<p>随着地缘政治紧张局势和能源价格上涨继续影响欧洲市场，泛欧 STOXX 欧洲 600 指数略有下滑，反映出投资者的谨慎。尽管面临这些挑战，某些行业的强劲盈利增长突显出对寻求价值股的精明投资者的机会，这些股票可能以折扣价交易。</p>
<h3>基于现金流的欧洲十大被低估股票</h3>
<p>点击此处查看我们基于现金流的被低估欧洲股票筛选器中的 197 只股票的完整列表。</p>
<p>让我们回顾一些我们筛选出的显著股票。</p>
<h2>Technip Energies (ENXTPA:TE)</h2>
<p><strong>概述：</strong> Technip Energies N.V.是一家工程和技术公司，在欧洲、中亚、非洲、中东、亚太地区和美洲开展业务，市值约为 64.9 亿欧元。</p>
<p><strong>运营：</strong> 公司的收入主要来自项目交付（53.5 亿欧元）和技术、产品及服务（17.9 亿欧元）。</p>
<p><strong>估计公允价值折扣：</strong> 47.6%</p>
<p>Technip Energies 的交易价格为 37.08 欧元，显著低于其估计的未来现金流价值 70.82 欧元，表明基于折现现金流分析的重大低估。尽管预计年均盈利增长为 14.1%，超过法国市场平均水平，但收入增长预计为每年 9%。最近在液化天然气和石化行业的大型合同增强了其项目管道，并巩固了其全球行业地位，可能提升未来的现金流和估值前景。</p>
<ul>
<li>我们的综合增长报告提出 Technip Energies 可能面临显著的财务增长机会。</li>
<li>点击此处查看我们关于 Technip Energies 的全面财务健康报告，深入了解其复杂性。</li>
</ul>
<h2>Sanoma Oyj (HLSE:SANOMA)</h2>
<p><strong>概述：</strong> Sanoma Oyj 是一家媒体和学习公司，在芬兰、荷兰、波兰、西班牙、比利时、意大利及国际上开展业务；市值为 14.6 亿欧元。</p>
<p><strong>运营：</strong> Sanoma Oyj 的收入主要来自两个部门：学习部门贡献 7.491 亿欧元，芬兰媒体部门贡献 5.535 亿欧元。</p>
<p><strong>估计公允价值折扣：</strong> 49.8%</p>
<p>Sanoma Oyj 的交易价格为 8.98 欧元，远低于其估计的未来现金流价值 17.87 欧元，突显出显著的低估。预计公司的盈利将显著增长，年均增长 32.6%，超过芬兰市场平均水平 13.7%。然而，Sanoma 面临高债务水平和最近利润率从 2.2% 下降至 1.1% 的挑战。最近的董事会变动和股息公告可能会影响其战略方向和股东回报。</p>
<ul>
<li>我们为 Sanoma Oyj 准备的专业增长报告暗示其未来财务前景可能比近期结果更强劲。</li>
<li>点击此处了解 Sanoma Oyj 的细微差别，查看我们的详细财务健康报告。</li>
</ul>
<h2>Delivery Hero (XTRA:DHER)</h2>
<p><strong>概述：</strong> Delivery Hero SE 在在线食品订购、快速商业和配送服务领域运营，市值为 88 亿欧元。</p>
<p><strong>运营：</strong> 公司的收入分部包括亚洲（44.2 亿欧元）、欧洲（24.9 亿欧元）、美洲（10.6 亿欧元）、综合垂直（31.9 亿欧元）和中东及北非（40.3 亿欧元）。</p>
<p><strong>估计公允价值折扣：</strong> 49%</p>
<p>Delivery Hero 的交易价格为 29.5 欧元，显著低于其估计的未来现金流价值 57.8 欧元，表明基于折现现金流分析的强烈低估。预计公司将在三年内实现盈利，并预测年均盈利增长 92.56%。最近的并购活动包括计划以 53.7 亿美元出售 Woowa Brothers，可能在股价波动和持续的投资组合审查中增强财务灵活性和战略重点。</p>
<ul>
<li>根据我们最近的增长报告，Delivery Hero 的财务表现似乎有可能超过当前水平。</li>
<li>点击此处访问我们的完整资产负债表健康报告，以了解 Delivery Hero 的动态。</li>
</ul>
<h2>下一步</h2>
<ul>
<li>使用我们的筛选器深入了解所有 197 只基于现金流的被低估欧洲股票。</li>
<li>持有这些公司的股票？在 Simply Wall St 上设置您的投资组合，以无缝跟踪您的投资并接收个性化的投资组合表现更新。</li>
<li>使用 Simply Wall St 应用程序提升您的投资能力，享受免费访问涵盖每个大洲的市场情报。</li>
</ul>
<h2>考虑其他策略？</h2>
<ul>
<li>探索尚未获得显著分析师关注的高表现小型公司。</li>
<li>通过提供可靠收入流的稳健分红股票来多样化您的投资组合，以应对潜在的市场动荡。</li>
<li>关注显示强劲增长潜力的公司，获得分析师和管理层的乐观展望支持。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容为一般性信息。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不构成财务建议。它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。</strong> 我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

DHER

<p>欧洲价值股目前以显著折扣交易，STOXX 欧洲 600 指数反映出投资者在地缘政治紧张局势和能源价格上涨中的谨慎态度。值得关注的被低估股票包括 Technip Energies、Sanoma Oyj 和 Delivery Hero，尽管面临当前市场挑战，但它们显示出可观的财务增长潜力。分析师建议，这些公司可能基于其预计的未来现金流提供有吸引力的投资机会</p>

<p>As geopolitical tensions and rising energy prices continue to influence the European market, the pan-European STOXX Europe 600 Index has seen a slight decline, reflecting investor caution. Despite these challenges, robust earnings growth in certain sectors highlights opportunities for discerning investors seeking value stocks that may be trading at discounts.</p>
<div class="lb-trans"><p>随着地缘政治紧张局势和能源价格上涨继续影响欧洲市场，泛欧 STOXX 欧洲 600 指数略有下滑，反映出投资者的谨慎。尽管面临这些挑战，某些行业的强劲盈利增长突显出对寻求价值股的精明投资者的机会，这些股票可能以折扣价交易。</p>
</div><h3>Top 10 Undervalued Stocks Based On Cash Flows In Europe</h3>
<div class="lb-trans"><h3>基于现金流的欧洲十大被低估股票</h3>
</div><p>Click here to see the full list of 197 stocks from our Undervalued European Stocks Based On Cash Flows screener.</p>
<div class="lb-trans"><p>点击此处查看我们基于现金流的被低估欧洲股票筛选器中的 197 只股票的完整列表。</p>
</div><p>Let's review some notable picks from our screened stocks.</p>
<div class="lb-trans"><p>让我们回顾一些我们筛选出的显著股票。</p>
</div><h2>Technip Energies (ENXTPA:TE)</h2>
<div class="lb-trans"><h2>Technip Energies (ENXTPA:TE)</h2>
</div><p><strong>Overview:</strong> Technip Energies N.V. is an engineering and technology company with operations across Europe, Central Asia, Africa, the Middle East, the Asia Pacific, and the Americas, with a market cap of approximately €6.49 billion.</p>
<div class="lb-trans"><p><strong>概述：</strong> Technip Energies N.V.是一家工程和技术公司，在欧洲、中亚、非洲、中东、亚太地区和美洲开展业务，市值约为 64.9 亿欧元。</p>
</div><p><strong>Operations:</strong> The company's revenue is primarily derived from Project Delivery (€5.35 billion) and Technology, Products and Services (€1.79 billion).</p>
<div class="lb-trans"><p><strong>运营：</strong> 公司的收入主要来自项目交付（53.5 亿欧元）和技术、产品及服务（17.9 亿欧元）。</p>
</div><p><strong>Estimated Discount To Fair Value:</strong> 47.6%</p>
<div class="lb-trans"><p><strong>估计公允价值折扣：</strong> 47.6%</p>
</div><p>Technip Energies is trading at €37.08, significantly below its estimated future cash flow value of €70.82, indicating substantial undervaluation based on discounted cash flow analysis. Despite moderate expected earnings growth of 14.1% annually, which surpasses the French market average, revenue growth is forecasted at 9% per year. Recent major contracts in LNG and petrochemical sectors bolster its project pipeline and reinforce its global industry position, potentially enhancing future cash flows and valuation prospects.</p>
<div class="lb-trans"><p>Technip Energies 的交易价格为 37.08 欧元，显著低于其估计的未来现金流价值 70.82 欧元，表明基于折现现金流分析的重大低估。尽管预计年均盈利增长为 14.1%，超过法国市场平均水平，但收入增长预计为每年 9%。最近在液化天然气和石化行业的大型合同增强了其项目管道，并巩固了其全球行业地位，可能提升未来的现金流和估值前景。</p>
</div><ul>
<li>Our comprehensive growth report raises the possibility that Technip Energies is poised for substantial financial growth.</li>
<li>Navigate through the intricacies of Technip Energies with our comprehensive financial health report here.</li>
</ul>
<div class="lb-trans"><ul>
<li>我们的综合增长报告提出 Technip Energies 可能面临显著的财务增长机会。</li>
<li>点击此处查看我们关于 Technip Energies 的全面财务健康报告，深入了解其复杂性。</li>
</ul>
</div><h2>Sanoma Oyj (HLSE:SANOMA)</h2>
<div class="lb-trans"><h2>Sanoma Oyj (HLSE:SANOMA)</h2>
</div><p><strong>Overview:</strong> Sanoma Oyj is a media and learning company with operations in Finland, the Netherlands, Poland, Spain, Belgium, Italy, and internationally; it has a market cap of €1.46 billion.</p>
<div class="lb-trans"><p><strong>概述：</strong> Sanoma Oyj 是一家媒体和学习公司，在芬兰、荷兰、波兰、西班牙、比利时、意大利及国际上开展业务；市值为 14.6 亿欧元。</p>
</div><p><strong>Operations:</strong> Sanoma Oyj generates its revenue primarily from two segments: Learning, which contributes €749.10 million, and Media Finland, accounting for €553.50 million.</p>
<div class="lb-trans"><p><strong>运营：</strong> Sanoma Oyj 的收入主要来自两个部门：学习部门贡献 7.491 亿欧元，芬兰媒体部门贡献 5.535 亿欧元。</p>
</div><p><strong>Estimated Discount To Fair Value:</strong> 49.8%</p>
<div class="lb-trans"><p><strong>估计公允价值折扣：</strong> 49.8%</p>
</div><p>Sanoma Oyj is trading at €8.98, well below its estimated future cash flow value of €17.87, highlighting a significant undervaluation. The company's earnings are forecast to grow significantly at 32.6% annually, outpacing the Finnish market average of 13.7%. However, Sanoma faces challenges with high debt levels and recent profit margin declines from 2.2% to 1.1%. Recent board changes and dividend announcements may influence its strategic direction and shareholder returns.</p>
<div class="lb-trans"><p>Sanoma Oyj 的交易价格为 8.98 欧元，远低于其估计的未来现金流价值 17.87 欧元，突显出显著的低估。预计公司的盈利将显著增长，年均增长 32.6%，超过芬兰市场平均水平 13.7%。然而，Sanoma 面临高债务水平和最近利润率从 2.2% 下降至 1.1% 的挑战。最近的董事会变动和股息公告可能会影响其战略方向和股东回报。</p>
</div><ul>
<li>Our expertly prepared growth report on Sanoma Oyj implies its future financial outlook may be stronger than recent results.</li>
<li>Click here to discover the nuances of Sanoma Oyj with our detailed financial health report.</li>
</ul>
<div class="lb-trans"><ul>
<li>我们为 Sanoma Oyj 准备的专业增长报告暗示其未来财务前景可能比近期结果更强劲。</li>
<li>点击此处了解 Sanoma Oyj 的细微差别，查看我们的详细财务健康报告。</li>
</ul>
</div><h2>Delivery Hero (XTRA:DHER)</h2>
<div class="lb-trans"><h2>Delivery Hero (XTRA:DHER)</h2>
</div><p><strong>Overview:</strong> Delivery Hero SE operates in online food ordering, quick commerce, and delivery services with a market cap of €8.80 billion.</p>
<div class="lb-trans"><p><strong>概述：</strong> Delivery Hero SE 在在线食品订购、快速商业和配送服务领域运营，市值为 88 亿欧元。</p>
</div><p><strong>Operations:</strong> The company's revenue segments are Asia (€4.42 billion), Europe (€2.49 billion), Americas (€1.06 billion), Integrated Verticals (€3.19 billion), and MENA (Middle East and North Africa) (€4.03 billion).</p>
<div class="lb-trans"><p><strong>运营：</strong> 公司的收入分部包括亚洲（44.2 亿欧元）、欧洲（24.9 亿欧元）、美洲（10.6 亿欧元）、综合垂直（31.9 亿欧元）和中东及北非（40.3 亿欧元）。</p>
</div><p><strong>Estimated Discount To Fair Value:</strong> 49%</p>
<div class="lb-trans"><p><strong>估计公允价值折扣：</strong> 49%</p>
</div><p>Delivery Hero is trading at €29.5, significantly below its estimated future cash flow value of €57.8, indicating strong undervaluation based on discounted cash flow analysis. The company is expected to achieve profitability within three years and forecasts annual earnings growth of 92.56%. Recent M&amp;A activity includes plans to sell Woowa Brothers for US$5.37 billion, potentially enhancing financial flexibility and strategic focus amidst volatile share prices and ongoing portfolio reviews.</p>
<div class="lb-trans"><p>Delivery Hero 的交易价格为 29.5 欧元，显著低于其估计的未来现金流价值 57.8 欧元，表明基于折现现金流分析的强烈低估。预计公司将在三年内实现盈利，并预测年均盈利增长 92.56%。最近的并购活动包括计划以 53.7 亿美元出售 Woowa Brothers，可能在股价波动和持续的投资组合审查中增强财务灵活性和战略重点。</p>
</div><ul>
<li>In light of our recent growth report, it seems possible that Delivery Hero's financial performance will exceed current levels.</li>
<li>Click here and access our complete balance sheet health report to understand the dynamics of Delivery Hero.</li>
</ul>
<div class="lb-trans"><ul>
<li>根据我们最近的增长报告，Delivery Hero 的财务表现似乎有可能超过当前水平。</li>
<li>点击此处访问我们的完整资产负债表健康报告，以了解 Delivery Hero 的动态。</li>
</ul>
</div><h2>Next Steps</h2>
<div class="lb-trans"><h2>下一步</h2>
</div><ul>
<li>Get an in-depth perspective on all 197 Undervalued European Stocks Based On Cash Flows by using our screener here.</li>
<li>Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.</li>
<li>Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.</li>
</ul>
<div class="lb-trans"><ul>
<li>使用我们的筛选器深入了解所有 197 只基于现金流的被低估欧洲股票。</li>
<li>持有这些公司的股票？在 Simply Wall St 上设置您的投资组合，以无缝跟踪您的投资并接收个性化的投资组合表现更新。</li>
<li>使用 Simply Wall St 应用程序提升您的投资能力，享受免费访问涵盖每个大洲的市场情报。</li>
</ul>
</div><h2>Contemplating Other Strategies?</h2>
<div class="lb-trans"><h2>考虑其他策略？</h2>
</div><ul>
<li>Explore high-performing small cap companies that haven't yet garnered significant analyst attention.</li>
<li>Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.</li>
<li>Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.</li>
</ul>
<div class="lb-trans"><ul>
<li>探索尚未获得显著分析师关注的高表现小型公司。</li>
<li>通过提供可靠收入流的稳健分红股票来多样化您的投资组合，以应对潜在的市场动荡。</li>
<li>关注显示强劲增长潜力的公司，获得分析师和管理层的乐观展望支持。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>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.</strong> 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.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容为一般性信息。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不构成财务建议。它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。</strong> 我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

欧洲价值股在 2026 年 5 月以预估折扣进行交易