ORANGE BELGIUM (OBEL.BR) Stock Fundamental Analysis
EBR:OBEL - Euronext Brussels - BE0003735496 - Common Stock - Currency: EUR
We assign a fundamental rating of 3 out of 10 to OBEL. OBEL was compared to 6 industry peers in the Wireless Telecommunication Services industry. There are concerns on the financial health of OBEL while its profitability can be described as average. OBEL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year OBEL was profitable.
In the past year OBEL had a positive cash flow from operations.
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
The Return On Assets of OBEL (0.54%) is worse than 66.67% of its industry peers.
With a Return On Equity value of 2.31%, OBEL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
With a Return On Invested Capital value of 3.15%, OBEL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
OBEL had an Average Return On Invested Capital over the past 3 years of 4.46%. This is in line with the industry average of 6.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 2.31% | ||
| ROIC | 3.15% |
ROA(3y)1.11%
ROA(5y)1.76%
ROE(3y)3.59%
ROE(5y)5.18%
ROIC(3y)4.46%
ROIC(5y)4.89%
1.3 Margins
Looking at the Profit Margin, with a value of 1.11%, OBEL is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of OBEL has declined.
Looking at the Operating Margin, with a value of 6.95%, OBEL is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of OBEL has grown nicely.
Looking at the Gross Margin, with a value of 67.46%, OBEL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
OBEL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.95% | ||
| PM (TTM) | 1.11% | ||
| GM | 67.46% |
OM growth 3Y7.61%
OM growth 5Y9.59%
PM growth 3Y-27.48%
PM growth 5Y-15.2%
GM growth 3Y4.71%
GM growth 5Y4.35%
2. Health
2.1 Basic Checks
OBEL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, OBEL has more shares outstanding
The number of shares outstanding for OBEL has been increased compared to 5 years ago.
OBEL has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.97, we must say that OBEL is in the distress zone and has some risk of bankruptcy.
OBEL has a Altman-Z score of 0.97. This is in the lower half of the industry: OBEL underperforms 66.67% of its industry peers.
The Debt to FCF ratio of OBEL is 20.08, which is on the high side as it means it would take OBEL, 20.08 years of fcf income to pay off all of its debts.
OBEL has a Debt to FCF ratio (20.08) which is comparable to the rest of the industry.
A Debt/Equity ratio of 2.12 is on the high side and indicates that OBEL has dependencies on debt financing.
OBEL has a Debt to Equity ratio of 2.12. This is amonst the worse of the industry: OBEL underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 20.08 | ||
| Altman-Z | 0.97 |
ROIC/WACC0.62
WACC5.1%
2.3 Liquidity
OBEL has a Current Ratio of 0.61. This is a bad value and indicates that OBEL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.61, OBEL is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
OBEL has a Quick Ratio of 0.61. This is a bad value and indicates that OBEL is not financially healthy enough and could expect problems in meeting its short term obligations.
OBEL has a worse Quick ratio (0.56) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48642.86% over the past year.
The Earnings Per Share has been decreasing by -9.64% on average over the past years.
Looking at the last year, OBEL shows a quite strong growth in Revenue. The Revenue has grown by 13.96% in the last year.
The Revenue has been growing by 8.26% on average over the past years. This is quite good.
EPS 1Y (TTM)48642.86%
EPS 3Y-19.85%
EPS 5Y-9.64%
EPS Q2Q%118.05%
Revenue 1Y (TTM)13.96%
Revenue growth 3Y13.5%
Revenue growth 5Y8.26%
Sales Q2Q%0.71%
3.2 Future
The Earnings Per Share is expected to grow by 33.42% on average over the next years. This is a very strong growth
OBEL is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.97% yearly.
EPS Next Y55.47%
EPS Next 2Y40.71%
EPS Next 3Y33.42%
EPS Next 5YN/A
Revenue Next Year1.17%
Revenue Next 2Y1.06%
Revenue Next 3Y0.55%
Revenue Next 5Y-10.97%
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
Based on the Price/Earnings ratio of 50.74, the valuation of OBEL can be described as expensive.
Based on the Price/Earnings ratio, OBEL is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
OBEL is valuated expensively when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 21.55 indicates a rather expensive valuation of OBEL.
Based on the Price/Forward Earnings ratio, OBEL is valued a bit more expensive than 66.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.19. OBEL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.74 | ||
| Fwd PE | 21.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OBEL is valued cheaper than 83.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, OBEL is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.89 | ||
| EV/EBITDA | 5.31 |
4.3 Compensation for Growth
OBEL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as OBEL's earnings are expected to grow with 33.42% in the coming years.
PEG (NY)0.91
PEG (5Y)N/A
EPS Next 2Y40.71%
EPS Next 3Y33.42%
5. Dividend
5.1 Amount
No dividends for OBEL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
EBR:OBEL (7/11/2025, 7:00:00 PM)
17.25
-0.05 (-0.29%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners5.2%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.16B
Analysts77.78
Price Target20.57 (19.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.01
Dividend Growth(5Y)-57.8%
DP0%
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)6.84%
PT rev (3m)17.84%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)17.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.74 | ||
| Fwd PE | 21.55 | ||
| P/S | 0.58 | ||
| P/FCF | 10.89 | ||
| P/OCF | 2.31 | ||
| P/B | 1.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.31 |
EPS(TTM)0.34
EY1.97%
EPS(NY)0.8
Fwd EY4.64%
FCF(TTM)1.58
FCFY9.18%
OCF(TTM)7.46
OCFY43.24%
SpS29.58
BVpS14.23
TBVpS-9.7
PEG (NY)0.91
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 2.31% | ||
| ROCE | 4.2% | ||
| ROIC | 3.15% | ||
| ROICexc | 3.21% | ||
| ROICexgc | 6.38% | ||
| OM | 6.95% | ||
| PM (TTM) | 1.11% | ||
| GM | 67.46% | ||
| FCFM | 5.35% |
ROA(3y)1.11%
ROA(5y)1.76%
ROE(3y)3.59%
ROE(5y)5.18%
ROIC(3y)4.46%
ROIC(5y)4.89%
ROICexc(3y)4.56%
ROICexc(5y)5.09%
ROICexgc(3y)11.41%
ROICexgc(5y)10.53%
ROCE(3y)6.22%
ROCE(5y)6.69%
ROICexcg growth 3Y-7.87%
ROICexcg growth 5Y2.19%
ROICexc growth 3Y-16.49%
ROICexc growth 5Y-3.51%
OM growth 3Y7.61%
OM growth 5Y9.59%
PM growth 3Y-27.48%
PM growth 5Y-15.2%
GM growth 3Y4.71%
GM growth 5Y4.35%
F-Score8
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 20.08 | ||
| Debt/EBITDA | 3.33 | ||
| Cap/Depr | 83.78% | ||
| Cap/Sales | 19.86% | ||
| Interest Coverage | 1.31 | ||
| Cash Conversion | 82.24% | ||
| Profit Quality | 481.9% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 0.97 |
F-Score8
WACC5.1%
ROIC/WACC0.62
Cap/Depr(3y)156.85%
Cap/Depr(5y)119.41%
Cap/Sales(3y)34.82%
Cap/Sales(5y)26.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)48642.86%
EPS 3Y-19.85%
EPS 5Y-9.64%
EPS Q2Q%118.05%
EPS Next Y55.47%
EPS Next 2Y40.71%
EPS Next 3Y33.42%
EPS Next 5YN/A
Revenue 1Y (TTM)13.96%
Revenue growth 3Y13.5%
Revenue growth 5Y8.26%
Sales Q2Q%0.71%
Revenue Next Year1.17%
Revenue Next 2Y1.06%
Revenue Next 3Y0.55%
Revenue Next 5Y-10.97%
EBIT growth 1Y12.13%
EBIT growth 3Y22.15%
EBIT growth 5Y18.64%
EBIT Next Year291.94%
EBIT Next 3Y57.64%
EBIT Next 5Y21.59%
FCF growth 1Y184.99%
FCF growth 3Y-9.07%
FCF growth 5Y-7.65%
OCF growth 1Y33.27%
OCF growth 3Y10.98%
OCF growth 5Y8.17%