MetaCap

Array Digital Infrastructure (AD) vs VEON (VEON)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

VEON (VEON) has outperformed Array Digital Infrastructure (AD) over the past year, gaining 49.7% versus a loss of 30.9%. Over five years, VEON leads with a +34.8% price change compared with +8.0% for AD. VEON is the larger company by market cap ($5.32 billion vs $2.95 billion), about 1.8 times the size.

On valuation, VEON trades at a lower forward P/E (9.2x vs 35.2x for Array Digital Infrastructure). Array Digital Infrastructure pays a dividend yielding 32.22%, while VEON does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

AD-30.89%VEON+49.68%
+54%+9%-36%
Oct 7, 20251 yearOct 7, 2026
AD+9.14%VEON+35.42%
+151%+26%-98%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

AD versus VEON key metrics
MetricADVEON
Share price$34.14$77.19
Market cap$2.95B$5.32B
1-day change-0.52%+1.02%
YTD return-36.33%+46.83%
1-year return-30.89%+49.68%
5-year return+7.97%+34.83%
P/E ratio (TTM)4.4597.71
Forward P/E35.209.20
EPS (TTM)$7.67$0.79
Dividend yield32.22%0.00%
Annual dividend$11.00$0.00
Revenue (latest FY)—$4.40B
Revenue growth (YoY)—+9.87%
Net income (latest FY)—$591.00M
Operating margin—32.71%
Net margin—13.43%
52-week high$60.82$78.83
52-week low$33.12$42.60
Distance from 52-week high-43.87%-2.08%
Analyst consensusnonestrong_buy
Avg. price target upside+26.92%+12.54%
Average volume202.93K121.48K
Shares outstanding53.47M68.86M
Employees6018,938
SectorCommunication ServicesTelecommunications
IndustryTelecom ServicesTelecommunications Equipment

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • VEON has outperformed AD by 80.6 percentage points over the past year.
  • VEON trades at a higher earnings multiple (97.7x vs 4.5x trailing P/E).
  • Array Digital Infrastructure offers a meaningfully higher dividend yield (32.22% vs 0.00%).
  • The two companies sit in different sectors: Array Digital Infrastructure in Communication Services and VEON in Telecommunications.

About Array Digital Infrastructure

AD stock →

Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States.

Communication Services · Telecom Services · 60 employees

About VEON

VEON stock →

VEON Ltd. provides telecommunications and digital services in Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan.

Telecommunications · Telecommunications Equipment · 18,938 employees

AD vs VEON FAQ

Which is bigger, Array Digital Infrastructure or VEON?

VEON (VEON) is larger, with a market capitalization of $5.32B compared with $2.95B for Array Digital Infrastructure (AD).

Which stock has performed better over the past year, AD or VEON?

VEON returned +49.68% over the past 12 months, compared with -30.89% for AD (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, AD or VEON?

AD has the lower trailing P/E at 4.5, versus 97.7 for VEON. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Array Digital Infrastructure or VEON?

Array Digital Infrastructure pays a dividend yielding 32.22%, while VEON does not currently pay a regular dividend.

Are Array Digital Infrastructure and VEON in the same industry?

No. Array Digital Infrastructure is in the Communication Services sector, while VEON is in Telecommunications.

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