Discover 3 European Penny Stocks With Market Caps Under €90M

As the European markets navigate a landscape of mixed returns and steady inflation, investors are exploring diverse opportunities beyond traditional blue-chip stocks. Penny stocks, though an older term, continue to represent intriguing prospects for those interested in smaller or newer companies. With solid financial foundations and potential for growth at lower price points, these stocks offer a unique opportunity to uncover hidden value within the market.

Top 10 Penny Stocks In Europe

Name	Share Price	Market Cap	Rewards & Risks
Maps (BIT:MAPS)	€3.44	€45.69M	✅ 4 ⚠️ 2 View Analysis >
Angler Gaming (NGM:ANGL)	SEK3.60	SEK269.95M	✅ 4 ⚠️ 2 View Analysis >
IAMBA Arad (BVB:FERO)	RON0.51	RON17.25M	✅ 2 ⚠️ 4 View Analysis >
Cellularline (BIT:CELL)	€2.83	€59.69M	✅ 4 ⚠️ 2 View Analysis >
Fondia Oyj (HLSE:FONDIA)	€4.72	€17.65M	✅ 2 ⚠️ 3 View Analysis >
Abak (WSE:ABK)	PLN4.20	PLN11.32M	✅ 2 ⚠️ 4 View Analysis >
Bredband2 i Skandinavien (OM:BRE2)	SEK2.455	SEK2.35B	✅ 4 ⚠️ 1 View Analysis >
Hifab Group (OM:HIFA B)	SEK3.64	SEK221.45M	✅ 2 ⚠️ 2 View Analysis >
Deceuninck (ENXTBR:DECB)	€2.115	€292.01M	✅ 3 ⚠️ 1 View Analysis >
Netgem (ENXTPA:ALNTG)	€0.978	€32.98M	✅ 3 ⚠️ 2 View Analysis >

Click here to see the full list of 326 stocks from our European Penny Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Ilkka Oyj (HLSE:ILKKA2)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Ilkka Oyj, with a market cap of €88.10 million, operates in the publishing and printing sectors both in Finland and internationally through its subsidiaries.

Operations: The company generates revenue primarily from its Marketing and Technology Services segment, which accounted for €32.64 million.

Market Cap: €88.1M

Ilkka Oyj, with a market cap of €88.10 million, has shown mixed financial performance recently. The company reported a net loss of €0.992 million in Q1 2025 despite an increase in sales to €9.42 million from the previous year. While its short-term assets exceed both short and long-term liabilities, indicating strong liquidity management, profit margins have decreased from last year and earnings growth has been negative over the past year. Although debt is well-covered by operating cash flow and there's no recent shareholder dilution, the dividend is not well-supported by earnings or cash flows, highlighting potential sustainability concerns.

• Unlock comprehensive insights into our analysis of Ilkka Oyj stock in this financial health report.
• Assess Ilkka Oyj's future earnings estimates with our detailed growth reports.

Orthex Oyj (HLSE:ORTHEX)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Orthex Oyj is a houseware company that designs, produces, markets, and sells household products across the Nordics, Europe, and internationally with a market cap of €82.93 million.

Operations: The company's revenue is primarily derived from its Housewares & Accessories segment, amounting to €88.70 million.

Market Cap: €82.93M

Orthex Oyj, with a market cap of €82.93 million, trades at 43.5% below its estimated fair value and has not seen significant shareholder dilution over the past year. Its short-term assets exceed both short and long-term liabilities, demonstrating solid liquidity management. The company's debt is well-covered by operating cash flow and interest payments are adequately covered by EBIT. Despite a decline in earnings growth over the past year, Orthex maintains high-quality earnings and offers dividends of €0.22 per share for 2024 paid in two instalments. However, net profit margins have decreased from last year’s figures.

• Click here to discover the nuances of Orthex Oyj with our detailed analytical financial health report.
• Explore Orthex Oyj's analyst forecasts in our growth report.

Sevenet (WSE:SEV)

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Sevenet S.A. is an IT company that offers ICT solutions to enterprises and institutions mainly in Poland, with a market cap of PLN28.26 million.

Operations: The company generates revenue from its Computer Networks segment, totaling PLN148.48 million.

Market Cap: PLN28.26M

Sevenet S.A., with a market cap of PLN28.26 million, shows mixed financial health typical of penny stocks. The company's revenue from its Computer Networks segment reached PLN148.48 million, indicating it is not pre-revenue. Despite a significant reduction in debt over the past five years and having more cash than debt, Sevenet's earnings have declined by 19.2% annually over the same period, with recent profit margins dropping to 0.9%. While short-term assets cover short-term liabilities adequately, long-term liabilities remain uncovered by current assets, and dividends are not well-supported by free cash flow.

• Get an in-depth perspective on Sevenet's performance by reading our balance sheet health report here.
• Gain insights into Sevenet's historical outcomes by reviewing our past performance report.

Next Steps

• Dive into all 326 of the European Penny Stocks we have identified here.
• Interested In Other Possibilities? We've found 16 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free.

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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