NOS, S.G.P.S., S.A.

LSE:0J1Z Stock Report

Market Cap: €1.8b

NOS S.G.P.S Valuation

Is 0J1Z undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 0J1Z when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0J1Z (€3.47) is trading below our estimate of fair value (€7.95)

Significantly Below Fair Value: 0J1Z is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0J1Z?

Key metric: As 0J1Z is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0J1Z. This is calculated by dividing 0J1Z's market cap by their current earnings.
What is 0J1Z's PE Ratio?
PE Ratio6.9x
Earnings€255.79m
Market Cap€1.77b

Price to Earnings Ratio vs Peers

How does 0J1Z's PE Ratio compare to its peers?

The above table shows the PE ratio for 0J1Z vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.6x
BT.A BT Group
19.8x14.1%UK£15.2b
GAMA Gamma Communications
26.9x12.7%UK£1.5b
OTEL Oman Telecommunications Company SAOG
11.1x39.2%ر.ع686.1m
CCA Cogeco Communications
8.6x-0.04%CA$2.9b
0J1Z NOS S.G.P.S
6.9x-15.1%€1.8b

Price-To-Earnings vs Peers: 0J1Z is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (16.6x).

Price to Earnings Ratio vs Industry

How does 0J1Z's PE Ratio compare vs other companies in the European Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0J1Z 6.9xIndustry Avg. 18.3xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0J1Z is good value based on its Price-To-Earnings Ratio (6.9x) compared to the European Telecom industry average (18.3x).

Price to Earnings Ratio vs Fair Ratio

What is 0J1Z'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.

0J1Z PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio13.7x

Price-To-Earnings vs Fair Ratio: 0J1Z is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (13.7x).

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 0J1Z forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.47
€3.97
+14.3%
9.9%€4.50€3.30n/a14
Nov ’25€3.54
€4.06
+14.9%
12.2%€5.25€3.30n/a15
Oct ’25€3.66
€4.04
+10.6%
12.2%€5.25€3.30n/a15
Sep ’25€3.59
€4.09
+13.9%
13.3%€5.25€3.30n/a15
Aug ’25€3.52
€4.09
+16.4%
13.3%€5.25€3.30n/a15
Jul ’25€3.34
€4.05
+21.2%
12.9%€5.25€3.30n/a15
Jun ’25€3.31
€4.06
+22.8%
12.7%€5.25€3.40n/a15
May ’25€3.25
€4.11
+26.5%
12.6%€5.25€3.40n/a15
Apr ’25€3.63
€4.09
+12.8%
12.9%€5.25€3.40n/a15
Mar ’25€3.28
€4.08
+24.2%
13.1%€5.25€3.40n/a15
Feb ’25€3.24
€4.09
+26.2%
13.1%€5.25€3.40n/a15
Jan ’25€3.20
€4.11
+28.2%
12.7%€5.25€3.40n/a15
Dec ’24€3.40
€4.15
+22.3%
11.7%€5.25€3.40n/a15
Nov ’24€3.46
€4.16
+20.4%
11.3%€5.00€3.40€3.5415
Oct ’24€3.48
€4.17
+19.8%
11.3%€5.00€3.40€3.6615
Sep ’24€3.47
€4.17
+20.3%
11.3%€5.00€3.40€3.5915
Aug ’24€3.46
€4.17
+20.6%
11.3%€5.00€3.40€3.5215
Jul ’24€3.26
€4.09
+25.5%
13.6%€5.00€2.60€3.3414
Jun ’24€3.43
€4.11
+19.8%
13.5%€5.00€2.60€3.3114
May ’24€3.99
€4.09
+2.5%
12.8%€4.80€2.60€3.2514
Apr ’24€4.23
€4.01
-5.2%
13.1%€4.70€2.60€3.6315
Mar ’24€4.21
€3.92
-6.9%
12.7%€4.70€2.60€3.2815
Feb ’24€3.95
€3.89
-1.6%
12.8%€4.70€2.60€3.2415
Jan ’24€3.83
€3.89
+1.7%
13.2%€4.70€2.60€3.2016
Dec ’23€3.87
€3.86
-0.2%
12.8%€4.70€2.60€3.4016
Nov ’23€3.99
€3.86
-3.3%
12.7%€4.70€2.60€3.4616

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

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