Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
SESG.PA
HOLDREMOVEGet insider-trade alertsSES S.A. · Communication Services · Luxembourg · $3.2B · Avg Vol: $9M/d
A legacy satellite operator facing structural decline in its core video business and high capital expenditure requirements for its O3b mPOWER constellation.
COMPANY DESCRIPTION
SES S.A. is a leading global satellite operator delivering high-speed data connectivity and television broadcasting via a multi-orbit fleet of GEO and MEO satellites. The company's competitive moat is based on irreplaceable orbital slot rights, high-barrier space infrastructure, and long-term distribution contracts with global media and defense networks. SES is a dominant satellite communications giant transitioning from video distribution to high-growth cloud and government data services.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 2.2B | 2.3B | 2.3B | 3.0B | 10.6% |
| EPS | -0.18 | -2.44 | 0.00 | -0.30 | — |
| Shares | 445.7M | 445.7M | 445.7M | 445.7M | -0.0% |
| Debt | 5.0B | 4.8B | 5.2B | 7.9B | 16.5% |
| Equity | 6.4B | 4.2B | 3.9B | 3.0B | -22.3% |
| Op CF | 1.7B | 4.0B | 1.1B | 1.0B | -14.9% |
| Inv CF | -2.0B | -421.4M | -181.1M | -1.9B | — |
| Fin CF | 347.4M | -1.3B | -427.1M | -1.6B | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Communication Services, ranked by industry match, size, and score similarity. Cross-listings of SESG.PA are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| SESG.PA | SES S.A.(you) | $3.2B | 47 | HOLD |
| RRTL.DE | RTL Group S.A. | $5.6B | 81 | STRONG BUY |
| TIGO | Millicom International Cellular S.A. | $15.0B | 91 | STRONG BUY |
Peer medians: ROE 19.4% · P/E 111.9x · Gross margin 65.6%