Undiscovered Gems in France to Watch September 2024

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As global economic uncertainties weigh on investor sentiment, France's CAC 40 Index recently dropped 3.65%, reflecting renewed concerns about the outlook for growth. Despite these challenges, opportunities remain for discerning investors willing to explore lesser-known stocks that could offer resilience and potential upside. In such a climate, identifying stocks with strong fundamentals and robust business models becomes crucial. This article highlights three undiscovered gems in France that merit attention in September 2024.

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%

5.66%

19.86%

★★★★★☆

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 35 stocks from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener.

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

Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative

Simply Wall St Value Rating: ★★★★☆☆

Overview: Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative offers a range of banking products and services in France, with a market cap of approximately €557.63 million.

Operations: The company generates revenue primarily from its Retail Banking segment, which amounted to €434.27 million.

Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative, a notable small cap in France, reported earnings growth of 5.3% over the past year, surpassing the industry average of -11%. Total assets stand at €26.2B with equity at €3.3B. The company has total deposits of €9.0B and loans amounting to €18.8B, with bad loans at an appropriate 1.7%. Trading at 68% below its estimated fair value, it offers high-quality earnings and sufficient allowance for bad loans (109%).