Is Orange (EPA:ORA) Using Too Much Debt?
May 13
French (CAC) Telecom Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies51
- 7D0.5%
- 3M1.9%
- 1Y7.3%
- YTD9.0%
In the last week, Telecom has been flat. As for the the longer term, the industry is up 7.3% over the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.
Sector Valuation and Performance
Has the French Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €109.6b | €108.1b | €5.4b | 17.1x | 20.5x | 1x |
| Tue, 16 Apr 2024 | €106.7b | €107.6b | -€38,365,459,020.00 | 19x | -2.8x | 1x |
| Thu, 14 Mar 2024 | €104.5b | €114.2b | -€38,424,724,941.00 | 17.6x | -2.7x | 0.9x |
| Sat, 10 Feb 2024 | €105.8b | €112.6b | -€40,354,977,564.00 | 17.8x | -2.6x | 0.9x |
| Mon, 08 Jan 2024 | €101.9b | €112.6b | -€40,363,150,564.00 | 17.7x | -2.5x | 0.9x |
| Wed, 06 Dec 2023 | €98.0b | €112.6b | -€40,350,048,564.00 | 17.9x | -2.4x | 0.9x |
| Fri, 03 Nov 2023 | €96.6b | €112.6b | €2.9b | 18x | 33.5x | 0.9x |
| Sun, 01 Oct 2023 | €94.9b | €112.4b | €2.7b | 17.5x | 35x | 0.8x |
| Tue, 29 Aug 2023 | €95.2b | €112.4b | €2.7b | 16.4x | 35.2x | 0.8x |
| Thu, 27 Jul 2023 | €98.8b | €111.4b | €3.2b | 15.4x | 30.8x | 0.9x |
| Sat, 24 Jun 2023 | €96.2b | €110.8b | €3.2b | 18x | 30.5x | 0.9x |
| Mon, 22 May 2023 | €102.2b | €111.2b | €2.7b | 19.6x | 38.2x | 0.9x |
| Wed, 19 Apr 2023 | €107.2b | €111.7b | €3.1b | 16.7x | 34.9x | 1x |
| Fri, 17 Mar 2023 | €100.7b | €111.5b | €3.1b | 15.2x | 32.5x | 0.9x |
| Sun, 12 Feb 2023 | €98.6b | €112.3b | -€7,983,630,006.00 | 15.9x | -12.3x | 0.9x |
| Tue, 10 Jan 2023 | €96.2b | €110.9b | -€8,050,744,621.00 | 13.6x | -12x | 0.9x |
| Thu, 08 Dec 2022 | €93.0b | €110.9b | -€8,041,059,726.00 | 13.5x | -11.6x | 0.8x |
| Sat, 05 Nov 2022 | €91.0b | €110.1b | -€8,038,317,353.00 | 12.3x | -11.3x | 0.8x |
| Mon, 03 Oct 2022 | €78.4b | €109.9b | -€7,595,425,777.00 | 12.2x | -10.3x | 0.7x |
| Wed, 31 Aug 2022 | €84.0b | €109.5b | -€11,581,371,777.00 | 14.7x | -7.3x | 0.8x |
| Fri, 29 Jul 2022 | €86.5b | €105.0b | -€13,046,354,777.00 | 15.3x | -6.6x | 0.8x |
| Sun, 26 Jun 2022 | €89.4b | €103.8b | -€13,160,915,861.00 | 13.2x | -6.8x | 0.9x |
| Tue, 24 May 2022 | €97.2b | €106.8b | -€13,259,031,861.00 | 14.1x | -7.3x | 0.9x |
| Thu, 21 Apr 2022 | €95.9b | €106.5b | -€13,359,504,644.00 | 19x | -7.2x | 0.9x |
| Sat, 19 Mar 2022 | €94.7b | €106.1b | -€13,415,343,245.00 | 20.7x | -7.1x | 0.9x |
| Mon, 14 Feb 2022 | €101.2b | €117.4b | €3.2b | 20.1x | 31.8x | 0.9x |
| Wed, 12 Jan 2022 | €94.9b | €116.7b | €3.0b | 21.7x | 31.5x | 0.8x |
| Fri, 10 Dec 2021 | €92.0b | €116.7b | €3.0b | 20.1x | 30.7x | 0.8x |
| Sun, 07 Nov 2021 | €106.3b | €123.6b | €3.5b | 20.5x | 30.7x | 0.9x |
| Tue, 05 Oct 2021 | €104.1b | €123.6b | €3.7b | 23.8x | 28.4x | 0.8x |
| Thu, 02 Sep 2021 | €128.3b | €123.6b | €3.6b | 26.2x | 35.2x | 1x |
| Sat, 31 Jul 2021 | €120.2b | €123.6b | €3.6b | 24.9x | 33x | 1x |
Price to Earnings Ratio
23.6x
Current Industry PE
- Investors are optimistic on the French Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.4x which is higher than its 3-year average PE of 12.3x.
- The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 3.8% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the French Telecom sector?
| FR Market | -0.42% | |
| Telecom | 0.47% | |
| Telecom Services and Carriers | 2.22% | |
| Interactive Media and Services | 0.018% | |
| Media | 0.0055% | |
| Wireless Telecom | 0% | |
| Entertainment | -0.52% | |
Industry PE
- Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 34.3%, which is lower than the prior year's growth of 508.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 34% over the next 5 years.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 10% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ORA Orange | €10.81 | 2.2% +€624.5m | -4.5% | PE12.7x | |
| ETL Eutelsat Group | €4.37 | 14.4% +€261.1m | -31.2% | PE28.9x | |
| VIV Vivendi | €10.15 | 1.9% +€195.7m | 6.9% | PE23.8x | |
| IPS Ipsos | €66.95 | 3.4% +€95.0m | 40.7% | PE18.1x | |
| TFI TF1 | €8.91 | 2.8% +€50.6m | 26.9% | PE9.7x |
