(SESG) SES S. A. - Ratings and Ratios
Exchange: PA •
Country: Luxembourg •
Currency: EUR •
Type: Common Stock •
ISIN: LU0088087324
Satellite, Video, Data, Connectivity, Broadcast
SESG EPS (Earnings per Share)
SESG Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 48.1% |
| Value at Risk 5%th | 70.6% |
| Relative Tail Risk | -10.66% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.23 |
| Alpha | 66.46 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.708 |
| Beta | -0.273 |
| Beta Downside | -0.091 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.04% |
| Mean DD | 16.95% |
| Median DD | 15.11% |
Description: SESG SES S. A. November 10, 2025
SES S.A. (ticker SESG) is a Luxembourg-based satellite operator that delivers data-transmission capacity and ancillary services worldwide through a hybrid network of geostationary (GEO) and medium-earth-orbit (MEO) satellites combined with extensive ground infrastructure.
The firm’s portfolio spans content-connectivity solutions (video and data delivery), data-connectivity services for aviation, cloud, cruise, energy, government, maritime, and telecom operators, as well as end-to-end media services that enable multi-screen, multi-device viewing for broadcasters, sports leagues, and streaming platforms. It also offers linear video aggregation, playout, and redundancy features for direct-to-home, cable, and IP-TV distribution.
Key operational metrics (FY 2023) include a fleet of > 70 GEO and MEO satellites providing roughly 140 Gbps of total capacity, annual revenue of €2.2 billion, and an adjusted EBITDA margin of ~30 %. The primary growth drivers are rising broadband demand in remote regions, increasing in-flight connectivity (projected CAGR ≈ 9 % through 2028), and the surge in video streaming and live-event distribution that pressures satellite bandwidth and redundancy services.
For a deeper quantitative breakdown of SES’s valuation multiples and scenario analysis, the ValueRay platform offers a concise, data-rich dashboard worth checking.
SESG Stock Overview
| Market Cap in USD | 3,380m |
| Sub-Industry | Broadcasting |
| IPO / Inception | |
| Return 12m vs S&P 500 | 42.6% |
| Analyst Rating | - |
SESG Dividends
| Dividend Yield | 9.88% |
| Yield on Cost 5y | 9.16% |
| Yield CAGR 5y | 17.02% |
| Payout Consistency | 95.0% |
| Payout Ratio | 37.0% |
SESG Growth Ratios
| CAGR 3y | 2.20% |
| CAGR/Max DD Calmar Ratio | 0.04 |
| CAGR/Mean DD Pain Ratio | 0.13 |
| Current Volume | 517.3k |
| Average Volume | 517.3k |
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (-44.0m TTM) > 0 and > 6% of Revenue (6% = 120.1m TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA -23.42pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 148.1% (prev 34.56%; Δ 113.6pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 1.32b > Net Income -44.0m (YES >=105%, WARN >=100%) |
| Net Debt (1.18b) to EBITDA (953.5m) ratio: 1.23 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.33 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (371.4m) change vs 12m ago -3.96% (target <= -2.0% for YES) |
| Gross Margin 73.76% (prev 70.43%; Δ 3.33pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 20.32% (prev 57.49%; Δ -37.17pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.00 (EBITDA TTM 953.5m / Interest Expense TTM 208.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.09
| (A) 0.28 = (Total Current Assets 5.19b - Total Current Liabilities 2.23b) / Total Assets 10.53b |
| (B) 0.00 = Retained Earnings (Balance) 14.0m / Total Assets 10.53b |
| (C) 0.02 = EBIT TTM 209.0m / Avg Total Assets 9.85b |
| (D) 0.09 = Book Value of Equity 710.0m / Total Liabilities 7.65b |
| Total Rating: 2.09 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 64.80
| 1. Piotroski 5.0pt = 0.0 |
| 2. FCF Yield 22.90% = 5.0 |
| 3. FCF Margin 46.83% = 7.50 |
| 4. Debt/Equity 2.06 = 0.68 |
| 5. Debt/Ebitda 1.23 = 1.42 |
| 6. ROIC - WACC (= 0.42)% = 0.53 |
| 7. RoE -1.32% = -0.22 |
| 8. Rev. Trend -6.51% = -0.49 |
| 9. EPS Trend 7.70% = 0.39 |
What is the price of SESG shares?
As of November 15, 2025, the stock is trading at EUR 5.06 with a total of 517,277 shares traded.
Over the past week, the price has changed by -1.56%, over one month by -21.31%, over three months by -12.77% and over the past year by +63.44%.
Over the past week, the price has changed by -1.56%, over one month by -21.31%, over three months by -12.77% and over the past year by +63.44%.
Is SES S. A. a good stock to buy?
Neither. Based on ValueRay´s Fundamental Analyses, SES S. A. is currently (November 2025)
neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.80 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SESG is around 5.84 EUR . This means that SESG is currently undervalued and has a potential upside of +15.42% (Margin of Safety).
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SESG is around 5.84 EUR . This means that SESG is currently undervalued and has a potential upside of +15.42% (Margin of Safety).
Is SESG a buy, sell or hold?
SES S. A. has no consensus analysts rating.
What are the forecasts/targets for the SESG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 7.3 | 44.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 6.2 | 22.7% |
SESG Fundamental Data Overview January 01, 1970
Market Cap USD = 3.38b (2.92b EUR * 1.159 EUR.USD)
Market Cap EUR = 2.92b (2.92b EUR * 1.0 EUR.EUR)
P/E Forward = 26.9542
P/S = 1.2809
P/B = 0.9912
P/EG = 3.35
Beta = 0.47
Revenue TTM = 2.00b EUR
EBIT TTM = 209.0m EUR
EBITDA TTM = 953.5m EUR
Long Term Debt = 4.81b EUR (from longTermDebt, last quarter)
Short Term Debt = 948.0m EUR (from shortTermDebt, last quarter)
Debt = 5.79b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.18b EUR (from netDebt column, last quarter)
Enterprise Value = 4.09b EUR (2.92b + Debt 5.79b - CCE 4.62b)
Interest Coverage Ratio = 1.00 (Ebit TTM 209.0m / Interest Expense TTM 208.0m)
FCF Yield = 22.90% (FCF TTM 937.0m / Enterprise Value 4.09b)
FCF Margin = 46.83% (FCF TTM 937.0m / Revenue TTM 2.00b)
Net Margin = -2.20% (Net Income TTM -44.0m / Revenue TTM 2.00b)
Gross Margin = 73.76% ((Revenue TTM 2.00b - Cost of Revenue TTM 525.0m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 55.01%)
Tobins Q-Ratio = 0.39 (Enterprise Value 4.09b / Total Assets 10.53b)
Interest Expense / Debt = 1.71% (Interest Expense 99.0m / Debt 5.79b)
Taxrate = -50.0% (negative due to tax credits) (4.00m / -8.00m)
NOPAT = 313.5m (EBIT 209.0m * (1 - -50.00%)) [negative tax rate / tax credits]
Current Ratio = 2.33 (Total Current Assets 5.19b / Total Current Liabilities 2.23b)
Debt / Equity = 2.06 (Debt 5.79b / totalStockholderEquity, last quarter 2.81b)
Debt / EBITDA = 1.23 (Net Debt 1.18b / EBITDA 953.5m)
Debt / FCF = 1.26 (Net Debt 1.18b / FCF TTM 937.0m)
Total Stockholder Equity = 3.34b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.42% (Net Income -44.0m / Total Assets 10.53b)
RoE = -1.32% (Net Income TTM -44.0m / Total Stockholder Equity 3.34b)
RoCE = 2.57% (EBIT 209.0m / Capital Employed (Equity 3.34b + L.T.Debt 4.81b))
RoIC = 3.80% (NOPAT 313.5m / Invested Capital 8.24b)
WACC = 3.38% (E(2.92b)/V(8.71b) * Re(5.01%) + D(5.79b)/V(8.71b) * Rd(1.71%) * (1-Tc(-0.50)))
Discount Rate = 5.01% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -8.03%
[DCF Debug] Terminal Value 79.23% ; FCFE base≈1.75b ; Y1≈1.87b ; Y5≈2.26b
Fair Price DCF = 115.1 (DCF Value 39.56b / Shares Outstanding 343.6m; 5y FCF grow 7.68% → 3.0% )
EPS Correlation: 7.70 | EPS CAGR: 5.45% | SUE: -0.05 | # QB: 0
Revenue Correlation: -6.51 | Revenue CAGR: -2.37% | SUE: -0.02 | # QB: 0
Market Cap EUR = 2.92b (2.92b EUR * 1.0 EUR.EUR)
P/E Forward = 26.9542
P/S = 1.2809
P/B = 0.9912
P/EG = 3.35
Beta = 0.47
Revenue TTM = 2.00b EUR
EBIT TTM = 209.0m EUR
EBITDA TTM = 953.5m EUR
Long Term Debt = 4.81b EUR (from longTermDebt, last quarter)
Short Term Debt = 948.0m EUR (from shortTermDebt, last quarter)
Debt = 5.79b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.18b EUR (from netDebt column, last quarter)
Enterprise Value = 4.09b EUR (2.92b + Debt 5.79b - CCE 4.62b)
Interest Coverage Ratio = 1.00 (Ebit TTM 209.0m / Interest Expense TTM 208.0m)
FCF Yield = 22.90% (FCF TTM 937.0m / Enterprise Value 4.09b)
FCF Margin = 46.83% (FCF TTM 937.0m / Revenue TTM 2.00b)
Net Margin = -2.20% (Net Income TTM -44.0m / Revenue TTM 2.00b)
Gross Margin = 73.76% ((Revenue TTM 2.00b - Cost of Revenue TTM 525.0m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 55.01%)
Tobins Q-Ratio = 0.39 (Enterprise Value 4.09b / Total Assets 10.53b)
Interest Expense / Debt = 1.71% (Interest Expense 99.0m / Debt 5.79b)
Taxrate = -50.0% (negative due to tax credits) (4.00m / -8.00m)
NOPAT = 313.5m (EBIT 209.0m * (1 - -50.00%)) [negative tax rate / tax credits]
Current Ratio = 2.33 (Total Current Assets 5.19b / Total Current Liabilities 2.23b)
Debt / Equity = 2.06 (Debt 5.79b / totalStockholderEquity, last quarter 2.81b)
Debt / EBITDA = 1.23 (Net Debt 1.18b / EBITDA 953.5m)
Debt / FCF = 1.26 (Net Debt 1.18b / FCF TTM 937.0m)
Total Stockholder Equity = 3.34b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.42% (Net Income -44.0m / Total Assets 10.53b)
RoE = -1.32% (Net Income TTM -44.0m / Total Stockholder Equity 3.34b)
RoCE = 2.57% (EBIT 209.0m / Capital Employed (Equity 3.34b + L.T.Debt 4.81b))
RoIC = 3.80% (NOPAT 313.5m / Invested Capital 8.24b)
WACC = 3.38% (E(2.92b)/V(8.71b) * Re(5.01%) + D(5.79b)/V(8.71b) * Rd(1.71%) * (1-Tc(-0.50)))
Discount Rate = 5.01% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -8.03%
[DCF Debug] Terminal Value 79.23% ; FCFE base≈1.75b ; Y1≈1.87b ; Y5≈2.26b
Fair Price DCF = 115.1 (DCF Value 39.56b / Shares Outstanding 343.6m; 5y FCF grow 7.68% → 3.0% )
EPS Correlation: 7.70 | EPS CAGR: 5.45% | SUE: -0.05 | # QB: 0
Revenue Correlation: -6.51 | Revenue CAGR: -2.37% | SUE: -0.02 | # QB: 0