France is one of the leading economic forces in Europe, but it currently faces many financial challenges. Even though the country has shown a decent return on its ETF, MSCI, during the last 12 months, its macroeconomic indicators are not so positive. In particular, the country’s fiscal balance is -9.2 as of GDP. Industrial production growth is -11.5%, and GDP growth is -8.1
Simultaneously, the valuation indicators are promising for France because, for example, the PE Ratio is 16.6. The analysis of all the information from the screening table allows for concluding that an average rating score is 1.9 out of 3. Consequently, it is possible to recommend buying the country’s ETF because the current period can be considered a productive entry point that is followed by a growth period.