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.
Price History & Performance
|Historical stock prices|
|Current Share Price||€9.43|
|52 Week High||€8.63|
|52 Week Low||€10.87|
|1 Month Change||-2.55%|
|3 Month Change||-1.37%|
|1 Year Change||4.85%|
|3 Year Change||-30.75%|
|5 Year Change||-31.65%|
|Change since IPO||-69.86%|
Recent News & Updates
|ORA||FR Telecom||FR Market|
Return vs Industry: ORA underperformed the French Telecom industry which returned 15.4% over the past year.
Return vs Market: ORA underperformed the French Market which returned 39.2% over the past year.
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.
About the Company
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. It operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; International Carriers & Shared Services; and Mobile Financial Services segments. The company offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as fixed network business solutions, including voice and data; and convergence packages.
Orange Fundamentals Summary
|ORA fundamental statistics|
Is ORA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ORA income statement (TTM)|
|Cost of Revenue||€25.53b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 26, 2021
|Earnings per share (EPS)||0.33|
|Net Profit Margin||2.05%|
How did ORA perform over the long term?See historical performance and comparison
7.4%Current Dividend Yield
Does ORA pay a reliable dividends?See ORA dividend history and benchmarks
|Orange dividend dates|
|Ex Dividend Date||Dec 13 2021|
|Dividend Pay Date||Dec 15 2021|
|Days until Ex dividend||75 days|
|Days until Dividend pay date||77 days|
Does ORA pay a reliable dividends?See ORA dividend history and benchmarks
Is Orange 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: ORA (€9.43) is trading below our estimate of fair value (€38.87)
Significantly Below Fair Value: ORA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ORA is poor value based on its PE Ratio (28.8x) compared to the European Telecom industry average (23.2x).
PE vs Market: ORA is poor value based on its PE Ratio (28.8x) compared to the French market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: ORA is poor value based on its PEG Ratio (4.3x)
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 (2x).
How is Orange forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORA's forecast earnings growth (6.7% per year) is above the savings rate (0.4%).
Earnings vs Market: ORA's earnings (6.7% per year) are forecast to grow slower than the French market (12.1% per year).
High Growth Earnings: ORA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ORA's revenue (0.6% per year) is forecast to grow slower than the French market (6.3% per year).
High Growth Revenue: ORA's revenue (0.6% 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 (8.3%).
How has Orange performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORA has a large one-off loss of €4.2B impacting its June 30 2021 financial results.
Growing Profit Margin: ORA's current net profit margins (2.1%) are lower than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: ORA's earnings have grown significantly by 23.4% per year over the past 5 years.
Accelerating Growth: ORA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ORA had negative earnings growth (-66.8%) over the past year, making it difficult to compare to the Telecom industry average (21.1%).
Return on Equity
High ROE: ORA's Return on Equity (4.4%) is considered low.
How is Orange's financial position?
Financial Position Analysis
Short Term Liabilities: ORA's short term assets (€23.6B) do not cover its short term liabilities (€26.6B).
Long Term Liabilities: ORA's short term assets (€23.6B) do not cover its long term liabilities (€43.9B).
Debt to Equity History and Analysis
Debt Level: ORA's debt to equity ratio (108.8%) is considered high.
Reducing Debt: ORA's debt to equity ratio has increased from 100% to 108.8% over the past 5 years.
Debt Coverage: ORA's debt is well covered by operating cash flow (39%).
Interest Coverage: ORA's interest payments on its debt are well covered by EBIT (4.9x coverage).
What is Orange current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ORA's dividend (7.42%) is higher than the bottom 25% of dividend payers in the French market (1.28%).
High Dividend: ORA's dividend (7.42%) is in the top 25% of dividend payers in the French market (3.98%)
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 high payout ratio (168.1%), ORA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ORA's dividends in 3 years are forecast to be covered by earnings (65.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stephane Richard (60 yo)
Mr. Stephane 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: Stephane's total compensation ($USD2.04M) is below average for companies of similar size in the French market ($USD3.33M).
Compensation vs Earnings: Stephane's compensation has been consistent with company performance over the past year.
Experienced Management: ORA's management team is seasoned and experienced (7 years average tenure).
Experienced Board: ORA's board of directors are considered experienced (4.5 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.
Orange S.A.'s employee growth, exchange listings and data sources
- Name: Orange S.A.
- Ticker: ORA
- Exchange: ENXTPA
- Founded: 1990
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: €25.083b
- Shares outstanding: 2.66b
- Website: https://www.orange.com
Number of Employees
- Orange S.A.
- 78, rue Olivier de Serres
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 21:14|
|End of Day Share Price||2021/09/27 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.