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Most undervalued French stocks — per our blended fair value

French names ranked by how far the market price sits below our base-case DCF fair value. Educational estimate, not a recommendation.

AKE.PAArkema S.A.+83.3% to fair valueSGO.PACompagnie de Saint-Gobain S.A.+73.1% to fair valueVIE.PAVeolia Environnement SA+56.4% to fair valueRI.PAPernod Ricard SA+51.9% to fair valuePUB.PAPublicis Groupe S.A.+17.8% to fair value

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Educational DCF estimates from public filings and market data — not investment advice.