Turkcell Iletisim Hizmetleri AS (TKC) 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 Turkcell Iletisim Hizmetleri AS (TKC) over the past year, gaining 49.7% versus a loss of 15.8%. Over five years, VEON leads with a +34.8% price change compared with +21.9% for TKC. VEON is the larger company by market cap ($5.32 billion vs $4.46 billion), about 1.2 times the size.
On valuation, VEON trades at a lower forward P/E (9.2x vs 9.7x for Turkcell Iletisim Hizmetleri AS).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | TKC | VEON |
|---|---|---|
| Share price | $5.12 | $77.19 |
| Market cap | $4.46B | $5.32B |
| 1-day change | -0.97% | +1.02% |
| YTD return | -6.40% | +46.83% |
| 1-year return | -15.79% | +49.68% |
| 5-year return | +21.90% | +34.83% |
| P/E ratio (TTM) | 9.66 | 97.71 |
| Forward P/E | 9.66 | 9.20 |
| EPS (TTM) | $0.53 | $0.79 |
| Dividend yield | 2.07% | 0.00% |
| Annual dividend | $0.00 | $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 | $7.18 | $78.83 |
| 52-week low | $4.82 | $42.60 |
| Distance from 52-week high | -28.69% | -2.08% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +41.99% | +12.54% |
| Average volume | 2.30M | 121.48K |
| Shares outstanding | 870.58M | 68.86M |
| Employees | — | 18,938 |
| Sector | Communication Services | Telecommunications |
| Industry | Telecom Services | Telecommunications 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 TKC by 65.5 percentage points over the past year.
- VEON trades at a higher earnings multiple (97.7x vs 9.7x trailing P/E).
- Turkcell Iletisim Hizmetleri AS offers a meaningfully higher dividend yield (2.07% vs 0.00%).
- The two companies sit in different sectors: Turkcell Iletisim Hizmetleri AS in Communication Services and VEON in Telecommunications.
About Turkcell Iletisim Hizmetleri AS
TKC stock →Turkcell Iletisim Hizmetleri A.S., together with its subsidiaries, engages in establishing and operating a global system for mobile communications (GSM) network in Turkey, Belarus, Turkish Republic of Northern Cyprus, Germany, and the Netherlands. It operates through the Turkcell Turkiye, Turkcell International, and Techfin segments.
Communication Services · Telecom Services
About VEON
VEON stock →VEON Ltd. provides telecommunications and digital services in Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan.
Telecommunications · Telecommunications Equipment · 18,938 employees
TKC vs VEON FAQ
Which is bigger, Turkcell Iletisim Hizmetleri AS or VEON?
VEON (VEON) is larger, with a market capitalization of $5.32B compared with $4.46B for Turkcell Iletisim Hizmetleri AS (TKC).
Which stock has performed better over the past year, TKC or VEON?
VEON returned +49.68% over the past 12 months, compared with -15.79% for TKC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, TKC or VEON?
TKC has the lower trailing P/E at 9.7, 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, Turkcell Iletisim Hizmetleri AS or VEON?
Turkcell Iletisim Hizmetleri AS pays a dividend yielding 2.07%, while VEON does not currently pay a regular dividend.
Are Turkcell Iletisim Hizmetleri AS and VEON in the same industry?
No. Turkcell Iletisim Hizmetleri AS is in the Communication Services sector, while VEON is in Telecommunications.