VOD Stock Analysis: Vodafone | NASDAQ
Telecom Services | NASDAQ, USA | Market Cap: 38.409m USD | 12M Return: 53.3% | US92857W3088 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 55.1M
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Vodafone Group Public Limited Company is a UK-headquartered telecommunications operator providing mobile and fixed-line services across Germany, the United Kingdom, the rest of Europe, Turkey, and South Africa. The company operates a diversified business model spanning consumer connectivity, enterprise solutions, and emerging digital services, serving both private and public-sector customers across industries such as health, banking, finance, transport, logistics, retail, utilities, and agriculture. It was incorporated in 1984 and is based in Newbury, United Kingdom.
Beyond traditional connectivity, Vodafone has built a portfolio of growth platforms including IoT connectivity and platforms, cloud and edge computing solutions, unified communications, and security services. Its M-PESA mobile money platform is a notable example of telecom-led financial inclusion, particularly relevant in African markets where mobile money has become a significant payments infrastructure. The company also engages in shared infrastructure operations and leases fibre and fixed connectivity assets, reflecting the capital-intensive nature of the wireless telecommunications sector, where scale and network ownership are key competitive advantages.
- Three UK merger faces CMA regulatory approval uncertainty
- German mobile margins pressured by 1&1 network competition
- M-PESA Africa fintech growth offsets European revenue decline
| Net Income: 2.91b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA -2.04 > 1.0 |
| NWC/Revenue: 3.68% < 20% (prev 6.70%; Δ -3.02% < -1%) |
| CFO/TA 0.22 > 3% & CFO 28.1b > Net Income 2.91b |
| Net Debt (49.3b) to EBITDA (26.1b): 1.89 < 3 |
| Current Ratio: 1.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.31b) vs 12m ago -14.75% < -2% |
| Gross Margin: 34.35% > 18% (prev 35.38%; Δ -1.03% > 0.5%) |
| Asset Turnover: 63.25% > 50% (prev 53.57%; Δ 9.68% > 0%) |
| Interest Coverage Ratio: 2.23 > 6 (EBIT TTM 8.06b / Interest Expense TTM 3.62b) |
| A: 0.02 (Total Current Assets 27.1b - Total Current Liabilities 24.0b) / Total Assets 130b |
| B: -0.97 (Retained Earnings -127b / Total Assets 130b) |
| C: 0.06 (EBIT TTM 8.06b / Avg Total Assets 134b) |
| D: 0.67 (Book Value of Equity 50.7b / Total Liabilities 75.5b) |
| Altman-Z'' = -1.91 = D |
| DSRI: 1.15 (Receivables 10.8b/8.23b, Revenue 85.0b/74.4b) |
| GMI: 1.03 (GM 35.38% / 34.35%) |
| AQI: 0.96 (AQ_t 0.53 / AQ_t-1 0.55) |
| SGI: 1.14 (Revenue 85.0b / 74.4b) |
| TATA: -0.19 (NI 2.91b - CFO 28.1b) / TA 130b) |
| Beneish M = -2.82 (Cap -4..+1) = A |
As of October 05, 2026, the stock is trading at USD 16.82 with a total of 4,179,515 shares traded. Over the past week, the price has changed by +1.20%, over one month by +4.67%, over three months by +27.91% and over the past year by +53.29%.
Current recommended Stop Loss: 16.40 (which is 2.5% or 1.4 ATR below the current price).
Vodafone has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold VOD.
- StrongBuy: 0
- Buy: 0
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 15.8 | -6.4% |
Market Cap EUR = 34.1b (38.4b USD * 0.88889998197556 USD.EUR)
P/E Forward = 35.5872
P/S = 0.9493
P/B = 0.6519
P/EG = 0.6057
Revenue TTM = 85.0b EUR
EBIT TTM = 8.06b EUR
EBITDA TTM = 26.1b EUR
Long Term Debt = 35.9b EUR (from longTermDebt, last quarter)
Short Term Debt = 7.14b EUR (from shortTermDebt, last quarter)
Debt = 65.1b EUR (from shortLongTermDebtTotal, last quarter) + Leases 12.4b
Net Debt = 49.3b EUR (calculated: Debt 65.1b - CCE 15.8b)
Enterprise Value = 83.5b EUR (34.1b + Debt 65.1b - CCE 15.8b)
Interest Coverage Ratio = 2.23 (Ebit TTM 8.06b / Interest Expense TTM 3.62b)
EV/FCF = 4.50x (Enterprise Value 83.5b / FCF TTM 18.6b)
FCF Yield = 22.24% (FCF TTM 18.6b / Enterprise Value 83.5b)
FCF Margin = 21.82% (FCF TTM 18.6b / Revenue TTM 85.0b)
Net Margin = 3.42% (Net Income TTM 2.91b / Revenue TTM 85.0b)
Gross Margin = 34.35% ((Revenue TTM 85.0b - Cost of Revenue TTM 55.8b) / Revenue TTM)
Gross Margin QoQ = 37.00% (prev 30.47%)
Tobins Q-Ratio = 0.64 (Enterprise Value 83.5b / Total Assets 130b)
Interest Expense / Debt = 5.56% (Interest Expense 3.62b / Debt 65.1b)
Taxrate = 47.19% (3.01b / 6.38b)
NOPAT = 4.26b (EBIT 8.06b * (1 - 47.19%))
Current Ratio = 1.13 (Total Current Assets 27.1b / Total Current Liabilities 24.0b)
Debt / Equity = 1.28 (Debt 65.1b / totalStockholderEquity, last quarter 50.7b)
Debt / EBITDA = 1.89 (Net Debt 49.3b / EBITDA 26.1b)
Debt / FCF = 2.66 (Net Debt 49.3b / FCF TTM 18.6b)
Total Stockholder Equity = 56.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.16% (Net Income 2.91b / Total Assets 130b)
RoE = 5.13% (Net Income TTM 2.91b / Total Stockholder Equity 56.8b)
RoCE = 8.70% (EBIT 8.06b / Capital Employed (Equity 56.8b + L.T.Debt 35.9b))
RoIC = 3.91% (NOPAT 4.26b / Invested Capital 109b)
WACC = 3.87% (E(34.1b)/V(99.2b) * Re(5.66%) + D(65.1b)/V(99.2b) * Rd(5.56%) * (1-Tc(0.47)))
Discount Rate = 5.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.58 | Cagr: -4.22%
[DCF] Terminal Value 73.10% ; FCFF base≈20.2b ; Y1≈17.7b ; Y5≈14.3b
[DCF] Fair Price = 78.03 (EV 230b - Net Debt 49.3b = Equity 180b / Shares 2.31b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 87.41 | Revenue CAGR: 15.00% | SUE: N/A | # QB: 0
EPS current Year (2026-03-31): EPS=1.04 | Chg30d=+96.60% | Revisions=-25% | GrowthEPS=+32.1% | GrowthRev=+8.2%
EPS next Year (2027-03-31): EPS=1.10 | Chg30d=-0.14% | Revisions=+0% | GrowthEPS=+0.0% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -17% (up=1, down=2)