ORANGE BELGIUM (OBEL.BR) Stock Fundamental Analysis
EBR:OBEL - Euronext Brussels - BE0003735496 - Common Stock - Currency: EUR
OBEL gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 6 industry peers in the Wireless Telecommunication Services industry. While OBEL is still in line with the averages on profitability rating, there are concerns on its financial health. OBEL has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
OBEL had negative earnings in the past year.
OBEL had a positive operating cash flow in the past year.
In the past 5 years OBEL has always been profitable.
Each year in the past 5 years OBEL had a positive operating cash flow.
1.2 Ratios
OBEL's Return On Assets of 0.00% is on the low side compared to the rest of the industry. OBEL is outperformed by 83.33% of its industry peers.
With a Return On Equity value of 0.00%, OBEL is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
OBEL has a Return On Invested Capital of 2.67%. This is comparable to the rest of the industry: OBEL outperforms 50.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OBEL is in line with the industry average of 5.50%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0% | ||
| ROE | 0% | ||
| ROIC | 2.67% |
ROA(3y)1.73%
ROA(5y)2.03%
ROE(3y)4.94%
ROE(5y)5.87%
ROIC(3y)4.9%
ROIC(5y)4.77%
1.3 Margins
Looking at the Profit Margin, with a value of 0.00%, OBEL is doing worse than 83.33% of the companies in the same industry.
In the last couple of years the Profit Margin of OBEL has declined.
With a Operating Margin value of 7.07%, OBEL is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
OBEL's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 63.32%, OBEL belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Gross Margin of OBEL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.07% | ||
| PM (TTM) | 0% | ||
| GM | 63.32% |
OM growth 3Y7.16%
OM growth 5Y12.4%
PM growth 3Y-91.51%
PM growth 5Y-74.92%
GM growth 3Y2.53%
GM growth 5Y3.18%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), OBEL is destroying value.
Compared to 1 year ago, OBEL has about the same amount of shares outstanding.
OBEL has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, OBEL has a worse debt to assets ratio.
2.2 Solvency
OBEL has an Altman-Z score of 0.83. This is a bad value and indicates that OBEL is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of OBEL (0.83) is worse than 66.67% of its industry peers.
OBEL has a debt to FCF ratio of 55.15. This is a negative value and a sign of low solvency as OBEL would need 55.15 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 55.15, OBEL is in line with its industry, outperforming 50.00% of the companies in the same industry.
OBEL has a Debt/Equity ratio of 2.19. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.19, OBEL is doing worse than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.19 | ||
| Debt/FCF | 55.15 | ||
| Altman-Z | 0.83 |
ROIC/WACC0.48
WACC5.59%
2.3 Liquidity
A Current Ratio of 0.53 indicates that OBEL may have some problems paying its short term obligations.
The Current ratio of OBEL (0.53) is worse than 83.33% of its industry peers.
A Quick Ratio of 0.50 indicates that OBEL may have some problems paying its short term obligations.
OBEL has a worse Quick ratio (0.50) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
The earnings per share for OBEL have decreased strongly by -99.93% in the last year.
The earnings per share for OBEL have been decreasing by -73.56% on average. This is quite bad
OBEL shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.75%.
The Revenue has been growing slightly by 6.45% on average over the past years.
EPS 1Y (TTM)-99.93%
EPS 3Y-90.81%
EPS 5Y-73.56%
EPS Q2Q%26.18%
Revenue 1Y (TTM)25.75%
Revenue growth 3Y9.99%
Revenue growth 5Y6.45%
Sales Q2Q%32.02%
3.2 Future
Based on estimates for the next years, OBEL will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.78% on average per year.
The Revenue is expected to decrease by -5.43% on average over the next years.
EPS Next Y-32.23%
EPS Next 2Y-5.18%
EPS Next 3Y3.02%
EPS Next 5Y8.78%
Revenue Next Year20.42%
Revenue Next 2Y10.51%
Revenue Next 3Y7.24%
Revenue Next 5Y-5.43%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Forward Earnings ratio of 21.96, OBEL is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OBEL is on the same level as its industry peers.
OBEL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OBEL is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OBEL indicates a somewhat cheap valuation: OBEL is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.11 | ||
| EV/EBITDA | 5.14 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.18%
EPS Next 3Y3.02%
5. Dividend
5.1 Amount
OBEL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
EBR:OBEL (3/7/2025, 7:00:00 PM)
15
-0.08 (-0.53%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners5.9%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap899.10M
Analysts73.33
Price Target17.46 (16.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.01
Dividend Growth(5Y)-57.8%
DP915.91%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)3.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-29.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.93%
Revenue NY rev (3m)4.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.96 | ||
| P/S | 0.51 | ||
| P/FCF | 23.11 | ||
| P/OCF | 1.88 | ||
| P/B | 0.96 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.14 |
EPS(TTM)0
EYN/A
EPS(NY)0.68
Fwd EY4.55%
FCF(TTM)0.65
FCFY4.33%
OCF(TTM)7.99
OCFY53.27%
SpS29.19
BVpS15.68
TBVpS-11.59
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0% | ||
| ROE | 0% | ||
| ROCE | 3.75% | ||
| ROIC | 2.67% | ||
| ROICexc | 2.71% | ||
| ROICexgc | 5.46% | ||
| OM | 7.07% | ||
| PM (TTM) | 0% | ||
| GM | 63.32% | ||
| FCFM | 2.22% |
ROA(3y)1.73%
ROA(5y)2.03%
ROE(3y)4.94%
ROE(5y)5.87%
ROIC(3y)4.9%
ROIC(5y)4.77%
ROICexc(3y)5.06%
ROICexc(5y)4.96%
ROICexgc(3y)11.4%
ROICexgc(5y)9.88%
ROCE(3y)7.15%
ROCE(5y)6.86%
ROICexcg growth 3Y-12.61%
ROICexcg growth 5Y0.1%
ROICexc growth 3Y-21.03%
ROICexc growth 5Y-5.88%
OM growth 3Y7.16%
OM growth 5Y12.4%
PM growth 3Y-91.51%
PM growth 5Y-74.92%
GM growth 3Y2.53%
GM growth 5Y3.18%
F-Score6
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.19 | ||
| Debt/FCF | 55.15 | ||
| Debt/EBITDA | 3.52 | ||
| Cap/Depr | 95.65% | ||
| Cap/Sales | 25.15% | ||
| Interest Coverage | 1.18 | ||
| Cash Conversion | 82.06% | ||
| Profit Quality | 88436.4% | ||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z | 0.83 |
F-Score6
WACC5.59%
ROIC/WACC0.48
Cap/Depr(3y)151.52%
Cap/Depr(5y)114.99%
Cap/Sales(3y)33.72%
Cap/Sales(5y)25.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-99.93%
EPS 3Y-90.81%
EPS 5Y-73.56%
EPS Q2Q%26.18%
EPS Next Y-32.23%
EPS Next 2Y-5.18%
EPS Next 3Y3.02%
EPS Next 5Y8.78%
Revenue 1Y (TTM)25.75%
Revenue growth 3Y9.99%
Revenue growth 5Y6.45%
Sales Q2Q%32.02%
Revenue Next Year20.42%
Revenue Next 2Y10.51%
Revenue Next 3Y7.24%
Revenue Next 5Y-5.43%
EBIT growth 1Y-4.82%
EBIT growth 3Y17.86%
EBIT growth 5Y19.66%
EBIT Next Year376.75%
EBIT Next 3Y73.57%
EBIT Next 5Y23.2%
FCF growth 1Y-60.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y29.86%
OCF growth 3Y3.08%
OCF growth 5Y7.62%