COMPARE · Reviewed July 29, 2026
TMUS vs VEON
Verdict: Side-by-side breakdown using the Bull Rankings model. TMUS scored 71.7, VEON scored 61.8 — TMUS leads.
Compare another set
TMUS
T-Mobile US, Inc.
71.7
$174.74 · $187.4B
fundamentals as of
Score gap
9.9
TMUS leads
VEON
VEON Ltd.
61.8
$53.09 · $3.7B
fundamentals as of
The model, pillar by pillar (0–100 each)
TMUS
stronger →← stronger
VEON
74
Qualityreturns · margins · balance sheet
78
74
Growthrevenue & earnings expansion
76
68
Valuevaluation vs sector peers
39
VEON is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
TMUS
VEON
$18.4bA-
FCF
$620mC+
+9.7%B
Rev
+9.9%B
2.14C
D/E
2.91C
18.3xB
P/E
7.1xA
0.84B+
PEG
2.23C
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
TMUS
VEON
52% below
Price vs fair valuelower is cheaper
57% below
~-6%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-10%/yr
+68%
1-yr DCF upside
+92%
+109%
5-yr DCF upside
+133%
+186%
10-yr DCF upside
+205%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
TMUS
Why this score
- Buying back stock
- Raising its dividend
VEON
No notable signals flagged.
The companies
TMUST-Mobile US, Inc.
Why now
Telecom Services · market cap $187.4b. Down 33% from 52-week high of $261.56 — deep drawdown territory. PEG 0.84 — paying under fair value for the growth rate. 25 sell-side analysts rate this a Buy with a mean 1-yr target of $243.08 (implying +39% upside).
Moat
ROE 19% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 174% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $187.4b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
D/E 2.14 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Down 33% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
VEONVEON Ltd.
Why now
Telecom Services · market cap $3.7b. 17% off the 52-week high of $64.00. 7 sell-side analysts publish a mean 1-yr target of $82.87 (implying +56% upside).
Moat
Net margin 13% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 36% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 105% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
D/E 2.91 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Beta 1.63 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.