Stock Analysis

Undiscovered Gems in France to Explore This October 2024

ENXTPA:CNDF
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As European markets face heightened caution due to escalating Middle East tensions, France's CAC 40 Index has seen a notable decline of 3.21%, reflecting the broader sentiment in the region. Amid these challenges, investors are increasingly looking towards small-cap companies that demonstrate resilience and potential for growth, particularly those with strong fundamentals and innovative strategies that can navigate current uncertainties effectively.

Top 10 Undiscovered Gems With Strong Fundamentals In France

NameDebt To EquityRevenue GrowthEarnings GrowthHealth Rating
Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative34.89%3.23%3.61%★★★★★★
Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative10.84%3.22%6.38%★★★★★★
EssoF1.19%11.14%41.41%★★★★★★
Gévelot0.25%10.64%20.33%★★★★★★
VIEL & Cie société anonyme54.02%5.66%19.86%★★★★★☆
ADLPartner120.47%9.86%16.17%★★★★★☆
Caisse Regionale de Credit Agricole Mutuel Toulouse 3114.94%0.59%5.95%★★★★★☆
La Forestière Equatoriale0.00%-50.76%49.41%★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative391.01%4.67%17.31%★★★★☆☆
Société Fermière du Casino Municipal de Cannes11.60%6.69%10.30%★★★★☆☆

Click here to see the full list of 38 stocks from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative (ENXTPA:CNDF)

Simply Wall St Value Rating: ★★★★★★

Overview: Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative offers a range of banking products and financial services in France, with a market capitalization of €693.33 million.

Operations: CNDF generates revenue primarily from its retail banking segment, amounting to €623.64 million.

With total assets of €38.9 billion and equity at €5.5 billion, CNDF stands out with its primarily low-risk funding, as 95% of liabilities are customer deposits. The bank's allowance for bad loans is sufficient at 102%, while non-performing loans sit comfortably at 1.5%. Earnings growth over the past year was a robust 31.6%, surpassing industry norms, and the stock trades significantly below estimated fair value by 63.6%.

ENXTPA:CNDF Earnings and Revenue Growth as at Oct 2024
ENXTPA:CNDF Earnings and Revenue Growth as at Oct 2024

EssoF (ENXTPA:ES)

Simply Wall St Value Rating: ★★★★★★

Overview: Esso S.A.F. is engaged in the refining, distribution, and marketing of refined petroleum products in France and internationally, with a market capitalization of €1.78 billion.

Operations: Esso S.A.F. generates revenue primarily through its refining and distribution segment, which accounted for €18.93 billion. The company's financial performance is influenced by its ability to manage costs within these operations, impacting profitability metrics such as gross profit margin or net profit margin.

EssoF, a notable player in the energy sector, has shown resilience despite recent challenges. Over the past five years, its debt to equity ratio impressively dropped from 5.8 to 1.2, reflecting stronger financial health. The company reported high-quality earnings and is trading at a significant discount of 96% below its estimated fair value. Despite becoming profitable this year with net income at €116 million for the half-year ending June 2024, share prices have been volatile recently.

ENXTPA:ES Debt to Equity as at Oct 2024
ENXTPA:ES Debt to Equity as at Oct 2024

CFM Indosuez Wealth Management (ENXTPA:MLCFM)

Simply Wall St Value Rating: ★★★★★☆

Overview: CFM Indosuez Wealth Management SA, along with its subsidiaries, offers banking and financial solutions to private investors, businesses, institutions, and professionals in Monaco and internationally, with a market cap of €710.52 million.

Operations: CFM Indosuez Wealth Management generates revenue primarily from its wealth management segment, which amounts to €196.38 million. The company's net profit margin is a key financial metric to consider when evaluating its profitability.

With assets totaling €7.7B and equity of €404.3M, CFM Indosuez Wealth Management stands out with its robust financial health. The bank's earnings surged by 40% last year, significantly outpacing the industry average of 4%. Its liabilities are largely low-risk due to customer deposits making up 85%, while non-performing loans remain minimal at 0.8%. Additionally, a price-to-earnings ratio of 11.7x suggests potential value compared to the broader French market's 14.3x.

ENXTPA:MLCFM Earnings and Revenue Growth as at Oct 2024
ENXTPA:MLCFM Earnings and Revenue Growth as at Oct 2024

Summing It All Up

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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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