COMPARE · Reviewed July 29, 2026
VEON vs VIV
Verdict: Side-by-side breakdown using the Bull Rankings model. VEON scored 61.8, VIV scored 44.6 — VEON leads.
Compare another set
VEON
VEON Ltd.
61.8
$53.09 · $3.7B
fundamentals as of
Score gap
17.2
VEON leads
VIV
Telefonica Brasil SA
44.6
$12.84 · $104.6B
The model, pillar by pillar (0–100 each)
VEON
stronger →← stronger
VIV
78
Qualityreturns · margins · balance sheet
58
76
Growthrevenue & earnings expansion
60
39
Valuevaluation vs sector peers
25
VEON is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
VEON
VIV
$620mC+
FCF
—
+9.9%B
Rev
+7.0%B
2.91C
D/E
0.30A-
7.1xA
P/E
16.4xB+
2.23C
PEG
2.34C
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
VEON
VIV
57% below
Price vs fair valuelower is cheaper
—
~-10%/yr
Growth the price implies10-yr FCF · lower = less priced in
—
+92%
1-yr DCF upside
—
+133%
5-yr DCF upside
—
+205%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
VEON
No notable signals flagged.
VIV
Why this score
- Raising its dividend
- Diluting shareholders
The companies
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.
VIVTelefonica Brasil SA
Why now
Telecommunication · market cap $104.6b. Down 70% from 52-week high of $43.47 — deep drawdown territory.
Moat
$104.6b 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
Down 70% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
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.