October 2024's Top Growth Picks On Euronext Paris

As the French CAC 40 Index recently experienced a decline amid escalating Middle East tensions and cautious investor sentiment, the broader European market is also witnessing shifts with expectations of an interest rate cut by the ECB due to slowing growth and inflation. In such a volatile environment, stocks with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the company's operations, making them potential candidates for growth-focused investors seeking resilience in uncertain times.

Top 10 Growth Companies With High Insider Ownership In France

Name	Insider Ownership	Earnings Growth
Groupe OKwind Société anonyme (ENXTPA:ALOKW)	20.6%	36%
VusionGroup (ENXTPA:VU)	13.4%	81.7%
Icape Holding (ENXTPA:ALICA)	30.2%	33.9%
Arcure (ENXTPA:ALCUR)	21.4%	26.6%
La Française de l'Energie (ENXTPA:FDE)	19.9%	31.9%
S.M.A.I.O (ENXTPA:ALSMA)	17.4%	35.2%
STIF Société anonyme (ENXTPA:ALSTI)	16.4%	28.5%
Adocia (ENXTPA:ADOC)	11.9%	64%
Munic (ENXTPA:ALMUN)	27.1%	174.1%
MedinCell (ENXTPA:MEDCL)	15.8%	93.9%

Click here to see the full list of 21 stocks from our Fast Growing Euronext Paris Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Exclusive Networks (ENXTPA:EXN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Exclusive Networks SA is a global cybersecurity specialist focusing on digital infrastructure, with a market cap of €2.13 billion.

Operations: The company's revenue segments are distributed across APAC (€480 million), EMEA (€4.19 billion), and the Americas (€705 million).

Insider Ownership: 13.1%

Earnings Growth Forecast: 33.5% p.a.

Exclusive Networks, a French cybersecurity firm, is undergoing a significant transition as Clayton, Dubilier & Rice and Permira propose to take it private in a €2.2 billion deal. Currently 66.7% owned by insiders including Permira and founder Olivier Breittmayer, the company is poised for substantial earnings growth at 33.5% annually over the next three years, outpacing the French market's average. The transaction includes an exceptional distribution of €5.29 per share and reflects insider confidence in Exclusive Networks' future trajectory despite recent profit margin declines.

• Click to explore a detailed breakdown of our findings in Exclusive Networks' earnings growth report.
• Our comprehensive valuation report raises the possibility that Exclusive Networks is priced higher than what may be justified by its financials.

MedinCell (ENXTPA:MEDCL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: MedinCell S.A. is a pharmaceutical company based in France that specializes in developing long-acting injectables across various therapeutic areas, with a market cap of €443.88 million.

Operations: The company's revenue is primarily derived from its Pharmaceuticals segment, amounting to €11.95 million.

Insider Ownership: 15.8%

Earnings Growth Forecast: 93.9% p.a.

MedinCell, recently added to the S&P Global BMI Index, is experiencing transformative changes with a new Board of Directors and CEO. The company anticipates robust revenue growth of 46.2% annually, significantly outpacing the French market's average. Strategic partnerships, such as with AbbVie and Teva, bolster its innovative BEPO® technology platform. Despite negative shareholders' equity, MedinCell is expected to achieve profitability within three years and has secured substantial milestone payments and royalties from collaborations.

• Click here and access our complete growth analysis report to understand the dynamics of MedinCell.
• Our valuation report unveils the possibility MedinCell's shares may be trading at a discount.

OVH Groupe (ENXTPA:OVH)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: OVH Groupe S.A. is a global provider of public and private cloud services, shared hosting, and dedicated server solutions with a market cap of approximately €1.26 billion.

Operations: The company's revenue is derived from three primary segments: Public Cloud (€169.01 million), Private Cloud (€589.61 million), and Web Cloud & Other (€185.43 million).

Insider Ownership: 10.5%

Earnings Growth Forecast: 101.1% p.a.

OVH Groupe is trading at 26% below its estimated fair value, positioning it as a potentially attractive investment. The company is forecast to achieve revenue growth of 9.7% annually, outpacing the French market average of 5.7%. While earnings are expected to grow significantly at over 100% per year, OVH's Return on Equity remains low with forecasts indicating profitability within three years. Despite recent share price volatility, no substantial insider trading activity has been reported in the past three months.

• Navigate through the intricacies of OVH Groupe with our comprehensive analyst estimates report here.
• Our comprehensive valuation report raises the possibility that OVH Groupe is priced lower than what may be justified by its financials.

Taking Advantage

• Unlock more gems! Our Fast Growing Euronext Paris Companies With High Insider Ownership screener has unearthed 18 more companies for you to explore.Click here to unveil our expertly curated list of 21 Fast Growing Euronext Paris Companies With High Insider Ownership.
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Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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• 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.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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