Vodafone Group (VOD)

Sector:

Telecom Operators

Index:

FTSE 100

69.98p
   
  • Change Today:
      0.58p
  • 52 Week High: 90.03
  • 52 Week Low: 62.97
  • Currency: UK Pounds
  • Shares Issued: 27,080m
  • Volume: 90,435,604
  • Market Cap: £18,951m
  • RiskGrade: 130

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 8.7% 6.2% 5.9% 6.8% 5.5%
           
Continuing Operations          
PE Ratio - Adjusted 9.1 12.4 19.0 23.5 26.0
PE Ratio - Diluted 2.4
9.1		 18.9
12.5		 404.0
n/a		 n/a
n/a		 n/a
9.6
PEG - Adjusted n/a 0.3 0.4 n/a n/a
PEG - Diluted 0.0
n/a		 0.0
n/a		 n/a
n/a		 n/a
n/a		 n/a
0.1
Return on Capital Employed 16.53%
7.66%		 7.57%
8.96%		 0.07%
0.07%		 4.87%
3.99%		 n/a
4.98%
Operating Margin 30.33%
13.06%		 11.90%
13.67%		 10.85%
10.37%		 9.66%
7.91%		 (0.11%)
11.09%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 9.1 12.4 1,882.2 23.5 26.0
PE Ratio - Diluted 2.4
9.1		 18.9
12.5		 40,020.6
n/a		 n/a
n/a		 n/a
39.1
PEG - Adjusted n/a 0.0 n/a n/a 3.2
PEG - Diluted 0.0
n/a		 0.0
n/a		 n/a
n/a		 n/a
n/a		 n/a
3.6

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Net Gearing 87.02% 115.16% 110.99% 103.05% 66.16%

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Price/Book Value n/a n/a n/a n/a n/a
Price/Tangible Book Value n/a n/a n/a n/a n/a
Price/ Cash Flow n/a n/a n/a n/a n/a
Price/Revenue n/a n/a n/a n/a n/a
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 62.41p 13.20p 14.38p 30.94p 81.28p
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue 45,706.00 45,580.00 442.21 44,974.00 43,666.00
EBITDA 23,512.00
15,620.00		 15,282.00
16,087.00		 190.33
188.19		 4,344.00
3,558.00		 (50.00)
4,843.00
Depreciation (9,649.00)
(9,649.00)		 (9,858.00)
(9,858.00)		 (142.34)
(142.34)		 n/a
n/a		 n/a
n/a
Net Interest (1,480.00)
(1,879.00)		 (1,710.00)
(1,682.00)		 (7.04)
(7.04)		 (3,549.00)
(4,882.00)		 (1,655.00)
(1,655.00)
Profit Before Tax 12,816.00
4,745.00		 4,103.00
5,199.00		 44.41
42.58		 795.00
(1,324.00)		 (2,613.00)
2,280.00
           
Revenue per Share 165.12p 157.11p 1.49p 152.86p 158.17p
Pre-Tax Profit per Share 46.30p
17.14p		 14.14p
17.92p		 0.15p
0.14p		 2.70p
(4.50p)		 (9.46p)
8.26p
Market Capitalisation £ (Millions) 25,734.70 35,975.92 38,003.64 32,561.98 40,283.73
Enterprise Value (EV) £ (Millions) 92,330.70 106,265.92 104,072.64 108,854.98 94,818.73
EBITDA/EV 25.46%
16.92%		 14.38%
15.14%		 0.18%
0.18%		 3.99%
3.27%		 (0.05%)
5.11%
Operating Margin 30.33%
13.06%		 11.90%
13.67%		 10.85%
10.37%		 9.66%
7.91%		 (0.11%)
11.09%
Capital Employed £ (Millions) 86,494.00 76,816.00 75,869.00 89,187.00 78,959.00
Return on Capital Employed 16.53%
7.66%		 7.57%
8.96%		 0.07%
0.07%		 4.87%
3.99%		 n/a
4.98%
Invested Equity Capital £ (Millions) 65,742.00 57,184.00 59,646.00 64,992.00 63,938.00
           
Earnings per Share - Basic 42.77¢
11.45¢		 7.71¢
11.69¢		 0.38¢
(0.24¢)		 (3.13¢)
(11.86¢)		 (16.25¢)
16.96¢
Earnings per Share - Diluted 42.62¢
11.41¢		 7.68¢
11.65¢		 0.38¢
(0.23¢)		 (3.13¢)
(11.86¢)		 (16.25¢)
16.96¢
Earnings per Share - Adjusted 11.45¢ 11.68¢ 8.08¢ 5.60¢ 6.27¢
Earnings per Share Growth - Basic 455%
-2%		 1,929%
n/a		 n/a
n/a		 n/a
n/a		 n/a
113%
Earnings per Share Growth - Diluted 455%
-2%		 1,921%
n/a		 n/a
n/a		 n/a
n/a		 n/a
114%
Earnings per Share Growth - Adjusted -2% 45% 44% -11% -46%
PE Ratio - Diluted 2.4
9.1		 18.9
12.5		 404.0
n/a		 n/a
n/a		 n/a
9.6
PEG - Diluted 0.0
n/a		 0.0
n/a		 n/a
n/a		 n/a
n/a		 n/a
0.1
Tax Rate 3.88% 35.81% 95.22% 157.23% (87.74%)
Dividend Cover 1.27
1.27		 1.30
1.30		 0.90
(0.03)		 0.62
(1.32)		 0.70
1.88
Interest Cover 8.42
3.75		 3.09
3.69		 5.28
5.11		 1.22
0.73		 (0.25)
2.09
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 42.77¢
11.45¢		 7.71¢
11.69¢		 n/a
n/a		 (3.13¢)
(11.86¢)		 (29.05¢)
4.16¢
Earnings per Share - Diluted 42.62¢
11.41¢		 7.68¢
11.65¢		 n/a
n/a		 (3.13¢)
(11.86¢)		 (29.05¢)
4.16¢
Earnings per Share - Adjusted 11.45¢ 11.68¢ 0.082¢ 5.60¢ 6.27¢
Earnings per Share Growth - Basic 455%
-2%		 200,905%
n/a		 n/a
n/a		 n/a
n/a		 n/a
11%
Earnings per Share Growth - Diluted 455%
-2%		 200,123%
n/a		 n/a
n/a		 n/a
n/a		 n/a
11%
Earnings per Share Growth - Adjusted -2% 14,221% -98% -11% 8%
PE Ratio - Diluted 2.4
9.1		 18.9
12.5		 40,020.6
n/a		 n/a
n/a		 n/a
39.1
PEG - Diluted 0.0
n/a		 0.0
n/a		 n/a
n/a		 n/a
n/a		 n/a
3.6
Dividend Cover 1.27
1.27		 1.30
1.30		 0.01
n/a		 0.62
(1.32)		 0.70
0.46
Return on Equity (ROE) 18.01%
4.82%		 3.91%
5.93%		 n/a
n/a		 (1.42%)
(5.37%)		 (12.54%)
1.80%
Operating Cash Flow per Share 65.22p 62.32p 58.00p 59.07p 47.02p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 15.34p 5.19p (0.25p) (0.21p) 29.70p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 9.00¢ 9.00¢ 9.00¢ 9.00¢ 9.00¢
Dividend per Share Growth n/a n/a n/a n/a (40.28%)
Dividend Yield 8.7% 6.2% 5.9% 6.8% 5.5%
Shareholders Funds 63,399.00 54,783.00 55,804.00 61,410.00 62,218.00
Net Borrowings £ (Millions) 55,170.00 63,090.00 61,939.00 63,284.00 41,162.00
Net Asset Value per Share (inc. Intangibles) 58.50p 5.30p 7.60p 26.81p 76.84p

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Shareholders' Funds inc Intangibles 63,399.00 54,783.00 55,804.00 61,410.00 62,218.00
Net Borrowings £ (Millions) 55,170.00 63,090.00 61,939.00 63,284.00 41,162.00
Net Gearing 87.02% 115.16% 110.99% 103.05% 66.16%
Cash & Near Cash 11,705.00 7,496.00 5,821.00 13,284.00 13,637.00
Cash 18.46% 13.68% 10.43% 21.63% 21.92%
Gross Borrowings 66,875.00 70,586.00 67,760.00 76,568.00 54,799.00
Gross Gearing 105.48% 128.85% 121.42% 124.68% 88.08%
Borrowings Under 5 years 66,875.00 70,586.00 67,760.00 76,568.00 54,799.00
Under 5 years 105.48% 128.85% 121.42% 124.68% 88.08%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - exc Intangibles 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Shareholders' Funds exc Intangibles 16,192.00 1,539.00 2,255.00 7,887.00 21,213.00
Net Borrowings £ (Millions) 55,170.00 63,090.00 61,939.00 63,284.00 41,162.00
Net Gearing 340.72% 4,099.42% 2,746.74% 802.38% 194.04%
Cash & Near Cash 11,705.00 7,496.00 5,821.00 13,284.00 13,637.00
Cash 72.29% 487.07% 258.14% 168.43% 64.29%
Gross Borrowings 66,875.00 70,586.00 67,760.00 76,568.00 54,799.00
Gross Gearing 413.01% 4,586.48% 3,004.88% 970.81% 258.33%
Borrowings Under 5 years 66,875.00 70,586.00 67,760.00 76,568.00 54,799.00
Under 5 years 413.01% 4,586.48% 3,004.88% 970.81% 258.33%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Cover 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Quick Ratio 0.86 0.79 0.96 0.99 1.53
Current Ratio 0.89 0.82 0.98 1.01 1.56

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

Top of Page