3 Euronext Paris Stocks That Might Be Undervalued In October 2024

As global markets react to China's robust stimulus measures and European indices, including France's CAC 40, see significant gains, investors are keenly observing opportunities within the Euronext Paris. Despite mixed economic signals in the Eurozone, there may be undervalued stocks that present potential for growth. Identifying a good stock often involves looking at strong fundamentals and favorable market conditions. In light of recent economic developments, these factors could help pinpoint promising investments on the Euronext Paris.

Top 10 Undervalued Stocks Based On Cash Flows In France

Name	Current Price	Fair Value (Est)	Discount (Est)
SPIE (ENXTPA:SPIE)	€34.30	€53.51	35.9%
NSE (ENXTPA:ALNSE)	€29.80	€57.54	48.2%
Vivendi (ENXTPA:VIV)	€10.38	€18.09	42.6%
Lectra (ENXTPA:LSS)	€29.25	€53.55	45.4%
Groupe Berkem Société anonyme (ENXTPA:ALKEM)	€3.06	€5.08	39.8%
Exail Technologies (ENXTPA:EXA)	€17.50	€34.27	48.9%
Vogo (ENXTPA:ALVGO)	€3.33	€6.40	48%
Solutions 30 (ENXTPA:S30)	€1.428	€2.53	43.5%
VusionGroup (ENXTPA:VU)	€154.00	€257.54	40.2%
Pullup Entertainment Société anonyme (ENXTPA:ALPUL)	€22.30	€39.34	43.3%

Click here to see the full list of 22 stocks from our Undervalued Euronext Paris Stocks Based On Cash Flows screener.

Let's explore several standout options from the results in the screener.

Edenred (ENXTPA:EDEN)

Overview: Edenred SE operates a global digital platform offering services and payments for companies, employees, and merchants, with a market cap of €8.34 billion.

Operations: Edenred SE generates revenue of €2.50 billion from its Business Services segment, which includes digital solutions for companies, employees, and merchants worldwide.

Estimated Discount To Fair Value: 17.3%

Edenred SE reported strong half-year results with revenue of €1.40 billion and net income of €235 million, reflecting solid growth from the previous year. The company has completed a share buyback worth €115 million. Despite high debt levels and lower profit margins compared to last year, Edenred is trading at 17.3% below its estimated fair value of €41.15 per share, suggesting it may be undervalued based on cash flows.

• Our earnings growth report unveils the potential for significant increases in Edenred's future results.
• Click here to discover the nuances of Edenred 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 €5.72 billion.

Operations: Revenue Segments (in millions of €): Holdings: 23.80, Segment Adjustment: 6664.10, North-Western Europe: 1893.80, Global Services Energy: 684.90 The company's revenue segments include €1.89 billion from North-Western Europe and €684.90 million from Global Services Energy, along with contributions from Holdings and Segment Adjustments.

Estimated Discount To Fair Value: 35.9%

SPIE is trading at €34.3, significantly below its estimated fair value of €53.51, indicating it is undervalued based on cash flows. Despite a high debt level and unstable dividend track record, SPIE's earnings are forecast to grow 20.06% annually over the next three years, outpacing the French market's growth rate of 12.3%. Recent half-year results show sales increased to €4.66 billion from €4.13 billion last year, though net income declined to €56.75 million from €73.17 million.

• Upon reviewing our latest growth report, SPIE's projected financial performance appears quite optimistic.
• Delve into the full analysis health report here for a deeper understanding of SPIE.

Vivendi (ENXTPA:VIV)

Overview: Vivendi SE is an entertainment, media, and communication company operating across France, Europe, the Americas, Asia/Oceania, and Africa with a market cap of approximately €10.46 billion.

Operations: Vivendi SE generates revenue from various segments including Gameloft (€304 million), Havas Group (€2.92 billion), Prisma Media (€303 million), Canal+ Group (€6.20 billion), New Initiatives (€176 million), and Vivendi Village (€151 million).

Estimated Discount To Fair Value: 42.6%

Vivendi, trading at €10.38, is significantly undervalued compared to its estimated fair value of €18.09. The company's earnings are projected to grow 30.6% annually over the next three years, outpacing the French market's growth rate of 12.3%. Despite a low return on equity forecast (5.7%) and an unstable dividend track record, Vivendi's revenue is expected to grow faster than the market at 9.4% per year. Recent half-year results show sales nearly doubled to €9 billion from €4.7 billion last year, although net income slightly decreased to €159 million from €174 million.

• Insights from our recent growth report point to a promising forecast for Vivendi's business outlook.
• Dive into the specifics of Vivendi here with our thorough financial health report.

Key Takeaways

• Investigate our full lineup of 22 Undervalued Euronext Paris Stocks Based On Cash Flows right here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

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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