| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 95 | — | 17.8x | Top tier | |
Growth | 30 | 8.8% | 7.1% | Bottom tier | |
Quality | 30 | — | 4.5% | Bottom tier | |
Safety | 52 | 2.6x | 2.6x | Around median | |
Capital Return | 13 | — | 2.12% | Bottom tier | |
Momentum | 93 | 33.5% | 2.9% | Top tier | |
Sentiment | 87 | 3 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Vodafone Group Public Limited Company is a telecommunications group operating through a portfolio distributed across Europe, Africa, and Turkey, generating revenue from mobile, fixed broadband, television, and digital enterprise solutions. Enterprise business drivers include cloud, security, and artificial intelligence services, while the group is expanding its model in Africa beyond connectivity through the continent’s largest financial technology platform, with more than 100 million users and millions of merchants. Management describes Africa as the group’s second-largest division, while European growth opportunities depend on improvement in Germany, the integration of VodafoneThree in the United Kingdom, and continued growth in enterprise services.
In fiscal year 2026, revenue was $37.4 billion versus $36.7 billion in fiscal year 2025, and gross profit was $12.5 billion versus $12.3 billion, equivalent to a calculated gross margin of approximately 33.4%. However, the net result shifted from a profit of $1.5 billion in fiscal year 2025 to a loss of $3.7 billion in fiscal year 2026, with a loss per share of $0.1594 and a calculated net margin of approximately negative 9.9%. In Q4 of fiscal year 2026, group service revenue grew 5.1%, with growth in Europe and Africa, while adjusted earnings before interest, taxes, depreciation, and amortization after leases rose organically by 4.5% for fiscal year 2026, at the upper end of management guidance.
The results showed clear regional divergence: Africa achieved its highest service revenue growth in nearly two decades, and Germany recorded growth in enterprise services and consumer broadband despite continued weakness in mobile and television, while United Kingdom service revenue in Q4 of fiscal year 2026 was affected by lower enterprise project activity and the loss of revenue associated with a large customer. By contrast, the United Kingdom recorded the fastest year of home broadband customer growth in the business’s history, customer churn declined across brands, and management expects the British market to return to growth in fiscal year 2027.
The analyst consensus is Buy, with an average target of $10.54 and a range between $9.50 and $11.58, but the average target is below the lower end of the 52-week range of $11.12, while the highest target also remains far from the annual peak of $16.61. No usable price-to-earnings ratio is available following the fiscal year 2026 loss of $3.7 billion, so the valuation rationale is more closely tied to achieving growth in adjusted free cash flow and VodafoneThree savings, weighed against continued weakness in Germany and execution and leverage risks.
Figures in the text are as of 2026-08-28; the live price is shown at the top of the page.
Vodafone’s revenue in fiscal year 2026 was approximately $37.4 billion, versus $36.7 billion in fiscal year 2025. Gross profit was $12.5 billion, equivalent to a calculated gross margin of approximately 33.4%. By contrast, the company recorded a net loss of $3.7 billion and a loss per share of $0.1594, after achieving a net profit of $1.5 billion in fiscal year 2025. It also achieved 4.5% organic growth in adjusted earnings before interest, taxes, depreciation, and amortization after leases and generated €2.6 billion in adjusted free cash flow.
Retail service revenue in Germany remained negative at the end of fiscal year 2026, and management expects earnings before interest, taxes, depreciation, and amortization to continue declining in fiscal year 2027. The pressure stems from weakness in the mobile market, the flow-through of previous repricing effects across the customer base, and the continued burden from television. On the positive side, the enterprise business returned to growth and consumer broadband improved, with average revenue from new customers rising 30% year over year. Customer satisfaction indicators also reached their highest recorded levels in mobile and cable, but management does not expect these improvements to prevent a decline in Germany’s earnings in fiscal year 2027.
Automated analysis for informational purposes only — not investment advice.
Following the merger, the group serves 28 million mobile customers in the United Kingdom, expanding opportunities to reduce churn and cross-sell broadband and other services. Vodafone is targeting cost and capital expenditure savings of £700 million by 2030, with the first material savings beginning in fiscal year 2027. It also announced the availability of fixed wireless access to an additional 3.7 million homes after recording its fastest year of home broadband customer growth. However, British capital expenditure will peak in fiscal year 2027, and the plan assumes price competition will remain intense.
Management described Africa as the group’s second-largest division, and it achieved its highest service revenue growth in nearly two decades in fiscal year 2026. Through its African presence, Vodafone operates the continent’s largest financial technology platform, with more than 100 million users and millions of merchants. Management sees structural opportunities in population and customer growth, rising smartphone penetration, and increased data usage. It also expects continued strong growth in Africa within fiscal year 2027 guidance, while continuing to invest in next-generation networks in line with demand growth.
Vodafone uses artificial intelligence in network operations to prevent outages and accelerate response times, and in customer service through TOBi and SuperTOBi for high-volume calls and more complex journeys. It also applies it in procurement and group operations to achieve operating savings and capital discipline, and management says tangible savings had already been achieved by May 12, 2026. The company relies on a multi-vendor architecture that uses different language models, alongside a unified data repository for European markets. By contrast, management acknowledged that artificial intelligence increases fraud and cybersecurity risks, and it is therefore expanding suspicious-call alerts and AI-powered defense tools.
The analyst consensus is Buy, and the average price target is $10.54, with the lowest target at $9.50 and the highest target at $11.58. The average target is below the lower end of the 52-week range of $11.12, while the highest target remains well below the annual peak of $16.61. The price-to-earnings ratio does not provide a useful anchor after the company recorded a net loss of $3.7 billion in fiscal year 2026. Therefore, the valuation case depends more heavily on executing the double-digit organic free cash flow growth target and achieving VodafoneThree savings, weighed against risks related to Germany, leverage, and integration.
