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NOS

NOS S.G.P.SENXTLS:NOS Stock Report

Market Cap

€1.7b

7D

0.1%

1Y

4.7%

Updated

28 Nov, 2021

Data

Company Financials +
NOS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends3/6

NOS Stock Overview

NOS, S.G.P.S., S.A. operates as a communications and entertainment company worldwide.

NOS S.G.P.S Competitors

Deutsche Telekom

XTRA:DTE

€76.6b

Orange

ENXTPA:ORA

€25.7b

Swisscom

SWX:SCMN

CHF26.8b

Telenor

OB:TEL

kr192.3b

Price History & Performance

Summary of all time highs, changes and price drops for NOS S.G.P.S
Historical stock prices
Current Share Price€3.35
52 Week High€3.67
52 Week Low€2.69
Beta0.87
1 Month Change-0.71%
3 Month Change-5.63%
1 Year Change4.69%
3 Year Change-38.92%
5 Year Change-35.39%
Change since IPO-81.47%

Recent News & Updates

Nov 08
Calculating The Intrinsic Value Of NOS, S.G.P.S., S.A. (ELI:NOS)

Calculating The Intrinsic Value Of NOS, S.G.P.S., S.A. (ELI:NOS)

Today we will run through one way of estimating the intrinsic value of NOS, S.G.P.S., S.A. ( ELI:NOS ) by estimating...

Aug 22
Does NOS S.G.P.S (ELI:NOS) Have A Healthy Balance Sheet?

Does NOS S.G.P.S (ELI:NOS) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Aug 04
Should You Investigate NOS, S.G.P.S., S.A. (ELI:NOS) At €3.21?

Should You Investigate NOS, S.G.P.S., S.A. (ELI:NOS) At €3.21?

While NOS, S.G.P.S., S.A. ( ELI:NOS ) might not be the most widely known stock at the moment, it saw a decent share...

Jun 20
Estimating The Fair Value Of NOS, S.G.P.S., S.A. (ELI:NOS)

Estimating The Fair Value Of NOS, S.G.P.S., S.A. (ELI:NOS)

Today we will run through one way of estimating the intrinsic value of NOS, S.G.P.S., S.A. ( ELI:NOS ) by taking the...

Shareholder Returns

NOSPT TelecomPT Market
7D0.1%-0.3%-0.4%
1Y4.7%3.9%15.5%

Return vs Industry: NOS matched the Portuguese Telecom industry which returned 3.9% over the past year.

Return vs Market: NOS underperformed the Portuguese Market which returned 15.5% over the past year.

Price Volatility

Is NOS's price volatile compared to industry and market?
NOS volatility
NOS Average Weekly Movement2.5%
Telecom Industry Average Movement3.6%
Market Average Movement4.1%
10% most volatile stocks in PT Market6.9%
10% least volatile stocks in PT Market2.9%

Stable Share Price: NOS is less volatile than 75% of Portuguese stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: NOS's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19992,193Miguel Nuno Almeidahttps://www.nos.pt

NOS, S.G.P.S., S.A. operates as a communications and entertainment company worldwide. The company offers cable and satellite television, voice and internet access, mobile communication, IP voice, mobile virtual network, and related consulting services, as well as electronic communications services, including data and multimedia communication, voice and SMS traffic transport, and signaling. It is also involved in the negotiation, acquisition, and distribution of content rights and other multimedia products, and Pay TV and video-on-demand rights; producing films and series channels; managing the advertising space on Pay TV channels; video production and sale; and cinema exhibition and distribution.

NOS S.G.P.S Fundamentals Summary

How do NOS S.G.P.S's earnings and revenue compare to its market cap?
NOS fundamental statistics
Market Cap€1.72b
Earnings (TTM)€132.89m
Revenue (TTM)€1.40b

12.9x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NOS income statement (TTM)
Revenue€1.40b
Cost of Revenue€643.51m
Gross Profit€755.78m
Expenses€622.88m
Earnings€132.89m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.26
Gross Margin54.01%
Net Profit Margin9.50%
Debt/Equity Ratio99.3%

How did NOS perform over the long term?

See historical performance and comparison

Dividends

8.3%

Current Dividend Yield

107%

Payout Ratio

Valuation

Is NOS S.G.P.S undervalued compared to its fair value and its price relative to the market?

12.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NOS (€3.35) is trading above our estimate of fair value (€3.08)

Significantly Below Fair Value: NOS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NOS is good value based on its PE Ratio (12.9x) compared to the European Telecom industry average (20.6x).

PE vs Market: NOS is good value based on its PE Ratio (12.9x) compared to the Portuguese market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: NOS is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: NOS is good value based on its PB Ratio (1.8x) compared to the XE Telecom industry average (2x).


Future Growth

How is NOS S.G.P.S forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NOS's forecast earnings growth (5.4% per year) is above the savings rate (1.4%).

Earnings vs Market: NOS's earnings (5.4% per year) are forecast to grow slower than the Portuguese market (12.2% per year).

High Growth Earnings: NOS's earnings are forecast to grow, but not significantly.

Revenue vs Market: NOS's revenue (1.7% per year) is forecast to grow slower than the Portuguese market (5.9% per year).

High Growth Revenue: NOS's revenue (1.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NOS's Return on Equity is forecast to be low in 3 years time (12.7%).


Past Performance

How has NOS S.G.P.S performed over the past 5 years?

1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NOS has high quality earnings.

Growing Profit Margin: NOS's current net profit margins (9.5%) are higher than last year (5.2%).


Past Earnings Growth Analysis

Earnings Trend: NOS's earnings have grown by 1.6% per year over the past 5 years.

Accelerating Growth: NOS's earnings growth over the past year (68%) exceeds its 5-year average (1.6% per year).

Earnings vs Industry: NOS earnings growth over the past year (68%) exceeded the Telecom industry 14.4%.


Return on Equity

High ROE: NOS's Return on Equity (14.2%) is considered low.


Financial Health

How is NOS S.G.P.S's financial position?


Financial Position Analysis

Short Term Liabilities: NOS's short term assets (€518.7M) do not cover its short term liabilities (€797.5M).

Long Term Liabilities: NOS's short term assets (€518.7M) do not cover its long term liabilities (€1.4B).


Debt to Equity History and Analysis

Debt Level: NOS's net debt to equity ratio (94.7%) is considered high.

Reducing Debt: NOS's debt to equity ratio has reduced from 102.9% to 99.3% over the past 5 years.

Debt Coverage: NOS's debt is well covered by operating cash flow (74.6%).

Interest Coverage: NOS's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Dividend

What is NOS S.G.P.S current dividend yield, its reliability and sustainability?

8.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NOS's dividend (8.3%) is higher than the bottom 25% of dividend payers in the Portuguese market (2.51%).

High Dividend: NOS's dividend (8.3%) is in the top 25% of dividend payers in the Portuguese market (6%)


Stability and Growth of Payments

Stable Dividend: NOS's dividend payments have been volatile in the past 10 years.

Growing Dividend: NOS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (107.1%), NOS's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: NOS's dividends in 3 years are not forecast to be well covered by earnings (95.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Miguel Nuno Almeida (54 yo)

no data

Tenure

€944,488

Compensation

Mr. Miguel Nuno Santos Almeida serves as the Chief Executive Officer at Sonaecom - Serviços de Comunicações, S.A (known as NOS) since October 1, 2013 and NOS SGPS SA. Mr. Almeida served as the Chief Market...


CEO Compensation Analysis

Compensation vs Market: Miguel Nuno's total compensation ($USD1.07M) is about average for companies of similar size in the Portuguese market ($USD1.08M).

Compensation vs Earnings: Miguel Nuno's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: NOS's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: NOS's board of directors are considered experienced (5.6 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

NOS, S.G.P.S., S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: NOS, S.G.P.S., S.A.
  • Ticker: NOS
  • Exchange: ENXTLS
  • Founded: 1999
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: €1.716b
  • Shares outstanding: 512.16m
  • Website: https://www.nos.pt

Number of Employees


Location

  • NOS, S.G.P.S., S.A.
  • Rua Actor António Silva, nº9
  • Campo Grande
  • Lisbon
  • Lisbon
  • 1600-404
  • Portugal

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/28 19:32
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.