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 42,203 - -
Change - -0.46% 11.11% -6.6% 47.51% 11.79% - -
Enterprise Value (EV) 1 49,044 49,959 54,402 48,075 60,278 80,811 79,759 77,752
Change - 1.87% 8.89% -11.63% 25.38% 34.06% -1.3% -2.52%
P/E - 12.7x 12.1x 11.7x 101x 15.3x 14.2x 12.9x
PBR 0.77x 0.78x 0.86x 0.81x 1.27x 1.36x 1.3x 1.26x
PEG - - 0.7x -3.32x -1.2x 0x 1.71x 1.35x
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 1.8x 1.63x 1.56x
EV / EBITDA 3.9x 3.85x 4.17x 3.97x 4.83x 5.61x 4.98x 4.69x
EV / EBIT 6.15x 8.41x 9.7x 8.76x 13.2x 13.2x 11.6x 10.8x
EV / FCF 13.7x 12.9x 10.4x 12.8x 13.2x 19.2x 16x 14.3x
FCF Yield 7.29% 7.73% 9.63% 7.84% 7.58% 5.2% 6.27% 7.02%
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% 4.96% 5.16% 5.36%
EPS 2 - 0.73 0.85 0.82 0.14 1.034 1.12 1.226
Distribution rate - 95.9% 82.4% 87.8% 536% 76.1% 73.2% 69.4%
Net sales 1 42,522 43,471 44,122 40,260 40,396 44,926 49,034 49,898
EBITDA 1 12,566 12,963 13,035 12,109 12,470 14,394 16,014 16,584
EBIT 1 7,969 5,943 5,610 5,489 4,568 6,102 6,895 7,196
Net income 1 233 2,146 2,440 2,350 538 2,607 3,024 3,380
Net Debt 1 24,269 25,298 27,002 22,482 22,526 38,608 37,556 35,549
Reference price 2 9.41 9.28 10.30 9.63 14.20 15.87 15.87 15.87
Nbr of stocks (in thousands) 2,631,971 2,657,122 2,659,182 2,658,153 2,658,600 2,659,283 - -
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.($)
15.35x1.8x5.61x4.96% 48.25B
11.22x1.3x4.02x7.14% 221B
8.75x2.32x6.22x6.7% 176B
12.99x2.1x5.52x4.32% 144B
12.86x2.02x5.09x2.42% 78.08B
11.75x1.73x7.42x3.66% 74.43B
11.88x0.77x2.87x6.79% 72.57B
15.52x2.7x8.46x5.07% 57.81B
23.68x5.34x19.5x4.52% 55.69B
15.15x2.73x6.25x4.51% 49.01B
Average 13.92x 2.28x 7.10x 5.01% 97.62B
Weighted average by Cap. 12.62x 2.06x 6.23x 5.46%

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