Verdict: Side-by-side breakdown using the Bull Rankings model. VEON scored 71.8, VIV scored 56.2 — VEON leads.
Compare another set
VEON
VEON Ltd.
Telecom Services · Quality-Growth
71.8
$76.81 · $5.3B
fundamentals as of
Score gap
15.6
VEON leads
VIV
Telefônica Brasil S.A.
Telecom Services · Quality-Growth
56.2
$12.20 · $19.5B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
CheapestVIV15.6x
Fastest growthVEON+9.9%
Strongest balance sheetVIV0.30
Highest qualityVEON78 / 100
Largest discount to fair valueVIV-47%
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
VIV
78
Qualityreturns · margins · balance sheet
58
78
Growthrevenue & earnings expansion
73
60
Valuevaluation vs sector peers
58
VEON is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
VEON
VIV
$620mC+
FCF
$2.2bB
+9.9%B
Rev
+6.7%C+
3.05C
D/E
0.30A-
98.5xD
P/E
15.6xB+
2.23C
PEG
0.86B+
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
VIV
39% below
Price vs fair valuelower is cheaper
47% below
~0%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~-8%/yr
+35%
1-yr DCF upside
+73%
+63%
5-yr DCF upside
+88%
+110%
10-yr DCF upside
+111%
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
Diluting shareholders
Cut its dividend
Foreign reporter (BRL)
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.
VIVTelefônica Brasil S.A.
Telecom Services · $12.20 · beta 0.19
Why now
Telecom Services · market cap $19.5b. Down 29% from 52-week high of $17.26 — deep drawdown territory. PEG 0.86 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Hold with a mean 1-yr target of $15.46 (implying +27% upside).
Moat
FCF converts 163% of net income — earnings translate cleanly into cash.
Risk
Dividend payout 120% of earnings on a 7.8% yield — distribution coverage is thin; one earnings stumble could force a dividend cut.
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 VIV diverge
On the headline score the gap is 15.6 points in favor of VEON. The widest single difference is Quality, where VEON leads by 20.2 points.
QualityVEON 78.1 · VIV 57.9VEON +20.2
GrowthVEON 78.4 · VIV 73.1VEON +5.3
ValueVEON 60.5 · VIV 57.5VEON +3.0
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 VEON or VIV the better stock?
VEON scores higher: VEON 71.8, VIV 56.2 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 VEON and VIV differ most?
The widest gap is quality, where VEON leads by 20 points on the 0–100 pillar scale. VEON leads all three pillars, so the gap is broad rather than a single-measure difference.
How are VEON and VIV 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.