Proximus PLC, a telecommunication and ICT company, provides telephony, Internet, television, and network-based ICT services to the residential, enterprise, and public customers in Belgium and internationally.
Fair value with mediocre balance sheet.
Share Price & News
How has Proximus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PROX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PROX underperformed the Belgian Telecom industry which returned -14.3% over the past year.
Return vs Market: PROX exceeded the Belgian Market which returned -26.7% over the past year.
Price Volatility Vs. Market
How volatile is Proximus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StSome Proximus (EBR:PROX) Shareholders Are Down 39%
4 weeks ago | Simply Wall StRead This Before You Buy Proximus PLC (EBR:PROX) Because Of Its P/E Ratio
1 month ago | Simply Wall StProximus PLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Is Proximus undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PROX (€20.5) is trading below our estimate of fair value (€27.56)
Significantly Below Fair Value: PROX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PROX is good value based on its PE Ratio (17.7x) compared to the Telecom industry average (18x).
PE vs Market: PROX is poor value based on its PE Ratio (17.7x) compared to the Belgian market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: PROX is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: PROX is overvalued based on its PB Ratio (2.3x) compared to the XE Telecom industry average (1.5x).
How is Proximus forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PROX's forecast earnings growth (9.1% per year) is above the savings rate (0.7%).
Earnings vs Market: PROX's earnings (9.1% per year) are forecast to grow faster than the Belgian market (6.2% per year).
High Growth Earnings: PROX's earnings are forecast to grow, but not significantly.
Revenue vs Market: PROX's revenue is expected to decline over the next 3 years (-0.8% per year).
High Growth Revenue: PROX's revenue is forecast to decline over the next 3 years (-0.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PROX's Return on Equity is forecast to be low in 3 years time (17.9%).
How has Proximus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PROX has high quality earnings.
Growing Profit Margin: PROX's current net profit margins (6.6%) are lower than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: PROX's earnings have declined by -2.6% per year over the past 5 years.
Accelerating Growth: PROX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PROX had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Telecom industry average (8.5%).
Return on Equity
High ROE: PROX's Return on Equity (13.1%) is considered low.
How is Proximus's financial position?
Financial Position Analysis
Short Term Liabilities: PROX's short term assets (€1.8B) do not cover its short term liabilities (€2.4B).
Long Term Liabilities: PROX's short term assets (€1.8B) do not cover its long term liabilities (€3.6B).
Debt to Equity History and Analysis
Debt Level: PROX's debt to equity ratio (84%) is considered high.
Reducing Debt: PROX's debt to equity ratio has reduced from 85.6% to 84% over the past 5 years.
Debt Coverage: PROX's debt is well covered by operating cash flow (65.8%).
Interest Coverage: PROX's interest payments on its debt are well covered by EBIT (13.7x coverage).
What is Proximus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PROX's dividend (7.32%) is higher than the bottom 25% of dividend payers in the Belgian market (2.71%).
High Dividend: PROX's dividend (7.32%) is in the top 25% of dividend payers in the Belgian market (6.17%)
Stability and Growth of Payments
Stable Dividend: PROX's dividend payments have been volatile in the past 10 years.
Growing Dividend: PROX's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (129.9%), PROX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PROX's dividends in 3 years are forecast to be covered by earnings (88.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Guillaume Boutin (44yo)
Mr. Guillaume Boutin serves as Chief Executive Officer and Managing Director at Proximus PLC since December 01, 2019 and also serves as its Director since December 12, 2019. He served as Chief Consumer Mar ...
|CEO, MD & Director||0.33yr||no data||no data|
|Chief Enterprise Market Officer||no data||no data||no data|
|Chief Financial Officer||5yrs||no data||no data|
|Chief Technology Officer||8.08yrs||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Chief Human Resources Officer||3.92yrs||no data||no data|
|Head of Telecom Solutions Department||no data||no data||no data|
|Chief Customer Operations Officer||5.92yrs||no data||no data|
|Chief Consumer Market Officer||0.33yr||no data||no data|
|Chief Corporate Affairs Officer & Secretary General||no data||no data||no data|
Experienced Management: PROX's management team is considered experienced (4.5 years average tenure).
|CEO, MD & Director||0.33yr||no data||no data|
|Independent Director||5yrs||€104.50k||no data|
|Independent Director||5.92yrs||€82.00k||no data|
|Independent Director||9.25yrs||€104.50k||no data|
|Independent Director||5.92yrs||€99.50k||no data|
Experienced Board: PROX's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Proximus PLC's company bio, employee growth, exchange listings and data sources
- Name: Proximus PLC
- Ticker: PROX
- Exchange: ENXTBR
- Founded: 1930
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: €6.621b
- Shares outstanding: 322.98m
- Website: https://www.proximus.com
Number of Employees
- Proximus PLC
- Boulevard du Roi Albert II, 27 B
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BGAO.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Mar 2004|
|PROX||ENXTBR (Euronext Brussels)||Yes||Ordinary Shares||BE||EUR||Mar 2004|
|BX7||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 2004|
|0DPU||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Mar 2004|
|PROXB||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Mar 2004|
|PROX||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Mar 2004|
|PROX||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Mar 2004|
|BX7||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Mar 2004|
|BGAO.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Oct 2008|
Proximus PLC, a telecommunication and ICT company, provides telephony, Internet, television, and network-based ICT services to the residential, enterprise, and public customers in Belgium and internationally. It operates through Consumer Business Unit (CBU), Enterprise Business Unit (EBU), Wholesale Unit (WU), Technology Unit (TEC), International Carrier Services (ICS), and Staff and Support (S&S) segments. The CBU segment sells voice products and services, and Internet and television services on fixed and mobile networks to residential customers and small offices; and offers ICT services primarily in the Belgian market, as well as provides related customer operations. The EBU segment sells ICT, and telecom services and products to medium and corporate enterprises primarily under the Proximus and Telindus brands. The WU segment sells services to the telecom and cable operators. The ICS segment engages in the international carrier activities. The TEC segment offers network and IT services. The S&S segment is involved in real estate activities. The company was formerly known as Belgacom SA and changed its name to Proximus PLC in June 2015. Proximus PLC was founded in 1930 and is headquartered in Brussels, Belgium.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 23:44|
|End of Day Share Price||2020/04/07 00:00|
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.