Vodafone (VOD)

Company name:	Vodafone Group Plc
Company Description:	A group engaged in the supply of communications services and products
EPIC:	VOD	Trading Currency:	GBX
Market Sector:	FE10	ISIN:	GB00BH4HKS39
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.vodafone.com/	Description:	ORD USD0.20 20/21
Industry Sector:	MOBILE TELECOMMUNICATIONS

Price	Price Change [%]	Bid	Ask	Open	High	Low	Volume
161.30	0.66 [0.41]	161.30	161.32	160.76	162.76	160.38	28,227,341
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
43,091.39	26,715.06	-0.04	-25.12	7.75	-	4.81	171.78 - 122.22

Vodafone Key Figures

(at previous day's close)
Market Cap.	43,091.39	m
Shares In Issue	26,715.06	m
Prev. Close	160.64
PE Ratio	-
Dividend Yield	4.81	%
EPS - basic	-25.12	p
Dividend PS	7.75	p
Dividend Cover	-
Cash Flow PS	41.85	p
Return On Equity (ROE)	-12.89	%
Operating Margin	-5.98	%
PEG Factor	-
EPS Growth Rate	-430.87	%
Dividends PS Growth Rate	-40.28	%
Net Debt	56,658.05	m
Gross Gearing	55.59	%
Quick Assets	48,047.37	m
Net Working Capital	26,678.73	m
Intangibles / Fixed Assets	47.48	%
Turnover PS	140.78	p
Pre-Tax Profit PS	-8.42	p
Retained Profit PS	-38.96	p
Cash PS	43.97	p
Net Cash PS	-38.32	p
Net Tangible Asset Value PS *	68.39	p
Net Asset Value PS	204.55	p
Spread	0.02 (0.01%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Vodafone Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	162.98	159.56
4 weeks	164.88	153.62
12 weeks	164.88	130.90
1 year	171.78	122.22

Share Price Chart (5 years)

Vodafone Historic Returns

Giorni da oggi ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	160.48	0.82	0.51	159.56	79.35		161.78
4 weeks	156.54	4.76	3.04	153.62	90.00		160.25
12 weeks	132.46	28.84	21.77	130.90	86.27		154.95
26 weeks	142.50	18.80	13.19	122.22	88.27		142.23
1 year	153.40	7.90	5.15	122.22	88.71		145.18
3 years	224.25	-62.95	-28.07	122.22	73.47		179.69
5 years	185.50	-24.20	-13.05	122.22	67.86		195.17
† periods calculated are whole weeks rather than calendar months

Vodafone Key Management Ratios

Vodafone Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	4.83
PE Ratio	-
Tobin's Q Ratio	0.30
Tobin's Q Ratio (excl. intangibles)	0.42
Dividend Yield	4.81	%
Market-to-Book Ratio	0.80
Price-to-Pre-Tax Profit PS	-19.15
Price-to-Retained Profit PS	-4.14
Price-to-Cash Flow PS	3.85
Price-to-Sales PS	1.15
Price-to-Net Tangible Asset Value PS	2.23
Price-to-Cash PS	3.67
Net Working Capital PS	99.86
Price Pct to Working Capital PS	1.62	%
Earnings Yield	-	%
Average PE	16.22
Years in average	2
PE to PE average	-	%

Vodafone Financial Ratios

(Leverage Ratios)
Debt Ratio	45.93	%
Debt-to-Equity Ratio	0.85
Debt-to-Equity Ratio (excl. Intgbl)	2.40
Debt-to-Equity Market Value	1.08
Net Gearing	46.04	%
Net Gearing (excl. Intangibles)	64.58	%
Gross Gearing	55.59	%
Gross Gearing (excl. Intangibles)	77.97	%
Gearing Under 1 Year	17.87	%
Gearing Under 1 Year (excl. Intgbl)	25.06	%
Assets/Equity	2.25
Cash/Equity	21.49
(Liquidity Ratios)
Net Working Capital to Total Assets	21.68	%
Current Ratio	2.21
Quick Ratio (Acid Test)	2.19
Liquidity Ratio	0.53
Cash & Equiv/Current Assets	24.14	%
(Solvency Ratios)
Enterprise Value	78,822.66	m
CFO/Sales	0.30
CFO/Attributable Profit	-
CFO/Assets	0.09
CFO/Debt	0.16
Total Debt/Equity Market Value	1.59
Total Debt/Sales	1.82
Total Debt/Pre-Tax Profit	-30.39
Total Debt	68,403.96	m
Total Debt/Net Current Assets	2.56	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	12

Beta (60-Mnth)	Beta (36-Mnth)
-0.0423	0.0545

Vodafone Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	-2.23	%
Return On Assets (ROA)	-4.79	%
Net Profit Margin	-18.37	%
Assets Turnover	0.26
Return On Equity (ROE)	-12.89	%
Return On Investment (ROI)	-5.88	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	-	%
Net Income Of Revenues	-27.67	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.58
Fixed Assets Turnover	0.44
Current Assets Turnover	0.65
Net Working Capital Turnover
Inventory Turnover	58.09
(Other Operating Ratios)
Total Assets-to-Sales	3.83
Debtors-to-Sales	109.92	%
Debt Collection Period	401.21	Days

Vodafone Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
14 May 2019	Final	EUX	4.16	03/31/2018	03/31/2019	06/06/2019	06/07/2019	08/02/2019	9.00
13 Nov 2018	Interim	EUX	4.84	03/30/2018	09/30/2018	11/22/2018	11/23/2018	02/01/2019	-
15 May 2018	Final	EUX	10.23	03/31/2017	03/31/2018	06/07/2018	06/08/2018	08/03/2018	15.07
14 Nov 2017	Interim	EUX	4.84	03/30/2017	09/30/2017	11/23/2017	11/24/2017	02/02/2018	-
16 May 2017	Final	EUX	10.03	03/31/2016	03/31/2017	06/08/2017	06/09/2017	08/04/2017	14.77
15 Nov 2016	Interim	EUX	4.74	03/30/2016	09/30/2016	11/24/2016	11/25/2016	02/03/2017	-
17 May 2016	Final	GBX	7.77	03/31/2015	03/31/2016	06/09/2016	06/10/2016	08/03/2016	11.45
10 Nov 2015	Interim	GBX	3.68	03/30/2015	09/30/2015	11/19/2015	11/20/2015	02/03/2016	-
19 May 2015	Final	GBX	7.62	03/31/2014	03/31/2015	06/11/2015	06/12/2015	08/05/2015	11.22
11 Nov 2014	Interim	GBX	3.60	03/30/2014	09/30/2014	11/20/2014	11/21/2014	02/04/2015	-
20 May 2014	Final	GBX	7.47	03/31/2013	03/31/2014	06/11/2014	06/13/2014	08/06/2014	11.00
12 Nov 2013	Interim	GBX	3.53	03/30/2013	09/30/2013	11/20/2013	11/22/2013	02/05/2014	-
21 May 2013	Final	GBX	6.92	03/31/2012	03/31/2013	06/12/2013	06/14/2013	08/07/2013	10.19
13 Nov 2012	Interim	GBX	3.27	03/30/2012	09/30/2012	11/21/2012	11/23/2012	02/06/2013	-
22 May 2012	Final	GBX	6.47	03/31/2011	03/31/2012	06/06/2012	06/08/2012	08/01/2012	9.52
08 Nov 2011	Special	GBX	4.00	03/30/2011	09/30/2011	11/16/2011	11/18/2011	02/03/2012	-
08 Nov 2011	Interim	GBX	3.05	03/30/2011	09/30/2011	11/16/2011	11/18/2011	02/03/2012	-
17 May 2011	Final	GBX	6.05	03/31/2010	03/31/2011	06/01/2011	06/03/2011	08/05/2011	8.90
09 Nov 2010	Interim	GBX	2.85	03/30/2010	09/30/2010	11/17/2010	11/19/2010	02/04/2011	-
18 May 2010	Final	GBX	5.65	03/31/2009	03/31/2010	06/02/2010	06/04/2010	08/06/2010	8.31
10 Nov 2009	Interim	GBX	2.66	03/30/2009	09/30/2009	11/18/2009	11/20/2009	02/05/2010	-
19 May 2009	Final	GBX	5.20	03/31/2008	03/31/2009	06/03/2009	06/05/2009	08/07/2009	7.77
11 Nov 2008	Interim	GBX	2.57	03/30/2008	09/30/2008	11/19/2008	11/21/2008	02/06/2009	-
27 May 2008	Final	GBX	5.02	03/31/2007	03/31/2008	06/04/2008	06/06/2008	08/01/2008	7.51
13 Nov 2007	Interim	GBX	2.49	03/30/2007	09/30/2007	11/21/2007	11/23/2007	02/01/2008	-
29 May 2007	Final	GBX	4.41	03/31/2006	03/31/2007	06/06/2007	06/08/2007	08/03/2007	6.76
14 Nov 2006	Interim	GBX	2.35	03/30/2006	09/30/2006	11/22/2006	11/24/2006	02/02/2007	-
24 May 2006	Final	GBX	3.87	03/31/2005	03/31/2006	06/07/2006	06/09/2006	08/04/2006	6.07
15 Nov 2005	Interim	GBX	2.20	03/30/2005	09/30/2005	11/23/2005	11/25/2005	02/03/2006	-
24 May 2005	Final	GBX	2.16	03/31/2004	03/31/2005	06/01/2005	06/03/2005	08/05/2005	4.07
16 Nov 2004	Interim	GBX	1.91	03/30/2004	09/30/2004	11/24/2004	11/26/2004	02/04/2005	-
25 Feb 2004	Final	GBX	1.08	03/31/2003	03/31/2004	06/02/2004	06/04/2004	08/06/2004	2.03
18 Nov 2003	Interim	GBX	0.95	03/30/2003	09/30/2003	11/26/2003	11/28/2003	02/06/2004	-
27 May 2003	Final	GBX	0.90	03/31/2002	03/31/2003	06/04/2003	06/06/2003	08/08/2003	1.69
12 Nov 2002	Interim	GBX	0.79	03/30/2002	09/30/2002	11/20/2002	11/22/2002	02/07/2003	-
28 May 2002	Final	GBX	0.75	03/31/2001	03/31/2002	06/05/2002	06/07/2002	08/09/2002	1.47
13 Nov 2001	Interim	GBX	0.72	03/30/2001	09/30/2001	11/21/2001	11/23/2001	02/08/2002	-
29 May 2001	Final	GBX	0.71	03/31/2000	03/31/2001	06/06/2001	06/08/2001	08/10/2001	1.40
14 Nov 2000	Interim	GBX	0.69	03/30/2000	09/30/2000	11/20/2000	11/22/2000	02/09/2001	-
05 Jun 2000	Final	GBX	0.68	10/01/1999	03/31/2000	06/07/2000	06/09/2000	08/21/2000	1.53
06 Jun 1999	Final	GBX	0.65	03/31/1998	03/31/1999	06/14/1999	06/18/1999	08/13/1999	1.45
02 Jun 1998	Final	GBX	0.56	03/31/1997	03/31/1998	06/08/1998	06/12/1998	08/14/1998	1.27

Vodafone Fundamentals

	31 Mar 2016 (GBP)		31 Mar 2017 (EUR)		31 Mar 2018 (EUR)		31 Mar 2019 (EUR)
turnover	40,973.00	100.00%	47,631.00	100.00%	46,571.00	100.00%	43,666.00	100.00%	m
pre tax profit	-449.00	-1.10%	2,792.00	5.86%	3,878.00	8.33%	-2,613.00	-5.98%	m
attributable profit	-4,024.00	-9.82%	-6,297.00	-13.22%	2,439.00	5.24%	-8,020.00	-18.37%	m
retained profit	-7,202.00	-17.58%	-10,011.00	-21.02%	-1,481.00	-3.18%	-12,084.00	-27.67%	m
eps - basic	-15.08		-22.51		8.78		-29.05
eps - diluted	-15.08		-22.51		8.76		-29.05
dividends per share	11.45		14.77		15.07		9.00

Vodafone Balance Sheet

	31 Mar 2016 (GBP)		31 Mar 2017 (EUR)		31 Mar 2018 (EUR)		31 Mar 2019 (EUR)


	31 Mar 2016 (GBP)		31 Mar 2017 (EUR)		31 Mar 2018 (EUR)		31 Mar 2019 (EUR)
ASSETS
fixed assets	28,082.00	21.00%	30,204.00	19.53%	28,325.00	19.45%	27,432.00	19.20%	m
intangibles	46,768.00	34.98%	46,220.00	29.88%	43,257.00	29.71%	41,005.00	28.70%	m
fixed investments	7,977.00	5.97%	12,774.00	8.26%	14,647.00	10.06%	17,928.00	12.55%	m
current assets - other	2,891.00	2.16%	17,195.00	11.12%	13,820.00	9.49%	-231.00	-0.16%	m
stocks	565.00	0.42%	576.00	0.37%	581.00	0.40%	714.00	0.50%	m
debtors	37,212.00	27.83%	38,880.00	25.14%	40,307.00	27.68%	42,377.00	29.66%	m
cash & securities	10,218.00	7.64%	8,835.00	5.71%	4,674.00	3.21%	13,637.00	9.55%	m

TOTAL	133,713.00	100%	154,684.00	100%	145,611.00	100%	142,862.00	100%	m

LIABILITIES
creditors - short	33,395.00	24.98%	30,595.00	19.78%	28,025.00	19.25%	25,523.00	17.87%	m
creditors - long	33,001.00	24.68%	38,576.00	24.94%	37,980.00	26.08%	53,894.00	37.72%	m
creditors - other	-	-%	11,794.00	7.62%	10,999.00	7.55%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	66,396.00	49.66%	80,965.00	52.34%	77,004.00	52.88%	79,417.00	55.59%	m

EQUITY
ord cap, reserves	65,885.00	49.27%	72,200.00	46.68%	67,640.00	46.45%	62,218.00	43.55%	m
prefs, minorities	1,432.00	1.07%	1,519.00	0.98%	967.00	0.66%	1,227.00	0.86%	m

TOTAL	67,317.00	50.34%	73,719.00	47.66%	68,607.00	47.12%	63,445.00	44.41%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Vodafone Cash Flow Statement

	31 Mar 2016 (GBP)	31 Mar 2017 (EUR)	31 Mar 2018 (EUR)	31 Mar 2019 (EUR)
Operating CF	10,481.00	14,223.00	13,600.00	12,980.00	m
Pre-Financing CF	330.00	5,800.00	3,759.00	3,763.00	m
Retained CF	3,290.00	-3,296.00	-3,475.00	8,200.00	m

Vodafone Brokers

Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC