3 Euronext Paris Stocks Estimated To Be Undervalued By Up To 42.2%

Amidst a cautiously optimistic European market, with the CAC 40 Index showing modest gains, investors are keenly observing opportunities in France as economic policies evolve. In this context, identifying undervalued stocks becomes crucial for those looking to capitalize on potential market inefficiencies.

Top 10 Undervalued Stocks Based On Cash Flows In France

Name	Current Price	Fair Value (Est)	Discount (Est)
SPIE (ENXTPA:SPIE)	€35.30	€54.01	34.6%
NSE (ENXTPA:ALNSE)	€29.60	€57.40	48.4%
Vivendi (ENXTPA:VIV)	€10.40	€18.00	42.2%
Groupe Berkem Société anonyme (ENXTPA:ALKEM)	€3.09	€5.10	39.4%
EKINOPS (ENXTPA:EKI)	€4.03	€6.08	33.7%
Solutions 30 (ENXTPA:S30)	€1.181	€2.33	49.3%
Vogo (ENXTPA:ALVGO)	€3.24	€6.27	48.4%
Prodways Group (ENXTPA:PWG)	€0.525	€0.80	34.5%
Exail Technologies (ENXTPA:EXA)	€17.36	€29.49	41.1%
OVH Groupe (ENXTPA:OVH)	€6.825	€12.03	43.3%

Click here to see the full list of 19 stocks from our Undervalued Euronext Paris Stocks Based On Cash Flows screener.

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

Safran (ENXTPA:SAF)

Overview: Safran SA, along with its subsidiaries, operates in the aerospace and defense sectors globally, with a market cap of €87.65 billion.

Operations: The company generates revenue through its key segments, including Aerospace Propulsion (€12.66 billion), Aeronautical Equipment, Defense and Aerosystems (€9.91 billion), and Aircraft Interiors (€2.73 billion).

Estimated Discount To Fair Value: 27.6%

Safran is trading at €208.5, significantly below its estimated fair value of €287.99, suggesting it may be undervalued based on discounted cash flow analysis. Despite a decline in profit margins and net income for the first half of 2024, Safran's earnings and revenue are forecast to grow faster than the French market average. The company expects full-year 2024 revenue around €27.4 billion, indicating potential for recovery and growth.

• In light of our recent growth report, it seems possible that Safran's financial performance will exceed current levels.
• Click here to discover the nuances of Safran with our detailed financial health report.

SPIE (ENXTPA:SPIE)

Overview: SPIE SA offers multi-technical services in energy and communications across France, Germany, the Netherlands, and internationally, with a market cap of €5.89 billion.

Operations: The company's revenue segments include €1.89 billion from North-Western Europe and €684.90 million from Global Services Energy.

Estimated Discount To Fair Value: 34.6%

SPIE is trading at €35.3, which is 34.6% below its estimated fair value of €54.01, highlighting potential undervaluation based on discounted cash flow analysis. Despite a decrease in net income for the first half of 2024, SPIE's earnings are projected to grow significantly at 20% annually over the next three years, outpacing French market averages. However, high debt levels and an unstable dividend track record present challenges to consider in evaluating its financial health.

• Our expertly prepared growth report on SPIE implies its future financial outlook may be stronger than recent results.
• Dive into the specifics of SPIE here with our thorough financial health report.

Vivendi (ENXTPA:VIV)

Overview: Vivendi SE is an entertainment, media, and communication company with operations across France, Europe, the Americas, Asia/Oceania, and Africa, holding a market cap of approximately €10.48 billion.

Operations: The company's revenue segments include Canal+ Group (€6.20 billion), Havas Group (€2.92 billion), Gameloft (€304 million), Prisma Media (€303 million), Vivendi Village (€151 million), and New Initiatives (€176 million).

Estimated Discount To Fair Value: 42.2%

Vivendi is trading at €10.4, significantly below its estimated fair value of €18, suggesting potential undervaluation based on discounted cash flow analysis. Despite a slight decline in net income for the first half of 2024, Vivendi's earnings are forecast to grow substantially at 30.6% annually over the next three years, surpassing French market averages. However, its low projected return on equity and unstable dividend history may warrant caution for investors assessing long-term value.

• Our growth report here indicates Vivendi may be poised for an improving outlook.
• Delve into the full analysis health report here for a deeper understanding of Vivendi.

Turning Ideas Into Actions

• Delve into our full catalog of 19 Undervalued Euronext Paris Stocks Based On Cash Flows here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
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Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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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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