As European markets continue to adjust to steady interest rates held by the ECB, investor focus is shifting towards smaller opportunities that might offer unique value. Penny stocks, often representing smaller or newer companies, remain a relevant area for those seeking potential hidden gems in the market. Despite their vintage name, these stocks can provide surprising value when built on solid financial foundations, and this article will explore three such examples that combine balance sheet strength with potential for significant returns.
Top 10 Penny Stocks In Europe
| Name | Share Price | Market Cap | Rewards & Risks |
| Ariston Holding (BIT:ARIS) | €4.342 | €1.5B | ✅ 4 ⚠️ 2 View Analysis > |
| Lucisano Media Group (BIT:LMG) | €1.08 | €16.04M | ✅ 3 ⚠️ 4 View Analysis > |
| Angler Gaming (NGM:ANGL) | SEK3.60 | SEK269.95M | ✅ 4 ⚠️ 2 View Analysis > |
| Angler Gaming (DB:0QM) | €0.37 | €228.7M | ✅ 2 ⚠️ 2 View Analysis > |
| Siili Solutions Oyj (HLSE:SIILI) | €4.99 | €40.46M | ✅ 3 ⚠️ 3 View Analysis > |
| IAMBA Arad (BVB:FERO) | RON0.49 | RON16.57M | ✅ 2 ⚠️ 4 View Analysis > |
| Euroland Société anonyme (ENXTPA:ALERO) | €3.26 | €10.34M | ✅ 2 ⚠️ 5 View Analysis > |
| ForFarmers (ENXTAM:FFARM) | €4.39 | €388.01M | ✅ 4 ⚠️ 1 View Analysis > |
| Deceuninck (ENXTBR:DECB) | €2.08 | €287.5M | ✅ 4 ⚠️ 1 View Analysis > |
| Netgem (ENXTPA:ALNTG) | €0.904 | €30.49M | ✅ 4 ⚠️ 2 View Analysis > |
Click here to see the full list of 331 stocks from our European Penny Stocks screener.
We'll examine a selection from our screener results.
ForFarmers (ENXTAM:FFARM)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: ForFarmers N.V. operates as a provider of feed solutions for both conventional and organic livestock farming across several countries, including the Netherlands, the UK, Germany, Poland, and Belgium, with a market cap of €388.01 million.
Operations: The company generates revenue primarily from its Food Processing segment, which accounts for €2.96 billion.
Market Cap: €388.01M
ForFarmers N.V., with a market cap of €388.01 million, has shown significant growth in its recent earnings report, with net income rising to €23.6 million for the first half of 2025 from €4 million the previous year. The company's revenue primarily stems from its Food Processing segment, totaling €2.96 billion annually. While ForFarmers enjoys high-quality earnings and stable weekly volatility at 5%, it faces challenges such as an unstable dividend history and a low return on equity at 13.2%. Despite these hurdles, it trades at good value relative to peers and industry benchmarks, showing potential for investors interested in penny stocks within Europe’s agricultural sector.
- Navigate through the intricacies of ForFarmers with our comprehensive balance sheet health report here.
- Review our growth performance report to gain insights into ForFarmers' future.
KebNi (OM:KEBNI B)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: KebNi AB (publ) is a company that develops, produces, and sells stabilization, navigation, and satellite communication products and applications globally with a market cap of SEK645.35 million.
Operations: KebNi's revenue is derived from its Unclassified Services segment, amounting to SEK145.04 million.
Market Cap: SEK645.35M
KebNi AB, with a market cap of SEK645.35 million, has recently turned profitable, reporting net income of SEK2.39 million for Q2 2025. Despite high share price volatility and low return on equity at 2.3%, the company trades significantly below its estimated fair value, presenting potential upside for investors in penny stocks. KebNi's strategic partnerships, such as with Aimpoint AB and KAIST, expand its technological reach but are not expected to yield immediate financial benefits. The recent acquisition by 3S Invest AB highlights investor interest and confidence in KebNi's future prospects within satellite communications technology.
- Take a closer look at KebNi's potential here in our financial health report.
- Examine KebNi's earnings growth report to understand how analysts expect it to perform.
Prime Alternatywna Spolka Inwestycyjna Spolka Akcyjna (WSE:PRA)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Prime Alternatywna Spolka Inwestycyjna Spolka Akcyjna, operating under the name SPARK VC S.A., is a publicly owned investment manager with a market capitalization of PLN170.55 million.
Operations: Prime Alternatywna Spolka Inwestycyjna Spolka Akcyjna has not reported any revenue segments.
Market Cap: PLN170.55M
Prime Alternatywna Spolka Inwestycyjna Spolka Akcyjna, operating under SPARK VC S.A., is a pre-revenue company with a market cap of PLN170.55 million. Despite being unprofitable, it has reduced losses over five years and maintains a strong cash runway exceeding three years. The firm benefits from having no debt and covering short-term liabilities with assets of PLN1.8 million against liabilities of PLN389,000. Its board lacks extensive experience with an average tenure under three years, while share price volatility remains high compared to most Polish stocks. The absence of shareholder dilution in the past year is another positive aspect for investors considering penny stocks.
- Unlock comprehensive insights into our analysis of Prime Alternatywna Spolka Inwestycyjna Spolka Akcyjna stock in this financial health report.
- Review our historical performance report to gain insights into Prime Alternatywna Spolka Inwestycyjna Spolka Akcyjna's track record.
Next Steps
- Click here to access our complete index of 331 European Penny Stocks.
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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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