Serkan Okandan - VEON Group Officer

VEON Stock  USD 32.15  0.36  1.11%   

Insider

Serkan Okandan is Group Officer of VEON
Age 54
Address Claude Debussylaan 88, Amsterdam, Netherlands, 1082 MD
Phone31 20 797 7200
Webhttps://www.veon.com

VEON Management Efficiency

The company has return on total asset (ROA) of 0.0595 % which means that it generated a profit of $0.0595 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3691 %, meaning that it created $0.3691 on every $100 dollars invested by stockholders. VEON's management efficiency ratios could be used to measure how well VEON manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to -0.36. In addition to that, Return On Capital Employed is likely to drop to 0.14. At this time, VEON's Intangibles To Total Assets are very stable compared to the past year. As of the 29th of November 2024, Fixed Asset Turnover is likely to grow to 1.54, while Non Current Assets Total are likely to drop about 4.5 B.
VEON currently holds 7.57 B in liabilities with Debt to Equity (D/E) ratio of 8.05, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. VEON has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about VEON's use of debt, we should always consider it together with its cash and equity.

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VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services. VEON Ltd. was founded in 1992 and is headquartered in Amsterdam, the Netherlands. Veon is traded on NASDAQ Exchange in the United States. VEON (VEON) is traded on NASDAQ Exchange in USA. It is located in Claude Debussylaan 88, Amsterdam, Netherlands, 1082 MD and employs 17,206 people. VEON is listed under Wireless Telecommunication Services category by Fama And French industry classification.

Management Performance

VEON Leadership Team

Elected by the shareholders, the VEON's board of directors comprises two types of representatives: VEON inside directors who are chosen from within the company, and outside directors, selected externally and held independent of VEON. The board's role is to monitor VEON's management team and ensure that shareholders' interests are well served. VEON's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, VEON's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard James, Group Director Corporate Finance
Omiyinka Doris, Group Counsel
Joop Brakenhoff, Group Officer
Anna Ryzhikova, Chief Officer
Faisal Ghori, Group Relations
Michael Schulz, Group Officer
Asabi Doris, Group Counsel
Henrich Daubner, Reporting Accounting
Dmitry Shvets, Group Management
Augie II, CoFounder Emeritus
Jameel Asghar, Group People
Dmitry Zimin, Founder President
Muhterem Terzioglu, Group Director
Serkan Okandan, Group Officer
Philip Sapronov, Sales Director
Inanc Cakiroglu, Group Officer
Scott Dresser, Group General Counsel
Aleksandr Krupnov, President
Hande Asik, Group Strategy

VEON Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is VEON a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with VEON

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VEON position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VEON will appreciate offsetting losses from the drop in the long position's value.

Moving together with VEON Stock

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Moving against VEON Stock

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The ability to find closely correlated positions to VEON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VEON when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VEON - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VEON to buy it.
The correlation of VEON is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VEON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VEON moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VEON can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether VEON offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VEON's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veon Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VEON. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in VEON Stock, please use our How to Invest in VEON guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VEON. If investors know VEON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VEON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Earnings Share
3.89
Revenue Per Share
54.732
Quarterly Revenue Growth
0.121
Return On Assets
0.0595
The market value of VEON is measured differently than its book value, which is the value of VEON that is recorded on the company's balance sheet. Investors also form their own opinion of VEON's value that differs from its market value or its book value, called intrinsic value, which is VEON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VEON's market value can be influenced by many factors that don't directly affect VEON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VEON's value and its price as these two are different measures arrived at by different means. Investors typically determine if VEON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VEON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.