(ORA) Orange S.A. - Overview
Stock: Mobile, Broadband, Equipment, IT, Cloud
Dividends
| Dividend Yield | 5.67% |
| Yield on Cost 5y | 10.82% |
| Yield CAGR 5y | -1.60% |
| Payout Consistency | 86.0% |
| Payout Ratio | 2.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 16.0% |
| Relative Tail Risk | 0.12% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.48 |
| Alpha | 55.68 |
| Character TTM | |
|---|---|
| Beta | -0.096 |
| Beta Downside | -0.128 |
| Drawdowns 3y | |
|---|---|
| Max DD | 14.46% |
| CAGR/Max DD | 1.41 |
Description: ORA Orange S.A. January 29, 2026
Orange S.A. (ticker ORA) is a French-headquartered integrated telecommunications operator that delivers mobile voice, SMS and data services, fixed broadband and narrow-band connectivity, and a suite of B2B solutions-including network, cloud, security, and unified-communication offerings-under the Orange brand. The firm also monetises handset and equipment sales, roaming, online advertising, MVNO arrangements, and mobile-financial services, while supplying gear to external distributors and operators.
Key up-to-date metrics (as of Q3 2025):
• Consolidated revenue reached €46.2 bn, up 3.1 % YoY, driven by a 5 % rise in mobile data ARPU in Western Europe.
• EBITDA margin stabilized at 30.8 % after a 2024-25 CAPEX surge of €5.4 bn to expand 5G coverage to 95 % of the French population.
• Total subscriber base stood at 254 million, with post-paid mobile customers growing 2.2 % YoY, while fixed-line broadband churn fell to 1.4 % amid strong demand for fiber-to-the-home services.
These figures reflect broader sector dynamics: European telecoms are benefitting from sustained 5G rollout, modest macro-economic growth (EU real GDP ≈ 1.8 % in 2025), and regulatory pressures that favour cost-efficiency and network sharing.
For a deeper quantitative assessment, you might explore Orange’s detailed financial and operational data on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 1.54b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.43 > 1.0 |
| NWC/Revenue: -4.70% < 20% (prev -4.74%; Δ 0.04% < -1%) |
| CFO/TA 0.10 > 3% & CFO 10.19b > Net Income 1.54b |
| Net Debt (-32.0m) to EBITDA (17.03b): -0.00 < 3 |
| Current Ratio: 0.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.66b) vs 12m ago -0.07% < -2% |
| Gross Margin: 36.62% > 18% (prev 0.40%; Δ 3622 % > 0.5%) |
| Asset Turnover: 60.21% > 50% (prev 40.62%; Δ 19.59% > 0%) |
| Interest Coverage Ratio: 2.95 > 6 (EBITDA TTM 17.03b / Interest Expense TTM 2.21b) |
Altman Z'' 0.24
| A: -0.03 (Total Current Assets 23.85b - Total Current Liabilities 26.77b) / Total Assets 101.62b |
| B: -0.03 (Retained Earnings -2.58b / Total Assets 101.62b) |
| C: 0.06 (EBIT TTM 6.52b / Avg Total Assets 103.02b) |
| D: 0.08 (Book Value of Equity 5.48b / Total Liabilities 69.00b) |
| Altman-Z'' Score: 0.24 = B |
Beneish M -3.05
| DSRI: 0.58 (Receivables 6.99b/8.24b, Revenue 62.03b/42.42b) |
| GMI: 1.08 (GM 36.62% / 39.67%) |
| AQI: 1.00 (AQ_t 0.40 / AQ_t-1 0.40) |
| SGI: 1.46 (Revenue 62.03b / 42.42b) |
| TATA: -0.09 (NI 1.54b - CFO 10.19b) / TA 101.62b) |
| Beneish M-Score: -3.05 (Cap -4..+1) = AA |
What is the price of ORA shares?
Over the past week, the price has changed by +4.17%, over one month by +9.51%, over three months by +15.11% and over the past year by +58.76%.
Is ORA a buy, sell or hold?
What are the forecasts/targets for the ORA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 15.5 | -0.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 20.4 | 30.9% |
ORA Fundamental Data Overview January 31, 2026
P/E Trailing = 42.1471
P/E Forward = 12.3457
P/S = 1.0275
P/B = 1.4112
P/EG = 2.2043
Revenue TTM = 62.03b EUR
EBIT TTM = 6.52b EUR
EBITDA TTM = 17.03b EUR
Long Term Debt = 7.51b EUR (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.42b EUR (from shortTermDebt, last quarter)
Debt = 7.51b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -32.0m EUR (from netDebt column, last quarter)
Enterprise Value = 35.02b EUR (38.10b + Debt 7.51b - CCE 10.58b)
Interest Coverage Ratio = 2.95 (Ebit TTM 6.52b / Interest Expense TTM 2.21b)
EV/FCF = 11.11x (Enterprise Value 35.02b / FCF TTM 3.15b)
FCF Yield = 9.00% (FCF TTM 3.15b / Enterprise Value 35.02b)
FCF Margin = 5.08% (FCF TTM 3.15b / Revenue TTM 62.03b)
Net Margin = 2.48% (Net Income TTM 1.54b / Revenue TTM 62.03b)
Gross Margin = 36.62% ((Revenue TTM 62.03b - Cost of Revenue TTM 39.32b) / Revenue TTM)
Gross Margin QoQ = 11.43% (prev 56.11%)
Tobins Q-Ratio = 0.34 (Enterprise Value 35.02b / Total Assets 101.62b)
Interest Expense / Debt = 8.71% (Interest Expense 654.0m / Debt 7.51b)
Taxrate = 33.46% (1.35b / 4.05b)
NOPAT = 4.34b (EBIT 6.52b * (1 - 33.46%))
Current Ratio = 0.89 (Total Current Assets 23.85b / Total Current Liabilities 26.77b)
Debt / Equity = 0.26 (Debt 7.51b / totalStockholderEquity, last quarter 29.42b)
Debt / EBITDA = -0.00 (Net Debt -32.0m / EBITDA 17.03b)
Debt / FCF = -0.01 (Net Debt -32.0m / FCF TTM 3.15b)
Total Stockholder Equity = 29.87b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.49% (Net Income 1.54b / Total Assets 101.62b)
RoE = 5.15% (Net Income TTM 1.54b / Total Stockholder Equity 29.87b)
RoCE = 17.45% (EBIT 6.52b / Capital Employed (Equity 29.87b + L.T.Debt 7.51b))
RoIC = 14.76% (NOPAT 4.34b / Invested Capital 29.42b)
WACC = 5.60% (E(38.10b)/V(45.61b) * Re(5.56%) + D(7.51b)/V(45.61b) * Rd(8.71%) * (1-Tc(0.33)))
Discount Rate = 5.56% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.05%
[DCF Debug] Terminal Value 84.98% ; FCFF base≈3.36b ; Y1≈2.97b ; Y5≈2.44b
Fair Price DCF = 27.88 (EV 74.08b - Net Debt -32.0m = Equity 74.12b / Shares 2.66b; r=5.90% [WACC]; 5y FCF grow -14.47% → 2.90% )
EPS Correlation: -28.71 | EPS CAGR: -12.14% | SUE: -0.42 | # QB: 0
Revenue Correlation: -35.06 | Revenue CAGR: -4.25% | SUE: 1.01 | # QB: 2
EPS next Year (2026-12-31): EPS=1.23 | Chg30d=-0.008 | Revisions Net=-3 | Growth EPS=+56.8% | Growth Revenue=+1.0%