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French (CAC) Market Analysis & Valuation

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies724
  • 7D0.2%
  • 3M-9.9%
  • 1Y6.8%
  • YTD0.7%

The Materials sector gained 3.8% while the market remained flat over the last week. As for the longer term, the market has risen 6.1% in the past 12 months. Looking forward, earnings are forecast to grow by 9.5% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023€2.7t€2.4t€133.8b13.4x20.5x1.1x
Thu, 28 Sep 2023€2.8t€2.4t€133.7b14.3x21.3x1.2x
Sat, 26 Aug 2023€3.0t€2.4t€134.5b14.3x22x1.2x
Mon, 24 Jul 2023€3.1t€2.5t€126.3b14.9x24.4x1.2x
Wed, 21 Jun 2023€3.0t€2.5t€129.3b14x23.5x1.2x
Fri, 19 May 2023€3.1t€2.5t€128.8b14.5x24x1.2x
Sun, 16 Apr 2023€3.1t€2.5t€127.6b15.1x24.4x1.3x
Tue, 14 Mar 2023€2.9t€2.5t€102.2b14.9x28.6x1.2x
Thu, 09 Feb 2023€3.0t€2.3t€121.2b15.3x24.5x1.3x
Sat, 07 Jan 2023€2.8t€2.3t€120.2b14.5x23.6x1.2x
Mon, 05 Dec 2022€2.8t€2.3t€120.1b14.3x23.3x1.2x
Wed, 02 Nov 2022€2.6t€2.3t€121.7b13.9x21.5x1.1x
Fri, 30 Sep 2022€2.4t€2.3t€119.3b13.3x19.9x1x
Sun, 28 Aug 2022€2.6t€2.3t€118.1b14.9x22.3x1.1x
Tue, 26 Jul 2022€2.6t€2.1t€118.4b15.1x22x1.2x
Thu, 23 Jun 2022€2.4t€2.1t€115.5b15x21.1x1.1x
Sat, 21 May 2022€2.6t€2.1t€132.4b16.4x19.4x1.2x
Mon, 18 Apr 2022€2.7t€2.1t€129.1b17.4x21.1x1.3x
Wed, 16 Mar 2022€2.6t€2.1t€145.4b17.2x18.2x1.3x
Fri, 11 Feb 2022€2.9t€2.0t€126.8b18.7x23.1x1.4x
Sun, 09 Jan 2022€3.0t€2.0t€122.4b18.4x24.7x1.5x
Tue, 07 Dec 2021€2.9t€2.0t€122.1b18.6x24x1.5x
Thu, 04 Nov 2021€3.0t€2.0t€120.6b19.3x24.7x1.5x
Sat, 02 Oct 2021€2.8t€2.0t€112.3b19.4x24.7x1.4x
Mon, 30 Aug 2021€2.9t€2.0t€109.8b22x26.1x1.4x
Tue, 06 Jul 2021€2.8t€2.0t€109.5b21x25.5x1.4x
Fri, 09 Apr 2021€2.6t€1.9t€73.4b21.4x34.9x1.4x
Thu, 31 Dec 2020€2.4t€1.8t€45.0b20.5x52.4x1.3x
Price to Earnings Ratio

45.7x


Total Market Cap: €2.0tTotal Earnings: €43.1bTotal Revenue: €1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
French Market Price to Earnings3Y Average 27.6x202120222023
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 20.4x which is lower than its 3-year average PE of 27.6x.
Past Earnings Growth
  • The earnings for French listed companies have grown 46% per year over the last three years.
  • Revenues for these companies have grown 8.9% 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 Market0.20%
Materials3.73%
Tech2.20%
Utilities1.38%
Energy1.29%
Real Estate1.27%
Industrials1.22%
Consumer Staples1.07%
Consumer Discretionary1.04%
Telecom0.64%
Financials-2.31%
Healthcare-6.96%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 15.7x.
    • Analysts are expecting annual earnings decline of 3.0%, which is less than its past year's earnings decline of 11.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 82% over the next 5 years.
  • This is better than its past earnings decline of 30% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 3.0% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
RMS Hermès International Société en commandite par actions€1.75k4.2%
+€7.4b
33.7%PE46.4xConsumer Discretionary
DSY Dassault Systèmes€38.7213.7%
+€6.1b
14.0%PE48.5xTech
AI L'Air Liquide€159.784.5%
+€3.6b
20.8%PE26.3xMaterials
AIR Airbus€126.203.0%
+€2.9b
15.2%PE25.7xIndustrials
OR L'Oréal€392.051.3%
+€2.8b
23.2%PE36xConsumer Staples
See more
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STMPA

€35.27

STMicroelectronics

7D

-6.7%

1Y

11.6%

SAN

€84.14

Sanofi

7D

-14.4%

1Y

-3.7%

BNP

€53.72

BNP Paribas

7D

-4.3%

1Y

13.1%

RCO

€105.90

Rémy Cointreau

7D

-12.4%

1Y

-31.7%

DG

€103.08

Vinci

7D

3.2%

1Y

10.6%

WLN

€11.57

Worldline

7D

-51.1%

1Y

-73.9%

DSY

€38.72

Dassault Systèmes

7D

13.7%

1Y

14.0%

DIM

€162.00

Sartorius Stedim Biotech

7D

-6.5%

1Y

-49.6%

BVI

€21.46

Bureau Veritas

7D

-5.8%

1Y

-14.4%

AI

€159.78

L'Air Liquide

7D

4.5%

1Y

20.8%

OR

€392.05

L'Oréal

7D

1.3%

1Y

23.2%

AIR

€126.20

Airbus

7D

3.0%

1Y

15.2%