Jun. 03, 2025 2:43 PM ETProximus PLC (BGAOY) Stock, BGAOF StockBGAOY, BGAOFJoris Gijzendorffen452 Followers(17min)SummaryProximus shares are trading close to decade lows. The company is healthy, but turbulence in recent years has led to a significant decline in value.The outlook for 2025 is stable. There's even a minor growth of 2% overall revenue projected.Proximus' valuation is much lower than comparable company KPN. The reliable focus on shareholder returns by KPN is one factor that can explain this valuation gap.If Proximus delivers against the 2025 guidance and renews the focus on shareholder returns, a rebound of the shares towards historical normal valuations can be expected.Thierry HebbelinckRecent Bargain Valuation For ProximusProximus (OTCPK:BGAOY) (OTCPK:BGAOF) is the battered incumbent telco in Belgium. The company shares reached a decade-low trading prices around the beginning of 2025, following turbulence in many different areas overThis article was written byJoris Gijzendorffen452 FollowersTMT sector professional. Over 20 years of experience working in the sector in Europe and outside Europe. Decade of investing experience to keep in close touch with companies and themes that are relevant for my work.Companies where I worked are among others: KPN, Chellomedia, Liberty Global, UPC Cablecom Switzerland, Get Sweden, Ooredoo Middle East, Cell C South Africa, Du Dubai, Axiata South East Asia, Celcom Malaysia, Vodafone.Analyst’s Disclosure:I/we have a beneficial long position in the shares of BGAOY, BGAOF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.I invest though the eure denominated shares listed under the ticket "PROX" on the Brussels exchangeSeeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For You