Stock Analysis

3 Undiscovered French Gems With Strong Potential

ENXTPA:ASY
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As the French CAC 40 Index experiences modest gains amid broader European market optimism, investors are increasingly looking towards smaller, lesser-known companies that may offer untapped potential. In this environment, identifying stocks with solid fundamentals and growth prospects becomes crucial for those seeking opportunities beyond the well-trodden paths of major indices.

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%★★★★★★
ADLPartner82.84%9.86%16.18%★★★★★☆
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 39 stocks from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener.

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

Assystem (ENXTPA:ASY)

Simply Wall St Value Rating: ★★★★★★

Overview: Assystem S.A. is a global provider of engineering and infrastructure project management services, with a market cap of €726.63 million.

Operations: Assystem S.A. generates revenue primarily from engineering and infrastructure project management services. The company's financial performance is reflected in its market cap of €726.63 million, with a focus on delivering specialized services across various sectors.

Assystem, a promising player in France's professional services sector, showcases robust financial health with cash exceeding total debt and a reduced debt-to-equity ratio from 22.8% to 20.4% over five years. Earnings soared by 137.7%, outpacing industry performance, despite being impacted by a €85M one-off gain this year. Trading at 9.4% below fair value estimates, Assystem was recently added to the S&P Global BMI Index, reflecting its growing market recognition amidst mixed earnings results for the first half of 2024.

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

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative (ENXTPA:CRBP2)

Simply Wall St Value Rating: ★★★★★★

Overview: Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative offers a variety of banking and financial services to diverse clients including individuals, farmers, and businesses in France, with a market cap of approximately €975 million.

Operations: Crédit Agricole Brie Picardie generates revenue primarily from its retail banking segment, amounting to approximately €626 million. The company's market cap is around €975 million.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie, a cooperative bank in France, showcases a robust financial structure with total assets of €42.2 billion and equity of €5 billion. The bank's allowance for bad loans stands at 115%, indicating solid risk management, while non-performing loans are kept low at 1.2%. With 91% of its liabilities funded through customer deposits, the institution enjoys a stable funding base. Trading significantly below fair value by 65%, the bank presents an intriguing opportunity for investors seeking undervalued financial entities.

ENXTPA:CRBP2 Debt to Equity as at Oct 2024
ENXTPA:CRBP2 Debt to Equity as at Oct 2024

Malteries Franco-Belges Société Anonyme (ENXTPA:MALT)

Simply Wall St Value Rating: ★★★★★★

Overview: Malteries Franco-Belges Société Anonyme focuses on producing and selling malt for brewers both in France and internationally, with a market capitalization of €342.23 million.

Operations: Malteries Franco-Belges Société Anonyme generates revenue primarily from its malt factory, amounting to €141.70 million. The company's market capitalization stands at €342.23 million.

Malteries Franco-Belges, a small player in the brewing industry, has shown impressive financial strides with earnings surging by 162% over the past year. This growth outpaces the broader food sector's 67%, highlighting its competitive edge. The company boasts a reduced debt-to-equity ratio from 2.4 to zero in five years, showcasing prudent financial management. Its price-to-earnings ratio of 9x suggests it might be undervalued compared to the French market's average of 14x.

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