VEON Operating Profit Margin vs Gross Profit Margin Analysis

VEON Stock  USD 33.95  1.80  5.60%   
VEON financial indicator trend analysis is much more than just breaking down VEON prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VEON is a good investment. Please check the relationship between VEON Operating Profit Margin and its Gross Profit Margin accounts. 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.

Operating Profit Margin vs Gross Profit Margin

Operating Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VEON Operating Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have weak relationship.
The correlation between VEON's Operating Profit Margin and Gross Profit Margin is 0.36. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of VEON, assuming nothing else is changed. The correlation between historical values of VEON's Operating Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of VEON are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Operating Profit Margin i.e., VEON's Operating Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Profit Margin

Gross Profit Margin

Most indicators from VEON's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VEON current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, VEON's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Tax Provision is likely to grow to about 258.3 M, though Discontinued Operations is likely to grow to (666 M).
 2021 2022 2023 2024 (projected)
Gross Profit5.9B3.8B3.3B3.1B
Total Revenue7.8B3.8B4.3B4.1B

VEON fundamental ratios Correlations

0.290.690.90.570.950.70.770.950.2-0.070.69-0.090.98-0.570.9-0.180.950.930.940.940.910.820.910.920.12
0.290.850.07-0.210.050.37-0.130.060.260.18-0.020.110.37-0.23-0.030.20.040.280.050.01-0.030.04-0.050.0-0.09
0.690.850.470.10.50.640.280.490.350.030.36-0.040.75-0.480.41-0.060.490.670.480.460.40.40.410.43-0.06
0.90.070.470.770.840.470.760.850.01-0.180.73-0.220.82-0.430.84-0.210.870.880.960.840.890.910.860.940.21
0.57-0.210.10.770.520.090.760.54-0.36-0.230.45-0.070.44-0.110.64-0.110.570.550.680.530.640.570.570.690.46
0.950.050.50.840.520.680.760.980.24-0.190.76-0.170.93-0.590.95-0.230.990.850.940.980.960.810.960.930.05
0.70.370.640.470.090.680.390.710.430.080.250.090.78-0.460.510.060.630.530.540.680.540.520.570.53-0.32
0.77-0.130.280.760.760.760.390.81-0.04-0.050.540.110.72-0.420.83-0.080.790.790.790.810.770.590.830.790.58
0.950.060.490.850.540.980.710.810.19-0.050.66-0.050.94-0.530.94-0.150.970.860.940.990.940.820.960.930.12
0.20.260.350.01-0.360.240.43-0.040.190.230.280.050.28-0.840.090.130.250.150.070.17-0.02-0.050.140.0-0.37
-0.070.180.03-0.18-0.23-0.190.08-0.05-0.050.23-0.560.74-0.04-0.14-0.210.33-0.13-0.18-0.27-0.15-0.28-0.29-0.23-0.31-0.05
0.69-0.020.360.730.450.760.250.540.660.28-0.56-0.510.65-0.580.77-0.360.770.760.810.710.750.680.780.780.13
-0.090.11-0.04-0.22-0.07-0.170.090.11-0.050.050.74-0.51-0.07-0.06-0.120.49-0.12-0.25-0.28-0.16-0.25-0.42-0.24-0.310.25
0.980.370.750.820.440.930.780.720.940.28-0.040.65-0.07-0.590.86-0.150.920.910.890.930.870.770.890.870.06
-0.57-0.23-0.48-0.43-0.11-0.59-0.46-0.42-0.53-0.84-0.14-0.58-0.06-0.59-0.5-0.06-0.62-0.54-0.46-0.52-0.37-0.25-0.5-0.390.03
0.9-0.030.410.840.640.950.510.830.940.09-0.210.77-0.120.86-0.5-0.210.960.830.940.940.960.760.950.930.22
-0.180.2-0.06-0.21-0.11-0.230.06-0.08-0.150.130.33-0.360.49-0.15-0.06-0.21-0.22-0.25-0.24-0.2-0.26-0.29-0.21-0.250.26
0.950.040.490.870.570.990.630.790.970.25-0.130.77-0.120.92-0.620.96-0.220.850.940.970.950.790.950.930.09
0.930.280.670.880.550.850.530.790.860.15-0.180.76-0.250.91-0.540.83-0.250.850.910.870.830.820.880.90.31
0.940.050.480.960.680.940.540.790.940.07-0.270.81-0.280.89-0.460.94-0.240.940.910.940.960.920.960.990.18
0.940.010.460.840.530.980.680.810.990.17-0.150.71-0.160.93-0.520.94-0.20.970.870.940.960.830.980.940.13
0.91-0.030.40.890.640.960.540.770.94-0.02-0.280.75-0.250.87-0.370.96-0.260.950.830.960.960.870.960.970.14
0.820.040.40.910.570.810.520.590.82-0.05-0.290.68-0.420.77-0.250.76-0.290.790.820.920.830.870.840.930.03
0.91-0.050.410.860.570.960.570.830.960.14-0.230.78-0.240.89-0.50.95-0.210.950.880.960.980.960.840.960.21
0.920.00.430.940.690.930.530.790.930.0-0.310.78-0.310.87-0.390.93-0.250.930.90.990.940.970.930.960.19
0.12-0.09-0.060.210.460.05-0.320.580.12-0.37-0.050.130.250.060.030.220.260.090.310.180.130.140.030.210.19
Click cells to compare fundamentals

VEON Account Relationship Matchups

VEON fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.1B14.6B15.9B15.1B17.4B20.8B
Other Current Liab1.1B2.1B743M6.6B4.5B2.6B
Total Current Liabilities5.8B4.4B4.8B6.6B7.6B5.8B
Total Stockholder Equity1.2B163M586M776M892.4M847.8M
Retained Earnings(1.3B)(1.9B)(1.2B)(1.4B)(1.3B)(1.2B)
Accounts Payable1.8B1.9B2.0B1.1B1.3B1.7B
Cash1.3B1.6B2.3B3.1B3.6B2.1B
Other Assets297M365M444M473M544.0M603.0M
Long Term Debt10.0B6.6B7.8B7.6B8.7B9.2B
Short Term Investments82M165M86M904M1.0B1.1B
Inventory141M169M111M18M20.7M19.7M
Other Current Assets354M176M184M5.8B6.0B6.2B
Total Liab13.8B13.5B14.4B14.3B16.5B15.8B
Intangible Assets5.7B4.2B1.7B1.6B1.8B3.5B
Property Plant Equipment7.3B6.9B6.7B4.4B5.1B7.0B
Other Liab312M296M238M164M188.6M179.2M
Good Will4.0B2.7B1.5B394M453.1M430.4M
Short Long Term Debt Total10.3B10.1B10.6B7.6B6.8B10.1B
Property Plant And Equipment Net7.3B6.9B6.7B4.4B4.0B6.4B
Current Deferred Revenue225M216M212M159M143.1M135.9M
Net Debt9.1B8.5B8.4B4.5B4.0B3.8B
Non Current Assets Total13.6B11.7B10.5B5.3B4.8B4.5B
Non Currrent Assets Other163M179M216M473M128M235.6M
Cash And Short Term Investments1.3B1.8B2.3B4.0B4.6B3.1B
Net Receivables644M544M920M446M577M919.9M
Liabilities And Stockholders Equity16.1B14.6B15.9B15.1B13.6B20.1B
Non Current Liabilities Total8.1B9.1B9.6B7.7B7.0B10.0B
Property Plant And Equipment Gross7.3B6.9B16.5B6.8B6.6B7.1B
Total Current Assets2.5B2.9B5.4B9.8B11.3B7.0B
Accumulated Other Comprehensive Income(10.2B)(10.7B)(10.9B)(10.8B)(9.7B)(9.2B)
Short Term Debt2.6B1.2B1.2B2.8B3.3B1.9B
Net Tangible Assets(4.5B)(4.0B)(2.7B)382M439.3M461.3M
Deferred Long Term Liab83M101M128M149M171.4M179.9M
Long Term Investments235M305M99M71M53M50.4M

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

  0.83T ATT Inc Fiscal Year End 22nd of January 2025 PairCorr

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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.