Orange S.A.

WBAG:ORA Stock Report

Market Cap: €26.2b

Orange Valuation

Is ORA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ORA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ORA (€9.82) is trading below our estimate of fair value (€28.92)

Significantly Below Fair Value: ORA is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ORA?

Key metric: As ORA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ORA. This is calculated by dividing ORA's market cap by their current earnings.
What is ORA's PE Ratio?
PE Ratio12.9x
Earnings€2.04b
Market Cap€26.19b

Price to Earnings Ratio vs Peers

How does ORA's PE Ratio compare to its peers?

The above table shows the PE ratio for ORA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.1x
TKA Telekom Austria
8.8x8.3%€5.1b
ETS EuroTeleSites
13.8xn/a€847.2m
2412 Chunghwa Telecom
26x3.1%NT$950.3b
TLS Telstra Group
27.8x10.4%AU$45.1b
ORA Orange
12.9x13.6%€26.2b

Price-To-Earnings vs Peers: ORA is good value based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (19.1x).

Price to Earnings Ratio vs Industry

How does ORA's PE Ratio compare vs other companies in the European Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ORA 12.9xIndustry Avg. 18.6xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ORA is good value based on its Price-To-Earnings Ratio (12.9x) compared to the European Telecom industry average (18.6x).

Price to Earnings Ratio vs Fair Ratio

What is ORA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ORA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ORA's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ORA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.82
€13.07
+33.1%
13.5%€15.50€8.00n/a20
Nov ’25€10.10
€13.07
+29.5%
13.5%€15.50€8.00n/a20
Oct ’25€10.35
€12.91
+24.8%
12.7%€15.50€8.00n/a21
Sep ’25€10.30
€12.96
+25.8%
13.2%€16.00€8.00n/a21
Aug ’25€10.26
€12.96
+26.4%
13.2%€16.00€8.00n/a21
Jul ’25€9.62
€13.05
+35.6%
12.9%€16.00€8.00n/a20
Jun ’25€10.70
€13.13
+22.7%
12.3%€15.50€8.00n/a20
May ’25€10.45
€13.18
+26.2%
12.7%€15.50€8.00n/a19
Apr ’25€10.87
€13.09
+20.3%
12.6%€15.50€8.00n/a18
Mar ’25€10.59
€13.06
+23.3%
12.6%€15.50€8.00n/a18
Feb ’25€11.08
€12.96
+17.0%
12.7%€15.50€8.00n/a18
Jan ’25€10.34
€12.80
+23.8%
12.7%€15.50€8.00n/a20
Dec ’24€11.38
€12.75
+12.1%
12.6%€15.50€8.00n/a20
Nov ’24€11.13
€12.74
+14.4%
12.7%€15.50€8.00€10.1020
Oct ’24€10.77
€12.62
+17.2%
15.2%€16.00€8.00€10.3520
Sep ’24€10.40
€12.70
+22.1%
15.7%€16.00€8.00€10.3018
Aug ’24€10.27
€12.70
+23.7%
15.7%€16.00€8.00€10.2618
Jul ’24€10.75
€12.69
+18.0%
15.2%€15.50€8.00€9.6218
Jun ’24€11.24
€12.62
+12.3%
15.1%€15.50€8.00€10.7019
May ’24€11.87
€12.45
+4.9%
15.5%€15.50€8.00€10.4519
Apr ’24€11.05
€12.10
+9.5%
16.9%€15.50€8.00€10.8719
Mar ’24€10.79
€12.12
+12.3%
16.2%€15.50€8.00€10.5920
Feb ’24€9.70
€12.12
+24.9%
17.3%€16.00€8.00€11.0821
Jan ’24€9.38
€12.18
+29.8%
16.9%€16.00€8.00€10.3421
Dec ’23€9.76
€12.15
+24.4%
16.6%€16.00€8.00€11.3821
Nov ’23€9.67
€12.01
+24.1%
18.8%€16.00€7.44€11.1321

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Liberty Global

US$6.6b

Provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers.

LBTC

US$15.50

7D

-3.1%

1Y

-21.7%

1&1

€2.1b

Operates as a telecommunications provider in Germany.

DRI

€11.76

7D

-9.7%

1Y

-27.2%

Nippon Telegraph and Telephone

JP¥12.9t

Operates as a telecommunications company in Japan and internationally.

NITT

JP¥0.94

7D

2.9%

1Y

-11.5%