European Stocks Estimated Below Intrinsic Value In December 2025

Simply Wall St

As European markets navigate a period of mixed performance, with the pan-European STOXX Europe 600 Index ending slightly lower and varied results across major indices like Germany’s DAX and France’s CAC 40, investors are keenly observing economic indicators for potential opportunities. In this context, identifying stocks that are estimated to be below their intrinsic value becomes crucial, as these could offer potential for growth despite broader market uncertainties.

Top 10 Undervalued Stocks Based On Cash Flows In Europe

NameCurrent PriceFair Value (Est)Discount (Est)
YIT Oyj (HLSE:YIT)€3.048€5.9849%
Unimot (WSE:UNT)PLN129.00PLN257.5449.9%
Straumann Holding (SWX:STMN)CHF94.80CHF187.4849.4%
Rheinmetall (XTRA:RHM)€1527.00€3012.6149.3%
Jæren Sparebank (OB:JAREN)NOK378.95NOK754.1649.8%
Inission (OM:INISS B)SEK48.90SEK96.1449.1%
Esautomotion (BIT:ESAU)€3.12€6.1549.2%
Circle (BIT:CIRC)€8.02€15.7249%
Allegro.eu (WSE:ALE)PLN30.445PLN60.3149.5%
Aker BioMarine (OB:AKBM)NOK91.20NOK178.5248.9%

Click here to see the full list of 187 stocks from our Undervalued European Stocks Based On Cash Flows screener.

Let's dive into some prime choices out of the screener.

Línea Directa Aseguradora Compañía de Seguros y Reaseguros (BME:LDA)

Overview: Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros operates in the insurance and reinsurance sectors across Spain and Portugal, with a market cap of approximately €1.19 billion.

Operations: The company's revenue segments include Motor insurance at €879.56 million, Home insurance at €166.52 million, and Health insurance at €36.96 million.

Estimated Discount To Fair Value: 29.8%

Línea Directa Aseguradora appears undervalued, trading at €1.1 against a fair value estimate of €1.56, offering a 29.8% discount. Recent earnings growth of 70.2% and forecasted annual profit growth of 12.07% suggest robust financial health, with revenue expected to outpace the Spanish market at 6.5%. Despite an unstable dividend track record, analysts anticipate a price rise by 20.3%, supported by strong return on equity projections reaching 24.5% in three years.

BME:LDA Discounted Cash Flow as at Dec 2025

Talgo (BME:TLGO)

Overview: Talgo, S.A. specializes in the design, manufacture, and maintenance of railway and auxiliary machinery for railway systems globally, with a market cap of €347.82 million.

Operations: The company's revenue is primarily derived from its Rolling Stock segment, generating €532.19 million, and the Auxiliary Machines segment, contributing €60.97 million.

Estimated Discount To Fair Value: 47.1%

Talgo is trading at €2.83, significantly below its fair value estimate of €5.35, indicating a large undervaluation based on discounted cash flow analysis. Despite recent volatility and a net loss of €64.04 million for the first half of 2025, Talgo's earnings are forecast to grow by 97.59% annually and become profitable within three years, outpacing the Spanish market's revenue growth rate of 4.7%. Analyst consensus suggests a potential price increase of 24.6%.

BME:TLGO Discounted Cash Flow as at Dec 2025

Sword Group (ENXTPA:SWP)

Overview: Sword Group S.E. provides IT and software solutions, with a market cap of €334 million.

Operations: The company's revenue segments include €108.49 million from Services in Belux, €124.26 million from Services in Switzerland, and €109.19 million from Services in the United Kingdom.

Estimated Discount To Fair Value: 35.7%

Sword Group, trading at €35.35, is undervalued compared to its fair value of €54.95 based on discounted cash flow analysis. Despite challenges with debt coverage by operating cash flow and a dividend not well covered by earnings or free cash flows, the company shows strong growth potential. Earnings are forecast to grow 18.15% annually, outpacing the French market's 12.3%. Recent acquisitions and index inclusion may bolster strategic positioning and investor confidence.

ENXTPA:SWP Discounted Cash Flow as at Dec 2025

Key Takeaways

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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