Kyivstar Group Ltd. (KYIV) intrinsic value & 10-year financials

Kyivstar Group Ltd. (KYIV) has a Graham intrinsic value of $16.42 per share. At $13.13 on Oct 27, 2026, the stock trades 20% below that value. Over the last 4 fiscal years revenue grew 12.4% a year to $1.2B, with an average return on invested capital of 27.3%.

Graham intrinsic value
$16.42
Share price (Oct 27, 2026)
$13.13
Price vs Graham value
20% below
Market cap
$2.8B
Revenue (FY2025)
$1.2B
Revenue growth (4-yr CAGR)
12.4%
ROIC (10-yr avg)
27.3%
Free cash flow (FY2025)
$311.0M

KYIV 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $1.2B $124.0M $0.57 $311.0M 23.7% 14.4%
FY2024 $919.0M $283.0M $1.37 $268.0M 37.9% 28.9%
FY2023 $915.0M $281.0M $1.36 $317.0M 39.7% 38.6%
FY2022 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Kyivstar Group Ltd. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Kyivstar Group Ltd. 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.

Kyivstar Group Ltd. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Kyivstar Group Ltd. is modeled at 12.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $16.42 per share.

KYIV stock: frequently asked questions

What is the intrinsic value of Kyivstar Group Ltd. (KYIV) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 12.4% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, KYIV's intrinsic value is about $16.42 per share.

Is KYIV stock undervalued?

At $13.13 (close on Oct 27, 2026), KYIV trades 20% below its Graham value of $16.42. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Kyivstar Group Ltd. generate free cash flow?

Kyivstar Group Ltd. generated $311.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 3 of the last 3 reported years.

What is KYIV's return on invested capital?

Average ROIC over the last 4 fiscal years was 27.3%, and average return on equity was 25.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this KYIV data come from?

From Kyivstar Group Ltd.'s annual 10-K filings on SEC EDGAR, most recently filed Mar 16, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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