Sunday 11 October 2026
Export all VEON data to Excel Powerpack
VEON Ltd.
VEON Communication Services Telecom Services
VEON Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 9.87% from fiscal 2024. In the quarter to June 2026, revenue grew 16.9%, EPS fell 79.6%, free cash flow grew 431.6% and total debt rose 19.1%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
76.81
0.26
−0.34%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
6.90 | 6.84 | 0.00 | 0.00 | 4.08 | 0.00 | 7.03 | 6.43 | 0.00 | 2.92 |
Piotroski F-Score |
8 | 5 | 6 | 3 | 6 | 4 | 7 | 7 | 5 | 5 |
P/S ratio |
0.83 | 0.71 | 0.37 | 0.24 | 0.78 | 0.36 | 0.50 | 0.45 | 0.72 | 0.78 |
Altman Z-Score |
0.79 | 0.48 | 0.21 | 0.48 | 0.52 | 0.42 | 0.80 | 0.74 | 0.84 | 0.71 |
P/FCF ratio |
8.87 | 8.23 | 1.00 | 0.84 | 1.55 | 3.45 | 3.50 | 7.22 | 15.29 | 28.91 |
Altman Z″-Score (non-manufacturers) |
(0.01) | (0.94) | (0.99) | 0.66 | 0.55 | (0.82) | (0.59) | (0.41) | 0.28 | 0.07 |
Beneish M-Score |
(2.57) | (2.99) | (3.04) | (3.56) | (2.50) | (3.55) | (3.03) | (3.82) | (3.05) | (2.34) |
P/Operating CF |
7.96 | 7.82 | 3.32 | 1.70 | 4.71 | 4.65 | 6.66 | 6.45 | 14.24 | 15.52 |
P/B ratio |
2.25 | 2.26 | 1.27 | 1.19 | 1.99 | 2.61 | 1.99 | 1.47 | 1.75 | 1.14 |
Price to Tangible BV |
43.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
1.50 | 1.37 | 1.13 | 1.56 | 2.94 | 1.50 | 1.52 | 1.11 | 1.82 | 1.62 |
EV/EBITDA |
2.93 | 2.98 | 2.52 | 3.20 | 6.11 | 3.61 | 3.22 | 3.10 | 4.85 | 4.76 |
EV/Operating CF |
4.87 | 4.77 | 1.98 | 2.29 | 4.29 | 4.49 | 4.56 | 4.00 | 6.98 | 7.67 |
EV/FCF |
15.93 | 15.90 | 3.08 | 5.37 | 5.83 | 14.32 | 10.61 | 17.73 | 38.72 | 60.15 |
Quick Ratio |
0.82 | 0.68 | 0.80 | 0.41 | 0.63 | 0.53 | 0.34 | 0.56 | 0.69 | 0.58 |
Current Ratio |
0.91 | 0.79 | 0.88 | 1.10 | 1.13 | 0.65 | 0.43 | 0.70 | 0.85 | 0.69 |
Net Debt/EBITDA |
1.30 | 1.44 | 1.70 | 2.70 | 4.49 | 2.74 | 2.16 | 1.84 | 2.58 | 2.64 |
Debt/Assets |
55.83% | 58.41% | 62.74% | 54.23% | 66.87% | 69.32% | 64.41% | 55.71% | 59.71% | 52.42% |
Debt/Equity |
3.15 | 3.73 | 4.81 | 10.66 | 7.07 | 9.96 | 4.66 | 2.83 | 2.99 | 1.84 |
Asset Turnover |
0.51 | 0.49 | 0.32 | 0.24 | 0.25 | 0.48 | 0.59 | 0.54 | 0.47 | 0.32 |
Operating CF/Net income |
2.54 | 2.77 | (0.83) | (15.78) | 3.91 | (7.00) | 4.75 | 4.32 | (4.90) | 0.81 |
Capex/Depreciation |
(1.16) | (1.10) | (1.03) | (1.51) | (1.04) | (0.66) | (0.78) | (0.72) | (0.97) | (0.84) |
Interest Coverage |
2.69 | 2.24 | 1.75 | 1.99 | 1.73 | 0.76 | 2.26 | 0.68 | 1.57 | 1.31 |
| 36.80% | 35.65% | (275.08%) | (14.26%) | 53.53% | (21.59%) | 24.84% | 17.45% | (10.17%) | 46.86% | |
| 6.17% | 5.11% | (21.70%) | (1.05%) | 4.42% | (2.28%) | 4.12% | 3.47% | (2.48%) | 8.46% | |
ROIC |
19.73% | 17.77% | 14.92% | 12.71% | 6.52% | 3.42% | 11.23% | 3.96% | 7.01% | 4.83% |
Return on Tangible Assets |
15.49% | 18.47% | (102.27%) | (4.33%) | 9.16% | (6.56%) | 15.25% | 16.04% | (9.14%) | 49.41% |
Average Days of Receivables |
49.87 | 40.84 | 53.50 | 44.32 | 65.42 | 28.64 | 25.86 | 23.18 | 29.09 | 28.14 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
42.81% | 44.93% | 44.51% | 40.83% | 39.64% | 33.36% | 33.45% | 40.69% | 39.56% | 41.28% |
Intangible Assets out of Total Assets |
0.17 | 0.19 | 0.20 | 0.13 | 0.20 | 0.29 | 0.35 | 0.40 | 0.35 | 0.33 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(1.22) | (1.37) | (2.92) | (4.98) | (3.00) | (4.05) | (2.56) | (2.01) | (1.71) | (1.53) |
Graham Number |
63.33 | 48.38 | 0.00 | 0.00 | 71.11 | 0.00 | 80.16 | 90.15 | 0.00 | 256.25 |
Earnings Yield |
14.49% | 14.61% | (215.79%) | (16.34%) | 24.49% | (13.25%) | 14.23% | 15.54% | (7.18%) | 34.21% |
Free Cash Flow Yield |
11.28% | 12.15% | 99.55% | 119.59% | 64.68% | 29.00% | 28.61% | 13.85% | 6.54% | 3.46% |
Revenue per Share |
62.99 | 56.55 | 52.66 | 53.46 | 54.91 | 104.22 | 126.69 | 129.87 | 135.42 | 127.00 |
Operating CF per Share |
19.37 | 16.24 | 30.06 | 36.40 | 37.62 | 34.92 | 42.15 | 35.95 | 35.38 | 26.80 |
Capex per Share |
(13.44) | (11.37) | (10.71) | (14.38) | (12.24) | (23.97) | (24.06) | (27.84) | (29.00) | (23.38) |
Free Cash Flow per Share |
5.93 | 4.87 | 19.35 | 22.02 | 25.39 | 10.95 | 18.10 | 8.10 | 6.38 | 3.42 |
Cash per Share |
31.80 | 28.90 | 33.25 | 45.94 | 33.34 | 25.14 | 19.04 | 27.10 | 34.93 | 44.77 |
Shareholders Equity per Share |
23.40 | 17.75 | 15.25 | 10.92 | 21.46 | 14.48 | 31.73 | 39.72 | 55.60 | 86.38 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
23.40 | 17.75 | 15.25 | 10.92 | 21.46 | 14.48 | 31.73 | 39.72 | 55.60 | 86.38 |
Free Cash Flow |
414.00 | 345.00 | 1,359.00 | 1,547.00 | 1,780.00 | 766.00 | 1,266.00 | 567.00 | 446.00 | 239.00 |
Working Capital |
(323.00) | (769.00) | (426.00) | 896.00 | 643.00 | (1,560.00) | (3,269.00) | (1,303.00) | (709.00) | (2,007.00) |
Capital Expenditures |
(939.00) | (805.00) | (752.00) | (1,010.00) | (858.00) | (1,677.00) | (1,683.00) | (1,948.00) | (2,029.00) | (1,636.00) |
Net Current Asset Value |
(4,468.00) | (3,894.00) | (3,989.00) | (4,543.00) | (8,999.00) | (10,688.00) | (11,340.00) | (8,213.00) | (11,653.00) | (10,600.00) |
EV/EBIT |
4.58 | 4.94 | 4.51 | 5.04 | 11.05 | 21.47 | 6.66 | 18.15 | 11.77 | 13.26 |
Capex to Sales |
0.21 | 0.20 | 0.20 | 0.27 | 0.22 | 0.23 | 0.19 | 0.21 | 0.21 | 0.18 |
Price to Operating Income |
2.55 | 2.56 | 1.47 | 0.79 | 2.93 | 5.17 | 2.19 | 7.39 | 4.65 | 6.37 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.22 | 0.24 | 0.25 | 0.24 | 0.12 | 0.37 | 0.29 | 0.55 | 0.34 | 0.29 |
Cash ROIC |
4.60% | 4.31% | 15.87% | 12.71% | 12.29% | 5.96% | 9.11% | 4.52% | 2.48% | 1.18% |
Accounts Receivable Turnover |
8.39 | 8.09 | 7.41 | 6.55 | 6.10 | 12.15 | 14.71 | 13.64 | 13.16 | 13.05 |
Accounts Payable Turnover |
0.39 | 0.42 | 0.39 | 0.31 | 0.24 | 0.90 | 1.17 | 1.34 | 1.30 | 1.13 |
Inventory Turnover |
22.38 | 27.11 | 21.51 | 7.38 | 4.36 | 12.23 | 13.12 | 19.87 | 21.72 | 17.34 |
Average Days of Payables |
1,000.63 | 904.35 | 993.20 | 833.52 | 1,531.64 | 414.89 | 331.61 | 280.13 | 263.47 | 320.69 |
Days of Inventory on Hand |
22.21 | 10.63 | 19.04 | 13.80 | 83.71 | 23.67 | 30.34 | 24.32 | 12.29 | 22.98 |
Average Receivables |
524.50 | 495.00 | 499.00 | 573.00 | 631.00 | 600.00 | 602.50 | 666.00 | 720.00 | 681.00 |
Average Payables |
1,359.00 | 1,238.00 | 1,143.50 | 1,559.00 | 1,988.50 | 1,896.50 | 1,735.50 | 1,584.00 | 1,644.00 | 1,756.00 |
Average Inventory |
23.50 | 19.00 | 20.50 | 64.50 | 111.00 | 140.00 | 155.00 | 106.50 | 98.50 | 114.50 |
Average Assets |
8,625.50 | 8,127.00 | 11,650.50 | 15,502.00 | 15,236.00 | 15,305.00 | 15,080.50 | 16,793.00 | 20,338.50 | 27,523.50 |
Average Common Equity |
1,445.50 | 1,164.00 | 919.00 | 1,136.00 | 1,259.00 | 1,616.50 | 2,499.50 | 3,334.50 | 4,966.50 | 4,968.50 |
Columns are period end dates