Tearsheet

Kyivstar (KYIV)


Market Price (10/31/2025): $13.45 | Market Cap: $3.1 Bil
Sector: Communication Services | Industry: Integrated Telecommunication Services

Kyivstar (KYIV)


Market Price (10/31/2025): $13.45
Market Cap: $3.1 Bil
Sector: Communication Services
Industry: Integrated Telecommunication Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 38%
  
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29%
  
0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 38%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29%

Market Valuation & Key Metrics

KYIV Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
KYIV Return------0%
Peers Return-9%-2%4%-3%-2%1%-11%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
KYIV Win Rate-----100% 
Peers Win Rate18%18%18%18%20%70% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
KYIV Max Drawdown------ 
Peers Max Drawdown-12%-5%-7%-12%-12%-4% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: T, ATNI, GLIBA, GLIBK, IOTR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

KYIV has limited trading history. Below is the Communication Services sector ETF (XLC) in its place.

Unique KeyEventXLCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-47.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven89.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven602 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-30.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven43.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven112 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven32.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven326 days120 days

Compare to


In The Past

The Communication Services Select Sector SPDR Fund's stock fell -47.2% during the 2022 Inflation Shock from a high on 9/1/2021. A -47.2% loss requires a 89.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Kyivstar (KYIV)

Better Bets than Kyivstar (KYIV)

Trade Ideas

Select past ideas related to KYIV. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TTD_9302025_Dip_Buyer_High_CFO_Margins_ExInd_DE09302025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
1.9%1.9%0.0%
CMCSA_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025CMCSAComcastMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-13.2%-13.2%-13.2%
PINS_5312025_Monopoly_xInd_xCD_Getting_Cheaper05312025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
5.5%5.5%-2.3%
IRDM_4302025_Dip_Buyer_FCFYield04302025IRDMIridium CommunicationsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-28.9%-28.9%-28.9%
IAS_4302025_Dip_Buyer_High_CFO_Margins_ExInd_DE04302025IASIntegral Ad ScienceDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
44.4%44.4%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TTD_9302025_Dip_Buyer_High_CFO_Margins_ExInd_DE09302025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
1.9%1.9%0.0%
CMCSA_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025CMCSAComcastMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-13.2%-13.2%-13.2%
PINS_5312025_Monopoly_xInd_xCD_Getting_Cheaper05312025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
5.5%5.5%-2.3%
IRDM_4302025_Dip_Buyer_FCFYield04302025IRDMIridium CommunicationsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-28.9%-28.9%-28.9%
IAS_4302025_Dip_Buyer_High_CFO_Margins_ExInd_DE04302025IASIntegral Ad ScienceDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
44.4%44.4%0.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Kyivstar

Financials

KYIVTATNIGLIBAGLIBKIOTRMedian
NameKyivstar AT&T ATN Inte.GCI Libe.GCI Libe.iOThree  
Mkt Price13.4624.6814.7036.2936.410.3119.69
Mkt Cap-177.90.2---89.1
Rev LTM960123,984720932932-932
Op Inc LTM36224,63731176176-176
FCF LTM27419,62439146146-146
FCF 3Y Avg-19,614-18---9,798
CFO LTM46540,943129388388-388
CFO 3Y Avg-38,760117---19,439

Growth & Margins

KYIVTATNIGLIBAGLIBKIOTRMedian
NameKyivstar AT&T ATN Inte.GCI Libe.GCI Libe.iOThree  
Rev Chg LTM-1.5%-5.3%----1.9%
Rev Chg 3Y Avg-0.6%0.8%---0.7%
Rev Chg Q-3.5%-1.1%---1.2%
QoQ Delta Rev Chg LTM-0.9%-0.3%---0.3%
Op Mgn LTM37.7%19.9%4.3%18.9%18.9%-18.9%
Op Mgn 3Y Avg-19.9%3.7%---11.8%
QoQ Delta Op Mgn LTM-0.0%-0.0%---0.0%
CFO/Rev LTM48.4%33.0%18.0%41.6%41.6%-41.6%
CFO/Rev 3Y Avg-31.6%15.8%---23.7%
FCF/Rev LTM28.5%15.8%5.4%15.7%15.7%-15.7%
FCF/Rev 3Y Avg-16.0%-2.4%---6.8%

Valuation

KYIVTATNIGLIBAGLIBKIOTRMedian
NameKyivstar AT&T ATN Inte.GCI Libe.GCI Libe.iOThree  
Mkt Cap-177.90.2---89.1
P/S-1.40.3---0.9
P/EBIT-7.0-7.4----0.2
P/E-13.9-5.0---4.5
P/CFO-4.31.7---3.0
Total Yield-8.3%-13.6%----2.7%
Dividend Yield-1.1%6.5%---3.8%
FCF Yield 3Y Avg-13.5%-1.2%---6.2%
D/E-0.83.2---2.0
Net D/E-0.82.8---1.8

Returns

KYIVTATNIGLIBAGLIBKIOTRMedian
NameKyivstar AT&T ATN Inte.GCI Libe.GCI Libe.iOThree  
1M Rtn7.7%-11.7%-1.8%-3.4%-2.3%-19.6%-2.8%
3M Rtn--9.0%-12.7%9.8%9.5%-33.1%-9.0%
6M Rtn--8.8%1.7%---25.3%-8.8%
12M Rtn-17.1%-31.7%----7.3%
3Y Rtn-60.2%-61.8%----0.8%
1M Excs Rtn11.1%-11.1%-3.2%-4.6%-3.9%-24.6%-4.2%
3M Excs Rtn--19.5%-21.3%0.9%2.5%-35.8%-19.5%
6M Excs Rtn--30.6%-20.1%---47.0%-30.6%
12M Excs Rtn--0.5%-67.8%----34.2%
3Y Excs Rtn--11.6%-134.1%----72.9%

Financials

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity1,163,396
Short Interest: % Change Since 9302025-15.6%
Average Daily Volume434,789
Days-to-Cover Short Interest2.68
Basic Shares Quantity230,863,523
Short % of Basic Shares0.5%

SEC Filings

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Report DateFiling DateFiling
630202590520256-K 6/30/2025
123120247222025424B3 12/31/2024

Insider Activity

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