52.67 USD
-0.08 (-0.15%)
52.1 USD
-0.57 (-1.08%)
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 correctly, 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.
The reported net income has been mixed in the past 5 years: VEON reported negative net income in multiple years.
VEON had a positive operating cash flow in each of the past 5 years.
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 has a better Return On Equity (75.34%) than 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
The Profit Margin of VEON (23.72%) is better than 95.45% of its industry peers.
In the last couple of years the Profit Margin of VEON has grown nicely.
VEON's Operating Margin of 25.22% is amongst the best of the industry. VEON outperforms 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.
With an excellent Gross Margin value of 87.75%, VEON belongs to the best 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 | 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VEON is creating some value.
VEON has more shares outstanding than it did 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.
With a Altman-Z score value of 0.35, VEON is not doing good in the industry: 72.73% of the companies in the same industry are doing better.
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.
The Debt to FCF ratio of VEON (3.88) is better than 63.64% of its industry peers.
VEON has a Debt/Equity ratio of 2.95. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.95, VEON is not doing good in the industry: 81.82% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.95 | ||
| Debt/FCF | 3.88 | ||
| Altman-Z | 0.35 |
ROIC/WACC1.67
WACC7.84%
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.
With a Current ratio value of 0.86, VEON perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
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 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 35.29% over the past year.
VEON shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.16% yearly.
The Revenue has been growing slightly by 6.74% in the past year.
VEON shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -5.40% yearly.
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
VEON is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.94% yearly.
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 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
The Price/Earnings ratio is 20.10, which indicates a rather expensive current valuation of VEON.
Based on the Price/Earnings ratio, VEON is valued a bit cheaper than 63.64% of the companies in the same industry.
VEON's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.92.
A Price/Forward Earnings ratio of 163.38 indicates a quite expensive valuation of VEON.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VEON indicates a rather expensive valuation: VEON more expensive than 86.36% of the companies listed in the same industry.
VEON's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.1 | ||
| Fwd PE | 163.38 |
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 | 2.94 | ||
| 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.
VEON has an outstanding profitability rating, which may justify a higher PE ratio.
VEON's earnings are expected to decrease with -8.24% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.48
PEG (5Y)N/A
EPS Next 2Y-76.32%
EPS Next 3Y-8.24%
5. Dividend
5.1 Amount
No dividends for VEON!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
52.67
-0.08 (-0.15%)
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 Cap3.72B
Revenue(TTM)4.23B
Net Income(TTM)984.00M
Analysts82.5
Price Target72.22 (37.12%)
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)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 | 20.1 | ||
| Fwd PE | 163.38 | ||
| 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
FCFY34.05%
OCF(TTM)17.47
OCFY33.16%
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
WACC7.84%
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 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 41.69% 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%.