Stocktoria

Orange S.A. ORA.PA

FR · Euronext Paris · XPAR · stock · Communication Services · website

Orange S.A. statistics & valuation

Market cap€43.3B
P / E80.4×
P / S1.1×
P / B1.5×
P / FCF13.1×
Net margin1.3%
FCF margin8.2%
Net cash€4.6B
Enterprise value USD$44.6B
Earnings yield EBIT/EV10.8%
Return on capital5.1%
Graham number -63.5%€5.94

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 (€5.94); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
5.50% 6.10% 5.80% 1.30% 2022202320242025
Gross margin (%)
58.70% 57.80% 58.60% 59.40% 2022202320242025
Operating margin (%)
14.30% 13.00% 15.00% 10.30% 2022202320242025
Return on equity (%)
6.80% 7.70% 7.40% 1.80% 2022202320242025
Shares outstanding
2.66B 2.66B 2.66B 2.66B 2022202320242025
Net debt (€)
€2.41B €2.95B -€1.40B -€4.64B 2022202320242025
Share buybacks (€)
2022202320242025
Return on assets (%)
2.00% 2.20% 2.30% 0.50% 2022202320242025
Free cash flow margin (%)
6.30% 10.30% 7.90% 8.20% 2022202320242025
Debt / equity (×)
0.26× 0.27× 0.23× 0.25× 2022202320242025
EPS (€)
€0.73 €0.85 €0.82 €0.14 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

Orange S.A. trades at about 116.3× earnings — above its 10-year norm (10-year range 12.7×–111.6×, median 13.3×).

12.7× 116.3×

Shaded band = 10-year range (12.7×–111.6×); dot = today's 116.3×.

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 margin59.4%58.6%57.8%58.7%
Operating margin10.3%15.0%13.0%14.3%
Net margin1.3%5.8%6.1%5.5%
FCF margin8.2%7.9%10.3%6.3%
Return on assets0.5%2.3%2.2%2.0%
Return on equity1.8%7.4%7.7%6.8%
Debt / equity1.01×
Current ratio1.110.920.830.92

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