EUTELSAT COMMUNICATIONS (E3B.DE) Fundamental Analysis & Valuation

FRA:E3B • FR0010221234

1.914 EUR
-0.05 (-2.35%)
Last: Mar 9, 2026, 02:40 PM

This E3B.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Taking everything into account, E3B scores 3 out of 10 in our fundamental rating. E3B was compared to 70 industry peers in the Media industry. While E3B seems to be doing ok healthwise, there are quite some concerns on its profitability. E3B does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. E3B.DE Profitability Analysis

1.1 Basic Checks

  • In the past year E3B has reported negative net income.
  • In the past year E3B had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: E3B reported negative net income in multiple years.
  • E3B had a positive operating cash flow in each of the past 5 years.
E3B.DE Yearly Net Income VS EBIT VS OCF VS FCFE3B.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M -1B

1.2 Ratios

  • E3B has a worse Return On Assets (-5.71%) than 71.43% of its industry peers.
  • Looking at the Return On Equity, with a value of -11.67%, E3B is doing worse than 70.00% of the companies in the same industry.
Industry RankSector Rank
ROA -5.71%
ROE -11.67%
ROIC N/A
ROA(3y)-4.95%
ROA(5y)-1.77%
ROE(3y)-13.06%
ROE(5y)-4.53%
ROIC(3y)N/A
ROIC(5y)N/A
E3B.DE Yearly ROA, ROE, ROICE3B.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20 -30 -40

1.3 Margins

  • The Gross Margin of E3B (91.66%) is better than 87.14% of its industry peers.
  • E3B's Gross Margin has been stable in the last couple of years.
  • The Profit Margin and Operating Margin are not available for E3B so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 91.66%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.65%
GM growth 5Y-1.06%
E3B.DE Yearly Profit, Operating, Gross MarginsE3B.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

4

2. E3B.DE Health Analysis

2.1 Basic Checks

  • E3B does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for E3B remains at a similar level compared to 1 year ago.
  • E3B has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for E3B is higher compared to a year ago.
E3B.DE Yearly Shares OutstandingE3B.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
E3B.DE Yearly Total Debt VS Total AssetsE3B.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • E3B has an Altman-Z score of 0.51. This is a bad value and indicates that E3B is not financially healthy and even has some risk of bankruptcy.
  • E3B has a Altman-Z score of 0.51. This is in the lower half of the industry: E3B underperforms 70.00% of its industry peers.
  • E3B has a debt to FCF ratio of 154.27. This is a negative value and a sign of low solvency as E3B would need 154.27 years to pay back of all of its debts.
  • E3B has a worse Debt to FCF ratio (154.27) than 60.00% of its industry peers.
  • A Debt/Equity ratio of 0.70 indicates that E3B is somewhat dependend on debt financing.
  • E3B has a Debt to Equity ratio (0.70) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 154.27
Altman-Z 0.51
ROIC/WACCN/A
WACC5.62%
E3B.DE Yearly LT Debt VS Equity VS FCFE3B.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

2.3 Liquidity

  • E3B has a Current Ratio of 3.13. This indicates that E3B is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 3.13, E3B belongs to the top of the industry, outperforming 95.71% of the companies in the same industry.
  • E3B has a Quick Ratio of 2.99. This indicates that E3B is financially healthy and has no problem in meeting its short term obligations.
  • The Quick ratio of E3B (2.99) is better than 95.71% of its industry peers.
Industry RankSector Rank
Current Ratio 3.13
Quick Ratio 2.99
E3B.DE Yearly Current Assets VS Current LiabilitesE3B.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

3

3. E3B.DE Growth Analysis

3.1 Past

  • E3B shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 59.40%, which is quite impressive.
  • E3B shows a decrease in Revenue. In the last year, the revenue decreased by -1.40%.
  • Measured over the past years, E3B shows a decrease in Revenue. The Revenue has been decreasing by -0.55% on average per year.
EPS 1Y (TTM)59.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%70.94%
Revenue 1Y (TTM)-1.4%
Revenue growth 3Y2.6%
Revenue growth 5Y-0.55%
Sales Q2Q%-2.41%

3.2 Future

  • The Earnings Per Share is expected to grow by 14.87% on average over the next years. This is quite good.
  • Based on estimates for the next years, E3B will show a small growth in Revenue. The Revenue will grow by 5.22% on average per year.
EPS Next Y65.75%
EPS Next 2Y31.63%
EPS Next 3Y19.41%
EPS Next 5Y14.87%
Revenue Next Year-0.73%
Revenue Next 2Y2.41%
Revenue Next 3Y3.5%
Revenue Next 5Y5.22%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
E3B.DE Yearly Revenue VS EstimatesE3B.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B
E3B.DE Yearly EPS VS EstimatesE3B.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2031 2032 2033 0 0.5 -0.5 1

1

4. E3B.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • E3B reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year E3B is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
E3B.DE Price Earnings VS Forward Price EarningsE3B.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80

4.2 Price Multiples

  • E3B's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of E3B indicates a slightly more expensive valuation: E3B is more expensive than 61.43% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 121.25
EV/EBITDA 5.94
E3B.DE Per share dataE3B.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

  • A more expensive valuation may be justified as E3B's earnings are expected to grow with 19.41% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.63%
EPS Next 3Y19.41%

0

5. E3B.DE Dividend Analysis

5.1 Amount

  • E3B does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

E3B.DE Fundamentals: All Metrics, Ratios and Statistics

EUTELSAT COMMUNICATIONS

FRA:E3B (3/9/2026, 2:40:56 PM)

1.914

-0.05 (-2.35%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-13
Earnings (Next)08-03
Inst Owners7.91%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap2.26B
Revenue(TTM)1.23B
Net Income(TTM)-445.20M
Analysts52
Price Target2.73 (42.63%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0
Dividend Growth(5Y)-72%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.35%
PT rev (3m)-13.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)9.57%
EPS NY rev (3m)9.58%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.13%
Revenue NY rev (3m)-1.13%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.83
P/FCF 121.25
P/OCF 4.31
P/B 0.59
P/tB 0.83
EV/EBITDA 5.94
EPS(TTM)-0.68
EYN/A
EPS(NY)-0.22
Fwd EYN/A
FCF(TTM)0.02
FCFY0.82%
OCF(TTM)0.44
OCFY23.2%
SpS1.04
BVpS3.24
TBVpS2.31
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -5.71%
ROE -11.67%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 91.66%
FCFM 1.51%
ROA(3y)-4.95%
ROA(5y)-1.77%
ROE(3y)-13.06%
ROE(5y)-4.53%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.65%
GM growth 5Y-1.06%
F-Score6
Asset Turnover0.16
Health
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 154.27
Debt/EBITDA 3.22
Cap/Depr 57.15%
Cap/Sales 41.05%
Interest Coverage N/A
Cash Conversion 63.02%
Profit Quality N/A
Current Ratio 3.13
Quick Ratio 2.99
Altman-Z 0.51
F-Score6
WACC5.62%
ROIC/WACCN/A
Cap/Depr(3y)40.45%
Cap/Depr(5y)38.76%
Cap/Sales(3y)29.07%
Cap/Sales(5y)23.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)59.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%70.94%
EPS Next Y65.75%
EPS Next 2Y31.63%
EPS Next 3Y19.41%
EPS Next 5Y14.87%
Revenue 1Y (TTM)-1.4%
Revenue growth 3Y2.6%
Revenue growth 5Y-0.55%
Sales Q2Q%-2.41%
Revenue Next Year-0.73%
Revenue Next 2Y2.41%
Revenue Next 3Y3.5%
Revenue Next 5Y5.22%
EBIT growth 1Y79.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year233.71%
EBIT Next 3Y52.95%
EBIT Next 5Y31.6%
FCF growth 1Y-94.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-21.48%
OCF growth 3Y-21.66%
OCF growth 5Y-13.14%

EUTELSAT COMMUNICATIONS / E3B.DE FAQ

What is the fundamental rating for E3B stock?

ChartMill assigns a fundamental rating of 3 / 10 to E3B.DE.


Can you provide the valuation status for EUTELSAT COMMUNICATIONS?

ChartMill assigns a valuation rating of 1 / 10 to EUTELSAT COMMUNICATIONS (E3B.DE). This can be considered as Overvalued.


Can you provide the profitability details for EUTELSAT COMMUNICATIONS?

EUTELSAT COMMUNICATIONS (E3B.DE) has a profitability rating of 2 / 10.


What is the financial health of EUTELSAT COMMUNICATIONS (E3B.DE) stock?

The financial health rating of EUTELSAT COMMUNICATIONS (E3B.DE) is 4 / 10.