Discovering France's Undiscovered Gems This August 2024

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As global markets experience heightened volatility and economic data from the U.S. and Europe spark concerns about growth, investors are increasingly looking towards small-cap stocks for potential opportunities. Despite broader market challenges, France's small-cap sector remains a fertile ground for discovering undervalued gems that could offer significant upside. In this environment, identifying strong candidates involves focusing on companies with robust fundamentals, innovative business models, and resilience to economic fluctuations.

Top 10 Undiscovered Gems With Strong Fundamentals In France

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

34.89%

3.23%

3.61%

★★★★★★

Gévelot

0.25%

10.64%

20.33%

★★★★★★

EssoF

1.19%

11.14%

41.41%

★★★★★★

VIEL & Cie société anonyme

63.16%

5.00%

16.26%

★★★★★☆

Exacompta Clairefontaine

30.44%

6.92%

31.73%

★★★★★☆

ADLPartner

86.83%

9.59%

11.00%

★★★★★☆

La Forestière Equatoriale

0.00%

-50.76%

49.41%

★★★★★☆

Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative

391.01%

4.67%

17.31%

★★★★☆☆

Société Fermière du Casino Municipal de Cannes

11.60%

6.69%

10.30%

★★★★☆☆

Société Industrielle et Financière de l'Artois Société anonyme

2.93%

-1.09%

8.31%

★★★★☆☆

Click here to see the full list of 34 stocks from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

Neurones

Simply Wall St Value Rating: ★★★★★☆

Overview: Neurones S.A. is an IT services company offering infrastructure, application, and consulting services both in France and internationally with a market cap of €1.03 billion.

Operations: Neurones generates revenue primarily from infrastructure services (€468.49 million), application services (€219.47 million), and consulting (€53.21 million). The company has a market cap of €1.03 billion, reflecting its significant presence in the IT services sector across France and internationally.

Neurones, a relatively small player in the IT sector, has shown impressive growth with earnings up 11.7% over the past year, outpacing the industry’s -9.9%. Its debt to equity ratio climbed from 0.1% to 1.8% in five years but remains manageable as it holds more cash than total debt. Trading at 17.1% below its estimated fair value, Neurones expects €800 million in revenues for 2024 and an operating profit around 9.5%.