Discover TTS (Transport Trade Services) And 2 Other European Penny Stocks To Watch

As European markets navigate through the complexities of global trade uncertainties and economic policy shifts, investors are increasingly looking for opportunities in less conventional areas. Penny stocks, although an older term, remain relevant as they often represent smaller or newer companies with potential for growth. By focusing on those with solid financials and a clear path forward, investors can uncover valuable opportunities among these lesser-known stocks.

Top 10 Penny Stocks In Europe

Name	Share Price	Market Cap	Financial Health Rating
Angler Gaming (NGM:ANGL)	SEK3.85	SEK288.69M	★★★★★★
Transferator (NGM:TRAN A)	SEK2.22	SEK211.54M	★★★★★★
Netgem (ENXTPA:ALNTG)	€0.99	€33.15M	★★★★★★
Hifab Group (OM:HIFA B)	SEK3.84	SEK233.62M	★★★★★★
High (ENXTPA:HCO)	€2.67	€52.44M	★★★★★★
Deceuninck (ENXTBR:DECB)	€2.23	€308.62M	★★★★★★
I.M.D. International Medical Devices (BIT:IMD)	€1.37	€23.73M	★★★★★☆
Bredband2 i Skandinavien (OM:BRE2)	SEK2.02	SEK1.93B	★★★★☆☆
TTS (Transport Trade Services) (BVB:TTS)	RON4.765	RON858.82M	★★★★★★
IMS (WSE:IMS)	PLN3.61	PLN122.36M	★★★★☆☆

Click here to see the full list of 436 stocks from our European Penny Stocks screener.

We're going to check out a few of the best picks from our screener tool.

TTS (Transport Trade Services) (BVB:TTS)

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

Overview: TTS (Transport Trade Services) S.A. is a Romanian company specializing in freight forwarding services, with a market cap of RON 858.82 million.

Operations: TTS (Transport Trade Services) S.A. has not reported any specific revenue segments.

Market Cap: RON858.82M

TTS (Transport Trade Services) S.A. reported a significant decline in earnings for 2024, with sales dropping to RON 733.8 million from RON 1,161.11 million the previous year and net income falling sharply to RON 19.08 million. Despite this downturn, TTS maintains financial stability with short-term assets exceeding liabilities and more cash than total debt. The company's stock trades at a substantial discount compared to its estimated fair value, though it exhibits high volatility and low return on equity at just 2%. Earnings are forecasted to grow by over 27% annually, yet dividends remain unsustainable due to insufficient free cash flow coverage.

• Dive into the specifics of TTS (Transport Trade Services) here with our thorough balance sheet health report.
• Review our growth performance report to gain insights into TTS (Transport Trade Services)'s future.

Atenor (ENXTBR:ATEB)

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

Overview: Atenor SA is a real estate development company operating in Belgium, Luxembourg, the Netherlands, France, Germany, Portugal, Poland, Hungary, Britain, and Romania with a market cap of €132.45 million.

Operations: Atenor SA has not reported specific revenue segments.

Market Cap: €132.45M

Atenor SA, a real estate developer, reported substantial sales growth for 2024 at €321.3 million compared to €78.61 million the previous year, yet it remains unprofitable with a net loss of €39.4 million. Despite high debt levels with a net debt to equity ratio of 228.1%, operating cash flow covers its debt well at 22.5%. The company's short-term and long-term liabilities are comfortably exceeded by its short-term assets of €921.7 million, showcasing financial resilience amidst challenges in profitability and interest coverage issues due to EBIT limitations (0.9x). Atenor trades significantly below estimated fair value without recent shareholder dilution concerns.

• Click to explore a detailed breakdown of our findings in Atenor's financial health report.
• Gain insights into Atenor's outlook and expected performance with our report on the company's earnings estimates.

Instabank (OB:INSTA)

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

Overview: Instabank ASA is a Norwegian financial institution offering a range of banking products and services, with a market cap of NOK813.26 million.

Operations: The company generates revenue through mortgages (NOK111.66 million), business lending (NOK29.34 million), and unsecured consumer loans (NOK161.01 million).

Market Cap: NOK813.26M

Instabank ASA, with a market cap of NOK813.26 million, offers a mix of banking products generating revenues primarily from unsecured consumer loans (NOK161.01 million) and mortgages (NOK111.66 million). The company's assets to equity ratio is low at 7.7x, indicating an appropriate level of assets relative to its equity base. Despite experiencing negative earnings growth last year, Instabank's profits have grown by 17.8% annually over five years and are forecasted to grow by 14.67% per year moving forward. However, it faces challenges with high bad loan levels at 7.4%. Recent earnings reports show stable net income for the fourth quarter compared to the previous year but a slight decline in full-year net income from NOK100.87 million to NOK98.12 million.

• Jump into the full analysis health report here for a deeper understanding of Instabank.
• Evaluate Instabank's prospects by accessing our earnings growth report.

Summing It All Up

• Discover the full array of 436 European Penny Stocks right here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Ready For A Different Approach?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Jump on the AI train with fast growing tech companies forging a new era of innovation.
• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com