NOS SGPS (NOS.LS) Fundamental Analysis & Valuation
ELI:NOS • PTZON0AM0006
5.52 EUR
+0.05 (+0.91%)
Last: Mar 6, 2026, 07:00 PM
This NOS.LS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 6 out of 10 to NOS. NOS was compared to 30 industry peers in the Diversified Telecommunication Services industry. While NOS belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. NOS is not valued too expensively and it also shows a decent growth rate.
1. NOS.LS Profitability Analysis
1.1 Basic Checks
- NOS had positive earnings in the past year.
- NOS had a positive operating cash flow in the past year.
- Each year in the past 5 years NOS has been profitable.
- In the past 5 years NOS always reported a positive cash flow from operatings.
1.2 Ratios
- NOS has a better Return On Assets (7.14%) than 86.67% of its industry peers.
- With an excellent Return On Equity value of 24.06%, NOS belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
- The Return On Invested Capital of NOS (10.18%) is better than 90.00% of its industry peers.
- NOS had an Average Return On Invested Capital over the past 3 years of 7.84%. This is in line with the industry average of 8.35%.
- The last Return On Invested Capital (10.18%) for NOS is above the 3 year average (7.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.14% | ||
| ROE | 24.06% | ||
| ROIC | 10.18% |
ROA(3y)6.6%
ROA(5y)5.43%
ROE(3y)21.67%
ROE(5y)17.95%
ROIC(3y)7.84%
ROIC(5y)7.63%
1.3 Margins
- NOS has a better Profit Margin (14.18%) than 80.00% of its industry peers.
- NOS's Profit Margin has improved in the last couple of years.
- NOS has a Operating Margin of 16.79%. This is in the better half of the industry: NOS outperforms 66.67% of its industry peers.
- NOS's Operating Margin has been stable in the last couple of years.
- NOS has a better Gross Margin (71.16%) than 73.33% of its industry peers.
- In the last couple of years the Gross Margin of NOS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.79% | ||
| PM (TTM) | 14.18% | ||
| GM | 71.16% |
OM growth 3Y3.9%
OM growth 5Y1.36%
PM growth 3Y16.78%
PM growth 5Y10.28%
GM growth 3Y2.11%
GM growth 5Y0.6%
2. NOS.LS Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NOS is creating some value.
- The number of shares outstanding for NOS remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, NOS has less shares outstanding
- The debt/assets ratio for NOS has been reduced compared to a year ago.
2.2 Solvency
- NOS has an Altman-Z score of 1.65. This is a bad value and indicates that NOS is not financially healthy and even has some risk of bankruptcy.
- NOS has a better Altman-Z score (1.65) than 86.67% of its industry peers.
- NOS has a debt to FCF ratio of 4.88. This is a neutral value as NOS would need 4.88 years to pay back of all of its debts.
- NOS has a better Debt to FCF ratio (4.88) than 83.33% of its industry peers.
- NOS has a Debt/Equity ratio of 1.30. This is a high value indicating a heavy dependency on external financing.
- NOS has a Debt to Equity ratio of 1.30. This is in the lower half of the industry: NOS underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 4.88 | ||
| Altman-Z | 1.65 |
ROIC/WACC1.55
WACC6.55%
2.3 Liquidity
- A Current Ratio of 0.61 indicates that NOS may have some problems paying its short term obligations.
- With a Current ratio value of 0.61, NOS is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
- NOS has a Quick Ratio of 0.61. This is a bad value and indicates that NOS is not financially healthy enough and could expect problems in meeting its short term obligations.
- NOS has a worse Quick ratio (0.57) than 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
3. NOS.LS Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 51.43% over the past year.
- Measured over the past years, NOS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.44% on average per year.
- The Revenue has been growing slightly by 7.36% in the past year.
- NOS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.07% yearly.
EPS 1Y (TTM)51.43%
EPS 3Y23.41%
EPS 5Y14.44%
EPS Q2Q%30%
Revenue 1Y (TTM)7.36%
Revenue growth 3Y5.85%
Revenue growth 5Y3.07%
Sales Q2Q%5.69%
3.2 Future
- Based on estimates for the next years, NOS will show a decrease in Earnings Per Share. The EPS will decrease by -7.66% on average per year.
- NOS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.57% yearly.
EPS Next Y-25.2%
EPS Next 2Y-15.04%
EPS Next 3Y-9.99%
EPS Next 5Y-7.66%
Revenue Next Year8.45%
Revenue Next 2Y4.9%
Revenue Next 3Y3.57%
Revenue Next 5Y3.57%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. NOS.LS Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 10.42, the valuation of NOS can be described as very reasonable.
- Based on the Price/Earnings ratio, NOS is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 26.29. NOS is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 14.43, NOS is valued correctly.
- Based on the Price/Forward Earnings ratio, NOS is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of NOS to the average of the S&P500 Index (24.57), we can say NOS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.42 | ||
| Fwd PE | 14.43 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, NOS is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.01 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- NOS has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as NOS's earnings are expected to decrease with -9.99% in the coming years.
PEG (NY)N/A
PEG (5Y)0.72
EPS Next 2Y-15.04%
EPS Next 3Y-9.99%
5. NOS.LS Dividend Analysis
5.1 Amount
- NOS has a Yearly Dividend Yield of 6.40%, which is a nice return.
- NOS's Dividend Yield is rather good when compared to the industry average which is at 3.04. NOS pays more dividend than 93.33% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, NOS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.4% |
5.2 History
- The dividend of NOS decreases each year by -0.01%.
Dividend Growth(5Y)-0.01%
Div Incr Years1
Div Non Decr Years5
5.3 Sustainability
- 80.98% of the earnings are spent on dividend by NOS. This is not a sustainable payout ratio.
- NOS's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP80.98%
EPS Next 2Y-15.04%
EPS Next 3Y-9.99%
NOS.LS Fundamentals: All Metrics, Ratios and Statistics
ELI:NOS (3/6/2026, 7:00:00 PM)
5.52
+0.05 (+0.91%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-24 2026-02-24/amc
Earnings (Next)05-04 2026-05-04
Inst Owners13.29%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap2.84B
Revenue(TTM)1.78B
Net Income(TTM)253.04M
Analysts56.84
Price Target4.25 (-23.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.4% |
Yearly Dividend0.35
Dividend Growth(5Y)-0.01%
DP80.98%
Div Incr Years1
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.7%
Min EPS beat(2)7.26%
Max EPS beat(2)36.14%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)-0.24%
Revenue beat(4)2
Avg Revenue beat(4)0.05%
Min Revenue beat(4)-1.79%
Max Revenue beat(4)1.7%
Revenue beat(8)4
Avg Revenue beat(8)0.08%
Revenue beat(12)7
Avg Revenue beat(12)-0.01%
Revenue beat(16)10
Avg Revenue beat(16)0.46%
PT rev (1m)0%
PT rev (3m)0.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)2.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.42 | ||
| Fwd PE | 14.43 | ||
| P/S | 1.59 | ||
| P/FCF | 8.01 | ||
| P/OCF | 3.63 | ||
| P/B | 2.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.53
EY9.6%
EPS(NY)0.38
Fwd EY6.93%
FCF(TTM)0.69
FCFY12.49%
OCF(TTM)1.52
OCFY27.51%
SpS3.46
BVpS2.04
TBVpS-0.36
PEG (NY)N/A
PEG (5Y)0.72
Graham Number4.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.14% | ||
| ROE | 24.06% | ||
| ROCE | 11.51% | ||
| ROIC | 10.18% | ||
| ROICexc | 10.22% | ||
| ROICexgc | 19.49% | ||
| OM | 16.79% | ||
| PM (TTM) | 14.18% | ||
| GM | 71.16% | ||
| FCFM | 19.9% |
ROA(3y)6.6%
ROA(5y)5.43%
ROE(3y)21.67%
ROE(5y)17.95%
ROIC(3y)7.84%
ROIC(5y)7.63%
ROICexc(3y)7.88%
ROICexc(5y)7.76%
ROICexgc(3y)14.7%
ROICexgc(5y)14.69%
ROCE(3y)8.86%
ROCE(5y)8.63%
ROICexgc growth 3Y2.8%
ROICexgc growth 5Y3.18%
ROICexc growth 3Y7.04%
ROICexc growth 5Y2.64%
OM growth 3Y3.9%
OM growth 5Y1.36%
PM growth 3Y16.78%
PM growth 5Y10.28%
GM growth 3Y2.11%
GM growth 5Y0.6%
F-Score6
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 4.88 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 23.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 140.38% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 1.65 |
F-Score6
WACC6.55%
ROIC/WACC1.55
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)28.72%
Cap/Sales(5y)33.66%
Profit Quality(3y)131.24%
Profit Quality(5y)127.18%
High Growth Momentum
Growth
EPS 1Y (TTM)51.43%
EPS 3Y23.41%
EPS 5Y14.44%
EPS Q2Q%30%
EPS Next Y-25.2%
EPS Next 2Y-15.04%
EPS Next 3Y-9.99%
EPS Next 5Y-7.66%
Revenue 1Y (TTM)7.36%
Revenue growth 3Y5.85%
Revenue growth 5Y3.07%
Sales Q2Q%5.69%
Revenue Next Year8.45%
Revenue Next 2Y4.9%
Revenue Next 3Y3.57%
Revenue Next 5Y3.57%
EBIT growth 1Y18.08%
EBIT growth 3Y9.97%
EBIT growth 5Y4.47%
EBIT Next Year159.34%
EBIT Next 3Y37.67%
EBIT Next 5Y26.43%
FCF growth 1Y48.36%
FCF growth 3Y149.07%
FCF growth 5Y14.29%
OCF growth 1Y20.51%
OCF growth 3Y8.56%
OCF growth 5Y6.27%
NOS SGPS / NOS.LS FAQ
What is the ChartMill fundamental rating of NOS SGPS (NOS.LS) stock?
ChartMill assigns a fundamental rating of 6 / 10 to NOS.LS.
Can you provide the valuation status for NOS SGPS?
ChartMill assigns a valuation rating of 6 / 10 to NOS SGPS (NOS.LS). This can be considered as Fairly Valued.
Can you provide the profitability details for NOS SGPS?
NOS SGPS (NOS.LS) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for NOS stock?
The Earnings per Share (EPS) of NOS SGPS (NOS.LS) is expected to decline by -25.2% in the next year.
How sustainable is the dividend of NOS SGPS (NOS.LS) stock?
The dividend rating of NOS SGPS (NOS.LS) is 6 / 10 and the dividend payout ratio is 80.98%.