Vodafone Group Public Limited Company

116.50pAs of Sun 8 Nov 2026, 12:00 UTC

LSE:VODCommunication

Ctry United Kingdom

PE (Fwd) •••

TSR 10Y CAGR (0.11%)

Div yield 3.48%

ROE 0.11%

Telecom Services

Beta (5Y) 0.32

PE TTM —

TSR TTM 31.52%

Mkt cap £26.82B

ROIC 0.10%

SE Grade™

Value

Quality

Moat

Consensus

Reference

123p

5.26%

(89.95%)

Hold 8|7|7|7|1

TTM

FYE 31 Mar EUR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

3.937

Revenue€B

4.029

4.251

4.376

4.601

4.736

4.860

5.141

5.318

5.510

5.696

4.294

3.76%

4.21%

4.00

Revenue growth%

9.01

6.85

6.56

3.57

2.89

1.75

0.82

3.20

4.39

7.08

25.49

3.20

3.98

10.46

Gross margin%

8.57

11.09

8.87

7.65

4.68

7.36

4.67

3.50

2.58

1.43

19.46

3.50

6.02

21.77

Operating margin%

7.00

8.47

9.72

7.44

9.21

9.04

7.44

9.32

8.95

7.98

22.99

8.95

8.71

24.43

Net margin%

19.89

21.36

20.16

22.35

22.13

25.02

26.15

29.07

30.03

28.81

18.38

28.81

23.68

7.982

P/E ratio (avg)x

40.66

38.19

41.99

42.84

47.60

48.46

50.22

56.88

51.93

55.24

17.53

51.93

48.03

20.38

EV/EBITx

41.85

43.29

47.76

51.30

50.69

55.66

59.88

65.81

70.96

73.74

13.27

65.81

53.48

5.18

FCF yield (avg)%

35.73

37.09

39.12

36.75

37.77

39.65

40.69

37.94

40.15

37.74

11.54

39.65

37.86

15.19

FCF margin%

16.74

17.60

20.59

23.30

21.11

22.87

23.57

25.01

25.68

26.00

8.47

25.01

23.08

0.134

FCF / Net incomex

1.589

1.757

1.864

2.106

2.354

2.368

2.688

2.831

3.249

3.762

0.259

2.831

2.361

20.97

ROIC%

15.54

16.51

18.44

20.66

20.84

18.36

18.49

18.02

19.76

19.50

27.89

18.49

18.46

12.96

Return on equity%

0.40

1.34

2.72

5.32

5.45

2.73

4.35

3.25

2.81

5.60

18.29

3.25

3.03

4.48

Return on assets%

25.70

24.47

25.93

23.53

21.78

20.59

19.82

22.55

23.40

20.61

26.66

20.61

22.97

0.11

EPS€

0.07

0.08

0.07

0.06

0.05

0.12

(3.57%)

(5.31%)

—

26.77

EPS growth%

3.95

0.96

0.40

11.39

0.40

0.02

Bookvalue per sh€

0.07

0.06

0.07

0.06

0.07

0.08

0.09

0.03

3.78%

2.73%

—

0.04

FCF per share€

0.02

0.01

0.03

(4.71%)

(5.58%)

—

0.07

Dividend per sh€

0.03

0.02

0.03

0.02

0.11

(4.29%)

(2.60%)

—

23.81

Div yield (avg)%

16.31

14.49

15.58

15.97

17.07

17.67

16.16

16.37

17.54

19.10

2.31

17.54

16.34

22.04

Payout ratio%

24.80

25.40

26.23

27.09

24.70

23.44

22.48

24.34

23.94

25.69

14.56

23.94

24.75

23.21

Shares (diluted)B

20.12

19.70

20.20

21.70

21.91

20.80

20.73

21.08

18.74

18.38

23.30

(3.45%)

(1.11%)

13.08

Buyback yield%

20.33

17.80

19.41

18.37

17.98

16.50

15.17

15.36

17.44

18.25

10.07

16.50

17.89

0.545

D/E ratiox

0.256

0.283

0.308

0.299

0.324

0.340

0.333

0.387

0.359

0.333

0.869

0.340

0.329

0.446

Enterprise value€B

3.482

3.198

3.139

3.309

3.356

3.071

3.291

3.312

3.638

3.710

1.849

2.02%

1.72%

1.340

LT debt€B

4.430

4.208

4.926

5.123

5.657

6.392

7.381

8.153

8.467

9.830

0.305

11.69%

8.75%

Peers (US$36.09B)

Cap (US$)

BT Group plc

28.77B

17.53x

Airtel Africa Plc

13.55B

17.98x

Zegona Communications…

5.207B

—

Chunghwa Telecom Co.…

38.31B

30.07x

Capital

TTM

10Y

Leveragex

0.222

(0.396)

(0.308)

EBIT/Intx

1.583

0.701

0.573

Own earn%

(4.79)

(0.21)

5.45

Sh yield%

36.89

34.16

34.66

Owners

Insiders/Inst%

10.26

76.81

Short interest%

4.80

SBC / revenue%

5.15

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

7–10

$1 testx

0.0

Incr. ROIC%

Vodafone Group Public Limited Company provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa. It offers mobile and fixed services; connectivity business solutions, such as digital services, the Internet of Things (IoT) and financial services; and IoT platforms.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

€5.696B

4.21%

1.00×

Cost of revenue

€2.959B

4.37%

1.01×

Operating expenses

€970.9M

3.61%

0.94×