VOD Stock Analysis: Vodafone | NASDAQ
Telecom Services | NASDAQ, USA | Market Cap: 36.236m USD | 12M Return: 30.3% | US92857W3088 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 54.4M
Warnings
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 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: -2.76b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 1.63 > 1.0 |
| NWC/Revenue: 1.07% < 20% (prev 4.41%; Δ -3.34% < -1%) |
| CFO/TA 0.22 > 3% & CFO 28.8b > Net Income -2.76b |
| Net Debt (58.7b) to EBITDA (29.0b): 2.03 < 3 |
| Current Ratio: 1.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.31b) vs 12m ago -13.98% < -2% |
| Gross Margin: 34.40% > 18% (prev 34.21%; Δ 0.19% > 0.5%) |
| Asset Turnover: 67.85% > 50% (prev 61.46%; Δ 6.39% > 0%) |
| Interest Coverage Ratio: 2.34 > 6 (EBIT TTM 8.39b / Interest Expense TTM 3.59b) |
| A: 0.01 (Total Current Assets 24.1b - Total Current Liabilities 23.1b) / Total Assets 129b |
| B: -1.06 (Retained Earnings -137b / Total Assets 129b) |
| C: 0.07 (EBIT TTM 8.39b / Avg Total Assets 129b) |
| D: 0.53 (Book Value of Equity 43.5b / Total Liabilities 81.6b) |
| Altman-Z'' = -2.41 = D |
| DSRI: 1.01 (Receivables 11.8b/10.7b, Revenue 87.5b/79.2b) |
| GMI: 0.99 (GM 34.21% / 34.40%) |
| AQI: 0.96 (AQ_t 0.52 / AQ_t-1 0.55) |
| SGI: 1.11 (Revenue 87.5b / 79.2b) |
| TATA: -0.24 (NI -2.76b - CFO 28.8b) / TA 129b) |
| Beneish M = -3.00 (Cap -4..+1) = AA |
As of November 14, 2026, the stock is trading at USD 15.37 with a total of 3,865,993 shares traded. Over the past week, the price has changed by -2.88%, over one month by +0.65%, over three months by -3.73% and over the past year by +30.33%.
Current recommended Stop Loss: 14.90 (which is 3.1% or 1.3 ATR below the current price).
Vodafone has received a consensus analysts rating of 3.60. Therefore, it is recommended to hold VOD.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 16.1 | 4.9% |
Market Cap EUR = 32.6b (36.2b USD * 0.90079998970032 USD.EUR)
P/E Forward = 34.6021
P/S = 0.8485
P/B = 0.7539
P/EG = 0.6057
Revenue TTM = 87.5b EUR
EBIT TTM = 8.39b EUR
EBITDA TTM = 29.0b EUR
Long Term Debt = 35.9b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 6.94b EUR (from shortTermDebt, last quarter)
Debt = 70.2b EUR (from shortLongTermDebtTotal, last quarter) + Leases 12.4b
Net Debt = 58.7b EUR (calculated: Debt 70.2b - CCE 11.4b)
Enterprise Value = 91.4b EUR (32.6b + Debt 70.2b - CCE 11.4b)
Interest Coverage Ratio = 2.34 (Ebit TTM 8.39b / Interest Expense TTM 3.59b)
EV/FCF = 4.94x (Enterprise Value 91.4b / FCF TTM 18.5b)
FCF Yield = 20.23% (FCF TTM 18.5b / Enterprise Value 91.4b)
FCF Margin = 21.12% (FCF TTM 18.5b / Revenue TTM 87.5b)
Net Margin = -3.16% (Net Income TTM -2.76b / Revenue TTM 87.5b)
Gross Margin = 34.40% ((Revenue TTM 87.5b - Cost of Revenue TTM 57.4b) / Revenue TTM)
Gross Margin QoQ = 32.96% (prev 37.00%)
Tobins Q-Ratio = 0.71 (Enterprise Value 91.4b / Total Assets 129b)
Interest Expense / Debt = 5.12% (Interest Expense 3.59b / Debt 70.2b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 6.63b (EBIT 8.39b * (1 - 21.00%))
Current Ratio = 1.04 (Total Current Assets 24.1b / Total Current Liabilities 23.1b)
Debt / Equity = 1.61 (Debt 70.2b / totalStockholderEquity, last quarter 43.5b)
Debt / EBITDA = 2.03 (Net Debt 58.7b / EBITDA 29.0b)
Debt / FCF = 3.18 (Net Debt 58.7b / FCF TTM 18.5b)
Total Stockholder Equity = 51.0b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.14% (Net Income -2.76b / Total Assets 129b)
RoE = -5.42% (Net Income TTM -2.76b / Total Stockholder Equity 51.0b)
RoCE = 9.66% (EBIT 8.39b / Capital Employed (Equity 51.0b + L.T.Debt 35.9b))
RoIC = 6.11% (NOPAT 6.63b / Invested Capital 109b)
WACC = 4.53% (E(32.6b)/V(103b) * Re(5.57%) + D(70.2b)/V(103b) * Rd(5.12%) * (1-Tc(0.21)))
Discount Rate = 5.57% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -92.07 | Cagr: -6.79%
[DCF] Terminal Value 77.67% ; FCFF base≈17.6b ; Y1≈19.9b ; Y5≈28.0b
[DCF] Fair Price = 157.5 (EV 424b - Net Debt 58.7b = Equity 365b / Shares 2.32b; r=8.35% [WACC [floored]]; 5y FCF grow 13.06% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 96.95 | Revenue CAGR: 18.32% | 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=1.00 | Chg30d=-9.07% | Revisions=+0% | GrowthEPS=+0.0% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -17% (up=1, down=2)