VEONVEON -0.37%77 OCF Margin % is 32.97% as of Mar. 2026, which is 2% below its 10-year median of 33.60. 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 61.58% on this metric.
OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. VEON's Cash Flow from Operations for the
three
months ended in Mar. 2026 was $396 Mil. VEON's Revenue for the
three
months ended in Mar. 2026 was $1,201 Mil. Therefore, VEON's OCF Margin % for the quarter that ended in Mar. 2026 was 32.97%.
The historical rank and industry rank for VEON's OCF Margin % or its related term are showing as below:
VEON'
s OCF Margin % Range Over the Past 10 Years
Min: 21.1 Med: 33.6 Max: 70.16
Current: 28.82
During the past 13 years, the highest OCF Margin % of VEON was 70.16%. The lowest was 21.10%. And the median was 33.60%.
VEON's OCF Margin % is ranked better than 61.58% of 367
companies
in the Telecommunication Services industry
Industry Median: 22.44
vs VEON: 28.82
VEON OCF Margin % Related Terms
VEON OCF Margin % Historical Data
* Premium members only.
The historical data trend for VEON's OCF 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.
For the Telecom Services subindustry, VEON's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, VEON's OCF Margin % distribution charts can be found below:
* The bar in red indicates where VEON's OCF 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 OCF Margin % of 32.97% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on VEON and its competitors. This is near median its historical median of 33.60. Over the past decade, VEON's OCF Margin % has ranged from 21.10 to 70.16. According to the industry distribution chart, VEON ranks #141 out of 367 companies in the Telecommunication Services industry, placing it in the top 38.4%.
Is VEON's OCF Margin % too high?
VEON's current OCF Margin % of 32.97% is near median its 10-year median of 33.60. Over the past 10 years, this metric has ranged from a low of 21.10 to a high of 70.16. The Telecommunication Services industry median OCF Margin % is 22.44. VEON's value of 32.97% is 46.9% above this industry median. Based on the distribution chart, VEON ranks #141 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. 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 OCF Margin % compare to LBTYA and AD?
According to the Telecommunication Services industry distribution chart, VEON ranks #141 out of 367 companies for OCF Margin %. This puts VEON in the upper half of its industry. The industry median OCF Margin % is 22.44. VEON's value of 32.97% is 46.9% above this benchmark. Historically, VEON's own OCF Margin % has ranged from 21.10 to 70.16 over the past decade. While the company's 10-year median is 33.60 vs. the industry median of 22.44, 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 OCF Margin % for a Telecommunication Services company?
The median OCF Margin % among Telecommunication Services companies is 22.44, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VEON's current OCF Margin % of 32.97% is 46.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on VEON and its competitors. For the Telecommunication Services industry, the median OCF Margin % is 22.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VEON's current OCF Margin % is 32.97%, which is near median its own 10-year median of 33.60. 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 OCF Margin % is 32.97%, which is near median its 10-year median of 33.60 and 46.9% above the Telecommunication Services industry median of 22.44. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For VEON (VEON), the current OCF Margin % is 32.97% 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:
OCF Margin %: 32.97% (near median its 10-year median of 33.60)
GF Value™: $40.08 vs. price of $51.65 (28.9% above fair value)
Industry Position: 46.9% above the Telecommunication Services median (#141 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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