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Added to YB: 2025-10-03

Pitch date: 2025-10-02

VEON [neutral]

VEON Ltd.

-0.76%

current return

Author Info

Investing w/ Martin is a former poker pro. Now I split my time between programming and investing. Switched from indexing to active mid-2022. Beat SPY every year since. Returned 30% in 2023, 71% in 2024, and ~35% YTD. I run an 85% net long/short book atm. Sign up for the newsletter.

Company Info

VEON Ltd., a digital operator, provides telecommunications and digital services to corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh.

Market Cap

$3.3B

Pitch Price

$51.53

Price Target

N/A

Dividend

N/A

EV/EBITDA

4.08

P/E

5.87

EV/Sales

1.61

Sector

Wireless Telecommunication Services

Category

value

Show full summary:
Investing with Martin | September: +~38% YTD. - VEON Ltd.

VEON (holding update): Sum-of-parts play on digital transformation in Kazakhstan, Pakistan, Uzbekistan. Owns 89.6% of KYIV (trading $12.49, support at $10). Bullish on Kazakhstan's high birth rate, uranium resources, tech growth. US policy shift on Ukraine benefits underlying Kyiv position.

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