Orange Belgium Future Growth

Future criteria checks 3/6

Orange Belgium is forecast to grow earnings and revenue by 51.8% and 1.3% per annum respectively. EPS is expected to grow by 45.9% per annum. Return on equity is forecast to be 4.9% in 3 years.

Key information

51.8%

Earnings growth rate

45.9%

EPS growth rate

Wireless Telecom earnings growth	11.3%
Revenue growth rate	1.3%
Future return on equity	4.9%
Analyst coverage	Good
Last updated	12 Dec 2024

Recent future growth updates

Recent updates

Is There An Opportunity With Orange Belgium S.A.'s (EBR:OBEL) 44% Undervaluation?

Jan 10

If You Had Bought Orange Belgium's (EBR:OBEL) Shares Five Years Ago You Would Be Down 25%

Nov 30

What Is The Ownership Structure Like For Orange Belgium S.A. (EBR:OBEL)?

Oct 06

We Think Orange Belgium's (EBR:OBEL) Statutory Profit Might Understate Its Earnings Potential

Sep 21

Does Orange Belgium (EBR:OBEL) Have A Healthy Balance Sheet?

Sep 07

What Type Of Returns Would Orange Belgium's(EBR:OBEL) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Aug 25

Orange Belgium S.A.'s (EBR:OBEL) Dismal Stock Performance Reflects Weak Fundamentals

Aug 10

Orange Belgium S.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 28

Has Orange Belgium (EBR:OBEL) Got What It Takes To Become A Multi-Bagger?

Jul 16

How Many Orange Belgium S.A. (EBR:OBEL) Shares Do Institutions Own?

Jun 29

Earnings and Revenue Growth Forecasts

ENXTBR:OBEL - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,055	59	N/A	N/A	5
12/31/2025	2,029	47	160	413	5
12/31/2024	2,004	43	154	401	5
6/30/2024	1,986	3	126	479	N/A
3/31/2024	1,868	1	99	428	N/A
12/31/2023	1,749	0	73	377	N/A
9/30/2023	1,602	8	-179	379	N/A
6/30/2023	1,454	16	-430	381	N/A
3/31/2023	1,423	37	-409	385	N/A
12/31/2022	1,391	58	-387	390	N/A
9/30/2022	1,396	57	-174	345	N/A
6/30/2022	1,385	59	138	369	N/A
3/31/2022	1,372	57	134	361	N/A
12/31/2021	1,363	40	142	368	N/A
9/30/2021	1,345	37	150	364	N/A
6/30/2021	1,334	41	137	342	N/A
3/31/2021	1,311	49	189	379	N/A
12/31/2020	1,315	54	167	344	N/A
9/30/2020	1,341	52	190	358	N/A
6/30/2020	1,340	45	198	363	N/A
3/31/2020	1,357	43	143	321	N/A
12/31/2019	1,341	33	159	340	N/A
9/30/2019	1,314	31	120	308	N/A
6/30/2019	1,297	37	115	297	N/A
3/31/2019	1,291	25	89	273	N/A
12/31/2018	1,280	32	82	261	N/A
9/30/2018	1,268	24	81	265	N/A
6/30/2018	1,259	23	64	252	N/A
3/31/2018	1,254	33	N/A	N/A	N/A
12/31/2017	1,246	39	N/A	267	N/A
9/30/2017	1,256	79	N/A	N/A	N/A
6/30/2017	1,240	72	N/A	309	N/A
3/31/2017	1,240	85	N/A	N/A	N/A
12/31/2016	1,242	77	N/A	299	N/A
9/30/2016	1,242	77	N/A	N/A	N/A
6/30/2016	1,237	77	N/A	354	N/A
3/31/2016	1,241	66	N/A	N/A	N/A
12/31/2015	1,235	77	N/A	342	N/A
9/30/2015	1,223	57	N/A	N/A	N/A
6/30/2015	1,227	44	N/A	256	N/A
3/31/2015	1,238	44	N/A	261	N/A
12/31/2014	1,249	43	N/A	266	N/A
9/30/2014	1,291	49	N/A	265	N/A
6/30/2014	1,333	54	N/A	263	N/A
3/31/2014	1,397	71	N/A	268	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OBEL's forecast earnings growth (51.8% per year) is above the savings rate (1.4%).

Earnings vs Market: OBEL's earnings (51.8% per year) are forecast to grow faster than the Belgian market (19.1% per year).

High Growth Earnings: OBEL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OBEL's revenue (1.3% per year) is forecast to grow slower than the Belgian market (6.9% per year).

High Growth Revenue: OBEL's revenue (1.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OBEL's Return on Equity is forecast to be low in 3 years time (4.9%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/05 06:54
End of Day Share Price	2025/01/03 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Orange Belgium S.A. is covered by 32 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Konrad Zomer	ABN AMRO Bank N.V.
Jean-Michel Salvador	AlphaValue
Andrew Charles Beale	Arete Research Services LLP

Orange Belgium Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 9.9% to €17.10

Consensus EPS estimates fall by 17%, revenue upgraded

Consensus EPS estimates fall by 17%, revenue upgraded

Consensus EPS estimates fall by 15%, revenue upgraded

Consensus EPS estimates increase by 12%

Orange Belgium Provides Earnings Guidance for the Year 2022

Recent updates

Orange Belgium S.A. to Report Second Half, 2024 Results on Feb 07, 2025

Price target decreased by 9.9% to €17.10

There May Be Some Bright Spots In Orange Belgium's (EBR:OBEL) Earnings

First half 2024 earnings released: €0.19 loss per share (vs €0.26 loss in 1H 2023)

New minor risk - Shareholder dilution

Capital Allocation Trends At Orange Belgium (EBR:OBEL) Aren't Ideal

Full year 2023 earnings released

Orange Belgium S.A. to Report Fiscal Year 2023 Results on Mar 29, 2024

Consensus EPS estimates fall by 17%, revenue upgraded

Consensus EPS estimates fall by 17%, revenue upgraded

Consensus EPS estimates fall by 15%, revenue upgraded

First half 2023 earnings released: €0.26 loss per share (vs €0.45 profit in 1H 2022)

New major risk - Financial position

Orange Belgium (EBR:OBEL) Is Experiencing Growth In Returns On Capital

Orange Belgium S.A. (ENXTBR:OBEL) acquired 75% minus one share in VOO SA from Nethys S.A.

Consensus EPS estimates increase by 12%

Full year 2022 earnings released: EPS: €0.97 (vs €0.66 in FY 2021)

Orange Belgium S.A. Promotes Jacquet to Chief People Officer'

Orange Belgium S.A. to Report First Half, 2023 Results on Jul 20, 2023

Is There An Opportunity With Orange Belgium S.A.'s (EBR:OBEL) 44% Undervaluation?

Less than half of directors are independent

Orange Belgium S.A. to Report Fiscal Year 2022 Results on Feb 23, 2023

Orange Belgium Provides Earnings Guidance for the Year 2022

Orange Belgium Group Provides Revenue Guidance for the Year 2022

Orange Belgium in Negotiation on the Acquisition of Control over VOO

Orange Belgium Launches Hey!

Market bids up stock over the past week

Orange Belgium Announces Executive Appointments

If You Had Bought Orange Belgium's (EBR:OBEL) Shares Five Years Ago You Would Be Down 25%

Orange Belgium S.A. to Report Q1, 2021 Results on Apr 21, 2021

New 90-day high: €15.52

Third quarter earnings released

Third-quarter earnings released: Revenue and earnings beat expectations

New 90-day high: €15.48

What Is The Ownership Structure Like For Orange Belgium S.A. (EBR:OBEL)?

New 90-day low: €13.72

We Think Orange Belgium's (EBR:OBEL) Statutory Profit Might Understate Its Earnings Potential

Does Orange Belgium (EBR:OBEL) Have A Healthy Balance Sheet?

What Type Of Returns Would Orange Belgium's(EBR:OBEL) Shareholders Have Earned If They Purchased Their SharesYear Ago?

New 90-day low - €13.88

Orange Belgium S.A.'s (EBR:OBEL) Dismal Stock Performance Reflects Weak Fundamentals

Orange Belgium S.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Has Orange Belgium (EBR:OBEL) Got What It Takes To Become A Multi-Bagger?

Orange Belgium Announces Executive Changes

How Many Orange Belgium S.A. (EBR:OBEL) Shares Do Institutions Own?

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources