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French (CAC) Market Analysis & Valuation

UpdatedMay 02, 2025
DataAggregated Company Financials
Companies672
  • 7D0.9%
  • 3M-5.3%
  • 1Y-6.0%
  • YTD2.1%

Over the last 7 days, the market has remained flat, although notably the Utilities sector gained 3.3% in that time. As for last year, the market is down 6.0%. 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, 02 May 2025€2.9t€2.1t€142.5b14.9x20.3x1.4x
Sun, 30 Mar 2025€3.0t€2.1t€147.1b14.9x20.5x1.4x
Tue, 25 Feb 2025€3.1t€2.2t€146.6b15.1x21.3x1.4x
Thu, 23 Jan 2025€3.0t€2.2t€148.1b14.4x20.3x1.4x
Sat, 21 Dec 2024€2.8t€2.2t€147.9b13.8x19x1.3x
Mon, 18 Nov 2024€2.8t€2.2t€145.4b13.7x19.1x1.3x
Wed, 16 Oct 2024€2.9t€2.1t€147.6b14.3x19.6x1.4x
Fri, 13 Sep 2024€2.8t€2.1t€146.7b14.5x19.3x1.3x
Sun, 11 Aug 2024€2.8t€2.1t€147.7b14.5x19x1.3x
Tue, 09 Jul 2024€2.9t€2.1t€149.4b15.8x19.6x1.4x
Thu, 06 Jun 2024€3.1t€2.1t€149.2b17x20.8x1.5x
Sat, 04 May 2024€3.1t€2.1t€105.0b16.2x29.4x1.5x
Mon, 01 Apr 2024€3.2t€2.1t€103.6b15.3x30.7x1.5x
Wed, 28 Feb 2024€3.1t€2.2t€102.2b14.9x30.5x1.4x
Fri, 26 Jan 2024€2.9t€2.2t€103.7b15.1x28x1.3x
Sun, 24 Dec 2023€3.0t€2.2t€103.7b14.6x28.5x1.3x
Tue, 21 Nov 2023€2.9t€2.2t€105.7b13.9x27x1.3x
Thu, 19 Oct 2023€2.7t€2.2t€149.7b13.8x18.1x1.2x
Sat, 16 Sep 2023€2.9t€2.2t€149.8b14.4x19.3x1.3x
Mon, 14 Aug 2023€2.9t€2.2t€150.8b14.4x19.6x1.3x
Wed, 12 Jul 2023€2.9t€2.3t€145.5b14.5x20.2x1.3x
Fri, 09 Jun 2023€2.9t€2.3t€146.2b14.1x20.1x1.3x
Sun, 07 May 2023€3.1t€2.4t€124.7b14.6x24.6x1.3x
Tue, 04 Apr 2023€3.0t€2.4t€127.0b15.1x23.7x1.3x
Thu, 02 Mar 2023€3.0t€2.4t€98.5b15.5x30.2x1.2x
Sat, 28 Jan 2023€2.9t€2.3t€118.4b15x24.7x1.3x
Mon, 26 Dec 2022€2.7t€2.3t€118.4b14x22.6x1.2x
Wed, 23 Nov 2022€2.7t€2.3t€118.0b14.2x23.1x1.2x
Fri, 21 Oct 2022€2.5t€2.3t€117.2b13.3x21.4x1.1x
Sun, 18 Sep 2022€2.5t€2.2t€116.6b14.1x21.6x1.1x
Tue, 16 Aug 2022€2.7t€2.2t€115.6b15x23.7x1.2x
Thu, 14 Jul 2022€2.5t€2.1t€115.0b15x21.6x1.2x
Sat, 11 Jun 2022€2.5t€2.1t€115.9b15.9x21.9x1.2x
Mon, 09 May 2022€2.6t€2.1t€133.1b16.9x19.2x1.2x
Price to Earnings Ratio

19.2x


Total Market Cap: €2.6tTotal Earnings: €133.1bTotal Revenue: €2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
French Market Price to Earnings3Y Average 22.5x202320242025
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 22.5x.
Past Earnings Growth
  • The earnings for French listed companies have grown 2.3% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the French Market?

FR Market0.95%
Utilities3.34%
Consumer Staples2.49%
Telecom2.13%
Healthcare2.07%
Financials1.96%
Tech1.73%
Industrials1.05%
Real Estate0.97%
Materials0.96%
Consumer Discretionary-0.65%
Energy-2.45%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 26.1x.
    • 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 3.1% per year.
  • The Energy 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 7.7x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 26% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Energy sector is expected to see its earnings grow by 3.9% 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
OR L'Oréal€387.003.4%
+€6.8b
-12.2%PE32.3xConsumer Staples
AIR Airbus€147.144.7%
+€5.1b
-4.7%PE27.4xIndustrials
SAN Sanofi€95.903.8%
+€4.3b
5.0%PE18.9xHealthcare
HO Thales€244.904.7%
+€2.3b
52.1%PE49.9xIndustrials
GLE Société Générale Société anonyme€45.606.5%
+€2.2b
86.5%PB0.5xFinancials
See more
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Market Insights

The level of uncertainty has been off the charts lately. That’s why we’ve been talking about defensive strategies over the last few weeks. Playing defense is one way to take on an uncertain future...

Latest News

SAN

€95.90

Sanofi

7D

3.8%

1Y

5.0%

EL

€252.70

EssilorLuxottica Société anonyme

7D

-0.2%

1Y

25.1%

TTE

€51.16

TotalEnergies

7D

-3.0%

1Y

-22.9%

AIR

€147.14

Airbus

7D

4.7%

1Y

-4.7%

CS

€41.57

AXA

7D

2.5%

1Y

32.3%

OR

€387.00

L'Oréal

7D

3.4%

1Y

-12.2%

STMPA

€19.82

STMicroelectronics

7D

-2.9%

1Y

-46.7%

BNP

€74.29

BNP Paribas

7D

2.0%

1Y

9.8%

VU

€176.40

VusionGroup

7D

-10.5%

1Y

22.1%

ENGI

€18.19

Engie

7D

4.4%

1Y

19.7%

CDI

€452.40

Christian Dior

7D

-1.7%

1Y

-38.7%

ACA

€16.49

Crédit Agricole

7D

-2.3%

1Y

11.6%