Financials Vodafone Group Plc Deutsche Boerse AG

Equities

VODI

GB00BH4HKS39

Wireless Telecommunications Services

Real-time Estimate Tradegate 13:52:10 24/06/2024 BST 5-day change 1st Jan Change
0.852 EUR +0.28% Intraday chart for Vodafone Group Plc +2.94% +7.41%

Valuation

Fiscal Period: Maart 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 34,034 43,727 39,776 27,419 22,314 22,660 - -
Enterprise Value (EV) 1 76,202 84,270 81,354 60,794 55,556 51,620 50,331 47,075
P/E ratio -40.6 x 408 x 20.7 x 2.38 x 19.6 x 10.3 x 9.71 x 8.74 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 1.36 x 1.27 x 1.18 x
EV / EBITDA 5.12 x 5.86 x 5.35 x 4.15 x 5.04 x 4.68 x 4.18 x 3.89 x
EV / FCF 13.4 x 16.8 x 15 x 12.6 x 5.43 x 20.6 x 16.9 x 15.4 x
FCF Yield 7.48% 5.96% 6.68% 7.96% 18.4% 4.86% 5.93% 6.51%
Price to Book 0.61 x 0.82 x 0.79 x 0.44 x 0.37 x 0.37 x 0.34 x 0.35 x
Nbr of stocks (in thousands) 26,771,934 28,211,023 26,839,146 26,997,639 27,079,994 26,772,125 - -
Reference price 2 1.271 1.550 1.482 1.016 0.8240 0.8464 0.8464 0.8464
Announcement Date 12/05/20 18/05/21 17/05/22 16/05/23 14/05/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 44,974 43,809 45,580 45,706 36,717 37,866 39,671 39,736
EBITDA 1 14,881 14,386 15,208 14,665 11,019 11,021 12,049 12,111
EBIT 1 4,555 5,463 6,690 6,624 4,861 4,510 4,998 5,236
Operating Margin 10.13% 12.47% 14.68% 14.49% 13.24% 11.91% 12.6% 13.18%
Earnings before Tax (EBT) 1 795 4,400 3,954 12,816 1,620 2,986 3,652 3,882
Net income 1 -920 112 2,088 11,838 1,140 1,986 2,326 2,447
Net margin -2.05% 0.26% 4.58% 25.9% 3.1% 5.24% 5.86% 6.16%
EPS 2 -0.0313 0.003800 0.0717 0.4262 0.0421 0.0818 0.0871 0.0968
Free Cash Flow 1 5,700 5,019 5,437 4,842 10,226 2,510 2,986 3,064
FCF margin 12.67% 11.46% 11.93% 10.59% 27.85% 6.63% 7.53% 7.71%
FCF Conversion (EBITDA) 38.3% 34.89% 35.75% 33.02% 92.8% 22.77% 24.78% 25.3%
FCF Conversion (Net income) - 4,481.25% 260.39% 40.9% 897.02% 126.41% 128.39% 125.22%
Dividend per Share 2 0.0900 0.0900 0.0900 0.0900 0.0900 0.0619 0.0562 0.0580
Announcement Date 12/05/20 18/05/21 17/05/22 16/05/23 14/05/24 - - -
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 12/05/20 16/11/20 18/05/21 16/11/21 17/05/22 15/08/22 15/11/22 16/05/23 14/08/23 14/11/23 14/05/24
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 28,960 27,671 24,415
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.834 x 2.818 x 2.734 x 2.276 x 3.017 x 2.628 x 2.297 x 2.016 x
Free Cash Flow 1 5,700 5,019 5,437 4,842 10,226 2,510 2,986 3,064
ROE (net income / shareholders' equity) 2.66% 4.08% 5.79% 6.22% 3.87% 3.36% 4.44% 4.76%
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 7,574 100,850 498,862 149,941 349,465 298,648 262,203
Book Value Per Share 2 2.090 1.890 1.890 2.290 2.210 2.290 2.520 2.440
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 7,029 7,038 6,983
Capex / Sales 16.48% 17.93% 18.22% 18.33% 17.24% 18.56% 17.74% 17.57%
Announcement Date 12/05/20 18/05/21 17/05/22 16/05/23 14/05/24 - - -
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
0.8464 EUR
Average target price
1.133 EUR
Spread / Average Target
+33.86%
Consensus
  1. Stock Market
  2. Equities
  3. VOD Stock
  4. VODI Stock
  5. Financials Vodafone Group Plc