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

PT · Euronext Lisbon · XLIS · stock · Communication Services · website

NOS, S.G.P.S., S.A. statistics & valuation

Market cap€2.5B
P / E10.1×
P / S1.4×
P / B2.2×
Net margin13.5%
Net debt€1.7B
Enterprise value USD$4.8B
Earnings yield EBIT/EV10.1%
Return on capital15.7%
Graham number +0.1%€4.85

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€4.85); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.80% 11.30% 16.10% 13.50% 2022202320242025
Gross margin (%)
69.80% 71.30% 71.40% 70.90% 2022202320242025
Operating margin (%)
17.50% 20.70% 22.20% 23.00% 2022202320242025
Return on equity (%)
21.50% 18.30% 25.20% 22.00% 2022202320242025
Shares outstanding
512.5M 512.5M 512.5M 512.5M 2022202320242025
Net debt (€)
€1.62B €1.72B €1.54B €1.66B 2022202320242025
Share buybacks (€)
€7.1M €5.2M €4.3M €2.5M 2022202320242025
Return on assets (%)
6.50% 5.20% 8.10% 6.90% 2022202320242025
Free cash flow margin (%)
2022202320242025
Debt / equity (×)
1.57× 1.75× 1.43× 1.50× 2022202320242025
EPS (€)
€0.44 €0.35 €0.54 €0.48 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

NOS, S.G.P.S., S.A. trades at about 10.1× earnings — above its 10-year norm (10-year range 6.3×–9.4×, median 9.1×).

6.3× 10.1×

Shaded band = 10-year range (6.3×–9.4×); dot = today's 10.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin70.9%71.4%71.3%69.8%
Operating margin23.0%22.2%20.7%17.5%
Net margin13.5%16.1%11.3%14.8%
Return on assets6.9%8.1%5.2%6.5%
Return on equity22.0%25.2%18.3%21.5%
Debt / equity0.72×0.70×0.96×0.63×
Current ratio0.640.670.720.52

Computed from company filings · PT · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.