In This Article:
In October 2024, the French stock market has been buoyed by a modest rise in the CAC 40 Index, as the European Central Bank's recent interest rate cuts have fueled optimism for further monetary easing. Amidst this economic environment, identifying undervalued stocks can offer investors potential opportunities to capitalize on equities trading below their estimated value.
Top 10 Undervalued Stocks Based On Cash Flows In France
Name | Current Price | Fair Value (Est) | Discount (Est) |
Antin Infrastructure Partners SAS (ENXTPA:ANTIN) | €10.46 | €16.01 | 34.7% |
SPIE (ENXTPA:SPIE) | €35.08 | €54.05 | 35.1% |
Tikehau Capital (ENXTPA:TKO) | €22.00 | €30.41 | 27.7% |
NSE (ENXTPA:ALNSE) | €29.40 | €57.55 | 48.9% |
Vivendi (ENXTPA:VIV) | €10.12 | €17.89 | 43.4% |
EKINOPS (ENXTPA:EKI) | €4.05 | €6.99 | 42% |
Groupe Berkem Société anonyme (ENXTPA:ALKEM) | €3.07 | €5.11 | 39.9% |
Vogo (ENXTPA:ALVGO) | €3.16 | €6.25 | 49.4% |
Exail Technologies (ENXTPA:EXA) | €18.24 | €30.67 | 40.5% |
OVH Groupe (ENXTPA:OVH) | €8.73 | €12.95 | 32.6% |
Let's explore several standout options from the results in the screener.
Exail Technologies
Overview: Exail Technologies offers robotics, maritime, navigation, aerospace, and photonics technology solutions both in France and internationally, with a market cap of €309.97 million.
Operations: The company's revenue is primarily derived from its Navigation & Maritime Robotics segment, which accounts for €252.35 million, and its Advanced Technologies segment, contributing €87.52 million.
Estimated Discount To Fair Value: 40.5%
Exail Technologies is trading at €18.24, significantly below its estimated fair value of €30.67, indicating it may be undervalued based on cash flows. Analysts agree that the stock price could rise by 27.7%. Despite a recent net loss of €3.71 million for the half year ended June 2024, Exail's revenue is forecast to grow at 14.2% annually, surpassing French market averages and signaling potential long-term profitability within three years.
Exclusive Networks
Overview: Exclusive Networks SA is a global cybersecurity specialist focusing on digital infrastructure, with a market cap of €2.14 billion.
Operations: The company's revenue segments are comprised of €480 million from APAC, €4.19 billion from EMEA, and €705 million from the Americas.
Estimated Discount To Fair Value: 14.8%