Earnings Per Share (EPS) of $2.95 matched the estimated EPS, indicating stable financial performance.
The Price-to-Earnings (P/E) ratio of 13.08 suggests a moderate valuation compared to the industry average.
Debt-to-Equity ratio of 4.76 highlights a significant reliance on debt financing.
VEON Ltd. (NASDAQ:VEON) is a global digital operator providing telecommunications services. The company operates in several countries, offering mobile and fixed-line services, digital services, and more. VEON competes with other telecom giants like Vodafone and Orange. The company is known for its strong presence in emerging markets, which contributes significantly to its revenue.
On December 13, 2024, VEON reported its earnings, revealing an earnings per share (EPS) of $2.95, which matched the estimated EPS of $2.95. The company also reported actual revenue of approximately $1.04 billion, aligning perfectly with the estimated revenue of $1.04 billion. This consistency in meeting expectations reflects VEON’s stable financial performance.
VEON’s price-to-earnings (P/E) ratio is approximately 13.08, indicating that investors are willing to pay $13.08 for every dollar of earnings. This ratio is a common measure used to evaluate whether a stock is over or undervalued. A P/E ratio of 13.08 suggests a moderate valuation compared to the industry average.
The company’s price-to-sales ratio stands at about 0.65, meaning investors pay 65 cents for every dollar of VEON’s sales. This ratio helps investors understand how much they are paying for a company’s sales, which can be useful for comparing companies within the same industry. VEON’s enterprise value to sales ratio is approximately 1.53, reflecting the company’s total valuation compared to its sales.
VEON’s debt-to-equity ratio is about 4.76, indicating a significant reliance on debt financing compared to equity. This high ratio suggests that the company uses more debt to finance its operations, which can be risky if not managed properly. However, VEON’s current ratio of approximately 0.73 shows its ability to cover short-term liabilities with short-term assets, which is crucial for maintaining liquidity.
