Claranova SE, a prominent French information technology company, has recently undergone a significant transition by being transferred to Euronext Growth Paris, effective from 11 February 2026. This move marks a new chapter for the company, which specializes in digital printing, managing the Internet of Things (IoT), and e-commerce businesses. Claranova operates through three primary segments: PlanetArt, mydevices, and Avanquest Software, each contributing uniquely to its diverse portfolio.
The PlanetArt segment is renowned for its customizable cards and stationery products, which are adorned with text and photos under the Simply to Impress brand. Additionally, CanvasWorld offers a service that converts photos into canvas wall art, while MyCustomCase provides personalized cases for mobile phones, tablets, and other devices. The segment also features a range of personalized photo products under the PhotoAffections brand, alongside mobile applications such as FreePrints and FreePrints Photobooks.
In the mydevices segment, Claranova introduces Cayenne, a drag-and-drop IoT project builder, which underscores the company’s commitment to innovation in the IoT space. This segment highlights Claranova’s strategic focus on leveraging technology to create user-friendly solutions for managing IoT projects.
The Avanquest Software segment is responsible for the development, publishing, and marketing of PC software products across various categories. This segment reflects Claranova’s longstanding expertise in software solutions, catering to a broad spectrum of consumer needs.
Financially, Claranova’s recent performance has been marked by volatility. The company’s most recent closing price stood at €1.07, closely tracking its 52-week low of €1.05 recorded on 8 February 2026. This price point is a stark contrast to the 52-week high of €3.235 achieved on 10 June 2025, illustrating the significant fluctuations in its share price over the past year. The negative price-to-earnings ratio of –2.224 suggests that the company’s earnings are currently below the market value of its stock, a factor that may influence investor sentiment.
Despite this, the price-to-book ratio of 1.502 indicates that the market values Claranova at approximately one and a half times its book value. This valuation may reflect market expectations of future profitability or potential asset revaluation, suggesting a degree of optimism about the company’s prospects.
As Claranova enters its new trading venue on Euronext Growth Paris, the combination of its modest current price, broad yearly price swing, and valuation multiples provides a comprehensive snapshot of its market position. The company’s diverse portfolio and strategic focus on digital printing, IoT management, and software development position it as a dynamic player in the information technology sector. As Claranova navigates its new trading environment, stakeholders will be keenly observing its ability to capitalize on its strengths and address the challenges reflected in its financial metrics.
