Undiscovered Gems in France to Explore This October 2024

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

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative	34.89%	3.23%	3.61%	★★★★★★
Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative	10.84%	3.22%	6.38%	★★★★★★
EssoF	1.19%	11.14%	41.41%	★★★★★★
Gévelot	0.25%	10.64%	20.33%	★★★★★★
VIEL & Cie société anonyme	54.02%	5.66%	19.86%	★★★★★☆
ADLPartner	120.47%	9.86%	16.17%	★★★★★☆
Caisse Regionale de Credit Agricole Mutuel Toulouse 31	14.94%	0.59%	5.95%	★★★★★☆
La Forestière Equatoriale	0.00%	-50.76%	49.41%	★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative	391.01%	4.67%	17.31%	★★★★☆☆
Société Fermière du Casino Municipal de Cannes	11.60%	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%.

• Click here to discover the nuances of Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative with our detailed analytical health report.

• Assess Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative's past performance with our detailed historical performance reports.

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.

• Click here and access our complete health analysis report to understand the dynamics of EssoF.

• Gain insights into EssoF's historical performance by reviewing our past performance report.

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.

• Take a closer look at CFM Indosuez Wealth Management's potential here in our health report.

• Evaluate CFM Indosuez Wealth Management's historical performance by accessing our past performance report.

Summing It All Up

• Explore the 38 names from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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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