Vodafone Group Valuation

Q: What is the Fair Price of V1OD34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

V1OD34 (R$27.58) is trading below our estimate of [[fair value]] (R$62.1)

Is V1OD34 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of V1OD34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: V1OD34 (R$27.58) is trading below our estimate of fair value (R$62.1)

Significantly Below Fair Value: V1OD34 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for V1OD34?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for V1OD34. This is calculated by dividing V1OD34's market cap by their current preferred multiple.
What is V1OD34's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	n/a

V1OD34 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2x
Enterprise Value/EBITDA	8.7x
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

How does V1OD34's PE Ratio compare to its peers?

The above table shows the PE ratio for V1OD34 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	18.1x
TIMS3 TIM	12.1x	12.2%	R$38.9b
VIVT3 Telefônica Brasil	15.8x	14.3%	R$87.1b
ADVANC Advanced Info Service	25.6x	10.0%	฿841.7b
600050 China United Network Communications	18.9x	10.1%	CN¥165.0b
V1OD34 Vodafone Group	18.8x	21.9%	R$18.8b

Price-To-Earnings vs Peers: V1OD34 is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the peer average (18.1x).

Price to Earnings Ratio vs Industry

How does V1OD34's PE Ratio compare vs other companies in the Global Wireless Telecom Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	15.0%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	15.0%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: V1OD34 is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the Global Wireless Telecom industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is V1OD34's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

V1OD34 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18.8x
Fair PE Ratio	14.4x

Price-To-Earnings vs Fair Ratio: V1OD34 is expensive based on its Price-To-Earnings Ratio (18.8x) compared to the estimated Fair Price-To-Earnings Ratio (14.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.