European Penny Stocks To Watch In November 2025

Simply Wall St

As European markets grapple with concerns over inflated AI stock valuations and shifting interest rate expectations, the pan-European STOXX Europe 600 Index recently ended 2.21% lower. In this context, penny stocks — a term that may seem outdated but still captures the essence of smaller or less-established companies — can present unique opportunities for investors. By focusing on those with strong financials and clear growth potential, these stocks might offer both stability and upside in a market characterized by volatility.

Top 10 Penny Stocks In Europe

NameShare PriceMarket CapRewards & Risks
Ariston Holding (BIT:ARIS)€4.076€1.41B✅ 5 ⚠️ 2 View Analysis >
Orthex Oyj (HLSE:ORTHEX)€4.69€83.29M✅ 4 ⚠️ 1 View Analysis >
Lucisano Media Group (BIT:LMG)€1.03€15.3M✅ 4 ⚠️ 5 View Analysis >
Angler Gaming (NGM:ANGL)SEK3.60SEK269.95M✅ 4 ⚠️ 2 View Analysis >
Angler Gaming (DB:0QM)€0.37€232.45M✅ 3 ⚠️ 3 View Analysis >
Libertas 7 (BME:LIB)€3.12€66.18M✅ 3 ⚠️ 3 View Analysis >
ForFarmers (ENXTAM:FFARM)€4.33€382.71M✅ 4 ⚠️ 1 View Analysis >
High (ENXTPA:HCO)€3.85€75.08M✅ 1 ⚠️ 5 View Analysis >
Deceuninck (ENXTBR:DECB)€2.20€304.09M✅ 3 ⚠️ 1 View Analysis >
Netgem (ENXTPA:ALNTG)€0.858€28.73M✅ 2 ⚠️ 2 View Analysis >

Click here to see the full list of 276 stocks from our European Penny Stocks screener.

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

MEMSCAP (ENXTPA:MEMS)

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

Overview: MEMSCAP, S.A. offers micro-electro-mechanical systems (MEMS) based solutions across aerospace and defense, optical communications, medical, and biomedical sectors globally with a market cap of €29.97 million.

Operations: MEMSCAP does not report specific revenue segments.

Market Cap: €29.97M

MEMSCAP, S.A., with a market cap of €29.97 million, offers promising potential in the penny stock realm through its micro-electro-mechanical systems (MEMS) solutions across various sectors. Despite a recent decline in net profit margins to 6.4% from 13.5% last year and negative earnings growth over the past year, MEMSCAP's financials show stability with satisfactory debt levels and well-covered interest payments by EBIT. Recent developments include a strategic contract with Parker Hannifin Corporation for aerospace applications, highlighting growth opportunities in high-performance pressure sensing solutions within an expansive market valued at several hundreds of millions annually.

ENXTPA:MEMS Debt to Equity History and Analysis as at Nov 2025

Eniro Group (OM:ENRO)

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

Overview: Eniro Group AB (publ) is a software-as-a-service company operating in Sweden, Norway, Denmark, and Finland with a market cap of approximately SEK300.67 million.

Operations: The company's revenue is derived from two main segments: Dynava, contributing SEK334 million, and Marketing Partner, contributing SEK617 million.

Market Cap: SEK300.67M

Eniro Group AB, with a market cap of SEK300.67 million, shows potential within the penny stock domain through its software-as-a-service operations across Scandinavia. The company has demonstrated robust earnings growth of 38.8% over the past year, outpacing the media industry's decline. Despite having no debt and high-quality earnings, Eniro's short-term liabilities slightly exceed its assets by SEK21 million. Recent earnings announcements revealed stable sales but a decrease in quarterly net income to SEK22 million from SEK30 million previously, reflecting challenges amidst otherwise strong operational metrics like a high return on equity at 20.6%.

OM:ENRO Debt to Equity History and Analysis as at Nov 2025

Zaklady Urzadzen Kotlowych Staporków (WSE:ZUK)

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

Overview: Zaklady Urzadzen Kotlowych Staporków (WSE:ZUK) is a company involved in the manufacturing of boiler equipment, with a market cap of PLN 28.36 million.

Operations: The company's revenue is primarily derived from three segments: Steel Structures with PLN 33.22 million, Serial Production contributing PLN 11.50 million, and Power Engineering generating PLN 2.84 million.

Market Cap: PLN28.36M

Zaklady Urzadzen Kotlowych Staporków, with a market cap of PLN 28.36 million, has recently reported significant financial improvements. The company achieved profitability this year, with third-quarter revenue rising to PLN 13.54 million from PLN 11.85 million and net income increasing to PLN 1.21 million from PLN 0.82 million year-over-year. ZUK's debt management is commendable, reducing its debt-to-equity ratio significantly over five years and maintaining satisfactory net debt levels covered by operating cash flow and EBIT interest coverage at 7.9 times. However, the stock remains volatile compared to most Polish stocks despite stable weekly volatility over the past year.

WSE:ZUK Debt to Equity History and Analysis as at Nov 2025

Turning Ideas Into Actions

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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