Stock Analysis

Exploring Undiscovered Gems in France This October 2024

ENXTPA:NRO
Source: Shutterstock

Amidst the backdrop of geopolitical tensions in the Middle East and cautious investor sentiment, France's CAC 40 Index recently experienced a notable decline of 3.21%. This environment highlights the importance of identifying resilient companies with strong fundamentals that can withstand market volatility, making it an opportune moment to explore some lesser-known yet promising stocks in France.

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%★★★★★★
ADLPartner86.83%9.86%16.17%★★★★★☆
VIEL & Cie société anonyme54.02%5.66%19.86%★★★★★☆
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 37 stocks from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener.

We'll examine a selection from our screener results.

EssoF (ENXTPA:ES)

Simply Wall St Value Rating: ★★★★★★

Overview: Esso S.A.F. is engaged in refining, distributing, and marketing refined petroleum products across France and internationally with a market capitalization of approximately €1.77 billion.

Operations: With a primary focus on refining and distribution, Esso S.A.F. generates revenue of €18.93 billion from these activities.

Esso S.A.F., a notable player in the oil and gas sector, has shown significant financial shifts recently. The company reported sales of €9 billion for the first half of 2024, slightly down from €9.32 billion last year, while net income decreased to €116 million from €265.6 million. Despite this dip, Esso's debt-to-equity ratio improved dramatically from 5.8 to 1.2 over five years, indicating stronger financial health and potential resilience against industry challenges.

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 both in Monaco and internationally, with a market cap of €716.25 million.

Operations: CFM Indosuez Wealth Management generates revenue primarily from its wealth management segment, which contributed €196.38 million. The company's financial performance is influenced by its ability to manage costs effectively, impacting its net profit margin.

With a price-to-earnings ratio of 11.8x, CFM Indosuez Wealth Management stands out for its value compared to the French market average of 14.3x. The company boasts total assets of €7.7 billion and equity of €404 million, with deposits reaching €6.2 billion against loans totaling €3.2 billion. Impressively, earnings surged by 40% over the past year, outpacing the banking industry's modest 4% growth rate while maintaining an appropriate bad loan level at just 0.8%.

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

Neurones (ENXTPA:NRO)

Simply Wall St Value Rating: ★★★★★☆

Overview: Neurones S.A. is an information technology services company offering infrastructure, application, and consulting services both in France and internationally, with a market cap of €1.08 billion.

Operations: Neurones generates revenue primarily from infrastructure services (€483.86 million), application services (€236.52 million), and consulting (€54.53 million).

Neurones, a nimble player in the IT sector, showcases a robust financial profile with high-quality earnings and more cash than its total debt. Despite an increase in its debt-to-equity ratio to 2.8% over five years, the company remains profitable with free cash flow of €42.92 million as of June 2024. Recent earnings showed revenue climbing to €402.43 million, although net income slightly dipped to €24.5 million from last year’s €25.42 million, reflecting stable performance amidst industry challenges.

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

Where To Now?

Curious About Other Options?

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.

Valuation is complex, but we're here to simplify it.

Discover if Neurones might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com