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European Penny Stocks Under €60M Market Cap: 3 Hidden Opportunities

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As European markets continue to navigate a mixed economic landscape, with the STOXX Europe 600 Index posting its longest streak of weekly gains since 2012, investors are exploring diverse opportunities. Penny stocks, often associated with smaller or newer companies, remain an intriguing area for those seeking growth potential at a lower cost. Despite being considered a niche market today, these stocks can still offer significant value when backed by strong financials and clear growth prospects.

Top 10 Penny Stocks In Europe

Name

Share Price

Market Cap

Financial Health Rating

Angler Gaming (NGM:ANGL)

SEK3.82

SEK286.44M

★★★★★★

Deceuninck (ENXTBR:DECB)

€2.135

€295.47M

★★★★★★

Hifab Group (OM:HIFA B)

SEK3.98

SEK242.14M

★★★★★★

Transferator (NGM:TRAN A)

SEK2.19

SEK207.01M

★★★★★★

High (ENXTPA:HCO)

€2.72

€53.43M

★★★★★★

Netgem (ENXTPA:ALNTG)

€0.996

€33.35M

★★★★★★

Bredband2 i Skandinavien (OM:BRE2)

SEK2.02

SEK1.93B

★★★★☆☆

I.M.D. International Medical Devices (BIT:IMD)

€1.40

€24.25M

★★★★★☆

Nurminen Logistics Oyj (HLSE:NLG1V)

€1.03

€82.97M

★★★★★☆

Arcure (ENXTPA:ALCUR)

€4.82

€27.87M

★★★★☆☆

Click here to see the full list of 435 stocks from our European Penny Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Patria Bank

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Patria Bank SA offers banking and financial services to small and medium enterprises, micro enterprises, agribusinesses, and retail clients in Romania, with a market cap of RON277.06 million.

Operations: Patria Bank SA does not report specific revenue segments.

Market Cap: RON277.06M

Patria Bank SA has demonstrated robust earnings growth, with a 59.4% increase over the past year, surpassing its 5-year average of 48% annually. The bank's net profit margins improved to 17.9%, and it maintains a strong capital structure with primarily low-risk funding from customer deposits (87%). Its price-to-earnings ratio of 6.8x suggests good value compared to the broader Romanian market. Despite high levels of non-performing loans (5.4%), the bank's Loans to Deposits ratio is appropriate at 69%. However, its Return on Equity remains low at 9.6%, indicating room for improvement in profitability measures.

BVB:PBK Debt to Equity History and Analysis as at Mar 2025
BVB:PBK Debt to Equity History and Analysis as at Mar 2025

Hifab Group

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Hifab Group AB (publ) offers project management and consulting services across Sweden, Europe, Asia, and Africa with a market cap of SEK 242.14 million.