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VEON

VEON NasdaqGS:VEON Stock Report

Last Price

US$0.47

Market Cap

US$829.1m

7D

-2.9%

1Y

-71.1%

Updated

12 Aug, 2022

Data

Company Financials +
VEON fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance2/6
Financial Health1/6
Dividends0/6

VEON Stock Overview

VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services.

VEON Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VEON
Historical stock prices
Current Share PriceUS$0.47
52 Week HighUS$2.38
52 Week LowUS$0.24
Beta1.42
1 Month Change6.85%
3 Month Change1.52%
1 Year Change-71.10%
3 Year Change-81.84%
5 Year Change-88.03%
Change since IPO-97.43%

Recent News & Updates

Aug 03

VEON's Banglalink signs tower sharing deal in Bangladesh

VEON (NASDAQ:VEON) announced Wednesday that its subsidiary Banglalink has reached an agreement with Bangladesh Telecommunications Company Limited (BTCL) for a tower sharing initiative. Under the agreement, BTCL will share its tower infrastructures with Banglalink to enhance its quality of services further by supporting its 4G expansion drive. "In the last year, we have added more than 3300 4G base stations to our network; many of these are based on shared infrastructure. We will continue to expand the network, and our partnership with BTCL will give a fresh impetus to this endeavor," said Banglalink's CEO Erik Aas. Stock is up 0.6% in premarket trading. Earlier: Veon management boosts ownership via share awards

Jul 11

Veon management boosts ownership via share awards

Veon (NASDAQ:VEON) top management has increased its ownership in the company, completing some share transfers as part of an incentive program announced in February. The company reported share transfers in its deferred share plan of 774,900 for CEO Kaan Terzioglu, and transfers of 222,172 shares for Chief Financial Officer Serkan Okandan. "This award represents a further step in aligning the executive team's remuneration with the successful implementation of our digital operator strategy and long-term value creation for our shareholders," VEON says. Its plan is for Group Executive Committee members to accrue and maintain a minimum level of shares in the company, equivalent to 6 times annual base salary for the CEO, and 2 times annual base salary for other members. After these transfers, Terzioglu holds 1.675M shares and Okandan holds the 222,172 shares transferred.

Jun 29

VEON reports revenue growth 1.3% Y/Y for 5M22

VEON (NASDAQ:VEON) will disclose key financial highlights for the first five months of 2022 at the AGM of shareholders being held today. The company saw 5M22 consolidated revenue growth of 1.3% in reported currency, and +8.7% Y/Y in local currency terms, with six of the eight countries reporting double-digit local currency revenue growth for the period. Revenue in Georgia increased 22.5% (+12.1% Y/Y in local currency) for the first five months in 2022; Uzbekistan saw growth of 17% (+23.1% Y/Y in local currency) and Kazakhstan revenue jumped 13.5% (+20.5% Y/Y in local currency). Group CEO Kaan Terzioglu commented: "Our digital operator strategy is delivering solid results, enabled by growing 4G penetration. VEON Group's topline growth was an encouraging 8.7% YoY in local currency terms, driven by solid performance in our operations, despite the particularly challenging circumstances. Building on an expanding portfolio of services and with a constant focus on customer experience, our operations are growing their subscriber base, improving their user engagement, reducing churn, increasing their ARPU levels and gaining market share." On Tuesday, the company reported Q1 results with total revenue growth of ~10%. Shares up 7.3% PM. Veon gets a Strong Buy rating from the Wall Street Analysts in contrast to Hold rating from SA Quant rating system.

Shareholder Returns

VEONUS Wireless TelecomUS Market
7D-2.9%1.5%3.2%
1Y-71.1%-2.4%-10.1%

Return vs Industry: VEON underperformed the US Wireless Telecom industry which returned -4.3% over the past year.

Return vs Market: VEON underperformed the US Market which returned -11.7% over the past year.

Price Volatility

Is VEON's price volatile compared to industry and market?
VEON volatility
VEON Average Weekly Movement7.0%
Wireless Telecom Industry Average Movement7.0%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: VEON is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: VEON's weekly volatility has decreased from 16% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
199244,586Muhterem Terziogluhttps://www.veon.com

VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services. It offers voice, data, and other telecommunication services through a range of wireless, fixed, and broadband internet services. The company provides value-added services, including short messages, multimedia messages, caller number identification, call waiting, data transmission, mobile internet, downloadable content, mobile finance, machine-to-machine, and other services; national and international roaming services; wireless internet access; and mobile bundles and call completion services.

VEON Ltd. Fundamentals Summary

How do VEON's earnings and revenue compare to its market cap?
VEON fundamental statistics
Market CapUS$829.09m
Earnings (TTM)US$186.00m
Revenue (TTM)US$7.89b

4.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VEON income statement (TTM)
RevenueUS$7.89b
Cost of RevenueUS$1.82b
Gross ProfitUS$6.07b
Other ExpensesUS$5.88b
EarningsUS$186.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 03, 2022

Earnings per share (EPS)0.11
Gross Margin76.90%
Net Profit Margin2.36%
Debt/Equity Ratio574.9%

How did VEON perform over the long term?

See historical performance and comparison