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 40,837 - -
Change - -0.46% 11.11% -6.6% 47.51% 8.17% - -
Enterprise Value (EV) 1 49,044 49,959 54,402 48,075 60,278 77,979 80,357 78,445
Change - 1.87% 8.89% -11.63% 25.38% 29.37% 3.05% -2.38%
P/E - 12.7x 12.1x 11.7x 101x 9.77x 13.4x 12.1x
PBR 0.77x 0.78x 0.86x 0.81x 1.27x 1.22x 1.21x 1.17x
PEG - - 0.7x -3.31x -1.2x 0x -0.5x 1.1x
Capitalization / Revenue 0.58x 0.57x 0.62x 0.64x 0.93x 0.9x 0.83x 0.81x
EV / Revenue 1.15x 1.15x 1.23x 1.19x 1.49x 1.72x 1.63x 1.56x
EV / EBITDA 3.9x 3.85x 4.17x 3.97x 4.83x 5.24x 4.92x 4.65x
EV / EBIT 6.15x 8.41x 9.7x 8.76x 13.2x 11.1x 11.7x 11x
EV / FCF 13.7x 12.9x 10.4x 12.8x 13.2x 19x 16.7x 14.9x
FCF Yield 7.29% 7.73% 9.63% 7.84% 7.58% 5.27% 6% 6.72%
Dividend per Share 2 0.7 0.7 0.7 0.72 0.75 0.787 0.8196 0.8513
Rate of return 7.44% 7.54% 6.79% 7.48% 5.28% 5.12% 5.33% 5.54%
EPS 2 - 0.73 0.85 0.82 0.14 1.572 1.143 1.268
Distribution rate - 95.9% 82.4% 87.8% 536% 50% 71.7% 67.2%
Net sales 1 42,522 43,471 44,122 40,260 40,396 45,454 49,349 50,182
EBITDA 1 12,566 12,963 13,035 12,109 12,470 14,879 16,317 16,875
EBIT 1 7,969 5,943 5,610 5,489 4,568 7,053 6,847 7,109
Net income 1 233 2,146 2,440 2,350 538 4,180 3,065 3,485
Net Debt 1 24,269 25,298 27,002 22,482 22,526 37,142 39,520 37,609
Reference price 2 9.41 9.28 10.30 9.63 14.20 15.36 15.36 15.36
Nbr of stocks (in thousands) 2,631,971 2,657,122 2,659,182 2,658,153 2,658,600 2,657,769 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.64x1.7x5.21x5.19% 45.15B
11.75x1.36x4.31x6.64% 229B
10.2x2.5x6.56x6.12% 191B
12.67x2.09x5.52x4.26% 141B
38.08x8.33x15.39x - 135B
12.04x0.93x3.52x6.34% 87.03B
13.09x1.79x7.75x3.27% 84.55B
14.34x2.11x5.3x2.29% 77.61B
14.35x - - 5.33% 54.95B
21.95x5.09x18.58x4.93% 52.02B
Average 15.81x 2.88x 8.02x 4.93% 110B
Weighted average by Cap. 15.67x 2.83x 7.36x 5.28%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Orange

Historical PBR trend

Valuation ratios - PBR - Orange

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Orange

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Orange


Year-on-year evolution of the Yield

Valuation ratios - Yield - Orange