Undiscovered Gems in France to Watch This September 2024

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As global markets face renewed fears of economic slowdown, with key indices like France's CAC 40 Index dropping 3.65%, investors are increasingly turning their attention to small-cap stocks for potential opportunities. In this challenging environment, identifying undiscovered gems in the French market can offer a compelling avenue for diversification and growth. A good stock in this context is one that demonstrates resilience amid broader market volatility and has strong fundamentals to support its long-term prospects.

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

Here's a peek at a few of the choices from the screener.

Fiducial Real Estate

Simply Wall St Value Rating: ★★★★☆☆

Overview: Fiducial Real Estate SA operates and manages real estate properties in France with a market cap of €429.69 million.

Operations: The company generates revenue primarily from Land Activities (€71.21 million) and Service Provider Activity (€23.01 million), with a deduction for Intersector Sales (-€7.95 million).

Fiducial Real Estate, a small player in the market, has shown resilience despite recent challenges. For the half year ending March 31, 2024, sales were €42.86M compared to €43.56M a year ago. Net income stood at €14.99M against last year's €15.42M, with basic earnings per share from continuing operations at €6.26 versus €6.40 previously. The company repurchased shares in 2024 and continues to trade slightly below fair value estimates by 1.7%.

ENXTPA:ORIA Debt to Equity as at Sep 2024
ENXTPA:ORIA Debt to Equity as at Sep 2024

Roche Bobois

Simply Wall St Value Rating: ★★★★★☆

Overview: Roche Bobois S.A. engages in the furniture design and distribution business worldwide and has a market cap of €492.12 million.