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VOD

Vodafone Group LSE:VOD Stock Report

Last Price

UK£1.18

Market Cap

UK£33.4b

7D

-0.2%

1Y

-7.4%

Updated

19 May, 2022

Data

Company Financials +
VOD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health2/6
Dividends3/6

VOD Stock Overview

Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally.

Vodafone Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vodafone Group
Historical stock prices
Current Share PriceUK£1.18
52 Week HighUK£1.42
52 Week LowUK£1.06
Beta0.70
1 Month Change-9.14%
3 Month Change-13.90%
1 Year Change-7.37%
3 Year Change-3.94%
5 Year Change-48.07%
Change since IPO115.25%

Recent News & Updates

Shareholder Returns

VODGB Wireless TelecomGB Market
7D-0.2%0.6%0.8%
1Y-7.4%-4.3%-5.0%

Return vs Industry: VOD underperformed the UK Wireless Telecom industry which returned -3.2% over the past year.

Return vs Market: VOD underperformed the UK Market which returned -2.5% over the past year.

Price Volatility

Is VOD's price volatile compared to industry and market?
VOD volatility
VOD Average Weekly Movement3.8%
Wireless Telecom Industry Average Movement6.5%
Market Average Movement6.1%
10% most volatile stocks in GB Market11.6%
10% least volatile stocks in GB Market3.2%

Stable Share Price: VOD is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: VOD's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984105,000Nick Readhttps://www.vodafone.com

Vodafone Group Public Limited Company 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, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers. It also provides value added services, such as Internet of Things (IoT) comprising logistics and fleet management, smart metering, insurance, cloud, and security services; and automotive and health solutions.

Vodafone Group Fundamentals Summary

How do Vodafone Group's earnings and revenue compare to its market cap?
VOD fundamental statistics
Market Cap€39.41b
Earnings (TTM)€2.09b
Revenue (TTM)€45.58b

18.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOD income statement (TTM)
Revenue€45.58b
Cost of Revenue€30.57b
Gross Profit€15.01b
Other Expenses€12.92b
Earnings€2.09b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 25, 2022

Earnings per share (EPS)0.074
Gross Margin32.92%
Net Profit Margin4.58%
Debt/Equity Ratio104.8%

How did VOD perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

125%

Payout Ratio

Does VOD pay a reliable dividends?

See VOD dividend history and benchmarks
When do you need to buy VOD by to receive an upcoming dividend?
Vodafone Group dividend dates
Ex Dividend DateJun 01 2022
Dividend Pay DateAug 05 2022
Days until Ex dividend12 days
Days until Dividend pay date77 days

Does VOD pay a reliable dividends?

See VOD dividend history and benchmarks

Valuation

Is Vodafone Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: VOD (£1.18) is trading below our estimate of fair value (£4.12)

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


Price To Earnings Ratio

PE vs Industry: VOD is poor value based on its PE Ratio (18.9x) compared to the European Wireless Telecom industry average (13.3x).

PE vs Market: VOD is poor value based on its PE Ratio (18.9x) compared to the UK market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: VOD is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: VOD is good value based on its PB Ratio (0.7x) compared to the XE Wireless Telecom industry average (1.8x).


Future Growth

How is Vodafone Group forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VOD's forecast earnings growth (12.5% per year) is above the savings rate (0.9%).

Earnings vs Market: VOD's earnings (12.5% per year) are forecast to grow faster than the UK market (11.2% per year).

High Growth Earnings: VOD's earnings are forecast to grow, but not significantly.

Revenue vs Market: VOD's revenue (0.1% per year) is forecast to grow slower than the UK market (4.1% per year).

High Growth Revenue: VOD's revenue (0.1% 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 (7.5%).


Past Performance

How has Vodafone Group performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VOD has high quality earnings.

Growing Profit Margin: VOD's current net profit margins (4.6%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: VOD has become profitable over the past 5 years, growing earnings by 19.9% per year.

Accelerating Growth: VOD's earnings growth over the past year (1764.3%) exceeds its 5-year average (19.9% per year).

Earnings vs Industry: VOD earnings growth over the past year (1764.3%) exceeded the Wireless Telecom industry 56.7%.


Return on Equity

High ROE: VOD's Return on Equity (4.6%) is considered low.


Financial Health

How is Vodafone Group's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VOD's short term assets (€28.5B) do not cover its short term liabilities (€33.6B).

Long Term Liabilities: VOD's short term assets (€28.5B) do not cover its long term liabilities (€63.3B).


Debt to Equity History and Analysis

Debt Level: VOD's net debt to equity ratio (77.7%) is considered high.

Reducing Debt: VOD's debt to equity ratio has increased from 65.4% to 104.8% over the past 5 years.

Debt Coverage: VOD's debt is well covered by operating cash flow (30.3%).

Interest Coverage: VOD's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is Vodafone Group current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.43%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 20 2022Ex Dividend DateJun 01 2022Dividend Pay DateAug 05 202265 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: VOD's dividend (6.43%) is higher than the bottom 25% of dividend payers in the UK market (1.81%).

High Dividend: VOD's dividend (6.43%) is in the top 25% of dividend payers in the UK market (4.85%)


Stability and Growth of Payments

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.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (125.1%), VOD's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (28.1%), VOD's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Nick Read (56 yo)

3.58yrs

Tenure

€4,243,098

Compensation

Mr. Nicholas Jonathan Read, also known as Nick, serves as Chief Executive Officer at Vodafone Group Public Limited Company (formerly known as Vodafone AirTouch Public Limited Company) (Vodafone UK) since O...


CEO Compensation Analysis

Compensation vs Market: Nick's total compensation ($USD4.49M) is about average for companies of similar size in the UK market ($USD5.13M).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: VOD's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: VOD's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vodafone Group Public Limited Company's employee growth, exchange listings and data sources


Key Information

  • Name: Vodafone Group Public Limited Company
  • Ticker: VOD
  • Exchange: LSE
  • Founded: 1984
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Implied Market Cap: UK£33.370b
  • Shares outstanding: 28.17b
  • Website: https://www.vodafone.com

Number of Employees


Location

  • Vodafone Group Public Limited Company
  • Vodafone House
  • The Connection
  • Newbury
  • Berkshire
  • RG14 2FN
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.