Company Valuation: Orange

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 25,874 24,775 24,661 27,400 25,593 39,268 39,268 -
Change - -4.25% -0.46% 11.11% -6.6% 53.43% 0% -
Enterprise Value (EV) 1 49,363 49,044 49,959 54,402 48,075 67,384 69,478 68,739
Change - -0.65% 1.87% 8.89% -11.63% 40.17% 3.11% -1.06%
P/E ratio 5.69x - 12.7x 12.1x 11.7x 25.9x 12.7x 11.7x
PBR 0.75x 0.77x 0.78x 0.86x 0.81x 1.26x 1.18x 1.13x
PEG - - - 0.7x -3.32x -0.9x 0x 1.32x
Capitalization / Revenue 0.61x 0.58x 0.57x 0.62x 0.64x 0.97x 0.96x 0.95x
EV / Revenue 1.17x 1.15x 1.15x 1.23x 1.19x 1.67x 1.69x 1.67x
EV / EBITDA 3.89x 3.9x 3.85x 4.17x 3.97x 5.43x 5.23x 5.08x
EV / EBIT 12x 6.15x 8.41x 9.7x 8.76x 13.2x 11.1x 10.3x
EV / FCF 8.87x 13.7x 12.9x 10.4x 12.8x 20.7x 19.5x 18.2x
FCF Yield 11.3% 7.29% 7.73% 9.63% 7.84% 4.83% 5.12% 5.49%
Dividend per Share 2 0.7 0.7 0.7 0.7 0.72 0.768 0.7858 0.8108
Rate of return 7.19% 7.44% 7.54% 6.79% 7.48% 5.2% 5.32% 5.49%
EPS 2 1.71 - 0.73 0.85 0.82 0.5708 1.164 1.267
Distribution rate 40.9% - 95.9% 82.4% 87.8% 135% 67.5% 64%
Net sales 1 42,270 42,522 43,471 44,122 40,260 40,329 41,076 41,194
EBITDA 1 12,680 12,566 12,963 13,035 12,109 12,410 13,273 13,537
EBIT 1 4,107 7,969 5,943 5,610 5,489 5,099 6,231 6,685
Net income 1 4,822 233 2,146 2,440 2,350 1,523 3,088 3,385
Net Debt 1 23,489 24,269 25,298 27,002 22,482 28,117 30,210 29,471
Reference price 2 9.73 9.41 9.28 10.30 9.63 14.77 14.77 14.77
Nbr of stocks (in thousands) 26,58,157 26,31,971 26,57,122 26,59,182 26,58,153 26,58,600 26,58,600 -
Announcement Date 18/02/21 17/02/22 16/02/23 15/02/24 13/02/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.88x1.67x5.37x5.2% 4.55TCr
10.77x1.29x3.98x6.88% 23TCr
8.59x2.19x6.05x7.02% 16TCr
11.95x1.71x6.99x3.4% 8.13TCr
12.21x0.8x2.95x6.03% 7.57TCr
12.51x1.85x4.66x2.88% 6.15TCr
14.91x2.74x8.65x4.99% 5.89TCr
26.62x5.63x20.34x4.14% 5.74TCr
11.98x2.8x6.35x4.41% 4.62TCr
23.68x3.07x6.97x4.28% 3.84TCr
Average 15.91x 2.37x 7.23x 4.92% 8.55TCr
Weighted average by Cap. 13.52x 2.07x 6.38x 5.56%
See all sector valuations

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