Undervalued European Stocks
A ranking of the cheapest European small caps, filtered for financial strength to screen out value traps. Valuation is based on EV/EBITDA, P/E and Price/Book.
| # | Company | Country | Sector | P/E | EV/EBITDA | Price/Book | Value score |
|---|---|---|---|---|---|---|---|
| 1 | Philogen S.p.A. | Italy | Healthcare | 4.1 | 2.1 | 0.35 | 25/25 |
| 2 | Reworld Media S.A. | France | Communication Services | 6.9 | 4.3 | 0.01 | 25/25 |
| 3 | NewPrinces S.p.A. | Italy | Consumer Defensive | 1.8 | 1.1 | 0.71 | 25/25 |
| 4 | BFF Bank S.p.A. | Italy | Financial Services | 7.8 | 1.8 | 0.46 | 25/25 |
| 5 | Sogefi S.p.A. | Italy | Consumer Cyclical | 4.3 | 2.2 | 0.46 | 25/25 |
| 6 | Caleffi S.p.A. | Italy | Consumer Cyclical | 6.8 | 4.9 | 0.24 | 25/25 |
| 7 | NRJ Group S.A. | France | Communication Services | 6.3 | 1.4 | 0.01 | 25/25 |
| 8 | FNM S.p.A. | Italy | Industrials | 2.7 | 2.2 | 0.21 | 25/25 |
| 9 | MFE-MediaForEurope N.V. | Netherlands | Communication Services | 6.0 | 3.7 | 0.13 | 25/25 |
| 10 | SA Catana Group | France | Consumer Cyclical | 3.7 | 3.0 | 0.26 | 25/25 |
| 11 | S.A. Catana Group | France | Consumer Cyclical | 4.3 | 2.7 | 0.26 | 25/25 |
| 12 | Cairo Communication S.p.A. | Italy | Communication Services | 8.0 | 1.5 | 0.02 | 25/25 |
| 13 | EXEL Industries S.A. | France | Industrials | 8.0 | 3.4 | 0.69 | 25/25 |
| 14 | Mediclin AG | Germany | Healthcare | 7.9 | 1.8 | 0.81 | 24/25 |
| 15 | Douglas AG | Germany | Consumer Cyclical | 4.8 | 2.4 | 0.89 | 24/25 |
| 16 | Ernst Russ AG | Germany | Industrials | 3.5 | 1.1 | 0.87 | 24/25 |
| 17 | Aeffe S.p.A. | Italy | Consumer Cyclical | 0.8 | 1.0 | 0.04 | 24/25 |
| 18 | Delfingen Industry S.A. | France | Consumer Cyclical | 6.0 | 3.3 | 0.81 | 24/25 |
| 19 | OMER S.p.A. | Italy | Industrials | 9.3 | 4.0 | 0.26 | 23/25 |
| 20 | Lang & Schwarz AG | Germany | Financial Services | 3.5 | 0.2 | 1.84 | 23/25 |
| 21 | Get Groupe SFPI S.A. | France | Industrials | 11.7 | 2.1 | 0.65 | 23/25 |
| 22 | VIEL & Cie, S.A. | France | Financial Services | 9.5 | 4.5 | 0.34 | 23/25 |
| 23 | ForFarmers N.V. | Netherlands | Consumer Defensive | 10.7 | 3.2 | 0.01 | 23/25 |
| 24 | Müller - Die lila Logistik AG | Germany | Industrials | 8.3 | 1.6 | 0.79 | 23/25 |
| 25 | RCS MediaGroup S.p.A. | Italy | Communication Services | 8.5 | 3.4 | 0.54 | 23/25 |
| 26 | B+S Banksysteme AG | Germany | Technology | 8.5 | 4.5 | 0.77 | 23/25 |
| 27 | Manitou BF S.A. | France | Industrials | 10.8 | 4.3 | 0.79 | 23/25 |
| 28 | Viridien | France | Energy | 8.1 | 4.9 | 0.63 | 23/25 |
| 29 | Ökoworld AG | Germany | Financial Services | 9.8 | 2.2 | 0.79 | 23/25 |
| 30 | Baader Bank Aktiengesellschaft | Germany | Financial Services | 6.5 | 4.3 | 1.41 | 23/25 |
| 31 | Arnoldo Mondadori Editore S.p.A. | Italy | Communication Services | 9.7 | 4.0 | 0.42 | 23/25 |
| 32 | Emak S.p.A. | Italy | Industrials | 10.5 | 4.6 | 0.13 | 23/25 |
| 33 | tick Trading Software AG | Germany | Technology | 6.4 | 3.4 | 2.93 | 22/25 |
| 34 | Miko N.V. | Belgium | Consumer Defensive | 7.0 | 4.3 | 2.56 | 22/25 |
| 35 | Fountain S.A. | Belgium | Industrials | 10.0 | 3.1 | 0.85 | 22/25 |
| 36 | Akwel | France | Consumer Cyclical | 10.5 | 0.8 | 0.23 | 22/25 |
| 37 | Indel B S.p.A. | Italy | Industrials | 5.0 | 6.7 | 0.81 | 22/25 |
| 38 | Aumann AG | Germany | Industrials | 11.3 | 1.2 | 0.87 | 22/25 |
| 39 | Barco N.V. | Belgium | Technology | 9.3 | 3.6 | 0.63 | 22/25 |
| 40 | Télévision Française 1 S.A. | France | Communication Services | 9.4 | 1.5 | 0.13 | 22/25 |
| 41 | Compagnie des Alpes S.A. | France | Consumer Cyclical | 10.1 | 4.6 | 0.47 | 22/25 |
| 42 | Moury Construct S.A. | Belgium | Industrials | 8.6 | 4.5 | 1.96 | 21/25 |
| 43 | Catering International & Services S.A. | France | Industrials | 17.3 | 2.8 | 0.42 | 21/25 |
| 44 | Sipef N.V. | Belgium | Consumer Defensive | 7.4 | 3.6 | 3.99 | 21/25 |
| 45 | Poulaillon S.A. | France | Consumer Defensive | 9.5 | 4.5 | 1.36 | 21/25 |
| 46 | Wavestone S.A. | France | Technology | 11.7 | 6.3 | 0.03 | 21/25 |
| 47 | The Italian Sea Group S.p.A. | Italy | Consumer Cyclical | 1.6 | 0.7 | 0.19 | 21/25 |
| 48 | Esprinet S.p.A. | Italy | Technology | 17.4 | 3.7 | 0.14 | 21/25 |
| 49 | Gas Plus S.p.A. | Italy | Energy | 13.7 | 3.2 | 0.57 | 21/25 |
| 50 | d'Amico International Shipping S.A. | Luxembourg | Industrials | 10.2 | 5.9 | 0.64 | 21/25 |
| 51 | Ferretti S.p.A. | Italy | Consumer Cyclical | 10.7 | 4.5 | 1.04 | 21/25 |
| 52 | centrotherm international AG | Germany | Technology | 10.1 | 0.8 | 1.52 | 21/25 |
| 53 | Ariston Holding N.V. | Netherlands | Industrials | 9.5 | 6.1 | 0.11 | 21/25 |
| 54 | SergeFerrari Group S.A. | France | Basic Materials | 17.7 | 4.3 | 0.32 | 21/25 |
| 55 | Unidata S.p.A. | Italy | Communication Services | 12.7 | 4.6 | 0.34 | 21/25 |
| 56 | Exacompta Clairefontaine S.A. | France | Industrials | 8.8 | 3.5 | 1.39 | 21/25 |
| 57 | Value8 N.V. | Netherlands | Financial Services | 3.8 | 3.9 | 0.21 | 21/25 |
| 58 | HORNBACH Holding AG & Co. KGaA | Germany | Consumer Cyclical | 9.3 | 3.4 | 1.80 | 21/25 |
| 59 | Groupe CRIT S.A. | France | Industrials | 17.3 | 2.3 | 0.29 | 21/25 |
| 60 | Value8 N.V. | Netherlands | Financial Services | 2.7 | 3.5 | 0.15 | 21/25 |
| 61 | Groupe Guillin S.A. | France | Consumer Cyclical | 8.3 | 4.0 | 0.38 | 21/25 |
| 62 | Samse S.A. | France | Industrials | 15.5 | 4.3 | 0.66 | 21/25 |
| 63 | MPH Health Care AG | Germany | Financial Services | 3.5 | 3.3 | 0.42 | 21/25 |
| 64 | PWO AG | Germany | Consumer Cyclical | 8.9 | 3.6 | 1.29 | 21/25 |
| 65 | Lexibook - Linguistic Electronic System S.A. | France | Technology | 8.9 | 6.0 | 1.03 | 20/25 |
| 66 | PLC S.p.A. | Italy | Industrials | 9.0 | 3.5 | 2.80 | 20/25 |
| 67 | KHD Humboldt Wedag International AG | Germany | Industrials | 13.3 | 3.9 | 0.88 | 20/25 |
| 68 | Industrie De Nora S.p.A. | Italy | Basic Materials | 3.8 | 7.4 | 0.11 | 20/25 |
| 69 | B&C Speakers S.p.A. | Italy | Technology | 11.7 | 6.4 | 0.22 | 20/25 |
| 70 | Campine N.V. | Belgium | Basic Materials | 5.5 | 3.9 | 6.07 | 20/25 |
| 71 | Precia S.A. | France | Industrials | 12.5 | 4.2 | 0.67 | 20/25 |
| 72 | Orbis AG | Germany | Technology | 14.3 | 2.3 | 1.09 | 20/25 |
| 73 | Deceuninck N.V. | Belgium | Industrials | 12.6 | 3.6 | 0.33 | 20/25 |
| 74 | Neodecortech S.p.A. | Italy | Basic Materials | 9.4 | 5.5 | 1.06 | 20/25 |
| 75 | Dürr Aktiengesellschaft | Germany | Industrials | 6.2 | 5.0 | 2.38 | 20/25 |
| 76 | Mr.Bricolage S.A. | France | Consumer Cyclical | 5.5 | 2.9 | 0.94 | 20/25 |
| 77 | Bourse Direct S.A. | France | Financial Services | 13.5 | 3.0 | 0.75 | 19/25 |
| 78 | Espe S.p.A. | Italy | Industrials | 7.4 | 6.7 | 0.64 | 19/25 |
| 79 | Distribuzione Elettrica Adriatica S.p.A. | Italy | Utilities | 11.2 | 4.4 | 0.82 | 19/25 |
| 80 | Klassik Radio AG | Germany | Communication Services | 6.7 | 6.4 | 2.98 | 19/25 |
| 81 | Cafom | France | Consumer Cyclical | 9.3 | 2.0 | 3.77 | 19/25 |
| 82 | CIR S.p.A. - Compagnie Industriali Riunite | Italy | Consumer Cyclical | 22.6 | 2.6 | 0.29 | 19/25 |
| 83 | Cyberoo S.p.A. | Italy | Technology | 23.3 | 4.4 | 0.04 | 19/25 |
| 84 | Solocal Group S.A. | France | Communication Services | 10.1 | 0.1 | — | 19/25 |
| 85 | Fountaine Pajot S.A. | France | Consumer Cyclical | 5.0 | 1.2 | 1.25 | 19/25 |
| 86 | Bijou Brigitte modische Accessoires AG | Germany | Consumer Cyclical | 15.1 | 3.0 | 1.71 | 19/25 |
| 87 | Orsero S.p.A. | Italy | Consumer Defensive | 10.1 | 3.8 | 4.04 | 19/25 |
| 88 | MPC Münchmeyer Petersen Capital AG | Germany | Financial Services | 7.8 | 5.4 | 1.26 | 19/25 |
| 89 | GL Events S.A. | France | Industrials | 11.2 | 4.5 | 5.97 | 19/25 |
| 90 | Drägerwerk AG & Co. KGaA | Germany | Healthcare | 10.5 | 4.8 | 2.31 | 19/25 |
| 91 | Heliad AG | Germany | Financial Services | 1.1 | 1.3 | 1.68 | 19/25 |
| 92 | Nabaltec AG | Germany | Basic Materials | 11.2 | 4.9 | 0.69 | 19/25 |
| 93 | Centrale del Latte d'Italia S.p.A. | Italy | Consumer Defensive | 12.6 | 3.3 | 1.62 | 19/25 |
| 94 | Delignit AG | Germany | Basic Materials | 12.9 | 3.0 | 0.66 | 19/25 |
| 95 | Steico Se | Germany | Basic Materials | 14.7 | 5.3 | 0.73 | 19/25 |
| 96 | SMCP S.a. | France | Consumer Cyclical | 24.8 | 3.7 | 0.38 | 19/25 |
| 97 | MINT Société anonyme | France | Utilities | 8.6 | 3.9 | 0.14 | 19/25 |
| 98 | Ctac N.V. | Netherlands | Technology | 11.8 | 3.6 | 0.31 | 19/25 |
| 99 | Bassac S.A. | France | Real Estate | 7.9 | 5.8 | 0.79 | 19/25 |
| 100 | HMS Bergbau AG | Germany | Energy | 3.4 | 3.8 | 1.41 | 19/25 |
Screen undervalued European small caps
Open the screener →Methodology
The valuation score (out of 25) combines three multiples — EV/EBITDA, P/E and Price/Book — computed from the latest published financials. To screen out 'value traps' (optically cheap but fragile stocks), we keep only companies whose financial-strength score is above the universe median, then rank them from cheapest to most expensive. Universe: Euronext Growth & Access small caps. Data updated daily.
Provided for educational purposes. A high valuation score signals a low price relative to fundamentals, not a guarantee of upside. Not investment advice.