As global markets face volatility and economic indicators show mixed signals, the French market has not been immune to these fluctuations. The CAC 40 Index dropped by 3.54% recently, reflecting broader concerns about growth and inflation in the Eurozone. In such an environment, identifying promising stocks requires a keen eye for companies that demonstrate resilience and potential for growth despite market headwinds. Here are three undiscovered gems in France to watch this August 2024.
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% | ★★★★★★ |
| Gévelot | 0.25% | 10.64% | 20.33% | ★★★★★★ |
| EssoF | 1.60% | 11.16% | 41.41% | ★★★★★★ |
| VIEL & Cie société anonyme | 63.16% | 5.00% | 16.26% | ★★★★★☆ |
| Exacompta Clairefontaine | 30.44% | 6.92% | 31.73% | ★★★★★☆ |
| ADLPartner | 86.83% | 9.59% | 11.00% | ★★★★★☆ |
| 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% | ★★★★☆☆ |
| Société Industrielle et Financière de l'Artois Société anonyme | 2.93% | -1.09% | 8.31% | ★★★★☆☆ |
Here we highlight a subset of our preferred stocks from the screener.
Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative (ENXTPA:CRAP)
Simply Wall St Value Rating: ★★★★☆☆
Overview: Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative offers a range of banking products and services in France, with a market cap of €535.91 million.
Operations: The company generates revenue primarily through its banking products and services in France. It has a market cap of €535.91 million.
Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative, with total assets of €26.2B and equity of €3.3B, reported net income of €92.26M for the first half of 2024, up from €81.18M last year. Total deposits stand at €9B against loans totaling €18.8B, reflecting a solid loan-to-deposit ratio. The company has an appropriate level of bad loans at 1.7% and a sufficient allowance for these bad loans at 108%.
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)
Simply Wall St Value Rating: ★★★★★★
Overview: Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative offers a range of banking products and services to diverse clients in France, including individuals, professionals, farmers, businesses, and public sector entities; its market cap is €929.51 million.
Operations: Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative generates revenue through a variety of banking products and services aimed at different client segments in France. The company’s net profit margin stands at 14.23%.
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative, with €35.3B in total assets and €5.2B in equity, showcases a robust financial foundation. Total deposits stand at €28.2B against loans of €28.4B, reflecting a balanced lending approach. The bank's earnings grew by 1.3% last year, outpacing the industry average of -11%. With an allowance for bad loans at 136% and non-performing loans at 1.4%, it demonstrates prudent risk management practices while trading significantly below its estimated fair value by 68%.
Financière Moncey Société anonyme (ENXTPA:FMONC)
Simply Wall St Value Rating: ★★★★★★
Overview: Financière Moncey Société anonyme is a holding company that manages a portfolio of investments in France, with a market cap of €1.48 billion.
Operations: Financière Moncey Société anonyme generates revenue through its portfolio of investments in France. The company has a market cap of €1.48 billion and operates primarily within the investment management sector.
Financière Moncey Société anonyme, a lesser-known entity in France, has demonstrated impressive financial health with no debt on its balance sheet. Over the past year, earnings surged by 41.7%, outpacing the Diversified Financial industry’s -1% performance. The company repurchased shares in 2024, reflecting confidence in its prospects. With high-quality earnings and free cash flow positive at US$8.18M as of Dec 31, 2023, FMONC appears well-positioned for continued growth within its niche market segment.
Where To Now?
- Click through to start exploring the rest of the 35 Euronext Paris Undiscovered Gems With Strong Fundamentals now.
- Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
- Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.
Ready To Venture Into Other Investment Styles?
- 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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About ENXTPA:CRLA
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative
Provides various banking products and services to individuals, professionals and associations, farmers, businesses, private banking customers, and public and social housing community clients in France.
Flawless balance sheet, good value and pays a dividend.
