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French (CAC) Market Analysis & Valuation

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies695
  • 7D1.6%
  • 3M5.2%
  • 1Y4.9%
  • YTD7.0%

The market is up 1.6% in the last 7 days, led by the Industrials and Consumer Discretionary sectors. As for the past 12 months, the market is up 4.9%. Earnings are forecast to grow by 11% annually.

Market Valuation and Performance

Has the French Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024€3.1t€2.1t€147.7b16.5x21.2x1.5x
Fri, 05 Apr 2024€3.2t€2.1t€103.5b15.5x30.5x1.5x
Sun, 03 Mar 2024€3.1t€2.1t€101.7b15x30.5x1.4x
Tue, 30 Jan 2024€3.0t€2.2t€102.5b14.9x29.3x1.4x
Thu, 28 Dec 2023€3.0t€2.2t€103.5b14.9x28.6x1.3x
Sat, 25 Nov 2023€2.9t€2.2t€106.5b14x26.9x1.3x
Mon, 23 Oct 2023€2.7t€2.2t€149.4b13.8x17.8x1.2x
Wed, 20 Sep 2023€2.9t€2.2t€149.7b14.4x19.2x1.3x
Fri, 18 Aug 2023€2.9t€2.2t€150.9b14.3x19.1x1.3x
Sun, 16 Jul 2023€3.0t€2.3t€145.2b14.9x20.7x1.3x
Tue, 13 Jun 2023€3.0t€2.3t€146.3b14.2x20.2x1.3x
Thu, 11 May 2023€3.0t€2.4t€126.0b14.3x24.2x1.3x
Sat, 08 Apr 2023€3.0t€2.4t€140.6b14.9x21.4x1.2x
Mon, 06 Mar 2023€3.0t€2.4t€100.7b15.3x30x1.3x
Wed, 01 Feb 2023€2.9t€2.3t€118.4b14.9x24.7x1.3x
Fri, 30 Dec 2022€2.7t€2.3t€118.3b13.8x22.9x1.2x
Sun, 27 Nov 2022€2.8t€2.3t€117.7b14.3x23.4x1.2x
Tue, 25 Oct 2022€2.5t€2.3t€117.4b13.4x21.2x1.1x
Thu, 22 Sep 2022€2.5t€2.2t€116.4b14x21.5x1.1x
Sat, 20 Aug 2022€2.7t€2.2t€115.9b15x23.3x1.2x
Mon, 18 Jul 2022€2.5t€2.1t€115.0b15.2x21.8x1.2x
Wed, 15 Jun 2022€2.4t€2.1t€116.1b15.4x20.9x1.1x
Fri, 13 May 2022€2.6t€2.1t€133.2b16.5x19.3x1.2x
Sun, 10 Apr 2022€2.7t€2.1t€129.0b17.1x21.1x1.3x
Tue, 08 Mar 2022€2.5t€2.1t€140.7b16.1x17.8x1.2x
Thu, 03 Feb 2022€3.0t€2.0t€125.4b18.5x23.6x1.5x
Sat, 01 Jan 2022€3.0t€2.0t€122.4b18.5x24.7x1.5x
Mon, 29 Nov 2021€2.9t€2.0t€121.9b18.3x23.9x1.4x
Wed, 27 Oct 2021€2.9t€2.0t€112.5b19.8x25.8x1.5x
Fri, 24 Sep 2021€2.9t€2.0t€111.4b21.1x25.7x1.4x
Sun, 22 Aug 2021€2.8t€2.0t€109.8b21.4x25.8x1.4x
Fri, 09 Jul 2021€2.8t€2.0t€109.5b21x25.5x1.4x
Price to Earnings Ratio

37.4x


Total Market Cap: €2.8tTotal Earnings: €73.6bTotal Revenue: €1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
French Market Price to Earnings3Y Average 24.2x202220232024
Current Market PE
  • Investors are pessimistic on the French market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 21.2x which is lower than its 3-year average PE of 24.2x.
Past Earnings Growth
  • The earnings for French listed companies have grown 26% per year over the last three years.
  • Revenues for these companies have grown 3.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the French Market?

FR Market1.57%
Industrials2.87%
Real Estate2.86%
Tech2.81%
Financials2.28%
Consumer Discretionary1.73%
Consumer Staples1.23%
Telecom0.90%
Materials0.89%
Healthcare0.30%
Utilities-1.39%
Energy-1.83%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 24.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 15.9% which is higher than its past year's earnings decline of 7.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 73% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Energy industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
MC LVMH Moët Hennessy - Louis Vuitton Société Européenne€789.401.9%
+€7.5b
-10.3%PE26xConsumer Discretionary
RMS Hermès International Société en commandite par actions€2.29k1.9%
+€4.5b
15.4%PE55.7xConsumer Discretionary
SU Schneider Electric€221.503.0%
+€3.6b
42.5%PE30.9xIndustrials
AIR Airbus€158.862.7%
+€3.3b
30.6%PE32.1xIndustrials
OR L'Oréal€444.901.2%
+€2.8b
5.3%PE38.5xConsumer Staples
See more
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BNP

€69.60

BNP Paribas

7D

2.9%

1Y

19.1%

ACA

€15.28

Crédit Agricole

7D

5.0%

1Y

37.1%

SAN

€91.88

Sanofi

7D

-1.3%

1Y

-8.9%

GLE

€24.81

Société Générale Société anonyme

7D

-2.3%

1Y

14.5%

RMS

€2,294.00

Hermès International Société en commandite par actions

7D

1.9%

1Y

15.4%

ERF

€56.72

Eurofins Scientific

7D

-1.5%

1Y

-9.0%

ALTTU

€5.55

Tatatu

7D

-3.5%

1Y

-21.8%

TTE

€67.07

TotalEnergies

7D

-2.2%

1Y

21.0%

FDJ

€34.32

La Française des Jeux Société anonyme

7D

-3.2%

1Y

-8.7%

AIR

€158.86

Airbus

7D

2.7%

1Y

30.6%

ENGI

€15.46

Engie

7D

-5.0%

1Y

5.0%