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 43,679 - -
Change - -0.46% 11.11% -6.6% 47.51% 15.7% - -
Enterprise Value (EV) 1 49,044 49,959 54,402 48,075 60,278 80,535 78,936 76,845
Change - 1.87% 8.89% -11.63% 25.38% 33.61% -1.99% -2.65%
P/E - 12.7x 12.1x 11.7x 101x 15.8x 15x 13.2x
PBR 0.77x 0.78x 0.86x 0.81x 1.27x 1.39x 1.32x 1.28x
PEG - - 0.7x -3.32x -1.2x 0x 2.92x 1x
Capitalization / Revenue 0.58x 0.57x 0.62x 0.64x 0.93x 0.97x 0.89x 0.88x
EV / Revenue 1.15x 1.15x 1.23x 1.19x 1.49x 1.79x 1.61x 1.54x
EV / EBITDA 3.9x 3.85x 4.17x 3.97x 4.83x 5.61x 4.94x 4.64x
EV / EBIT 6.15x 8.41x 9.7x 8.76x 13.2x 13.6x 12.3x 10.7x
EV / FCF 13.7x 12.9x 10.4x 12.8x 13.2x 19.3x 15.6x 14.2x
FCF Yield 7.29% 7.73% 9.63% 7.84% 7.58% 5.18% 6.4% 7.04%
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% 4.86% 5.06% 5.26%
EPS 2 - 0.73 0.85 0.82 0.14 1.026 1.079 1.224
Distribution rate - 95.9% 82.4% 87.8% 536% 76.7% 76% 69.5%
Net sales 1 42,522 43,471 44,122 40,260 40,396 44,949 49,003 49,903
EBITDA 1 12,566 12,963 13,035 12,109 12,470 14,348 15,995 16,563
EBIT 1 7,969 5,943 5,610 5,489 4,568 5,916 6,430 7,160
Net income 1 233 2,146 2,440 2,350 538 2,580 2,890 3,372
Net Debt 1 24,269 25,298 27,002 22,482 22,526 36,857 35,258 33,166
Reference price 2 9.41 9.28 10.30 9.63 14.20 16.18 16.18 16.18
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 17/02/22 16/02/23 15/02/24 13/02/25 18/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.15x2.39x6.38x6.44% 183B
13.24x2.12x5.51x4.23% 146B
13.26x1.94x5.36x2.42% 78.57B
12.08x1.76x7.51x3.56% 75.82B
15.37x2.67x8.37x5.12% 57.26B
23.79x5.36x19.57x4.5% 55.87B
14.52x2.59x5.98x4.68% 47.21B
23.53x3.25x7.17x4.32% 39.8B
24.36x2.97x7.9x4.22% 38.68B
Average 16.59x 2.78x 8.19x 4.39% 80.24B
Weighted average by Cap. 14.32x 2.56x 7.49x 4.65%

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