VOD LN

Vodafone Group plc

TMT


Presented:12/18/2023
Price:£0.67
Cap:$27.97B
Current Price:£0.74
Cap:$29.84B

Presented

Date12/18/2023
Price£0.67
Market Cap$27.97B
Ent Value$102.68B
P/E Ratio1.97x
Book Value£1.94
Div Yield5.75%
Shares O/S27,078.40M
Ave Daily Vol52,606,139
Short IntN/A

Current

Price£0.74
Market Cap$29.84B
Vodafone Group Plc engages in telecommunication services in Europe and internationally. The firms offers mobile services that enable customers to call, text and access data, fixed line services, including broadband, television (TV) offerings, and voice and convergence services under the GigaKombi and Vodafone One names to customers. It also provides mobile, fixed and a suite of converged communication services, such as Internet of Things (IoT) comprising managed IoT connectivity, automotive and insurance services, as well as smart metering and health solutions, cloud and security portfolio comprising public and private cloud services, as well as cloud-based applications and products for securing networks and devices and international voice, IP transit and messaging services to support business customers that include small home offices and large multi-national companies. The company was founded on July 17, 1984 and is headquartered in Newbury, the United Kingdom.

Publicly traded companies mentioned herein: Vantage Towers AG (VTWR GR), Vodacom Group Ltd (VOD SJ), Vodafone Group PLC (VOD LN)

Highlights

The presenter is long shares of Vodafone Group PLC (VOD LN), one of the largest telecom companies in Europe. The company has seemingly been directionless for the better part of two decades, which has led investors to give up on the stock and incorrectly focus on a potential dividend cut when in actuality the company is being slowly liquidated. On a SOTP basis, he sees 75% upside from the current GBp67 share price using a reasonable ~4x EBITDA multiple on the UK and German businesses. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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