Company Valuation: Orange

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,775 24,661 27,400 25,593 37,752 42,431 - -
Change - -0.46% 11.11% -6.6% 47.51% 12.39% - -
Enterprise Value (EV) 1 49,044 49,959 54,402 48,075 60,278 80,356 80,075 78,033
Change - 1.87% 8.89% -11.63% 25.38% 33.31% -0.35% -2.55%
P/E - 12.7x 12.1x 11.7x 101x 11.9x 14.1x 12.4x
PBR 0.77x 0.78x 0.86x 0.81x 1.27x 1.39x 1.3x 1.26x
PEG - - 0.7x -3.32x -1.2x 0x -0.9x 0.9x
Capitalization / Revenue 0.58x 0.57x 0.62x 0.64x 0.93x 0.94x 0.86x 0.85x
EV / Revenue 1.15x 1.15x 1.23x 1.19x 1.49x 1.78x 1.63x 1.56x
EV / EBITDA 3.9x 3.85x 4.17x 3.97x 4.83x 5.38x 4.93x 4.64x
EV / EBIT 6.15x 8.41x 9.7x 8.76x 13.2x 13.1x 11.6x 11x
EV / FCF 13.7x 12.9x 10.4x 12.8x 13.2x 17x 14.8x 13.4x
FCF Yield 7.29% 7.73% 9.63% 7.84% 7.58% 5.89% 6.75% 7.46%
Dividend per Share 2 0.7 0.7 0.7 0.72 0.75 0.7857 0.8196 0.8513
Rate of return 7.44% 7.54% 6.79% 7.48% 5.28% 4.92% 5.13% 5.33%
EPS 2 - 0.73 0.85 0.82 0.14 1.34 1.13 1.285
Distribution rate - 95.9% 82.4% 87.8% 536% 58.6% 72.6% 66.3%
Net sales 1 42,522 43,471 44,122 40,260 40,396 45,157 49,090 49,945
EBITDA 1 12,566 12,963 13,035 12,109 12,470 14,945 16,248 16,807
EBIT 1 7,969 5,943 5,610 5,489 4,568 6,130 6,898 7,104
Net income 1 233 2,146 2,440 2,350 538 3,597 3,062 3,492
Net Debt 1 24,269 25,298 27,002 22,482 22,526 37,924 37,643 35,602
Reference price 2 9.41 9.28 10.30 9.63 14.20 15.96 15.96 15.96
Nbr of stocks (in thousands) 2,631,971 2,657,122 2,659,182 2,658,153 2,658,600 2,657,769 - -
Announcement Date 17/2/22 16/2/23 15/2/24 13/2/25 18/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.92x1.78x5.38x4.92% 49.53B
11.69x1.38x4.34x6.77% 232B
10.89x2.57x6.79x5.71% 205B
13.96x2.23x5.74x3.9% 162B
13.22x1.79x7.66x3.2% 85.07B
12.98x0.94x3.52x5.82% 82.9B
11.96x1.82x4.59x2.74% 71.52B
15.59x2.72x8.51x4.98% 58.99B
23.62x5.34x19.53x4.54% 56.57B
15.78x2.78x6.22x4.4% 51.05B
Average 14.16x 2.33x 7.23x 4.7% 105.56B
Weighted average by Cap. 13.19x 2.14x 6.44x 5.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield