3 European Penny Stocks With Market Caps Under €1B

The European market has shown resilience, with the pan-European STOXX Europe 600 Index rising by 0.90% as inflation slowed and the European Central Bank eased monetary policy. Amidst these developments, investors are increasingly interested in exploring opportunities within smaller companies that offer potential for growth at lower price points. While the term "penny stocks" might seem outdated, it still captures the essence of investing in smaller or newer companies that can provide value and growth potential when backed by strong financials.

Top 10 Penny Stocks In Europe

Click here to see the full list of 445 stocks from our European Penny Stocks screener.

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

Enapter (DB:H2O)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Enapter AG designs, manufactures, and sells hydrogen generators with a market cap of €79.66 million.

Operations: The company generates €24.82 million in revenue from designing and producing hydrogen generators.

Market Cap: €79.66M

Enapter AG, with a market cap of €79.66 million, is navigating the penny stock landscape by leveraging its advancements in hydrogen production technology. Recent announcements highlight significant efficiency improvements in their AEM megawatt electrolyzers and robust demand, evidenced by a substantial order from Greece. Despite these technological strides, Enapter faces financial challenges, including an increased net loss of €20.73 million for 2024 and auditor concerns about its viability as a going concern. The company's strategic initiatives include AI-driven optimizations and partnerships to enhance product offerings but are counterbalanced by high debt levels and short cash runway forecasts.

• Navigate through the intricacies of Enapter with our comprehensive balance sheet health report here.
• Explore Enapter's analyst forecasts in our growth report.

Glenveagh Properties (ISE:GVR)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Glenveagh Properties PLC, along with its subsidiaries, focuses on constructing and selling houses and apartments for private buyers, local authorities, and the private rental sector in Ireland, with a market cap of approximately €989.50 million.

Operations: The company generates revenue through three main segments: Suburban (€631.28 million), Partnerships (€120.01 million), and Urban (€117.91 million).

Market Cap: €989.5M

Glenveagh Properties, with a market cap of €989.50 million, is actively expanding its housing and apartment construction business in Ireland. The company has demonstrated strong revenue growth across its Suburban, Partnerships, and Urban segments, with total sales reaching €869.2 million for 2024. Earnings have improved significantly over the past year by 107.5%, supported by stable weekly volatility and satisfactory debt levels with interest well covered by EBIT (6.9x). Recent guidance confirms confidence in delivering 1,500 home units and achieving significant revenue from partnerships in 2025 while maintaining a robust land portfolio strategy and completing share buybacks worth €44.3 million.

• Get an in-depth perspective on Glenveagh Properties' performance by reading our balance sheet health report here.
• Understand Glenveagh Properties' earnings outlook by examining our growth report.

Viscom (XTRA:V6C)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Viscom SE develops, manufactures, and sells inspection systems for industrial production applications across Europe, the Americas, and Asia with a market cap of €42.65 million.

Operations: The company's revenue segments include Asia with €28.91 million and the Americas with €12.26 million.

Market Cap: €42.65M

Viscom SE, with a market cap of €42.65 million, has shown resilience despite recent challenges in its financial performance. The company reported first-quarter 2025 revenue of €20.25 million, an increase from the previous year, while reducing its net loss to €0.266 million from €1.96 million a year ago. Viscom's debt is well-covered by operating cash flow (72.6%), and it trades at good value compared to peers and industry standards, though its share price remains highly volatile. Despite being unprofitable with increasing losses over five years, Viscom maintains satisfactory debt levels and strong asset coverage for liabilities.

• Click here and access our complete financial health analysis report to understand the dynamics of Viscom.
• Assess Viscom's future earnings estimates with our detailed growth reports.

Make It Happen

• Gain an insight into the universe of 445 European Penny Stocks by clicking here.
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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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