Valuation SES S.A.

Stocks

Market Closed - Euronext Paris Other stock markets 11:55:00 2026-07-17 EDT			Pre-market 02:24:37
7.370 ^EUR	-1.14%		7.288	-1.11%

07-15	Ses S.A., Airbus Netherlands B.V. and Municipality of Noordwijk Enter Ground Lease Agreement to Build Satellite Optical Ground Station for Eagle-1	CI
07-15	SES Partners with Airbus Unit on Dedicated Optical Ground Station in Netherlands	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	3,173	2,682	2,618	1,334	2,311	3,073	-	-
Change	-	-15.46%	-2.41%	-49.05%	73.28%	32.99%	-	-
Enterprise Value (EV) ¹	5,705	5,983	3,870	2,333	8,211	8,921	8,690	8,607
Change	-	4.88%	-35.32%	-39.72%	251.99%	8.65%	-2.58%	-0.95%
P/E	7.58x	-38.1x	-2.79x	-	-21.3x	-20.3x	-34.3x	30x
PBR	0.71x	0.61x	0.9x	0.5x	1.17x	1.19x	1.28x	1.35x
PEG	-	0x	-0x	-	-	-0.5x	0.8x	-0x
Capitalization / Revenue	1.78x	1.38x	1.29x	0.67x	0.88x	0.9x	0.89x	0.89x
EV / Revenue	3.2x	3.08x	1.91x	1.17x	3.13x	2.61x	2.53x	2.49x
EV / EBITDA	3.06x	4.82x	3.78x	2.27x	6.87x	6.06x	5.75x	5.51x
EV / EBIT	12.2x	42.7x	-5.64x	36.4x	128x	50.8x	35.2x	22.3x
EV / FCF	5.63x	49x	1.26x	3.32x	21.3x	16.8x	22.7x	23.9x
FCF Yield	17.8%	2.04%	79.4%	30.1%	4.7%	5.95%	4.4%	4.19%
Dividend per Share ²	0.5	0.5	0.5	0.5	0.5	0.5012	0.505	0.5131
Rate of return	7.17%	8.21%	8.39%	16.4%	9.04%	6.8%	6.85%	6.96%
EPS ²	0.92	-0.16	-2.14	-	-0.26	-0.3622	-0.2151	0.2459
Distribution rate	54.3%	-313%	-23.4%	-	-192%	-138%	-235%	209%
Net sales ¹	1,782	1,944	2,030	2,001	2,627	3,416	3,441	3,452
EBITDA ¹	1,862	1,242	1,025	1,028	1,196	1,473	1,511	1,563
EBIT ¹	468	140	-686	64	64	175.7	247.1	386.7
Net income ¹	453	-34	-905	15	-95	-141	-58.37	74.07
Net Debt ¹	2,532	3,301	1,252	999	5,900	5,847	5,617	5,534
Reference price ²	6.972	6.090	5.960	3.058	5.530	7.370	7.370	7.370
Nbr of stocks (in thousands)	455,047	440,401	439,184	436,134	417,898	417,006	-	-
Announcement Date	2/24/22	2/27/23	2/29/24	2/26/25	3/2/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SES S.A.	-20.35x	2.61x	6.06x	6.8%	3.52B
COMCAST CORPORATION	8.16x	1.37x	5x	5.57%	84.98B
ECHOSTAR CORPORATION	64.11x	3.46x	22.17x	-.--%	26.66B
AST SPACEMOBILE, INC.	-39.29x	112.84x	-72.07x	-.--%	17.27B
GLOBALSTAR, INC.	-208.37x	33.08x	66.34x	-.--%	10.2B
IRIDIUM COMMUNICATIONS INC.	42.37x	7.22x	13.17x	1.33%	4.95B
SKY PERFECT JSAT CORPORATION	23.51x	4.61x	11.27x	2.13%	3.97B
EUTELSAT COMMUNICATIONS	-7.41x	3.44x	6.55x	-.--%	2.9B
HAWKEYE 360, INC.	-98.37x	6.48x	38.64x	-	1.83B
Average	-26.18x	19.46x	10.79x	1.98%	17.36B
Weighted average by Cap.	-2.37x	16.51x	4.28x	3.32%