52.57 USD
-0.34 (-0.64%)
VEON gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 22 industry peers in the Wireless Telecommunication Services industry. While VEON belongs to the best of the industry regarding profitability, there are concerns on its financial health. VEON has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
VEON had positive earnings in the past year.
VEON had a positive operating cash flow in the past year.
In multiple years VEON reported negative net income over the last 5 years.
Each year in the past 5 years VEON had a positive operating cash flow.
1.2 Ratios
VEON has a better Return On Assets (11.63%) than 100.00% of its industry peers.
The Return On Equity of VEON (75.34%) is better than 100.00% of its industry peers.
With an excellent Return On Invested Capital value of 13.11%, VEON belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
VEON had an Average Return On Invested Capital over the past 3 years of 11.44%. This is above the industry average of 6.45%.
The 3 year average ROIC (11.44%) for VEON is below the current ROIC(13.11%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.63% | ||
| ROE | 75.34% | ||
| ROIC | 13.11% |
ROA(3y)-8.89%
ROA(5y)-4.97%
ROE(3y)-96.72%
ROE(5y)-77.85%
ROIC(3y)11.44%
ROIC(5y)10.01%
1.3 Margins
VEON's Profit Margin of 23.72% is amongst the best of the industry. VEON outperforms 95.45% of its industry peers.
VEON's Profit Margin has improved in the last couple of years.
The Operating Margin of VEON (25.22%) is better than 95.45% of its industry peers.
VEON's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 87.75%, VEON belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
In the last couple of years the Gross Margin of VEON has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.22% | ||
| PM (TTM) | 23.72% | ||
| GM | 87.75% |
OM growth 3Y-3.83%
OM growth 5Y-0.35%
PM growth 3Y-16.1%
PM growth 5Y8.09%
GM growth 3Y-0.11%
GM growth 5Y2.49%
2. Health
2.1 Basic Checks
VEON has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for VEON has been increased compared to 1 year ago.
VEON has more shares outstanding than it did 5 years ago.
VEON has a better debt/assets ratio than last year.
2.2 Solvency
VEON has an Altman-Z score of 0.35. This is a bad value and indicates that VEON is not financially healthy and even has some risk of bankruptcy.
VEON has a worse Altman-Z score (0.35) than 72.73% of its industry peers.
The Debt to FCF ratio of VEON is 3.88, which is a good value as it means it would take VEON, 3.88 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.88, VEON is doing good in the industry, outperforming 63.64% of the companies in the same industry.
VEON has a Debt/Equity ratio of 2.95. This is a high value indicating a heavy dependency on external financing.
VEON has a worse Debt to Equity ratio (2.95) than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.95 | ||
| Debt/FCF | 3.88 | ||
| Altman-Z | 0.35 |
ROIC/WACC1.67
WACC7.83%
2.3 Liquidity
VEON has a Current Ratio of 0.86. This is a bad value and indicates that VEON is not financially healthy enough and could expect problems in meeting its short term obligations.
VEON's Current ratio of 0.86 is in line compared to the rest of the industry. VEON outperforms 45.45% of its industry peers.
VEON has a Quick Ratio of 0.86. This is a bad value and indicates that VEON is not financially healthy enough and could expect problems in meeting its short term obligations.
VEON has a Quick ratio (0.85) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
VEON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.29%, which is quite impressive.
VEON shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.16% yearly.
VEON shows a small growth in Revenue. In the last year, the Revenue has grown by 6.74%.
The Revenue has been decreasing by -5.40% on average over the past years.
EPS 1Y (TTM)35.29%
EPS 3YN/A
EPS 5Y-3.16%
EPS Q2Q%-116%
Revenue 1Y (TTM)6.74%
Revenue growth 3Y-8.36%
Revenue growth 5Y-5.4%
Sales Q2Q%7.52%
3.2 Future
The Earnings Per Share is expected to grow by 8.94% on average over the next years. This is quite good.
VEON is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -11.49% yearly.
EPS Next Y41.69%
EPS Next 2Y-76.32%
EPS Next 3Y-8.24%
EPS Next 5Y8.94%
Revenue Next Year2.47%
Revenue Next 2Y3.67%
Revenue Next 3Y-23.28%
Revenue Next 5Y-11.49%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.06, the valuation of VEON can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of VEON is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.51. VEON is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 163.07, which means the current valuation is very expensive for VEON.
VEON's Price/Forward Earnings ratio is rather expensive when compared to the industry. VEON is more expensive than 86.36% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of VEON to the average of the S&P500 Index (23.13), we can say VEON is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.06 | ||
| Fwd PE | 163.07 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, VEON is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.93 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
VEON's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VEON has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as VEON's earnings are expected to decrease with -8.24% in the coming years.
PEG (NY)0.48
PEG (5Y)N/A
EPS Next 2Y-76.32%
EPS Next 3Y-8.24%
5. Dividend
5.1 Amount
VEON does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:VEON (12/31/2025, 8:00:02 PM)
52.57
-0.34 (-0.64%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners26.05%
Inst Owner Change1.95%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap3.71B
Revenue(TTM)4.23B
Net Income(TTM)984.00M
Analysts82.5
Price Target72.22 (37.38%)
Short Float %8.59%
Short Ratio2.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)19.54%
Min EPS beat(2)-21.57%
Max EPS beat(2)60.64%
EPS beat(4)2
Avg EPS beat(4)15.89%
Min EPS beat(4)-21.57%
Max EPS beat(4)60.64%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)2.55%
Min Revenue beat(2)0.98%
Max Revenue beat(2)4.12%
Revenue beat(4)2
Avg Revenue beat(4)0.29%
Min Revenue beat(4)-2.08%
Max Revenue beat(4)4.12%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.53%
PT rev (3m)9.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-297.32%
EPS NY rev (1m)-20.18%
EPS NY rev (3m)23.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)-0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.06 | ||
| Fwd PE | 163.07 | ||
| P/S | 0.9 | ||
| P/FCF | 2.93 | ||
| P/OCF | 3.01 | ||
| P/B | 2.84 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)2.62
EY4.98%
EPS(NY)0.32
Fwd EY0.61%
FCF(TTM)17.93
FCFY34.11%
OCF(TTM)17.47
OCFY33.22%
SpS58.71
BVpS18.48
TBVpS-3.5
PEG (NY)0.48
PEG (5Y)N/A
Graham Number33.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.63% | ||
| ROE | 75.34% | ||
| ROCE | 19.12% | ||
| ROIC | 13.11% | ||
| ROICexc | 19.47% | ||
| ROICexgc | 33.65% | ||
| OM | 25.22% | ||
| PM (TTM) | 23.72% | ||
| GM | 87.75% | ||
| FCFM | 30.54% |
ROA(3y)-8.89%
ROA(5y)-4.97%
ROE(3y)-96.72%
ROE(5y)-77.85%
ROIC(3y)11.44%
ROIC(5y)10.01%
ROICexc(3y)19.88%
ROICexc(5y)15.79%
ROICexgc(3y)51.88%
ROICexgc(5y)38.09%
ROCE(3y)16.68%
ROCE(5y)14.59%
ROICexgc growth 3Y65.7%
ROICexgc growth 5Y3.7%
ROICexc growth 3Y46.24%
ROICexc growth 5Y7.89%
OM growth 3Y-3.83%
OM growth 5Y-0.35%
PM growth 3Y-16.1%
PM growth 5Y8.09%
GM growth 3Y-0.11%
GM growth 5Y2.49%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.95 | ||
| Debt/FCF | 3.88 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 128.76% | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 0.35 |
F-Score5
WACC7.83%
ROIC/WACC1.67
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.29%
EPS 3YN/A
EPS 5Y-3.16%
EPS Q2Q%-116%
EPS Next Y41.69%
EPS Next 2Y-76.32%
EPS Next 3Y-8.24%
EPS Next 5Y8.94%
Revenue 1Y (TTM)6.74%
Revenue growth 3Y-8.36%
Revenue growth 5Y-5.4%
Sales Q2Q%7.52%
Revenue Next Year2.47%
Revenue Next 2Y3.67%
Revenue Next 3Y-23.28%
Revenue Next 5Y-11.49%
EBIT growth 1Y13.2%
EBIT growth 3Y-2.56%
EBIT growth 5Y-14.99%
EBIT Next Year78.27%
EBIT Next 3Y28.02%
EBIT Next 5Y19.07%
FCF growth 1Y-32.93%
FCF growth 3Y-13.93%
FCF growth 5Y-2.16%
OCF growth 1Y-40.82%
OCF growth 3Y-24.51%
OCF growth 5Y-17.38%
VEON LTD / VEON FAQ
Can you provide the ChartMill fundamental rating for VEON LTD?
ChartMill assigns a fundamental rating of 5 / 10 to VEON.
What is the valuation status of VEON LTD (VEON) stock?
ChartMill assigns a valuation rating of 4 / 10 to VEON LTD (VEON). This can be considered as Fairly Valued.
What is the profitability of VEON stock?
VEON LTD (VEON) has a profitability rating of 9 / 10.
What is the valuation of VEON LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for VEON LTD (VEON) is 20.06 and the Price/Book (PB) ratio is 2.84.
What is the expected EPS growth for VEON LTD (VEON) stock?
The Earnings per Share (EPS) of VEON LTD (VEON) is expected to grow by 41.69% in the next year.