL
€206.50
EssilorLuxottica Société anonyme
7D
4.8%
1Y
-16.5%

EL: Smart Eyewear Partnership And Licensing Expansion Will Support Long Term Earnings Power

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KER
€248.20
Kering
7D
-8.8%
1Y
50.9%

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BNP
€92.60
BNP Paribas
7D
3.2%
1Y
30.9%

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ENGI
€28.15
Engie
7D
-2.8%
1Y
50.8%

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SU
€273.60
Schneider Electric
7D
5.1%
1Y
33.3%

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CS
€42.45
AXA
7D
2.9%
1Y
7.4%

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OR
€350.95
L'Oréal
7D
-1.6%
1Y
2.7%

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AI
€186.38
L'Air Liquide
7D
-0.6%
1Y
7.6%