Discovering France's Undiscovered Gems in October 2024

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As the European markets grapple with expectations of a slower monetary policy easing from the Federal Reserve, France's CAC 40 Index has experienced a notable decline, reflecting broader economic challenges in the Eurozone. Amidst this backdrop of cautious market sentiment and contracting business activity, investors may find opportunities by focusing on small-cap stocks that exhibit strong fundamentals and resilience in uncertain times.

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%

★★★★★★

Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative

10.84%

3.22%

6.38%

★★★★★★

EssoF

1.19%

11.14%

41.41%

★★★★★★

VIEL & Cie société anonyme

54.02%

5.66%

19.86%

★★★★★☆

ADLPartner

82.84%

9.86%

16.18%

★★★★★☆

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

14.94%

0.59%

5.95%

★★★★★☆

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%

★★★★☆☆

Vaziva Société anonyme

8.03%

68.56%

431.41%

★★★★☆☆

Click here to see the full list of 39 stocks from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

Clasquin

Simply Wall St Value Rating: ★★★★★☆

Overview: Clasquin SA is an international freight forwarding and overseas logistics company with a market capitalization of €321.53 million.

Operations: Clasquin SA generates revenue primarily from its Freight Overseas segment, totaling €587.86 million.

Clasquin, a notable player in the logistics sector, is currently trading at an attractive valuation, approximately 49.4% below its estimated fair value. Despite high-quality past earnings and a well-covered interest payment with EBIT coverage of 14.7 times, recent financial results show net income dropping to €3.72 million from €6.56 million the previous year. The company has undergone significant changes with SAS Shipping Agencies Services SÀRL acquiring a 42% stake and proposing to buy the remaining shares at €142 per share, aiming for delisting by early 2025 if conditions are met.

ENXTPA:ALCLA Debt to Equity as at Oct 2024
ENXTPA:ALCLA Debt to Equity as at Oct 2024

EXEL Industries

Simply Wall St Value Rating: ★★★★☆☆

Overview: EXEL Industries SA is a company that manufactures and sells agricultural spraying equipment globally, with a market capitalization of approximately €320.91 million.