Orange Belgium S.A.

BATS-CHIXE:OBELB Stock Report

Market Cap: €848.8m

Orange Belgium Valuation

Is OBELB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OBELB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OBELB (€14.58) is trading below our estimate of fair value (€46.21)

Significantly Below Fair Value: OBELB is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for OBELB?

Key metric: As OBELB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for OBELB. This is calculated by dividing OBELB's market cap by their current earnings.
What is OBELB's PE Ratio?
PE Ratio14.6x
Earnings€58.16m
Market Cap€848.82m

Price to Earnings Ratio vs Peers

How does OBELB's PE Ratio compare to its peers?

The above table shows the PE ratio for OBELB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.1x
AAF Airtel Africa
n/a46.7%UK£3.9b
VOD Vodafone Group
9.4x3.7%UK£18.3b
HTWS Helios Towers
n/a61.9%UK£1.0b
GAMA Gamma Communications
26.9x14.2%UK£1.5b
OBELb Orange Belgium
377.9x51.8%€999.0m

Price-To-Earnings vs Peers: OBELB is good value based on its Price-To-Earnings Ratio (14.6x) compared to the peer average (17.7x).


Price to Earnings Ratio vs Industry

How does OBELB's PE Ratio compare vs other companies in the Global Wireless Telecom Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies11PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OBELB is good value based on its Price-To-Earnings Ratio (14.6x) compared to the Global Wireless Telecom industry average (17.5x).


Price to Earnings Ratio vs Fair Ratio

What is OBELB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OBELB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate OBELB's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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