12.54 USD
-0.02 (-0.16%)
12.7 USD
+0.16 (+1.28%)
We assign a fundamental rating of 4 out of 10 to VOD. VOD was compared to 22 industry peers in the Wireless Telecommunication Services industry. The financial health of VOD is average, but there are quite some concerns on its profitability. VOD is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
VOD had positive earnings in the past year.
VOD had a positive operating cash flow in the past year.
Of the past 5 years VOD 4 years were profitable.
Each year in the past 5 years VOD had a positive operating cash flow.
1.2 Ratios
The Return On Assets of VOD (-3.24%) is worse than 81.82% of its industry peers.
Looking at the Return On Equity, with a value of -7.90%, VOD is doing worse than 81.82% of the companies in the same industry.
VOD has a Return On Invested Capital of 3.69%. This is comparable to the rest of the industry: VOD outperforms 45.45% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VOD is below the industry average of 6.44%.
The 3 year average ROIC (2.95%) for VOD is below the current ROIC(3.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.24% | ||
| ROE | -7.9% | ||
| ROIC | 3.69% |
ROA(3y)1.72%
ROA(5y)1.33%
ROE(3y)4.22%
ROE(5y)3.37%
ROIC(3y)2.95%
ROIC(5y)3.04%
1.3 Margins
The Operating Margin of VOD (13.19%) is better than 63.64% of its industry peers.
In the last couple of years the Operating Margin of VOD has declined.
The Gross Margin of VOD (33.43%) is worse than 77.27% of its industry peers.
VOD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.19% | ||
| PM (TTM) | N/A | ||
| GM | 33.43% |
OM growth 3Y3.5%
OM growth 5Y-6.47%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.51%
GM growth 5Y1.02%
2. Health
2.1 Basic Checks
VOD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
VOD has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, VOD has less shares outstanding
The debt/assets ratio for VOD is higher compared to a year ago.
2.2 Solvency
VOD has an Altman-Z score of -0.67. This is a bad value and indicates that VOD is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.67, VOD is doing worse than 81.82% of the companies in the same industry.
The Debt to FCF ratio of VOD is 6.13, which is on the high side as it means it would take VOD, 6.13 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.13, VOD perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
A Debt/Equity ratio of 0.87 indicates that VOD is somewhat dependend on debt financing.
VOD has a Debt to Equity ratio (0.87) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 6.13 | ||
| Altman-Z | -0.67 |
ROIC/WACC0.64
WACC5.8%
2.3 Liquidity
VOD has a Current Ratio of 1.26. This is a normal value and indicates that VOD is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of VOD (1.26) is better than 81.82% of its industry peers.
A Quick Ratio of 1.23 indicates that VOD should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.23, VOD belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.33% over the past year.
VOD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.62% yearly.
The Revenue has been growing slightly by 1.99% in the past year.
VOD shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.60% yearly.
EPS 1Y (TTM)5.33%
EPS 3Y-10.45%
EPS 5Y6.62%
EPS Q2Q%-35.56%
Revenue 1Y (TTM)1.99%
Revenue growth 3Y-6.34%
Revenue growth 5Y-3.6%
Sales Q2Q%29.72%
3.2 Future
The Earnings Per Share is expected to grow by 13.41% on average over the next years. This is quite good.
Based on estimates for the next years, VOD will show a small growth in Revenue. The Revenue will grow by 1.73% on average per year.
EPS Next Y7.45%
EPS Next 2Y11.08%
EPS Next 3Y10.74%
EPS Next 5Y13.41%
Revenue Next Year6.46%
Revenue Next 2Y4.41%
Revenue Next 3Y3.22%
Revenue Next 5Y1.73%
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.
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
A Price/Earnings ratio of 12.67 indicates a correct valuation of VOD.
Based on the Price/Earnings ratio, VOD is valued cheaper than 86.36% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.76, VOD is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.76, the valuation of VOD can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as VOD.
VOD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.67 | ||
| Fwd PE | 11.76 |
4.2 Price Multiples
VOD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VOD is cheaper than 90.91% of the companies in the same industry.
VOD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VOD is cheaper than 95.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.94 | ||
| EV/EBITDA | 3.35 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.7
PEG (5Y)1.91
EPS Next 2Y11.08%
EPS Next 3Y10.74%
5. Dividend
5.1 Amount
VOD has a Yearly Dividend Yield of 4.12%, which is a nice return.
Compared to an average industry Dividend Yield of 5.54, VOD has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, VOD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
5.2 History
The dividend of VOD decreases each year by -4.17%.
VOD has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-4.17%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
VOD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-42.86%
EPS Next 2Y11.08%
EPS Next 3Y10.74%
12.54
-0.02 (-0.16%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners59.71%
Inst Owner Change-2.98%
Ins Owners0.82%
Ins Owner ChangeN/A
Market Cap29.89B
Revenue(TTM)37.45B
Net Income(TTM)-4.17B
Analysts54.81
Price Target12.37 (-1.36%)
Short Float %0.51%
Short Ratio1.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
Yearly Dividend0.86
Dividend Growth(5Y)-4.17%
DP-42.86%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)6.58%
PT rev (3m)6.89%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.5%
EPS NY rev (3m)-0.94%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.67 | ||
| Fwd PE | 11.76 | ||
| P/S | 0.68 | ||
| P/FCF | 2.94 | ||
| P/OCF | 1.66 | ||
| P/B | 0.48 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 3.35 |
EPS(TTM)0.99
EY7.89%
EPS(NY)1.07
Fwd EY8.5%
FCF(TTM)4.26
FCFY33.99%
OCF(TTM)7.55
OCFY60.24%
SpS18.4
BVpS25.92
TBVpS9.49
PEG (NY)1.7
PEG (5Y)1.91
Graham Number24.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.24% | ||
| ROE | -7.9% | ||
| ROCE | 4.67% | ||
| ROIC | 3.69% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 7.24% | ||
| OM | 13.19% | ||
| PM (TTM) | N/A | ||
| GM | 33.43% | ||
| FCFM | 23.16% |
ROA(3y)1.72%
ROA(5y)1.33%
ROE(3y)4.22%
ROE(5y)3.37%
ROIC(3y)2.95%
ROIC(5y)3.04%
ROICexc(3y)3.44%
ROICexc(5y)3.51%
ROICexgc(3y)5.61%
ROICexgc(5y)6.14%
ROCE(3y)3.86%
ROCE(5y)3.97%
ROICexgc growth 3Y-3.2%
ROICexgc growth 5Y-6.95%
ROICexc growth 3Y3.53%
ROICexc growth 5Y-4.45%
OM growth 3Y3.5%
OM growth 5Y-6.47%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.51%
GM growth 5Y1.02%
F-Score6
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 6.13 | ||
| Debt/EBITDA | 2.93 | ||
| Cap/Depr | 62% | ||
| Cap/Sales | 17.89% | ||
| Interest Coverage | 1.83 | ||
| Cash Conversion | 97.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | -0.67 |
F-Score6
WACC5.8%
ROIC/WACC0.64
Cap/Depr(3y)65.18%
Cap/Depr(5y)64.45%
Cap/Sales(3y)18.91%
Cap/Sales(5y)19.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.33%
EPS 3Y-10.45%
EPS 5Y6.62%
EPS Q2Q%-35.56%
EPS Next Y7.45%
EPS Next 2Y11.08%
EPS Next 3Y10.74%
EPS Next 5Y13.41%
Revenue 1Y (TTM)1.99%
Revenue growth 3Y-6.34%
Revenue growth 5Y-3.6%
Sales Q2Q%29.72%
Revenue Next Year6.46%
Revenue Next 2Y4.41%
Revenue Next 3Y3.22%
Revenue Next 5Y1.73%
EBIT growth 1Y33.65%
EBIT growth 3Y-3.06%
EBIT growth 5Y-9.83%
EBIT Next Year168.72%
EBIT Next 3Y44.24%
EBIT Next 5Y23.96%
FCF growth 1Y-10.55%
FCF growth 3Y-1.3%
FCF growth 5Y-2.36%
OCF growth 1Y-7.15%
OCF growth 3Y-5.26%
OCF growth 5Y-2.42%
VODAFONE GROUP PLC-SP ADR / VOD FAQ
What is the fundamental rating for VOD stock?
ChartMill assigns a fundamental rating of 4 / 10 to VOD.
Can you provide the valuation status for VODAFONE GROUP PLC-SP ADR?
ChartMill assigns a valuation rating of 6 / 10 to VODAFONE GROUP PLC-SP ADR (VOD). This can be considered as Fairly Valued.
How profitable is VODAFONE GROUP PLC-SP ADR (VOD) stock?
VODAFONE GROUP PLC-SP ADR (VOD) has a profitability rating of 3 / 10.
How financially healthy is VODAFONE GROUP PLC-SP ADR?
The financial health rating of VODAFONE GROUP PLC-SP ADR (VOD) is 4 / 10.
What is the expected EPS growth for VODAFONE GROUP PLC-SP ADR (VOD) stock?
The Earnings per Share (EPS) of VODAFONE GROUP PLC-SP ADR (VOD) is expected to grow by 7.45% in the next year.