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Nos, S.g.p.s., S.a. (ZONNF)

New York Stock Exchange Communication Services Telecommunications ServicesView data quality →
60.2Fair

ValueMarkers Composite Index

Top 81%#8,587 of 44,707
Undervalued

31% below intrinsic value ($7)

UndervaluedFair ValueOvervalued
Piotroski
6/9
Neutral
Beneish
-1.30
High Risk
Altman
1.43
Distress
DCF Value
$7
Undervalued
ROIC
14.7%
Adequate
P/E
11.5
Value
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Nos, S.g.p.s., S.a. (ZONNF) — VMCI valuation read

Composite valuation read on ZONNF: VMCI 60/100 against a Communication Services sector median of 50. The 10-point above-median print is the headline number for Nos, S.g.p.s., S.a., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for ZONNF: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on ZONNF: ZONNF trades at 21.0x earnings, 17% above the Communication Services median of 18.0x; ROIC of 17.0% sits 7.0pp above the Communication Services median (10.0%); net debt to EBITDA of -1.1x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Communication Services closes the value frame.

ZONNF fell 2.2% over the trailing 7 days, with a -4.9% read on a 30-day basis.

NOS, S.G.P.S., S.A. engages in the telecommunications, and media and entertainment business worldwide. It operates in Telco and Audiovisual segments. The company offers cable and satellite television, voice and internet access, mobile communication, IP voice, mobile virtual network, and related consulting services, as well as electronic communications services, including data and multimedia communications. It is also involved in the negotiation, acquisition, and distribution of content rights and other multimedia products, and Pay TV and video-on-demand rights; producing films and series channels; managing the advertising space on Pay TV channels; video production and sale; and cinema exhibition and distribution. In addition, the company provides data center management and consulting services in IT; invests in and supports the development of companies that aim to commercialize technologies and products; manages investments; commercializes public events; manages social participations in other companies; and offers accounting, logistics, administrative, financial, tax, human resources, and licensing and engineering services. Further, it engages in the design, construction, management, and exploitation of electronic communications networks, and equipment and infrastructure; management of technological assets and renders related services; achievement and promotion of scientific, and research and development activities; import, distribution, editing, commercialization, and production of audiovisual products; and provides demonstration, dissemination, technology transfer, and formation services in the field of services and information systems. Additionally, the company purchases, sales, rents, and operates property and commercial establishments; and manages real estate and financing activities. The company was founded in 1999 and is headquartered in Lisbon, Portugal. NOS, S.G.P.S., S.A. is a subsidiary of ZOPT, SGPS, S.A.

CEO: Miguel Nuno Santos Almeida2,464 employeesPTwww.nos.pt

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