Financials Vodafone Group Public Limited Company Nasdaq

Equities

VOD

US92857W3088

Wireless Telecommunications Services

Market Closed - Nasdaq 04:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
9.19 USD -1.08% Intraday chart for Vodafone Group Public Limited Company +3.96% +5.63%

Valuation

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 34,034 43,727 39,776 27,419 22,314 22,548 - -
Enterprise Value (EV) 1 76,202 84,270 81,354 60,794 55,556 51,797 50,783 47,139
P/E ratio -40.6 x 408 x 20.7 x 2.38 x 19.6 x 9.67 x 9.48 x 8.46 x
Yield 7.08% 5.81% 6.07% 8.86% 10.9% 7.31% 6.65% 6.86%
Capitalization / Revenue 0.76 x 1 x 0.87 x 0.6 x 0.61 x 0.6 x 0.57 x 0.57 x
EV / Revenue 1.69 x 1.92 x 1.78 x 1.33 x 1.51 x 1.37 x 1.28 x 1.19 x
EV / EBITDA 5.12 x 5.86 x 5.35 x 4.15 x 5.04 x 4.71 x 4.18 x 3.85 x
EV / FCF 13.4 x 16.8 x 15 x 12.6 x 5.43 x 20.7 x 16.6 x 15.6 x
FCF Yield 7.48% 5.96% 6.68% 7.96% 18.4% 4.84% 6.04% 6.41%
Price to Book 0.61 x 0.82 x 0.79 x 0.44 x 0.37 x 0.36 x 0.33 x 0.34 x
Nbr of stocks (in thousands) 26,771,934 28,211,023 26,839,146 26,997,639 27,079,994 26,646,435 - -
Reference price 2 1.271 1.550 1.482 1.016 0.8240 0.8462 0.8462 0.8462
Announcement Date 5/12/20 5/18/21 5/17/22 5/16/23 5/14/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 44,974 43,809 45,580 45,706 36,717 37,811 39,664 39,720
EBITDA 1 14,881 14,386 15,208 14,665 11,019 11,007 12,145 12,257
EBIT 1 4,555 5,463 6,690 6,624 4,861 4,340 4,890 5,108
Operating Margin 10.13% 12.47% 14.68% 14.49% 13.24% 11.48% 12.33% 12.86%
Earnings before Tax (EBT) 1 795 4,400 3,954 12,816 1,620 2,893 3,482 3,541
Net income 1 -920 112 2,088 11,838 1,140 2,277 2,367 2,477
Net margin -2.05% 0.26% 4.58% 25.9% 3.1% 6.02% 5.97% 6.24%
EPS 2 -0.0313 0.003800 0.0717 0.4262 0.0421 0.0875 0.0893 0.1000
Free Cash Flow 1 5,700 5,019 5,437 4,842 10,226 2,507 3,066 3,022
FCF margin 12.67% 11.46% 11.93% 10.59% 27.85% 6.63% 7.73% 7.61%
FCF Conversion (EBITDA) 38.3% 34.89% 35.75% 33.02% 92.8% 22.77% 25.24% 24.65%
FCF Conversion (Net income) - 4,481.25% 260.39% 40.9% 897.02% 110.1% 129.56% 121.99%
Dividend per Share 2 0.0900 0.0900 0.0900 0.0900 0.0900 0.0619 0.0562 0.0580
Announcement Date 5/12/20 5/18/21 5/17/22 5/16/23 5/14/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 Q1 2023 S1 2023 S2 2024 Q1 2024 S1 2024 S2
Net sales 1 23,035 21,427 22,382 22,489 23,091 11,278 22,930 22,776 10,740 21,937 9,346
EBITDA 7,776 7,023 7,363 7,565 7,643 - 7,244 7,421 - - -
EBIT 2,874 2,549 2,914 3,290 3,400 - 3,343 3,281 - 1,655 -
Operating Margin 12.48% 11.9% 13.02% 14.63% 14.72% - 14.58% 14.41% - 7.54% -
Earnings before Tax (EBT) - - - 1,276 2,678 - 1,728 11,088 - - -
Net income 1,208 1,314 -1,202 996 1,092 - 986 10,852 - - -
Net margin 5.24% 6.13% -5.37% 4.43% 4.73% - 4.3% 47.65% - - -
EPS 0.0411 - -0.0407 0.0339 0.0378 - - - - -0.0128 0.0549
Dividend per Share 0.0450 0.0450 0.0450 0.0450 0.0450 - 0.0450 0.0450 - - 0.0450
Announcement Date 5/12/20 11/16/20 5/18/21 11/16/21 5/17/22 8/15/22 11/15/22 5/16/23 8/14/23 11/14/23 5/14/24
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 42,168 40,543 41,578 33,375 33,242 29,248 28,234 24,591
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.834 x 2.818 x 2.734 x 2.276 x 3.017 x 2.657 x 2.325 x 2.006 x
Free Cash Flow 1 5,700 5,019 5,437 4,842 10,226 2,507 3,066 3,022
ROE (net income / shareholders' equity) 2.66% 4.08% 5.79% 6.22% 3.87% 3.16% 4.29% 4.67%
ROA (Net income/ Total Assets) 1.06% 1.48% 2.07% 2.37% 0.76% 0.57% 0.78% 0.93%
Assets 1 -86,869 7,574 100,850 498,862 149,941 400,719 303,897 265,468
Book Value Per Share 2 2.090 1.890 1.890 2.290 2.210 2.340 2.590 2.510
Cash Flow per Share 2 0.5900 0.5800 0.6200 0.6500 0.6100 0.3300 0.3800 0.3900
Capex 1 7,411 7,854 8,306 8,378 6,331 7,045 7,051 7,074
Capex / Sales 16.48% 17.93% 18.22% 18.33% 17.24% 18.63% 17.78% 17.81%
Announcement Date 5/12/20 5/18/21 5/17/22 5/16/23 5/14/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
0.8595 EUR
Average target price
1.135 EUR
Spread / Average Target
+32.06%
Consensus
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  5. Financials Vodafone Group Public Limited Company