Vodafone Plc. May Sell Stake In SFR

Vodafone Plc (NASDAQ:VOD) is nearing a deal to sell its stake in mobile service operator SFR. The company owns 44 percent stake in the company.

Vodafone Plc is looking to sell its stake to Vivendi.
Vodafone Plc is likely to use the sales proceeds for buying back its shares.
Vodafone Plc. is expected to carry out its shares buyback program in 2011. The program is likely to purchase back $7.9 billion worth of its own shares. SFR has been valued at as much as $10.74 billion by analysts. Vivendi has long been interested in buying SFR off Vodafone’s hands. The company CEO had said last month that acquiring SFR is a major priority for the company.

Vodafone is also expected to sell of its stake in Polkomtel, which is a Polish phone company. The stake is likely to be sold to Zygmunt Solorz-Zak. However, both the companies viz. Vodafone and Vivendi have refused to issue any comment.

Vodafone Plc. is operational in Europe, Asia and Africa, among other places. The company was earlier known as Vodafone AirTouch Plc. and it was incorporated in 1984. The company is based out of the UK.

Key Financial Stats

Valuation

Price/Earnings(TTM)10.50
Price/Cash Flow5.40
Price/Sales (TTM)2.03
Price/Book0.96
Financial Strength

Quick Ratio (MRQ)0.60
Current Ratio (MRQ)0.70
LT Debt to Equity (MRQ)0.35
Total Debt to Capital (MRQ)0.48
Return on Equity-
Assets

Asset Turnover0.00
Asset per Employee.2M
Inventory Turnover-
Per Share Data

Earnings (TTM)2.48
Current P/E Ratio0.70
Cash Flow4.77
Annual Dividend0.91
Book Value27.04
EBITDA-
Profitability

Market Cap2.48
Gross Margin (TTM)-
Operating Margin (TTM)-
Profit Margin (TTM) 19.40
Management Effectiveness

Return on Equity (TTM)-
Return on Assets (TTM)0.00%
Return on Investment (TTM)-