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French (CAC) Market Analysis & Valuation

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies641
  • 7D2.7%
  • 3M-5.5%
  • 1Y1.3%
  • YTD-5.5%

Over the last 7 days, the market has risen 2.7%, driven by gains in every sector, especially the Industrials sector. As for last year, the market performance has been flat. Looking forward, earnings are forecast to grow by 12% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026€2.9t€2.1t€128.7b16.1x22.6x1.4x
Sun, 01 Mar 2026€3.1t€2.1t€132.1b16.4x23.8x1.5x
Tue, 27 Jan 2026€3.0t€2.1t€130.3b16.7x23.4x1.4x
Thu, 25 Dec 2025€3.0t€2.1t€130.4b16.3x23.3x1.4x
Sat, 22 Nov 2025€3.0t€2.1t€130.9b15.7x22.9x1.4x
Mon, 20 Oct 2025€3.1t€2.1t€127.5b16.6x24.1x1.5x
Wed, 17 Sep 2025€2.9t€2.1t€128.0b15.7x23x1.4x
Fri, 15 Aug 2025€3.0t€2.1t€129.9b16.1x22.7x1.4x
Sun, 13 Jul 2025€3.0t€2.1t€146.5b16.1x20.3x1.4x
Tue, 10 Jun 2025€2.9t€2.1t€146.9b15.9x20.1x1.4x
Thu, 08 May 2025€2.9t€2.1t€146.2b15.1x19.9x1.4x
Sat, 05 Apr 2025€2.8t€2.1t€146.8b13.6x19x1.3x
Mon, 03 Mar 2025€3.1t€2.2t€146.7b15x21.3x1.4x
Wed, 29 Jan 2025€3.1t€2.2t€148.1b14.5x20.8x1.4x
Fri, 27 Dec 2024€2.8t€2.2t€148.0b13.7x19.1x1.3x
Sun, 24 Nov 2024€2.8t€2.2t€145.6b13.7x19x1.3x
Tue, 22 Oct 2024€2.9t€2.1t€147.7b14.2x19.5x1.4x
Thu, 19 Sep 2024€2.8t€2.1t€146.6b14.5x19.4x1.3x
Sat, 17 Aug 2024€2.9t€2.1t€147.4b14.7x19.5x1.4x
Mon, 15 Jul 2024€3.0t€2.1t€149.3b15.7x19.9x1.4x
Wed, 12 Jun 2024€3.0t€2.1t€149.5b16.5x20.2x1.4x
Fri, 10 May 2024€3.2t€2.1t€147.5b16.6x21.5x1.5x
Sun, 07 Apr 2024€3.1t€2.1t€103.4b15.6x30.2x1.5x
Tue, 05 Mar 2024€3.1t€2.1t€101.2b15x30.7x1.4x
Thu, 01 Feb 2024€3.0t€2.2t€102.6b14.9x29.3x1.4x
Sat, 30 Dec 2023€3.0t€2.2t€103.6b15x28.5x1.3x
Mon, 27 Nov 2023€2.9t€2.2t€106.5b14x26.9x1.3x
Wed, 25 Oct 2023€2.7t€2.2t€149.4b13.8x17.8x1.2x
Fri, 22 Sep 2023€2.8t€2.2t€149.8b14.2x18.9x1.3x
Sun, 20 Aug 2023€2.9t€2.2t€150.9b14.4x19x1.3x
Tue, 18 Jul 2023€3.0t€2.3t€145.2b14.8x20.4x1.3x
Thu, 15 Jun 2023€3.0t€2.3t€146.0b14.1x20.4x1.3x
Sat, 13 May 2023€3.1t€2.4t€125.8b14.5x24.4x1.3x
Mon, 10 Apr 2023€3.0t€2.4t€125.9b15x23.9x1.2x
Price to Earnings Ratio

23.9x


Total Market Cap: €3.0tTotal Earnings: €125.9bTotal 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 4.5% 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 Market2.66%
Utilities6.30%
Real Estate5.64%
Materials4.71%
Telecom3.50%
Financials3.45%
Tech2.96%
Consumer Discretionary2.42%
Industrials2.39%
Consumer Staples2.35%
Healthcare1.61%
Energy0.71%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 31.0x.
    • 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 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 9.3x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 3.8% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 6.5% 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
MC LVMH Moët Hennessy - Louis Vuitton Société Européenne€471.052.8%
+€6.3b
-13.2%PE21.5xConsumer Discretionary
CS AXA€40.516.9%
+€5.4b
2.0%PE11.4xFinancials
HO Thales€267.5010.7%
+€5.3b
6.0%PE32.8xIndustrials
AI L'Air Liquide€180.525.4%
+€5.3b
3.6%PE29.6xMaterials
ENGI Engie€28.977.3%
+€4.8b
53.1%PE19.1xUtilities
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