Eutelsat Communications S.A. provides satellite related services.
Undervalued established dividend payer.
Share Price & News
How has Eutelsat Communications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ETL has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ETL underperformed the French Media industry which returned -29.9% over the past year.
Return vs Market: ETL underperformed the French Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is Eutelsat Communications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Type Of Shareholders Make Up Eutelsat Communications S.A.'s (EPA:ETL) Share Registry?
1 month ago | Simply Wall StLacklustre Performance Driving Eutelsat Communications S.A.'s (EPA:ETL) P/E
2 months ago | Simply Wall StSome Eutelsat Communications (EPA:ETL) Shareholders Have Copped A Big 66% Share Price Drop
Is Eutelsat Communications 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: ETL (€8.82) is trading below our estimate of fair value (€25.2)
Significantly Below Fair Value: ETL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ETL is good value based on its PE Ratio (6.9x) compared to the FR Media industry average (10.3x).
PE vs Market: ETL is good value based on its PE Ratio (6.9x) compared to the French market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: ETL is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: ETL is good value based on its PB Ratio (0.8x) compared to the FR Media industry average (1x).
How is Eutelsat Communications forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ETL's forecast earnings growth (6.7% per year) is above the savings rate (0.6%).
Earnings vs Market: ETL's earnings (6.7% per year) are forecast to grow slower than the French market (23.4% per year).
High Growth Earnings: ETL's earnings are forecast to grow, but not significantly.
Revenue vs Market: ETL's revenue is expected to decline over the next 3 years (-1.7% per year).
High Growth Revenue: ETL's revenue is forecast to decline over the next 3 years (-1.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ETL's Return on Equity is forecast to be low in 3 years time (10.4%).
How has Eutelsat Communications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ETL has high quality earnings.
Growing Profit Margin: ETL's current net profit margins (23.3%) are lower than last year (25.8%).
Past Earnings Growth Analysis
Earnings Trend: ETL's earnings have declined by 4% per year over the past 5 years.
Accelerating Growth: ETL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ETL had negative earnings growth (-12.6%) over the past year, making it difficult to compare to the Media industry average (-12.6%).
Return on Equity
High ROE: ETL's Return on Equity (11.1%) is considered low.
How is Eutelsat Communications's financial position?
Financial Position Analysis
Short Term Liabilities: ETL's short term assets (€1.3B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: ETL's short term assets (€1.3B) do not cover its long term liabilities (€3.5B).
Debt to Equity History and Analysis
Debt Level: ETL's debt to equity ratio (119.9%) is considered high.
Reducing Debt: ETL's debt to equity ratio has reduced from 129.6% to 119.9% over the past 5 years.
Debt Coverage: ETL's debt is well covered by operating cash flow (23.2%).
Interest Coverage: ETL's interest payments on its debt are well covered by EBIT (6.2x coverage).
What is Eutelsat Communications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ETL's dividend (10.09%) is higher than the bottom 25% of dividend payers in the French market (1.44%).
High Dividend: ETL's dividend (10.09%) is in the top 25% of dividend payers in the French market (4.85%)
Stability and Growth of Payments
Stable Dividend: ETL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ETL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.4%), ETL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ETL's dividends in 3 years are forecast to be covered by earnings (78% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rodolphe Belmer (51 yo)
Mr. Rodolphe Belmer has been the Chief Executive Officer of Eutelsat Communications S.A. and Eutelsat S.A. since March 1, 2016. Mr. Belmer serves as the Chief Operating Officer and Member of the Executive ...
CEO Compensation Analysis
Compensation vs Market: Rodolphe's total compensation ($USD2.31M) is above average for companies of similar size in the French market ($USD1.72M).
Compensation vs Earnings: Rodolphe's compensation has been consistent with company performance over the past year.
|CEO & Director||4.42yrs||€1.95m||no data|
|Deputy CEO & CTO||6.08yrs||€475.11k||no data|
|Deputy Chief Executive Officer||8.92yrs||€1.23m||no data|
|Chief Financial Officer||3.58yrs||no data||no data|
|Deputy Chief Technology Officer and Director of Operations||no data||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|General Counsel & Company Secretary||0.58yr||no data||no data|
|Corporate Communications Director||2.58yrs||no data||no data|
|Group Chief Human Resources Officer||0.58yr||no data||no data|
|President of Eutelsat Poland||no data||no data||no data|
|Executive Vice President of Commercial Development & Strategic Partnerships||4.83yrs||no data||no data|
|Chief Strategy & Resources Officer||4.08yrs||no data||no data|
Experienced Management: ETL's management team is considered experienced (4.1 years average tenure).
|CEO & Director||4.42yrs||€1.95m||no data|
|Independent Director||3.75yrs||€72.86k||no data|
|Independent Director||7.5yrs||€87.39k||no data|
|Independent Director||4.75yrs||€75.00k||no data|
|Independent Chairman of the Board||2.75yrs||€228.29k||no data|
|Board Observer||2.75yrs||no data||no data|
|Independent Director||9.5yrs||€54.00k||no data|
|Independent Director||2.75yrs||€70.86k||no data|
|Independent Director||2.75yrs||€57.86k||no data|
|Independent Director||0.75yr||no data||no data|
Experienced Board: ETL's board of directors are considered experienced (3.3 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.
Eutelsat Communications S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Eutelsat Communications S.A.
- Ticker: ETL
- Exchange: ENXTPA
- Founded: 1977
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: €2.030b
- Shares outstanding: 230.15m
- Website: https://www.eutelsat.com
Number of Employees
- Eutelsat Communications S.A.
- 70, rue Balard
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ETL||ENXTPA (Euronext Paris)||Yes||Common Stock||FR||EUR||Dec 2005|
|E3B||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2005|
|0JNI||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Dec 2005|
|EUTL.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Dec 2005|
|ETLP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Dec 2005|
|ETL N||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 2005|
|E3B||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Dec 2005|
|ETCM.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Nov 2011|
Eutelsat Communications S.A. provides satellite related services. It offers video services, such as broadcast DTH, distribution, and HD and ultra HD channels; and secure and rapidly deployed communications ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 10:08|
|End of Day Share Price||2020/08/13 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.