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1 Comment
VEON Ltd is currently in a long term uptrend where the price is trading 15.3% above its 200 day moving average.
From a valuation standpoint, the stock is 94.5% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 0.4.
VEON Ltd's total revenue sank by 11.4% to $2B since the same quarter in the previous year.
Its net income has dropped by 68.2% to $7M since the same quarter in the previous year.
Finally, its free cash flow fell by 56.7% to $77M since the same quarter in the previous year.
Based on the above factors, VEON Ltd gets an overall score of 2/5.
Sector | Communication Services |
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Industry | Telecom Services |
Exchange | AS |
CurrencyCode | EUR |
ISIN | None |
Beta | 1.59 |
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PE Ratio | 7.9 |
Target Price | None |
Market Cap | 2B |
Dividend Yield | None |
VEON Ltd., a digital operator, provides connectivity and internet services to corporates and individuals in Pakistan, Ukraine, Kazakhstan, Uzbekistan, Bangladesh, and Kyrgyzstan. The company offers fixed-line broadband telecommunication services using fiber optic networks; mobile telecommunications services under prepaid and postpaid subscriptions, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; cross border transit, voice, and data services; mobile connectivity services on 2G, 3G and 4G/LTE networks; prepaid scratch cards and electronic recharge options; customer support through contact centers; and Internet-TV using fiber to the building technology. It also provides Simosa, MyKyivstar, and MyBeeline self-care applications; Kyivstar TV, Tamasha, BeeTV, Toffee, and Beeline TV video streaming platforms; BiP messenger app; Game Now gaming platform; Beeline Music for music streaming, as well as live audio streaming services; Jazz Cricket sports app; JazzCash and Simply financial services platforms that offers mobile wallets, payments, transfers, and digital lending services; BIMA tele-medicine and hospital insurance app; and Helsi digital data management platform for healthcare services. In addition, the company sells equipment, infrastructure, and accessories. It offers its products and services under the Kyivstar, Banglalink, Jazz, JazzCash, Beeline, Beeline Kyrgyzstan, IZI, and OQ brands. The company also distributes its products and services through direct sales force, distributors, third-party retailers, supermarkets, offices, stores, franchises, online, and other distribution channels. The company was formerly known as VimpelCom Ltd. and changed its name to VEON Ltd. in March 2017. VEON Ltd. was founded in 1992 and is headquartered in Amsterdam, the Netherlands.
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