52.7 USD
+1.2 (+2.33%)
52.7 USD
0 (0%)
Overall VEON gets a fundamental rating of 5 out of 10. We evaluated VEON against 22 industry peers in the Wireless Telecommunication Services industry. VEON scores excellent on profitability, but there are concerns on its financial health. VEON is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
VEON had positive earnings in the past year.
In the past year VEON had a positive cash flow from operations.
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
VEON has a better Return On Assets (11.63%) than 100.00% of its industry peers.
VEON has a Return On Equity of 75.34%. This is amongst the best in the industry. VEON outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.11%, VEON belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for VEON is above the industry average of 6.45%.
The 3 year average ROIC (11.44%) for VEON is below the current ROIC(13.11%), indicating increased profibility in the last year.
| 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
VEON has a better Profit Margin (23.72%) than 95.45% of its industry peers.
VEON's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 25.22%, VEON belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
VEON's Operating Margin has been stable in the last couple of years.
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.
In the last couple of years the Gross Margin of VEON has grown nicely.
| 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
VEON has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for VEON has been increased compared to 1 year ago.
The number of shares outstanding for VEON has been increased compared to 5 years ago.
VEON has a better debt/assets ratio than last year.
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.
Looking at the Altman-Z score, with a value of 0.35, VEON is doing worse than 72.73% of the companies in the same industry.
The Debt to FCF ratio of VEON is 3.88, which is a good value as it means it would take VEON, 3.88 years of fcf income to pay off all of its debts.
VEON has a Debt to FCF ratio of 3.88. This is in the better half of the industry: VEON outperforms 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.
VEON has a worse Debt to Equity ratio (2.95) than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.95 | ||
| Debt/FCF | 3.88 | ||
| Altman-Z | 0.35 |
ROIC/WACC1.56
WACC8.42%
2.3 Liquidity
A Current Ratio of 0.86 indicates that VEON may have some problems paying its short term obligations.
The Current ratio of VEON (0.86) is comparable to the rest of the 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.
The Quick ratio of VEON (0.85) 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
VEON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 458.82%, which is quite impressive.
Measured over the past years, VEON shows a very strong growth in Earnings Per Share. The EPS has been growing by 28.61% on average per year.
Looking at the last year, VEON shows a small growth in Revenue. The Revenue has grown by 6.74% in the last year.
Measured over the past years, VEON shows a decrease in Revenue. The Revenue has been decreasing by -5.40% on average per year.
EPS 1Y (TTM)458.82%
EPS 3YN/A
EPS 5Y28.61%
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
Based on estimates for the next years, VEON will show a very strong growth in Earnings Per Share. The EPS will grow by 56.28% on average per year.
VEON is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -11.49% yearly.
EPS Next Y757.61%
EPS Next 2Y-41.75%
EPS Next 3Y67.22%
EPS Next 5Y56.28%
Revenue Next Year2.47%
Revenue Next 2Y3.67%
Revenue Next 3Y-23.28%
Revenue Next 5Y-11.49%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 20.11, VEON is valued on the expensive side.
VEON's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.61. VEON is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 163.47, the valuation of VEON can be described as expensive.
Based on the Price/Forward Earnings ratio, VEON is valued expensively inside the industry as 86.36% of the companies are valued cheaper.
The average S&P500 Price/Forward Earnings ratio is at 24.01. VEON is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.11 | ||
| Fwd PE | 163.47 |
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.
The excellent profitability rating of VEON may justify a higher PE ratio.
A more expensive valuation may be justified as VEON's earnings are expected to grow with 67.22% in the coming years.
PEG (NY)0.03
PEG (5Y)0.7
EPS Next 2Y-41.75%
EPS Next 3Y67.22%
5. Dividend
5.1 Amount
VEON does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
52.7
+1.2 (+2.33%)
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 Target65.93 (25.1%)
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-297.32%
EPS NY rev (1m)-19.87%
EPS NY rev (3m)63.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.11 | ||
| Fwd PE | 163.47 | ||
| 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
FCFY34.03%
OCF(TTM)17.47
OCFY33.14%
SpS58.71
BVpS18.48
TBVpS-3.5
PEG (NY)0.03
PEG (5Y)0.7
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
WACC8.42%
ROIC/WACC1.56
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)458.82%
EPS 3YN/A
EPS 5Y28.61%
EPS Q2Q%-116%
EPS Next Y757.61%
EPS Next 2Y-41.75%
EPS Next 3Y67.22%
EPS Next 5Y56.28%
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 Year78.09%
EBIT Next 3Y28.19%
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 757.61% 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%.