Undiscovered Gems in France To Watch This August 2024

In This Article:

As global markets grapple with volatility and economic uncertainties, the French market has shown resilience, with the CAC 40 Index inching up by 0.25% amid mixed signals from European economies. This environment presents a unique opportunity to explore lesser-known stocks that may offer promising potential despite broader market fluctuations. In such a climate, identifying good stocks often involves looking for companies with strong fundamentals, innovative business models, or niche market positions that can weather economic turbulence.

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.

We'll examine a selection from our screener results.

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 approximately €1.75 billion.

Operations: Esso S.A.F. generates revenue primarily from refining and distributing petroleum products, with a reported revenue of €18.93 billion. The company focuses on these core segments to drive its financial performance.

EssoF, a smaller player in the oil and gas sector, has shown significant financial resilience. The company's debt to equity ratio has improved from 5.8 to 1.2 over five years, indicating prudent financial management. Despite a volatile share price recently, EssoF's profitability is evident with net income of €116M for H1 2024 and a P/E ratio of 3.3x compared to the French market's 14.5x. Additionally, EssoF's interest coverage is solid and it boasts high-quality earnings despite lower sales figures this year (€9B vs €9.32B).

ENXTPA:ES Earnings and Revenue Growth as at Aug 2024
ENXTPA:ES Earnings and Revenue Growth as at Aug 2024

Neurones

Simply Wall St Value Rating: ★★★★★☆