VEON Ltd

Company Profile

VEON Ltd had its IPO on 1996-11-20 under the ticker symbol VEON.

The company operates in the Communication Services sector and Telecom Services industry. VEON Ltd has a staff strength of 44,586 employees.

Stock update

Shares of VEON Ltd opened at $17.49 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $17.02 - $17.8, and closed at $17.5.

This is a -2.34% slip from the previous day's closing price.

A total volume of 69,389 shares were traded at the close of the day’s session.

In the last one week, shares of VEON Ltd have increased by +9.38%.

VEON Ltd's Key Ratios

VEON Ltd has a market cap of $1.17 billion, indicating a price to book ratio of 1.539 and a price to sales ratio of 0.1196.

In the last 12-months VEON Ltd’s revenue was $7.89 billion with a gross profit of $5.91 billion and an EBITDA of $2.86 billion. The EBITDA ratio measures VEON Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, VEON Ltd’s operating margin was 18.89% while its return on assets stood at 5.74% with a return of equity of 26.53%.

In Q2, VEON Ltd’s quarterly earnings growth was a positive 33.3% while revenue growth was a positive 5.6%.

VEON Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

2.3612

PEG

-0.63

Its diluted EPS in the last 12-months stands at $7.09 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.63. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into VEON Ltd’s profitability.

VEON Ltd stock is trading at a EV to sales ratio of 1.3994 and a EV to EBITDA ratio of 2.989. Its price to sales ratio in the trailing 12-months stood at 0.1196.

VEON Ltd stock pays annual dividends of $0 per share, indicating a yield of 17.44% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$17.69 billion

Total Liabilities

$6.51 billion

Operating Cash Flow

$-765000000.00

Capital Expenditure

$722 million

Dividend Payout Ratio

0%

VEON Ltd ended 2023 with $17.69 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $17.69 billion while shareholder equity stood at $591.00 million.

VEON Ltd ended 2023 with $0 in deferred long-term liabilities, $6.51 billion in other current liabilities, 2000000.00 in common stock, $-1127000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $2.34 billion and cash and short-term investments were $2.45 billion. The company’s total short-term debt was $3,142,000,000 while long-term debt stood at $0.

VEON Ltd’s total current assets stands at $5.70 billion while long-term investments were $125.00 million and short-term investments were $113.00 million. Its net receivables were $877.00 million compared to accounts payable of $1.87 billion and inventory worth $115.00 million.

In 2023, VEON Ltd's operating cash flow was $-765000000.00 while its capital expenditure stood at $722 million.

Comparatively, VEON Ltd paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$17.5

52-Week High

$20.9725

52-Week Low

$7.45

Analyst Target Price

$2.7

VEON Ltd stock is currently trading at $17.5 per share. It touched a 52-week high of $20.9725 and a 52-week low of $20.9725. Analysts tracking the stock have a 12-month average target price of $2.7.

Its 50-day moving average was $16.37 and 200-day moving average was $12.37 The short ratio stood at 0.97 indicating a short percent outstanding of 0%.

Around 5640.4% of the company’s stock are held by insiders while 2091.7% are held by institutions.