Stock analysis · Bull Rankings model

VEON analysis

VEON Ltd.Telecom Services. Scored on the same transparent model behind the daily rankings.

VEON
VEON Ltd. · Telecom Services
FCF$620mC+
Rev+9.9%B
D/E2.91C
P/E7.0xA
PEG2.23C
61.8Score
$52.79$3.7B
1Y Target$82.87Analyst consensus · 7 analysts
5Y Target$104.63Compound horizon
10Y Target$134.18Long-dated conviction
FCF$620mTTM
C+
FCF $620m — respectable but not differentiating
Rev+9.9%TTM YoY
B
Revenue +9.9% — at or above S&P median
D/E2.91
C
D/E 2.91 — more levered than most Communication Services peers (≈90th pctile)
P/E7.0x
A
P/E 7.0 — cheapest decile in Communication Services (≈10th pctile)
PEG2.23
C
PEG 2.23 — expensive relative to growth rate

Forward price target — the 1-year figure is the analyst consensus where the stock is covered; the 5- and 10-year figures compound our earnings estimate from there. The DCF below is a separate cross-check on intrinsic value (what it's worth today), not another target.

Quality-growth score · 61.8
Quality0.78
Growth0.76
Value0.39
Entry · Margin of safety
52-week rangeMid-range
18% off the 12-month high
vs DCF fair value57% belowest. fair value ~$124
What the price assumes: free cash flow compounding at ~-10% a year for the next decade — vs the ~19% a year our model projects from current growth and analyst estimates.
Quality signals · context only
ROIC23.8% · Areturn on invested capital — not score-weighted
Why now
Telecom Services · market cap $3.7b. 18% off the 52-week high of $64.00. 7 sell-side analysts publish a mean 1-yr target of $82.87 (implying +57% 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.
Horizon
1-3 yr $82.87 (7-analyst consensus) — multiple re-rating thesis requires a catalyst. 5 yr $104.63 at ~15% CAGR — dividend + buyback compounding. 10 yr $134.18 if the moat survives secular pressure.
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.
Trend
+17.2 over 31 daily scores
From 44.6 (Jun 22) → 61.8 (now)

One point per daily model run. The range autoscales, so a flat-looking line can still hide 1–2 point moves — read the From → To values for the actual range.

Shares to buy
37
Position size
$1,953
3.9% of portfolio
Stop price
$39.59
25% below $52.79
$ at risk if stopped
$488.31
budget $500.00 · 1% of portfolio

Math only — share count is floor(portfolio × risk% ÷ (price × stop%)). Doesn't account for commissions, slippage, gap risk, or position-correlation across your book. Inputs persist locally; never sent to the server. Not investment advice.

VEON Ltd. (VEON): score, valuation & FAQ

VEON Ltd. (VEON) is a Telecom Services company that scores 61.8 out of 100 on the Bull Rankings quality-growth model — a middling reading. The score blends three pillars — quality (durable returns, healthy margins, low leverage), growth (revenue and earnings), and value (valuation versus sector peers) — into one number, refreshed daily; it is a screen, not a buy recommendation.

Its strongest graded signals are P/E (A). On valuation, VEON sits about 57% below our discounted-cash-flow fair value (a margin of safety) — the current price implies roughly -10% annual free-cash-flow growth over the next decade.

Is VEON a good stock to buy?

Bull Rankings scores VEON 61.8 out of 100 on its quality-growth model, which is a middling reading. That is driven by P/E (A). A score is a quantitative screen of VEON Ltd.'s fundamentals, not personalised financial advice — weigh it against your own time horizon and risk tolerance, and read the risk factors below before acting.

Why does VEON score 61.8 on Bull Rankings?

The quality-growth score blends three pillars — quality (returns on capital, margins, leverage, earnings quality), growth (revenue and earnings expansion), and value (valuation versus sector peers). VEON earns its highest marks on P/E (A). Each pillar is graded against sector-aware thresholds, then combined into the single 0–100 score.

Is VEON overvalued or undervalued?

Based on $52.79, VEON sits about 57% below our discounted-cash-flow fair value (a margin of safety) — the current price implies roughly -10% annual free-cash-flow growth over the next decade. It trades at a 7.0x× P/E (graded A). Discounted-cash-flow estimates are sensitive to growth and discount-rate assumptions, so treat this as a cross-check, not a price target.

What are the main risks of investing in VEON?

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.

New to these metrics? The guides explain free cash flow, how the score works, and more in the learn hub — or run another name through the screener.

Bull Rankings is an automated fundamentals screen for research and education. It is not investment advice, and nothing here is a recommendation to buy or sell any security. Do your own research and consider consulting a licensed financial adviser.

More Telecom stocks by score

All Communication Services rankings →

Analyze another ticker →