Is TMUS or VEON more undervalued in 2026?

CirclFi compares T-Mobile US, Inc. (TMUS) and VEON Ltd. (VEON) using 13 institutional-grade valuation models. TMUS has a Quality of Company score of 9.9/10 while VEON scores 2.1/10.

Which is a better buy — TMUS or VEON?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do TMUS and VEON valuations compare?

TMUS at $187.53 and VEON at $56.14 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

TMUS vs VEON Valuation Comparison 2026 — Intrinsic Value Analysis

TMUS

Radiotelephone Communications

T-Mobile US, Inc.

Quality

9.9

out of 10

Value Trap

SAFE

Price

$187.53

Last close

Models

12/13

Active

VEON

Radiotelephone Communications

VEON Ltd.

Quality

2.1

out of 10

Value Trap

—

Price

$56.14

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	TMUS Fair Value	TMUS Upside	VEON Fair Value	VEON Upside
Bayesian DCF	Intrinsic	$130.71	-30.3%	$16.70	-70.3%
Earnings Power Value	Intrinsic	$41.82	-77.7%	$124.30	+153.0%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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TMUS vs VEON — Which Stock Is More Undervalued?

TMUS scores higher with a 9.9/10 quality rating vs VEON's 2.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing T-Mobile US, Inc. (TMUS) and VEON Ltd. (VEON) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

TMUS currently trades at $187.53 with a QOC of 9.9/10, while VEON trades at $56.14 with a QOC of 2.1/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).