Orange SA
Orange S.A. operates as a telecommunications operator in France and internationally. It offers mobile services, such as voice, SMS, and data; and fixed broadband and narrowband services, as well as B2B fixed solutions and network services, including voice and data services. The company also sells handsets, broadband equipment, connected devices, and accessories. In addition, it provides IT and in… Read more
Orange SA (FTE) - Net Assets
Latest net assets as of June 2025: €32.62 Billion EUR
Based on the latest financial reports, Orange SA (FTE) has net assets worth €32.62 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€101.62 Billion) and total liabilities (€69.00 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €32.62 Billion |
| % of Total Assets | 32.1% |
| Annual Growth Rate | 3.38% |
| 5-Year Change | -5.07% |
| 10-Year Change | 5.69% |
| Growth Volatility | 27.47 |
Orange SA - Net Assets Trend (1997–2024)
This chart illustrates how Orange SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Orange SA (1997–2024)
The table below shows the annual net assets of Orange SA from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €35.16 Billion | +0.18% |
| 2023-12-31 | €35.10 Billion | +0.41% |
| 2022-12-31 | €34.96 Billion | -1.15% |
| 2021-12-31 | €35.36 Billion | -4.53% |
| 2020-12-31 | €37.04 Billion | +7.62% |
| 2019-12-31 | €34.41 Billion | +3.51% |
| 2018-12-31 | €33.25 Billion | +0.93% |
| 2017-12-31 | €32.94 Billion | -0.70% |
| 2016-12-31 | €33.17 Billion | -0.28% |
| 2015-12-31 | €33.27 Billion | +4.94% |
| 2014-12-31 | €31.70 Billion | +20.38% |
| 2013-12-31 | €26.33 Billion | -0.19% |
| 2012-12-31 | €26.38 Billion | -10.84% |
| 2011-12-31 | €29.59 Billion | -6.20% |
| 2010-12-31 | €31.55 Billion | +9.74% |
| 2009-12-31 | €28.75 Billion | -8.07% |
| 2008-12-31 | €31.27 Billion | -9.04% |
| 2007-12-31 | €34.38 Billion | +8.66% |
| 2006-12-31 | €31.64 Billion | +11.34% |
| 2005-12-31 | €28.42 Billion | +44.12% |
| 2004-12-31 | €19.72 Billion | +9.79% |
| 2003-12-31 | €17.96 Billion | +10570.29% |
| 2002-12-31 | €-171.53 Million | -100.59% |
| 2001-12-31 | €29.24 Billion | -17.15% |
| 2000-12-31 | €35.29 Billion | +73.96% |
| 1999-12-31 | €20.29 Billion | +14.04% |
| 1998-12-31 | €17.79 Billion | +24.11% |
| 1997-12-31 | €14.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Orange SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 123.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €10.64 Billion | 33.49% |
| Other Comprehensive Income | €-676.00 Million | -2.13% |
| Other Components | €22.48 Billion | 70.77% |
| Total Equity | €31.77 Billion | 100.00% |
Orange SA Competitors by Market Cap
The table below lists competitors of Orange SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alcon Inc.
XETRA:2U3
|
$33.73 Billion |
|
ResMed Inc
NYSE:RMD
|
$33.81 Billion |
|
Orix Corp Ads
NYSE:IX
|
$33.82 Billion |
|
Medline Inc. Class A Common Stock
NASDAQ:MDLN
|
$33.89 Billion |
|
Chunghwa Telecom Co Ltd
NYSE:CHT
|
$33.61 Billion |
|
Keurig Dr Pepper Inc
NASDAQ:KDP
|
$33.59 Billion |
|
Archer-Daniels-Midland Company
NYSE:ADM
|
$33.40 Billion |
|
Engie SA
PINK:ENGQF
|
$33.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orange SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,825,000,000 to 31,773,000,000, a change of -52,000,000 (-0.2%).
- Net income of 2,350,000,000 contributed positively to equity growth.
- Dividend payments of 1,915,000,000 reduced retained earnings.
- Share repurchases of 8,000,000 reduced equity.
- Other comprehensive income decreased equity by 52,000,000.
- Other factors decreased equity by 427,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.35 Billion | +7.4% |
| Dividends Paid | €1.92 Billion | -6.03% |
| Share Repurchases | €8.00 Million | -0.03% |
| Other Comprehensive Income | €-52.00 Million | -0.16% |
| Other Changes | €-427.00 Million | -1.34% |
| Total Change | €- | -0.16% |
Book Value vs Market Value Analysis
This analysis compares Orange SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.25x to 1.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | €14.16 | €17.75 | x |
| 1998-12-31 | €16.95 | €17.75 | x |
| 1999-12-31 | €18.51 | €17.75 | x |
| 2000-12-31 | €28.82 | €17.75 | x |
| 2001-12-31 | €17.95 | €17.75 | x |
| 2002-12-31 | €-9.17 | €17.75 | x |
| 2003-12-31 | €6.01 | €17.75 | x |
| 2004-12-31 | €6.36 | €17.75 | x |
| 2005-12-31 | €9.54 | €17.75 | x |
| 2006-12-31 | €10.15 | €17.75 | x |
| 2007-12-31 | €10.82 | €17.75 | x |
| 2008-12-31 | €10.41 | €17.75 | x |
| 2009-12-31 | €9.82 | €17.75 | x |
| 2010-12-31 | €10.85 | €17.75 | x |
| 2011-12-31 | €10.17 | €17.75 | x |
| 2012-12-31 | €9.19 | €17.75 | x |
| 2013-12-31 | €9.23 | €17.75 | x |
| 2014-12-31 | €11.23 | €17.75 | x |
| 2015-12-31 | €11.44 | €17.75 | x |
| 2016-12-31 | €11.56 | €17.75 | x |
| 2017-12-31 | €11.24 | €17.75 | x |
| 2018-12-31 | €11.56 | €17.75 | x |
| 2019-12-31 | €11.80 | €17.75 | x |
| 2020-12-31 | €12.82 | €17.75 | x |
| 2021-12-31 | €12.17 | €17.75 | x |
| 2022-12-31 | €11.83 | €17.75 | x |
| 2023-12-31 | €11.96 | €17.75 | x |
| 2024-12-31 | €11.95 | €17.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orange SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.84%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 3.27x
- Recent ROE (7.40%) is below the historical average (9.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 15.86% | 9.48% | 0.56x | 2.99x | €829.18 Million |
| 1998 | 13.53% | 9.33% | 0.53x | 2.72x | €601.21 Million |
| 1999 | 14.65% | 10.17% | 0.50x | 2.86x | €878.91 Million |
| 2000 | 11.04% | 10.87% | 0.26x | 3.91x | €345.30 Million |
| 2001 | -39.27% | -19.24% | 0.34x | 6.04x | €-10.41 Billion |
| 2002 | 0.00% | -44.47% | 0.44x | 0.00x | €-19.73 Billion |
| 2003 | 26.66% | 6.95% | 0.46x | 8.30x | €2.00 Billion |
| 2004 | 17.75% | 5.90% | 0.49x | 6.14x | €1.21 Billion |
| 2005 | 22.97% | 11.64% | 0.45x | 4.40x | €3.22 Billion |
| 2006 | 15.45% | 8.01% | 0.50x | 3.85x | €1.46 Billion |
| 2007 | 21.10% | 11.90% | 0.52x | 3.39x | €3.32 Billion |
| 2008 | 14.74% | 7.61% | 0.56x | 3.45x | €1.31 Billion |
| 2009 | 11.52% | 6.52% | 0.50x | 3.54x | €394.90 Million |
| 2010 | 16.77% | 10.72% | 0.48x | 3.24x | €1.97 Billion |
| 2011 | 14.13% | 8.48% | 0.48x | 3.48x | €1.14 Billion |
| 2012 | 3.37% | 1.88% | 0.48x | 3.70x | €-1.61 Billion |
| 2013 | 7.69% | 4.57% | 0.48x | 3.53x | €-561.90 Million |
| 2014 | 3.13% | 2.35% | 0.45x | 2.99x | €-2.03 Billion |
| 2015 | 8.58% | 6.59% | 0.44x | 2.96x | €-438.70 Million |
| 2016 | 9.56% | 7.17% | 0.43x | 3.08x | €-133.80 Million |
| 2017 | 6.25% | 4.64% | 0.43x | 3.11x | €-1.14 Billion |
| 2018 | 6.37% | 4.72% | 0.43x | 3.15x | €-1.11 Billion |
| 2019 | 9.47% | 7.12% | 0.40x | 3.35x | €-166.70 Million |
| 2020 | 14.02% | 11.41% | 0.39x | 3.13x | €1.38 Billion |
| 2021 | 2.40% | 1.82% | 0.39x | 3.34x | €-2.46 Billion |
| 2022 | 6.75% | 4.94% | 0.40x | 3.45x | €-1.03 Billion |
| 2023 | 7.67% | 5.53% | 0.40x | 3.46x | €-742.50 Million |
| 2024 | 7.40% | 5.84% | 0.39x | 3.27x | €-827.30 Million |
Industry Comparison
This section compares Orange SA's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $6,629,200,192
- Average return on equity (ROE) among peers: -29.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orange SA (FTE) | €32.62 Billion | 15.86% | 2.12x | $33.65 Billion |
| Tower One Wireless Corp (1P3N) | $2.41 Million | -396.85% | 1.20x | $1.64 Million |
| 1&1 AG (1U1) | $233.67 Million | 0.00% | 0.65x | $515.31 Million |
| Bahnhof AB (publ) (3B7) | $468.65 Million | 32.08% | 1.27x | $113.53 Million |
| Liberty Global Ltd. (3O41) | $25.60 Billion | 52.45% | 0.83x | $2.82 Billion |
| Hutchison Telecommunications Hong Kong Holdings Limited (4C6) | $11.96 Billion | 3.59% | 0.21x | $224.90 Million |
| 53N (53N) | $784.29 Million | 10.78% | 3.30x | $937.43 Million |
| BLUE LABEL (5TP) | $5.11 Billion | 12.66% | 1.96x | $374.98 Million |
| Pentanet Limited (83K) | $31.16 Million | -24.29% | 0.54x | $3.44 Million |
| APT Satellite Holdings Limited (AY8) | $5.30 Billion | 9.52% | 0.38x | $137.02 Million |
| TELUS (BCZ) | $16.80 Billion | 5.91% | 2.45x | $17.77 Billion |