ETL.PA - Eutelsat Communications S.A.

Paris - Paris Delayed Price. Currency in EUR
8.23
+0.06 (+0.73%)
At close: 5:35PM CEST
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close8.17
Open8.14
Bid0.00 x 0
Ask0.00 x 0
Day's Range8.07 - 8.24
52 Week Range7.98 - 18.67
Volume1,146,820
Avg. Volume1,276,747
Market Cap1.894B
Beta (5Y Monthly)0.76
PE Ratio (TTM)5.79
EPS (TTM)1.42
Earnings DateJul 31, 2020
Forward Dividend & Yield1.27 (15.55%)
Ex-Dividend DateNov 21, 2019
1y Target Est21.46
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more
    • Indian Telecom Tycoon Bids for SoftBank-Backed OneWeb
      Bloomberg

      Indian Telecom Tycoon Bids for SoftBank-Backed OneWeb

      (Bloomberg) -- Indian telecommunications tycoon Sunil Mittal has submitted a bid for OneWeb, the bankrupt satellite firm whose investors include SoftBank Group Corp., people with knowledge of the matter said.An arm of Mittal’s Bharti Enterprises Ltd. conglomerate made an offer for London-based OneWeb with backing from the U.K. government, according to the people, who asked not to be identified because the information is private. The OneWeb sale has also attracted initial interest from Canada’s Telesat, the people said.The U.K. government plans to commit around $500 million to OneWeb alongside other investors as part of the company’s Chapter 11 bankruptcy proceedings, a person with knowledge of the matter said last week. OneWeb has said that bids were due Friday.Part of the U.K.’s interest in supporting OneWeb is to form the basis for a new national navigation system, after the European Union froze Britain out of the most secure elements of the bloc’s project, called Galileo. Prime Minister Boris Johnson is trying to attract fresh foreign investment from countries including India, China and the U.S. to help offset the U.K.’s departure from the EU.OneWeb makes so-called low-Earth orbit satellites that provide high-speed communications. It faces competition from Elon Musk’s SpaceX Starlink project and Jeff Bezos’s Amazon-linked Project Kuiper, as well as from incumbents such as Inmarsat, Intelsat SA and Eutelsat Communications SA.Pandemic BlowThe company has raised about $3.3 billion in debt and equity financing from shareholders including SoftBank, Airbus SE and Qualcomm Inc. since its inception, according to filings. In a March 27 bankruptcy announcement, OneWeb cited the financial effects and market turbulence related to Covid-19 pandemic for its failure to obtain financing it needed.Read more: U.K. Set to Bid About $500m for Stake in Satellite Firm OneWebMittal’s group controls Bharti Airtel Ltd., India’s second-biggest wireless operator. The carrier is the biggest shareholder of publicly-traded tower owner Bharti Infratel Ltd.Shares of Bharti Airtel gained as much as 1.7% in early trading Tuesday and were up 0.3% at 1:11 p.m. in Mumbai, giving the company a market value of about $41 billion. Bharti Infratel shares rose 1.8%.No final decisions have been made, and other suitors could still emerge for OneWeb, the people said. A representative for Bharti couldn’t immediately comment, while spokespeople for Telesat and OneWeb declined to comment.A representative for the U.K.’s Department for Business, Energy & Industrial Strategy declined to comment on any bid.“We have made clear our ambitions for space and are developing a new National Space Strategy to bring long-term strategic and commercial benefits to the U.K.,” the government spokesperson said in an emailed statement. “We are in regular discussions with the space industry as part of this work.”Bharti Enterprises participated in a 2015 funding round for OneWeb alongside other investors including Qualcomm Inc., Richard Branson’s Virgin Group and Airbus. OneWeb formed an alliance in 2018 with partners including Delta Air Lines Inc., Bharti Airtel and Sprint Corp. to allow wireless carriers to extend their service into airplane cabins.(Updates with Telesat interest in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • TV TEM Selects EUTELSAT 65 West A to Assure Continuity of Content Distribution Following C-Band Re-purposing in Brazil
      Business Wire

      TV TEM Selects EUTELSAT 65 West A to Assure Continuity of Content Distribution Following C-Band Re-purposing in Brazil

      TV TEM selects EUTELSAT 65 West A to assure continuity of content distribution following C-band re-purposing in Brazil.

    • Eutelsat’s HOTBIRD Position Selected by Travel Africa Network to Launch first HD African Travel Channel
      Business Wire

      Eutelsat’s HOTBIRD Position Selected by Travel Africa Network to Launch first HD African Travel Channel

      Eutelsat’s HOTBIRD position selected by Travel Africa Network to launch first HD African Travel Channel

    • Eutelsat Communications: Third Quarter and Nine Month 2019-20 Revenues
      Business Wire

      Eutelsat Communications: Third Quarter and Nine Month 2019-20 Revenues

      Third Quarter and Nine Month 2019-20 Revenues

    • Eutelsat Selected by Telenor Maritime for Maritime Mobility Services in Europe, Trans-atlantic Routes, the Caribbean, and South East Asia
      Business Wire

      Eutelsat Selected by Telenor Maritime for Maritime Mobility Services in Europe, Trans-atlantic Routes, the Caribbean, and South East Asia

      Eutelsat selected by Telenor Maritime for maritime mobility services in Europe, Trans-Atlantic routes, the Caribbean, and South East Asia.

    • Should Eutelsat Communications S.A.’s (EPA:ETL) Weak Investment Returns Worry You?
      Simply Wall St.

      Should Eutelsat Communications S.A.’s (EPA:ETL) Weak Investment Returns Worry You?

      Today we'll look at Eutelsat Communications S.A. (EPA:ETL) and reflect on its potential as an investment...

    • Eutelsat Selected by RCS Ghana For DTH Broadcast
      Business Wire

      Eutelsat Selected by RCS Ghana For DTH Broadcast

      Eutelsat selected by RCS Ghana for DTH broadcast

    • Trading Update: Impact of Covid-19 Crisis on Eutelsat’s Operations and Financial Objectives
      Business Wire

      Trading Update: Impact of Covid-19 Crisis on Eutelsat’s Operations and Financial Objectives

      Trading update: impact of Covid-19 crisis on Eutelsat’s operations and financial objectives

    • Does Eutelsat Communications S.A. (EPA:ETL) Have A Good P/E Ratio?
      Simply Wall St.

      Does Eutelsat Communications S.A. (EPA:ETL) Have A Good P/E Ratio?

      This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

    • SoftBank Drops 10% After OneWeb Files For Bankruptcy Protection
      Bloomberg

      SoftBank Drops 10% After OneWeb Files For Bankruptcy Protection

      (Bloomberg) -- SoftBank Group Corp. fell as much as 10% after a satellite operator it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares.OneWeb made the filing late Friday U.S. time after raising about $3.3 billion in debt and equity financing from shareholders including SoftBank, Airbus SE and Qualcomm Inc. since its inception. At least $1 billion of that came from SoftBank, which said it first invested in December 2016 and declined to give a total amount.It is the latest blow to SoftBank founder Masayoshi Son, who last week unveiled a plan to raise $41 billion to buy back shares and slash debt. The announcement sent the shares soaring more than 50% in just a few days. The rally was interrupted when Moody’s Corp. cut its debt rating by two notches, saying the Japanese investment firm’s plan to sell off assets during a market downturn threatened its total value. SoftBank’s shares traded 6.7% lower on Monday morning in Tokyo.Son had often pointed to OneWeb as one of the cornerstones of an investment portfolio that ranges from ride sharing, co-working and robotics to agriculture, cancer detection and autonomous driving. The startup was working on providing affordable high-speed access anywhere in the world and targeting 1 billion subscribers by 2025. Son has painted a picture of a future where satellite networks cover every inch of the Earth and a trillion devices connected to the internet disgorge data into the cloud where it is analyzed by artificial intelligence.OneWeb listed liabilities and assets of more than $1 billion each in its Chapter 11 petition in U.S. Bankruptcy Court in White Plains, New York. The company had been in advanced discussions earlier in the year for a fresh investment, it said in a statement. But the discussions fell apart after the coronavirus pandemic sent markets into a tailspin, it said.The company had been mulling a Chapter 11 filing even as it continued to review possible out-of-court alternatives, people with knowledge of the matter told Bloomberg News on March 19.The satellite operator said it will pursue a sale process during the court reorganization and is in talks for so-called debtor-in-possession financing that would allow the company to fund its obligations during the proceedings.OneWeb makes low-orbit satellites that provide high-speed communications. It faces high-profile competition, including from Elon Musk’s SpaceX Starlink project and Jeff Bezos’s Amazon-linked Project Kuiper effort, while incumbents in the space include Inmarsat, Intelsat SA and Eutelsat Communications SA.At the time of its filing, OneWeb owed $238 million to Arianespace, its satellite launch operator, according to the court document. Arianespace, headquartered near Paris, describes itself on its website as the world’s first commercial space transportation company.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • Eutelsat Communications: Konnect Africa to Connect Schools in the Democratic Republic of Congo With High Speed Internet
      Business Wire

      Eutelsat Communications: Konnect Africa to Connect Schools in the Democratic Republic of Congo With High Speed Internet

      Konnect Africa to connect schools in the Democratic Republic of Congo with high speed internet

    • Bloomberg

      SoftBank’s OneWeb to Consider Bankruptcy as Cash Dwindles

      (Bloomberg) -- OneWeb, the satellite operator backed by SoftBank Group Corp., is mulling a possible bankruptcy filing to address a cash crunch as it grapples with high costs and stiff competition, according to people with knowledge of the preparations.The company is considering seeking court protection even as it continues to review possible out-of-court alternatives, said the people, who asked not to be named discussing private company plans.OneWeb would be among the first SoftBank-backed companies to file for bankruptcy. A spokeswoman for SoftBank, which is OneWeb’s largest investor, declined to comment.A spokesperson for OneWeb declined to comment.London-based OneWeb makes so-called low-Earth orbit satellites that provide high-speed communications, and it has raised approximately $3.3 billion in debt and equity financing from shareholders including SoftBank, Airbus SE and Qualcomm Inc. since its inception, according to filings.It faces high-profile competition, including from Elon Musk’s SpaceX Starlink project and Jeff Bezos’s Amazon-linked Project Kuiper effort, while incumbents in the space include Inmarsat, Intelsat SA and Eutelsat Communications SA. And while the technology is in its early stages, the business is subject not only to high startup costs but an uncertain regulatory environment.On that front, SoftBank has ramped up lobbying efforts in Washington, Bloomberg has reported, including in support of measures that would allow OneWeb to provide Internet access from more of its satellites.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • Moody's

      Eutelsat Communications SA -- Moody's changes outlook on Eutelsat to negative from stable

      Moody's Investors Service, ("Moody's") has today changed to negative from stable the outlook on the ratings of global satellite services provider Eutelsat Communications SA and its main operating subsidiary, Eutelsat SA (together "Eutelsat"). Concurrently, Moody's has affirmed Eutelsat SA's Baa3 long-term issuer and senior unsecured ratings and Eutelsat Communications SA's Ba1 senior unsecured bank credit facility ratings.

    • Intelsat Still Burdened With Debt Even if FCC Boosts Payout
      Bloomberg

      Intelsat Still Burdened With Debt Even if FCC Boosts Payout

      (Bloomberg) -- Satellite provider Intelsat SA will still face a steep pile of debt even if it wins bigger payouts for giving up spectrum in a vote Friday by U.S. regulators that want the frequencies for fast 5G mobile networks.The Federal Communications Commission is scheduled to vote on Chairman Ajit Pai’s plan to pay satellite providers as much as $9.7 billion for leaving the airwaves, with 50% of that, or $4.85 billion, potentially going to Intelsat.Luxembourg-based Intelsat in a filing asked for 60% or more of the pot. Fellow satellite provider SES SA, which also would give up airwaves, in a filing said it should get as much as Intelsat, compared with 41% as proposed by the FCC.Intelsat’s finances “may remain stressed even with a large relocation payment” because core portions of its business are deteriorating, Stephen Flynn, a Bloomberg Intelligence analyst, said in a Feb. 27 note. Earnings may decline next year, as some customers flee and others renew contracts at lower rates, Flynn said.The satellite companies are seeking to give up part of the airwaves they use to beam TV and radio programs to stations, and to continue serving customers on frequencies they retain.Read More:The FCC on Feb. 7 released its plan that would pay the $9.7 billion to Intelsat, SES and other companies if they hit deadlines for leaving the airwaves, and another $3.3 billion to $5.2 billion in reimbursement for costs of making the switch.Under the FCC’s plan as announced Feb. 7, SES would get about $4 billion, and Paris-based Eutelsat Communications SA could receive $468 million.The frequencies in question are in the 3.7 gigahertz-to-4.2 gigahertz area of spectrum, known as the C-band. Intelsat and SES dominate that patch of airwaves, which are considered well-suited for 5G networks. Proponents say the frequencies are needed to help the U.S. beat China in the race to 5G, the next-generation of wireless technology that promises to transform everything from robotic surgery to autonomous vehicles.David Tepper’s Appaloosa hedge fund took an activist stake of 7.4% in Intelsat and has called for the company to reject the FCC’s plan.To contact the reporter on this story: Todd Shields in Washington at tshields3@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • With A Return On Equity Of 13%, Has Eutelsat Communications S.A.'s (EPA:ETL) Management Done Well?
      Simply Wall St.

      With A Return On Equity Of 13%, Has Eutelsat Communications S.A.'s (EPA:ETL) Management Done Well?

      Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

    • Bloomberg

      Intelsat Rift With SES Goes All ‘Hunger Games’ Before FCC Vote

      (Bloomberg) -- Intelsat SA and SES SA , which had been allies in plans to give up satellite airwaves, broke into a feud a week before the U.S. Federal Communications Commission is scheduled to vote on a plan to compensate the companies.Intelsat said in a filing with the agency that it believes it should get a greater share of payments than the FCC has proposed. SES responded by calling it an “egregious attempt” that was “both disappointing and legally indefensible.”The dispute has “all gone a bit ‘Hunger Games,”’ Jefferies analyst Giles Thorne said in a note to clients, as “one-time colleagues turn on each other.”Intelsat rose as much as 19% in New York trading after reporting fourth-quarter sales that exceeded analyst expectations.The satellite companies have proposed giving up part of the airwaves they use to beam TV and radio programs to stations, and to continue serving customers on airwaves they retain. The swath at issue is known as the C-band, and regulators are eager to free it to carry traffic for fast new 5G networks.The FCC has announced a plan that would provide $9.7 billion in compensation to Intelsat, SES and other companies if they hit deadlines for leaving the airwaves quickly, and another $3.3 billion to $5.2 billion to pay for costs of making the switch.The agency is scheduled to vote on the plan Feb. 28. The FCC can change a proposal until the agency votes on it, and modifications at times are made in the final hours beforehand.“We believe this rift between the two most important companies could potentially allow the FCC to play the companies off of each other in negotiating the contents of the final order,” said Height Capital Markets analyst Chase White wrote in a client note.While White said it could mean a “less favorable outcome” for Intelsat, he nonetheless called the company’s FCC filing “most likely benign.”Jefferies’ Thorne linked the disagreement between Intelsat and SES to opposition from Senator John Kennedy, a Louisiana Republican who called the payout too high.The argument highlights how the exact amount and timing of the money they will get is still uncertain, John Davies, an analyst with Bloomberg Intelligence, said in a note.Under the FCC’s plan, Intelsat could receive as much as $4.85 billion, while SES would get about $4 billion.The airwaves in question are in the 3.7 gigahertz-to-4.2 gigahertz area of spectrum, known as the C-band. Intelsat and SES dominate that patch of airwaves, which are considered well-suited for 5G networks. Proponents say the frequencies are needed to help the U.S. beat China in a so-called race to 5G, the next-generation of wireless technology that promises to transform everything from robotic surgery to autonomous vehicles.The FCC has assigned a 50% share to Intelsat, but the Luxembourg-based company said it should get between 60% to 67% based on its “contribution to clearing C-band services to the contiguous 48 states.” Intelsat also said that the C-Band Alliance -- the lobbying group formed by the satellite companies, won’t be needed under the FCC plan, so it, SES and Ottawa-based Telesat Canada should be treated as individual companies.SES disagreed and called Intelsat’s filing an “eleventh-hour attempt to renounce its commitments made to other CBA members and the Commission.”“SES believes that there remains an important role for the C-Band Alliance, and that the CBA’s collaborative clearing plan is the most efficient path to clear the spectrum,” the company said in a statement. “That said, SES is prepared to act on its own in the clearing process if necessary, while protecting its customers.”SES said it had no comment beyond its statement. Responding to the SES criticism, Intelsat said its filing with the FCC “speaks for itself.”It “demonstrates that we are working to ensure that the final order achieves the best possible outcome for our customers, our company and the American public,” Intelsat said in a statement. “The changes that we are suggesting would allow us to quickly clear spectrum to support 5G deployments in the U.S., creating new high tech jobs and unleashing the economic benefits that will accrue to our country.”This isn’t the first wedge between members of the alliance. Paris-based Eutelsat Communications SA dropped out of the group in January.David Tepper’s Appaloosa hedge fund took an activist stake of 7.4% in Intelsat and has called for the company to reject the FCC’s plan.\--With assistance from Cristin Flanagan, Joshua Fineman and Jonathan Reid.To contact the reporters on this story: Susan Decker in Washington at sdecker1@bloomberg.net;Todd Shields in Washington at tshields3@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • Thomson Reuters StreetEvents

      Edited Transcript of ETL.PA earnings conference call or presentation 14-Feb-20 8:00am GMT

      Half Year 2020 Eutelsat Communications SA Earnings Call

    • Reuters

      FCC to move forward on C-Band auction, may back incentives to shift spectrum -source

      The Federal Communications Commission plans to move ahead in February with a planned public auction to free up spectrum in the key C-band and could endorse "low single-digit billion-dollar" incentive payments to shift existing satellite users, a person familiar with the matter said. The C-band is a block of spectrum used by satellite company customers to deliver video and radio programming to 120 million U.S. households. It is seen as the most likely short-term source of available spectrum for next-generation 5G use.

    • How Should Investors Feel About Eutelsat Communications S.A.'s (EPA:ETL) CEO Pay?
      Simply Wall St.

      How Should Investors Feel About Eutelsat Communications S.A.'s (EPA:ETL) CEO Pay?

      In 2016 Rodolphe Belmer was appointed CEO of Eutelsat Communications S.A. (EPA:ETL). This analysis aims first to...

    • Does Eutelsat Communications S.A. (EPA:ETL) Have A Place In Your Dividend Portfolio?
      Simply Wall St.

      Does Eutelsat Communications S.A. (EPA:ETL) Have A Place In Your Dividend Portfolio?

      Today we'll take a closer look at Eutelsat Communications S.A. (EPA:ETL) from a dividend investor's perspective...

    • Eutelsat Communications S.A. (EPA:ETL) Stock Goes Ex-Dividend In Just 3 Days
      Simply Wall St.

      Eutelsat Communications S.A. (EPA:ETL) Stock Goes Ex-Dividend In Just 3 Days

      Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Eutelsat...