Orange Belgium（0FBS）株式概要Orange Belgium S.A.は、その子会社とともにベルギーとルクセンブルグで電気通信サービスを提供している。 詳細0FBS ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績2/6財務の健全性1/6配当金0/6リスク分析利払いは収益で十分にカバーされない 今後3年間の収益は年平均17.8%減少すると予測されている。 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る0FBS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€21.6024.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue €2.2bEarnings €47.2mAdvancedSet Fair ValueView all narrativesOrange Belgium S.A. 競合他社Airtel AfricaSymbol: LSE:AAFMarket cap: UK£12.5bGamma CommunicationsSymbol: LSE:GAMAMarket cap: UK£882.4mHelios TowersSymbol: LSE:HTWSMarket cap: UK£2.5bAirtel UgandaSymbol: UGSE:AIRTEL UGANDAMarket cap: USh6.0t価格と性能株価の高値、安値、推移の概要Orange Belgium過去の株価現在の株価€21.6052週高値€21.6052週安値€16.25ベータ0.181ヶ月の変化2.37%3ヶ月変化8.82%1年変化34.58%3年間の変化58.82%5年間の変化9.64%IPOからの変化-64.46%最新ニュースお知らせ • Apr 06Orange Belgium S.A., Annual General Meeting, May 06, 2026Orange Belgium S.A., Annual General Meeting, May 06, 2026, at 11:00 Romance Standard Time.Reported Earnings • Feb 08Full year 2025 earnings released: EPS: €0.61 (vs €0.34 in FY 2024)Full year 2025 results: EPS: €0.61 (up from €0.34 in FY 2024). Revenue: €1.96b (down 1.5% from FY 2024). Net income: €41.3m (up 87% from FY 2024). Profit margin: 2.1% (up from 1.1% in FY 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.お知らせ • Oct 21+ 1 more updateOrange Belgium S.A. to Report First Half, 2026 Results on Jul 23, 2026Orange Belgium S.A. announced that they will report first half, 2026 results on Jul 23, 2026Reported Earnings • Jul 28First half 2025 earnings released: EPS: €0.037 (vs €0.20 loss in 1H 2024)First half 2025 results: EPS: €0.037 (up from €0.20 loss in 1H 2024). Revenue: €962.7m (down 1.5% from 1H 2024). Net income: €2.50m (up €15.2m from 1H 2024). Profit margin: 0.3% (up from net loss in 1H 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.New Risk • Jun 15New major risk - Revenue and earnings growthEarnings have declined by 25% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Apr 07Full year 2024 earnings released: EPS: €0.34 (vs €0.001 in FY 2023)Full year 2024 results: EPS: €0.34 (up from €0.001 in FY 2023). Revenue: €1.99b (up 14% from FY 2023). Net income: €22.1m (up €22.1m from FY 2023). Profit margin: 1.1% (up from 0% in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.最新情報をもっと見るRecent updatesお知らせ • Apr 06Orange Belgium S.A., Annual General Meeting, May 06, 2026Orange Belgium S.A., Annual General Meeting, May 06, 2026, at 11:00 Romance Standard Time.Reported Earnings • Feb 08Full year 2025 earnings released: EPS: €0.61 (vs €0.34 in FY 2024)Full year 2025 results: EPS: €0.61 (up from €0.34 in FY 2024). Revenue: €1.96b (down 1.5% from FY 2024). Net income: €41.3m (up 87% from FY 2024). Profit margin: 2.1% (up from 1.1% in FY 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.お知らせ • Oct 21+ 1 more updateOrange Belgium S.A. to Report First Half, 2026 Results on Jul 23, 2026Orange Belgium S.A. announced that they will report first half, 2026 results on Jul 23, 2026Reported Earnings • Jul 28First half 2025 earnings released: EPS: €0.037 (vs €0.20 loss in 1H 2024)First half 2025 results: EPS: €0.037 (up from €0.20 loss in 1H 2024). Revenue: €962.7m (down 1.5% from 1H 2024). Net income: €2.50m (up €15.2m from 1H 2024). Profit margin: 0.3% (up from net loss in 1H 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.New Risk • Jun 15New major risk - Revenue and earnings growthEarnings have declined by 25% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Apr 07Full year 2024 earnings released: EPS: €0.34 (vs €0.001 in FY 2023)Full year 2024 results: EPS: €0.34 (up from €0.001 in FY 2023). Revenue: €1.99b (up 14% from FY 2023). Net income: €22.1m (up €22.1m from FY 2023). Profit margin: 1.1% (up from 0% in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 09Full year 2024 earnings released: EPS: €0.33 (vs €0.001 in FY 2023)Full year 2024 results: EPS: €0.33 (up from €0.001 in FY 2023). Revenue: €1.99b (up 14% from FY 2023). Net income: €22.2m (up €22.2m from FY 2023). Profit margin: 1.1% (up from 0% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.お知らせ • Feb 07Orange Belgium S.A. to Report First Half, 2025 Results on Jul 24, 2025Orange Belgium S.A. announced that they will report first half, 2025 results on Jul 24, 2025Board Change • Feb 03Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Bernard Ramanantsoa was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jan 02Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Bernard Ramanantsoa was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 16Orange Belgium S.A. to Report Second Half, 2024 Results on Feb 07, 2025Orange Belgium S.A. announced that they will report second half, 2024 results on Feb 07, 2025Reported Earnings • Jul 23First half 2024 earnings released: €0.19 loss per share (vs €0.26 loss in 1H 2023)First half 2024 results: €0.19 loss per share (improved from €0.26 loss in 1H 2023). Revenue: €977.5m (up 32% from 1H 2023). Net loss: €12.7m (loss narrowed 17% from 1H 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.New Risk • May 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.003% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).Reported Earnings • Feb 13Full year 2023 earnings releasedFull year 2023 results: Revenue: €1.75b (up 26% from FY 2022). Net income: €0 (down €58.2m from profit in FY 2022). Profit margin: 0% (down from 4.2% in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Nov 28+ 2 more updatesOrange Belgium S.A. to Report Fiscal Year 2023 Results on Mar 29, 2024Orange Belgium S.A. announced that they will report fiscal year 2023 results on Mar 29, 2024Reported Earnings • Jul 24First half 2023 earnings released: €0.26 loss per share (vs €0.45 profit in 1H 2022)First half 2023 results: €0.26 loss per share (down from €0.45 profit in 1H 2022). Revenue: €740.5m (up 9.3% from 1H 2022). Net loss: €15.3m (down 157% from profit in 1H 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Wireless Telecom industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year.New Risk • Jul 21New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). High level of non-cash earnings (24% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin).お知らせ • Jun 03Orange Belgium S.A. (ENXTBR:OBEL) acquired 75% minus one share in VOO SA from Nethys S.A.Orange Belgium S.A. (ENXTBR:OBEL) signed an agreement to acquire 75% minus one share in VOO SA from Nethys S.A. on December 24, 2021. The transaction is based on an enterprise value of €1.8 billion for 100% of the capital. Orange Belgium, which currently has a very low debt leverage, will finance this transaction through an intra-Group loan from Orange group. Until approvals and closing of the transaction are obtained, the two companies will continue to operate independently. The closing of the transaction is subject to customary conditions precedent, including the approval of the European Commission expected in 2022. Orange bid for a majority stake in cable operator VOO will be decided by EU antitrust regulators by July 28, 2022. As of August 1, 2022, the EU regulator is starting the in-depth investigation over concerns that the proposed transaction may reduce competition. The transaction has been approved by the board of directors of Enodia on November 22, 2021. As of October 13, 2022,tThe European Commission (EC) has again extended by two working days, its in-depth probe into French telecoms group Orange's agreement to buy a stake in VOO. As on February 8, 2022, the government of Wallonia has given its clearance for the transaction. As of February 1, 2023, European Commission has restarted its investigation into Orange Belgium's proposed takeover of Voo SA. As of March 20, 2023, the European Commission has given its approval. The transaction is expected to close in the first quarter of 2023. The transaction is expected to be completed by the end of Q2 2023.Eric Pottier of Linklaters LLP (Belgium) acted as legal advisor to Orange Belgium S.A. Jacques-Philippe Gunther and John Wileur of Latham & Watkins advised Orange on the acquisition of VOO. Orange Belgium S.A. (ENXTBR:OBEL) completed the acquisition of 75% minus one share in VOO SA from Nethys S.A. on June 2, 2023.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: €0.97 (vs €0.66 in FY 2021)Full year 2022 results: EPS: €0.97 (up from €0.66 in FY 2021). Revenue: €1.39b (up 2.0% from FY 2021). Net income: €58.2m (up 47% from FY 2021). Profit margin: 4.2% (up from 2.9% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.6% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Feb 11Orange Belgium S.A. Promotes Jacquet to Chief People Officer'Orange Belgium S.A. has appointed Jelle Jacquet its new chief people officer, with immediate effect. Jacquet started her career at Hudson as a recruitment consultant. She then worked at PWC and BNP Paribas Fortis, to join Orange Belgium in 2016 as director for learning development.お知らせ • Feb 10+ 1 more updateOrange Belgium S.A. to Report First Half, 2023 Results on Jul 20, 2023Orange Belgium S.A. announced that they will report first half, 2023 results on Jul 20, 2023Board Change • Dec 02Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Director Wilfried Verstraete was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Nov 08Orange Belgium S.A. to Report Fiscal Year 2022 Results on Feb 23, 2023Orange Belgium S.A. announced that they will report fiscal year 2022 results on Feb 23, 2023Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 35% share price gain to €21.88, the stock is trading at a trailing P/E ratio of 18.4x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 17x in the Wireless Telecom industry in Europe. Total returns to shareholders over the past three years are 29%.Is New 90 Day High Low • Nov 16New 90-day high: €15.79The company is up 13% from its price of €14.02 on 18 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.89 per share.Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of €52.9m, up 70% from the prior year. Total revenue was €1.34b over the last 12 months, up 2.1% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 25Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 1.1% at €335.3m. Revenue is forecast to grow 2.8% over the next year, compared to a 2.0% decline forecast for the Wireless Telecom industry in the United Kingdom.Is New 90 Day High Low • Sep 26New 90-day low: €13.66The company is down 6.0% from its price of €14.58 on 26 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Wireless Telecom industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.57 per share.株主還元0FBSGB Wireless TelecomGB 市場7D0%-1.6%0.9%1Y34.6%42.2%19.8%株主還元を見る業界別リターン: 0FBS過去 1 年間で42.2 % の収益を上げたUK Wireless Telecom業界を下回りました。リターン対市場: 0FBS過去 1 年間で19.8 % の収益を上げたUK市場を上回りました。価格変動Is 0FBS's price volatile compared to industry and market?0FBS volatility0FBS Average Weekly Movement1.4%Wireless Telecom Industry Average Movement3.3%Market Average Movement5.8%10% most volatile stocks in GB Market12.0%10% least volatile stocks in GB Market3.1%安定した株価: 0FBS 、 UK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 0FBSの 週次ボラティリティ ( 1% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19952,902Xavier Pichonwww.orange.beOrange Belgium S.A.は、その子会社とともにベルギーとルクセンブルグで電気通信サービスを提供している。一般家庭向けにモバイル通信、インターネット、テレビサービスを、企業や法人向けにモバイルおよび固定回線サービスを提供している。同社は1995年に設立され、ベルギーのブリュッセルに本社を置いている。Orange Belgium S.A.はAtlas Services Belgium S.A.の子会社として運営されている。もっと見るOrange Belgium S.A. 基礎のまとめOrange Belgium の収益と売上を時価総額と比較するとどうか。0FBS 基礎統計学時価総額€1.46b収益（TTM）€41.31m売上高(TTM)€1.96b35.2xPER（株価収益率0.7xP/Sレシオ0FBS は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0FBS 損益計算書（TTM）収益€1.96b売上原価€887.60m売上総利益€1.08bその他の費用€1.03b収益€41.31m直近の収益報告Dec 31, 2025次回決算日Jul 23, 2026一株当たり利益（EPS）0.61グロス・マージン54.79%純利益率2.10%有利子負債／自己資本比率188.0%0FBS の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/27 07:05終値2026/05/27 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Orange Belgium S.A. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Andrew Charles BealeArete Research Services LLPDavid BurnsBerenbergAntoine PradayrolBNP Paribas15 その他のアナリストを表示
お知らせ • Apr 06Orange Belgium S.A., Annual General Meeting, May 06, 2026Orange Belgium S.A., Annual General Meeting, May 06, 2026, at 11:00 Romance Standard Time.
Reported Earnings • Feb 08Full year 2025 earnings released: EPS: €0.61 (vs €0.34 in FY 2024)Full year 2025 results: EPS: €0.61 (up from €0.34 in FY 2024). Revenue: €1.96b (down 1.5% from FY 2024). Net income: €41.3m (up 87% from FY 2024). Profit margin: 2.1% (up from 1.1% in FY 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Oct 21+ 1 more updateOrange Belgium S.A. to Report First Half, 2026 Results on Jul 23, 2026Orange Belgium S.A. announced that they will report first half, 2026 results on Jul 23, 2026
Reported Earnings • Jul 28First half 2025 earnings released: EPS: €0.037 (vs €0.20 loss in 1H 2024)First half 2025 results: EPS: €0.037 (up from €0.20 loss in 1H 2024). Revenue: €962.7m (down 1.5% from 1H 2024). Net income: €2.50m (up €15.2m from 1H 2024). Profit margin: 0.3% (up from net loss in 1H 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Jun 15New major risk - Revenue and earnings growthEarnings have declined by 25% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Apr 07Full year 2024 earnings released: EPS: €0.34 (vs €0.001 in FY 2023)Full year 2024 results: EPS: €0.34 (up from €0.001 in FY 2023). Revenue: €1.99b (up 14% from FY 2023). Net income: €22.1m (up €22.1m from FY 2023). Profit margin: 1.1% (up from 0% in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 06Orange Belgium S.A., Annual General Meeting, May 06, 2026Orange Belgium S.A., Annual General Meeting, May 06, 2026, at 11:00 Romance Standard Time.
Reported Earnings • Feb 08Full year 2025 earnings released: EPS: €0.61 (vs €0.34 in FY 2024)Full year 2025 results: EPS: €0.61 (up from €0.34 in FY 2024). Revenue: €1.96b (down 1.5% from FY 2024). Net income: €41.3m (up 87% from FY 2024). Profit margin: 2.1% (up from 1.1% in FY 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Oct 21+ 1 more updateOrange Belgium S.A. to Report First Half, 2026 Results on Jul 23, 2026Orange Belgium S.A. announced that they will report first half, 2026 results on Jul 23, 2026
Reported Earnings • Jul 28First half 2025 earnings released: EPS: €0.037 (vs €0.20 loss in 1H 2024)First half 2025 results: EPS: €0.037 (up from €0.20 loss in 1H 2024). Revenue: €962.7m (down 1.5% from 1H 2024). Net income: €2.50m (up €15.2m from 1H 2024). Profit margin: 0.3% (up from net loss in 1H 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Jun 15New major risk - Revenue and earnings growthEarnings have declined by 25% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Apr 07Full year 2024 earnings released: EPS: €0.34 (vs €0.001 in FY 2023)Full year 2024 results: EPS: €0.34 (up from €0.001 in FY 2023). Revenue: €1.99b (up 14% from FY 2023). Net income: €22.1m (up €22.1m from FY 2023). Profit margin: 1.1% (up from 0% in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 09Full year 2024 earnings released: EPS: €0.33 (vs €0.001 in FY 2023)Full year 2024 results: EPS: €0.33 (up from €0.001 in FY 2023). Revenue: €1.99b (up 14% from FY 2023). Net income: €22.2m (up €22.2m from FY 2023). Profit margin: 1.1% (up from 0% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 07Orange Belgium S.A. to Report First Half, 2025 Results on Jul 24, 2025Orange Belgium S.A. announced that they will report first half, 2025 results on Jul 24, 2025
Board Change • Feb 03Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Bernard Ramanantsoa was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jan 02Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Bernard Ramanantsoa was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 16Orange Belgium S.A. to Report Second Half, 2024 Results on Feb 07, 2025Orange Belgium S.A. announced that they will report second half, 2024 results on Feb 07, 2025
Reported Earnings • Jul 23First half 2024 earnings released: €0.19 loss per share (vs €0.26 loss in 1H 2023)First half 2024 results: €0.19 loss per share (improved from €0.26 loss in 1H 2023). Revenue: €977.5m (up 32% from 1H 2023). Net loss: €12.7m (loss narrowed 17% from 1H 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
New Risk • May 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.003% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).
Reported Earnings • Feb 13Full year 2023 earnings releasedFull year 2023 results: Revenue: €1.75b (up 26% from FY 2022). Net income: €0 (down €58.2m from profit in FY 2022). Profit margin: 0% (down from 4.2% in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 28+ 2 more updatesOrange Belgium S.A. to Report Fiscal Year 2023 Results on Mar 29, 2024Orange Belgium S.A. announced that they will report fiscal year 2023 results on Mar 29, 2024
Reported Earnings • Jul 24First half 2023 earnings released: €0.26 loss per share (vs €0.45 profit in 1H 2022)First half 2023 results: €0.26 loss per share (down from €0.45 profit in 1H 2022). Revenue: €740.5m (up 9.3% from 1H 2022). Net loss: €15.3m (down 157% from profit in 1H 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Wireless Telecom industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year.
New Risk • Jul 21New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). High level of non-cash earnings (24% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin).
お知らせ • Jun 03Orange Belgium S.A. (ENXTBR:OBEL) acquired 75% minus one share in VOO SA from Nethys S.A.Orange Belgium S.A. (ENXTBR:OBEL) signed an agreement to acquire 75% minus one share in VOO SA from Nethys S.A. on December 24, 2021. The transaction is based on an enterprise value of €1.8 billion for 100% of the capital. Orange Belgium, which currently has a very low debt leverage, will finance this transaction through an intra-Group loan from Orange group. Until approvals and closing of the transaction are obtained, the two companies will continue to operate independently. The closing of the transaction is subject to customary conditions precedent, including the approval of the European Commission expected in 2022. Orange bid for a majority stake in cable operator VOO will be decided by EU antitrust regulators by July 28, 2022. As of August 1, 2022, the EU regulator is starting the in-depth investigation over concerns that the proposed transaction may reduce competition. The transaction has been approved by the board of directors of Enodia on November 22, 2021. As of October 13, 2022,tThe European Commission (EC) has again extended by two working days, its in-depth probe into French telecoms group Orange's agreement to buy a stake in VOO. As on February 8, 2022, the government of Wallonia has given its clearance for the transaction. As of February 1, 2023, European Commission has restarted its investigation into Orange Belgium's proposed takeover of Voo SA. As of March 20, 2023, the European Commission has given its approval. The transaction is expected to close in the first quarter of 2023. The transaction is expected to be completed by the end of Q2 2023.Eric Pottier of Linklaters LLP (Belgium) acted as legal advisor to Orange Belgium S.A. Jacques-Philippe Gunther and John Wileur of Latham & Watkins advised Orange on the acquisition of VOO. Orange Belgium S.A. (ENXTBR:OBEL) completed the acquisition of 75% minus one share in VOO SA from Nethys S.A. on June 2, 2023.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: €0.97 (vs €0.66 in FY 2021)Full year 2022 results: EPS: €0.97 (up from €0.66 in FY 2021). Revenue: €1.39b (up 2.0% from FY 2021). Net income: €58.2m (up 47% from FY 2021). Profit margin: 4.2% (up from 2.9% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.6% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Feb 11Orange Belgium S.A. Promotes Jacquet to Chief People Officer'Orange Belgium S.A. has appointed Jelle Jacquet its new chief people officer, with immediate effect. Jacquet started her career at Hudson as a recruitment consultant. She then worked at PWC and BNP Paribas Fortis, to join Orange Belgium in 2016 as director for learning development.
お知らせ • Feb 10+ 1 more updateOrange Belgium S.A. to Report First Half, 2023 Results on Jul 20, 2023Orange Belgium S.A. announced that they will report first half, 2023 results on Jul 20, 2023
Board Change • Dec 02Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Director Wilfried Verstraete was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Nov 08Orange Belgium S.A. to Report Fiscal Year 2022 Results on Feb 23, 2023Orange Belgium S.A. announced that they will report fiscal year 2022 results on Feb 23, 2023
Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 35% share price gain to €21.88, the stock is trading at a trailing P/E ratio of 18.4x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 17x in the Wireless Telecom industry in Europe. Total returns to shareholders over the past three years are 29%.
Is New 90 Day High Low • Nov 16New 90-day high: €15.79The company is up 13% from its price of €14.02 on 18 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.89 per share.
Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of €52.9m, up 70% from the prior year. Total revenue was €1.34b over the last 12 months, up 2.1% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 25Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 1.1% at €335.3m. Revenue is forecast to grow 2.8% over the next year, compared to a 2.0% decline forecast for the Wireless Telecom industry in the United Kingdom.
Is New 90 Day High Low • Sep 26New 90-day low: €13.66The company is down 6.0% from its price of €14.58 on 26 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Wireless Telecom industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.57 per share.
