VODAFONE GROUP PLC-SP ADR (VOD) Stock Fundamental Analysis

NASDAQ:VOD • US92857W3088

15.5 USD
-0.36 (-2.27%)
Last: Feb 26, 2026, 10:52 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

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. While VOD seems to be doing ok healthwise, there are quite some concerns on its profitability. VOD has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year VOD was profitable.
  • VOD had a positive operating cash flow in the past year.
  • VOD had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years VOD had a positive operating cash flow.
VOD Yearly Net Income VS EBIT VS OCF VS FCFVOD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B 10B 15B

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 -7.89%, VOD is doing worse than 81.82% of the companies in the same industry.
  • VOD has a Return On Invested Capital of 3.60%. This is comparable to the rest of the industry: VOD outperforms 40.91% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for VOD is below the industry average of 7.11%.
  • The last Return On Invested Capital (3.60%) for VOD is above the 3 year average (2.95%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -3.24%
ROE -7.89%
ROIC 3.6%
ROA(3y)1.72%
ROA(5y)1.33%
ROE(3y)4.22%
ROE(5y)3.37%
ROIC(3y)2.95%
ROIC(5y)3.04%
VOD Yearly ROA, ROE, ROICVOD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10

1.3 Margins

  • VOD has a Operating Margin (13.19%) which is comparable to the rest of the industry.
  • VOD's Operating Margin has declined in the last couple of years.
  • The Gross Margin of VOD (33.43%) is worse than 81.82% of its industry peers.
  • In the last couple of years the Gross Margin of VOD has remained more or less at the same level.
Industry RankSector 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%
VOD Yearly Profit, Operating, Gross MarginsVOD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

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
  • Compared to 1 year ago, VOD has a worse debt to assets ratio.
VOD Yearly Shares OutstandingVOD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B
VOD Yearly Total Debt VS Total AssetsVOD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

2.2 Solvency

  • VOD has an Altman-Z score of -0.64. This is a bad value and indicates that VOD is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of VOD (-0.64) is worse than 72.73% of its industry peers.
  • VOD has a debt to FCF ratio of 6.51. This is a slightly negative value and a sign of low solvency as VOD would need 6.51 years to pay back of all of its debts.
  • VOD's Debt to FCF ratio of 6.51 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 0.86. This is a neutral value indicating VOD is somewhat dependend on debt financing.
  • VOD has a Debt to Equity ratio (0.86) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 6.51
Altman-Z -0.64
ROIC/WACC0.59
WACC6.07%
VOD Yearly LT Debt VS Equity VS FCFVOD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.3 Liquidity

  • VOD has a Current Ratio of 1.16. This is a normal value and indicates that VOD is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Current ratio value of 1.16, VOD is doing good in the industry, outperforming 68.18% of the companies in the same industry.
  • VOD has a Quick Ratio of 1.13. This is a normal value and indicates that VOD is financially healthy and should not expect problems in meeting its short term obligations.
  • VOD has a better Quick ratio (1.13) than 68.18% of its industry peers.
Industry RankSector Rank
Current Ratio 1.16
Quick Ratio 1.13
VOD Yearly Current Assets VS Current LiabilitesVOD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.33% over the past year.
  • The Earnings Per Share has been growing slightly by 6.27% on average over the past years.
  • VOD shows a small growth in Revenue. In the last year, the Revenue has grown by 1.99%.
  • 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 5Y6.27%
EPS Q2Q%-14.07%
Revenue 1Y (TTM)1.99%
Revenue growth 3Y-6.34%
Revenue growth 5Y-3.6%
Sales Q2Q%7.29%

3.2 Future

  • The Earnings Per Share is expected to grow by 13.32% on average over the next years. This is quite good.
  • VOD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.37% yearly.
EPS Next Y9.11%
EPS Next 2Y10.71%
EPS Next 3Y11.8%
EPS Next 5Y13.32%
Revenue Next Year6.6%
Revenue Next 2Y6.04%
Revenue Next 3Y4.73%
Revenue Next 5Y2.37%

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.
VOD Yearly Revenue VS EstimatesVOD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B 50B
VOD Yearly EPS VS EstimatesVOD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 15.82, VOD is valued correctly.
  • Based on the Price/Earnings ratio, VOD is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of VOD to the average of the S&P500 Index (27.05), we can say VOD is valued slightly cheaper.
  • With a Price/Forward Earnings ratio of 12.88, VOD is valued correctly.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of VOD indicates a somewhat cheap valuation: VOD is cheaper than 68.18% of the companies listed in the same industry.
  • VOD is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.03, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15.82
Fwd PE 12.88
VOD Price Earnings VS Forward Price EarningsVOD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, VOD is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of VOD indicates a rather cheap valuation: VOD is cheaper than 95.45% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 3.89
EV/EBITDA 3.74
VOD Per share dataVOD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

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)1.74
PEG (5Y)2.52
EPS Next 2Y10.71%
EPS Next 3Y11.8%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • VOD has a Yearly Dividend Yield of 3.50%.
  • Compared to an average industry Dividend Yield of 6.47, VOD has a dividend in line with its industry peers.
  • VOD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 3.5%

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
VOD Yearly Dividends per shareVOD Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • The earnings of VOD are negative and hence is the payout ratio. VOD will probably not be able to sustain this dividend level.
DP-27.44%
EPS Next 2Y10.71%
EPS Next 3Y11.8%
VOD Yearly Income VS Free CF VS DividendVOD Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B 10B

More info and screens

Find the best dividend stocksShow peers with best dividend

VODAFONE GROUP PLC-SP ADR

NASDAQ:VOD (2/26/2026, 10:52:57 AM)

15.5

-0.36 (-2.27%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-12
Inst Owners61.35%
Inst Owner Change-7.33%
Ins Owners0.84%
Ins Owner ChangeN/A
Market Cap36.20B
Revenue(TTM)37.45B
Net Income(TTM)-4.17B
Analysts70.71
Price Target14.11 (-8.97%)
Short Float %0.53%
Short Ratio2.06
Dividend
Industry RankSector Rank
Dividend Yield 3.5%
Yearly Dividend0.85
Dividend Growth(5Y)-4.17%
DP-27.44%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)7.41%
PT rev (3m)19.64%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.38%
EPS NY rev (3m)-3.58%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.52%
Valuation
Industry RankSector Rank
PE 15.82
Fwd PE 12.88
P/S 0.82
P/FCF 3.89
P/OCF 2.07
P/B 0.58
P/tB 1.84
EV/EBITDA 3.74
EPS(TTM)0.98
EY6.32%
EPS(NY)1.2
Fwd EY7.77%
FCF(TTM)3.99
FCFY25.74%
OCF(TTM)7.48
OCFY48.25%
SpS18.9
BVpS26.65
TBVpS8.44
PEG (NY)1.74
PEG (5Y)2.52
Graham Number24.24
Profitability
Industry RankSector Rank
ROA -3.24%
ROE -7.89%
ROCE 4.61%
ROIC 3.6%
ROICexc 4.11%
ROICexgc 6.63%
OM 13.19%
PM (TTM) N/A
GM 33.43%
FCFM 21.11%
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 RankSector Rank
Debt/Equity 0.86
Debt/FCF 6.51
Debt/EBITDA 2.76
Cap/Depr 59.99%
Cap/Sales 18.47%
Interest Coverage 2.24
Cash Conversion 90%
Profit Quality N/A
Current Ratio 1.16
Quick Ratio 1.13
Altman-Z -0.64
F-Score6
WACC6.07%
ROIC/WACC0.59
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 5Y6.27%
EPS Q2Q%-14.07%
EPS Next Y9.11%
EPS Next 2Y10.71%
EPS Next 3Y11.8%
EPS Next 5Y13.32%
Revenue 1Y (TTM)1.99%
Revenue growth 3Y-6.34%
Revenue growth 5Y-3.6%
Sales Q2Q%7.29%
Revenue Next Year6.6%
Revenue Next 2Y6.04%
Revenue Next 3Y4.73%
Revenue Next 5Y2.37%
EBIT growth 1Y33.65%
EBIT growth 3Y-3.06%
EBIT growth 5Y-9.83%
EBIT Next Year168.65%
EBIT Next 3Y45.04%
EBIT Next 5Y23.03%
FCF growth 1Y-7.75%
FCF growth 3Y-1.3%
FCF growth 5Y-2.36%
OCF growth 1Y-14.42%
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.


What is the valuation status of VODAFONE GROUP PLC-SP ADR (VOD) stock?

ChartMill assigns a valuation rating of 6 / 10 to VODAFONE GROUP PLC-SP ADR (VOD). This can be considered as Fairly Valued.


What is the profitability of VOD stock?

VODAFONE GROUP PLC-SP ADR (VOD) has a profitability rating of 3 / 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 9.11% in the next year.


Can you provide the dividend sustainability for VOD stock?

The dividend rating of VODAFONE GROUP PLC-SP ADR (VOD) is 3 / 10 and the dividend payout ratio is -27.44%.