Valuation Orange

Equities

Market Closed - Euronext Paris Other stock markets 16:55:00 12/12/2025 GMT			5-day change	1st Jan Change
13.68 ^EUR	-0.40%		-0.44%	+42.09%

12-12	Orange signs binding agreement to buy remaining 50% stake in MásOrange	RE
12-12	Zegona Communications starts EUR200 million buyback early	AN

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	36,369	-	-
Change	-	-4.25%	-0.46%	11.11%	-6.6%	42.11%	-	-
Enterprise Value (EV) ¹	49,363	49,044	49,959	54,402	48,075	65,683	66,952	66,265
Change	-	-0.65%	1.87%	8.89%	-11.63%	36.63%	1.93%	-1.03%
P/E ratio	5.69x	-	12.7x	12.1x	11.7x	23.8x	11.5x	10.7x
PBR	0.75x	0.77x	0.78x	0.86x	0.81x	1.16x	1.1x	1.06x
PEG	-	-	-	0.7x	-3.32x	-0.8x	0x	1.47x
Capitalization / Revenue	0.61x	0.58x	0.57x	0.62x	0.64x	0.9x	0.89x	0.88x
EV / Revenue	1.17x	1.15x	1.15x	1.23x	1.19x	1.63x	1.64x	1.61x
EV / EBITDA	3.89x	3.9x	3.85x	4.17x	3.97x	5.22x	5.08x	4.9x
EV / EBIT	12x	6.15x	8.41x	9.7x	8.76x	13.2x	10.7x	9.97x
EV / FCF	8.87x	13.7x	12.9x	10.4x	12.8x	20.3x	18x	16.8x
FCF Yield	11.3%	7.29%	7.73%	9.63%	7.84%	4.93%	5.55%	5.96%
Dividend per Share ²	0.7	0.7	0.7	0.7	0.72	0.7673	0.7852	0.808
Rate of return	7.19%	7.44%	7.54%	6.79%	7.48%	5.61%	5.74%	5.91%
EPS ²	1.71	-	0.73	0.85	0.82	0.5756	1.192	1.278
Distribution rate	40.9%	-	95.9%	82.4%	87.8%	133%	65.9%	63.2%
Net sales ¹	42,270	42,522	43,471	44,122	40,260	40,358	40,717	41,183
EBITDA ¹	12,680	12,566	12,963	13,035	12,109	12,574	13,177	13,523
EBIT ¹	4,107	7,969	5,943	5,610	5,489	4,979	6,241	6,645
Net income ¹	4,822	233	2,146	2,440	2,350	1,522	3,141	3,423
Net Debt ¹	23,489	24,269	25,298	27,002	22,482	29,314	30,583	29,896
Reference price ²	9.73	9.41	9.28	10.30	9.63	13.68	13.68	13.68
Nbr of stocks (in thousands)	2,658,157	2,631,971	2,657,122	2,659,182	2,658,153	2,658,550	-	-
Announcement Date	18/02/21	17/02/22	16/02/23	15/02/24	13/02/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ORANGE	23.77x	1.63x	5.22x	5.61%	42.69B
CHINA MOBILE LIMITED	11.8x	1.4x	4.31x	6.27%	244B
VERIZON COMMUNICATIONS, INC.	8.96x	2.25x	6.2x	6.68%	172B
DEUTSCHE TELEKOM AG	14.42x	2.17x	5.73x	3.73%	150B
CHINA TELECOM CORPORATION LIMITED	13.46x	0.93x	3.38x	5.47%	83.8B
NTT, INC.	11.82x	1.71x	6.97x	3.42%	82.05B
AMÉRICA MÓVIL, S.A.B. DE C.V.	13.51x	1.93x	4.88x	2.69%	64.47B
SINGAPORE TELECOMMUNICATIONS LIMITED	27.63x	5.83x	21.08x	3.99%	59.48B
SAUDI TELECOM COMPANY	14.35x	2.67x	8.48x	5.1%	57.63B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	11.76x	2.68x	6.08x	4.68%	43.52B
Average	15.15x	2.32x	7.23x	4.76%	99.95B
Weighted average by Cap.	13.55x	2.08x	6.38x	5.13%