View ValuationNOS S.G.P.S 향후 성장Future 기준 점검 1/6NOS S.G.P.S (는) 각각 연간 0.8% 및 1.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 4.9% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 22.7% 로 예상됩니다.핵심 정보0.8%이익 성장률-4.90%EPS 성장률Telecom 이익 성장21.1%매출 성장률1.9%향후 자기자본이익률22.70%애널리스트 커버리지Good마지막 업데이트16 Apr 2026최근 향후 성장 업데이트Major Estimate Revision • Apr 17Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.385 to €0.43. Revenue forecast steady at €1.85b. Net income forecast to shrink 9.8% next year vs 16% growth forecast for Telecom industry in Portugal . Consensus price target of €4.16 unchanged from last update. Share price was steady at €5.54 over the past week.Major Estimate Revision • Mar 10Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.386 to €0.455. Revenue forecast steady at €1.84b. Net income forecast to shrink 5.2% next year vs 23% growth forecast for Telecom industry in Portugal . Consensus price target up from €4.05 to €4.22. Share price rose 2.4% to €5.22 over the past week.분석 기사 • Oct 31NOS, S.G.P.S., S.A. (ELI:NOS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next YearLast week saw the newest third-quarter earnings release from NOS, S.G.P.S., S.A. ( ELI:NOS ), an important milestone in...Major Estimate Revision • May 13Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €1.74b to €1.83b. EPS estimate increased from €0.318 to €0.364 per share. Net income forecast to shrink 26% next year vs 12% growth forecast for Telecom industry in Portugal . Consensus price target of €3.98 unchanged from last update. Share price was steady at €3.71 over the past week.Major Estimate Revision • Apr 22Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.316 to €0.348. Revenue forecast unchanged at €1.74b. Net income forecast to shrink 32% next year vs 9.1% growth forecast for Telecom industry in Portugal . Consensus price target of €3.99 unchanged from last update. Share price fell 9.3% to €3.72 over the past week.분석 기사 • Mar 02Analyst Estimates: Here's What Brokers Think Of NOS, S.G.P.S., S.A. (ELI:NOS) After Its Annual ReportIt's been a pretty great week for NOS, S.G.P.S., S.A. ( ELI:NOS ) shareholders, with its shares surging 13% to €4.27 in...모든 업데이트 보기Recent updatesUpcoming Dividend • Apr 29Upcoming dividend of €0.45 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 08 May 2026. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of Portuguese dividend payers (4.6%). Higher than average of industry peers (4.4%).공지 • Apr 26NOS, S.G.P.S., S.A. announces Annual dividend, payable on May 08, 2026NOS, S.G.P.S., S.A. announced Annual dividend of EUR 0.3500 per share payable on May 08, 2026, ex-date on May 06, 2026 and record date on May 07, 2026.Major Estimate Revision • Apr 17Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.385 to €0.43. Revenue forecast steady at €1.85b. Net income forecast to shrink 9.8% next year vs 16% growth forecast for Telecom industry in Portugal . Consensus price target of €4.16 unchanged from last update. Share price was steady at €5.54 over the past week.공지 • Mar 27NOS, S.G.P.S., S.A., Annual General Meeting, Apr 22, 2026NOS, S.G.P.S., S.A., Annual General Meeting, Apr 22, 2026. Location: lisbon Portugal새 내러티브 • Mar 13Fiber Saturation And AI Cost Cuts Will Pressure Margins And Earnings Over TimeCatalysts About NOS S.G.P.S NOS S.G.P.S is a Portuguese telecom and media group with operations across fixed and mobile connectivity, IT services and cinema and audiovisual distribution. What are the underlying business or industry changes driving this perspective?Major Estimate Revision • Mar 10Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.386 to €0.455. Revenue forecast steady at €1.84b. Net income forecast to shrink 5.2% next year vs 23% growth forecast for Telecom industry in Portugal . Consensus price target up from €4.05 to €4.22. Share price rose 2.4% to €5.22 over the past week.New Risk • Mar 06New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 91% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Minor Risks High level of debt (91% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Mar 04Full year 2025 earnings released: EPS: €0.48 (vs €0.54 in FY 2024)Full year 2025 results: EPS: €0.48 (down from €0.54 in FY 2024). Revenue: €1.82b (up 7.5% from FY 2024). Net income: €245.9m (down 9.7% from FY 2024). Profit margin: 14% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year.새 내러티브 • Feb 27Gen AI Efficiencies And Fiber Expansion Will Support A Positive Long Term OutlookCatalysts About NOS S.G.P.S NOS S.G.P.S is a Portuguese telecom and media group focused on fixed and mobile connectivity, IT services, and audiovisual and cinema activities. What are the underlying business or industry changes driving this perspective?분석 기사 • Feb 16Estimating The Intrinsic Value Of NOS, S.G.P.S., S.A. (ELI:NOS)Key Insights NOS S.G.P.S' estimated fair value is €5.25 based on 2 Stage Free Cash Flow to Equity Current share price...공지 • Feb 05+ 3 more updatesNOS, S.G.P.S., S.A. to Report Q1, 2026 Results on May 11, 2026NOS, S.G.P.S., S.A. announced that they will report Q1, 2026 results on May 11, 2026분석 기사 • Jan 29Returns On Capital Are Showing Encouraging Signs At NOS S.G.P.S (ELI:NOS)What are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Jan 11Does NOS S.G.P.S (ELI:NOS) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Dec 24NOS, S.G.P.S., S.A.'s (ELI:NOS) Low P/E No Reason For ExcitementWhen close to half the companies in Portugal have price-to-earnings ratios (or "P/E's") above 14x, you may consider...분석 기사 • Oct 31NOS, S.G.P.S., S.A. (ELI:NOS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next YearLast week saw the newest third-quarter earnings release from NOS, S.G.P.S., S.A. ( ELI:NOS ), an important milestone in...Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: €0.13 (vs €0.10 in 3Q 2024)Third quarter 2025 results: EPS: €0.13 (up from €0.10 in 3Q 2024). Revenue: €457.3m (up 5.7% from 3Q 2024). Net income: €65.2m (up 24% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.분석 기사 • Sep 19Does NOS S.G.P.S (ELI:NOS) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Aug 24NOS, S.G.P.S., S.A.'s (ELI:NOS) Share Price Is Matching Sentiment Around Its EarningsWhen close to half the companies in Portugal have price-to-earnings ratios (or "P/E's") above 13x, you may consider...Reported Earnings • Aug 03Second quarter 2025 earnings released: EPS: €0.11 (vs €0.16 in 2Q 2024)Second quarter 2025 results: EPS: €0.11 (down from €0.16 in 2Q 2024). Revenue: €458.2m (up 11% from 2Q 2024). Net income: €57.8m (down 28% from 2Q 2024). Profit margin: 13% (down from 20% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.분석 기사 • May 25Impressive Earnings May Not Tell The Whole Story For NOS S.G.P.S (ELI:NOS)NOS, S.G.P.S., S.A. ( ELI:NOS ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...Major Estimate Revision • May 13Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €1.74b to €1.83b. EPS estimate increased from €0.318 to €0.364 per share. Net income forecast to shrink 26% next year vs 12% growth forecast for Telecom industry in Portugal . Consensus price target of €3.98 unchanged from last update. Share price was steady at €3.71 over the past week.New Risk • May 11New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 85% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • May 08First quarter 2025 earnings released: EPS: €0.12 (vs €0.13 in 1Q 2024)First quarter 2025 results: EPS: €0.12 (down from €0.13 in 1Q 2024). Revenue: €421.3m (up 4.5% from 1Q 2024). Net income: €59.0m (down 13% from 1Q 2024). Profit margin: 14% (down from 17% in 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.6% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Major Estimate Revision • Apr 22Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.316 to €0.348. Revenue forecast unchanged at €1.74b. Net income forecast to shrink 32% next year vs 9.1% growth forecast for Telecom industry in Portugal . Consensus price target of €3.99 unchanged from last update. Share price fell 9.3% to €3.72 over the past week.Declared Dividend • Apr 16Dividend of €0.40 announcedShareholders will receive a dividend of €0.40. Ex-date: 22nd April 2025 Payment date: 24th April 2025 Dividend yield will be 9.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 56% over the next 3 years. Since a fall of 27% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.공지 • Apr 15NOS, S.G.P.S., S.A. announces Annual dividend, payable on April 24, 2025NOS, S.G.P.S., S.A. announced Annual dividend of EUR 0.3500 per share payable on April 24, 2025, ex-date on April 22, 2025 and record date on April 23, 2025.분석 기사 • Apr 06NOS S.G.P.S (ELI:NOS) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공지 • Mar 19NOS, S.G.P.S., S.A. (ENXTLS:NOS) acquired CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited.NOS, S.G.P.S., S.A. (ENXTLS:NOS) reached an agreement to acquire CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited for approximately €150 million on January 27, 2025. A cash consideration of €152 million will be paid by NOS, S.G.P.S., S.A. As part of consideration, €152 million is paid towards common equity of CLARANET PORTUGAL - Telecomunicações, S.A. For the period ending December 31, 2024, CLARANET PORTUGAL - Telecomunicações, S.A. reported total revenue of €205 million and EBITDA of €15.4 million. The transaction is subject to clearance by the Portuguese Competition Authority. As on March 7, 2025, The transaction is approved by Competition Authority. Jorge Simões Cortez, Gonçalo Fleming, Catarina Brito Ferreira, Vasco Stilwell de Andrade and Joaquim Vieira Peres, Philipp Melcher of Morais Leitão, Galvão Teles, Soares da Silva & Associados acted as legal advisor to NOS, S.G.P.S., S.A. NOS, S.G.P.S., S.A. (ENXTLS:NOS) completed the acquisition of CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited on March 17, 2025.New Risk • Mar 03New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 84% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risks High level of debt (84% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.분석 기사 • Mar 02Analyst Estimates: Here's What Brokers Think Of NOS, S.G.P.S., S.A. (ELI:NOS) After Its Annual ReportIt's been a pretty great week for NOS, S.G.P.S., S.A. ( ELI:NOS ) shareholders, with its shares surging 13% to €4.27 in...Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.53 (vs €0.35 in FY 2023)Full year 2024 results: EPS: €0.53 (up from €0.35 in FY 2023). Revenue: €1.70b (up 6.2% from FY 2023). Net income: €272.3m (up 50% from FY 2023). Profit margin: 16% (up from 11% in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 28NOS, S.G.P.S., S.A. (ELI:NOS) Surges 27% Yet Its Low P/E Is No Reason For ExcitementThe NOS, S.G.P.S., S.A. ( ELI:NOS ) share price has done very well over the last month, posting an excellent gain of...공지 • Jan 28NOS, S.G.P.S., S.A. (ENXTLS:NOS) reached an agreement to acquire CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited for approximately €150 million.NOS, S.G.P.S., S.A. (ENXTLS:NOS) reached an agreement to acquire CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited for approximately €150 million on January 27, 2025. A cash consideration of €152 million will be paid by NOS, S.G.P.S., S.A. As part of consideration, €152 million is paid towards common equity of CLARANET PORTUGAL - Telecomunicações, S.A. For the period ending December 31, 2024, CLARANET PORTUGAL - Telecomunicações, S.A. reported total revenue of €205 million and EBITDA of €15.4 million. The transaction is subject to clearance by the Portuguese Competition Authority. Jorge Simões Cortez, Gonçalo Fleming, Catarina Brito Ferreira, Vasco Stilwell de Andrade and Joaquim Vieira Peres of Morais Leitão, Galvão Teles, Soares da Silva & Associados acted as legal advisor to NOS, S.G.P.S., S.A.공지 • Jan 15+ 3 more updatesNOS, S.G.P.S., S.A. to Report Q4, 2024 Results on Feb 26, 2025NOS, S.G.P.S., S.A. announced that they will report Q4, 2024 results on Feb 26, 2025분석 기사 • Dec 21NOS, S.G.P.S., S.A.'s (ELI:NOS) Earnings Are Not Doing Enough For Some InvestorsNOS, S.G.P.S., S.A.'s ( ELI:NOS ) price-to-earnings (or "P/E") ratio of 6.6x might make it look like a buy right now...분석 기사 • Nov 16NOS S.G.P.S' (ELI:NOS) Promising Earnings May Rest On Soft FoundationsNOS, S.G.P.S., S.A. ( ELI:NOS ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Major Estimate Revision • Nov 08Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.386 to €0.425. Revenue forecast steady at €1.66b. Net income forecast to shrink 34% next year vs 25% growth forecast for Telecom industry in Portugal . Consensus price target of €4.06 unchanged from last update. Share price fell 3.8% to €3.39 over the past week.New Risk • Nov 03New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 93% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks High level of debt (93% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: €0.10 (vs €0.09 in 3Q 2023)Third quarter 2024 results: EPS: €0.10 (up from €0.09 in 3Q 2023). Revenue: €432.7m (up 6.1% from 3Q 2023). Net income: €52.6m (up 15% from 3Q 2023). Profit margin: 12% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.분석 기사 • Sep 27NOS S.G.P.S (ELI:NOS) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공지 • Jul 23NOS, S.G.P.S., S.A. (ENXTLS:NOS) acquired 20% stake in DareData Engineering.NOS, S.G.P.S., S.A. (ENXTLS:NOS) acquired 20% stake in DareData Engineering on July 23, 2024. NOS, S.G.P.S., S.A. (ENXTLS:NOS) completed the acquisition of 20% stake in DareData Engineering on July 23, 2024.분석 기사 • Jul 23NOS, S.G.P.S., S.A. (ELI:NOS) Just Reported Interim Earnings: Have Analysts Changed Their Mind On The Stock?It's been a good week for NOS, S.G.P.S., S.A. ( ELI:NOS ) shareholders, because the company has just released its...Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: €0.16 (vs €0.088 in 2Q 2023)Second quarter 2024 results: EPS: €0.16 (up from €0.088 in 2Q 2023). Revenue: €412.2m (up 4.7% from 2Q 2023). Net income: €80.7m (up 77% from 2Q 2023). Profit margin: 20% (up from 12% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jul 21Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.324 to €0.36. Revenue forecast steady at €1.66b. Net income forecast to shrink 5.0% next year vs 21% growth forecast for Telecom industry in Portugal . Consensus price target broadly unchanged at €4.07. Share price was steady at €3.59 over the past week.분석 기사 • Jul 11Are Investors Undervaluing NOS, S.G.P.S., S.A. (ELI:NOS) By 50%?Key Insights Using the 2 Stage Free Cash Flow to Equity, NOS S.G.P.S fair value estimate is €7.00 NOS S.G.P.S' €3.50...Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.13 (vs €0.068 in 1Q 2023)First quarter 2024 results: EPS: €0.13 (up from €0.068 in 1Q 2023). Revenue: €403.3m (up 5.7% from 1Q 2023). Net income: €67.8m (up 94% from 1Q 2023). Profit margin: 17% (up from 9.2% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.분석 기사 • May 14NOS S.G.P.S (ELI:NOS) Seems To Use Debt Quite SensiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Declared Dividend • Apr 17Dividend of €0.35 announcedShareholders will receive a dividend of €0.35. Ex-date: 22nd April 2024 Payment date: 24th April 2024 Dividend yield will be 9.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.9% to bring the payout ratio under control. However, EPS is expected to decline by 15% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.분석 기사 • Mar 22NOS S.G.P.S' (ELI:NOS) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe market rallied behind NOS, S.G.P.S., S.A.'s ( ELI:NOS ) stock, leading do a rise in the share price after its...New Risk • Mar 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.5% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 7.5% per year for the foreseeable future. Minor Risks High level of debt (110% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공지 • Feb 20NOS, S.G.P.S., S.A., Annual General Meeting, Apr 12, 2024NOS, S.G.P.S., S.A., Annual General Meeting, Apr 12, 2024.New Risk • Jan 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks High level of debt (119% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공지 • Jan 11+ 3 more updatesNOS, S.G.P.S., S.A. to Report Q1, 2024 Results on Apr 24, 2024NOS, S.G.P.S., S.A. announced that they will report Q1, 2024 results on Apr 24, 2024분석 기사 • Jan 08Risks To Shareholder Returns Are Elevated At These Prices For NOS, S.G.P.S., S.A. (ELI:NOS)There wouldn't be many who think NOS, S.G.P.S., S.A.'s ( ELI:NOS ) price-to-earnings (or "P/E") ratio of 10.6x is worth...분석 기사 • Dec 13NOS, S.G.P.S., S.A.'s (ELI:NOS) Intrinsic Value Is Potentially 98% Above Its Share PriceKey Insights The projected fair value for NOS S.G.P.S is €6.39 based on 2 Stage Free Cash Flow to Equity NOS S.G.P.S is...공지 • Nov 15Nos Announces the Resignation of Jose Pedro Da Costa as Executive Member of Its Board of Directors, Effective31 December 2023Nos announced that Jose Pedro da Costa has resigned as an executive member of its board of directors, as well as from the other companies in the group where he performs functions. The resignation takes effect on 31 December 2023.Reported Earnings • Nov 06Third quarter 2023 earnings released: EPS: €0.09 (vs €0.20 in 3Q 2022)Third quarter 2023 results: EPS: €0.09 (down from €0.20 in 3Q 2022). Revenue: €408.0m (up 6.9% from 3Q 2022). Net income: €45.9m (down 57% from 3Q 2022). Profit margin: 11% (down from 28% in 3Q 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.New Risk • Sep 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks High level of debt (80% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.분석 기사 • Aug 07Here's Why NOS S.G.P.S (ELI:NOS) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Buying Opportunity • Aug 02Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €4.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is forecast to decline by 10% per annum over the same time period.New Risk • Jul 26New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 128% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risks High level of debt (128% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Jul 24Second quarter 2023 earnings released: EPS: €0.089 (vs €0.086 in 2Q 2022)Second quarter 2023 results: EPS: €0.089 (up from €0.086 in 2Q 2022). Revenue: €393.8m (up 6.8% from 2Q 2022). Net income: €45.5m (up 2.9% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.분석 기사 • Jul 14Estimating The Fair Value Of NOS, S.G.P.S., S.A. (ELI:NOS)Key Insights The projected fair value for NOS S.G.P.S is €3.82 based on 2 Stage Free Cash Flow to Equity NOS S.G.P.S...New Risk • Jul 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.7% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 9.7% per year for the foreseeable future. Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • May 16First quarter 2023 earnings released: EPS: €0.07 (vs €0.08 in 1Q 2022)First quarter 2023 results: EPS: €0.07 (down from €0.08 in 1Q 2022). Revenue: €381.4m (up 2.2% from 1Q 2022). Net income: €34.9m (down 15% from 1Q 2022). Profit margin: 9.2% (down from 11% in 1Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.분석 기사 • May 06We Think NOS S.G.P.S (ELI:NOS) Is Taking Some Risk With Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Upcoming Dividend • Apr 12Upcoming dividend of €0.43 per share at 6.3% yieldEligible shareholders must have bought the stock before 19 April 2023. Payment date: 21 April 2023. Payout ratio is a comfortable 63% and the cash payout ratio is 83%. Trailing yield: 6.3%. Lower than top quartile of Portuguese dividend payers (6.5%). Higher than average of industry peers (4.2%).Buying Opportunity • Apr 11Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be €5.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings is forecast to decline by 14% per annum over the same time period.분석 기사 • Apr 05Are Investors Undervaluing NOS, S.G.P.S., S.A. (ELI:NOS) By 23%?Key Insights The projected fair value for NOS S.G.P.S is €5.50 based on 2 Stage Free Cash Flow to Equity NOS S.G.P.S is...Reported Earnings • Mar 09Full year 2022 earnings released: EPS: €0.44 (vs €0.28 in FY 2021)Full year 2022 results: EPS: €0.44 (up from €0.28 in FY 2021). Revenue: €1.52b (up 6.3% from FY 2021). Net income: €224.6m (up 56% from FY 2021). Profit margin: 15% (up from 10% in FY 2021). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공지 • Jan 19+ 3 more updatesNOS, S.G.P.S., S.A. to Report Q3, 2023 Results on Nov 02, 2023NOS, S.G.P.S., S.A. announced that they will report Q3, 2023 results on Nov 02, 2023분석 기사 • Jan 05NOS S.G.P.S (ELI:NOS) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.20 (vs €0.09 in 3Q 2021)Third quarter 2022 results: EPS: €0.20 (up from €0.09 in 3Q 2021). Revenue: €381.5m (up 4.1% from 3Q 2021). Net income: €106.0m (up 130% from 3Q 2021). Profit margin: 28% (up from 13% in 3Q 2021). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: €0.21 (vs €0.09 in 3Q 2021)Third quarter 2022 results: EPS: €0.21 (up from €0.09 in 3Q 2021). Revenue: €381.5m (up 4.1% from 3Q 2021). Net income: €106.0m (up 130% from 3Q 2021). Profit margin: 28% (up from 13% in 3Q 2021). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Major Estimate Revision • Nov 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.27 to €0.30. Revenue forecast steady at €1.52b. Net income forecast to shrink 2.0% next year vs 6.6% growth forecast for Telecom industry in Portugal . Consensus price target broadly unchanged at €3.86. Share price rose 4.9% to €3.96 over the past week.분석 기사 • Sep 29An Intrinsic Calculation For NOS, S.G.P.S., S.A. (ELI:NOS) Suggests It's 45% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of NOS, S.G.P.S., S.A...Reported Earnings • Jul 22Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: €0.086 (up from €0.085 in 2Q 2021). Revenue: €368.5m (up 8.1% from 2Q 2021). Net income: €44.2m (up 2.0% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 2.1%, compared to a 4.0% growth forecast for the industry in Portugal. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.분석 기사 • Jul 05We Think NOS S.G.P.S (ELI:NOS) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Buying Opportunity • Jul 04Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €4.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.3% per annum. Earnings is also forecast to grow by 1.6% per annum over the same time period.Major Estimate Revision • Jun 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.25 to €0.29. Revenue forecast steady at €1.52b. Net income forecast to grow 2.1% next year vs 7.3% growth forecast for Telecom industry in Portugal. Consensus price target of €3.74 unchanged from last update. Share price fell 3.0% to €3.71 over the past week.분석 기사 • May 25NOS, S.G.P.S., S.A.'s (ELI:NOS) Intrinsic Value Is Potentially 32% Above Its Share PriceToday we'll do a simple run through of a valuation method used to estimate the attractiveness of NOS, S.G.P.S., S.A...Reported Earnings • May 06First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: €0.08 (up from €0.059 in 1Q 2021). Revenue: €373.2m (up 11% from 1Q 2021). Net income: €41.1m (up 35% from 1Q 2021). Profit margin: 11% (up from 9.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 3.9%, compared to a 3.9% growth forecast for the industry in Portugal. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Buying Opportunity • May 05Now 21% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be €4.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 5.5%. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings is also forecast to grow by 1.4% per annum over the same time period.Upcoming Dividend • Apr 28Upcoming dividend of €0.28 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 6.9%. Within top quartile of Portuguese dividend payers (5.5%). Higher than average of industry peers (4.0%).이익 및 매출 성장 예측ENXTLS:NOS - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,965259358817312/31/20271,869233297758912/31/20261,848222408760912/31/20251,823246401818N/A9/30/20251,785253357783N/A6/30/20251,760241420850N/A3/31/20251,714263448900N/A12/31/20241,696272446903N/A9/30/20241,663256459913N/A6/30/20241,638249371812N/A3/31/20241,619214331757N/A12/31/20231,597181278729N/A9/30/20231,581160239649N/A6/30/20231,554220217670N/A3/31/20231,529218205662N/A12/31/20221,521225171642N/A9/30/20221,50921518725N/A6/30/20221,49415611713N/A3/31/20221,46615513710N/A12/31/20211,43014429706N/A9/30/20211,399126143667N/A6/30/20211,380131179695N/A3/31/20211,360127198696N/A12/31/20201,36886204680N/A9/30/20201,38085227623N/A6/30/20201,40481218634N/A3/31/20201,44890221653N/A12/31/20191,458143229667N/A9/30/20191,501150N/A692N/A6/30/20191,525148N/A725N/A3/31/20191,549145N/A704N/A12/31/20181,576138N/A705N/A9/30/20181,566142N/A675N/A6/30/20181,563130N/A581N/A3/31/20181,561124N/A549N/A12/31/20171,559122N/A522N/A9/30/20171,551117N/A512N/A6/30/20171,539112N/A542N/A3/31/20171,52599N/A540N/A12/31/20161,51590N/A511N/A9/30/20161,50188N/A571N/A6/30/20161,48786N/A576N/A3/31/20161,47184N/A564N/A12/31/20151,44483N/A552N/A9/30/20151,42286N/A526N/A6/30/20151,40278N/A516N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: NOS 의 연간 예상 수익 증가율(0.8%)이 saving rate(2.6%) 미만입니다.수익 vs 시장: NOS 의 연간 수익(0.8%)이 Portuguese 시장(11.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: NOS 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: NOS 의 수익(연간 1.9%)이 Portuguese 시장(연간 4.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: NOS 의 수익(연간 1.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: NOS의 자본 수익률은 3년 후 22.7%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTelecom 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/11 20:34종가2026/05/11 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 소스NOS, S.G.P.S., S.A.는 20명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Fernando Cordero BarreiraBanco SantanderJonathan DannBarclaysMathieu RobilliardBarclays17명의 분석가 더 보기
Major Estimate Revision • Apr 17Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.385 to €0.43. Revenue forecast steady at €1.85b. Net income forecast to shrink 9.8% next year vs 16% growth forecast for Telecom industry in Portugal . Consensus price target of €4.16 unchanged from last update. Share price was steady at €5.54 over the past week.
Major Estimate Revision • Mar 10Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.386 to €0.455. Revenue forecast steady at €1.84b. Net income forecast to shrink 5.2% next year vs 23% growth forecast for Telecom industry in Portugal . Consensus price target up from €4.05 to €4.22. Share price rose 2.4% to €5.22 over the past week.
분석 기사 • Oct 31NOS, S.G.P.S., S.A. (ELI:NOS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next YearLast week saw the newest third-quarter earnings release from NOS, S.G.P.S., S.A. ( ELI:NOS ), an important milestone in...
Major Estimate Revision • May 13Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €1.74b to €1.83b. EPS estimate increased from €0.318 to €0.364 per share. Net income forecast to shrink 26% next year vs 12% growth forecast for Telecom industry in Portugal . Consensus price target of €3.98 unchanged from last update. Share price was steady at €3.71 over the past week.
Major Estimate Revision • Apr 22Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.316 to €0.348. Revenue forecast unchanged at €1.74b. Net income forecast to shrink 32% next year vs 9.1% growth forecast for Telecom industry in Portugal . Consensus price target of €3.99 unchanged from last update. Share price fell 9.3% to €3.72 over the past week.
분석 기사 • Mar 02Analyst Estimates: Here's What Brokers Think Of NOS, S.G.P.S., S.A. (ELI:NOS) After Its Annual ReportIt's been a pretty great week for NOS, S.G.P.S., S.A. ( ELI:NOS ) shareholders, with its shares surging 13% to €4.27 in...
Upcoming Dividend • Apr 29Upcoming dividend of €0.45 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 08 May 2026. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of Portuguese dividend payers (4.6%). Higher than average of industry peers (4.4%).
공지 • Apr 26NOS, S.G.P.S., S.A. announces Annual dividend, payable on May 08, 2026NOS, S.G.P.S., S.A. announced Annual dividend of EUR 0.3500 per share payable on May 08, 2026, ex-date on May 06, 2026 and record date on May 07, 2026.
Major Estimate Revision • Apr 17Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.385 to €0.43. Revenue forecast steady at €1.85b. Net income forecast to shrink 9.8% next year vs 16% growth forecast for Telecom industry in Portugal . Consensus price target of €4.16 unchanged from last update. Share price was steady at €5.54 over the past week.
공지 • Mar 27NOS, S.G.P.S., S.A., Annual General Meeting, Apr 22, 2026NOS, S.G.P.S., S.A., Annual General Meeting, Apr 22, 2026. Location: lisbon Portugal
새 내러티브 • Mar 13Fiber Saturation And AI Cost Cuts Will Pressure Margins And Earnings Over TimeCatalysts About NOS S.G.P.S NOS S.G.P.S is a Portuguese telecom and media group with operations across fixed and mobile connectivity, IT services and cinema and audiovisual distribution. What are the underlying business or industry changes driving this perspective?
Major Estimate Revision • Mar 10Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from €0.386 to €0.455. Revenue forecast steady at €1.84b. Net income forecast to shrink 5.2% next year vs 23% growth forecast for Telecom industry in Portugal . Consensus price target up from €4.05 to €4.22. Share price rose 2.4% to €5.22 over the past week.
New Risk • Mar 06New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 91% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Minor Risks High level of debt (91% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Mar 04Full year 2025 earnings released: EPS: €0.48 (vs €0.54 in FY 2024)Full year 2025 results: EPS: €0.48 (down from €0.54 in FY 2024). Revenue: €1.82b (up 7.5% from FY 2024). Net income: €245.9m (down 9.7% from FY 2024). Profit margin: 14% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year.
새 내러티브 • Feb 27Gen AI Efficiencies And Fiber Expansion Will Support A Positive Long Term OutlookCatalysts About NOS S.G.P.S NOS S.G.P.S is a Portuguese telecom and media group focused on fixed and mobile connectivity, IT services, and audiovisual and cinema activities. What are the underlying business or industry changes driving this perspective?
분석 기사 • Feb 16Estimating The Intrinsic Value Of NOS, S.G.P.S., S.A. (ELI:NOS)Key Insights NOS S.G.P.S' estimated fair value is €5.25 based on 2 Stage Free Cash Flow to Equity Current share price...
공지 • Feb 05+ 3 more updatesNOS, S.G.P.S., S.A. to Report Q1, 2026 Results on May 11, 2026NOS, S.G.P.S., S.A. announced that they will report Q1, 2026 results on May 11, 2026
분석 기사 • Jan 29Returns On Capital Are Showing Encouraging Signs At NOS S.G.P.S (ELI:NOS)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Jan 11Does NOS S.G.P.S (ELI:NOS) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Dec 24NOS, S.G.P.S., S.A.'s (ELI:NOS) Low P/E No Reason For ExcitementWhen close to half the companies in Portugal have price-to-earnings ratios (or "P/E's") above 14x, you may consider...
분석 기사 • Oct 31NOS, S.G.P.S., S.A. (ELI:NOS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next YearLast week saw the newest third-quarter earnings release from NOS, S.G.P.S., S.A. ( ELI:NOS ), an important milestone in...
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: €0.13 (vs €0.10 in 3Q 2024)Third quarter 2025 results: EPS: €0.13 (up from €0.10 in 3Q 2024). Revenue: €457.3m (up 5.7% from 3Q 2024). Net income: €65.2m (up 24% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
분석 기사 • Sep 19Does NOS S.G.P.S (ELI:NOS) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Aug 24NOS, S.G.P.S., S.A.'s (ELI:NOS) Share Price Is Matching Sentiment Around Its EarningsWhen close to half the companies in Portugal have price-to-earnings ratios (or "P/E's") above 13x, you may consider...
Reported Earnings • Aug 03Second quarter 2025 earnings released: EPS: €0.11 (vs €0.16 in 2Q 2024)Second quarter 2025 results: EPS: €0.11 (down from €0.16 in 2Q 2024). Revenue: €458.2m (up 11% from 2Q 2024). Net income: €57.8m (down 28% from 2Q 2024). Profit margin: 13% (down from 20% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
분석 기사 • May 25Impressive Earnings May Not Tell The Whole Story For NOS S.G.P.S (ELI:NOS)NOS, S.G.P.S., S.A. ( ELI:NOS ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...
Major Estimate Revision • May 13Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €1.74b to €1.83b. EPS estimate increased from €0.318 to €0.364 per share. Net income forecast to shrink 26% next year vs 12% growth forecast for Telecom industry in Portugal . Consensus price target of €3.98 unchanged from last update. Share price was steady at €3.71 over the past week.
New Risk • May 11New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 85% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: €0.12 (vs €0.13 in 1Q 2024)First quarter 2025 results: EPS: €0.12 (down from €0.13 in 1Q 2024). Revenue: €421.3m (up 4.5% from 1Q 2024). Net income: €59.0m (down 13% from 1Q 2024). Profit margin: 14% (down from 17% in 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.6% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Apr 22Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.316 to €0.348. Revenue forecast unchanged at €1.74b. Net income forecast to shrink 32% next year vs 9.1% growth forecast for Telecom industry in Portugal . Consensus price target of €3.99 unchanged from last update. Share price fell 9.3% to €3.72 over the past week.
Declared Dividend • Apr 16Dividend of €0.40 announcedShareholders will receive a dividend of €0.40. Ex-date: 22nd April 2025 Payment date: 24th April 2025 Dividend yield will be 9.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 56% over the next 3 years. Since a fall of 27% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
공지 • Apr 15NOS, S.G.P.S., S.A. announces Annual dividend, payable on April 24, 2025NOS, S.G.P.S., S.A. announced Annual dividend of EUR 0.3500 per share payable on April 24, 2025, ex-date on April 22, 2025 and record date on April 23, 2025.
분석 기사 • Apr 06NOS S.G.P.S (ELI:NOS) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공지 • Mar 19NOS, S.G.P.S., S.A. (ENXTLS:NOS) acquired CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited.NOS, S.G.P.S., S.A. (ENXTLS:NOS) reached an agreement to acquire CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited for approximately €150 million on January 27, 2025. A cash consideration of €152 million will be paid by NOS, S.G.P.S., S.A. As part of consideration, €152 million is paid towards common equity of CLARANET PORTUGAL - Telecomunicações, S.A. For the period ending December 31, 2024, CLARANET PORTUGAL - Telecomunicações, S.A. reported total revenue of €205 million and EBITDA of €15.4 million. The transaction is subject to clearance by the Portuguese Competition Authority. As on March 7, 2025, The transaction is approved by Competition Authority. Jorge Simões Cortez, Gonçalo Fleming, Catarina Brito Ferreira, Vasco Stilwell de Andrade and Joaquim Vieira Peres, Philipp Melcher of Morais Leitão, Galvão Teles, Soares da Silva & Associados acted as legal advisor to NOS, S.G.P.S., S.A. NOS, S.G.P.S., S.A. (ENXTLS:NOS) completed the acquisition of CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited on March 17, 2025.
New Risk • Mar 03New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 84% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risks High level of debt (84% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
분석 기사 • Mar 02Analyst Estimates: Here's What Brokers Think Of NOS, S.G.P.S., S.A. (ELI:NOS) After Its Annual ReportIt's been a pretty great week for NOS, S.G.P.S., S.A. ( ELI:NOS ) shareholders, with its shares surging 13% to €4.27 in...
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.53 (vs €0.35 in FY 2023)Full year 2024 results: EPS: €0.53 (up from €0.35 in FY 2023). Revenue: €1.70b (up 6.2% from FY 2023). Net income: €272.3m (up 50% from FY 2023). Profit margin: 16% (up from 11% in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 28NOS, S.G.P.S., S.A. (ELI:NOS) Surges 27% Yet Its Low P/E Is No Reason For ExcitementThe NOS, S.G.P.S., S.A. ( ELI:NOS ) share price has done very well over the last month, posting an excellent gain of...
공지 • Jan 28NOS, S.G.P.S., S.A. (ENXTLS:NOS) reached an agreement to acquire CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited for approximately €150 million.NOS, S.G.P.S., S.A. (ENXTLS:NOS) reached an agreement to acquire CLARANET PORTUGAL - Telecomunicações, S.A. from Claranet Group Limited for approximately €150 million on January 27, 2025. A cash consideration of €152 million will be paid by NOS, S.G.P.S., S.A. As part of consideration, €152 million is paid towards common equity of CLARANET PORTUGAL - Telecomunicações, S.A. For the period ending December 31, 2024, CLARANET PORTUGAL - Telecomunicações, S.A. reported total revenue of €205 million and EBITDA of €15.4 million. The transaction is subject to clearance by the Portuguese Competition Authority. Jorge Simões Cortez, Gonçalo Fleming, Catarina Brito Ferreira, Vasco Stilwell de Andrade and Joaquim Vieira Peres of Morais Leitão, Galvão Teles, Soares da Silva & Associados acted as legal advisor to NOS, S.G.P.S., S.A.
공지 • Jan 15+ 3 more updatesNOS, S.G.P.S., S.A. to Report Q4, 2024 Results on Feb 26, 2025NOS, S.G.P.S., S.A. announced that they will report Q4, 2024 results on Feb 26, 2025
분석 기사 • Dec 21NOS, S.G.P.S., S.A.'s (ELI:NOS) Earnings Are Not Doing Enough For Some InvestorsNOS, S.G.P.S., S.A.'s ( ELI:NOS ) price-to-earnings (or "P/E") ratio of 6.6x might make it look like a buy right now...
분석 기사 • Nov 16NOS S.G.P.S' (ELI:NOS) Promising Earnings May Rest On Soft FoundationsNOS, S.G.P.S., S.A. ( ELI:NOS ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Major Estimate Revision • Nov 08Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.386 to €0.425. Revenue forecast steady at €1.66b. Net income forecast to shrink 34% next year vs 25% growth forecast for Telecom industry in Portugal . Consensus price target of €4.06 unchanged from last update. Share price fell 3.8% to €3.39 over the past week.
New Risk • Nov 03New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 93% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks High level of debt (93% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: €0.10 (vs €0.09 in 3Q 2023)Third quarter 2024 results: EPS: €0.10 (up from €0.09 in 3Q 2023). Revenue: €432.7m (up 6.1% from 3Q 2023). Net income: €52.6m (up 15% from 3Q 2023). Profit margin: 12% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
분석 기사 • Sep 27NOS S.G.P.S (ELI:NOS) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공지 • Jul 23NOS, S.G.P.S., S.A. (ENXTLS:NOS) acquired 20% stake in DareData Engineering.NOS, S.G.P.S., S.A. (ENXTLS:NOS) acquired 20% stake in DareData Engineering on July 23, 2024. NOS, S.G.P.S., S.A. (ENXTLS:NOS) completed the acquisition of 20% stake in DareData Engineering on July 23, 2024.
분석 기사 • Jul 23NOS, S.G.P.S., S.A. (ELI:NOS) Just Reported Interim Earnings: Have Analysts Changed Their Mind On The Stock?It's been a good week for NOS, S.G.P.S., S.A. ( ELI:NOS ) shareholders, because the company has just released its...
Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: €0.16 (vs €0.088 in 2Q 2023)Second quarter 2024 results: EPS: €0.16 (up from €0.088 in 2Q 2023). Revenue: €412.2m (up 4.7% from 2Q 2023). Net income: €80.7m (up 77% from 2Q 2023). Profit margin: 20% (up from 12% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jul 21Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.324 to €0.36. Revenue forecast steady at €1.66b. Net income forecast to shrink 5.0% next year vs 21% growth forecast for Telecom industry in Portugal . Consensus price target broadly unchanged at €4.07. Share price was steady at €3.59 over the past week.
분석 기사 • Jul 11Are Investors Undervaluing NOS, S.G.P.S., S.A. (ELI:NOS) By 50%?Key Insights Using the 2 Stage Free Cash Flow to Equity, NOS S.G.P.S fair value estimate is €7.00 NOS S.G.P.S' €3.50...
Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.13 (vs €0.068 in 1Q 2023)First quarter 2024 results: EPS: €0.13 (up from €0.068 in 1Q 2023). Revenue: €403.3m (up 5.7% from 1Q 2023). Net income: €67.8m (up 94% from 1Q 2023). Profit margin: 17% (up from 9.2% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 14NOS S.G.P.S (ELI:NOS) Seems To Use Debt Quite SensiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Declared Dividend • Apr 17Dividend of €0.35 announcedShareholders will receive a dividend of €0.35. Ex-date: 22nd April 2024 Payment date: 24th April 2024 Dividend yield will be 9.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.9% to bring the payout ratio under control. However, EPS is expected to decline by 15% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
분석 기사 • Mar 22NOS S.G.P.S' (ELI:NOS) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe market rallied behind NOS, S.G.P.S., S.A.'s ( ELI:NOS ) stock, leading do a rise in the share price after its...
New Risk • Mar 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.5% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 7.5% per year for the foreseeable future. Minor Risks High level of debt (110% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공지 • Feb 20NOS, S.G.P.S., S.A., Annual General Meeting, Apr 12, 2024NOS, S.G.P.S., S.A., Annual General Meeting, Apr 12, 2024.
New Risk • Jan 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks High level of debt (119% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공지 • Jan 11+ 3 more updatesNOS, S.G.P.S., S.A. to Report Q1, 2024 Results on Apr 24, 2024NOS, S.G.P.S., S.A. announced that they will report Q1, 2024 results on Apr 24, 2024
분석 기사 • Jan 08Risks To Shareholder Returns Are Elevated At These Prices For NOS, S.G.P.S., S.A. (ELI:NOS)There wouldn't be many who think NOS, S.G.P.S., S.A.'s ( ELI:NOS ) price-to-earnings (or "P/E") ratio of 10.6x is worth...
분석 기사 • Dec 13NOS, S.G.P.S., S.A.'s (ELI:NOS) Intrinsic Value Is Potentially 98% Above Its Share PriceKey Insights The projected fair value for NOS S.G.P.S is €6.39 based on 2 Stage Free Cash Flow to Equity NOS S.G.P.S is...
공지 • Nov 15Nos Announces the Resignation of Jose Pedro Da Costa as Executive Member of Its Board of Directors, Effective31 December 2023Nos announced that Jose Pedro da Costa has resigned as an executive member of its board of directors, as well as from the other companies in the group where he performs functions. The resignation takes effect on 31 December 2023.
Reported Earnings • Nov 06Third quarter 2023 earnings released: EPS: €0.09 (vs €0.20 in 3Q 2022)Third quarter 2023 results: EPS: €0.09 (down from €0.20 in 3Q 2022). Revenue: €408.0m (up 6.9% from 3Q 2022). Net income: €45.9m (down 57% from 3Q 2022). Profit margin: 11% (down from 28% in 3Q 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
New Risk • Sep 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks High level of debt (80% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
분석 기사 • Aug 07Here's Why NOS S.G.P.S (ELI:NOS) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Buying Opportunity • Aug 02Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €4.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is forecast to decline by 10% per annum over the same time period.
New Risk • Jul 26New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 128% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risks High level of debt (128% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Jul 24Second quarter 2023 earnings released: EPS: €0.089 (vs €0.086 in 2Q 2022)Second quarter 2023 results: EPS: €0.089 (up from €0.086 in 2Q 2022). Revenue: €393.8m (up 6.8% from 2Q 2022). Net income: €45.5m (up 2.9% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 14Estimating The Fair Value Of NOS, S.G.P.S., S.A. (ELI:NOS)Key Insights The projected fair value for NOS S.G.P.S is €3.82 based on 2 Stage Free Cash Flow to Equity NOS S.G.P.S...
New Risk • Jul 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.7% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 9.7% per year for the foreseeable future. Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • May 16First quarter 2023 earnings released: EPS: €0.07 (vs €0.08 in 1Q 2022)First quarter 2023 results: EPS: €0.07 (down from €0.08 in 1Q 2022). Revenue: €381.4m (up 2.2% from 1Q 2022). Net income: €34.9m (down 15% from 1Q 2022). Profit margin: 9.2% (down from 11% in 1Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 06We Think NOS S.G.P.S (ELI:NOS) Is Taking Some Risk With Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Upcoming Dividend • Apr 12Upcoming dividend of €0.43 per share at 6.3% yieldEligible shareholders must have bought the stock before 19 April 2023. Payment date: 21 April 2023. Payout ratio is a comfortable 63% and the cash payout ratio is 83%. Trailing yield: 6.3%. Lower than top quartile of Portuguese dividend payers (6.5%). Higher than average of industry peers (4.2%).
Buying Opportunity • Apr 11Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be €5.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings is forecast to decline by 14% per annum over the same time period.
분석 기사 • Apr 05Are Investors Undervaluing NOS, S.G.P.S., S.A. (ELI:NOS) By 23%?Key Insights The projected fair value for NOS S.G.P.S is €5.50 based on 2 Stage Free Cash Flow to Equity NOS S.G.P.S is...
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: €0.44 (vs €0.28 in FY 2021)Full year 2022 results: EPS: €0.44 (up from €0.28 in FY 2021). Revenue: €1.52b (up 6.3% from FY 2021). Net income: €224.6m (up 56% from FY 2021). Profit margin: 15% (up from 10% in FY 2021). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공지 • Jan 19+ 3 more updatesNOS, S.G.P.S., S.A. to Report Q3, 2023 Results on Nov 02, 2023NOS, S.G.P.S., S.A. announced that they will report Q3, 2023 results on Nov 02, 2023
분석 기사 • Jan 05NOS S.G.P.S (ELI:NOS) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.20 (vs €0.09 in 3Q 2021)Third quarter 2022 results: EPS: €0.20 (up from €0.09 in 3Q 2021). Revenue: €381.5m (up 4.1% from 3Q 2021). Net income: €106.0m (up 130% from 3Q 2021). Profit margin: 28% (up from 13% in 3Q 2021). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: €0.21 (vs €0.09 in 3Q 2021)Third quarter 2022 results: EPS: €0.21 (up from €0.09 in 3Q 2021). Revenue: €381.5m (up 4.1% from 3Q 2021). Net income: €106.0m (up 130% from 3Q 2021). Profit margin: 28% (up from 13% in 3Q 2021). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Nov 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.27 to €0.30. Revenue forecast steady at €1.52b. Net income forecast to shrink 2.0% next year vs 6.6% growth forecast for Telecom industry in Portugal . Consensus price target broadly unchanged at €3.86. Share price rose 4.9% to €3.96 over the past week.
분석 기사 • Sep 29An Intrinsic Calculation For NOS, S.G.P.S., S.A. (ELI:NOS) Suggests It's 45% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of NOS, S.G.P.S., S.A...
Reported Earnings • Jul 22Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: €0.086 (up from €0.085 in 2Q 2021). Revenue: €368.5m (up 8.1% from 2Q 2021). Net income: €44.2m (up 2.0% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 2.1%, compared to a 4.0% growth forecast for the industry in Portugal. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 05We Think NOS S.G.P.S (ELI:NOS) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Buying Opportunity • Jul 04Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €4.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.3% per annum. Earnings is also forecast to grow by 1.6% per annum over the same time period.
Major Estimate Revision • Jun 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.25 to €0.29. Revenue forecast steady at €1.52b. Net income forecast to grow 2.1% next year vs 7.3% growth forecast for Telecom industry in Portugal. Consensus price target of €3.74 unchanged from last update. Share price fell 3.0% to €3.71 over the past week.
분석 기사 • May 25NOS, S.G.P.S., S.A.'s (ELI:NOS) Intrinsic Value Is Potentially 32% Above Its Share PriceToday we'll do a simple run through of a valuation method used to estimate the attractiveness of NOS, S.G.P.S., S.A...
Reported Earnings • May 06First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: €0.08 (up from €0.059 in 1Q 2021). Revenue: €373.2m (up 11% from 1Q 2021). Net income: €41.1m (up 35% from 1Q 2021). Profit margin: 11% (up from 9.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 3.9%, compared to a 3.9% growth forecast for the industry in Portugal. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Buying Opportunity • May 05Now 21% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be €4.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 5.5%. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings is also forecast to grow by 1.4% per annum over the same time period.
Upcoming Dividend • Apr 28Upcoming dividend of €0.28 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 6.9%. Within top quartile of Portuguese dividend payers (5.5%). Higher than average of industry peers (4.0%).
