Euronext Paris Value Stock Estimates For July 2024

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As of July 2024, the French market has been relatively mixed, with the CAC 40 Index experiencing slight declines amid broader European economic uncertainties and fluctuating investor sentiment. Despite these challenges, opportunities for value investing remain as certain stocks appear undervalued based on their fundamentals and potential for growth. In this context, identifying undervalued stocks involves looking at companies with strong financial health, robust business models, and favorable industry positions that may not be fully reflected in their current stock prices.

Top 10 Undervalued Stocks Based On Cash Flows In France

Name

Current Price

Fair Value (Est)

Discount (Est)

Cogelec (ENXTPA:ALLEC)

€11.50

€20.57

44.1%

NSE (ENXTPA:ALNSE)

€29.00

€51.12

43.3%

Valeo (ENXTPA:FR)

€10.235

€17.48

41.4%

Vivendi (ENXTPA:VIV)

€9.966

€16.25

38.7%

Thales (ENXTPA:HO)

€144.90

€275.38

47.4%

Lectra (ENXTPA:LSS)

€26.10

€46.21

43.5%

Tikehau Capital (ENXTPA:TKO)

€23.65

€32.68

27.6%

Figeac Aero Société Anonyme (ENXTPA:FGA)

€6.14

€10.32

40.5%

Aramis Group SAS (ENXTPA:ARAMI)

€4.70

€7.72

39.1%

Vogo (ENXTPA:ALVGO)

€3.60

€5.77

37.6%

Click here to see the full list of 19 stocks from our Undervalued Euronext Paris Stocks Based On Cash Flows screener.

We'll examine a selection from our screener results.

Aramis Group SAS

Overview: Aramis Group SAS operates in the online sale of used vehicles across France, Belgium, the United Kingdom, Austria, Italy, and Spain with a market cap of €388.61 million.

Operations: The company's revenue segments include €175.70 million from B2B, €109.33 million from Services, €1.44 billion from Refurbished Cars, and €375.16 million from Pre-Registered Cars.

Estimated Discount To Fair Value: 39.1%

Aramis Group SAS appears undervalued based on cash flows, trading at €4.7, significantly below its fair value estimate of €7.72. Despite a net loss of €13.34 million for the first half of 2024, revenue increased to €1.10 billion from €940.8 million year-over-year. With expected annual profit growth above market averages and forecasted revenue growth outpacing the French market, Aramis is positioned for potential profitability within three years despite low future return on equity (9.4%).

ENXTPA:ARAMI Discounted Cash Flow as at Jul 2024
ENXTPA:ARAMI Discounted Cash Flow as at Jul 2024

Figeac Aero Société Anonyme

Overview: Figeac Aero Société Anonyme manufactures, supplies, and sells equipment and sub-assemblies for the aeronautics sector in France, with a market cap of €251.19 million.