52.75 USD
+0.22 (+0.41%)
We assign a fundamental rating of 5 out of 10 to VEON. VEON was compared to 22 industry peers in the Wireless Telecommunication Services industry. VEON has an excellent profitability rating, but there are concerns on its financial health. VEON is not valued too expensively and it also shows a decent growth rate.
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.
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
With an excellent Return On Assets value of 11.63%, VEON belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
VEON's Return On Equity of 75.34% is amongst the best of the industry. VEON outperforms 100.00% of its industry peers.
VEON's Return On Invested Capital of 13.11% is amongst the best of the industry. VEON outperforms 95.45% of its industry peers.
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 last Return On Invested Capital (13.11%) for VEON is above the 3 year average (11.44%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 23.72%. This is amongst the best in the industry. VEON outperforms 95.45% of its industry peers.
In the last couple of years the Profit Margin of VEON has grown nicely.
The Operating Margin of VEON (25.22%) is better than 95.45% of its industry peers.
In the last couple of years the Operating Margin of VEON has remained more or less at the same level.
VEON has a better Gross Margin (87.75%) than 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 | 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VEON is still creating some value.
The number of shares outstanding for VEON has been increased compared to 1 year ago.
The number of shares outstanding for VEON has been increased compared to 5 years ago.
The debt/assets ratio for VEON has been reduced compared to a year ago.
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.
Looking at the Altman-Z score, with a value of 0.35, VEON is doing worse than 72.73% of the companies in the same industry.
VEON has a debt to FCF ratio of 3.88. This is a good value and a sign of high solvency as VEON would need 3.88 years to pay back of 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's Debt to Equity ratio of 2.95 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 | 2.95 | ||
| Debt/FCF | 3.88 | ||
| Altman-Z | 0.35 |
ROIC/WACC1.56
WACC8.42%
2.3 Liquidity
A Current Ratio of 0.86 indicates that VEON may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.86, VEON is in line with its industry, outperforming 45.45% of the companies in the same industry.
A Quick Ratio of 0.85 indicates that VEON may have some problems paying its short term obligations.
The Quick ratio of VEON (0.85) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 458.82% over the past year.
The Earnings Per Share has been growing by 28.61% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 6.74% in the past year.
Measured over the past years, VEON shows a decrease in Revenue. The Revenue has been decreasing by -5.40% on average per year.
EPS 1Y (TTM)458.82%
EPS 3YN/A
EPS 5Y28.61%
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 56.28% on average over the next years. This is a very strong growth
Based on estimates for the next years, VEON will show a very negative growth in Revenue. The Revenue will decrease by -11.49% on average per year.
EPS Next Y757.61%
EPS Next 2Y-41.75%
EPS Next 3Y67.22%
EPS Next 5Y56.28%
Revenue Next Year2.47%
Revenue Next 2Y3.67%
Revenue Next 3Y-23.28%
Revenue Next 5Y-11.49%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.13, which indicates a rather expensive current valuation of VEON.
VEON's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.59. VEON is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 163.63, which means the current valuation is very expensive for VEON.
Based on the Price/Forward Earnings ratio, VEON is valued expensively inside the industry as 86.36% of the companies are valued cheaper.
When comparing the Price/Forward Earnings ratio of VEON to the average of the S&P500 Index (24.03), we can say VEON is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.13 | ||
| Fwd PE | 163.63 |
4.2 Price Multiples
VEON's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VEON is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.94 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of VEON may justify a higher PE ratio.
A more expensive valuation may be justified as VEON's earnings are expected to grow with 67.22% in the coming years.
PEG (NY)0.03
PEG (5Y)0.7
EPS Next 2Y-41.75%
EPS Next 3Y67.22%
5. Dividend
5.1 Amount
VEON does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:VEON (12/24/2025, 8:05:29 PM)
52.75
+0.22 (+0.41%)
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 Cap3.73B
Revenue(TTM)4.23B
Net Income(TTM)984.00M
Analysts82.5
Price TargetN/A
Short Float %9.36%
Short Ratio2.51
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-297.32%
EPS NY rev (1m)-19.87%
EPS NY rev (3m)63.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.13 | ||
| Fwd PE | 163.63 | ||
| P/S | 0.9 | ||
| P/FCF | 2.94 | ||
| P/OCF | 3.02 | ||
| P/B | 2.85 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)2.62
EY4.97%
EPS(NY)0.32
Fwd EY0.61%
FCF(TTM)17.93
FCFY34%
OCF(TTM)17.47
OCFY33.11%
SpS58.71
BVpS18.48
TBVpS-3.5
PEG (NY)0.03
PEG (5Y)0.7
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
WACC8.42%
ROIC/WACC1.56
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)458.82%
EPS 3YN/A
EPS 5Y28.61%
EPS Q2Q%-116%
EPS Next Y757.61%
EPS Next 2Y-41.75%
EPS Next 3Y67.22%
EPS Next 5Y56.28%
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 Year78.09%
EBIT Next 3Y28.19%
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 for VEON stock?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the expected EPS growth for VEON stock?
The Earnings per Share (EPS) of VEON LTD (VEON) is expected to grow by 757.61% in the next year.
Is the dividend of VEON LTD sustainable?
The dividend rating of VEON LTD (VEON) is 0 / 10 and the dividend payout ratio is 0%.