Discovering France's Undiscovered Gems in September 2024

In This Article:

As global markets react to the recent Federal Reserve rate cut, small-cap stocks have shown resilience despite remaining below their previous peaks. In France, the CAC 40 Index has seen modest gains, reflecting cautious optimism among investors. Identifying a good stock in this environment often involves looking for companies with strong fundamentals and growth potential that can thrive amid changing economic 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%

★★★★★★

EssoF

1.19%

11.14%

41.41%

★★★★★★

Gévelot

0.25%

10.64%

20.33%

★★★★★★

VIEL & Cie société anonyme

72.14%

5.72%

19.86%

★★★★★☆

ADLPartner

86.83%

9.59%

11.00%

★★★★★☆

CFM Indosuez Wealth Management

239.60%

10.01%

13.52%

★★★★★☆

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%

★★★★☆☆

Fiducial Real Estate

33.77%

1.63%

3.30%

★★★★☆☆

Société Fermière du Casino Municipal de Cannes

11.60%

6.69%

10.30%

★★★★☆☆

Click here to see the full list of 31 stocks from our Euronext Paris Undiscovered Gems With Strong Fundamentals screener.

We're going to check out a few of the best picks from our screener tool.

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 has a market cap of €685.50 million.

Operations: Axway Software generates revenue from four primary segments: License (€8.46 million), Maintenance (€77.04 million), Subscription (€201.19 million), and Services excluding Subscription (€35.49 million). The company has a market cap of €685.50 million.

Axway Software has shown notable progress, becoming profitable this year with high-quality earnings. The debt to equity ratio increased from 12.5% to 24.6% over the past five years, yet remains satisfactory at 19.9%. Recently, Axway completed a €130.61 million follow-on equity offering and announced new revenue targets of €460 million for 2024 and €700 million by 2025, reflecting its strategic growth initiatives and integration of Sopra Banking Software activities.

ENXTPA:AXW Earnings and Revenue Growth as at Sep 2024
ENXTPA:AXW Earnings and Revenue Growth as at Sep 2024

Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative

Simply Wall St Value Rating: ★★★★☆☆