52.04 USD
+0.04 (+0.08%)
Taking everything into account, VEON scores 5 out of 10 in our fundamental rating. VEON was compared to 22 industry peers in the Wireless Telecommunication Services industry. VEON scores excellent on profitability, but there are concerns on its financial health. VEON is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
VEON had positive earnings in the past year.
In the past year VEON had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: VEON reported negative net income in multiple years.
In the past 5 years VEON always reported a positive cash flow from operatings.
1.2 Ratios
VEON has a better Return On Assets (7.31%) than 86.36% of its industry peers.
The Return On Equity of VEON (46.60%) is better than 100.00% of its industry peers.
VEON has a Return On Invested Capital of 11.26%. This is amongst the best in the industry. VEON outperforms 86.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VEON is significantly above the industry average of 6.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 46.6% | ||
| ROIC | 11.26% |
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 has a Profit Margin of 15.24%. This is amongst the best in the industry. VEON outperforms 90.91% of its industry peers.
VEON's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 22.43%, VEON is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
VEON's Operating Margin has been stable in the last couple of years.
VEON has a Gross Margin of 88.24%. This is amongst the best in the industry. VEON outperforms 95.45% of its industry peers.
In the last couple of years the Gross Margin of VEON has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.43% | ||
| PM (TTM) | 15.24% | ||
| GM | 88.24% |
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.
VEON has more shares outstanding than it did 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 0.30. This is a bad value and indicates that VEON is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of VEON (0.30) is worse than 72.73% of its industry peers.
VEON has a debt to FCF ratio of 4.13. This is a neutral value as VEON would need 4.13 years to pay back of all of its debts.
VEON has a better Debt to FCF ratio (4.13) than 63.64% of its industry peers.
A Debt/Equity ratio of 2.92 is on the high side and indicates that VEON has dependencies on debt financing.
VEON's Debt to Equity ratio of 2.92 is on the low side compared to the rest of the industry. VEON is outperformed by 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.92 | ||
| Debt/FCF | 4.13 | ||
| Altman-Z | 0.3 |
ROIC/WACC1.25
WACC8.99%
2.3 Liquidity
VEON has a Current Ratio of 0.95. This is a bad value and indicates that VEON is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.95, VEON is in line with its industry, outperforming 59.09% of the companies in the same industry.
A Quick Ratio of 0.94 indicates that VEON may have some problems paying its short term obligations.
VEON has a Quick ratio (0.94) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 120.14% over the past year.
VEON shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.57% yearly.
Looking at the last year, VEON shows a small growth in Revenue. The Revenue has grown by 6.74% in the last year.
Measured over the past years, VEON shows a very negative growth in Revenue. The Revenue has been decreasing by -14.69% on average per year.
EPS 1Y (TTM)120.14%
EPS 3Y-15.41%
EPS 5Y-8.57%
EPS Q2Q%-116%
Revenue 1Y (TTM)6.74%
Revenue growth 3Y1.32%
Revenue growth 5Y-14.69%
Sales Q2Q%7.52%
3.2 Future
The Earnings Per Share is expected to grow by 15.44% on average over the next years. This is quite good.
VEON is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.47% yearly.
EPS Next Y69.39%
EPS Next 2Y20.32%
EPS Next 3Y19.75%
EPS Next 5Y15.44%
Revenue Next Year8.53%
Revenue Next 2Y7.9%
Revenue Next 3Y6.92%
Revenue Next 5Y6.47%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.86, VEON is valued on the expensive side.
VEON's Price/Earnings ratio is a bit cheaper when compared to the industry. VEON is cheaper than 63.64% of the companies in the same industry.
VEON is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
VEON is valuated cheaply with a Price/Forward Earnings ratio of 6.90.
95.45% of the companies in the same industry are more expensive than VEON, based on the Price/Forward Earnings ratio.
VEON is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.86 | ||
| Fwd PE | 6.9 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VEON indicates a rather cheap valuation: VEON is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.95 | ||
| 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 more expensive valuation may be justified as VEON's earnings are expected to grow with 19.75% in the coming years.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y20.32%
EPS Next 3Y19.75%
5. Dividend
5.1 Amount
No dividends for VEON!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:VEON (1/9/2026, 8:00:01 PM)
52.04
+0.04 (+0.08%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners26.04%
Inst Owner Change0%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap3.68B
Revenue(TTM)4.23B
Net Income(TTM)644.00M
Analysts82.5
Price Target72.22 (38.78%)
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)28.57%
Min EPS beat(2)-21.57%
Max EPS beat(2)78.71%
EPS beat(4)3
Avg EPS beat(4)35.64%
Min EPS beat(4)-21.57%
Max EPS beat(4)78.71%
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)1
Avg Revenue beat(2)2.06%
Min Revenue beat(2)0%
Max Revenue beat(2)4.12%
Revenue beat(4)2
Avg Revenue beat(4)0.81%
Min Revenue beat(4)-1.87%
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)-2.36%
EPS NQ rev (3m)3.33%
EPS NY rev (1m)-0.38%
EPS NY rev (3m)23.4%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)0.44%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.86 | ||
| Fwd PE | 6.9 | ||
| P/S | 0.87 | ||
| P/FCF | 2.95 | ||
| P/OCF | 2.97 | ||
| P/B | 2.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)2.62
EY5.03%
EPS(NY)7.54
Fwd EY14.49%
FCF(TTM)17.64
FCFY33.89%
OCF(TTM)17.55
OCFY33.73%
SpS59.81
BVpS19.56
TBVpS-2.17
PEG (NY)0.29
PEG (5Y)N/A
Graham Number33.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 46.6% | ||
| ROCE | 16.42% | ||
| ROIC | 11.26% | ||
| ROICexc | 17.35% | ||
| ROICexgc | 29.39% | ||
| OM | 22.43% | ||
| PM (TTM) | 15.24% | ||
| GM | 88.24% | ||
| FCFM | 29.48% |
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-Score6
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.92 | ||
| Debt/FCF | 4.13 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 193.48% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 0.3 |
F-Score6
WACC8.99%
ROIC/WACC1.25
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)120.14%
EPS 3Y-15.41%
EPS 5Y-8.57%
EPS Q2Q%-116%
EPS Next Y69.39%
EPS Next 2Y20.32%
EPS Next 3Y19.75%
EPS Next 5Y15.44%
Revenue 1Y (TTM)6.74%
Revenue growth 3Y1.32%
Revenue growth 5Y-14.69%
Sales Q2Q%7.52%
Revenue Next Year8.53%
Revenue Next 2Y7.9%
Revenue Next 3Y6.92%
Revenue Next 5Y6.47%
EBIT growth 1Y2.82%
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-25.92%
FCF growth 3Y-13.93%
FCF growth 5Y-2.16%
OCF growth 1Y-26.89%
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 7 / 10 to VEON LTD (VEON). This can be considered as Undervalued.
What is the profitability of VEON stock?
VEON LTD (VEON) has a profitability rating of 8 / 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 19.86 and the Price/Book (PB) ratio is 2.66.
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 69.39% in the next year.