Vodafone Group
Market Cap
UK£42.8b
Last Updated
2019/10/22 20:50 UTC
Data Sources
Company Financials +
Executive Summary
Vodafone Group Plc engages in telecommunication services in Europe and internationally.
Snowflake
Fundamentals
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has Vodafone Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.1%
VOD
0.3%
GB Wireless Telecom
0.08%
GB Market
1 Year Return
9.4%
VOD
9.4%
GB Wireless Telecom
3.5%
GB Market
Return vs Industry: VOD exceeded the UK Wireless Telecom industry which returned 9.4% over the past year.
Return vs Market: VOD exceeded the UK Market which returned 3.5% over the past year.
Shareholder returns
| VOD | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | 0.3% | 0.08% |
| 30 Day | 0.3% | 1.2% | -1.3% |
| 90 Day | 21.4% | 14.9% | -2.2% |
| 1 Year | 15.7%9.4% | 14.9%9.4% | 9.0%3.5% |
| 3 Year | -15.2%-29.2% | -3.8%-19.4% | 18.1%3.1% |
| 5 Year | 3.9%-21.4% | 11.8%-16.1% | 36.2%5.3% |
Price Volatility Vs. Market
How volatile is Vodafone Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Should You Be Worried About Insider Transactions At Vodafone Group Plc (LON:VOD)?1 month ago | Simply Wall St
Do Directors Own Vodafone Group Plc (LON:VOD) Shares?2 months ago | Simply Wall St
Vodafone Group Plc (LON:VOD) Investors Should Think About This Before Buying It For Its DividendValuation
Is Vodafone Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VOD (£1.6) is trading below our estimate of fair value (£3.61)
Significantly Below Fair Value: VOD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VOD is unprofitable, so we can't compare its PE Ratio to the Wireless Telecom industry average.
PE vs Market: VOD is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VOD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VOD is good value based on its PB Ratio (0.8x) compared to the XE Wireless Telecom industry average (2x).
Next Steps
Future Growth
How is Vodafone Group forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
31.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VOD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: VOD is forecast to become profitable over the next 3 year, which is considered above average market growth.
High Growth Earnings: VOD's loss is forecast to worsen by 0% next year.
Revenue vs Market: VOD's revenue (1.8% per year) is forecast to grow slower than the UK market (4% per year).
High Growth Revenue: VOD's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VOD's Return on Equity is forecast to be low in 3 years time (6.1%).
Next Steps
Past Performance
How has Vodafone Group performed over the past 5 years?
-45.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: VOD is unprofitable, and losses have increased over the past 5 years at a rate of -45.7% per year.
Accelerating Growth: Unable to compare VOD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VOD is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (-38.3%).
Return on Equity
High ROE: VOD has a negative Return on Equity (-6.48%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: VOD is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: VOD is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Vodafone Group's financial position?
Financial Position Analysis
Short Term Liabilities: VOD's short term assets (€39.6B) exceeds its short term liabilities (€25.5B)
Long Term Liabilities: VOD's short term assets (39.6B) do not cover its long term liabilities (53.9B)
Debt to Equity History and Analysis
Debt Level: VOD's debt to equity ratio (89.7%) is considered high
Reducing Debt: VOD's debt to equity ratio has increased from 40.7% to 89.7% over the past 5 years.
Debt Coverage: VOD's debt is well covered by operating cash flow (22.8%).
Interest Coverage: VOD is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Inventory Level: VOD has a low level of unsold assets or inventory.
Debt Coverage by Assets: VOD's debt is not covered by short term assets (assets are 0.7x debt).
Next Steps
Dividend
What is Vodafone Group's current dividend yield, its reliability and sustainability?
4.84%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: VOD's dividend (4.84%) is higher than the bottom 25% of dividend payers in the UK market (1.98%).
High Dividend: VOD's dividend (4.84%) is low compared to the top 25% of dividend payers in the UK market (5.37%).
Stable Dividend: VOD's dividend payments have been volatile in the past 10 years.
Growing Dividend: VOD's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: VOD is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: VOD's dividends in 3 years are forecast to be covered by earnings (72.2% payout ratio).
Next Steps
Management
What is the CEO of Vodafone Group's salary, the management and board of directors tenure and is there insider trading?
3.1yrs
Average management tenure
CEO
Nick Read (54yo)
1yrs
Tenure
€3,040,000
Compensation
Mr. Nicholas Jonathan Read, also known as Nick, serves as Chief Executive Officer since October 1, 2018 and has been its Executive Director. He serves as the Chief Executive Officer of Africa, Middle East ...
CEO Compensation Analysis
Compensation vs. Market: Nick has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the UK market.
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.1yrs
Average Tenure
53.5yo
Average Age
Experienced Management: VOD's management team is considered experienced (3.1 years average tenure).
Board Age and Tenure
4.4yrs
Average Tenure
60.5yo
Average Age
Experienced Board: VOD's board of directors are considered experienced (4.4 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 20,000 |
| Max Price | €1.32 |
| Entity | Individual |
| Shares | 316,329 |
| Max Price | €1.50 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 25,000 |
| Max Price | €1.58 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 30,000 |
| Max Price | €1.55 |
Ownership Breakdown
Management Team
Rosemary Elisabeth Martin (59yo)
Group General Counsel & Company Secretary
- Tenure: 9.5yrs
António Rui Lacerda Carrapatoso
Chief Executive Officer of Vodafone Portugal Operations
- Tenure: 0yrs
Nick Read (54yo)
CEO & Executive Director
- Tenure: 1yrs
- Compensation: €3.04m
Rob Mukherjee
Head of North West regional business
- Tenure: 7.6yrs
Johan Wibergh (56yo)
Group Technology Officer
- Tenure: 4.3yrs
Serpil Timuray (50yo)
Chief Executive Officer of Europe Cluster
- Tenure: 3yrs
Margherita Della Valle (53yo)
CFO & Director
- Tenure: 1.3yrs
- Compensation: €1.18m
Ahmed Essam
Group Chief Commercial & Strategy Officer
- Tenure: 3.1yrs
Leanne Wood (46yo)
Chief Human Resources Officer
- Tenure: 0.5yrs
Tony Bailey
Head of Regional Business
- Tenure: 7.6yrs
Board Members
Crispin Davis (69yo)
Independent Non-Executive Director
- Tenure: 5.3yrs
- Compensation: €116.00k
Gerard Kleisterlee (73yo)
Group Chairman of the Board
- Tenure: 8.3yrs
- Compensation: €730.00k
David Nish (59yo)
Non-Executive Director
- Tenure: 3.8yrs
- Compensation: €177.00k
Clara Hedwig Frances Furse (62yo)
Independent Non-Executive Director
- Tenure: 5.1yrs
- Compensation: €117.00k
Renée James (54yo)
Independent Non-Executive Director
- Tenure: 8.8yrs
- Compensation: €156.00k
Nick Read (54yo)
CEO & Executive Director
- Tenure: 1yrs
- Compensation: €3.04m
Val Gooding (68yo)
Senior Independent Director
- Tenure: 2.3yrs
- Compensation: €172.00k
Michel Demaré (63yo)
Non-Executive Director
- Tenure: 1.7yrs
- Compensation: €132.00k
Maria Amparo Moraleda Martinez (55yo)
Non-Executive Director
- Tenure: 2.3yrs
- Compensation: €133.00k
Margherita Della Valle (53yo)
CFO & Director
- Tenure: 1.3yrs
- Compensation: €1.18m
Company Information
Vodafone Group Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vodafone Group Plc
- Ticker: VOD
- Exchange: LSE
- Founded: 1984
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: UK£42.835b
- Shares outstanding: 26.77b
- Website: https://www.vodafone.com
Number of Employees
Location
- Vodafone Group Plc
- Vodafone House
- The Connection
- Newbury
- Berkshire
- RG14 2FN
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VOD | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Oct 1988 |
| VODI | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 1988 |
| VODP.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 1988 |
| VODL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Oct 1988 |
| VOD | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Oct 1988 |
| VOD | NasdaqGS (Nasdaq Global Select) | SPON ADR EACH REP 10 ORD | US | USD | Oct 1988 | |
| VOD N | BMV (Bolsa Mexicana de Valores) | SPON ADR EACH REP 10 ORD | MX | MXN | Oct 1988 | |
| VODJ | DB (Deutsche Boerse AG) | SPON ADR EACH REP 10 ORD | DE | EUR | Oct 1988 | |
| VOD | WBAG (Wiener Boerse AG) | SPON ADR EACH REP 10 ORD | AT | EUR | Oct 1988 | |
| 0LQQ | LSE (London Stock Exchange) | SPON ADR EACH REP 10 ORD | GB | USD | Oct 1988 |
Biography
Vodafone Group Plc engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, includi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 20:50 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.