Top Growth Companies With High Insider Ownership On Euronext Paris August 2024
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As the French market continues to show resilience with the CAC 40 Index advancing by 2.48% in August, investor sentiment remains optimistic amid hopes for potential interest rate cuts. In this favorable environment, identifying growth companies with high insider ownership can be particularly advantageous, as it often signals strong confidence from those closest to the business. In this article, we will explore three top growth companies listed on Euronext Paris that exhibit significant insider ownership, a factor that can often indicate robust future performance and alignment of interests between insiders and shareholders.
Top 10 Growth Companies With High Insider Ownership In France
| Name | Insider Ownership | Earnings Growth |
| Groupe OKwind Société anonyme (ENXTPA:ALOKW) | 24.8% | 36% |
| VusionGroup (ENXTPA:VU) | 13.4% | 25.7% |
| Adocia (ENXTPA:ADOC) | 11.9% | 63% |
| Icape Holding (ENXTPA:ALICA) | 30.2% | 35.1% |
| Arcure (ENXTPA:ALCUR) | 21.4% | 27.5% |
| La Fran?aise de l'Energie (ENXTPA:FDE) | 19.9% | 31.9% |
| STIF Société anonyme (ENXTPA:ALSTI) | 16.4% | 28.5% |
| Munic (ENXTPA:ALMUN) | 29.2% | 149.2% |
| OSE Immunotherapeutics (ENXTPA:OSE) | 25.6% | 5.9% |
| MedinCell (ENXTPA:MEDCL) | 15.8% | 71.1% |
Let's take a closer look at a couple of our picks from the screened companies.
Lectra
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Lectra SA provides industrial intelligence solutions for the fashion, automotive, and furniture markets across Northern Europe, Southern Europe, the Americas, and the Asia Pacific with a market cap of €1.04 billion.
Operations: The company's revenue segments are: Americas (€172.65 million), Asia-Pacific (€118.54 million), and Segment Adjustment (€209.13 million).
Insider Ownership: 19.6%
Earnings Growth Forecast: 29.3% p.a.
Lectra's earnings are forecast to grow 29.29% per year, outpacing the French market's 12.2%. The stock trades at 47.1% below its estimated fair value, suggesting potential upside. Despite a recent dip in net income to €12.51 million for H1 2024 from €14.47 million last year, sales increased to €262.29 million from €239.55 million, indicating solid revenue growth of 10.4% annually but slower than its earnings growth rate.
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Navigate through the intricacies of Lectra with our comprehensive analyst estimates report here.
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The valuation report we've compiled suggests that Lectra's current price could be quite moderate.
OVH Groupe
Simply Wall St Growth Rating: ★★★★☆☆
Overview: OVH Groupe S.A. offers public and private cloud services, shared hosting, and dedicated server solutions globally, with a market cap of €1.15 billion.