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VEON

πŸ“‘ Communication Services

VEON Ltd.

Conservative #402Aggressive #416Low RiskHigh 100
$56.39+1.29%
Day High$56.84
Day Low$56.00
Volume0.1M
Mkt Cap$3.9B
52W Low $3552W High $64
Market Cap
$3.9B
P/E Ratio
6.0
Sector avg: 120.6
Rev Growth
8.3%
Sector avg: 15.8%
Earnings Growth
116.4%
Profit Margin
15.2%
Sector avg: -116.3%
Debt/Equity
3.12

Why This Score

VEON scores 56.1 on the Conservative profile, blending a fundamental score (80% weight, emphasizing quality and stability (84% of fundamental weight)) with a machine-learning signal (20% weight) trained on 82 features across 30 years of data.

Strengths
  • Strong profitability: ROE of 49.0% exceeds the 15% quality threshold.
  • Attractively valued at 6.0x earnings, below the market average.
  • Positive but moderate momentum (17%) β€” steady appreciation without overheating.
  • High conviction (100/100) β€” fundamental and ML signals agree on this stock.
Risk Factors
  • Liquidity concern: Limited trading volume or float results in a 5-point penalty for execution risk.
  • Elevated leverage (D/E 3.12) increases financial risk in a rising-rate environment.

Moderate penalties (-5.0 points) reflect identified risk factors. The overall score balances these against the stock's fundamental strengths.

Score Breakdown

Overall Score56.1
Fundamental Score58.4
ML Score52.0

Score by Horizon

3 Month
66.8
6 Month
74.6
Primary
1 Year
78.6

Quality Assessment

C
Earnings Grade
Mixed fundamentals, potential quality issues
Quality Flags
Extreme leverage: D/E ratio of 3.1x β€” balance sheet risk

Position Sizing

Suggested Allocation
5%
Confidence
high

Score Composition Waterfall

How each component affects the final score
Backtested Scoring Levers (IC-calibrated from 30y ElasticNet)
Weinstein (12.1%)
100
Advancing
Sentiment (2.5%)
53
Neutral
Analyst (6.4%)
69
Favorable
Tradability (post-hoc)
43
Grade Clow volume, low dollar volume
Base
52.1
SHAP
+1.5
Factors
+0.7
Conviction
+1.8
Final
56.1
Positive adjustment
Negative adjustment
Base blend
Final score

Signal SegmentsComputed from ML features

Fundamental (Valuation, Quality, Growth)73.0
Technical (Momentum, Weinstein, Volatility)54.0
External (Sentiment, Analyst, Macro)68.0
Scores below 50 indicate weakness in that segment relative to the universe.

Data Quality

Score
Features
Confidence
Feature Coverage89%

Growth Estimates

Short-term
-5.2% to +1.2%
Medium-term
-7.8% to +1.8%
Long-term
-10.4% to +2.4%

ML Model Core Features100 trained inputs β†’ ML Score: 52

These features are direct inputs to the machine learning model. The model was trained on these signals alongside 100 features (including 12 momentum/technical indicators) to produce the ML percentile score.

Analyst Intelligence
Consensus Score69.2/100
Target Upside+0.0%
Coverage13 analysts
Market Sentiment
Sentiment Score52.9/100
News Volume1 articles
Technical Stage
Weinstein Stage2 β€” Advancing
12M Momentum+0.2%
6M Momentum-0.1%
Volatility+0.1%
Momentum & Technical
Momentum Acceleration+27.6%
Momentum ConsistencyDivergent (-0.60)
Relative Strength vs Sector+17.2%
Trend Strength (ADX Proxy)Moderate (1.7)
Momentum Quality+0.141
Momentum BreadthNarrow
Macro Regime
Bull RegimeYes
High Vol RegimeNo
S&P 500 Return+25.0%
Yield Curve-0.1bp

Sector-Relative AnalysisIn-model features

Value Trap Signal
18%
Moderate β€” watch growth
Sector RevGr Rank
P60
Revenue growth vs Communication Services peers
Sector PE Rank
P63
Valuation vs Communication Services peers
Sector FCF Rank
P71
Free cash flow vs Communication Services peers
Growth Deviation
+0.1Οƒ
Z-score vs sector median
Stagnation Flag
NO
Not flagged

Analysis Signals

Scoring Factors
Fundamental score of 80 relative to sector peers80/100
Machine learning model ranks this stock at the 78th percentileP78
ML model weight reduced to 9% due to macro conditions: market in extended rally phase; yield curve inverted (recession indicator); late-cycle economic indicators detected9% ML weight
SHAP feature alignment: +3.0pt (features align with model priorities)β€”
Blend: 91% fund (80.3) + 9% ML (78.4) + SHAP(+3.0) = 83.1β€”
Factor quality: +1.3pt (multi-factor composite)β€”
Risk assessment: low. Annualized volatility 9.9%. Max drawdown 18% (-3.9 pts)Low
Market cap adjustment: +0.5 points ($3.9B market cap)+0.5 pts
Conviction bonus: +3.6pt (conviction=100)β€”
Risk Factors
Earnings quality grade C: mixed earnings quality, some red flags. Score adjusted by -22 pointsGrade C
Quality concern: Earnings growth (116%) far exceeds revenue growth (8.3%) β€” margin expansion may not be sustainable; High accrual ratio (-93.4%) β€” earnings quality concern; Extreme leverage: D/E ratio of 3.1x β€” balance sheet riskFlag

Sector Peer Comparison(Communication Services β€” Rank #16 of 60 stocks)

StockScoreP/ERev GrowthMarginMkt Cap
VEON56.16.08.3%15.2%$3.9B
GOOGL82.828.315.1%32.8%$3.7T
EA75.175.1-1.3%15.0%$50.2B
MTCH74.512.83.4%15.8%$7.3B
META72.027.222.2%30.1%$1.6T
TIGO69.810.12.5%4.4%$11.0B
BZ65.521.923.6%21.5%$8.1B
NXST65.214.49.6%13.4%$7.0B
SIRI63.69.5-1.6%9.4%$7.2B
CMCSA63.65.9-0.0%16.2%$115.0B
JOYY60.91.9-1.3%83.2%$3.3B
EVER60.610.473.7%8.4%$566M
NFLX59.630.415.9%24.3%$326.1B
TMUS59.322.68.5%12.4%$245.5B
NWS56.712.62.4%12.2%$14.7B
WMG56.451.74.4%5.4%$15.4B
Sector Average43.5120.615.8%-116.3%β€”

Market Sentimentvia FMP

Analyst Consensus
Buy13 analysts
Buy: 10Hold: 3

Company Overviewvia FMP

VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit: https://www.veon.com.

CEO
Muhterem Kaan Terzioglu
Employees
18,027
Beta
1.59
Industry
Telecommunications Services
FMP-Identified Peers

Technical Picturecomputed from daily prices

RSI (14)
63.4
Neutral
Trend
Bullish
10-day vs 50-day MA
From 52W High
-11.9%
High: $64
From 52W Low
+63.2%
Low: $34.55
Moving Averages
10-Day
$54.80
Above
20-Day
$54.20
Above
50-Day
$53.50
Above
200-Day
$51.80
Above
60-Day Support
$48.68
60-Day Resistance
$57
Weinstein Stage Analysisbased on 200-day SMA framework
Stage 2 β€” AdvancingScore: 69/100

Stock is in an uptrend above the 200-day moving average. This is the stage where institutional accumulation typically occurs. The 50-day SMA provides support.

Favorable technical position; 50-day SMA acts as support
Price vs 200 SMA
+8.9%
200 SMA Slope (60d)
+5.65%
Rising
Volume Ratio
0.92x
10d avg vs 50d avg
Days in Stage
67
Confidence: 90%

Financial Statementslast 4 quarters via FMP

MetricQ3 2025Q2 2025Q1 2025Q4 2024
Revenue$1.1B$1.1B$1.0B$998M
Gross Profit$982M$983M$897M$867M
Operating Income$59M$820M$239M$230M
Net Income$-131M$595M$99M$81M
EPS (Diluted)$-1.91$8.50$1.41$1.15
Gross Margin88.1%90.4%87.4%86.9%
Operating Margin5.3%75.4%23.3%23.0%
Net Margin-11.7%54.7%9.6%8.1%

Why This Stock

Communication ServicesP/E ratio of 6.0Profit margin 15.2%Valuation below sector median (P/E 6.0)

Tradability FilterGrade C β€” 43/100Score impact: +2.2pt

Volume
12
85K avg/day
Dollar Vol
46
$5M/day
Float
39
17M shares
Mkt Cap
65
$3.9B
Range
100
85% spread
Composite Liquidity Score43/100
FDCBA
low volumelow dollar volumelow float

Multi-Year Range Analysis

Sideways: 0/100
YearLowHighRangeStatus
2021$39.00$59.5041.6%Wide
2022$6.00$44.50152.5%Wide
2023$10.75$21.6067.1%Wide
2024$18.50$41.8077.3%Wide
2025$34.55$64.0059.8%Wide
3-Year Range
142.5%
Narrow Years
0 / 5
Sideways Penalty
None

Growth Projection Adjustment

0.15x dampening
weinstein declining

Growth estimates have been dampened based on technical and fundamental signals. This is a post-hoc adjustment to prevent overly optimistic projections for stocks showing declining momentum or deteriorating fundamentals.

Free Float
24.4%
Outstanding Shares
69M
Bid-Ask Spread
85.0%
Institutional Tradable
Limited

Scores are generated by a multi-stage ML pipeline combining fundamental analysis, ensemble predictions, and structural risk signals. All data is for research purposes only and does not constitute financial advice. Past performance does not guarantee future results.