Proximus NV (PROX) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Proximus NV €9.15, price €6.09, upside +50.3%, quality 45 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
- Add to watchlist
Proximus NV
PROX · BRCheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range €4.35 – €11.05 · fair‑value band €4.44 – €19.00 · the €6.09 price screens below the €9.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Every Wednesday you see whether Proximus is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Proximus PLC provides connectivity, IT, and digital services and communication services in Belgium and internationally. The company offers telecom products and services; mobile and internet-at-home fixed and mobile telephony, internet, and television services to residential customers and small businesses.
Show more
Proximus PLC provides connectivity, IT, and digital services and communication services in Belgium and internationally. The company offers telecom products and services; mobile and internet-at-home fixed and mobile telephony, internet, and television services to residential customers and small businesses. It also provides live TV, streaming, and on-demand video services; video consultation services for patients and healthcare professionals; artificial intelligence (AI), mixed reality, and cloudification; ICT infrastructure, cloud, fintech solutions, cybersecurity, enterprise applications, managed services, and telecom services; networking, cloud, cybersecurity, and data and AI services; and cybersecurity and intelligence solutions to protect enterprises against cyberattacks. In addition, the company designs, builds, and manages data-driven cloud solutions; offers Infrastructure as a Service, cybersecurity, and digital workplace solutions; and wholesale connectivity, interoperability, fraud prevention, managed services, and global IoT connectivity solutions. Further, it provides digital identity services, international delivery authentication, and programmable communication solutions; Communications Platform as a Service solutions; messaging apps, email, and voice solutions, and chatbots and AI-driven interaction; consultancy, implementation, and managed services; and content creation, editing, broadcasting, and live production. It offers its products and services under Proximus, Scarlet, Mobile Vikings, Proximus+, Proximus NXT, Pickx, Doktr, Proximus NXT IT, Codit, ClearMedia, Davinsi Labs, Proximus Global, Telesign, Route Mobile, Proximus Ada, Clarence, Fiberklaar, Unifiber, GoFiber, MWingz, Proximus Real Estate, Proximus Media House, and Tango brands. The company was formerly known as Belgacom SA and changed its name to Proximus PLC in June 2015. The company was founded in 1930 and is headquartered in Brussels, Belgium.
Stock analysis
Proximus NV (PROX) currently trades at €6.09, while our model-based Fair Value estimate is €9.15, implying the stock looks roughly 33.4% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of €20.94 per share, and 17 of the 24 models we run sit above the €6.09 price.
Bear case: the Earnings-Based group reads lowest at €4.06, and 7 of the 24 models stay below the price. Evidence for this calculation is high.
Scenario range: €4.44 (bear) to €19.00 (bull), the price of €6.09 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Communication Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Proximus NV reported revenue of €6.2B in FY2025 versus €5.5B in FY2021, a compound +3.1%/yr. Reported net income was €398M in FY2025, compounding −2.6%/yr from FY2021.
Key figures
Market cap €2.0B · P/E ratio 5.4 · P/S ratio 0.35 · EPS (TTM) €1.12 · Dividend yield 6.6% · Net margin 6.4% · Return on equity 7.8% · Return on assets (EBIT) 5.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (medium confidence).
What moves the price
The share trades about 25% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 47% fair-value upside, at 50%, PROX screens cheaper than that median.
Fair Value models
All 24 models by family
Notify me when PROX reaches fair value
Put PROX on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 43 · Market factors (momentum, volatility) 45
Revenue & earnings trend
Growth Forecast
Watch PROX, get fair value alerts →
Compare Proximus NV with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Telecom Services · 252 stocks
Valuation Multiplesvs Telecom Services median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Communication Services sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Communication Services
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Telecom Services stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Mobile Limited 80941 | HK$67.45 | HK$114.85 | +70% |
| T-Mobile US, Inc TMUS | $162.41 | $270.48 | +67% |
| Verizon Communications Inc VZ | $46.45 | $69.92 | +51% |
| AT&T Inc T | $25.10 | $50.40 | +101% |
| Bharti Airtel Limited BHARTIARTL | ₹1,833 | ₹1,883 | +3% |
| China Telecom Corporation 601728 | ¥6.10 | ¥8.36 | +37% |
| América Móvil, S.A. AMX | $22.29 | $32.77 | +47% |
| Saudi Telecom Company 7010 | 43.66 SAR | 41.80 SAR | −4% |
| Singapore Telecommunications Limited Z74 | 4.32 SGD | 2.15 SGD | −50% |
| Swisscom AG SCMN | CHF 651.00 | CHF 505.18 | −22% |
Explore undervalued stocks
More undervalued Communication Services stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Proximus NV (PROX) overvalued or undervalued?
What is the fair value of PROX?
What is the quality score of PROX?
What is the price target for Proximus NV (PROX)?
What is the Proximus NV stock forecast for 2026?
What is the revenue of Proximus NV (PROX)?
Does Proximus NV pay a dividend?
What growth is priced into Proximus NV (PROX)?
What discount rate (WACC) does the fair value of PROX use?
What is a reverse DCF?
How much growth has Proximus NV (PROX) delivered so far?
How fast is the sector of Proximus NV (PROX) growing?
What is the free cash flow yield of Proximus NV (PROX)?
What is the intrinsic value of Proximus NV (PROX)?
Is Proximus NV stock overvalued or undervalued in 2026?
Is fair value the same as the market price of PROX?
How much is Proximus NV worth?
What do the bullish and bearish scenarios say about PROX?
What is the P/E ratio of PROX?
What is the PEG ratio of PROX?
How solid is the balance sheet of Proximus NV (PROX)?
How far is PROX from its 52-week high?
Which stocks are comparable to Proximus NV?
Is Proximus NV stock attractive at the current price?
How is the fair value of PROX calculated?
Is it still worth investing in stocks now?
What is the share price of Proximus NV (PROX)?
What should I pay attention to with Proximus NV right now?
Where does the earnings growth of Proximus NV (PROX) come from?
Key figures of Proximus NV
How large is the market capitalisation of Proximus NV (PROX)?
What is the P/S ratio of Proximus NV (PROX)?
What are the earnings per share of Proximus NV (PROX)?
What is the dividend yield of Proximus NV (PROX)?
What is the net margin of Proximus NV (PROX)?
What is the return on equity of Proximus NV (PROX)?
What is the EBIT return on assets of Proximus NV (PROX)?
What is the operating margin of Proximus NV (PROX)?
How fast is revenue growing at Proximus NV (PROX)?
How fast are earnings growing at Proximus NV (PROX)?
How much net debt does Proximus NV (PROX) carry?
Watch Proximus NV in the live analysis
One click puts Proximus NV on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.