Undiscovered Gems in France for August 2024

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As global markets navigate through volatility and mixed economic signals, the French market has shown resilience with the CAC 40 Index adding 0.25% recently. Amid this backdrop, small-cap stocks in France present intriguing opportunities for investors seeking growth potential. In this environment, identifying a good stock involves looking for companies with strong fundamentals, innovative business models, and the ability to adapt to changing market conditions.

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.

Let's dive into some prime choices out of from the screener.

Axway Software

Simply Wall St Value Rating: ★★★★★☆

Overview: Axway Software SA is an infrastructure software publisher with operations spanning France, the rest of Europe, the Americas, and the Asia Pacific, and it has a market cap of €456.36 million.

Operations: Axway Software SA generates revenue primarily from Subscription (€201.19 million), Maintenance (€77.04 million), Services (€35.49 million), and License fees (€8.46 million).

Axway Software, a notable player in the software industry, has shown resilience by becoming profitable this year. Trading at 8.5% below its fair value estimate, it offers potential value for investors. The company's net debt to equity ratio is satisfactory at 19.9%, and its interest payments are well covered by EBIT (10.1x). Recent earnings reported revenue of €148.7 million for H1 2024, with net income of €2.8 million compared to €3.7 million last year.

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

EssoF

Simply Wall St Value Rating: ★★★★★★

Overview: Esso S.A.F. refines, distributes, and markets refined petroleum products in France and internationally with a market cap of €1.72 billion.