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General information

Leading steel producer integrated into coal and iron ore, with good corporate governance
  • Current market environment: negative. Prices of production are 5.7% lower compared to the last 12 months (LTM)
  • Prices of production are at 18.7% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 29.2%
  • Free cash flow yield -4.4% (LTM), projected -4.2%
  • Share of USD-denominated sales in revenue of the company (estimate) ≈ 0.0%
  • Share price is 85.0% higher than minimum and 47.1% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (4.3x vs
    )
  • The company is overvalued by EV / projected EBITDA multiple compared to target level (
    vs
    )
  • Taking into account the impact of the key rate 20.0% on the change in financial parameters: EBITDA adjustment is -490 mln rub as NetDebt * (current key rate - normalized 7%) / 2, expected EBITDA adjusted for key rate increases is 208 848 mln rub, expected mult is 4.3x, target mult is 3.7x, potential is -13.2%

Key Financials (Download financials)

Ticker: CHMF
Share price, RUB:  (+3.4%)1061.8
year average price 1211.01  


year start price 1577.20 2024-07-01

max close price 1577.20 2024-07-01

min close price 935.60 2025-05-27

current price 1046.80 2025-06-30
Common stocks: 837 720 000

Dividend Yield:  29.2%
FCF Yield LTM / expected: -4.4% / -4.2%
EV / LTM EBITDA:4.3x
EV / EBITDA annualized: 5.9x
Production prices change from LTM: -5.7%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap (m RUB): 889 491
Net Debt (m RUB): -1 569
EV (Enterprise Value): 887 922
EBITDA LTM (m RUB): 206 689
Net Income LTM (m RUB): 123 210
EV / LTM EBITDA: 4.3x
Net Debt / LTM EBITDA (if EBITDA > 0): 0.0x
Average daily trading volume for the week, RUB mln: 567
P / E 7.2x
P / E ann-d10.6x
P / B 1.7x
EBITDA margin ann-d 22.1%
Net income margin ann-d 12.3%

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