12.56 USD
+0.06 (+0.48%)
12.62 USD
+0.06 (+0.48%)
Taking everything into account, VOD scores 4 out of 10 in our fundamental rating. VOD was compared to 22 industry peers in the Wireless Telecommunication Services industry. VOD scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. VOD has a correct valuation and a medium 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.
VOD had positive earnings in 4 of the past 5 years.
VOD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VOD (-3.24%) is worse than 81.82% of its industry peers.
The Return On Equity of VOD (-7.90%) is worse than 81.82% of its industry peers.
VOD has a Return On Invested Capital (3.69%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for VOD is below the industry average of 6.44%.
The last Return On Invested Capital (3.69%) for VOD is above the 3 year average (2.95%), which is a sign of increasing profitability.
| 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
Looking at the Operating Margin, with a value of 13.19%, VOD is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
VOD's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 33.43%, VOD is not doing good in the industry: 77.27% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of VOD has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VOD is destroying value.
The number of shares outstanding for VOD has been reduced compared to 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.
VOD has a debt to FCF ratio of 6.13. This is a slightly negative value and a sign of low solvency as VOD would need 6.13 years to pay back of all of its debts.
VOD's Debt to FCF ratio of 6.13 is in line compared to the rest of the industry. VOD outperforms 54.55% of its industry peers.
VOD has a Debt/Equity ratio of 0.87. This is a neutral value indicating VOD is somewhat dependend on debt financing.
VOD has a Debt to Equity ratio (0.87) which is in line with its industry peers.
| 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
VOD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.33%.
Measured over the past 5 years, VOD shows a small growth in Earnings Per Share. The EPS has been growing by 6.62% on average per year.
The Revenue has been growing slightly by 1.99% in the past year.
The Revenue has been decreasing by -3.60% on average over the past years.
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
VOD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.41% yearly.
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
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
Based on the Price/Earnings ratio of 12.69, the valuation of VOD can be described as correct.
86.36% of the companies in the same industry are more expensive than VOD, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.59, VOD is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.86, 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 23.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.69 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VOD is valued 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 | 2.97 | ||
| EV/EBITDA | 3.37 |
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)1.92
EPS Next 2Y11.08%
EPS Next 3Y10.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.12%, VOD is a good candidate for dividend investing.
VOD's Dividend Yield is comparable with the industry average which is at 5.54.
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%
12.56
+0.06 (+0.48%)
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 Cap29.94B
Revenue(TTM)37.45B
Net Income(TTM)-4.17B
Analysts54.81
Price Target12.37 (-1.51%)
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 | 12.69 | ||
| Fwd PE | 11.86 | ||
| P/S | 0.69 | ||
| P/FCF | 2.97 | ||
| P/OCF | 1.67 | ||
| P/B | 0.49 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 3.37 |
EPS(TTM)0.99
EY7.88%
EPS(NY)1.06
Fwd EY8.43%
FCF(TTM)4.23
FCFY33.7%
OCF(TTM)7.5
OCFY59.73%
SpS18.28
BVpS25.74
TBVpS9.42
PEG (NY)1.7
PEG (5Y)1.92
Graham Number23.95
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.