Orange S.A.

BATS-CHIXE:ORAP Stock Report

Market Cap: €38.2b

Orange Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: ORAP (€14.48) is trading below our estimate of future cash flow value (€31.86)

Significantly Below Future Cash Flow Value: ORAP is trading below future cash flow value by more than 20%.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ORAP. This is calculated by dividing ORAP's market cap by their current earnings.
What is ORAP's PE Ratio?
PE Ratio42x
Earnings€911.00m
Market Cap€38.22b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ORAP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.8x
BT.A BT Group
19.3x13.91%UK£18.3b
HTWS Helios Towers
27.7x19.18%UK£1.7b
AAF Airtel Africa
36.2x25.95%UK£13.2b
Z74 Singapore Telecommunications
11.9x-15.33%S$73.5b
ORAP Orange
42x24.72%€38.2b

Price-To-Earnings vs Peers: ORAP is expensive based on its Price-To-Earnings Ratio (42x) compared to the peer average (23.3x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does ORAP's PE Ratio compare vs other companies in the European Telecom Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
No. of Companies8PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ORAP is expensive based on its Price-To-Earnings Ratio (42x) compared to the European Telecom industry average (17.3x).


Price to Earnings Ratio vs Fair Ratio

What is ORAP'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.

ORAP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42x
Fair PE Ratio27x

Price-To-Earnings vs Fair Ratio: ORAP is expensive based on its Price-To-Earnings Ratio (42x) compared to the estimated Fair Price-To-Earnings Ratio (27x).


Analyst Price Targets

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

The above table shows the analyst ORAP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€14.48
€15.95
+10.13%
11.12%€20.00€13.00n/a18
Jan ’27€14.22
€15.69
+10.36%
12.19%€20.00€13.00n/a17
Dec ’26€14.13
€15.56
+10.17%
11.37%€20.00€13.00n/a17
Nov ’26€13.85
€15.32
+10.65%
10.51%€20.00€13.00n/a18
Oct ’26€13.74
€15.24
+10.95%
10.15%€20.00€13.00n/a18
Sep ’26€13.84
€14.88
+7.48%
6.55%€16.60€13.00n/a18
Aug ’26€13.66
€14.71
+7.71%
7.44%€16.30€13.00n/a18
Jul ’26€12.85
€14.00
+8.95%
12.04%€16.20€8.80n/a18
Jun ’26€13.16
€13.58
+3.19%
12.38%€16.20€8.80n/a18
May ’26€12.76
€13.59
+6.48%
12.36%€16.20€8.80n/a18
Apr ’26€11.86
€13.12
+10.63%
12.93%€16.20€8.80n/a19
Mar ’26€11.55
€12.94
+12.12%
14.11%€16.20€8.00n/a18
Feb ’26€10.36
€12.76
+23.18%
13.60%€15.50€8.00n/a18
Jan ’26€9.62
€12.93
+34.38%
13.21%€15.50€8.00€14.2220
Dec ’25€10.08
€12.99
+28.85%
13.26%€15.50€8.00€14.1320
Nov ’25€10.10
€12.99
+28.65%
13.20%€15.50€8.00€13.8520
Oct ’25€10.44
€12.91
+23.67%
12.72%€15.50€8.00€13.7421
Sep ’25€10.45
€12.96
+24.07%
13.24%€16.00€8.00€13.8421
Aug ’25€10.27
€12.96
+26.27%
13.24%€16.00€8.00€13.6621
Jul ’25€9.32
€13.05
+39.92%
12.92%€16.00€8.00€12.8520
Jun ’25€10.61
€13.13
+23.72%
12.25%€15.50€8.00€13.1620
May ’25€10.44
€13.18
+26.35%
12.69%€15.50€8.00€12.7619
Apr ’25€10.65
€13.09
+22.90%
12.64%€15.50€8.00€11.8618
Mar ’25€10.72
€13.06
+21.82%
12.64%€15.50€8.00€11.5518
Feb ’25n/a
€12.96
0%
12.66%€15.50€8.00€10.3618
Jan ’25n/a
€12.80
0%
12.65%€15.50€8.00€9.6220
€16.07
Fair Value
9.9% undervalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/21 17:35
End of Day Share Price 2026/01/21 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Orange S.A. is covered by 44 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
null nullArgus Research Company
Alvaro del Pozo MarotoBanco de Sabadell. S.A.