Vodacom Group Limited

JSE:VOD Stock Report

Market Cap: R195.1b

Vodacom Group Future Growth

Future criteria checks 3/6

Vodacom Group is forecast to grow earnings and revenue by 18.5% and 5.9% per annum respectively. EPS is expected to grow by 16.1% per annum. Return on equity is forecast to be 21.2% in 3 years.

Key information

18.5%

Earnings growth rate

16.1%

EPS growth rate

Wireless Telecom earnings growth9.1%
Revenue growth rate5.9%
Future return on equity21.2%
Analyst coverage

Good

Last updated17 Dec 2024

Recent future growth updates

Recent updates

Vodacom Group (JSE:VOD) Has A Pretty Healthy Balance Sheet

Dec 05
Vodacom Group (JSE:VOD) Has A Pretty Healthy Balance Sheet

Vodacom Group's (JSE:VOD) Dividend Will Be ZAR2.85

Nov 14
Vodacom Group's (JSE:VOD) Dividend Will Be ZAR2.85

Some Shareholders Feeling Restless Over Vodacom Group Limited's (JSE:VOD) P/E Ratio

Oct 11
Some Shareholders Feeling Restless Over Vodacom Group Limited's (JSE:VOD) P/E Ratio

Capital Investment Trends At Vodacom Group (JSE:VOD) Look Strong

Sep 14
Capital Investment Trends At Vodacom Group (JSE:VOD) Look Strong

Vodacom Group (JSE:VOD) Seems To Use Debt Quite Sensibly

Aug 24
Vodacom Group (JSE:VOD) Seems To Use Debt Quite Sensibly

Vodacom Group (JSE:VOD) Is Aiming To Keep Up Its Impressive Returns

Jun 04
Vodacom Group (JSE:VOD) Is Aiming To Keep Up Its Impressive Returns

Earnings Not Telling The Story For Vodacom Group Limited (JSE:VOD)

Apr 19
Earnings Not Telling The Story For Vodacom Group Limited (JSE:VOD)

The Returns At Vodacom Group (JSE:VOD) Aren't Growing

Feb 29
The Returns At Vodacom Group (JSE:VOD) Aren't Growing

Vodacom Group Limited's (JSE:VOD) Share Price Not Quite Adding Up

Jan 18
Vodacom Group Limited's (JSE:VOD) Share Price Not Quite Adding Up

Is Vodacom Group (JSE:VOD) Using Too Much Debt?

Dec 28
Is Vodacom Group (JSE:VOD) Using Too Much Debt?

Earnings and Revenue Growth Forecasts

JSE:VOD - Analysts future estimates and past financials data (ZAR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027173,33323,98129,83852,8959
3/31/2026163,28321,19527,25448,86510
3/31/2025151,47117,86522,68241,8958
9/30/2024151,33414,75025,28848,175N/A
6/30/2024150,96415,52125,98748,593N/A
3/31/2024150,59416,29226,68649,011N/A
12/31/2023144,42516,85226,09246,860N/A
9/30/2023138,25517,41225,49744,709N/A
6/30/2023128,71317,09023,13742,830N/A
3/31/2023119,17016,76720,77640,951N/A
12/31/2022112,88216,56318,41337,836N/A
9/30/2022106,59316,35816,04934,720N/A
6/30/2022104,66516,76118,11734,374N/A
3/31/2022102,73617,16320,18534,028N/A
12/31/2021101,52516,63019,85132,820N/A
9/30/2021100,31416,09619,51731,611N/A
6/30/202199,30816,33919,71832,486N/A
3/31/202198,30216,58119,91833,361N/A
12/31/202096,25216,86119,64133,516N/A
9/30/202094,20117,14019,36433,671N/A
6/30/202092,47416,54219,15433,253N/A
3/31/202090,74615,94418,94432,834N/A
12/31/201989,52816,01817,82731,746N/A
9/30/201988,30916,09216,71030,658N/A
6/30/201987,46815,45715,54929,349N/A
3/31/201986,62714,82214,38728,040N/A
12/31/201886,85514,94014,87627,817N/A
9/30/201887,08215,05815,36427,594N/A
6/30/201886,72615,201N/A26,850N/A
3/31/201886,37015,344N/A26,105N/A
12/31/201784,74614,585N/A25,034N/A
9/30/201783,12213,826N/A23,963N/A
6/30/201782,20013,622N/A24,852N/A
3/31/201781,27813,418N/A25,740N/A
12/31/201681,47713,157N/A26,146N/A
9/30/201681,67612,895N/A26,552N/A
6/30/201680,87712,906N/A25,448N/A
3/31/201680,07712,917N/A24,344N/A
12/31/201577,79212,932N/A23,389N/A
9/30/201575,50612,946N/A22,434N/A
6/30/201575,00312,809N/A21,827N/A
3/31/201574,50012,672N/A21,219N/A
12/31/201475,53512,809N/A21,797N/A
9/30/201476,56912,946N/A22,375N/A
6/30/201476,14013,095N/A22,989N/A
3/31/201475,71113,243N/A23,603N/A
12/31/201373,94513,363N/A22,390N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VOD's forecast earnings growth (18.5% per year) is above the savings rate (9.7%).

Earnings vs Market: VOD's earnings (18.5% per year) are forecast to grow slower than the ZA market (19% per year).

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

Revenue vs Market: VOD's revenue (5.9% per year) is forecast to grow faster than the ZA market (3.8% per year).

High Growth Revenue: VOD's revenue (5.9% 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 high in 3 years time (21.2%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vodacom Group Limited is covered by 31 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan BradleyAbsa Bank Limited
Niel VenterAbsa Bank Limited
Sameera CassimAfrifocus Securities (Pty) Ltd.