Undiscovered Gems in France to Watch August 2024

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The French market has shown resilience, with the CAC 40 Index advancing 2.48% amid growing hopes for interest rate cuts in Europe. This positive sentiment provides a fertile ground for identifying small-cap stocks that could benefit from a favorable economic environment. In this context, it’s essential to look for companies with strong fundamentals and growth potential that align well with current market 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%

★★★★★★

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

Let's uncover some gems from our specialized screener.

Axway Software

Simply Wall St Value Rating: ★★★★★☆

Overview: Axway Software SA is an infrastructure software publisher with operations in France, the rest of Europe, the Americas, and the Asia Pacific, and has a market cap of approximately €468.92 million.

Operations: Axway Software SA generates revenue primarily from Subscription (€201.19 million), Maintenance (€77.04 million), Services excluding Subscription (€35.49 million), and License (€8.46 million) segments.

Axway Software, a small French tech firm, has shown resilience by becoming profitable in the past year. The company's net debt to equity ratio stands at 19.9%, which is satisfactory, and its interest payments are well-covered by EBIT at 10.1x coverage. Despite trading 6.1% below estimated fair value, Axway's debt to equity ratio has risen from 12.5% to 24.6% over five years, indicating some financial leverage increase but manageable risk levels overall.

ENXTPA:AXW Earnings and Revenue Growth as at Aug 2024

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 and has a market cap of €539.55 million.