Enhanced Investments - Financial Portal

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

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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

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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

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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

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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%

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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

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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

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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

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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

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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%

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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

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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%

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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

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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

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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

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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

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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

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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%

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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

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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

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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

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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%

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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

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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

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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

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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

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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%

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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

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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

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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

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2024-10-07

#YDEX #reports

Yandex reported for 2024 q4:
- 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 (3.5% 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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2024-10-07

#TCSG #reports

Tinkoff reported for 2024 q4:
- 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 6.5x compared to historical level (50th percentile) of 12.4x

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

2024-10-07

#HEAD #reports

Head Hunter reported for 2024 q4:
- 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 (15.8% of market cap)
- FCF (LTM) +8.7 bln RUB (positive), 4.2% of market cap
- EV/EBITDA multiple is 9.8x compared to historical level (50th percentile) of 9.5x

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

2024-10-02

#KAZT #reports

KuybyshevAzot PAO reported for 2024 H1:
- Revenue +15% YoY (vs -5.9% in previous half-year and historical rate +16.3%)
- EBITDA -27.1% YoY (vs -48.7% in previous half-year and historical rate +32.2%)
- EBITDA margin 19.0% decreased compared to 30.1% same period last year
- Net Debt increased by 6 bln rubles over the past reporting period (316.5% of market cap)
- FCF (LTM) -3.2 bln RUB (negative), 170.5% of market cap
- EV/EBITDA multiple is 5x compared to historical level (50th percentile) of 3.3x
- EV/EBITDA expected multiple is 5.3x

Growth potential decreased by 26.7% to -38.7%

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

2024-10-01

#DATA #reports

ArenaData reported for 2024 H1:
- Revenue +125.9% YoY (vs +58.4% in previous half-year and historical rate +72.7%)
- EBITDA margin 25.8% increased compared to -3.5% same period last year
- Net Debt increased by 1.1 bln rubles over the past reporting period (4.5% of market cap)
- FCF (LTM) -1.4 bln RUB (negative), 5.6% of market cap

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

2024-09-30

#LSNG #reports

Lenenergo reported for 2024 H1:
- Revenue +12.3% YoY (vs +12.6% in previous half-year and historical rate +8.9%)
- EBITDA +22.5% YoY (vs -21.8% in previous half-year and historical rate +19.4%)
- EBITDA margin 52.4% increased compared to 48.0% same period last year
- Net Debt decreased by 6.3 bln rubles over the past reporting period (4.2% of market cap)
- FCF (LTM) +9.1 bln RUB (positive), 6.1% of market cap
- EV/EBITDA multiple is 3x compared to historical level (50th percentile) of 3.4x

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

2024-09-21

#HEAD #reports

Head Hunter reported for 2024 q1:
- Revenue +39.5% YoY (vs +55.4% in previous quarter and historical rate +50.2%)
- EBITDA +24.3% YoY (vs +70.7% in previous quarter and historical rate +68.2%)
- EBITDA margin 50.0% decreased compared to 56.1% same period last year
- Net Debt decreased by 2.7 bln rubles over the past reporting period (1.4% of market cap)
- FCF (LTM) +18.7 bln RUB (positive), 9.6% of market cap
- EV/EBITDA multiple is 8.6x compared to historical level (50th percentile) of 9.7x

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

2024-09-20

#VSEH #reports

VseInstrumenti reported for 2024 q1:
- Revenue +35.3% YoY (vs +35.3% in previous quarter and historical rate +49.8%)
- EBITDA +32.8% YoY (vs +32.8% in previous quarter and historical rate +91.5%)
- EBITDA margin 6.4% decreased compared to 6.5% same period last year
- Net Debt increased by 1.1 bln rubles over the past reporting period (1.6% of market cap)
- FCF (LTM) -2.7 bln RUB (negative), 4.0% of market cap
- EV/EBITDA multiple is 8x compared to historical level (50th percentile) of 10.7x

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

2024-09-20

#HEAD #reports

Head Hunter reported for 2024 q2:
- Revenue +39.5% YoY (vs +55.4% in previous quarter and historical rate +50.2%)
- EBITDA +24.3% YoY (vs +70.7% in previous quarter and historical rate +68.2%)
- EBITDA margin 50.0% decreased compared to 56.1% same period last year
- Net Debt decreased by 2.7 bln rubles over the past reporting period (1.4% of market cap)
- FCF (LTM) +18.7 bln RUB (positive), 9.6% of market cap
- EV/EBITDA multiple is 8.6x compared to historical level (50th percentile) of 9.8x

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

2024-09-20

#VSEH #reports

VseInstrumenti reported for 2024 q2:
- Revenue +35.3% YoY (vs +35.3% in previous quarter and historical rate +49.8%)
- EBITDA +32.8% YoY (vs +32.8% in previous quarter and historical rate +91.5%)
- EBITDA margin 6.4% decreased compared to 6.5% same period last year
- Net Debt increased by 1.1 bln rubles over the past reporting period (1.6% of market cap)
- FCF (LTM) -2.7 bln RUB (negative), 4.0% of market cap
- EV/EBITDA multiple is 8x compared to historical level (50th percentile) of 10.7x

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

2024-09-20

#ARDT #reports

ArenaData reported for 2024 H1:
- Revenue +125.9% YoY (vs +58.4% in previous half-year and historical rate +72.7%)
- EBITDA margin 25.8% increased compared to -3.5% same period last year
- Net Debt increased by 1.1 bln rubles over the past reporting period (3.3% of market cap)
- FCF (LTM) -1.4 bln RUB (negative), 4.2% of market cap

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

2024-09-19

#GEMC #reports

United Medical Group reported for 2024 H1:
- Revenue +7.1% YoY (vs +45.4% in previous half-year and historical rate +3.6%)
- EBITDA +10.1% YoY (vs +119.3% in previous half-year and historical rate +11.8%)
- EBITDA margin 41.8% increased compared to 40.7% same period last year
- Net Debt decreased by 8.5 bln rubles over the past reporting period (14.7% of market cap)
- FCF (LTM) +8.8 bln RUB (positive), 15.3% of market cap
- EV/EBITDA multiple is 5.3x compared to historical level (50th percentile) of 8.7x

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

2024-09-18

#MDMG #reports

MD Medical reported for 2024 H1:
- Revenue +22.6% YoY (vs +13.1% in previous half-year and historical rate +10.0%)
- EBITDA +23.5% YoY (vs +17.3% in previous half-year and historical rate +11.3%)
- EBITDA margin 32.1% increased compared to 31.9% same period last year
- Net Debt decreased by 4.3 bln rubles over the past reporting period (6.8% of market cap)
- FCF (LTM) +7.3 bln RUB (positive), 11.6% of market cap
- EV/EBITDA multiple is 5x compared to historical level (50th percentile) of 5.4x

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

2024-09-06

#NMTP #reports

NMTP reported for 2024 q1:
- Revenue +11.7% YoY (vs +11.7% in previous quarter and historical rate +15.3%)
- EBITDA +1.4% YoY (vs +1.4% in previous quarter and historical rate +16.8%)
- EBITDA margin 72.7% decreased compared to 80.1% same period last year
- Net Debt decreased by 4.3 bln rubles over the past reporting period (2.7% of market cap)
- FCF (LTM) +7.7 bln RUB (positive), 4.8% of market cap
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 4.9x

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

2024-09-06

#NMTP #reports

NMTP reported for 2024 q2:
- Revenue +11.7% YoY (vs +11.7% in previous quarter and historical rate +15.3%)
- EBITDA +1.4% YoY (vs +1.4% in previous quarter and historical rate +16.8%)
- EBITDA margin 72.7% decreased compared to 80.1% same period last year
- Net Debt decreased by 4.3 bln rubles over the past reporting period (2.7% of market cap)
- FCF (LTM) +7.7 bln RUB (positive), 4.8% of market cap
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 4.9x

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

2024-09-05

#ZAYM #reports

Zaymer reported for 2024 q2:
- Revenue -3.7% YoY (vs -7.3% in previous quarter and historical rate +25.0%)
- Net Income -529% YoY (vs -73.2% in previous quarter and historical rate +17.4%)
- Net Income -168.2% decreased compared to 37.8% same period last year
- P/E multiple is -3.5x compared to historical level (50th percentile) of 3.6x

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

2024-09-04

#AFLT #reports

Aeroflot reported for 2024 q2:
- Revenue +45.8% YoY (vs +54.3% in previous quarter and historical rate +34.6%)
- EBITDA +80.3% YoY (vs +95.6% in previous quarter and historical rate +98.1%)
- EBITDA margin 32.7% increased compared to 26.4% same period last year
- Net Debt decreased by 61.9 bln rubles over the past reporting period (122.2% of market cap)
- FCF (LTM) -21 bln RUB (negative), 41.5% of market cap
- EV/EBITDA multiple is 2.4x compared to historical level (50th percentile) of 6.3x

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

2024-09-03

#MGKL #reports

Mosgorlombard reported for 2024 q1:
- Revenue +497.3% YoY (vs +497.3% in previous quarter and historical rate +123.4%)
- Net Income +1313% YoY (vs +1313.0% in previous quarter and historical rate +129.2%)
- Net Income 21.3% increased compared to 9.0% same period last year
- P/E multiple is 2.5x compared to historical level (50th percentile) of 4x

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

2024-09-03

#MGKL #reports

Mosgorlombard reported for 2024 q2:
- Revenue +497.3% YoY (vs +497.3% in previous quarter and historical rate +123.4%)
- Net Income +1313% YoY (vs +1313.0% in previous quarter and historical rate +129.2%)
- Net Income 21.3% increased compared to 9.0% same period last year
- P/E multiple is 2.5x compared to historical level (50th percentile) of 4x

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

2024-08-31

#MGNT #reports

Magnit reported for 2024 q1:
- Revenue +15.4% YoY (vs +22.3% in previous quarter and historical rate +20.3%)
- EBITDA -17.1% YoY (vs +9.6% in previous quarter and historical rate +13.7%)
- EBITDA margin 5.3% decreased compared to 7.4% same period last year
- Net Debt increased by 27.7 bln rubles over the past reporting period (5.7% of market cap)
- FCF (LTM) -9.8 bln RUB (negative), 2.0% of market cap
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 4.2x

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

2024-08-31

#SELG #reports

Seligdar reported for 2024 q1:
- Revenue -0.7% YoY (vs -0.7% in previous quarter and historical rate +23.3%)
- EBITDA +8.1% YoY (vs +8.1% in previous quarter and historical rate +10.0%)
- EBITDA margin 24.5% increased compared to 22.5% same period last year
- Net Debt increased by 7.6 bln rubles over the past reporting period (20.8% of market cap)
- FCF (LTM) -7.4 bln RUB (negative), 20.3% of market cap
- EV/EBITDA multiple is 6.9x compared to historical level (50th percentile) of 7.6x
- EV/EBITDA expected multiple is 7.8x

Growth potential decreased by 29.8% to -58.6%

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

2024-08-31

#MGNT #reports

Magnit reported for 2024 q2:
- Revenue +15.4% YoY (vs +22.3% in previous quarter and historical rate +20.3%)
- EBITDA -17.1% YoY (vs +9.6% in previous quarter and historical rate +13.7%)
- EBITDA margin 5.3% decreased compared to 7.4% same period last year
- Net Debt increased by 27.7 bln rubles over the past reporting period (5.7% of market cap)
- FCF (LTM) -9.8 bln RUB (negative), 2.0% of market cap
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 4.2x

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

2024-08-31

#FEES #reports

FGC UES reported for 2024 q1:
- Revenue -0.3% YoY (vs -0.2% in previous quarter and historical rate +72.6%)
- EBITDA -10.4% YoY (vs -5.2% in previous quarter and historical rate +67.6%)
- EBITDA margin 25.0% decreased compared to 27.9% same period last year
- Net Debt decreased by 174.3 bln rubles over the past reporting period (153.3% of market cap)
- FCF (LTM) +426.2 bln RUB (positive), 374.7% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 2.9x

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

2024-08-30

#UWGN #reports

Uniwagon reported for 2024 H1:
- Revenue +97% YoY (vs +232.4% in previous half-year and historical rate +45.0%)
- EBITDA +1606.1% YoY (vs +1357200.0% in previous half-year and historical rate +18.0%)
- EBITDA margin 36.3% increased compared to 4.2% same period last year
- Net Debt decreased by 26.8 bln rubles over the past reporting period (524.1% of market cap)
- FCF (LTM) +89.9 bln RUB (positive), 1756.2% of market cap
- EV/EBITDA multiple is 2.2x compared to historical level (50th percentile) of 21.9x

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

2024-08-30

#SVAV #reports

Sollers reported for 2024 H1:
- Revenue +35% YoY (vs +23.7% in previous half-year and historical rate +9.6%)
- EBITDA +3.6% YoY (vs -22.8% in previous half-year and historical rate +32.1%)
- EBITDA margin 9.5% decreased compared to 12.3% same period last year
- Net Debt decreased by 8.8 bln rubles over the past reporting period (37.3% of market cap)
- FCF (LTM) +16.1 bln RUB (positive), 67.8% of market cap
- EV/EBITDA multiple is 2.1x compared to historical level (50th percentile) of 3.7x

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

2024-08-30

#SELG #reports

Seligdar reported for 2024 q2:
- Revenue -0.7% YoY (vs -0.7% in previous quarter and historical rate +23.3%)
- EBITDA +8.1% YoY (vs +8.1% in previous quarter and historical rate +10.0%)
- EBITDA margin 24.5% increased compared to 22.5% same period last year
- Net Debt increased by 7.6 bln rubles over the past reporting period (20.9% of market cap)
- FCF (LTM) -7.4 bln RUB (negative), 20.3% of market cap
- EV/EBITDA multiple is 7x compared to historical level (50th percentile) of 7.6x
- EV/EBITDA expected multiple is 7.8x

Growth potential decreased by 191.4% to -65.8%

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

2024-08-30

#ROSN #reports

Rosneft reported for 2024 q2:
- Revenue +26.6% YoY (vs +42.8% in previous quarter and historical rate +22.1%)
- EBITDA +9.6% YoY (vs +30.3% in previous quarter and historical rate +41.4%)
- EBITDA margin 28.6% decreased compared to 33.0% same period last year
- Net Debt decreased by 56.3 bln rubles over the past reporting period (1.1% of market cap)
- FCF (LTM) +9.6 bln RUB (positive), 0.2% of market cap
- EV/EBITDA multiple is 2.7x compared to historical level (50th percentile) of 4.1x
- EV/EBITDA expected multiple is 3.4x

Growth potential decreased by 44.3% to +17.0%

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

2024-08-30

#ROLO #reports

Rusolovo reported for 2024 H1:
- Revenue +34.1% YoY (vs +71.5% in previous half-year and historical rate +33.2%)
- EBITDA -547.2% YoY (vs +24200.0% in previous half-year and historical rate -3.6%)
- EBITDA margin -22.9% decreased compared to 6.9% same period last year
- Net Debt increased by 1.4 bln rubles over the past reporting period (6.7% of market cap)
- FCF (LTM) -4.4 bln RUB (negative), 21.3% of market cap
- EV/EBITDA multiple is -55.8x compared to historical level (50th percentile) of 94.3x
- EV/EBITDA expected multiple is -49.8x

Growth potential decreased by 131.3% to -210.9%

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

2024-08-30

#PIKK #reports

PIK Group reported for 2024 H1:
- Revenue -0.1% YoY (vs +16.0% in previous half-year and historical rate +12.7%)
- EBITDA +1.5% YoY (vs +20.2% in previous half-year and historical rate +8.5%)
- EBITDA margin 20.9% increased compared to 20.6% same period last year
- Net Debt increased by 24089 bln rubles over the past reporting period (5334.4% of market cap)
- FCF (LTM) +0.3 bln RUB (positive), 0.1% of market cap
- EV/EBITDA multiple is 8.8x compared to historical level (50th percentile) of 8.8x
- EV/EBITDA expected multiple is 8.5x

Growth potential decreased by 8939.1% to -53.8%

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

2024-08-30

#GLTR #reports

Globaltrans reported for 2024 H1:
- Revenue +5.9% YoY (vs +14.6% in previous half-year and historical rate +19.3%)
- EBITDA -12.3% YoY (vs +11.7% in previous half-year and historical rate +39.6%)
- EBITDA margin 49.7% decreased compared to 60.0% same period last year
- EV/EBITDA multiple is 1.5x compared to historical level (50th percentile) of 2x
- EV/EBITDA expected multiple is 1x

Growth potential decreased by 34.6% to +70.9%

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

2024-08-30

#GAZP #reports

Gazprom reported for 2024 q1:
- Revenue +23.7% YoY (vs +23.7% in previous quarter and historical rate +13.2%)
- EBITDA +19% YoY (vs +19.0% in previous quarter and historical rate +12.9%)
- EBITDA margin 28.7% decreased compared to 29.8% same period last year
- Net Debt increased by 229.6 bln rubles over the past reporting period (7.8% of market cap)
- FCF (LTM) -499 bln RUB (negative), 17.1% of market cap
- EV/EBITDA multiple is 4.9x compared to historical level (50th percentile) of 6.3x
- EV/EBITDA expected multiple is 4.2x

Growth potential increased by 141.5% to +109.0%

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

2024-08-30

#FESH #reports

FESCO reported for 2024 H1:
- Revenue -14.6% YoY (vs +2.5% in previous half-year and historical rate +30.4%)
- EBITDA -55.2% YoY (vs -31.6% in previous half-year and historical rate +31.0%)
- EBITDA margin 20.6% decreased compared to 39.3% same period last year
- Net Debt increased by 10.1 bln rubles over the past reporting period (7.5% of market cap)
- FCF (LTM) -23.4 bln RUB (negative), 17.3% of market cap
- EV/EBITDA multiple is 6.1x compared to historical level (50th percentile) of 4x
- EV/EBITDA expected multiple is 4.3x

Growth potential decreased by 90.1% to -21.0%

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

2024-08-30

#FEES #reports

FGC UES reported for 2024 q2:
- Revenue -0.3% YoY (vs -0.2% in previous quarter and historical rate +72.6%)
- EBITDA -10.4% YoY (vs -5.2% in previous quarter and historical rate +67.6%)
- EBITDA margin 25.0% decreased compared to 27.9% same period last year
- Net Debt decreased by 174.3 bln rubles over the past reporting period (153.4% of market cap)
- FCF (LTM) +426.2 bln RUB (positive), 375.1% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 2.9x

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

2024-08-30

#BANE #reports

Bashneft reported for 2024 q2:
- Revenue +36.6% YoY (vs +35.4% in previous quarter and historical rate +41.9%)
- EBITDA -3.4% YoY (vs -1.9% in previous quarter and historical rate +54.3%)
- EBITDA margin 17.7% decreased compared to 25.0% same period last year
- EV/EBITDA multiple is 2x compared to historical level (50th percentile) of 2.9x
- EV/EBITDA expected multiple is 3.1x

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

2024-08-30

#AFKS #reports

Sistema reported for 2024 q2:
- Revenue +24.3% YoY (vs +24.7% in previous quarter and historical rate +16.8%)
- EBITDA +26.8% YoY (vs +7.2% in previous quarter and historical rate +7.8%)
- EBITDA margin 30.4% increased compared to 29.8% same period last year
- Net Debt increased by 37.1 bln rubles over the past reporting period (23.8% of market cap)
- FCF (LTM) -179.5 bln RUB (negative), 115.3% of market cap
- EV/EBITDA multiple is 5.8x compared to historical level (50th percentile) of 4.8x

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

2024-08-30

#UGLD #reports

Yuzhuralzoloto Group reported for 2024 H1:
- Revenue +17.2% YoY (vs +62.7% in previous half-year and historical rate +13.1%)
- EBITDA +4.8% YoY (vs +82.2% in previous half-year and historical rate +10.4%)
- EBITDA margin 33.3% decreased compared to 37.3% same period last year
- Net Debt decreased by 4.4 bln rubles over the past reporting period (3.3% of market cap)
- FCF (LTM) -2.4 bln RUB (negative), 1.8% of market cap
- EV/EBITDA multiple is 8.4x compared to historical level (50th percentile) of 11.5x
- EV/EBITDA expected multiple is 8.1x

Growth potential decreased by 83.4% to -6.1%

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

2024-08-30

#NLMK #reports

NLMK reported for 2024 q1:
- Revenue -7.5% YoY (vs +11.3% in previous quarter and historical rate +10.3%)
- EBITDA -8.6% YoY (vs +40.0% in previous quarter and historical rate +10.7%)
- EBITDA margin 32.5% decreased compared to 32.9% same period last year
- Net Debt increased by 55.4 bln rubles over the past reporting period (6.6% of market cap)
- FCF (LTM) +224.7 bln RUB (positive), 26.8% of market cap
- EV/EBITDA multiple is 2.6x compared to historical level (50th percentile) of 4.7x
- EV/EBITDA expected multiple is 2.4x

Growth potential increased by 3.5% to +89.2%

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

2024-08-30

#LKOH #reports

Lukoil reported for 2024 q1:
- Revenue +18% YoY (vs +22.6% in previous quarter and historical rate +12.8%)
- EBITDA +13.8% YoY (vs +12.4% in previous quarter and historical rate +30.6%)
- EBITDA margin 22.3% decreased compared to 23.1% same period last year
- Net Debt decreased by 13.2 bln rubles over the past reporting period (0.3% of market cap)
- FCF (LTM) +831.8 bln RUB (positive), 18.5% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 3.6x
- EV/EBITDA expected multiple is 1.8x

Growth potential increased by 3.5% to +80.3%

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

2024-08-30

#GAZP #reports

Gazprom reported for 2024 q2:
- Revenue +23.7% YoY (vs +23.7% in previous quarter and historical rate +13.2%)
- EBITDA +19% YoY (vs +19.0% in previous quarter and historical rate +12.9%)
- EBITDA margin 28.7% decreased compared to 29.8% same period last year
- Net Debt increased by 229.6 bln rubles over the past reporting period (7.5% of market cap)
- FCF (LTM) -499 bln RUB (negative), 16.3% of market cap
- EV/EBITDA multiple is 4.9x compared to historical level (50th percentile) of 6.3x
- EV/EBITDA expected multiple is 4.2x

Growth potential increased by 135.5% to +100.7%

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

2024-08-29

#TTLK #reports

Tattelecom reported for 2024 H1:
- Revenue +7% YoY (vs +9.8% in previous half-year and historical rate +4.3%)
- EBITDA -6.5% YoY (vs -18.1% in previous half-year and historical rate -9.3%)
- EBITDA margin 31.7% decreased compared to 36.3% same period last year
- EV/EBITDA multiple is 3.9x compared to historical level (50th percentile) of 2.7x

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

2024-08-29

#TRNFP #reports

Transneft (pref) reported for 2024 q2:
- Revenue +7.9% YoY (vs +16.8% in previous quarter and historical rate +12.3%)
- EBITDA -6.1% YoY (vs +11.5% in previous quarter and historical rate +9.6%)
- EBITDA margin 39.9% decreased compared to 45.9% same period last year
- Net Debt decreased by 443.1 bln rubles over the past reporting period (47.7% of market cap)
- FCF (LTM) +644.3 bln RUB (positive), 69.4% of market cap
- EV/EBITDA multiple is 1.4x compared to historical level (50th percentile) of 2.9x

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

2024-08-29

#SMLT #reports

Samolet reported for 2024 H1:
- Revenue +68.5% YoY (vs +46.0% in previous half-year and historical rate +67.2%)
- EBITDA +61.7% YoY (vs +80.5% in previous half-year and historical rate +93.1%)
- EBITDA margin 25.2% decreased compared to 26.3% same period last year
- Net Debt increased by 124.7 bln rubles over the past reporting period (103.5% of market cap)
- FCF (LTM) -334.5 bln RUB (negative), 277.5% of market cap
- EV/EBITDA multiple is 8.5x compared to historical level (50th percentile) of 13.2x
- EV/EBITDA expected multiple is 8.6x

Growth potential decreased by 191.2% to -243.7%

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

2024-08-29

#NLMK #reports

NLMK reported for 2024 q2:
- Revenue -7.5% YoY (vs +11.3% in previous quarter and historical rate +10.3%)
- EBITDA -8.6% YoY (vs +40.0% in previous quarter and historical rate +10.7%)
- EBITDA margin 32.5% decreased compared to 32.9% same period last year
- Net Debt increased by 55.4 bln rubles over the past reporting period (6.6% of market cap)
- FCF (LTM) +224.7 bln RUB (positive), 26.8% of market cap
- EV/EBITDA multiple is 2.6x compared to historical level (50th percentile) of 4.7x
- EV/EBITDA expected multiple is 2.3x

Growth potential increased by 10.4% to +90.8%

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2024-08-29

#NKNC #reports

Nizhnekamsknef-m reported for 2024 H1:
- Revenue +15.9% YoY (vs +21.6% in previous half-year and historical rate +9.2%)
- EBITDA +6.1% YoY (vs +27.5% in previous half-year and historical rate +17.0%)
- EBITDA margin 24.5% decreased compared to 26.8% same period last year
- Net Debt increased by 2.5 bln rubles over the past reporting period (1.8% of market cap)
- FCF (LTM) +22.8 bln RUB (positive), 16.0% of market cap
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 4.5x
- EV/EBITDA expected multiple is 3x

Growth potential decreased by 9.5% to +69.7%

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2024-08-29

#LKOH #reports

Lukoil reported for 2024 q2:
- Revenue +18% YoY (vs +22.6% in previous quarter and historical rate +12.8%)
- EBITDA +13.8% YoY (vs +12.4% in previous quarter and historical rate +30.6%)
- EBITDA margin 22.3% decreased compared to 23.1% same period last year
- Net Debt decreased by 13.2 bln rubles over the past reporting period (0.3% of market cap)
- FCF (LTM) +831.8 bln RUB (positive), 18.5% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 3.6x
- EV/EBITDA expected multiple is 1.8x

Growth potential decreased by 6.4% to +81.9%

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2024-08-29

#KMAZ #reports

Kamaz reported for 2024 H1:
- Revenue +12.4% YoY (vs +31.4% in previous half-year and historical rate +16.8%)
- EBITDA -2.1% YoY (vs -21.8% in previous half-year and historical rate +24.2%)
- EBITDA margin 10.7% decreased compared to 12.3% same period last year
- EV/EBITDA multiple is 4.9x compared to historical level (50th percentile) of 6.5x

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2024-08-29

#HYDR #reports

Rushydro reported for 2024 q2:
- Revenue +7.2% YoY (vs +9.7% in previous quarter and historical rate +9.7%)
- EBITDA +0.7% YoY (vs +5.2% in previous quarter and historical rate +8.5%)
- EBITDA margin 26.5% decreased compared to 28.2% same period last year
- Net Debt increased by 39.2 bln rubles over the past reporting period (19.1% of market cap)
- FCF (LTM) -125.5 bln RUB (negative), 61.2% of market cap
- EV/EBITDA multiple is 4.8x compared to historical level (50th percentile) of 5.7x

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2024-08-29

#AQUA #reports

RUS AQUA reported for 2024 H1:
- Revenue +41.5% YoY (vs +69.4% in previous half-year and historical rate +44.2%)
- EBITDA +22.7% YoY (vs +40.1% in previous half-year and historical rate +43.6%)
- EBITDA margin 42.2% decreased compared to 48.7% same period last year
- Net Debt decreased by 5.8 bln rubles over the past reporting period (9.8% of market cap)
- FCF (LTM) +8.3 bln RUB (positive), 13.9% of market cap
- EV/EBITDA multiple is 4.7x compared to historical level (50th percentile) of 6.9x
- EV/EBITDA expected multiple is 5.8x

Growth potential increased by 5.2% to +16.6%

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2024-08-29

#RUAL #reports

Rusal reported for 2024 H1:
- Revenue +13.1% YoY (vs +41.0% in previous half-year and historical rate +16.6%)
- EBITDA +180.5% YoY (vs +214.7% in previous half-year and historical rate +56.1%)
- EBITDA margin 12.1% increased compared to 4.9% same period last year
- Net Debt increased by 29.5 bln rubles over the past reporting period (5.9% of market cap)
- FCF (LTM) -35.2 bln RUB (negative), 7.1% of market cap
- EV/EBITDA multiple is 9.3x compared to historical level (50th percentile) of 5.7x
- EV/EBITDA expected multiple is 16x

Growth potential decreased by 31.5% to -177.8%

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2024-08-29

#PRMD #reports

Promomed reported for 2024 q2:
- Revenue +4.5% YoY (vs +5.8% in previous quarter and historical rate +8.8%)
- EBITDA -15.3% YoY (vs +22.6% in previous quarter and historical rate +12.2%)
- EBITDA margin 38.3% decreased compared to 47.3% same period last year
- Net Debt increased by 0.9 bln rubles over the past reporting period (1.2% of market cap)
- FCF (LTM) -5.6 bln RUB (negative), 7.8% of market cap
- EV/EBITDA multiple is 14.4x compared to historical level (50th percentile) of 16.3x

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2024-08-29

#ETLN #reports

Etalon reported for 2024 H1:
- Revenue +75% YoY (vs +17.2% in previous half-year and historical rate +12.4%)
- EBITDA +294% YoY (vs -1.0% in previous half-year and historical rate +28.2%)
- EBITDA margin 33.6% increased compared to 14.9% same period last year
- Net Debt increased by 16.6 bln rubles over the past reporting period (60.9% of market cap)
- FCF (LTM) -50.2 bln RUB (negative), 184.6% of market cap
- EV/EBITDA multiple is 6x compared to historical level (50th percentile) of 7x
- EV/EBITDA expected multiple is 5x

Growth potential increased by 434.2% to +277.4%

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2024-08-29

#ENPG #reports

En+ Group reported for 2024 H1:
- Revenue +13.4% YoY (vs +257.1% in previous half-year and historical rate +31.2%)
- EBITDA +70.9% YoY (vs +8275700.0% in previous half-year and historical rate +8.4%)
- EBITDA margin 20.0% increased compared to 13.2% same period last year
- Net Debt decreased by 181.9 bln rubles over the past reporting period (84.4% of market cap)
- FCF (LTM) +46.5 bln RUB (positive), 21.6% of market cap
- EV/EBITDA multiple is 6.8x compared to historical level (50th percentile) of 9.3x

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2024-08-28

#SFIN #reports

SFI Holding reported for 2024 q2:
- Revenue +62% YoY (vs +53.9% in previous quarter and historical rate +36.7%)
- Net Income +17.7% YoY (vs +34.6% in previous quarter and historical rate +89.3%)
- Net Income 46.8% decreased compared to 64.5% same period last year
- P/E multiple is 2.8x compared to historical level (50th percentile) of 7.4x

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2024-08-28

#MRKY #reports

IDGC South reported for 2024 q2:
- Revenue -4.8% YoY (vs +2.9% in previous quarter and historical rate +16.9%)
- EBITDA -9.8% YoY (vs -22.0% in previous quarter and historical rate +62.5%)
- EBITDA margin 16.4% decreased compared to 17.3% same period last year
- Net Debt decreased by 0.1 bln rubles over the past reporting period (1.7% of market cap)
- FCF (LTM) -1.9 bln RUB (negative), 34.6% of market cap
- EV/EBITDA multiple is 2.7x compared to historical level (50th percentile) of 5x

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2024-08-28

#MRKS #reports

IDGC Siberia reported for 2024 q1:
- Revenue +13.1% YoY (vs +42.8% in previous quarter and historical rate +10.9%)
- EBITDA margin 6.4% increased compared to -8.0% same period last year
- Net Debt increased by 0.4 bln rubles over the past reporting period (0.7% of market cap)
- FCF (LTM) +46 bln RUB (positive), 85.8% of market cap

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2024-08-28

#MRKP #reports

IDGC Center & Volga reported for 2024 q2:
- Revenue +4.8% YoY (vs +7.6% in previous quarter and historical rate +10.3%)
- EBITDA +16.9% YoY (vs +2.0% in previous quarter and historical rate +18.2%)
- EBITDA margin 28.8% increased compared to 25.8% same period last year
- Net Debt decreased by 4.6 bln rubles over the past reporting period (13.4% of market cap)
- FCF (LTM) +11.4 bln RUB (positive), 33.7% of market cap
- EV/EBITDA multiple is 1.2x compared to historical level (50th percentile) of 1.7x

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2024-08-28

#MRKC #reports

IDGC Center reported for 2024 q2:
- Revenue +2.6% YoY (vs +4.5% in previous quarter and historical rate +37.6%)
- EBITDA -0.8% YoY (vs -9.4% in previous quarter and historical rate +47.4%)
- EBITDA margin 23.2% decreased compared to 24.0% same period last year
- Net Debt decreased by 3.2 bln rubles over the past reporting period (19.8% of market cap)
- FCF (LTM) +6 bln RUB (positive), 36.4% of market cap
- EV/EBITDA multiple is 1.4x compared to historical level (50th percentile) of 3.1x

General information

Russian Aquaculture PJSC produces and markets salmonids. The Company operates fish farms and markets chilled and frozen salmon and trout. Russian Aquaculture operates numerous areas for commercial aquaculture of salmon and trout on the lakes in Karelia and in the Barents and White Seas.

Current market environment: negative. Prices of production are 11.6% lower compared to the last 12 months (LTM)
Prices of production are at 43.7% percentile over the past 5 years, adjusted for inflation
Dividend yield for the last twelve months 7.0%
Free cash flow yield 18.9% (LTM), projected 15.6%
Share of USD-denominated sales in revenue of the company (estimate) ≈ 100.0%
Share price is 54.6% higher than minimum and 45.5% lower than maximum for the last 3 years
The company is undervalued by EV / LTM EBITDA multiple compared to target level (4.0x vs
)
The company is undervalued 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 -517 mln rub as NetDebt * (current key rate - normalized 7%) / 2, expected EBITDA adjusted for key rate increases is 11 337 mln rub, expected mult is 5.1x, target mult is 6.5x, potential is +32.1%

Key Financials (Download financials)

Ticker: AQUA

Share price, RUB: (+4%)572

year average price 778.83

year start price 846.50 2023-12-23

max close price 964.50 2024-04-01

min close price 524.50 2024-12-16

current price 572.00 2024-12-21

Common stocks: 87 880 000

Dividend Yield: 7.0%

FCF Yield LTM / expected: 18.9% / 15.6%

EV / LTM EBITDA: 4.0x

EV / EBITDA annualized: 3.8x

Production prices change from LTM: -11.6%

EV / projected EBITDA:

Target EV / EBITDA (hist percentile):

Express share price potential:

EV / LTM EBITDA mutiple calculation

Market Cap (m RUB): 50 267

Net Debt (m RUB): 6 193

EV (Enterprise Value): 56 460

EBITDA LTM (m RUB): 13 961

Net Income LTM (m RUB): -25 526

EV / LTM EBITDA: 4.0x

Average daily trading volume for the week, RUB mln: 41

P / B 1.0x

Revenue and EBITDA

Semi-Annual 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