View ValuationOrange Belgium 향후 성장Future 기준 점검 0/6Orange Belgium 의 수익은 연간 17.8% 감소할 것으로 예상되는 반면, 연간 수익은 2.7% 로 증가할 것으로 예상됩니다. EPS는 연간 15.9% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 2.6% 로 예상됩니다.핵심 정보-17.8%이익 성장률-15.87%EPS 성장률Wireless Telecom 이익 성장27.0%매출 성장률2.7%향후 자기자본이익률2.59%애널리스트 커버리지Low마지막 업데이트21 May 2026최근 향후 성장 업데이트Price Target Changed • Jun 15Price target increased by 7.6% to €17.70Up from €16.45, the current price target is an average from 4 analysts. New target price is 5.4% above last closing price of €16.80. Stock is up 14% over the past year. The company posted earnings per share of €0.34 last year.Major Estimate Revision • Apr 03Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €2.03b to €2.00b. EPS estimate rose from €0.739 to €0.859. Net income forecast to grow 244% next year vs 22% growth forecast for Wireless Telecom industry in Belgium. Consensus price target of €16.61 unchanged from last update. Share price was steady at €15.12 over the past week.Price Target Changed • Aug 13Price target decreased by 9.9% to €17.10Down from €18.98, the current price target is an average from 8 analysts. New target price is 15% above last closing price of €14.82. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.00073 last year.Major Estimate Revision • Aug 22Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.51b to €1.56b. EPS estimate fell from €1.01 to €0.845 per share. Net income forecast to grow 260% next year vs 40% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €19.87. Share price was steady at €13.56 over the past week.Major Estimate Revision • Aug 13Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.48b to €1.51b. EPS estimate fell from €1.22 to €1.01 per share. Net income forecast to grow 415% next year vs 40% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €20.17. Share price was steady at €13.50 over the past week.Major Estimate Revision • Jul 30Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.44b to €1.48b. EPS estimate fell from €1.43 to €1.22 per share. Net income forecast to grow 415% next year vs 4.4% decline forecast for Wireless Telecom industry in Belgium. Consensus price target down from €20.85 to €20.27. Share price rose 2.9% to €14.10 over the past week.모든 업데이트 보기Recent updates공시 • 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.분석 기사 • Feb 14We Like Orange Belgium's (EBR:OBEL) Earnings For More Than Just Statutory ProfitOrange Belgium S.A.'s ( EBR:OBEL ) solid earnings announcement recently didn't do much to the stock price. Our analysis...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.공시 • 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.Price Target Changed • Jun 15Price target increased by 7.6% to €17.70Up from €16.45, the current price target is an average from 4 analysts. New target price is 5.4% above last closing price of €16.80. Stock is up 14% over the past year. The company posted earnings per share of €0.34 last year.분석 기사 • May 15Here's Why Orange Belgium (EBR:OBEL) Is Weighed Down By Its Debt LoadDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Apr 07Full year 2024 earnings: EPS and revenues miss analyst expectationsFull 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 missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 52%. 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.Major Estimate Revision • Apr 03Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €2.03b to €2.00b. EPS estimate rose from €0.739 to €0.859. Net income forecast to grow 244% next year vs 22% growth forecast for Wireless Telecom industry in Belgium. Consensus price target of €16.61 unchanged from last update. Share price was steady at €15.12 over the past week.새로운 내러티브 • Mar 02Netflix Partnership And VOO Integration Will Strengthen Future Service Portfolio Successful VOO integration and cost optimization efforts are enhancing operational efficiency, potentially boosting net margins and future earnings. 분석 기사 • Feb 15Orange Belgium (EBR:OBEL) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfOrange Belgium S.A.'s ( EBR:OBEL ) robust earnings report didn't manage to move the market for its stock. We did some...Reported Earnings • Feb 09Full year 2024 earnings: EPS and revenues miss analyst expectationsFull 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 missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 52%. 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.공시 • 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, 2025공시 • 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, 2025Price Target Changed • Aug 13Price target decreased by 9.9% to €17.10Down from €18.98, the current price target is an average from 8 analysts. New target price is 15% above last closing price of €14.82. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.00073 last year.분석 기사 • Jul 27There May Be Some Bright Spots In Orange Belgium's (EBR:OBEL) EarningsSoft earnings didn't appear to concern Orange Belgium S.A.'s ( EBR:OBEL ) shareholders over the last week. Our analysis...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).분석 기사 • Mar 22Capital Allocation Trends At Orange Belgium (EBR:OBEL) Aren't IdealIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...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.공시 • 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, 2024Major Estimate Revision • Aug 22Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.51b to €1.56b. EPS estimate fell from €1.01 to €0.845 per share. Net income forecast to grow 260% next year vs 40% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €19.87. Share price was steady at €13.56 over the past week.Major Estimate Revision • Aug 13Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.48b to €1.51b. EPS estimate fell from €1.22 to €1.01 per share. Net income forecast to grow 415% next year vs 40% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €20.17. Share price was steady at €13.50 over the past week.Major Estimate Revision • Jul 30Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.44b to €1.48b. EPS estimate fell from €1.43 to €1.22 per share. Net income forecast to grow 415% next year vs 4.4% decline forecast for Wireless Telecom industry in Belgium. Consensus price target down from €20.85 to €20.27. Share price rose 2.9% to €14.10 over the past week.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).분석 기사 • Jun 13Orange Belgium (EBR:OBEL) Is Experiencing Growth In Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...공시 • 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.Major Estimate Revision • Feb 24Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €1.20 to €1.34. Revenue forecast steady at €1.43b. Net income forecast to grow 40% next year vs 11% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €20.63. Share price rose 2.7% to €16.24 over the past week.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.공시 • 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.공시 • 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, 2023분석 기사 • Jan 10Is There An Opportunity With Orange Belgium S.A.'s (EBR:OBEL) 44% Undervaluation?In this article we are going to estimate the intrinsic value of Orange Belgium S.A. ( EBR:OBEL ) by taking the forecast...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.공시 • 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, 2023공시 • Feb 13Orange Belgium Group Provides Revenue Guidance for the Year 2022Orange Belgium Group provided revenue guidance for the year 2022. For the year, the company expects low single-digit revenue growth.공시 • Nov 24Orange Belgium in Negotiation on the Acquisition of Control over VOOOrange Belgium S.A. (ENXTBR:OBEL) announced on November 23, 2021 that it has been chosen by industrial group Nethys S.A. for exclusive negotiations on the acquisition of control over Belgian telecoms operator VOO at an enterprise value for the target of €1.8 billion ($2bn). Orange Belgium will seek an agreement to buy 75% of Voo's equity minus one share. Voo owns the cable network in Belgium's French-speaking region of Wallonia and part of the Brussels region. Orange Belgium added that it would finance the potential transaction by increasing its debt, with the support of its French parent. An acquisition of control over VOO is seen as a means for Orange Belgium to control a very high-speed network in Wallonia and part of Brussels, thereby reinforcing the deployment of its convergent strategy at a national level.공시 • Sep 24Orange Belgium Launches Hey!Orange Belgium goes one step further in addressing all customer needs via the launch of a new and innovative b-brand to answer the needs of digital-savvy customers. hey! is a 100% digital brand which takes a participative approach specially designed to meet the needs of ultra-connected customers whose life is completely digitally oriented. This next generation value proposition is based on 4 pillars: 100% digital, Generous,Low impact, Evolutive. hey! will shake up the market by putting communities at the heart of its offers. The threehey! offers which boast attractiveonline pricing with extensive mobile data, will be launched on the 24 of September 2021. hey! meets the needs generated by new internet usages, which have become increasingly popular, particularly among digitally active customers. hey! is aimed at those who love efficiency and getting things done in a few clicks - the people who prefer the simplicity of a digital experience. Because online doesn’t mean compromising on quality and value. hey! addresses the needs of those who fully enjoy the benefits of digital and tend to favor such channels instead of more conventional ones, such as physical shops. Those people have a shared digital mind-set. As a fully digital brand, which empowers its customers, hey! offers can only be purchased via the website, and the My hey! ‘customer zone’ is tailored for self-service only. hey! offers very competitive prices and a brand new customer experience, but it also designed to have the lowest environmental impact possible: a recycled plastic sim cards, a fully digital customer journey, full carbon neutrality of its operations and certified 100% recycled packaging and paper use. hey! offers loads of data for a smart price, combined with a seamless digital experience.Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 35% share price gain to €21.95, the stock is trading at a trailing P/E ratio of 24.9x, up from the previous P/E ratio of 18.4x. 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 30%.공시 • Dec 01Orange Belgium Announces Executive AppointmentsOrange Belgium announced that its Board of Directors validated the nomination of Isabelle Vanden Eede as Chief Brand, Communication & CSR Officer and Bart Staelens as Chief Transformation & Customer Experience Officer, both starting December 1, 2020. Isabelle Vanden Eede has 23 years of branding and communication experience. She started her career at Ogilvy & Mather Advertising, managing the agencies’ telecom clients. She continued to refine her communication skills at VVL BBDO and Famous agencies, before joining Mobistar in 2010 to be responsible for the residential communication. For the past 10 years Isabelle evolved to Brand & Communication Director, responsible for the rebranding from Mobistar to Orange Belgium. Known for her strategic skills and broad expertise in multiple communication areas, she was instrumental in growing the Orange brand and in doing so helped to realize the corporate and commercial ambitions of Orange Belgium. Bart Staelens has over 25 years of experience in the telecom industry, both in Belgium and abroad. He joined Mobistar in 1999 and has held technical, marketing, strategic and transformation positions in Belgium, but also in Russia, France and Egypt for the Orange Group. He returned back to Orange Belgium in February 2020 after he spent 3 years in Cairo as Chief Transformation Officer for Orange Egypt where he was responsible for the company-wide transformation. As from March 2020 he was 5G Program Director for Orange Belgium and Luxembourg. Bart has a solid track record of putting into execution strategic and transformation programs.분석 기사 • Nov 30If You Had Bought Orange Belgium's (EBR:OBEL) Shares Five Years Ago You Would Be Down 25%While not a mind-blowing move, it is good to see that the Orange Belgium S.A. (EBR:OBEL) share price has gained 16% in...공시 • Nov 17+ 3 more updatesOrange Belgium S.A. to Report Q1, 2021 Results on Apr 21, 2021Orange Belgium S.A. announced that they will report Q1, 2021 results on Apr 21, 2021Is New 90 Day High Low • Nov 12New 90-day high: €15.52The company is up 8.0% from its price of €14.32 on 14 August 2020. The Belgian market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Wireless Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.04 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 and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 1.1% at €335.3m. Earnings per share (EPS) also surpassed analyst estimates by 26% at €0.36. Revenue is forecast to grow 2.8% over the next year, compared to a 2.0% decline forecast for the Wireless Telecom industry in Belgium.Is New 90 Day High Low • Oct 25New 90-day high: €15.48The company is up 1.0% from its price of €15.40 on 27 July 2020. The Belgian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.71 per share.분석 기사 • Oct 06What Is The Ownership Structure Like For Orange Belgium S.A. (EBR:OBEL)?If you want to know who really controls Orange Belgium S.A. (EBR:OBEL), then you'll have to look at the makeup of its...Is New 90 Day High Low • Sep 26New 90-day low: €13.72The company is down 6.0% from its price of €14.52 on 26 June 2020. The Belgian market is flat 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 €52.90 per share.분석 기사 • Sep 21We Think Orange Belgium's (EBR:OBEL) Statutory Profit Might Understate Its Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...분석 기사 • Sep 07Does Orange Belgium (EBR:OBEL) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Aug 25What Type Of Returns Would Orange Belgium's(EBR:OBEL) Shareholders Have Earned If They Purchased Their SharesYear Ago?The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make...분석 기사 • Aug 10Orange Belgium S.A.'s (EBR:OBEL) Dismal Stock Performance Reflects Weak FundamentalsOrange Belgium (EBR:OBEL) has had a rough three months with its share price down 7.9%. We decided to study the...분석 기사 • Jul 28Orange Belgium S.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextIt's been a good week for Orange Belgium S.A. (EBR:OBEL) shareholders, because the company has just released its...분석 기사 • Jul 16Has Orange Belgium (EBR:OBEL) Got What It Takes To Become A Multi-Bagger?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...공시 • Jul 07Orange Belgium Announces Executive ChangesThe Board of Directors of Orange Belgium has decided to appoint Xavier Pichon to the position of CEO of Orange Belgium as from September 1st, 2020. He will succeed Michaël Trabbia, who will join the Orange Executive Committee as Chief Technology and Innovation Officer for the Group, overseeing the Technology & Global Innovation division. Xavier Pichon re-joins Orange from the Boston Consulting Group; prior to this, he was Deputy CEO at Orange France, leading its Finance, Strategy, Transformation and Development. Xavier Pichon has 20 years’ experience as an ExCom member in large corporations. He started his career in 1990 as Head of Finance of Bouygues’ affiliates, followed by an Audit & Consulting position at Calan Ramolino/Salustro Reydel before joining Orange in 1998 where he took up various positions, such as Chief Financial Officer of Orange France and Group Head of Investor Relations. His last role was Deputy CEO at Orange France, leading Finance, Strategy, Transformation and Development. There, he co-led one of the most successful transformations of an incumbent telco to date. He was President and Board member of different Orange affiliates. He joined the Boston Consulting Group (BCG) in October 2018 in Paris, then Sydney in Australia and was a core member of the TMT Practice focusing globally on large scale transformations.분석 기사 • Jun 29How Many Orange Belgium S.A. (EBR:OBEL) Shares Do Institutions Own?A look at the shareholders of Orange Belgium S.A. (EBR:OBEL) can tell us which group is most powerful. Insiders often...이익 및 매출 성장 예측ENXTBR:OBEL - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20282,10829N/AN/A112/31/20271,836596275212/31/20261,782520260212/31/20251,96341149526N/A9/30/20251,97139125499N/A6/30/20251,97937100473N/A3/31/20251,98630117488N/A12/31/20241,99422134503N/A9/30/20241,99012130491N/A6/30/20241,9863126479N/A3/31/20241,868199428N/A12/31/20231,749073377N/A9/30/20231,6028-179379N/A6/30/20231,45416-430381N/A3/31/20231,42337-409385N/A12/31/20221,39158-387390N/A9/30/20221,39657-174345N/A6/30/20221,38559138369N/A3/31/20221,37257134361N/A12/31/20211,36340142368N/A9/30/20211,34537150364N/A6/30/20211,33441137342N/A3/31/20211,31149189379N/A12/31/20201,31554167344N/A9/30/20201,34152190358N/A6/30/20201,34045198363N/A3/31/20201,35743143321N/A12/31/20191,34133159340N/A9/30/20191,31431N/A308N/A6/30/20191,29737N/A297N/A3/31/20191,29125N/A273N/A12/31/20181,28032N/A261N/A9/30/20181,26824N/A265N/A6/30/20181,25923N/A252N/A3/31/20181,25433N/AN/AN/A12/31/20171,24639N/A267N/A9/30/20171,25679N/AN/AN/A6/30/20171,24072N/A309N/A3/31/20171,24085N/AN/AN/A12/31/20161,24277N/A299N/A9/30/20161,24277N/AN/AN/A6/30/20161,23777N/A354N/A3/31/20161,24166N/AN/AN/A12/31/20151,23577N/A342N/A9/30/20151,22357N/AN/AN/A6/30/20151,22744N/A256N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: OBEL 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -17.8%).수익 vs 시장: OBEL 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -17.8%).고성장 수익: OBEL 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: OBEL 의 수익(연간 2.7%)이 Belgian 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: OBEL 의 수익(연간 2.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: OBEL의 자본 수익률은 3년 후 2.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTelecom 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 22:44종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Orange Belgium S.A.는 18명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrew Charles BealeArete Research Services LLPDavid BurnsBerenbergAntoine PradayrolBNP Paribas15명의 분석가 더 보기
Price Target Changed • Jun 15Price target increased by 7.6% to €17.70Up from €16.45, the current price target is an average from 4 analysts. New target price is 5.4% above last closing price of €16.80. Stock is up 14% over the past year. The company posted earnings per share of €0.34 last year.
Major Estimate Revision • Apr 03Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €2.03b to €2.00b. EPS estimate rose from €0.739 to €0.859. Net income forecast to grow 244% next year vs 22% growth forecast for Wireless Telecom industry in Belgium. Consensus price target of €16.61 unchanged from last update. Share price was steady at €15.12 over the past week.
Price Target Changed • Aug 13Price target decreased by 9.9% to €17.10Down from €18.98, the current price target is an average from 8 analysts. New target price is 15% above last closing price of €14.82. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.00073 last year.
Major Estimate Revision • Aug 22Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.51b to €1.56b. EPS estimate fell from €1.01 to €0.845 per share. Net income forecast to grow 260% next year vs 40% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €19.87. Share price was steady at €13.56 over the past week.
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.48b to €1.51b. EPS estimate fell from €1.22 to €1.01 per share. Net income forecast to grow 415% next year vs 40% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €20.17. Share price was steady at €13.50 over the past week.
Major Estimate Revision • Jul 30Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.44b to €1.48b. EPS estimate fell from €1.43 to €1.22 per share. Net income forecast to grow 415% next year vs 4.4% decline forecast for Wireless Telecom industry in Belgium. Consensus price target down from €20.85 to €20.27. Share price rose 2.9% to €14.10 over the past week.
공시 • 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.
분석 기사 • Feb 14We Like Orange Belgium's (EBR:OBEL) Earnings For More Than Just Statutory ProfitOrange Belgium S.A.'s ( EBR:OBEL ) solid earnings announcement recently didn't do much to the stock price. Our analysis...
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.
공시 • 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.
Price Target Changed • Jun 15Price target increased by 7.6% to €17.70Up from €16.45, the current price target is an average from 4 analysts. New target price is 5.4% above last closing price of €16.80. Stock is up 14% over the past year. The company posted earnings per share of €0.34 last year.
분석 기사 • May 15Here's Why Orange Belgium (EBR:OBEL) Is Weighed Down By Its Debt LoadDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Apr 07Full year 2024 earnings: EPS and revenues miss analyst expectationsFull 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 missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 52%. 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.
Major Estimate Revision • Apr 03Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €2.03b to €2.00b. EPS estimate rose from €0.739 to €0.859. Net income forecast to grow 244% next year vs 22% growth forecast for Wireless Telecom industry in Belgium. Consensus price target of €16.61 unchanged from last update. Share price was steady at €15.12 over the past week.
새로운 내러티브 • Mar 02Netflix Partnership And VOO Integration Will Strengthen Future Service Portfolio Successful VOO integration and cost optimization efforts are enhancing operational efficiency, potentially boosting net margins and future earnings.
분석 기사 • Feb 15Orange Belgium (EBR:OBEL) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfOrange Belgium S.A.'s ( EBR:OBEL ) robust earnings report didn't manage to move the market for its stock. We did some...
Reported Earnings • Feb 09Full year 2024 earnings: EPS and revenues miss analyst expectationsFull 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 missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 52%. 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.
공시 • 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
공시 • 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
Price Target Changed • Aug 13Price target decreased by 9.9% to €17.10Down from €18.98, the current price target is an average from 8 analysts. New target price is 15% above last closing price of €14.82. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.00073 last year.
분석 기사 • Jul 27There May Be Some Bright Spots In Orange Belgium's (EBR:OBEL) EarningsSoft earnings didn't appear to concern Orange Belgium S.A.'s ( EBR:OBEL ) shareholders over the last week. Our analysis...
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).
분석 기사 • Mar 22Capital Allocation Trends At Orange Belgium (EBR:OBEL) Aren't IdealIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
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.
공시 • 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
Major Estimate Revision • Aug 22Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.51b to €1.56b. EPS estimate fell from €1.01 to €0.845 per share. Net income forecast to grow 260% next year vs 40% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €19.87. Share price was steady at €13.56 over the past week.
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.48b to €1.51b. EPS estimate fell from €1.22 to €1.01 per share. Net income forecast to grow 415% next year vs 40% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €20.17. Share price was steady at €13.50 over the past week.
Major Estimate Revision • Jul 30Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.44b to €1.48b. EPS estimate fell from €1.43 to €1.22 per share. Net income forecast to grow 415% next year vs 4.4% decline forecast for Wireless Telecom industry in Belgium. Consensus price target down from €20.85 to €20.27. Share price rose 2.9% to €14.10 over the past week.
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).
분석 기사 • Jun 13Orange Belgium (EBR:OBEL) Is Experiencing Growth In Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
공시 • 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.
Major Estimate Revision • Feb 24Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €1.20 to €1.34. Revenue forecast steady at €1.43b. Net income forecast to grow 40% next year vs 11% growth forecast for Wireless Telecom industry in Belgium. Consensus price target broadly unchanged at €20.63. Share price rose 2.7% to €16.24 over the past week.
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.
공시 • 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.
공시 • 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
분석 기사 • Jan 10Is There An Opportunity With Orange Belgium S.A.'s (EBR:OBEL) 44% Undervaluation?In this article we are going to estimate the intrinsic value of Orange Belgium S.A. ( EBR:OBEL ) by taking the forecast...
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.
공시 • 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
공시 • Feb 13Orange Belgium Group Provides Revenue Guidance for the Year 2022Orange Belgium Group provided revenue guidance for the year 2022. For the year, the company expects low single-digit revenue growth.
공시 • Nov 24Orange Belgium in Negotiation on the Acquisition of Control over VOOOrange Belgium S.A. (ENXTBR:OBEL) announced on November 23, 2021 that it has been chosen by industrial group Nethys S.A. for exclusive negotiations on the acquisition of control over Belgian telecoms operator VOO at an enterprise value for the target of €1.8 billion ($2bn). Orange Belgium will seek an agreement to buy 75% of Voo's equity minus one share. Voo owns the cable network in Belgium's French-speaking region of Wallonia and part of the Brussels region. Orange Belgium added that it would finance the potential transaction by increasing its debt, with the support of its French parent. An acquisition of control over VOO is seen as a means for Orange Belgium to control a very high-speed network in Wallonia and part of Brussels, thereby reinforcing the deployment of its convergent strategy at a national level.
공시 • Sep 24Orange Belgium Launches Hey!Orange Belgium goes one step further in addressing all customer needs via the launch of a new and innovative b-brand to answer the needs of digital-savvy customers. hey! is a 100% digital brand which takes a participative approach specially designed to meet the needs of ultra-connected customers whose life is completely digitally oriented. This next generation value proposition is based on 4 pillars: 100% digital, Generous,Low impact, Evolutive. hey! will shake up the market by putting communities at the heart of its offers. The threehey! offers which boast attractiveonline pricing with extensive mobile data, will be launched on the 24 of September 2021. hey! meets the needs generated by new internet usages, which have become increasingly popular, particularly among digitally active customers. hey! is aimed at those who love efficiency and getting things done in a few clicks - the people who prefer the simplicity of a digital experience. Because online doesn’t mean compromising on quality and value. hey! addresses the needs of those who fully enjoy the benefits of digital and tend to favor such channels instead of more conventional ones, such as physical shops. Those people have a shared digital mind-set. As a fully digital brand, which empowers its customers, hey! offers can only be purchased via the website, and the My hey! ‘customer zone’ is tailored for self-service only. hey! offers very competitive prices and a brand new customer experience, but it also designed to have the lowest environmental impact possible: a recycled plastic sim cards, a fully digital customer journey, full carbon neutrality of its operations and certified 100% recycled packaging and paper use. hey! offers loads of data for a smart price, combined with a seamless digital experience.
Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 35% share price gain to €21.95, the stock is trading at a trailing P/E ratio of 24.9x, up from the previous P/E ratio of 18.4x. 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 30%.
공시 • Dec 01Orange Belgium Announces Executive AppointmentsOrange Belgium announced that its Board of Directors validated the nomination of Isabelle Vanden Eede as Chief Brand, Communication & CSR Officer and Bart Staelens as Chief Transformation & Customer Experience Officer, both starting December 1, 2020. Isabelle Vanden Eede has 23 years of branding and communication experience. She started her career at Ogilvy & Mather Advertising, managing the agencies’ telecom clients. She continued to refine her communication skills at VVL BBDO and Famous agencies, before joining Mobistar in 2010 to be responsible for the residential communication. For the past 10 years Isabelle evolved to Brand & Communication Director, responsible for the rebranding from Mobistar to Orange Belgium. Known for her strategic skills and broad expertise in multiple communication areas, she was instrumental in growing the Orange brand and in doing so helped to realize the corporate and commercial ambitions of Orange Belgium. Bart Staelens has over 25 years of experience in the telecom industry, both in Belgium and abroad. He joined Mobistar in 1999 and has held technical, marketing, strategic and transformation positions in Belgium, but also in Russia, France and Egypt for the Orange Group. He returned back to Orange Belgium in February 2020 after he spent 3 years in Cairo as Chief Transformation Officer for Orange Egypt where he was responsible for the company-wide transformation. As from March 2020 he was 5G Program Director for Orange Belgium and Luxembourg. Bart has a solid track record of putting into execution strategic and transformation programs.
분석 기사 • Nov 30If You Had Bought Orange Belgium's (EBR:OBEL) Shares Five Years Ago You Would Be Down 25%While not a mind-blowing move, it is good to see that the Orange Belgium S.A. (EBR:OBEL) share price has gained 16% in...
공시 • Nov 17+ 3 more updatesOrange Belgium S.A. to Report Q1, 2021 Results on Apr 21, 2021Orange Belgium S.A. announced that they will report Q1, 2021 results on Apr 21, 2021
Is New 90 Day High Low • Nov 12New 90-day high: €15.52The company is up 8.0% from its price of €14.32 on 14 August 2020. The Belgian market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Wireless Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.04 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 and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 1.1% at €335.3m. Earnings per share (EPS) also surpassed analyst estimates by 26% at €0.36. Revenue is forecast to grow 2.8% over the next year, compared to a 2.0% decline forecast for the Wireless Telecom industry in Belgium.
Is New 90 Day High Low • Oct 25New 90-day high: €15.48The company is up 1.0% from its price of €15.40 on 27 July 2020. The Belgian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.71 per share.
분석 기사 • Oct 06What Is The Ownership Structure Like For Orange Belgium S.A. (EBR:OBEL)?If you want to know who really controls Orange Belgium S.A. (EBR:OBEL), then you'll have to look at the makeup of its...
Is New 90 Day High Low • Sep 26New 90-day low: €13.72The company is down 6.0% from its price of €14.52 on 26 June 2020. The Belgian market is flat 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 €52.90 per share.
분석 기사 • Sep 21We Think Orange Belgium's (EBR:OBEL) Statutory Profit Might Understate Its Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
분석 기사 • Sep 07Does Orange Belgium (EBR:OBEL) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Aug 25What Type Of Returns Would Orange Belgium's(EBR:OBEL) Shareholders Have Earned If They Purchased Their SharesYear Ago?The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make...
분석 기사 • Aug 10Orange Belgium S.A.'s (EBR:OBEL) Dismal Stock Performance Reflects Weak FundamentalsOrange Belgium (EBR:OBEL) has had a rough three months with its share price down 7.9%. We decided to study the...
분석 기사 • Jul 28Orange Belgium S.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextIt's been a good week for Orange Belgium S.A. (EBR:OBEL) shareholders, because the company has just released its...
분석 기사 • Jul 16Has Orange Belgium (EBR:OBEL) Got What It Takes To Become A Multi-Bagger?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
공시 • Jul 07Orange Belgium Announces Executive ChangesThe Board of Directors of Orange Belgium has decided to appoint Xavier Pichon to the position of CEO of Orange Belgium as from September 1st, 2020. He will succeed Michaël Trabbia, who will join the Orange Executive Committee as Chief Technology and Innovation Officer for the Group, overseeing the Technology & Global Innovation division. Xavier Pichon re-joins Orange from the Boston Consulting Group; prior to this, he was Deputy CEO at Orange France, leading its Finance, Strategy, Transformation and Development. Xavier Pichon has 20 years’ experience as an ExCom member in large corporations. He started his career in 1990 as Head of Finance of Bouygues’ affiliates, followed by an Audit & Consulting position at Calan Ramolino/Salustro Reydel before joining Orange in 1998 where he took up various positions, such as Chief Financial Officer of Orange France and Group Head of Investor Relations. His last role was Deputy CEO at Orange France, leading Finance, Strategy, Transformation and Development. There, he co-led one of the most successful transformations of an incumbent telco to date. He was President and Board member of different Orange affiliates. He joined the Boston Consulting Group (BCG) in October 2018 in Paris, then Sydney in Australia and was a core member of the TMT Practice focusing globally on large scale transformations.
분석 기사 • Jun 29How Many Orange Belgium S.A. (EBR:OBEL) Shares Do Institutions Own?A look at the shareholders of Orange Belgium S.A. (EBR:OBEL) can tell us which group is most powerful. Insiders often...
