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 36,863 - -
Change - -0.46% 11.11% -6.6% 47.51% -2.35% - -
Enterprise Value (EV) 1 49,044 49,959 54,402 48,075 60,278 76,633 75,709 73,771
Change - 1.87% 8.89% -11.63% 25.38% 27.13% -1.21% -2.56%
P/E - 12.7x 12.1x 11.7x 101x 9.83x 11.9x 10.7x
PBR 0.77x 0.78x 0.86x 0.81x 1.27x 1.17x 1.11x 1.07x
PEG - - 0.7x -3.32x -1.2x 0x -0.7x 1x
Capitalization / Revenue 0.58x 0.57x 0.62x 0.64x 0.93x 0.81x 0.75x 0.74x
EV / Revenue 1.15x 1.15x 1.23x 1.19x 1.49x 1.69x 1.54x 1.47x
EV / EBITDA 3.9x 3.85x 4.17x 3.97x 4.83x 5.17x 4.71x 4.43x
EV / EBIT 6.15x 8.41x 9.7x 8.76x 13.2x 12.4x 10.9x 10.3x
EV / FCF 13.7x 12.9x 10.4x 12.8x 13.2x 17.8x 15.4x 13.9x
FCF Yield 7.29% 7.73% 9.63% 7.84% 7.58% 5.63% 6.49% 7.19%
Dividend per Share 2 0.7 0.7 0.7 0.72 0.75 0.7872 0.8196 0.8513
Rate of return 7.44% 7.54% 6.79% 7.48% 5.28% 5.68% 5.91% 6.14%
EPS 2 - 0.73 0.85 0.82 0.14 1.41 1.168 1.292
Distribution rate - 95.9% 82.4% 87.8% 536% 55.8% 70.2% 65.9%
Net sales 1 42,522 43,471 44,122 40,260 40,396 45,341 49,217 50,074
EBITDA 1 12,566 12,963 13,035 12,109 12,470 14,815 16,089 16,651
EBIT 1 7,969 5,943 5,610 5,489 4,568 6,166 6,940 7,176
Net income 1 233 2,146 2,440 2,350 538 4,011 3,127 3,532
Net Debt 1 24,269 25,298 27,002 22,482 22,526 39,769 38,845 36,907
Reference price 2 9.41 9.28 10.30 9.63 14.20 13.87 13.87 13.87
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.($)
11.16x1.32x4.2x6.93% 225B
9.22x2.34x6.2x6.77% 173B
11.89x2.06x4.76x4.56% 133B
13.5x1.86x8.1x3.09% 88.91B
12.29x0.92x3.45x6.22% 83.5B
11.6x1.8x4.53x2.8% 64.24B
14.78x2.66x8.3x5.18% 56.64B
22.79x5.26x19.17x4.78% 54.03B
14.17x2.62x5.83x4.58% 48.87B
Average 13.49x 2.32x 7.17x 4.99% 103.03B
Weighted average by Cap. 12.31x 2.05x 6.19x 5.49%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Orange

Historical PBR trend

Valuation ratios - PBR - Orange

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Orange

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Orange


Year-on-year evolution of the Yield

Valuation ratios - Yield - Orange