Kyivstar Group Ltd.

KYIV Communication Services Telecom Services

Kyivstar Group Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 25.9% from fiscal 2024.

Revenue
+19.4%
EPS
−16.7%
Free cash flow
+29.2%
Total debt
−39.1%

Quarter to June 2026, against a year earlier

13.09 0.53 −3.89%
Market cap
$3.0B
P/E
19.3×
Fwd P/E
9.3×
Dividend yield
—
F-score
n/a
Altman Z
3.76
Beneish M
−3.63
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 84.02%

Capital & Financial Ratios $m

Size
Market Cap 3,000.00
Revenue ttm 1,280.00
Net income ttm 238.00
Free cash flow ttm 280.00
Net debt Q 49.00
Valuation
P/E 19.25
Forward P/E 9.30
Price / sales 2.36
Forward P/S Powerpack
Price / FCF 10.79
Price / book 2.18
Financial health
Current ratio Q 1.26
Debt / equity Q 0.39 (at or below 0.5: strong)
Interest coverage Q 6.68
Growth
Revenue growth Q +19.37% (above 0%: growing)
Operating income growth Q +13.39% (above 0%: growing)
EPS, this year +148.95% (at or above 15%: strong)
EPS, next year A +10.77%
Revenue, next year A +16.08% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +45.46% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash — 768 574 495
Receivables — 403 91 69
Inventory — 3 3 3
Other — 34 24 30
— 1,208 692 597
2023 2024 2025 Q'26
Payables — 103 141 149
ST’ Debt — 669 229 189
Other — 92 109 117
— 887 498 475

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.37 0.33 — — —
’25 0.21 0.40 (0.41) 0.37 0.57
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 323 339 — — —
’25 255 284 297 321 1,157
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 161 170 — — —
’25 128 137 141 152 558
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 97 115 — — —
’25 74 89 40 28 231
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — 919 1,157 1,280 +25.9% 1,343 1,442 1,566 +10.6%
Gross margin, % — — — — — — — — 89.12 89.37 88.83 +0.3 pt
EBT — — — — — — — — 347 198 238 (42.9%)
EBT margin, % — — — — — — — — 37.76 17.11 18.59 (20.6) pt
Net income — — — — — — — — 347 198 238 (42.9%)
Per share, $
Per share, $ Revenue — — — — — — — — 4.44 5.35 5.54 +20.6%
Earnings — — — — — — — — 1.37 0.57 0.68 (58.3%)
Cash flow — — — — — — — — 2.08 2.58 2.70 +24.3%
Capex — — — — — — — — (1.20) (1.51) (1.49) +26.3%
Free cash flow — — — — — — — — 0.88 1.07 1.21 +21.5%
Book value — — — — — — — — 5.22 6.01 6.00 +15.2%
Shares, m — — — — — — — — 207 216 224 +4.4%
Valuation, ×
Valuation, × P/E — — — — — — — — 21.00 22.04 19.25 21.5
P/S — — — — — — — — 0.00 2.42 2.36 1.2
P/B — — — — — — — — 1.92 2.16 2.18 2.0
EV/Sales — — — — — — — — 0.00 2.37 2.40 1.2
EV/FCF — — — — — — — — 0.00 11.89 10.97 5.9
Cash, $m
Cash, $m Operating cash flow — — — — — — — — 430 558 624 +29.8%
Capex — — — — — — — — (248) (327) (344) +31.9%
Free cash flow — — — — — — — — 182 231 280 +26.9%
Balance, $m
Balance, $m Working capital — — — — — — — — 321 194 122 (39.6%)
Net debt — — — — — — — — 126 (58) 49 n/m
Shareholders’ equity — — — — — — — — 1,080 1,299 1,385 +20.3%
Returns, %
Returns, % ROA — — — — — — — — 0.00 5.73 14.14 +5.7 pt
ROIC — — — — — — — — 18.03 13.80 13.42 (4.2) pt
ROE — — — — — — — — 0.00 10.42 12.98 +10.4 pt
People
People Employees — — — — — — — — — 5,183 — —
Revenue/emp, $m — — — — — — — — 0.00 0.22 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Kyivstar Group Ltd. vs peers in Telecom Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LUMN Lumen Technologies, Inc. $4.1B — (loss-making) — (loss-making) −12.05% (below 0%: shrinking) n/m −123.67% (below 0%: shrinking) 47.26% (6.15%) Compare
TKC Turkcell Iletisim Hizmetleri AS $4.0B 9.4× — +15.43% (above 0%: growing) +8.33% (above 0%: growing) −58.09% (below 0%: shrinking) 25.36% 12.41% Compare
PHI PLDT Inc. $3.9B 8.6× 7.7× −5.84% (below 0%: shrinking) −24.00% (below 0%: shrinking) +78.48% (above 0%: growing) 57.86% 20.01% Compare
TDS Telephone and Data Systems, Inc. $3.5B 10.6× 9.3× +3.60% (above 0%: growing) n/m −133.98% (below 0%: shrinking) 58.19% 120.67% Compare
LBTYK Liberty Global Ltd $3.2B — (loss-making) — −7.65% (below 0%: shrinking) n/m +429.69% (above 0%: growing) 50.62% 0.26% Compare
LBTYA Liberty Global Ltd $3.2B — (loss-making) — (loss-making) −7.65% (below 0%: shrinking) n/m +429.69% (above 0%: growing) 50.62% 0.26% Compare
KYIV Kyivstar Group Ltd. $3.0B 19.3× 9.3× +19.37% (above 0%: growing) −16.71% (below 0%: shrinking) +29.21% (above 0%: growing) 88.79% 37.46%
AD Array Digital Infrastructure Inc. $2.7B 5.1× 5.1× +89.53% (above 0%: growing) +1,021.62% (above 0%: growing) −115.23% (below 0%: shrinking) 56.54% 738.42% Compare
IDT IDT Corporation $2.2B 23.6× 11.2× +7.07% (above 0%: growing) +29.85% (above 0%: growing) +49.07% (above 0%: growing) 39.78% 9.80% Compare
Median of peers $3.4B 9.4× 8.5× −1.12% +19.09% −4.51% 50.62% 11.11%

All 55 Telecom Services stocks →

Kyivstar Group Ltd. (KYIV) Latest News

6 Nov

Impact 3 · · GlobeNewswire

25 Sep

Impact 3 ·

31 Jul

Impact 3 · · MarketBeat transcript
Impact 3 ·

14 May

Impact 4 · · MarketBeat

13 May

27 Mar

Impact 4 · · GlobeNewswire

13 Mar

Impact 4 · · MarketBeat
stockrow.com/KYIV · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com