Enhanced Investments - Financial Portal

2025-03-12

#T #reports

TBank reported for 2025 q1:
- Revenue +45.6% YoY (vs +68.0% in previous quarter and historical rate +40.7%)
- Net Income +24.9% YoY (vs +24.9% in previous quarter and historical rate +73.7%)
- Net Income margin 18.3% decreased compared to 21.4% same period last year
- P/E multiple is 5.6x compared to historical level (50th percentile) of 7.2x

Growth potential increased by 14.5% to +30.2%

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2025-03-12

#T #reports

TBank reported for 2025 q2:
- Revenue +45.6% YoY (vs +68.0% in previous quarter and historical rate +40.7%)
- Net Income +24.9% YoY (vs +24.9% in previous quarter and historical rate +73.7%)
- Net Income margin 18.3% decreased compared to 21.4% same period last year
- P/E multiple is 5.6x compared to historical level (50th percentile) of 7.2x

Growth potential increased by 14.4% to +30.1%

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2025-03-12

#T #reports

TBank reported for 2025 q3:
- Revenue +45.6% YoY (vs +68.0% in previous quarter and historical rate +40.7%)
- Net Income +24.9% YoY (vs +24.9% in previous quarter and historical rate +73.7%)
- Net Income margin 18.3% decreased compared to 21.4% same period last year
- P/E multiple is 5.6x compared to historical level (50th percentile) of 7.2x

Growth potential increased by 14.4% to +30.1%

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2025-03-12

#T #reports

TBank reported for 2025 q4:
- Revenue +45.6% YoY (vs +68.0% in previous quarter and historical rate +40.7%)
- Net Income +24.9% YoY (vs +24.9% in previous quarter and historical rate +73.7%)
- Net Income margin 18.3% decreased compared to 21.4% same period last year
- P/E multiple is 5.6x compared to historical level (50th percentile) of 7.2x

Growth potential increased by 14.4% to +30.1%

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2025-03-12

#RENI #reports

Renessans reported for 2024 q4:
- Revenue +36.2% YoY (vs +35.4% in previous quarter and historical rate +20.4%)
- Net Income +775.3% YoY (vs -76.5% in previous quarter and historical rate +67.2%)
- Net Income margin 13.5% increased compared to 2.1% same period last year
- P/E multiple is 6.6x compared to historical level (50th percentile) of 4.8x

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2025-03-11

#POSI #reports

Positive reported for 2024 q3:
- Revenue +20.8% YoY (vs -1.6% in previous quarter and historical rate +67.4%)
- EBITDA -92.4% YoY (vs -951.2% in previous quarter and historical rate +28.2%)
- EBITDA margin 1.7% decreased compared to 27.4% same period last year
- Net Debt increased by 9 (8.6% of market cap)
- FCF (LTM) -4 bln RUB (negative), 3.8% of market cap
- EV/EBITDA multiple is 19.1x compared to historical level (50th percentile) of 21.5x

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2025-03-07

#FLOT #reports

SCF Group reported for 2024 q4:
- Revenue -28.7% YoY (vs -15.7% in previous quarter and historical rate +33.6%)
- EBITDA -43.7% YoY (vs -29.9% in previous quarter and historical rate +38.8%)
- Net Income -141.8% YoY (vs -16.9% in previous quarter and historical rate +379.9%)
- EBITDA margin 47.1% decreased compared to 59.7% same period last year
- Net Debt decreased by 9.9 (4.4% of market cap)
- FCF (LTM) +66.6 bln RUB (positive), 29.5% of market cap
- EV/EBITDA multiple is 2.5x compared to historical level (50th percentile) of 2.6x
- EV/EBITDA expected multiple is 1.9x

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2025-03-06

#UPRO #reports

Unipro reported for 2024 H2:
- Revenue +8.3% YoY (vs +7.9% in previous half-year and historical rate +13.5%)
- EBITDA -13% YoY (vs +13.5% in previous half-year and historical rate +39.7%)
- Net Income -55.9% YoY (vs +100.0% in previous half-year and historical rate +9.1%)
- EBITDA margin 12.1% decreased compared to 15.0% same period last year
- Net Debt decreased by 19.4 (11.7% of market cap)
- FCF (LTM) +39.9 bln RUB (positive), 24.2% of market cap
- EV/EBITDA multiple is 2.2x compared to historical level (50th percentile) of 2.3x

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2025-03-06

#BSPB #reports

Bank Sankt-Peterburg reported for 2024 q4:
- Revenue -39.8% YoY (vs +34.4% in previous quarter and historical rate +22.9%)
- Net Income +314.4% YoY (vs +55.6% in previous quarter and historical rate +72.6%)
- Net Income margin 342.2% increased compared to 49.7% same period last year
- P/E multiple is 2.3x compared to historical level (50th percentile) of 2.7x

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2025-03-05

#MTSS #reports

MTS reported for 2024 q4:
- Revenue +13.8% YoY (vs +15.3% in previous quarter and historical rate +10.0%)
- EBITDA +9% YoY (vs +5.8% in previous quarter and historical rate +2.6%)
- EBITDA margin 27.1% decreased compared to 28.3% same period last year
- Net Debt increased by 17.1 (4.1% of market cap)
- FCF (LTM) +14 bln RUB (positive), 3.3% of market cap
- EV/EBITDA multiple is 4.2x compared to historical level (50th percentile) of 4.3x

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2025-03-05

#MBNK #reports

MTS Bank reported for 2024 q4:
- Revenue -38.6% YoY (vs +14.8% in previous quarter and historical rate +27.6%)
- Net Income -179.1% YoY (vs -20.7% in previous quarter and historical rate +34.0%)
- Net Income margin -11.2% decreased compared to 8.7% same period last year
- P/E multiple is 5x compared to historical level (50th percentile) of 3.9x

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2025-03-05

#PLZL #reports

Polyus reported for 2024 q3:
- Revenue +57.6% YoY (vs +57.6% in previous quarter and historical rate +28.8%)
- EBITDA +64.8% YoY (vs +64.8% in previous quarter and historical rate +41.7%)
- EBITDA margin 71.1% increased compared to 68.0% same period last year
- Net Debt increased by 42.2 (1.6% of market cap)
- FCF (LTM) +82.1 bln RUB (positive), 3.2% of market cap
- EV/EBITDA multiple is 5x compared to historical level (50th percentile) of 6x
- EV/EBITDA expected multiple is 4.6x

Growth potential increased by 28.2% to +32.3%

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2025-03-05

#PLZL #reports

Polyus reported for 2024 q4:
- Revenue +57.6% YoY (vs +57.6% in previous quarter and historical rate +28.8%)
- EBITDA +64.8% YoY (vs +64.8% in previous quarter and historical rate +41.7%)
- Net Income +101.8% YoY (vs +237.8% in previous quarter and historical rate +49.6%)
- EBITDA margin 71.1% increased compared to 68.0% same period last year
- Net Debt increased by 42.2 (1.6% of market cap)
- FCF (LTM) +82.1 bln RUB (positive), 3.1% of market cap
- EV/EBITDA multiple is 5x compared to historical level (50th percentile) of 6x
- EV/EBITDA expected multiple is 4.6x

Growth potential increased by 28.2% to +32.3%

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2025-03-04

#AFLT #reports

Aeroflot reported for 2024 q4:
- Revenue +28.7% YoY (vs +37.3% in previous quarter and historical rate +24.5%)
- EBITDA -53.8% YoY (vs -47.2% in previous quarter and historical rate +58.9%)
- EBITDA margin 21.1% decreased compared to 58.8% same period last year
- Net Debt increased by 28 (33.0% of market cap)
- FCF (LTM) +37.6 bln RUB (positive), 44.4% of market cap
- EV/EBITDA multiple is 4.1x compared to historical level (50th percentile) of 6.2x

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2025-03-04

#LEAS #reports

Europlan reported for 2024 q4:
- Revenue +32.1% YoY (vs +40.9% in previous quarter and historical rate +33.1%)
- Net Income -13.4% YoY (vs -30.3% in previous quarter and historical rate +21.5%)
- Net Income 31.7% decreased compared to 48.4% same period last year
- P/E multiple is 6.1x compared to historical level (50th percentile) of 5.4x

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2025-03-03

#TRMK #reports

TMK (pipe) reported for 2024 q3:
- Revenue -3.8% YoY (vs -3.8% in previous quarter and historical rate +13.9%)
- EBITDA -47.4% YoY (vs -47.4% in previous quarter and historical rate +31.3%)
- EBITDA margin 10.5% decreased compared to 19.2% same period last year
- Net Debt decreased by 22.4 (17.1% of market cap)
- FCF (LTM) -0.6 bln RUB (negative), 0.4% of market cap
- EV/EBITDA multiple is 6.5x compared to historical level (50th percentile) of 3.8x
- EV/EBITDA expected multiple is 7.2x

Growth potential increased by 17.4% to -197.9%

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2025-03-03

#TRMK #reports

TMK (pipe) reported for 2024 q4:
- Revenue -3.8% YoY (vs -3.8% in previous quarter and historical rate +13.9%)
- EBITDA -47.4% YoY (vs -47.4% in previous quarter and historical rate +31.3%)
- Net Income -170.4% YoY (vs -106.4% in previous quarter and historical rate +109.8%)
- EBITDA margin 10.5% decreased compared to 19.2% same period last year
- Net Debt decreased by 22.4 (17.1% of market cap)
- FCF (LTM) -0.6 bln RUB (negative), 0.4% of market cap
- EV/EBITDA multiple is 6.5x compared to historical level (50th percentile) of 3.8x
- EV/EBITDA expected multiple is 7.2x

Growth potential increased by 17.4% to -197.9%

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2025-02-28

#IRAO #reports

Inter RAO reported for 2024 q3:
- Revenue +34.7% YoY (vs +6.6% in previous quarter and historical rate +10.8%)
- EBITDA -4.9% YoY (vs -12.9% in previous quarter and historical rate -1.0%)
- Net Income +6.4% YoY (vs +16.8% in previous quarter and historical rate +22.4%)
- EBITDA margin 7.6% decreased compared to 10.7% same period last year
- Net Debt decreased by 136.5 (34.9% of market cap)
- FCF (LTM) -75.1 bln RUB (negative), 19.2% of market cap
- EV/EBITDA multiple is 1.3x compared to historical level (50th percentile) of 0.9x

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2025-02-28

#IRAO #reports

Inter RAO reported for 2024 q4:
- Revenue +34.7% YoY (vs +6.6% in previous quarter and historical rate +10.8%)
- EBITDA -4.9% YoY (vs -12.9% in previous quarter and historical rate -1.0%)
- Net Income -27.1% YoY (vs +6.4% in previous quarter and historical rate +15.3%)
- EBITDA margin 7.6% decreased compared to 10.7% same period last year
- Net Debt decreased by 136.5 (34.9% of market cap)
- FCF (LTM) -75.1 bln RUB (negative), 19.2% of market cap
- EV/EBITDA multiple is 1.3x compared to historical level (50th percentile) of 0.9x

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2025-02-28

#YDEX #reports

Yandex reported for 2025 q1:
- Revenue +30% YoY (vs +30.0% in previous quarter and historical rate +40.2%)
- EBITDA +32.6% YoY (vs +32.6% in previous quarter and historical rate +65.7%)
- EBITDA margin 14.6% increased compared to 14.3% same period last year
- Net Debt increased by 23.9 bln rubles since the start of the year (1.7% of market cap)
- FCF (LTM) -66.3 bln RUB (negative), 4.7% of market cap
- EV/EBITDA multiple is 7.5x compared to historical level (50th percentile) of 10.4x

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2025-02-28

#ALRS #reports

Alrosa reported for 2024 q3:
- Revenue -13.3% YoY (vs -13.3% in previous quarter and historical rate -8.8%)
- EBITDA +11.6% YoY (vs +11.6% in previous quarter and historical rate -4.7%)
- EBITDA margin 47.8% increased compared to 37.2% same period last year
- Net Debt increased by 44.8 bln rubles since the start of the year (10.1% of market cap)
- FCF (LTM) +16.6 bln RUB (positive), 3.8% of market cap
- EV/EBITDA multiple is 6.8x compared to historical level (50th percentile) of 4.1x
- EV/EBITDA expected multiple is 14.5x

Growth potential increased by 17.1% to -89.5%

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2025-02-28

#YDEX #reports

Yandex reported for 2025 q2:
- Revenue +30% YoY (vs +30.0% in previous quarter and historical rate +40.2%)
- EBITDA +32.6% YoY (vs +32.6% in previous quarter and historical rate +65.7%)
- EBITDA margin 14.6% increased compared to 14.3% same period last year
- Net Debt increased by 23.9 bln rubles since the start of the year (1.7% of market cap)
- FCF (LTM) -66.3 bln RUB (negative), 4.7% of market cap
- EV/EBITDA multiple is 7.5x compared to historical level (50th percentile) of 10.4x

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2025-02-28

#ALRS #reports

Alrosa reported for 2024 q4:
- Revenue -13.3% YoY (vs -13.3% in previous quarter and historical rate -8.8%)
- EBITDA +11.6% YoY (vs +11.6% in previous quarter and historical rate -4.7%)
- Net Income -77.4% YoY (vs -73.0% in previous quarter and historical rate -10.7%)
- EBITDA margin 47.8% increased compared to 37.2% same period last year
- Net Debt increased by 44.8 bln rubles since the start of the year (10.1% of market cap)
- FCF (LTM) +16.6 bln RUB (positive), 3.7% of market cap
- EV/EBITDA multiple is 6.9x compared to historical level (50th percentile) of 4.1x
- EV/EBITDA expected multiple is 14.5x

Growth potential increased by 17.1% to -89.5%

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2025-02-28

#YDEX #reports

Yandex reported for 2025 q3:
- Revenue +30% YoY (vs +30.0% in previous quarter and historical rate +40.2%)
- EBITDA +32.6% YoY (vs +32.6% in previous quarter and historical rate +65.7%)
- EBITDA margin 14.6% increased compared to 14.3% same period last year
- Net Debt increased by 23.9 bln rubles since the start of the year (1.7% of market cap)
- FCF (LTM) -66.3 bln RUB (negative), 4.6% of market cap
- EV/EBITDA multiple is 7.6x compared to historical level (50th percentile) of 10.4x

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2025-02-27

#YDEX #reports

Yandex reported for 2025 q4:
- Revenue +30% YoY (vs +30.0% in previous quarter and historical rate +40.2%)
- EBITDA +32.6% YoY (vs +32.6% in previous quarter and historical rate +65.7%)
- EBITDA margin 14.6% increased compared to 14.3% same period last year
- Net Debt increased by 23.9 bln rubles since the start of the year (1.6% of market cap)
- FCF (LTM) -66.3 bln RUB (negative), 4.5% of market cap
- EV/EBITDA multiple is 7.7x compared to historical level (50th percentile) of 10.4x

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2025-02-27

#MOEX #reports

MOEX reported for 2024 q4:
- Revenue -9.6% YoY (vs +47.5% in previous quarter and historical rate +39.2%)
- Net Income -10.4% YoY (vs +61.3% in previous quarter and historical rate +44.0%)
- Net Income 56.9% decreased compared to 57.4% same period last year
- P/E multiple is 6.3x compared to historical level (50th percentile) of 6.7x

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2025-02-26

#RTKM #reports

Rostelecom reported for 2024 q4:
- Revenue +11.7% YoY (vs +11.0% in previous quarter and historical rate +11.7%)
- EBITDA +8.7% YoY (vs +1.3% in previous quarter and historical rate +9.9%)
- Net Income +151.7% YoY (vs -149.7% in previous quarter and historical rate +89.2%)
- EBITDA margin 33.7% decreased compared to 34.6% same period last year
- Net Debt increased by 11.6 bln rubles since the start of the year (5.3% of market cap)
- FCF (LTM) -77.2 bln RUB (negative), 35.5% of market cap
- EV/EBITDA multiple is 3.1x compared to historical level (50th percentile) of 3.5x

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2025-02-25

#VTBR #reports

Bank VTB PAO reported for 2024 q3:
- Revenue -48.5% YoY (vs -38.8% in previous quarter and historical rate +6.9%)
- Net Income +1236.1% YoY (vs +763.4% in previous quarter and historical rate +32.6%)
- Net Income 420.2% increased compared to 16.2% same period last year
- P/E multiple is 0.3x compared to historical level (50th percentile) of 1.3x

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2025-02-25

#VTBR #reports

Bank VTB PAO reported for 2024 q4:
- Revenue -48.5% YoY (vs -38.8% in previous quarter and historical rate +6.9%)
- Net Income +1236.1% YoY (vs +763.4% in previous quarter and historical rate +32.6%)
- Net Income 420.2% increased compared to 16.2% same period last year
- P/E multiple is 0.3x compared to historical level (50th percentile) of 1.3x

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2025-02-22

#MRKP #reports

IDGC Center & Volga reported for 2024 q4:
- Revenue +13.3% YoY (vs +13.3% in previous quarter and historical rate +12.0%)
- EBITDA +20.6% YoY (vs +20.6% in previous quarter and historical rate +15.6%)
- EBITDA margin 11.7% increased compared to 11.0% same period last year
- Net Debt increased by 1.3 bln rubles over the past reporting period (2.9% of market cap)
- FCF (LTM) -0.2 bln RUB (negative), 0.5% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 1.7x

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2025-02-22

#MRKP #reports

IDGC Center & Volga reported for 2025 q1:
- Revenue +13.3% YoY (vs +13.3% in previous quarter and historical rate +12.0%)
- EBITDA +20.6% YoY (vs +20.6% in previous quarter and historical rate +15.6%)
- EBITDA margin 11.7% increased compared to 11.0% same period last year
- Net Debt increased by 1.3 bln rubles over the past reporting period (2.9% of market cap)
- FCF (LTM) -0.2 bln RUB (negative), 0.5% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 1.7x

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2025-02-21

#RASP #reports

Raspadskaya reported for 2024 H2:
- Revenue -18.3% YoY (vs -3.7% in previous half-year and historical rate +16.4%)
- EBITDA -76% YoY (vs -94.8% in previous half-year and historical rate -9.8%)
- Net Income -164.9% YoY (vs -115.8% in previous half-year and historical rate +24.4%)
- EBITDA margin 7.7% decreased compared to 26.1% same period last year
- Net Debt increased by 15.7 bln rubles over the past reporting period (8.2% of market cap)
- FCF (LTM) -23.2 bln RUB (negative), 12.2% of market cap
- EV/EBITDA multiple is 23.6x compared to historical level (50th percentile) of 2.8x
- EV/EBITDA expected multiple is -3.7x

Growth potential increased by 11.7% to -187.9%

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2025-02-21

#MRKP #reports

IDGC Center & Volga reported for 2025 q2:
- Revenue +13.3% YoY (vs +13.3% in previous quarter and historical rate +12.0%)
- EBITDA +20.6% YoY (vs +20.6% in previous quarter and historical rate +15.6%)
- EBITDA margin 11.7% increased compared to 11.0% same period last year
- Net Debt increased by 1.3 bln rubles over the past reporting period (3.0% of market cap)
- FCF (LTM) -0.2 bln RUB (negative), 0.5% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 1.7x

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2025-02-21

#MTLR #reports

Mechel reported for 2024 q3:
- Revenue -14.1% YoY (vs -14.1% in previous quarter and historical rate +1.1%)
- EBITDA -57.7% YoY (vs -57.7% in previous quarter and historical rate -22.7%)
- EBITDA margin 10.2% decreased compared to 20.8% same period last year
- Net Debt decreased by 0.3 bln rubles over the past reporting period (0.5% of market cap)
- FCF (LTM) -13.1 bln RUB (negative), 24.4% of market cap
- EV/EBITDA multiple is 10.6x compared to historical level (50th percentile) of 4.4x
- EV/EBITDA expected multiple is 51.3x

Growth potential increased by 15.8% to -604.0%

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2025-02-21

#MRKP #reports

IDGC Center & Volga reported for 2025 q3:
- Revenue +13.3% YoY (vs +13.3% in previous quarter and historical rate +12.0%)
- EBITDA +20.6% YoY (vs +20.6% in previous quarter and historical rate +15.6%)
- EBITDA margin 11.7% increased compared to 11.0% same period last year
- Net Debt increased by 1.3 bln rubles over the past reporting period (2.9% of market cap)
- FCF (LTM) -0.2 bln RUB (negative), 0.5% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 1.7x

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2025-02-20

#SOFL #reports

Softline reported for 2025 q1:
- Revenue +24.3% YoY (vs +24.3% in previous quarter and historical rate +28.7%)
- EBITDA +39.3% YoY (vs +39.2% in previous quarter and historical rate +59.2%)
- EBITDA margin 5.6% increased compared to 5.0% same period last year
- Net Debt increased by 1.8 bln rubles over the past reporting period (5.2% of market cap)
- FCF (LTM) -7.1 bln RUB (negative), 20.7% of market cap
- EV/EBITDA multiple is 8.9x compared to historical level (50th percentile) of 16x

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2025-02-20

#MTLR #reports

Mechel reported for 2024 q4:
- Revenue -14.1% YoY (vs -14.1% in previous quarter and historical rate +1.1%)
- EBITDA -57.7% YoY (vs -57.7% in previous quarter and historical rate -22.7%)
- EBITDA margin 10.2% decreased compared to 20.8% same period last year
- Net Debt decreased by 0.3 bln rubles over the past reporting period (0.5% of market cap)
- FCF (LTM) -13.1 bln RUB (negative), 24.6% of market cap
- EV/EBITDA multiple is 10.6x compared to historical level (50th percentile) of 4.3x
- EV/EBITDA expected multiple is 59x

Growth potential decreased by 231.1% to -613.2%

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2025-02-20

#MRKP #reports

IDGC Center & Volga reported for 2025 q4:
- Revenue +13.3% YoY (vs +13.3% in previous quarter and historical rate +12.0%)
- EBITDA +20.6% YoY (vs +20.6% in previous quarter and historical rate +15.6%)
- EBITDA margin 11.7% increased compared to 11.0% same period last year
- Net Debt increased by 1.3 bln rubles over the past reporting period (3.0% of market cap)
- FCF (LTM) -0.2 bln RUB (negative), 0.5% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 1.7x

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2025-02-20

#SOFL #reports

Softline reported for 2025 q2:
- Revenue +24.3% YoY (vs +24.3% in previous quarter and historical rate +28.7%)
- EBITDA +39.3% YoY (vs +39.2% in previous quarter and historical rate +59.2%)
- EBITDA margin 5.6% increased compared to 5.0% same period last year
- Net Debt increased by 1.8 bln rubles over the past reporting period (5.2% of market cap)
- FCF (LTM) -7.1 bln RUB (negative), 20.8% of market cap
- EV/EBITDA multiple is 8.9x compared to historical level (50th percentile) of 16x

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2025-02-19

#SOFL #reports

Softline reported for 2025 q3:
- Revenue +24.3% YoY (vs +24.3% in previous quarter and historical rate +28.7%)
- EBITDA +39.3% YoY (vs +39.2% in previous quarter and historical rate +59.2%)
- EBITDA margin 5.6% increased compared to 5.0% same period last year
- Net Debt increased by 1.8 bln rubles over the past reporting period (5.2% of market cap)
- FCF (LTM) -7.1 bln RUB (negative), 20.9% of market cap
- EV/EBITDA multiple is 8.9x compared to historical level (50th percentile) of 16x

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2025-02-19

#SOFL #reports

Softline reported for 2025 q4:
- Revenue +24.3% YoY (vs +24.3% in previous quarter and historical rate +28.7%)
- EBITDA +39.3% YoY (vs +39.2% in previous quarter and historical rate +59.2%)
- EBITDA margin 5.6% increased compared to 5.0% same period last year
- Net Debt increased by 1.8 bln rubles over the past reporting period (5.2% of market cap)
- FCF (LTM) -7.1 bln RUB (negative), 20.8% of market cap
- EV/EBITDA multiple is 8.9x compared to historical level (50th percentile) of 16x

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2025-02-17

#SIBN #reports

Gazprom Neft reported for 2024 q3:
- Revenue +5.8% YoY (vs +5.8% in previous quarter and historical rate +12.5%)
- EBITDA +4.5% YoY (vs +4.5% in previous quarter and historical rate +20.6%)
- EBITDA margin 27.1% decreased compared to 27.4% same period last year
- Net Debt increased by 244.6 bln rubles over the past reporting period (8.0% of market cap)
- FCF (LTM) -701.5 bln RUB (negative), 23.1% of market cap
- EV/EBITDA multiple is 3.8x compared to historical level (50th percentile) of 4.3x
- EV/EBITDA expected multiple is 4.4x

Growth potential decreased by 12.9% to -15.1%

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2025-02-17

#SIBN #reports

Gazprom Neft reported for 2024 q4:
- Revenue +5.8% YoY (vs +5.8% in previous quarter and historical rate +12.5%)
- EBITDA +4.5% YoY (vs +4.5% in previous quarter and historical rate +20.6%)
- EBITDA margin 27.1% decreased compared to 27.4% same period last year
- Net Debt increased by 244.6 bln rubles over the past reporting period (8.2% of market cap)
- FCF (LTM) -701.5 bln RUB (negative), 23.5% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 4.3x
- EV/EBITDA expected multiple is 4.4x

Growth potential decreased by 15.1% to -15.5%

------------------------------------------------

2025-02-17

#RAGR #reports

Rusagro reported for 2024 q3:
- Revenue +6.3% YoY (vs +19.6% in previous quarter and historical rate +17.0%)
- EBITDA -29.4% YoY (vs -23.2% in previous quarter and historical rate +20.5%)
- EBITDA margin 13.9% decreased compared to 21.0% same period last year
- Net Debt decreased by 11.6 bln rubles over the past reporting period (5.7% of market cap)
- FCF (LTM) +15.2 bln RUB (positive), 7.4% of market cap
- EV/EBITDA multiple is 5.1x compared to historical level (50th percentile) of 4.2x

Growth potential decreased by 50.0% to +45.0%

------------------------------------------------

2025-02-14

#PHOR #reports

Phosagro reported for 2024 q4:
- Revenue +22.6% YoY (vs +11.5% in previous quarter and historical rate +13.3%)
- EBITDA -0.3% YoY (vs -6.0% in previous quarter and historical rate +10.0%)
- EBITDA margin 39.9% decreased compared to 49.1% same period last year
- Net Debt increased by 72.6 bln rubles over the past reporting period (8.3% of market cap)
- FCF (LTM) -23.4 bln RUB (negative), 2.7% of market cap
- EV/EBITDA multiple is 6.9x compared to historical level (50th percentile) of 5.2x
- EV/EBITDA expected multiple is 5.4x

Growth potential decreased by 14.3% to -18.6%

------------------------------------------------

2025-02-14

#GCHE #reports

Cherkizovo reported for 2024 q3:
- Revenue +9.3% YoY (vs +9.3% in previous quarter and historical rate +18.5%)
- EBITDA -47.4% YoY (vs -47.4% in previous quarter and historical rate +27.0%)
- EBITDA margin 13.0% decreased compared to 27.0% same period last year
- Net Debt increased by 13.2 bln rubles over the past reporting period (6.5% of market cap)
- FCF (LTM) -23.5 bln RUB (negative), 11.7% of market cap
- EV/EBITDA multiple is 7.2x compared to historical level (50th percentile) of 6.6x
- EV/EBITDA expected multiple is 7.3x

Growth potential decreased by 22.2% to -46.4%

------------------------------------------------

2025-02-13

#GCHE #reports

Cherkizovo reported for 2024 q4:
- Revenue +9.3% YoY (vs +9.3% in previous quarter and historical rate +18.5%)
- EBITDA -47.4% YoY (vs -47.4% in previous quarter and historical rate +27.0%)
- EBITDA margin 13.0% decreased compared to 27.0% same period last year
- Net Debt increased by 13.2 bln rubles over the past reporting period (6.5% of market cap)
- FCF (LTM) -23.5 bln RUB (negative), 11.6% of market cap
- EV/EBITDA multiple is 7.2x compared to historical level (50th percentile) of 6.6x
- EV/EBITDA expected multiple is 7.4x

Growth potential decreased by 95.2% to -47.2%

------------------------------------------------

2025-02-12

#NVTK #reports

Novatek reported for 2024 q3:
- Revenue +8.9% YoY (vs +8.9% in previous quarter and historical rate +24.4%)
- EBITDA -32% YoY (vs -32.0% in previous quarter and historical rate +20.0%)
- EBITDA margin 22.6% decreased compared to 36.2% same period last year
- Net Debt decreased by 44.7 bln rubles over the past reporting period (1.3% of market cap)
- FCF (LTM) +59.9 bln RUB (positive), 1.7% of market cap
- EV/EBITDA multiple is 8.8x compared to historical level (50th percentile) of 7x
- EV/EBITDA expected multiple is 15.8x

Growth potential increased by 10.5% to -59.8%

------------------------------------------------

2025-02-12

#EELT #reports

EuroElTech reported for 2024 q3:
- Revenue +155.3% YoY (vs +7.6% in previous quarter and historical rate +27.6%)
- EBITDA +218.5% YoY (vs -21.9% in previous quarter and historical rate +44.2%)
- EBITDA margin 19.5% increased compared to 15.6% same period last year
- EV/EBITDA multiple is 7.1x compared to historical level (50th percentile) of 5.3x

------------------------------------------------

2025-02-12

#NVTK #reports

Novatek reported for 2024 q4:
- Revenue +8.9% YoY (vs +8.9% in previous quarter and historical rate +24.4%)
- EBITDA -32% YoY (vs -32.0% in previous quarter and historical rate +20.0%)
- EBITDA margin 22.6% decreased compared to 36.2% same period last year
- Net Debt decreased by 44.7 bln rubles over the past reporting period (1.2% of market cap)
- FCF (LTM) +59.9 bln RUB (positive), 1.7% of market cap
- EV/EBITDA multiple is 9x compared to historical level (50th percentile) of 7x
- EV/EBITDA expected multiple is 15.5x

Growth potential increased by 11.9% to -58.9%

------------------------------------------------

2025-02-11

#GMKN #reports

Nornickel reported for 2024 H2:
- Revenue -3% YoY (vs -8.1% in previous half-year and historical rate -2.2%)
- EBITDA -17.5% YoY (vs -29.8% in previous half-year and historical rate -14.8%)
- EBITDA margin 39.6% decreased compared to 46.5% same period last year
- Net Debt increased by 84.5 bln rubles over the past reporting period (4.4% of market cap)
- FCF (LTM) -110.2 bln RUB (negative), 5.8% of market cap
- EV/EBITDA multiple is 6.6x compared to historical level (50th percentile) of 6.1x
- EV/EBITDA expected multiple is 6.4x

Growth potential decreased by 15.8% to -13.4%

------------------------------------------------

2025-02-03

#CHMF #reports

Severstal reported for 2024 q4:
- Revenue -11.1% YoY (vs +13.6% in previous quarter and historical rate -0.6%)
- EBITDA -36.2% YoY (vs -10.8% in previous quarter and historical rate -14.9%)
- EBITDA margin 25.8% decreased compared to 35.9% same period last year
- Net Debt increased by 47.1 bln rubles over the past reporting period (4.8% of market cap)
- FCF (LTM) +19.2 bln RUB (positive), 2.0% of market cap
- EV/EBITDA multiple is 4.1x compared to historical level (50th percentile) of 4.3x
- EV/EBITDA expected multiple is 4.6x

Growth potential decreased by 21.4% to -8.1%

------------------------------------------------

2025-01-31

#LKOH #reports

Lukoil reported for 2024 q3:
- Revenue +10.7% YoY (vs +10.7% in previous quarter and historical rate +1.4%)
- EBITDA -10.1% YoY (vs -10.1% in previous quarter and historical rate +13.6%)
- EBITDA margin 21.3% decreased compared to 26.3% same period last year
- EV/EBITDA multiple is 2x compared to historical level (50th percentile) of 2.5x
- EV/EBITDA expected multiple is 2.2x

Growth potential increased by 1.8% to +10.3%

------------------------------------------------

2025-01-30

#LKOH #reports

Lukoil reported for 2024 q4:
- Revenue +10.7% YoY (vs +10.7% in previous quarter and historical rate +1.4%)
- EBITDA -10.1% YoY (vs -10.1% in previous quarter and historical rate +13.6%)
- EBITDA margin 21.3% decreased compared to 26.3% same period last year
- EV/EBITDA multiple is 2x compared to historical level (50th percentile) of 2.5x
- EV/EBITDA expected multiple is 2.2x

Growth potential decreased by 8.6% to +11.2%

------------------------------------------------

2025-01-21

#SFIN #reports

SFI Holding reported for 2024 q3:
- Revenue +57.4% YoY (vs +62.0% in previous quarter and historical rate +38.7%)
- Net Income -33.3% YoY (vs +17.7% in previous quarter and historical rate +77.0%)
- Net Income 27.6% decreased compared to 65.1% same period last year
- P/E multiple is 3.3x compared to historical level (50th percentile) of 5x

------------------------------------------------

2025-01-13

#OZON #reports

OZON reported for 2024 q4:
- Revenue +85.6% YoY (vs +41.1% in previous quarter and historical rate +54.0%)
- EBITDA margin 5.3% increased compared to -1.8% same period last year
- Net Debt increased by 42.2 bln rubles over the past reporting period (7.5% of market cap)
- FCF (LTM) -168.8 bln RUB (negative), 29.9% of market cap

------------------------------------------------

2025-01-09

#X5 #reports

X5 Retail Group reported for 2024 q3:
- Revenue +22.9% YoY (vs +25.1% in previous quarter and historical rate +20.4%)
- EBITDA +16% YoY (vs +18.3% in previous quarter and historical rate +19.2%)
- EBITDA margin 7.3% decreased compared to 7.7% same period last year
- Net Debt increased by 27.3 bln rubles over the past reporting period (3.6% of market cap)
- FCF (LTM) -32.6 bln RUB (negative), 4.3% of market cap
- EV/EBITDA multiple is 3.8x compared to historical level (50th percentile) of 3.8x

------------------------------------------------

2024-12-07

#SVCB #reports

Sovcombank reported for 2024 q3:
- Revenue -6.8% YoY (vs +31.5% in previous quarter and historical rate +12.0%)
- Net Income -28% YoY (vs -46.9% in previous quarter and historical rate +19.2%)
- Net Income 50.1% decreased compared to 64.9% same period last year
- P/E multiple is 3.4x compared to historical level (50th percentile) of 3.5x

------------------------------------------------

2024-12-07

#CIAN #reports

Cian reported for 2024 q3:
- Revenue -2% YoY (vs +21.4% in previous quarter and historical rate +33.4%)
- EBITDA -65.8% YoY (vs +94.8% in previous quarter and historical rate +85.1%)
- EBITDA margin 10.0% decreased compared to 28.7% same period last year
- Net Debt decreased by 1.5 bln rubles over the past reporting period (4.3% of market cap)
- FCF (LTM) +2.1 bln RUB (positive), 6.1% of market cap
- EV/EBITDA multiple is 10.5x compared to historical level (50th percentile) of 19.2x

------------------------------------------------

2024-12-07

#BSPB #reports

Bank Sankt-Peterburg reported for 2024 q3:
- Revenue +34.4% YoY (vs +40.1% in previous quarter and historical rate +27.7%)
- Net Income +55.6% YoY (vs -17.8% in previous quarter and historical rate +60.1%)
- Net Income 55.2% increased compared to 47.7% same period last year
- P/E multiple is 3.1x compared to historical level (50th percentile) of 2.6x

------------------------------------------------

2024-12-04

#ZAYM #reports

Zaymer reported for 2024 q3:
- Revenue +289116.3% YoY (vs -3.7% in previous quarter and historical rate +36.4%)
- Net Income +212968.3% YoY (vs -31.7% in previous quarter and historical rate +37.6%)
- Net Income 27.8% decreased compared to 37.8% same period last year
- P/E multiple is 0x compared to historical level (50th percentile) of 3.6x

------------------------------------------------

2024-12-04

#SELG #reports

Seligdar reported for 2024 q3:
- Revenue +36.9% YoY (vs -0.7% in previous quarter and historical rate +25.9%)
- EBITDA +47.5% YoY (vs +8.1% in previous quarter and historical rate +11.7%)
- EBITDA margin 42.0% increased compared to 38.9% same period last year
- Net Debt increased by 12.6 bln rubles over the past reporting period (46.2% of market cap)
- FCF (LTM) -12.7 bln RUB (negative), 46.7% of market cap
- EV/EBITDA multiple is 5.8x compared to historical level (50th percentile) of 8.1x
- EV/EBITDA expected multiple is 4x

Growth potential decreased by 7.4% to +199.2%

------------------------------------------------

2024-12-04

#MRKY #reports

IDGC South reported for 2024 q3:
- Revenue +20.8% YoY (vs -4.8% in previous quarter and historical rate +17.2%)
- EBITDA +8.6% YoY (vs -9.8% in previous quarter and historical rate +46.5%)
- EBITDA margin 21.9% decreased compared to 24.3% same period last year
- Net Debt decreased by 0.9 bln rubles over the past reporting period (21.8% of market cap)
- FCF (LTM) -1.5 bln RUB (negative), 34.7% of market cap
- EV/EBITDA multiple is 2.4x compared to historical level (50th percentile) of 4.7x

------------------------------------------------

2024-12-04

#MRKV #reports

IDGC Volga reported for 2024 q3:
- Revenue +15.9% YoY (vs +0.3% in previous quarter and historical rate +9.2%)
- EBITDA +31.8% YoY (vs -43.1% in previous quarter and historical rate +29.0%)
- EBITDA margin 22.9% increased compared to 20.1% same period last year
- Net Debt decreased by 0.1 bln rubles over the past reporting period (1.3% of market cap)
- FCF (LTM) -1.1 bln RUB (negative), 10.7% of market cap
- EV/EBITDA multiple is 1.3x compared to historical level (50th percentile) of 1.7x

------------------------------------------------

2024-12-04

#MRKU #reports

IDGC Ural reported for 2024 q3:
- Revenue -1.6% YoY (vs -7.3% in previous quarter and historical rate +2.6%)
- EBITDA -95.6% YoY (vs +10.4% in previous quarter and historical rate +14.3%)
- EBITDA margin 1.1% decreased compared to 24.1% same period last year
- Net Debt decreased by 22.6 bln rubles over the past reporting period (86.7% of market cap)
- FCF (LTM) +20.6 bln RUB (positive), 79.3% of market cap
- EV/EBITDA multiple is 1.2x compared to historical level (50th percentile) of 2.2x

------------------------------------------------

2024-12-03

#AFKS #reports

Sistema reported for 2024 q3:
- Revenue +11.6% YoY (vs +24.3% in previous quarter and historical rate +16.2%)
- EBITDA +13.4% YoY (vs +26.8% in previous quarter and historical rate +8.3%)
- EBITDA margin 27.1% increased compared to 26.7% same period last year
- Net Debt increased by 144.4 bln rubles over the past reporting period (122.8% of market cap)
- FCF (LTM) -264.8 bln RUB (negative), 225.3% of market cap
- EV/EBITDA multiple is 6x compared to historical level (50th percentile) of 4.9x

------------------------------------------------

2024-11-30

#ROSN #reports

Rosneft reported for 2024 q3:
- Revenue -7.7% YoY (vs +26.6% in previous quarter and historical rate +16.3%)
- EBITDA -19% YoY (vs +9.6% in previous quarter and historical rate +32.1%)
- EBITDA margin 30.3% decreased compared to 34.5% same period last year
- EV/EBITDA multiple is 2.8x compared to historical level (50th percentile) of 3x
- EV/EBITDA expected multiple is 2.8x

Growth potential decreased by 2.4% to +1.2%

------------------------------------------------

2024-11-30

#MRKC #reports

IDGC Center reported for 2024 q3:
- Revenue +7.4% YoY (vs +2.6% in previous quarter and historical rate +40.8%)
- EBITDA -12.3% YoY (vs -2.2% in previous quarter and historical rate +47.2%)
- EBITDA margin 25.6% decreased compared to 31.3% same period last year
- Net Debt increased by 1.2 bln rubles over the past reporting period (6.2% of market cap)
- FCF (LTM) +6.2 bln RUB (positive), 32.8% of market cap
- EV/EBITDA multiple is 1.5x compared to historical level (50th percentile) of 2.7x

------------------------------------------------

2024-11-30

#GAZP #reports

Gazprom reported for 2024 q3:
- Revenue +15.2% YoY (vs +23.7% in previous quarter and historical rate +8.7%)
- EBITDA +32.5% YoY (vs +19.0% in previous quarter and historical rate -1.1%)
- EBITDA margin 27.9% increased compared to 24.3% same period last year
- Net Debt increased by 110.8 bln rubles over the past reporting period (3.8% of market cap)
- FCF (LTM) -590 bln RUB (negative), 20.1% of market cap
- EV/EBITDA multiple is 4.5x compared to historical level (50th percentile) of 5.4x
- EV/EBITDA expected multiple is 2.4x

Growth potential increased by 40.2% to +330.8%

------------------------------------------------

2024-11-29

#ROSB #reports

Rosbank reported for 2024 q3:
- Revenue -7.5% YoY (vs -2.5% in previous quarter and historical rate +11.8%)
- Net Income -51.5% YoY (vs -45.7% in previous quarter and historical rate +13.6%)
- Net Income 25.6% decreased compared to 48.8% same period last year
- P/E multiple is 10.9x compared to historical level (50th percentile) of 8x

------------------------------------------------

2024-11-29

#MRKP #reports

IDGC Center & Volga reported for 2024 q3:
- Revenue +12.9% YoY (vs +4.8% in previous quarter and historical rate +10.3%)
- EBITDA +24.6% YoY (vs +16.9% in previous quarter and historical rate +15.5%)
- EBITDA margin 28.1% increased compared to 25.4% same period last year
- Net Debt decreased by 1.6 bln rubles over the past reporting period (4.4% of market cap)
- FCF (LTM) +13.9 bln RUB (positive), 37.5% of market cap
- EV/EBITDA multiple is 1.2x compared to historical level (50th percentile) of 1.7x

------------------------------------------------

2024-11-29

#DIAS #reports

Diasoft reported for 2024 H1:
- Revenue +20.8% YoY (vs +29.4% in previous half-year and historical rate +18.0%)
- EBITDA -21.1% YoY (vs +7.9% in previous half-year and historical rate +15.3%)
- EBITDA margin 23.0% decreased compared to 35.3% same period last year
- Net Debt increased by 1 bln rubles over the past reporting period (2.7% of market cap)
- FCF (LTM) +3.3 bln RUB (positive), 9.2% of market cap
- EV/EBITDA multiple is 10.8x compared to historical level (50th percentile) of 14.7x

------------------------------------------------

2024-11-29

#AFLT #reports

Aeroflot reported for 2024 q3:
- Revenue +37.3% YoY (vs +45.8% in previous quarter and historical rate +29.6%)
- EBITDA -47.2% YoY (vs +80.3% in previous quarter and historical rate +80.1%)
- EBITDA margin 15.9% decreased compared to 41.3% same period last year
- Net Debt increased by 5.9 bln rubles over the past reporting period (10.1% of market cap)
- FCF (LTM) +66.1 bln RUB (positive), 113.6% of market cap
- EV/EBITDA multiple is 2.8x compared to historical level (50th percentile) of 6.3x

------------------------------------------------

2024-11-28

#HYDR #reports

Rushydro reported for 2024 q3:
- Revenue +19.8% YoY (vs +7.2% in previous quarter and historical rate +10.7%)
- EBITDA +36.2% YoY (vs +0.7% in previous quarter and historical rate +9.6%)
- EBITDA margin 26.6% increased compared to 23.4% same period last year
- Net Debt increased by 57.1 bln rubles over the past reporting period (30.7% of market cap)
- FCF (LTM) -146.5 bln RUB (negative), 78.7% of market cap
- EV/EBITDA multiple is 4.8x compared to historical level (50th percentile) of 5.7x

------------------------------------------------

2024-11-28

#AKRN #reports

Acron reported for 2024 q3:
- Revenue +11.1% YoY (vs +26.7% in previous quarter and historical rate +12.3%)
- EBITDA -30% YoY (vs -42.8% in previous quarter and historical rate +10.8%)
- EBITDA margin 38.5% decreased compared to 61.1% same period last year
- Net Debt increased by 11.4 bln rubles over the past reporting period (1.7% of market cap)
- FCF (LTM) -30.9 bln RUB (negative), 4.5% of market cap
- EV/EBITDA multiple is 14.9x compared to historical level (50th percentile) of 9.1x
- EV/EBITDA expected multiple is 11.6x

Growth potential decreased by 28.0% to -40.5%

------------------------------------------------

2024-11-27

#MRKZ #reports

IDGC North West reported for 2024 q3:
- Revenue +8.7% YoY (vs +2.5% in previous quarter and historical rate +4.2%)
- EBITDA -57.7% YoY (vs +202.8% in previous quarter and historical rate +25.7%)
- EBITDA margin 7.0% decreased compared to 18.0% same period last year
- Net Debt increased by 1.4 bln rubles over the past reporting period (31.1% of market cap)
- FCF (LTM) +0.1 bln RUB (positive), 3.4% of market cap
- EV/EBITDA multiple is 3x compared to historical level (50th percentile) of 3.8x

------------------------------------------------

2024-11-27

#OZPH #reports

Ozon Pharm reported for 2024 q3:
- Revenue -7.2% YoY (vs +62.7% in previous quarter and historical rate +14.9%)
- EBITDA -14.7% YoY (vs +167.6% in previous quarter and historical rate +35.3%)
- EBITDA margin 39.9% decreased compared to 43.3% same period last year
- EV/EBITDA multiple is 3.4x compared to historical level (50th percentile) of 3.7x

------------------------------------------------

2024-11-25

#MOEX #reports

MOEX reported for 2024 q3:
- Revenue +47.5% YoY (vs +74.4% in previous quarter and historical rate +41.4%)
- Net Income +61.3% YoY (vs +61.0% in previous quarter and historical rate +45.7%)
- Net Income 58.2% increased compared to 53.3% same period last year
- P/E multiple is 5.3x compared to historical level (50th percentile) of 6.9x

------------------------------------------------

2024-11-21

#SGZH #reports

Segezha Group reported for 2024 q3:
- Revenue +13.1% YoY (vs +23.8% in previous quarter and historical rate +9.4%)
- EBITDA -3.6% YoY (vs +9.4% in previous quarter and historical rate -2.3%)
- EBITDA margin 10.6% decreased compared to 12.4% same period last year
- Net Debt increased by 2.9 bln rubles over the past reporting period (11.6% of market cap)
- FCF (LTM) -16.9 bln RUB (negative), 68.8% of market cap
- EV/EBITDA multiple is 16.8x compared to historical level (50th percentile) of 14.8x
- EV/EBITDA expected multiple is -176.1x

Growth potential decreased by 495.2% to -1201.6%

------------------------------------------------

2024-11-20

#RENI #reports

Renessans reported for 2024 q3:
- Revenue +35.4% YoY (vs +41.1% in previous quarter and historical rate +18.4%)
- Net Income -76.5% YoY (vs -70.2% in previous quarter and historical rate +48.7%)
- Net Income 1.4% decreased compared to 7.9% same period last year
- P/E multiple is 10.7x compared to historical level (50th percentile) of 4.7x

------------------------------------------------

2024-11-20

#MTSS #reports

MTS reported for 2024 q3:
- Revenue +15.3% YoY (vs +18.5% in previous quarter and historical rate +9.5%)
- EBITDA +5.8% YoY (vs +5.4% in previous quarter and historical rate +2.1%)
- EBITDA margin 29.9% decreased compared to 32.6% same period last year
- Net Debt increased by 36 bln rubles over the past reporting period (11.6% of market cap)
- FCF (LTM) +25.3 bln RUB (positive), 8.2% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 4.3x

------------------------------------------------

2024-11-20

#MBNK #reports

MTS Bank reported for 2024 q3:
- Revenue +14.8% YoY (vs +23.4% in previous quarter and historical rate +34.7%)
- Net Income -20.7% YoY (vs +29.9% in previous quarter and historical rate +48.7%)
- Net Income 22.3% decreased compared to 32.3% same period last year
- P/E multiple is 3.5x compared to historical level (50th percentile) of 4.5x

------------------------------------------------

2024-11-20

#LEAS #reports

Europlan reported for 2024 q3:
- Revenue +40.9% YoY (vs +38.3% in previous quarter and historical rate +33.9%)
- Net Income -30.3% YoY (vs +18.3% in previous quarter and historical rate +26.0%)
- Net Income 22.7% decreased compared to 45.9% same period last year
- P/E multiple is 4.9x compared to historical level (50th percentile) of 6.3x

------------------------------------------------

2024-11-18

#FLOT #reports

SCF Group reported for 2024 q3:
- Revenue -15.7% YoY (vs -10.1% in previous quarter and historical rate +35.2%)
- EBITDA -29.9% YoY (vs -31.1% in previous quarter and historical rate +42.3%)
- EBITDA margin 57.5% decreased compared to 69.1% same period last year
- Net Debt increased by 13.1 bln rubles over the past reporting period (5.8% of market cap)
- FCF (LTM) +85.2 bln RUB (positive), 37.7% of market cap
- EV/EBITDA multiple is 2.3x compared to historical level (50th percentile) of 2.8x
- EV/EBITDA expected multiple is 3.1x

Growth potential changed insignificantly and equals -15.4%

------------------------------------------------

2024-11-15

#SOFL #reports

Softline reported for 2024 q3:
- Revenue +3.8% YoY (vs +28.1% in previous quarter and historical rate +13.2%)
- EBITDA -58.4% YoY (vs +341.5% in previous quarter and historical rate +40.5%)
- EBITDA margin 3.8% decreased compared to 9.6% same period last year
- Net Debt decreased by 5.7 bln rubles over the past reporting period (16.1% of market cap)
- FCF (LTM) -12.8 bln RUB (negative), 36.2% of market cap
- EV/EBITDA multiple is 14.7x compared to historical level (50th percentile) of 14.8x

------------------------------------------------

2024-11-14

#SOFL #reports

Softline reported for 2024 q4:
- Revenue +3.8% YoY (vs +28.1% in previous quarter and historical rate +13.2%)
- EBITDA -58.4% YoY (vs +341.5% in previous quarter and historical rate +40.5%)
- EBITDA margin 3.8% decreased compared to 9.6% same period last year
- Net Debt decreased by 5.7 bln rubles over the past reporting period (16.0% of market cap)
- FCF (LTM) -12.8 bln RUB (negative), 35.9% of market cap
- EV/EBITDA multiple is 14.8x compared to historical level (50th percentile) of 10.8x

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2024-11-12

#RTKM #reports

Rostelecom reported for 2024 q3:
- Revenue +11% YoY (vs +10.5% in previous quarter and historical rate +9.9%)
- EBITDA +1.3% YoY (vs +8.6% in previous quarter and historical rate +12.2%)
- EBITDA margin 38.1% decreased compared to 41.7% same period last year
- Net Debt increased by 47 bln rubles over the past reporting period (25.5% of market cap)
- FCF (LTM) -123.1 bln RUB (negative), 66.9% of market cap
- EV/EBITDA multiple is 3x compared to historical level (50th percentile) of 3.9x

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2024-11-11

#AGRO #reports

Rusagro reported for 2024 q3:
- Revenue +6.3% YoY (vs +19.6% in previous quarter and historical rate +17.0%)
- EBITDA -29.4% YoY (vs -23.2% in previous quarter and historical rate +20.5%)
- EBITDA margin 13.9% decreased compared to 21.0% same period last year
- Net Debt decreased by 11.6 bln rubles over the past reporting period (7.1% of market cap)
- FCF (LTM) +15.2 bln RUB (positive), 9.2% of market cap
- EV/EBITDA multiple is 4.3x compared to historical level (50th percentile) of 4.5x
- EV/EBITDA expected multiple is 3.8x

Growth potential decreased by 28.3% to +12.9%

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2024-11-07

#PHOR #reports

Phosagro reported for 2024 q3:
- Revenue +11.5% YoY (vs +26.6% in previous quarter and historical rate +21.1%)
- EBITDA +0.9% YoY (vs +15.2% in previous quarter and historical rate +27.3%)
- EBITDA margin 37.8% decreased compared to 41.7% same period last year
- Net Debt increased by 90.7 bln rubles over the past reporting period (13.4% of market cap)
- FCF (LTM) -12.7 bln RUB (negative), 1.9% of market cap
- EV/EBITDA multiple is 5.5x compared to historical level (50th percentile) of 5.8x
- EV/EBITDA expected multiple is 4.7x

Growth potential decreased by 23.8% to +17.8%

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2024-11-06

#OZON #reports

OZON reported for 2024 q3:
- Revenue +41.1% YoY (vs +30.1% in previous quarter and historical rate +53.2%)
- EBITDA margin 11.0% increased compared to -5.5% same period last year
- Net Debt decreased by 14.5 bln rubles over the past reporting period (2.8% of market cap)
- FCF (LTM) +6.8 bln RUB (positive), 1.3% of market cap

------------------------------------------------

2024-10-31

#SBER #reports

Sberbank reported for 2024 q3:
- Revenue +13.2% YoY (vs +9.9% in previous quarter and historical rate +13.7%)
- Net Income -0.1% YoY (vs +9.8% in previous quarter and historical rate +45.3%)
- Net Income 37.3% decreased compared to 42.2% same period last year
- P/E multiple is 3.4x compared to historical level (50th percentile) of 4.7x

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2024-10-31

#ELFV #reports

EL5-Energo reported for 2024 q3:
- Revenue +2.2% YoY (vs +5.1% in previous quarter and historical rate +11.7%)
- EBITDA -188.3% YoY (vs +26.4% in previous quarter and historical rate -4.7%)
- EBITDA margin -13.4% decreased compared to 15.5% same period last year
- Net Debt increased by 0.4 bln rubles over the past reporting period (2.3% of market cap)
- FCF (LTM) +0.7 bln RUB (positive), 3.4% of market cap
- EV/EBITDA multiple is 5.3x compared to historical level (50th percentile) of 5.7x

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2024-10-29

#LENT #reports

Lenta reported for 2024 q3:
- Revenue +55.1% YoY (vs +59.7% in previous quarter and historical rate +24.5%)
- EBITDA +141.1% YoY (vs +178.2% in previous quarter and historical rate +37.1%)
- EBITDA margin 8.1% increased compared to 5.2% same period last year
- Net Debt decreased by 0.2 bln rubles over the past reporting period (0.2% of market cap)
- FCF (LTM) -42.9 bln RUB (negative), 43.7% of market cap
- EV/EBITDA multiple is 3.2x compared to historical level (50th percentile) of 4.4x

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2024-10-24

#FIVE #reports

X5 Retail Group reported for 2024 q3:
- Revenue +22.9% YoY (vs +25.1% in previous quarter and historical rate +20.4%)
- EBITDA +16% YoY (vs +18.3% in previous quarter and historical rate +19.2%)
- EBITDA margin 7.3% decreased compared to 7.7% same period last year
- Net Debt increased by 27.3 bln rubles over the past reporting period (3.6% of market cap)
- FCF (LTM) -32.6 bln RUB (negative), 4.3% of market cap
- EV/EBITDA multiple is 3.8x compared to historical level (50th percentile) of 3.8x

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2024-10-24

#MAGN #reports

MMK reported for 2024 q3:
- Revenue -9.9% YoY (vs +13.0% in previous quarter and historical rate +6.0%)
- EBITDA -31.2% YoY (vs -7.8% in previous quarter and historical rate -3.9%)
- EBITDA margin 19.9% decreased compared to 26.0% same period last year
- Net Debt decreased by 11.7 bln rubles over the past reporting period (2.7% of market cap)
- FCF (LTM) +7.3 bln RUB (positive), 1.7% of market cap
- EV/EBITDA multiple is 1.9x compared to historical level (50th percentile) of 2.7x
- EV/EBITDA expected multiple is 1.9x

Growth potential decreased by 19.2% to +33.5%

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2024-10-21

#CHMF #reports

Severstal reported for 2024 q3:
- Revenue +13.6% YoY (vs +21.2% in previous quarter and historical rate +7.9%)
- EBITDA -10.8% YoY (vs -7.0% in previous quarter and historical rate -3.7%)
- EBITDA margin 29.0% decreased compared to 36.9% same period last year
- Net Debt decreased by 18.6 bln rubles over the past reporting period (1.8% of market cap)
- FCF (LTM) +95.4 bln RUB (positive), 9.3% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 4.6x
- EV/EBITDA expected multiple is 3.3x

Growth potential changed insignificantly and equals +36.7%

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2024-10-11

#OZPH #reports

Ozon Pharm reported for 2024 q2:
- Revenue +62.7% YoY (vs +62.7% in previous quarter and historical rate +17.1%)
- EBITDA +167.6% YoY (vs +167.6% in previous quarter and historical rate +40.3%)
- EBITDA margin 40.1% increased compared to 24.3% same period last year
- Net Debt decreased by 0.4 bln rubles over the past reporting period (1.1% of market cap)
- FCF (LTM) +1.6 bln RUB (positive), 4.6% of market cap
- EV/EBITDA multiple is 4.2x compared to historical level (50th percentile) of 4.9x

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2024-10-08

#YDEX #reports

Yandex reported for 2024 q3:
- Revenue +26.9% YoY (vs +54.7% in previous quarter and historical rate +46.4%)
- EBITDA +80.8% YoY (vs +80.8% in previous quarter and historical rate +82.8%)
- EBITDA margin 13.8% increased compared to 9.7% same period last year
- Net Debt increased by 45.5 bln rubles over the past reporting period (3.6% of market cap)
- FCF (LTM) -45.6 bln RUB (negative), 3.6% of market cap
- EV/EBITDA multiple is 9.6x compared to historical level (50th percentile) of 12.1x

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2024-10-08

#TCSG #reports

Tinkoff reported for 2024 q3:
- Revenue +33.5% YoY (vs +46.1% in previous quarter and historical rate +31.7%)
- Net Income +43.5% YoY (vs +25.7% in previous quarter and historical rate +46.0%)
- Net Income 21.2% increased compared to 19.7% same period last year
- P/E multiple is 6.4x compared to historical level (50th percentile) of 12.4x

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2024-10-08

#HEAD #reports

Head Hunter reported for 2024 q3:
- Revenue +26.9% YoY (vs +28.8% in previous quarter and historical rate +39.1%)
- EBITDA +17.9% YoY (vs +17.9% in previous quarter and historical rate +49.5%)
- EBITDA margin 56.4% decreased compared to 60.7% same period last year
- Net Debt increased by 32.7 bln rubles over the past reporting period (16.1% of market cap)
- FCF (LTM) +8.7 bln RUB (positive), 4.3% of market cap
- EV/EBITDA multiple is 9.6x compared to historical level (50th percentile) of 9.5x

General information

Current market environment: positive. Prices of production are 10.5% higher compared to the last 12 months (LTM)
Prices of production are at 94.4% percentile over the past 5 years, adjusted for inflation (are close to maximum)
Dividend yield for the last twelve months 5.9%
Free cash flow yield -9.8% (LTM), projected -12.3%
Share of USD-denominated sales in revenue of the company (estimate) 29.5%
Share price is 85.3% higher than minimum and 26.7% lower than maximum for the last 3 years
The company is overvalued by EV / LTM EBITDA multiple compared to target level (6.8x vs
)
The company is overvalued by EV / projected EBITDA multiple compared to target level (
vs
)
Taking into account the impact of the key rate 21% on the change in financial parameters: EBITDA adjustment is -9 371 mln rub as NetDebt * (current key rate - normalized 7%) / 2, expected EBITDA adjusted for key rate increases is 31 637 mln rub, expected mult is 9.7x, target mult is 6.8x, potential is -53.7%

Key Financials (Download financials)

Ticker: GCHE

Share price, RUB: (+0.9%)4115

year average price 4466

year start price 4720 2024-03-13

max close price 5611 2024-04-03

min close price 3749 2024-11-27

current price 4115 2025-03-12

Common stocks: 42 222 042

Dividend Yield: 5.9%

FCF Yield LTM / expected: -9.8% / -12.3%

EV / LTM EBITDA: 6.8x

EV / EBITDA annualized: 9.2x

Production prices change from LTM: 10.5%

EV / projected EBITDA:

Target EV / EBITDA (hist percentile):

Express share price potential:

EV / LTM EBITDA mutiple calculation

Market Cap (m RUB): 173 744

Net Debt (m RUB): 140 900

EV (Enterprise Value): 314 644

EBITDA LTM (m RUB): 46 398

Net Income LTM (m RUB): 26 046

EV / LTM EBITDA: 6.8x

Average daily trading volume for the week, RUB mln: 15

P / E 6.1x

P / B 1.4x

Revenue and EBITDA

Quarterly values (m RUB)

Change (y/y)

Cash Flow

FCF (m RUB), before FX effects elimination

Net Debt / Cash and Equivalents (m RUB)

Share price and dividends (Download history)

Share price

Payment RUB per share

Multiple and potential

EV / LTM EBITDA and 50% percentile

Potential dynamics

Daily trade volumes

Millions of RUB

P/B and P/E multipliers

P / B

P / E

More information for subscribed users:
detailed calculation of
Potential and Created Value,
commodities affecting the company