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 38,378 - -
Change - -0.46% 11.11% -6.6% 47.51% 1.66% - -
Enterprise Value (EV) 1 49,044 49,959 54,402 48,075 60,278 75,520 77,898 75,987
Change - 1.87% 8.89% -11.63% 25.38% 25.29% 3.15% -2.45%
P/E - 12.7x 12.1x 11.7x 101x 9.18x 12.6x 11.4x
PBR 0.77x 0.78x 0.86x 0.81x 1.27x 1.14x 1.14x 1.1x
PEG - - 0.7x -3.32x -1.2x 0x -0.5x 1x
Capitalization / Revenue 0.58x 0.57x 0.62x 0.64x 0.93x 0.84x 0.78x 0.76x
EV / Revenue 1.15x 1.15x 1.23x 1.19x 1.49x 1.66x 1.58x 1.51x
EV / EBITDA 3.9x 3.85x 4.17x 3.97x 4.83x 5.08x 4.77x 4.5x
EV / EBIT 6.15x 8.41x 9.7x 8.76x 13.2x 10.7x 11.4x 10.7x
EV / FCF 13.7x 12.9x 10.4x 12.8x 13.2x 18.4x 16.2x 14.4x
FCF Yield 7.29% 7.73% 9.63% 7.84% 7.58% 5.45% 6.18% 6.94%
Dividend per Share 2 0.7 0.7 0.7 0.72 0.75 0.787 0.8196 0.8513
Rate of return 7.44% 7.54% 6.79% 7.48% 5.28% 5.45% 5.68% 5.9%
EPS 2 - 0.73 0.85 0.82 0.14 1.572 1.143 1.268
Distribution rate - 95.9% 82.4% 87.8% 536% 50% 71.7% 67.2%
Net sales 1 42,522 43,471 44,122 40,260 40,396 45,454 49,349 50,182
EBITDA 1 12,566 12,963 13,035 12,109 12,470 14,879 16,317 16,875
EBIT 1 7,969 5,943 5,610 5,489 4,568 7,053 6,847 7,109
Net income 1 233 2,146 2,440 2,350 538 4,180 3,065 3,485
Net Debt 1 24,269 25,298 27,002 22,482 22,526 37,142 39,520 37,609
Reference price 2 9.41 9.28 10.30 9.63 14.20 14.44 14.44 14.44
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 2/17/22 2/16/23 2/15/24 2/13/25 2/18/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.18x1.66x5.08x5.45% 42.85B
9.67x2.44x6.41x6.46% 181B
40.25x7.96x14.8x - 133B
12.41x2.07x5.33x4.39% 137B
13.39x1.85x8.07x3.12% 88.47B
13.49x2.03x5.09x2.44% 72.18B
13.91x2.52x8.11x5.34% 54.76B
22.11x5.11x18.68x4.91% 52.38B
13.44x2.56x5.5x4.58% 49.34B
25.77x3.45x7.56x3.91% 43.16B
Average 17.36x 3.17x 8.46x 4.51% 85.48B
Weighted average by Cap. 17.63x 3.34x 8.41x 4.72%

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