European Penny Stocks: Patria Bank Among 3 Picks With Promising Potential

Simply Wall St

The European markets have shown resilience, with the pan-European STOXX Europe 600 Index rising by 1.18% due to easing trade tensions and optimism over potential U.S. interest rate cuts. Against this backdrop, investors are increasingly considering smaller or newer companies for their growth potential and value proposition. Penny stocks, although an older term, remain relevant as they often highlight under-the-radar opportunities with strong financials that could offer significant upside in today's market landscape.

Top 10 Penny Stocks In Europe

NameShare PriceMarket CapRewards & Risks
Ariston Holding (BIT:ARIS)€4.676€1.62B✅ 4 ⚠️ 3 View Analysis >
Lucisano Media Group (BIT:LMG)€0.97€14.41M✅ 3 ⚠️ 4 View Analysis >
Maps (BIT:MAPS)€3.38€44.89M✅ 4 ⚠️ 2 View Analysis >
Angler Gaming (NGM:ANGL)SEK3.60SEK269.95M✅ 4 ⚠️ 2 View Analysis >
Angler Gaming (DB:0QM)€0.37€247.45M✅ 3 ⚠️ 2 View Analysis >
IAMBA Arad (BVB:FERO)RON0.44RON16.84M✅ 2 ⚠️ 4 View Analysis >
Cellularline (BIT:CELL)€3.15€66.44M✅ 4 ⚠️ 2 View Analysis >
ForFarmers (ENXTAM:FFARM)€4.70€415.41M✅ 4 ⚠️ 1 View Analysis >
Deceuninck (ENXTBR:DECB)€2.08€287.17M✅ 3 ⚠️ 1 View Analysis >
Netgem (ENXTPA:ALNTG)€0.946€31.9M✅ 4 ⚠️ 2 View Analysis >

Click here to see the full list of 342 stocks from our European Penny Stocks screener.

Here's a peek at a few of the choices from the screener.

Patria Bank (BVB:PBK)

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

Overview: Patria Bank SA is a credit institution offering banking and financial services to individuals, SMEs, agribusinesses, and corporate clients in Romania with a market cap of RON340.99 million.

Operations: No specific revenue segments are reported for this credit institution that provides banking and financial services in Romania.

Market Cap: RON341M

Patria Bank SA, with a market cap of RON340.99 million, demonstrates several strengths and challenges typical of penny stocks. It maintains a moderate Assets to Equity ratio (11.2x) and an appropriate Loans to Assets ratio (53%). Its Price-To-Earnings ratio (8x) suggests good value compared to the Romanian market average. The bank's earnings have grown significantly over the past five years, though recent growth has decelerated slightly. Despite high-quality earnings and a seasoned board, Patria Bank faces challenges with its high level of non-performing loans (5.1%) and low Return on Equity (10%).

BVB:PBK Financial Position Analysis as at Aug 2025

Digital Workforce Services Oyj (HLSE:DWF)

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

Overview: Digital Workforce Services Oyj, with a market cap of €38.66 million, offers business process automation services and technology solutions across Finland, Sweden, Norway, Denmark, Poland, the rest of the European Union, and internationally.

Operations: Digital Workforce Services Oyj has not reported specific revenue segments.

Market Cap: €38.66M

Digital Workforce Services Oyj, with a market cap of €38.66 million, showcases characteristics common to penny stocks, including both potential and risk. The company has not experienced meaningful shareholder dilution over the past year and maintains a stable financial position with more cash than total debt. Despite being unprofitable, it has reduced losses significantly over five years. Recent earnings guidance points to substantial revenue growth through 2026, driven by organic and inorganic strategies. However, leadership changes could impact strategic continuity as the CTO transitions to an advisory role while a new CFO is set to join in September 2025.

HLSE:DWF Debt to Equity History and Analysis as at Aug 2025

Bergen Carbon Solutions (OB:BCS)

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

Overview: Bergen Carbon Solutions AS is a clean carbon technology and materials company based in Norway, with a market cap of NOK196.42 million.

Operations: Bergen Carbon Solutions AS has not reported any specific revenue segments.

Market Cap: NOK196.42M

Bergen Carbon Solutions AS, with a market cap of NOK196.42 million, exemplifies the high-risk, high-reward nature of penny stocks. The company is pre-revenue, generating less than US$1 million annually and remains unprofitable with increasing losses over the past five years. Despite this, it trades at a significant discount to its estimated fair value and has maintained shareholder stability without dilution in the past year. It benefits from a strong cash runway exceeding three years and is debt-free. However, its share price volatility remains elevated compared to most Norwegian stocks while management boasts moderate experience levels.

OB:BCS Financial Position Analysis as at Aug 2025

Key Takeaways

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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