A Financial Analysis

Stefanie Van Poucke2FV4

Belgacom Group

6 month stock-price

Ratios and forecasts

Invest in Belgacom?

Table of Contents

Telecommunications

Euronext

Bel 20

Belgacom Group

General Course Stock Price

Decline October

Growth 1,5%Revenue 1,6 billion euros

Increase prices fixed line

12 December ‘13: Dividend

February 2nd: Capital increase KLM

Decrease: competition

Connectimmo: real estate

Volatility: 19,08

Profit per share

Ratios and forecasts

2012 2013 20142.1

2.15

2.2

2.25

2.3

2.35

2.4

2.45

2.5

PEG-ratio: -1,82

Price-earnings ratio: comparison with sector

Ratios and forecasts

Company PE

Belgacom 7,50

Telenet 38,97

Mobistar 4,44

Stable investment

Forecasts

Conclusion

Invest in Belgacom?

http://www.beursduivel.be/ http://www.belgacom.be/ http://

www.tijd.be/beurzen/Belgacom.60187045

Thank you for listening!

Sources