Verdict: Side-by-side breakdown using the Bull Rankings model. VEON scored 71.8, KYIV scored 72.0 — KYIV leads.
Compare another set
VEON
VEON Ltd.
Telecom Services · Quality-Growth
71.8
$76.81 · $5.3B
fundamentals as of
Score gap
0.2
KYIV leads
KYIV
Kyivstar Group Ltd.
Telecom Services · Quality-Growth
72
$12.10 · $2.8B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
CheapestKYIV17.3x
Fastest growthKYIV+25.9%
Strongest balance sheetKYIV0.39
Highest qualityVEON78 / 100
Largest discount to fair valueKYIV-56%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
VEON
stronger →← stronger
KYIV
78
Qualityreturns · margins · balance sheet
67
78
Growthrevenue & earnings expansion
87
60
Valuevaluation vs sector peers
73
KYIV is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
VEON
KYIV
$620mC+
FCF
$311mC
+9.9%B
Rev
+25.9%A-
3.05C
D/E
0.39B+
98.5xD
P/E
17.3xB
2.23C
PEG
1.21B
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
VEON
KYIV
39% below
Price vs fair valuelower is cheaper
56% below
~0%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~-8%/yr
+35%
1-yr DCF upside
+88%
+63%
5-yr DCF upside
+125%
+110%
10-yr DCF upside
+192%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
VEON
No notable signals flagged.
KYIV
Why this score
Diluting shareholders
Short track record
The companies
VEONVEON Ltd.
Telecom Services · $76.81 · beta 1.61
Why now
Telecom Services · market cap $5.3b. Trading near 52-week high of $78.83 — momentum setup, limited technical margin of safety. 7 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $86.87 (implying +13% 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.
Risk
D/E 3.05 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Trailing P/E 98.5x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. Trading within 3% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction.
KYIVKyivstar Group Ltd.
Telecom Services · $12.10
Why now
Telecom Services · market cap $2.8b. Down 27% from 52-week high of $16.55 — deep drawdown territory. Revenue growing +26% — in hypergrowth territory. 9 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $17.93 (implying +48% upside).
Moat
Free cash flow runs well ahead of reported net income.
Risk
Mature compounder — the risk is paying up for quality at a moment when growth is decelerating. Watch for sequential revenue + margin trends; the inflection from "compounder" to "ex-compounder" is hard to spot until the multiple already started compressing.
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.
Where VEON and KYIV diverge
The two are effectively level on the headline score. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
ValueVEON 60.5 · KYIV 73.5KYIV +13.0
QualityVEON 78.1 · KYIV 67.1VEON +11.0
GrowthVEON 78.4 · KYIV 87.1KYIV +8.7
Pillars run 0–100. Value is judged against each company's own sector, so a Value score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.
Common questions
Is KYIV or VEON the better stock?
KYIV scores higher: KYIV 72.0, VEON 71.8 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.
Where do KYIV and VEON differ most?
The widest gap is value, where KYIV leads by 13 points on the 0–100 pillar scale. Neither name sweeps: they trade the lead across the three pillars, so the comparison is a trade-off rather than one being better on every measure.
How are KYIV and VEON scored?
Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.
How current is this comparison?
The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.