NOS SGPS (NOS.LS) Stock Fundamental Analysis
ELI:NOS - Euronext Lisbon - PTZON0AM0006 - Common Stock - Currency: EUR
Taking everything into account, NOS scores 5 out of 10 in our fundamental rating. NOS was compared to 30 industry peers in the Diversified Telecommunication Services industry. While NOS belongs to the best of the industry regarding profitability, there are concerns on its financial health. NOS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
NOS had positive earnings in the past year.
In the past year NOS had a positive cash flow from operations.
In the past 5 years NOS has always been profitable.
NOS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 7.41%, NOS belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
NOS has a better Return On Equity (23.17%) than 86.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.87%, NOS is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NOS is in line with the industry average of 8.18%.
The 3 year average ROIC (7.84%) for NOS is below the current ROIC(8.87%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.41% | ||
| ROE | 23.17% | ||
| ROIC | 8.87% |
ROA(3y)6.6%
ROA(5y)5.43%
ROE(3y)21.67%
ROE(5y)17.95%
ROIC(3y)7.84%
ROIC(5y)7.63%
1.3 Margins
With an excellent Profit Margin value of 15.37%, NOS belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
NOS's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 16.05%, NOS is in line with its industry, outperforming 60.00% of the companies in the same industry.
NOS's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 71.15%, NOS is doing good in the industry, outperforming 70.00% of the companies in the same industry.
NOS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.05% | ||
| PM (TTM) | 15.37% | ||
| GM | 71.15% |
OM growth 3Y3.9%
OM growth 5Y1.36%
PM growth 3Y16.78%
PM growth 5Y10.28%
GM growth 3Y2.11%
GM growth 5Y0.6%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NOS is creating some value.
The number of shares outstanding for NOS remains at a similar level compared to 1 year ago.
The number of shares outstanding for NOS has been reduced compared to 5 years ago.
Compared to 1 year ago, NOS has an improved debt to assets ratio.
2.2 Solvency
NOS has an Altman-Z score of 1.23. This is a bad value and indicates that NOS is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.23, NOS perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
The Debt to FCF ratio of NOS is 3.62, which is a good value as it means it would take NOS, 3.62 years of fcf income to pay off all of its debts.
NOS's Debt to FCF ratio of 3.62 is fine compared to the rest of the industry. NOS outperforms 80.00% of its industry peers.
NOS has a Debt/Equity ratio of 1.25. This is a high value indicating a heavy dependency on external financing.
NOS has a Debt to Equity ratio of 1.25. This is in the lower half of the industry: NOS underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 3.62 | ||
| Altman-Z | 1.23 |
ROIC/WACC1.44
WACC6.16%
2.3 Liquidity
A Current Ratio of 0.69 indicates that NOS may have some problems paying its short term obligations.
NOS's Current ratio of 0.69 is on the low side compared to the rest of the industry. NOS is outperformed by 60.00% of its industry peers.
NOS has a Quick Ratio of 0.69. This is a bad value and indicates that NOS is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.64, NOS is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 51.43% over the past year.
Measured over the past years, NOS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.44% on average per year.
Looking at the last year, NOS shows a small growth in Revenue. The Revenue has grown by 7.48% in the last year.
The Revenue has been growing slightly by 3.07% on average over the past years.
EPS 1Y (TTM)51.43%
EPS 3Y23.41%
EPS 5Y14.44%
EPS Q2Q%-31.25%
Revenue 1Y (TTM)7.48%
Revenue growth 3Y5.85%
Revenue growth 5Y3.07%
Sales Q2Q%11.16%
3.2 Future
NOS is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -14.69% yearly.
Based on estimates for the next years, NOS will show a small growth in Revenue. The Revenue will grow by 1.88% on average per year.
EPS Next Y-41.95%
EPS Next 2Y-24.14%
EPS Next 3Y-14.79%
EPS Next 5Y-14.69%
Revenue Next Year7.03%
Revenue Next 2Y4.36%
Revenue Next 3Y3.09%
Revenue Next 5Y1.88%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NOS is valuated cheaply with a Price/Earnings ratio of 6.97.
Based on the Price/Earnings ratio, NOS is valued cheaply inside the industry as 96.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.24, NOS is valued rather cheaply.
A Price/Forward Earnings ratio of 12.11 indicates a correct valuation of NOS.
70.00% of the companies in the same industry are more expensive than NOS, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NOS to the average of the S&P500 Index (36.42), we can say NOS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.97 | ||
| Fwd PE | 12.11 |
4.2 Price Multiples
NOS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NOS is cheaper than 96.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.25 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The excellent profitability rating of NOS may justify a higher PE ratio.
A cheap valuation may be justified as NOS's earnings are expected to decrease with -14.79% in the coming years.
PEG (NY)N/A
PEG (5Y)0.48
EPS Next 2Y-24.14%
EPS Next 3Y-14.79%
5. Dividend
5.1 Amount
NOS has a Yearly Dividend Yield of 9.67%, which is a nice return.
NOS's Dividend Yield is rather good when compared to the industry average which is at 4.41. NOS pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, NOS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.67% |
5.2 History
The dividend of NOS decreases each year by -0.01%.
Dividend Growth(5Y)-0.01%
Div Incr Years1
Div Non Decr Years5
5.3 Sustainability
67.94% of the earnings are spent on dividend by NOS. This is not a sustainable payout ratio.
NOS's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP67.94%
EPS Next 2Y-24.14%
EPS Next 3Y-14.79%
ELI:NOS (8/5/2025, 11:27:13 AM)
3.693
0 (-0.05%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners16.41%
Inst Owner ChangeN/A
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap1.90B
Analysts56.84
Price Target4.19 (13.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.67% |
Yearly Dividend0.35
Dividend Growth(5Y)-0.01%
DP67.94%
Div Incr Years1
Div Non Decr Years5
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)2
Avg Revenue beat(2)1.12%
Min Revenue beat(2)0.53%
Max Revenue beat(2)1.7%
Revenue beat(4)3
Avg Revenue beat(4)0.81%
Min Revenue beat(4)-0.08%
Max Revenue beat(4)1.7%
Revenue beat(8)6
Avg Revenue beat(8)0.35%
Revenue beat(12)8
Avg Revenue beat(12)0.11%
Revenue beat(16)11
Avg Revenue beat(16)0.69%
PT rev (1m)0%
PT rev (3m)3.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)9.55%
Revenue NQ rev (3m)8.01%
Revenue NY rev (1m)3.37%
Revenue NY rev (3m)4.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.97 | ||
| Fwd PE | 12.11 | ||
| P/S | 1.11 | ||
| P/FCF | 4.25 | ||
| P/OCF | 2.11 | ||
| P/B | 1.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.53
EY14.35%
EPS(NY)0.31
Fwd EY8.26%
FCF(TTM)0.87
FCFY23.55%
OCF(TTM)1.75
OCFY47.32%
SpS3.33
BVpS2.21
TBVpS-0.26
PEG (NY)N/A
PEG (5Y)0.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.41% | ||
| ROE | 23.17% | ||
| ROCE | 10.08% | ||
| ROIC | 8.87% | ||
| ROICexc | 8.91% | ||
| ROICexgc | 16.6% | ||
| OM | 16.05% | ||
| PM (TTM) | 15.37% | ||
| GM | 71.15% | ||
| FCFM | 26.13% |
ROA(3y)6.6%
ROA(5y)5.43%
ROE(3y)21.67%
ROE(5y)17.95%
ROIC(3y)7.84%
ROIC(5y)7.63%
ROICexc(3y)7.88%
ROICexc(5y)7.76%
ROICexgc(3y)14.7%
ROICexgc(5y)14.69%
ROCE(3y)8.86%
ROCE(5y)8.63%
ROICexcg growth 3Y2.8%
ROICexcg growth 5Y3.18%
ROICexc growth 3Y7.04%
ROICexc growth 5Y2.64%
OM growth 3Y3.9%
OM growth 5Y1.36%
PM growth 3Y16.78%
PM growth 5Y10.28%
GM growth 3Y2.11%
GM growth 5Y0.6%
F-Score7
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 3.62 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 26.38% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 170.08% | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 1.23 |
F-Score7
WACC6.16%
ROIC/WACC1.44
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)28.72%
Cap/Sales(5y)33.66%
Profit Quality(3y)131.24%
Profit Quality(5y)127.18%
High Growth Momentum
Growth
EPS 1Y (TTM)51.43%
EPS 3Y23.41%
EPS 5Y14.44%
EPS Q2Q%-31.25%
EPS Next Y-41.95%
EPS Next 2Y-24.14%
EPS Next 3Y-14.79%
EPS Next 5Y-14.69%
Revenue 1Y (TTM)7.48%
Revenue growth 3Y5.85%
Revenue growth 5Y3.07%
Sales Q2Q%11.16%
Revenue Next Year7.03%
Revenue Next 2Y4.36%
Revenue Next 3Y3.09%
Revenue Next 5Y1.88%
EBIT growth 1Y9.7%
EBIT growth 3Y9.97%
EBIT growth 5Y4.47%
EBIT Next Year148.63%
EBIT Next 3Y35.27%
EBIT Next 5Y25.88%
FCF growth 1Y117.18%
FCF growth 3Y149.07%
FCF growth 5Y14.29%
OCF growth 1Y35.93%
OCF growth 3Y8.56%
OCF growth 5Y6.27%