VEONVEON -0.37%77 EBITDA Margin % is 45.13% as of Mar. 2026, which is 6% below its 10-year median of 48.18. GuruFocus rates VEON with a GF Score™ of 77/100 and a GF Value™ of $40.08 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 367 Telecommunication Services companies, VEON ranks better than 78.47% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. VEON's EBITDA for the
three
months ended in Mar. 2026 was $542 Mil. VEON's Revenue for the
three
months ended in Mar. 2026 was $1,201 Mil. Therefore, VEON's EBITDA margin for the quarter that ended in Mar. 2026 was 45.13%.
VEON (NAS:VEON) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
VEON EBITDA Margin % Related Terms
VEON EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for VEON's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
VEON vs LBTYA, AD, TDS: EBITDA Margin % Comparison
For the Telecom Services subindustry, VEON's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
VEON EBITDA Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, VEON's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where VEON's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
VEON (VEON) has a EBITDA Margin % of 45.13% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on VEON and its competitors. This is near median its historical median of 48.18. Over the past decade, VEON's EBITDA Margin % has ranged from 35.43 to 57.60. According to the industry distribution chart, VEON ranks #79 out of 367 companies in the Telecommunication Services industry, placing it in the top 21.5%.
Is VEON's EBITDA Margin % too high?
VEON's current EBITDA Margin % of 45.13% is near median its 10-year median of 48.18. Over the past 10 years, this metric has ranged from a low of 35.43 to a high of 57.60. The Telecommunication Services industry median EBITDA Margin % is 25.57. VEON's value of 45.13% is 76.5% above this industry median. Based on the distribution chart, VEON ranks #79 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, VEON has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VEON's EBITDA Margin % compare to LBTYA and AD?
According to the Telecommunication Services industry distribution chart, VEON ranks #79 out of 367 companies for EBITDA Margin %. This places VEON in the top 22% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 25.57. VEON's value of 45.13% is 76.5% above this benchmark. Historically, VEON's own EBITDA Margin % has ranged from 35.43 to 57.60 over the past decade. While the company's 10-year median is 48.18 vs. the industry median of 25.57, VEON has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Telecommunication Services company?
The median EBITDA Margin % among Telecommunication Services companies is 25.57, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VEON's current EBITDA Margin % of 45.13% is 76.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on VEON and its competitors. For the Telecommunication Services industry, the median EBITDA Margin % is 25.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VEON's current EBITDA Margin % is 45.13%, which is near median its own 10-year median of 48.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VEON stock overvalued right now?
Based on GuruFocus' analysis, VEON (VEON) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.08, compared to a current price of $51.65 — trading 28.9% above its estimated fair value. The current EBITDA Margin % is 45.13%, which is near median its 10-year median of 48.18 and 76.5% above the Telecommunication Services industry median of 25.57. VEON's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For VEON (VEON), the current EBITDA Margin % is 45.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VEON (VEON) Overvalued in 2026?
Based on GuruFocus' analysis, VEON stock appears to be overvalued.
The current stock price of $51.65 is trading 28.9% above its estimated GF Value™ of $40.08.
GuruFocus considers VEON to be Modestly Overvalued.
Key valuation signals for VEON:
EBITDA Margin %: 45.13% (near median its 10-year median of 48.18)
GF Value™: $40.08 vs. price of $51.65 (28.9% above fair value)
Industry Position: 76.5% above the Telecommunication Services median (#79 of 367)
No single metric tells the full story. See the VEON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VEON Ltd is a United Arab Emirates-based digital operator providing connectivity and Internet services to corporations and individuals. The company offers mobile and fixed-line telecommunications services through a range of traditional and broadband mobile technologies. The company's reportable segments consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. It provides its services under the Beeline, Kyivstar, Banglalink, and Jazz brands. It generates the majority of its revenue from Pakistan. Its telecommunications and digital services include voice, fixed broadband, data and cloud services.
77GF Score
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