Orange
Market Cap
€27.9b
Last Updated
2021/05/07 18:25 UTC
Data Sources
Company Financials +
Executive Summary
Orange S.A. provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 7.3% per year for the next 3 years
Snowflake Analysis
Undervalued with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Orange's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ORA is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ORA's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
ORA
0.3%
FR Telecom
1.1%
FR Market
1 Year Return
-2.3%
ORA
-0.9%
FR Telecom
42.2%
FR Market
Return vs Industry: ORA underperformed the French Telecom industry which returned -0.6% over the past year.
Return vs Market: ORA underperformed the French Market which returned 42.8% over the past year.
Shareholder returns
| ORA | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 0.3% | 1.1% |
| 30 Day | -0.2% | -2.2% | 4.3% |
| 90 Day | 6.5% | 4.4% | 12.0% |
| 1 Year | 3.5%-2.3% | 3.9%-0.9% | 45.5%42.2% |
| 3 Year | -19.6%-31.0% | -17.3%-27.2% | 28.5%18.2% |
| 5 Year | -11.8%-30.6% | -13.9%-28.8% | 86.4%59.8% |
Long-Term Price Volatility Vs. Market
How volatile is Orange's share price compared to the market and industry in the last 5 years?
Simply Wall St News
23 hours ago | Simply Wall St
Is Orange S.A. (EPA:ORA) A Smart Pick For Income Investors?2 weeks ago | Simply Wall St
Orange (EPA:ORA) Has A Somewhat Strained Balance Sheet1 month ago | Simply Wall St
What Type Of Returns Would Orange's (EPA:ORA) Shareholders Have Received Over The Course Of The Last Five Years?Valuation
Is Orange undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ORA (€10.48) is trading below our estimate of fair value (€41.06)
Significantly Below Fair Value: ORA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ORA is good value based on its PE Ratio (6.1x) compared to the XE Telecom industry average (22.5x).
PE vs Market: ORA is good value based on its PE Ratio (6.1x) compared to the French market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: ORA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ORA is good value based on its PB Ratio (0.8x) compared to the XE Telecom industry average (2.1x).
Future Growth
How is Orange forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
-7.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORA's earnings are forecast to decline over the next 3 years (-7.3% per year).
Earnings vs Market: ORA's earnings are forecast to decline over the next 3 years (-7.3% per year).
High Growth Earnings: ORA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ORA's revenue (0.7% per year) is forecast to grow slower than the French market (6.8% per year).
High Growth Revenue: ORA's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ORA's Return on Equity is forecast to be low in 3 years time (8.7%).
Past Performance
How has Orange performed over the past 5 years?
23.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORA has high quality earnings.
Growing Profit Margin: ORA's current net profit margins (10.8%) are higher than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: ORA's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: ORA's earnings growth over the past year (67%) exceeds its 5-year average (23% per year).
Earnings vs Industry: ORA earnings growth over the past year (67%) exceeded the Telecom industry 10%.
Return on Equity
High ROE: ORA's Return on Equity (13.6%) is considered low.
Financial Health
How is Orange's financial position?
Financial Position Analysis
Short Term Liabilities: ORA's short term assets (€25.1B) do not cover its short term liabilities (€28.3B).
Long Term Liabilities: ORA's short term assets (€25.1B) do not cover its long term liabilities (€42.4B).
Debt to Equity History and Analysis
Debt Level: ORA's debt to equity ratio (97.6%) is considered high.
Reducing Debt: ORA's debt to equity ratio has reduced from 103.5% to 97.6% over the past 5 years.
Debt Coverage: ORA's debt is well covered by operating cash flow (35.1%).
Interest Coverage: ORA's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Dividend
What is Orange current dividend yield, its reliability and sustainability?
6.68%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ORA's dividend (6.68%) is higher than the bottom 25% of dividend payers in the French market (1.29%).
High Dividend: ORA's dividend (6.68%) is in the top 25% of dividend payers in the French market (4.03%)
Stability and Growth of Payments
Stable Dividend: ORA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ORA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.1%), ORA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ORA's dividends in 3 years are forecast to be covered by earnings (62.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Stéphane Richard (59 yo)
10.17yrs
Tenure
€1,746,471
Compensation
Mr. Stéphane Richard has been the Chairman and Chief Executive Officer at Orange SA since March 1, 2011. Mr. Richard serves as Managing Partner of SCI du at 18 rue Philippe-Hecht. He serves as the Chairman...
CEO Compensation Analysis
Compensation vs Market: Stéphane's total compensation ($USD2.11M) is below average for companies of similar size in the French market ($USD3.82M).
Compensation vs Earnings: Stéphane's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ORA's management team is considered experienced (3.7 years average tenure).
Board Members
Experienced Board: ORA's board of directors are considered experienced (4.1 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Orange S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Orange S.A.
- Ticker: ORA
- Exchange: ENXTPA
- Founded: 1990
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: €27.908b
- Shares outstanding: 2.66b
- Website: https://www.orange.com
Number of Employees
Location
- Orange S.A.
- 78, rue Olivier de Serres
- Paris
- Ile-de-France
- 75015
- France
Listings
Biography
Orange S.A. provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 18:25 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.