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 46,617 - -
Change - -0.46% 11.11% -6.6% 47.51% 23.48% - -
Enterprise Value (EV) 1 49,044 49,959 54,402 48,075 60,278 86,384 85,253 83,303
Change - 1.87% 8.89% -11.63% 25.38% 43.31% -1.31% -2.29%
P/E Ratio - 12.7x 12.1x 11.7x 101x 17.3x 15.4x 14.1x
PBR 0.77x 0.78x 0.86x 0.81x 1.27x 1.49x 1.41x 1.35x
PEG - - 0.7x -3.32x -1.2x 0x 1.3x 1.6x
Capitalization / Revenue 0.58x 0.57x 0.62x 0.64x 0.93x 1.04x 0.95x 0.93x
EV / Revenue 1.15x 1.15x 1.23x 1.19x 1.49x 1.93x 1.74x 1.67x
EV / EBITDA 3.9x 3.85x 4.17x 3.97x 4.83x 6.02x 5.26x 4.96x
EV / EBIT 6.15x 8.41x 9.7x 8.76x 13.2x 14.1x 12.4x 11.6x
EV / FCF 13.7x 12.9x 10.4x 12.8x 13.2x 20.6x 17.4x 15.6x
FCF Yield 7.29% 7.73% 9.63% 7.84% 7.58% 4.85% 5.75% 6.4%
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% 4.49% 4.68% 4.86%
EPS 2 - 0.73 0.85 0.82 0.14 1.016 1.141 1.242
Distribution rate - 95.9% 82.4% 87.8% 536% 77.5% 71.8% 68.5%
Net sales 1 42,522 43,471 44,122 40,260 40,396 44,679 49,035 49,926
EBITDA 1 12,566 12,963 13,035 12,109 12,470 14,360 16,213 16,798
EBIT 1 7,969 5,943 5,610 5,489 4,568 6,141 6,885 7,190
Net income 1 233 2,146 2,440 2,350 538 2,738 3,094 3,385
Net Debt 1 24,269 25,298 27,002 22,482 22,526 39,767 38,636 36,686
Reference price 2 9.41 9.28 10.30 9.63 14.20 17.53 17.53 17.53
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 2/17/22 A 2/16/23 A 2/15/24 A 2/13/25 A 2/18/26 A - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.02x2.5x6.69x5.87% 201B
14.12x2.19x5.76x3.99% 158B
13.47x2.09x5.26x2.31% 83.43B
11.67x1.69x6.93x3.6% 75.23B
15.79x2.75x8.61x5% 58.66B
16.26x5.24x19.01x4.42% 54.6B
13.83x2.55x5.86x4.89% 44.89B
24.29x3.37x7.42x4.1% 42.73B
25.33x3.07x8.2x4.04% 40.65B
Average 16.09x 2.83x 8.19x 4.25% 84.33B
Weighted average by Cap. 14.16x 2.61x 7.47x 4.44%

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

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