VODAFONE GROUP PLC-SP ADR (VOD) Fundamental Analysis & Valuation

NASDAQ:VOD • US92857W3088

14.675 USD
-0.35 (-2.36%)
Last: Mar 5, 2026, 11:08 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This VOD fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

VOD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 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 decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

3

1. VOD Profitability Analysis

1.1 Basic Checks

  • In the past year VOD was profitable.
  • In the past year VOD had a positive cash flow from operations.
  • Of the past 5 years VOD 4 years were profitable.
  • 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

  • VOD has a worse Return On Assets (-3.24%) 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 (3.60%) which is comparable to the rest of the industry.
  • VOD had an Average Return On Invested Capital over the past 3 years of 2.95%. This is below the industry average of 7.01%.
  • 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.
  • In the last couple of years the Operating Margin of VOD has declined.
  • With a Gross Margin value of 33.43%, VOD is not doing good in the industry: 81.82% of the companies in the same industry are doing better.
  • VOD's Gross Margin has been stable in the last couple of years.
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. VOD Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VOD is destroying value.
  • Compared to 1 year ago, VOD has less shares outstanding
  • The number of shares outstanding for VOD has been reduced compared to 5 years ago.
  • The debt/assets ratio for VOD is higher compared to a year ago.
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 -0.65. This is a bad value and indicates that VOD is not financially healthy and even has some risk of bankruptcy.
  • VOD's Altman-Z score of -0.65 is on the low side compared to the rest of the industry. VOD is outperformed by 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 has a Debt to FCF ratio (6.51) which is in line with 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.
  • With a Debt to Equity ratio value of 0.86, VOD perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 6.51
Altman-Z -0.65
ROIC/WACC0.6
WACC6%
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

  • A Current Ratio of 1.16 indicates that VOD should not have too much problems paying its short term obligations.
  • VOD's Current ratio of 1.16 is fine compared to the rest of the industry. VOD outperforms 68.18% of its industry peers.
  • A Quick Ratio of 1.13 indicates that VOD should not have too much problems paying its short term obligations.
  • VOD's Quick ratio of 1.13 is fine compared to the rest of the industry. VOD outperforms 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

More info and screens

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

4

3. VOD Growth Analysis

3.1 Past

  • VOD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.33%.
  • VOD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.27% yearly.
  • The Revenue has been growing slightly by 1.99% in the past year.
  • Measured over the past years, VOD shows a decrease in Revenue. The Revenue has been decreasing by -3.60% on average per year.
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

  • Based on estimates for the next years, VOD will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.32% on average per year.
  • Based on estimates for the next years, VOD will show a small growth in Revenue. The Revenue will grow by 2.37% on average per year.
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

  • 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.
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

More info and screens

Find the best growth stocksShow best growing peers

6

4. VOD Valuation Analysis

4.1 Price/Earnings Ratio

  • VOD is valuated correctly with a Price/Earnings ratio of 15.13.
  • Compared to the rest of the industry, the Price/Earnings ratio of VOD indicates a rather cheap valuation: VOD is cheaper than 81.82% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of VOD to the average of the S&P500 Index (27.03), we can say VOD is valued slightly cheaper.
  • VOD is valuated correctly with a Price/Forward Earnings ratio of 12.33.
  • Based on the Price/Forward Earnings ratio, VOD is valued a bit cheaper than 68.18% of the companies in the same industry.
  • VOD is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15.13
Fwd PE 12.33
VOD Price Earnings VS Forward Price EarningsVOD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

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.
  • 95.45% of the companies in the same industry are more expensive than VOD, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 3.72
EV/EBITDA 3.66
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

  • VOD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.66
PEG (5Y)2.41
EPS Next 2Y10.71%
EPS Next 3Y11.8%

More info and screens

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

3

5. VOD Dividend Analysis

5.1 Amount

  • VOD has a Yearly Dividend Yield of 3.50%.
  • Compared to an average industry Dividend Yield of 6.63, 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 1.82.
Industry RankSector Rank
Dividend Yield 3.5%

5.2 History

  • The dividend of VOD decreases each year by -4.17%.
  • VOD has paid a dividend for at least 10 years, which is 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

  • VOD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
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

VOD Fundamentals: All Metrics, Ratios and Statistics

VODAFONE GROUP PLC-SP ADR

NASDAQ:VOD (3/5/2026, 11:08:07 AM)

14.675

-0.35 (-2.36%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-12
Inst Owners61.35%
Inst Owner Change-7.27%
Ins Owners0.84%
Ins Owner ChangeN/A
Market Cap34.27B
Revenue(TTM)37.45B
Net Income(TTM)-4.17B
Analysts70.71
Price Target14.31 (-2.49%)
Short Float %0.52%
Short Ratio2.07
Dividend
Industry RankSector Rank
Dividend Yield 3.5%
Yearly Dividend0.86
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)8.94%
PT rev (3m)21.34%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.38%
EPS NY rev (3m)-3.69%
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 15.13
Fwd PE 12.33
P/S 0.79
P/FCF 3.72
P/OCF 1.99
P/B 0.56
P/tB 1.76
EV/EBITDA 3.66
EPS(TTM)0.97
EY6.61%
EPS(NY)1.19
Fwd EY8.11%
FCF(TTM)3.94
FCFY26.87%
OCF(TTM)7.39
OCFY50.38%
SpS18.68
BVpS26.35
TBVpS8.34
PEG (NY)1.66
PEG (5Y)2.41
Graham Number23.98
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 -0.65
F-Score6
WACC6%
ROIC/WACC0.6
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 Year168.9%
EBIT Next 3Y47.36%
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 5 / 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%.