European Penny Stocks To Consider In December 2025

Simply Wall St

As the European markets continue to show resilience, with the STOXX Europe 600 Index climbing 2.35% and major indices across Germany, Italy, France, and the UK posting gains, investors are increasingly looking toward opportunities that might have been overlooked in more stable times. Penny stocks—often associated with smaller or newer companies—remain an intriguing area for those seeking growth potential at lower price points. Despite being a somewhat outdated term, these stocks can offer substantial value when backed by strong financials and solid fundamentals.

Top 10 Penny Stocks In Europe

NameShare PriceMarket CapRewards & Risks
Orthex Oyj (HLSE:ORTHEX)€4.64€82.4M✅ 4 ⚠️ 1 View Analysis >
Lucisano Media Group (BIT:LMG)€0.94€13.96M✅ 4 ⚠️ 5 View Analysis >
Angler Gaming (NGM:ANGL)SEK3.60SEK269.95M✅ 4 ⚠️ 2 View Analysis >
Angler Gaming (DB:0QM)€0.37€228.7M✅ 3 ⚠️ 3 View Analysis >
Enervit (BIT:ENV)€3.80€67.64M✅ 2 ⚠️ 3 View Analysis >
Libertas 7 (BME:LIB)€3.06€64.91M✅ 3 ⚠️ 3 View Analysis >
ForFarmers (ENXTAM:FFARM)€4.345€384.03M✅ 4 ⚠️ 1 View Analysis >
High (ENXTPA:HCO)€3.91€76.25M✅ 1 ⚠️ 5 View Analysis >
Deceuninck (ENXTBR:DECB)€2.255€311.69M✅ 3 ⚠️ 1 View Analysis >
Netgem (ENXTPA:ALNTG)€0.818€27.39M✅ 2 ⚠️ 2 View Analysis >

Click here to see the full list of 280 stocks from our European Penny Stocks screener.

Let's review some notable picks from our screened stocks.

DigiTouch (BIT:DGT)

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

Overview: DigiTouch S.p.A. offers digital marketing and transformation services in Italy with a market cap of €27.64 million.

Operations: The company's revenue is derived from Marketing Services (€10.89 million), E-Commerce Services (€3.16 million), and Technology Services (€24.65 million).

Market Cap: €27.64M

DigiTouch S.p.A. presents a mixed picture for penny stock investors, with strengths in financial stability and earnings growth. The company reported half-year revenue of €19.8 million, showing slight improvement from the previous year. Its short-term assets comfortably cover both short and long-term liabilities, indicating solid liquidity management. Earnings have grown significantly over five years but slowed to 6.6% last year, below its historical average yet outperforming industry trends. With interest payments well-covered by EBIT and debt levels reduced over time, DigiTouch trades at 52% below estimated fair value but has a low return on equity at 8.5%.

BIT:DGT Financial Position Analysis as at Dec 2025

Hawick Data (ENXTAM:HWK)

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

Overview: Hawick Data N.V. operates in the media advertising industry in the Netherlands, with a market cap of €9.28 million.

Operations: There are no reported revenue segments for this company.

Market Cap: €9.28M

Hawick Data N.V. offers a compelling yet complex profile for penny stock investors. Despite being pre-revenue with €2 million in revenue, it boasts significant earnings growth of 505.2% over the past year, surpassing its five-year average of 76.1%. The company operates debt-free, with short-term assets of €11 million exceeding liabilities significantly, suggesting strong liquidity management. However, recent earnings have declined to €0.04 million from €0.352 million a year ago, indicating potential volatility in profitability despite an outstanding return on equity at 82.5%. Trading at 29% below estimated fair value may present opportunities for risk-tolerant investors.

ENXTAM:HWK Debt to Equity History and Analysis as at Dec 2025

Glycorex Transplantation (NGM:GTAB B)

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

Overview: Glycorex Transplantation AB (publ) is a medical technology company specializing in transplantation, blood transfusion, and autoimmune diseases, with a market cap of SEK131.69 million.

Operations: The company generates revenue of SEK40.04 million from its Organ Transplantation segment.

Market Cap: SEK131.69M

Glycorex Transplantation AB presents a mixed picture for penny stock investors. The company is unprofitable, with a net loss of SEK 5.04 million over nine months, though this is an improvement from the previous year's SEK 8.92 million loss. Despite its unprofitability, Glycorex has a robust cash runway exceeding three years and maintains positive free cash flow, indicating financial resilience. Its short-term assets significantly surpass both short and long-term liabilities, suggesting sound liquidity management. However, the board's inexperience and lack of meaningful revenue growth remain concerns for potential investors seeking stability in their investments.

NGM:GTAB B Financial Position Analysis as at Dec 2025

Summing It All Up

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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