53.415 USD
+1.41 (+2.72%)
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 scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
Each year in the past 5 years VEON had a positive operating cash flow.
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.
Looking at the Return On Invested Capital, with a value of 11.26%, VEON belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for VEON is significantly above the industry average of 6.24%.
| 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 better Profit Margin (15.24%) than 90.91% of its industry peers.
In the last couple of years the Profit Margin of VEON has grown nicely.
VEON has a Operating Margin of 22.43%. This is in the better half of the industry: VEON outperforms 77.27% 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 88.24%, VEON belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
VEON's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VEON is creating some value.
The number of shares outstanding for VEON has been increased compared to 1 year ago.
Compared to 5 years ago, VEON has more shares outstanding
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.
VEON has a Altman-Z score of 0.30. This is in the lower half of the industry: VEON underperforms 72.73% of its industry peers.
The Debt to FCF ratio of VEON is 4.13, which is a neutral value as it means it would take VEON, 4.13 years of fcf income to pay off all of its debts.
VEON's Debt to FCF ratio of 4.13 is fine compared to the rest of the industry. VEON outperforms 68.18% 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.
The Debt to Equity ratio of VEON (2.92) is worse than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.92 | ||
| Debt/FCF | 4.13 | ||
| Altman-Z | 0.3 |
ROIC/WACC1.37
WACC8.19%
2.3 Liquidity
A Current Ratio of 0.95 indicates that VEON may have some problems paying its short term obligations.
VEON has a Current ratio of 0.95. This is comparable to the rest of the industry: VEON outperforms 59.09% of its industry peers.
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
VEON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 120.14%, which is quite impressive.
Measured over the past years, VEON shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.57% on average per year.
VEON shows a small growth in Revenue. In the last year, the Revenue has grown by 6.74%.
The Revenue for VEON have been decreasing by -14.69% on average. This is quite bad
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
Based on estimates for the next years, VEON will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.44% on average per year.
The Revenue is expected to grow by 6.47% on average over the next years.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.39, which indicates a rather expensive current valuation of VEON.
63.64% of the companies in the same industry are more expensive than VEON, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.30. VEON is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 7.08 indicates a rather cheap valuation of VEON.
VEON's Price/Forward Earnings ratio is rather cheap when compared to the industry. VEON is cheaper than 95.45% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of VEON to the average of the S&P500 Index (24.04), we can say VEON is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.39 | ||
| Fwd PE | 7.08 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, VEON is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.03 | ||
| 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.
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 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 (1/13/2026, 8:00:01 PM)
53.415
+1.41 (+2.72%)
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 Cap3.77B
Revenue(TTM)4.23B
Net Income(TTM)644.00M
Analysts82.5
Price Target72.22 (35.21%)
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 | 20.39 | ||
| Fwd PE | 7.08 | ||
| P/S | 0.89 | ||
| P/FCF | 3.03 | ||
| P/OCF | 3.04 | ||
| P/B | 2.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)2.62
EY4.9%
EPS(NY)7.54
Fwd EY14.12%
FCF(TTM)17.64
FCFY33.02%
OCF(TTM)17.55
OCFY32.86%
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
WACC8.19%
ROIC/WACC1.37
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 20.39 and the Price/Book (PB) ratio is 2.73.
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.