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Euronext Paris Showcases Three Growth Companies With High Insider Ownership

Amid a backdrop of political shifts and market resilience, France's economy has shown robust performance with the CAC 40 index climbing significantly. This positive momentum in the French market sets an intriguing stage for examining growth companies with high insider ownership, which often signals strong confidence in a company's future prospects from those who know it best.

Top 10 Growth Companies With High Insider Ownership In France

Name

Insider Ownership

Earnings Growth

VusionGroup (ENXTPA:VU)

13.5%

25.2%

Groupe OKwind Société anonyme (ENXTPA:ALOKW)

24.8%

30.8%

Adocia (ENXTPA:ADOC)

11.9%

59.8%

Icape Holding (ENXTPA:ALICA)

30.2%

26.2%

Arcure (ENXTPA:ALCUR)

21.4%

42.4%

La Française de l'Energie (ENXTPA:FDE)

20.1%

31.9%

S.M.A.I.O (ENXTPA:ALSMA)

17.3%

35.2%

Munic (ENXTPA:ALMUN)

29.4%

149.2%

MedinCell (ENXTPA:MEDCL)

16.4%

70.4%

OSE Immunotherapeutics (ENXTPA:OSE)

25.6%

5.9%

Click here to see the full list of 22 stocks from our Fast Growing Euronext Paris Companies With High Insider Ownership screener.

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Let's dive into some prime choices out of from the screener.

Exclusive Networks

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Exclusive Networks SA is a global cybersecurity specialist for digital infrastructure, with a market capitalization of approximately €2.10 billion.

Operations: The revenue segments for the company are distributed as follows: €420 million from APAC, €4.04 billion from EMEA, and €689 million from the Americas.

Insider Ownership: 13.2%

Exclusive Networks SA, a French growth company with high insider ownership, is poised for robust earnings growth, forecasted at 28.44% annually over the next three years. This performance outpaces the broader French market's expected 10.9% earnings growth rate. Despite this promising outlook, revenue growth projections are more modest at 14.4% annually, slightly above the market average but below the high-growth threshold of 20%. Additionally, recent changes include appointing KPMG as their new auditor and providing an annual revenue guidance anticipating a 10-12% increase at constant currency for fiscal year 2024.

ENXTPA:EXN Ownership Breakdown as at Jul 2024
ENXTPA:EXN Ownership Breakdown as at Jul 2024

Lectra

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Lectra SA offers industrial intelligence solutions targeting the fashion, automotive, and furniture sectors across Northern Europe, Southern Europe, the Americas, and Asia Pacific, with a market capitalization of approximately €1.10 billion.

Operations: The company generates revenue primarily from the Americas and Asia-Pacific regions, amounting to €170.33 million and €110.28 million respectively.

Insider Ownership: 19.6%

Lectra SA, a French company with high insider ownership, is currently undervalued by 33.8%, trading below our fair value estimate. Despite a slight dip in net income and earnings per share in the first quarter of 2024, Lectra's revenue and earnings are forecasted to grow at an impressive rate of 11.3% and 28.6% per year respectively, significantly outpacing the French market averages of 5.7% for revenue and 10.9% for earnings growth. This robust financial performance highlights its potential as a growth-oriented investment despite recent fluctuations.

ENXTPA:LSS Ownership Breakdown as at Jul 2024
ENXTPA:LSS Ownership Breakdown as at Jul 2024

OVH Groupe

Simply Wall St Growth Rating: ★★★★☆☆

Overview: OVH Groupe S.A. is a global provider of public and private cloud services, shared hosting, and dedicated server solutions, with a market capitalization of approximately €1.10 billion.

Operations: The company generates €169.01 million from its public cloud services, €589.61 million from private cloud services, and €185.43 million from web cloud solutions.

Insider Ownership: 10.5%

OVH Groupe, a French growth company with high insider ownership, is navigating through a transformative phase with significant product innovations and executive enhancements. Recently, OVHcloud introduced advanced servers that promise optimal performance-price ratios, crucial for their diverse client base. Financially, the company has shown improvement by reducing its net loss to €17.24 million from €26.59 million year-over-year and is expected to turn profitable within three years amidst forecasts of revenue growth outpacing the French market average. However, it faces challenges due to a highly volatile share price and low forecasted return on equity (1.7%).

ENXTPA:OVH Earnings and Revenue Growth as at Jul 2024
ENXTPA:OVH Earnings and Revenue Growth as at Jul 2024

Key Takeaways

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include ENXTPA:EXN ENXTPA:LSS and ENXTPA:OVH.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com