Discovering France's Undiscovered Gems This August 2024

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As the French market navigates a period of mixed signals, with the CAC 40 Index adding 0.25% amid economic uncertainties, investors are increasingly looking towards small-cap stocks for potential opportunities. In this landscape, identifying strong fundamentals and growth prospects becomes crucial for uncovering hidden gems that can thrive despite broader market volatility.

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 35 stocks from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Akwel

Simply Wall St Value Rating: ★★★★★★

Overview: Akwel SA manufactures automotive and heavy goods vehicle components in France and internationally, with a market cap of €282.32 million.

Operations: Akwel generates revenue primarily from the production and delivery of components, parts, or functions for the automobile sector, amounting to €1.07 billion.

Akwel, a notable player in the auto components sector, has shown impressive growth with earnings up 41.5% over the past year, far outpacing the industry average of -10.3%. The company’s debt to equity ratio has significantly improved from 29.4% to 5.9% over five years, and it holds more cash than total debt. Its P/E ratio stands at a favorable 7.9x compared to the French market's 14.6x, indicating potential undervaluation.

ENXTPA:AKW Debt to Equity as at Aug 2024
ENXTPA:AKW Debt to Equity as at Aug 2024

Neurones

Simply Wall St Value Rating: ★★★★★☆

Overview: Neurones S.A. is an IT services company that offers infrastructure, application, and consulting services 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).