EUTELSAT COMMUNICATIONS (ETL.PA) Stock Fundamental Analysis

Europe • Euronext Paris • EPA:ETL • FR0010221234

2.21 EUR
-0.02 (-0.9%)
Last: Feb 11, 2026, 05:28 PM
Fundamental Rating

2

Overall ETL gets a fundamental rating of 2 out of 10. We evaluated ETL against 67 industry peers in the Media industry. ETL may be in some trouble as it scores bad on both profitability and health. ETL has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • ETL had negative earnings in the past year.
  • In the past year ETL had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: ETL reported negative net income in multiple years.
  • ETL had a positive operating cash flow in each of the past 5 years.
ETL.PA Yearly Net Income VS EBIT VS OCF VS FCFETL.PA 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

  • The Return On Assets of ETL (-15.45%) is worse than 78.79% of its industry peers.
  • The Return On Equity of ETL (-41.70%) is worse than 74.24% of its industry peers.
Industry RankSector Rank
ROA -15.45%
ROE -41.7%
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
ETL.PA Yearly ROA, ROE, ROICETL.PA 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

  • Looking at the Gross Margin, with a value of 90.58%, ETL belongs to the top of the industry, outperforming 84.85% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ETL has remained more or less at the same level.
  • ETL does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 90.58%
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%
ETL.PA Yearly Profit, Operating, Gross MarginsETL.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

2

2. Health

2.1 Basic Checks

  • ETL does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for ETL remains at a similar level compared to 1 year ago.
  • The number of shares outstanding for ETL has been increased compared to 5 years ago.
  • ETL has a worse debt/assets ratio than last year.
ETL.PA Yearly Shares OutstandingETL.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
ETL.PA Yearly Total Debt VS Total AssetsETL.PA 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

  • ETL has an Altman-Z score of 0.35. This is a bad value and indicates that ETL is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of ETL (0.35) is worse than 77.27% of its industry peers.
  • ETL has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 1.02, ETL perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF N/A
Altman-Z 0.35
ROIC/WACCN/A
WACC5.86%
ETL.PA Yearly LT Debt VS Equity VS FCFETL.PA 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

  • A Current Ratio of 1.38 indicates that ETL should not have too much problems paying its short term obligations.
  • With a decent Current ratio value of 1.38, ETL is doing good in the industry, outperforming 75.76% of the companies in the same industry.
  • ETL has a Quick Ratio of 1.28. This is a normal value and indicates that ETL is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of ETL (1.28) is better than 78.79% of its industry peers.
Industry RankSector Rank
Current Ratio 1.38
Quick Ratio 1.28
ETL.PA Yearly Current Assets VS Current LiabilitesETL.PA 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. Growth

3.1 Past

  • ETL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -207.51%.
  • Looking at the last year, ETL shows a small growth in Revenue. The Revenue has grown by 2.53% in the last year.
  • Measured over the past years, ETL shows a decrease in Revenue. The Revenue has been decreasing by -0.55% on average per year.
EPS 1Y (TTM)-207.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-6.81%
Revenue 1Y (TTM)2.53%
Revenue growth 3Y2.6%
Revenue growth 5Y-0.55%
Sales Q2Q%-0.45%

3.2 Future

  • The Earnings Per Share is expected to grow by 16.35% on average over the next years. This is quite good.
  • ETL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.09% yearly.
EPS Next Y62.12%
EPS Next 2Y30.84%
EPS Next 3Y19.34%
EPS Next 5Y16.35%
Revenue Next Year0.41%
Revenue Next 2Y2.57%
Revenue Next 3Y3.63%
Revenue Next 5Y5.09%

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ETL.PA Yearly Revenue VS EstimatesETL.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B
ETL.PA Yearly EPS VS EstimatesETL.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 0.5 -0.5 1

1

4. Valuation

4.1 Price/Earnings Ratio

  • ETL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year ETL 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
ETL.PA Price Earnings VS Forward Price EarningsETL.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80

4.2 Price Multiples

  • ETL's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ETL is cheaper than 87.88% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 3.66
ETL.PA Per share dataETL.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 -2

4.3 Compensation for Growth

  • ETL's earnings are expected to grow with 19.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.84%
EPS Next 3Y19.34%

0

5. Dividend

5.1 Amount

  • No dividends for ETL!.
Industry RankSector Rank
Dividend Yield 0%

EUTELSAT COMMUNICATIONS

EPA:ETL (2/11/2026, 5:28:44 PM)

2.21

-0.02 (-0.9%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)N/A
Earnings (Next)02-13
Inst Owners6.03%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap2.60B
Revenue(TTM)1.24B
Net Income(TTM)-1.08B
Analysts51.43
Price Target2.71 (22.62%)
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)-13.06%
PT rev (3m)-28.11%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)9.16%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.32%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 2.09
P/FCF N/A
P/OCF 6.76
P/B 1
P/tB 1.68
EV/EBITDA 3.66
EPS(TTM)-2.11
EYN/A
EPS(NY)-0.32
Fwd EYN/A
FCF(TTM)0
FCFYN/A
OCF(TTM)0.33
OCFY14.79%
SpS1.06
BVpS2.2
TBVpS1.31
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -15.45%
ROE -41.7%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 90.58%
FCFM 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
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-Score3
Asset Turnover0.18
Health
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF N/A
Debt/EBITDA 1.89
Cap/Depr 25.16%
Cap/Sales 31.25%
Interest Coverage N/A
Cash Conversion 27.4%
Profit Quality N/A
Current Ratio 1.38
Quick Ratio 1.28
Altman-Z 0.35
F-Score3
WACC5.86%
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)-207.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-6.81%
EPS Next Y62.12%
EPS Next 2Y30.84%
EPS Next 3Y19.34%
EPS Next 5Y16.35%
Revenue 1Y (TTM)2.53%
Revenue growth 3Y2.6%
Revenue growth 5Y-0.55%
Sales Q2Q%-0.45%
Revenue Next Year0.41%
Revenue Next 2Y2.57%
Revenue Next 3Y3.63%
Revenue Next 5Y5.09%
EBIT growth 1Y48.04%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year237.17%
EBIT Next 3Y53.26%
EBIT Next 5Y31.16%
FCF growth 1Y-108.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-23.82%
OCF growth 3Y-21.66%
OCF growth 5Y-13.14%

EUTELSAT COMMUNICATIONS / ETL.PA FAQ

What is the ChartMill fundamental rating of EUTELSAT COMMUNICATIONS (ETL.PA) stock?

ChartMill assigns a fundamental rating of 2 / 10 to ETL.PA.


What is the valuation status for ETL stock?

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


Can you provide the profitability details for EUTELSAT COMMUNICATIONS?

EUTELSAT COMMUNICATIONS (ETL.PA) has a profitability rating of 2 / 10.


Can you provide the expected EPS growth for ETL stock?

The Earnings per Share (EPS) of EUTELSAT COMMUNICATIONS (ETL.PA) is expected to grow by 62.12% in the next year.


Is the dividend of EUTELSAT COMMUNICATIONS sustainable?

The dividend rating of EUTELSAT COMMUNICATIONS (ETL.PA) is 0 / 10 and the dividend payout ratio is 0%.