VEON

VEON — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($55.89)
DCF$93.86+67.9%
Graham Number$63.90+14.3%
Reverse DCFimplied g: 2.1%
DDM
EV/EBITDA$1401.09+2406.9%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $471.88M
Rev: 7.5% / EPS: —
Default: 9% (no SEC data)

Results

Intrinsic Value / share$94.09
Current Price$55.89
Upside / Downside+68.4%
Net Debt (used)$3.12B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-0.5%3.5%7.5%11.5%15.5%
7.0%$97.29$125.63$158.51$196.46$240.05
8.0%$71.34$94.08$120.42$150.78$185.63
9.0%$53.38$72.26$94.09$119.24$148.06
10.0%$40.22$56.28$74.83$96.16$120.58
11.0%$30.17$44.08$60.13$78.56$99.64

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $9.06
Yahoo: $20.03

Results

Graham Number$63.90
Current Price$55.89
Margin of Safety+14.3%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$55.89
Implied Near-term FCF Growth2.1%
Historical Revenue Growth7.5%
Historical Earnings Growth
Base FCF (TTM)$471.88M
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: —

Results

This company does not pay a dividend. DDM is not applicable — the intrinsic value shown uses D0 = $0 unless you enter a hypothetical dividend above.
DDM Intrinsic Value / share
Current Price$55.89
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $1.68B
Current: 59.5×
Default: $3.12B

Results

Implied Equity Value / share$1401.09
Current Price$55.89
Upside / Downside+2406.9%
Implied EV$99.78B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt$1.12B$2.12B$3.12B$4.12B$5.12B
55.5x$1332.91$1318.42$1303.92$1289.43$1274.94
57.5x$1381.49$1367.00$1352.51$1338.01$1323.52
59.5x$1430.08$1415.58$1401.09$1386.60$1372.10
61.5x$1478.66$1464.17$1449.67$1435.18$1420.68
63.5x$1527.24$1512.75$1498.26$1483.76$1469.27