Enhanced Investments - Financial Portal

2024-07-26

#SIBN #reports

Gazprom Neft reported for 2024 q1:
- Revenue +26.8% YoY (vs +33.7% in previous quarter and historical rate +20.2%)
- EBITDA +14.3% YoY (vs +1.0% in previous quarter and historical rate +35.1%)
- EBITDA margin 28.1% decreased compared to 31.2% same period last year
- Net Debt increased by 106.1 bln rubles over the past reporting period (3.2% of market cap)
- FCF (LTM) +384.4 bln RUB (positive), 11.5% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 4.6x

Growth potential decreased by 2.0% to -1.6%

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2024-07-25

#YDEX #reports

Yandex reported for 2024 q1:
- Revenue +40.2% YoY (vs +51.5% in previous quarter and historical rate +53.8%)
- EBITDA +173.9% YoY (vs +41.7% in previous quarter and historical rate +52.7%)
- EBITDA margin 12.3% increased compared to 6.3% same period last year
- Net Debt increased by 16.5 bln rubles over the past reporting period (1.2% of market cap)
- FCF (LTM) -98.2 bln RUB (negative), 7.4% of market cap
- EV/EBITDA multiple is 15.3x compared to historical level (50th percentile) of 17.6x

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2024-07-25

#SIBN #reports

Gazprom Neft reported for 2024 q2:
- Revenue +26.8% YoY (vs +33.7% in previous quarter and historical rate +20.2%)
- EBITDA +14.3% YoY (vs +1.0% in previous quarter and historical rate +35.1%)
- EBITDA margin 28.1% decreased compared to 31.2% same period last year
- Net Debt increased by 106.1 bln rubles over the past reporting period (3.2% of market cap)
- FCF (LTM) +384.4 bln RUB (positive), 11.5% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 4.6x

Growth potential decreased by 47.6% to -4.8%

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2024-07-25

#MAGN #reports

MMK reported for 2024 q2:
- Revenue +13% YoY (vs +25.5% in previous quarter and historical rate +14.5%)
- EBITDA -7.8% YoY (vs +32.1% in previous quarter and historical rate +15.3%)
- EBITDA margin 22.4% decreased compared to 27.5% same period last year
- Net Debt increased by 16.2 bln rubles over the past reporting period (2.7% of market cap)
- FCF (LTM) +0.6 bln RUB (positive), 0.1% of market cap
- EV/EBITDA multiple is 2.5x compared to historical level (50th percentile) of 3.6x

Growth potential increased by 8.7% to +73.8%

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2024-07-24

#NVTK #reports

Novatek reported for 2024 q1:
- Revenue +15.4% YoY (vs +18.5% in previous quarter and historical rate +34.4%)
- EBITDA +29.4% YoY (vs +36.1% in previous quarter and historical rate +34.5%)
- EBITDA margin 33.6% increased compared to 30.0% same period last year
- Net Debt increased by 81.7 bln rubles over the past reporting period (2.5% of market cap)
- FCF (LTM) +4.7 bln RUB (positive), 0.1% of market cap
- EV/EBITDA multiple is 7.1x compared to historical level (50th percentile) of 9.5x

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2024-07-24

#NVTK #reports

Novatek reported for 2024 q2:
- Revenue 0% YoY (vs +0.2% in previous quarter and historical rate +30.7%)
- EBITDA +24.9% YoY (vs +35.8% in previous quarter and historical rate +31.4%)
- EBITDA margin 37.5% increased compared to 30.0% same period last year
- EV/EBITDA multiple is 7.5x compared to historical level (50th percentile) of 9.5x

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2024-07-23

#POSI #reports

Positive Technologies reported for 2024 q1:
- Revenue -1.6% YoY (vs +41.6% in previous quarter and historical rate +65.1%)
- EBITDA -951.2% YoY (vs -114500.0% in previous quarter and historical rate +34.4%)
- EBITDA margin -80.3% decreased compared to 9.3% same period last year
- Net Debt increased by 12.7 bln rubles over the past reporting period (6.4% of market cap)
- FCF (LTM) +3.8 bln RUB (positive), 1.9% of market cap
- EV/EBITDA multiple is 28.4x compared to historical level (50th percentile) of 20.8x

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2024-07-23

#POSI #reports

Positive Technologies reported for 2024 q2:
- Revenue -1.6% YoY (vs +41.6% in previous quarter and historical rate +65.1%)
- EBITDA -951.2% YoY (vs -114500.0% in previous quarter and historical rate +34.4%)
- EBITDA margin -80.3% decreased compared to 9.3% same period last year
- Net Debt increased by 12.7 bln rubles over the past reporting period (6.5% of market cap)
- FCF (LTM) +3.8 bln RUB (positive), 1.9% of market cap
- EV/EBITDA multiple is 28x compared to historical level (50th percentile) of 20.8x

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2024-07-22

#CHMF #reports

Severstal reported for 2024 q2:
- Revenue +21.2% YoY (vs +19.7% in previous quarter and historical rate +12.6%)
- EBITDA -8% YoY (vs +25.5% in previous quarter and historical rate +10.2%)
- EBITDA margin 27.4% decreased compared to 36.2% same period last year
- Net Debt increased by 180.5 bln rubles over the past reporting period (14.7% of market cap)
- FCF (LTM) -100.8 bln RUB (negative), 8.2% of market cap
- EV/EBITDA multiple is 4.4x compared to historical level (50th percentile) of 4.9x

Growth potential changed insignificantly and equals +21.3%

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2024-07-18

#ROSB #reports

Rosbank reported for 2024 q1:
- Revenue +13% YoY (vs +32.8% in previous quarter and historical rate +19.2%)
- Net Income -17.1% YoY (vs -115.4% in previous quarter and historical rate +37.5%)
- Net Income 31.5% decreased compared to 42.9% same period last year
- P/E multiple is 5.7x compared to historical level (50th percentile) of 7.4x

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2024-07-12

#AFKS #reports

Sistema reported for 2024 q1:
- Revenue +24.7% YoY (vs +17.2% in previous quarter and historical rate +16.1%)
- EBITDA +7.2% YoY (vs -40.2% in previous quarter and historical rate +5.8%)
- EBITDA margin 25.5% decreased compared to 29.7% same period last year
- Net Debt decreased by 82.2 bln rubles over the past reporting period (38.2% of market cap)
- FCF (LTM) -69.6 bln RUB (negative), 32.3% of market cap
- EV/EBITDA multiple is 5.9x compared to historical level (50th percentile) of 5.1x

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2024-07-11

#MTSS #reports

MTS reported for 2024 q1:
- Revenue +17.4% YoY (vs +18.0% in previous quarter and historical rate +8.2%)
- EBITDA +4.6% YoY (vs +1.6% in previous quarter and historical rate +2.2%)
- EBITDA margin 36.6% decreased compared to 41.1% same period last year
- Net Debt increased by 17.8 bln rubles over the past reporting period (3.8% of market cap)
- FCF (LTM) -32.3 bln RUB (negative), 7.0% of market cap
- EV/EBITDA multiple is 4.3x compared to historical level (50th percentile) of 4.6x

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2024-07-10

#AFLT #reports

Aeroflot reported for 2024 q1:
- Revenue +54.3% YoY (vs +25.5% in previous quarter and historical rate +47.4%)
- EBITDA +95.6% YoY (vs +220.8% in previous quarter and historical rate +108.1%)
- EBITDA margin 34.2% increased compared to 27.0% same period last year
- Net Debt decreased by 8.3 bln rubles over the past reporting period (6.3% of market cap)
- FCF (LTM) -55 bln RUB (negative), 41.7% of market cap
- EV/EBITDA multiple is 2.7x compared to historical level (50th percentile) of 6.7x

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2024-07-05

#MRKC #reports

IDGC Center reported for 2024 q1:
- Revenue +4.5% YoY (vs +119.6% in previous quarter and historical rate +38.6%)
- EBITDA -9.4% YoY (vs +138.1% in previous quarter and historical rate +53.4%)
- EBITDA margin 23.1% decreased compared to 26.7% same period last year
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 3.3x

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2024-07-02

#PRMD #reports

Promomed reported for 2024 q1:
- Revenue +5.8% YoY (vs +34.2% in previous quarter and historical rate +9.3%)
- EBITDA +22.6% YoY (vs +43.6% in previous quarter and historical rate +15.2%)
- EBITDA margin 7.9% increased compared to 6.8% same period last year
- Net Debt increased by 1.5 bln rubles over the past reporting period (1.5% of market cap)
- FCF (LTM) -6.4 bln RUB (negative), 6.4% of market cap
- EV/EBITDA multiple is 17.7x compared to historical level (50th percentile) of 0x

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2024-06-28

#GEMC #reports

United Medical Group reported for 2023 H2:
- Revenue +49.1% YoY (vs +0.9% in previous half-year and historical rate +9.2%)
- EBITDA +124.7% YoY (vs +10.9% in previous half-year and historical rate +24.2%)
- EBITDA margin 44.7% increased compared to 29.6% same period last year
- Net Debt decreased by 4 bln rubles over the past reporting period (6.2% of market cap)
- FCF (LTM) +6.4 bln RUB (positive), 9.8% of market cap
- EV/EBITDA multiple is 6.6x compared to historical level (50th percentile) of 9x

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2024-06-27

#DIAS #reports

Diasoft reported for 2023 H2:
- Revenue +29.4% YoY (vs +23.5% in previous half-year and historical rate +17.2%)
- EBITDA +7.9% YoY (vs +51.5% in previous half-year and historical rate +20.9%)
- EBITDA margin 42.3% decreased compared to 50.8% same period last year
- Net Debt decreased by 1.7 bln rubles over the past reporting period (2.9% of market cap)
- FCF (LTM) +3.1 bln RUB (positive), 5.1% of market cap
- EV/EBITDA multiple is 15.9x compared to historical level (50th percentile) of 16.5x

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2024-06-27

#VSEH #reports

VseInstrumenti reported for 2023 q4:
- Revenue +53.5% YoY (vs +53.5% in previous quarter and historical rate +53.5%)
- EBITDA +33.2% YoY (vs +33.2% in previous quarter and historical rate +106.2%)
- EBITDA margin 7.6% decreased compared to 8.7% same period last year
- Net Debt increased by 2.3 bln rubles over the past reporting period (2.2% of market cap)
- FCF (LTM) -9.2 bln RUB (negative), 8.7% of market cap
- EV/EBITDA multiple is 12.4x compared to historical level (50th percentile) of 0x

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2024-06-21

#OZPH #reports

Ozon Pharm reported for 2023 q4:
- Revenue +4% YoY (vs +4.0% in previous quarter and historical rate +5.7%)
- EBITDA +13.3% YoY (vs +13.3% in previous quarter and historical rate +8.4%)
- EBITDA margin 35.9% increased compared to 33.0% same period last year
- Net Debt decreased by 0.4 bln rubles over the past reporting period (0.5% of market cap)
- FCF (LTM) +1.6 bln RUB (positive), 2.1% of market cap
- EV/EBITDA multiple is 11.8x compared to historical level (50th percentile) of 12.5x

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2024-06-06

#PRMD #reports

Promomed reported for 2023 q4:
- Revenue +17.5% YoY (vs +17.5% in previous quarter and historical rate +9.7%)
- EBITDA +10.3% YoY (vs +10.3% in previous quarter and historical rate +14.3%)
- EBITDA margin 41.4% decreased compared to 44.2% same period last year
- Net Debt increased by 1.6 bln rubles over the past reporting period (1.6% of market cap)
- FCF (LTM) -6.5 bln RUB (negative), 6.5% of market cap
- EV/EBITDA multiple is 17.6x compared to historical level (50th percentile) of 0x

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2024-05-31

#ROSN #reports

Rosneft reported for 2024 q1:
- Revenue +42.8% YoY (vs +38.9% in previous quarter and historical rate +31.7%)
- EBITDA +30.3% YoY (vs +13.7% in previous quarter and historical rate +57.2%)
- EBITDA margin 30.9% decreased compared to 33.9% same period last year
- Net Debt increased by 460.9 bln rubles over the past reporting period (7.7% of market cap)
- FCF (LTM) +323.3 bln RUB (positive), 5.4% of market cap
- EV/EBITDA multiple is 3.0x compared to historical level (50th percentile) of 4.6x

Growth potential decreased by 15.6% to +58.3%

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2024-05-31

#MRKZ #reports

IDGC North West reported for 2024 q1:
- Revenue -2.2% YoY (vs -16.3% in previous quarter and historical rate +3.8%)
- EBITDA -4.6% YoY (vs -270.7% in previous quarter and historical rate +20.4%)
- EBITDA margin 19.8% decreased compared to 20.3% same period last year
- Net Debt decreased by 2.4 bln rubles over the past reporting period (29.0% of market cap)
- FCF (LTM) -0.0 bln RUB (negative), 0.1% of market cap
- EV/EBITDA multiple is 3.3x compared to historical level (50th percentile) of 5.6x

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2024-05-31

#IVAT #reports

IVA Technologies reported for 2023 q4:
- Revenue +53.9% YoY (vs +77.5% in previous quarter and historical rate +105.5%)
- EBITDA +43.8% YoY (vs +67.2% in previous quarter and historical rate +123.5%)
- EBITDA margin 44.9% decreased compared to 48.0% same period last year
- Net Debt increased by 0.2 bln rubles over the past reporting period (0.7% of market cap)
- FCF (LTM) -0.4 bln RUB (negative), 1.4% of market cap
- EV/EBITDA multiple is 15.4x compared to historical level (50th percentile) of 0.0x

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2024-05-31

#BANE #reports

Bashneft reported for 2024 q1:
- Revenue +35.4% YoY (vs +33.6% in previous quarter and historical rate +47.5%)
- EBITDA -1.9% YoY (vs -8.5% in previous quarter and historical rate +71.3%)
- EBITDA margin 18.1% decreased compared to 25.0% same period last year
- EV/EBITDA multiple is 2.6x compared to historical level (50th percentile) of 3.1x

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2024-05-30

#TRNFP #reports

Transneft (pref) reported for 2024 q1:
- Revenue +16.8% YoY (vs +12.9% in previous quarter and historical rate +13.4%)
- EBITDA +11.5% YoY (vs -9.1% in previous quarter and historical rate +10.6%)
- EBITDA margin 43.3% decreased compared to 45.4% same period last year
- Net Debt increased by 32.0 bln rubles over the past reporting period (2.6% of market cap)
- FCF (LTM) +197.1 bln RUB (positive), 16.3% of market cap
- EV/EBITDA multiple is 2.6x compared to historical level (50th percentile) of 3.2x

Growth potential changed insignificantly and equals -1.3%

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2024-05-30

#MGKL #reports

Mosgorlombard reported for 2023 q4:
- Revenue +266.2% YoY (vs +58.9% in previous quarter and historical rate +97.5%)
- Net Income +930.0% YoY (vs +900.0% in previous quarter and historical rate +62.5%)
- Net Income 21.6% increased compared to 7.7% same period last year
- P/E multiple is 8.5x compared to historical level (50th percentile) of 9.6x

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2024-05-30

#IVAT #reports

IVA Technologies reported for 2024 q1:
- Revenue +53.9% YoY (vs +77.5% in previous quarter and historical rate +105.5%)
- EBITDA +43.8% YoY (vs +67.2% in previous quarter and historical rate +123.5%)
- EBITDA margin 44.9% decreased compared to 48.0% same period last year
- Net Debt increased by 0.2 bln rubles over the past reporting period (0.7% of market cap)
- EV/EBITDA multiple is 15.4x compared to historical level (50th percentile) of 0.0x

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2024-05-30

#IRAO #reports

Inter RAO reported for 2024 q1:
- Revenue +152.9% YoY (vs -49.1% in previous quarter and historical rate -6.3%)
- EBITDA +25.4% YoY (vs +0.8% in previous quarter and historical rate +17.2%)
- EBITDA margin 12.3% decreased compared to 24.9% same period last year
- Net Debt increased by 60.5 bln rubles over the past reporting period (13.7% of market cap)
- FCF (LTM) -63.4 bln RUB (negative), 14.3% of market cap
- EV/EBITDA multiple is 1.2x compared to historical level (50th percentile) of 0.9x

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2024-05-30

#ELMT #reports

Element reported for 2023 H2:
- Revenue +46.5% YoY (vs +46.5% in previous half-year and historical rate +17.6%)
- EBITDA +64.9% YoY (vs +64.9% in previous half-year and historical rate +35.0%)
- EBITDA margin 24.5% increased compared to 21.7% same period last year
- Net Debt increased by 0.4 bln rubles over the past reporting period (0.4% of market cap)
- FCF (LTM) -0.9 bln RUB (negative), 0.9% of market cap
- EV/EBITDA multiple is 14.0x compared to historical level (50th percentile) of 0.0x

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2024-05-29

#MRKU #reports

IDGC Ural reported for 2024 q1:
- Revenue +433.7% YoY (vs +2652500.0% in previous quarter and historical rate +24.2%)
- EBITDA +17.6% YoY (vs +362100.0% in previous quarter and historical rate +66.1%)
- EBITDA margin 25.3% decreased compared to 114.9% same period last year
- Net Debt decreased by 2.4 bln rubles over the past reporting period (4.2% of market cap)
- FCF (LTM) +2.3 bln RUB (positive), 4.0% of market cap
- EV/EBITDA multiple is 2.4x compared to historical level (50th percentile) of 2.1x

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2024-05-29

#HYDR #reports

Rushydro reported for 2024 q1:
- Revenue +9.7% YoY (vs +10.0% in previous quarter and historical rate +9.7%)
- EBITDA +5.2% YoY (vs +2655700.0% in previous quarter and historical rate +8.4%)
- EBITDA margin 26.6% decreased compared to 27.8% same period last year
- Net Debt increased by 1.3 bln rubles over the past reporting period (0.4% of market cap)
- FCF (LTM) -95.5 bln RUB (negative), 31.9% of market cap
- EV/EBITDA multiple is 5.1x compared to historical level (50th percentile) of 6.0x

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2024-05-28

#MBNK #reports

MTS Bank reported for 2023 q4:
- Revenue +37.8% YoY (vs +46.3% in previous quarter and historical rate +39.8%)
- Net Income +34.8% YoY (vs +288.5% in previous quarter and historical rate +74.8%)
- Net Income 20.8% decreased compared to 21.2% same period last year
- P/E multiple is 6.5x compared to historical level (50th percentile) of 0.0x

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2024-05-28

#PHOR #reports

Phosagro reported for 2024 q1:
- Revenue +2.7% YoY (vs +1.2% in previous quarter and historical rate +27.3%)
- EBITDA -29.5% YoY (vs -45.3% in previous quarter and historical rate +37.3%)
- EBITDA margin 32.7% decreased compared to 47.7% same period last year
- Net Debt increased by 40.6 bln rubles over the past reporting period (5.0% of market cap)
- FCF (LTM) +11.0 bln RUB (positive), 1.3% of market cap
- EV/EBITDA multiple is 6.5x compared to historical level (50th percentile) of 6.0x

Growth potential decreased by 28.7% to -25.6%

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2024-05-28

#MRKV #reports

IDGC Volga reported for 2023 q4:
- Revenue +2167.0% YoY (vs +5526.7% in previous quarter and historical rate +44.0%)
- EBITDA +1773.6% YoY (vs +758.4% in previous quarter and historical rate +56.6%)
- EBITDA margin 26.4% decreased compared to 31.9% same period last year
- Net Debt decreased by 0.4 bln rubles over the past reporting period (2.9% of market cap)
- FCF (LTM) +0.8 bln RUB (positive), 5.8% of market cap
- EV/EBITDA multiple is 1.2x compared to historical level (50th percentile) of 2.8x

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2024-05-28

#MBNK #reports

MTS Bank reported for 2024 q1:
- Revenue +37.8% YoY (vs +46.3% in previous quarter and historical rate +39.8%)
- Net Income +34.8% YoY (vs +288.5% in previous quarter and historical rate +74.8%)
- Net Income 20.8% decreased compared to 21.2% same period last year
- P/E multiple is 6.5x compared to historical level (50th percentile) of 0.0x

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2024-05-27

#SFIN #reports

SFI Holding reported for 2023 q4:
- Revenue +53.9% YoY (vs +163.7% in previous quarter and historical rate +33.5%)
- Net Income +34.6% YoY (vs +61.7% in previous quarter and historical rate +98.2%)
- Net Income 72.9% decreased compared to 83.4% same period last year
- P/E multiple is 7.0x compared to historical level (50th percentile) of 9.2x

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2024-05-27

#MRKV #reports

IDGC Volga reported for 2024 q1:
- Revenue +2167.0% YoY (vs +5526.7% in previous quarter and historical rate +44.0%)
- EBITDA +1773.6% YoY (vs +758.4% in previous quarter and historical rate +56.6%)
- EBITDA margin 26.4% decreased compared to 31.9% same period last year
- Net Debt decreased by 0.4 bln rubles over the past reporting period (2.9% of market cap)
- FCF (LTM) +0.8 bln RUB (positive), 5.9% of market cap
- EV/EBITDA multiple is 1.2x compared to historical level (50th percentile) of 2.8x

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2024-05-27

#SFIN #reports

SFI Holding reported for 2024 q1:
- Revenue +53.9% YoY (vs +163.7% in previous quarter and historical rate +33.5%)
- Net Income +34.6% YoY (vs +61.7% in previous quarter and historical rate +98.2%)
- Net Income 72.9% decreased compared to 83.4% same period last year
- P/E multiple is 7.0x compared to historical level (50th percentile) of 9.2x

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2024-05-24

#LEAS #reports

Europlan reported for 2024 q1:
- Revenue +33.7% YoY (vs +28.6% in previous quarter and historical rate +33.2%)
- Net Income +33.1% YoY (vs +22.5% in previous quarter and historical rate +34.3%)
- Net Income 49.6% decreased compared to 49.8% same period last year
- P/E multiple is 7.7x compared to historical level (50th percentile) of 8.2x

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2024-05-24

#CIAN #reports

Cian reported for 2024 q1:
- Revenue +31.2% YoY (vs +36.6% in previous quarter and historical rate +41.9%)
- EBITDA +347.9% YoY (vs +44.1% in previous quarter and historical rate +82.7%)
- EBITDA margin 27.3% increased compared to 8.0% same period last year
- Net Debt decreased by 1.0 bln rubles over the past reporting period (1.4% of market cap)
- FCF (LTM) +2.7 bln RUB (positive), 4.1% of market cap
- EV/EBITDA multiple is 21.6x compared to historical level (50th percentile) of 26.5x

Growth potential increased by 11.3% to -46.4%

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2024-05-24

#SGZH #reports

Segezha Group reported for 2024 q1:
- Revenue +22.0% YoY (vs +27.8% in previous quarter and historical rate +12.9%)
- EBITDA +129.4% YoY (vs -48.2% in previous quarter and historical rate +12.9%)
- EBITDA margin 11.1% increased compared to 5.9% same period last year
- Net Debt increased by 8.2 bln rubles over the past reporting period (15.0% of market cap)
- FCF (LTM) -15.4 bln RUB (negative), 28.3% of market cap
- EV/EBITDA multiple is 19.0x compared to historical level (50th percentile) of 29.4x

Growth potential decreased by 141.4% to -203.5%

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2024-05-24

#LEAS #reports

Europlan reported for 2023 q4:
- Revenue +28.6% YoY (vs +28.6% in previous quarter and historical rate +32.8%)
- Net Income +22.5% YoY (vs +22.5% in previous quarter and historical rate +35.5%)
- Net Income 47.2% decreased compared to 49.6% same period last year
- P/E multiple is 8.4x compared to historical level (50th percentile) of 8.2x

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2024-05-24

#FLOT #reports

SCF Group reported for 2024 q1:
- Revenue +8.7% YoY (vs +68.0% in previous quarter and historical rate +34.7%)
- EBITDA -7.8% YoY (vs +66.3% in previous quarter and historical rate +42.4%)
- EBITDA margin 61.2% decreased compared to 72.2% same period last year
- Net Debt increased by 17.4 bln rubles over the past reporting period (5.4% of market cap)
- FCF (LTM) +19.5 bln RUB (positive), 6.1% of market cap
- EV/EBITDA multiple is 2.9x compared to historical level (50th percentile) of 3.4x

Growth potential decreased by 20.3% to -6.6%

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2024-05-23

#MRKP #reports

IDGC Center & Volga reported for 2024 q1:
- Revenue +7.6% YoY (vs +16.4% in previous quarter and historical rate +11.1%)
- EBITDA +2.0% YoY (vs +4.7% in previous quarter and historical rate +22.4%)
- EBITDA margin 30.1% decreased compared to 31.8% same period last year
- Net Debt decreased by 5.2 bln rubles over the past reporting period (12.9% of market cap)
- FCF (LTM) +6.0 bln RUB (positive), 14.8% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 2.0x

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2024-05-23

#ABRD #reports

Abrau Durso reported for 2023 H2:
- Revenue +0.6% YoY (vs +4.5% in previous half-year and historical rate +12.7%)
- EBITDA -30.0% YoY (vs -33.3% in previous half-year and historical rate +35.7%)
- EBITDA margin 19.9% decreased compared to 28.6% same period last year
- EV/EBITDA multiple is 16.2x compared to historical level (50th percentile) of 9.9x

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

2024-05-23

#MRKY #reports

IDGC South reported for 2024 q1:
- Revenue 0.0% YoY (vs -99.3% in previous quarter and historical rate -0.2%)
- EBITDA -99.6% YoY (vs -32.9% in previous quarter and historical rate +55.7%)
- EBITDA margin 25.8% decreased compared to 6522.3% same period last year
- Net Debt increased by 3.1 bln rubles over the past reporting period (42.3% of market cap)
- FCF (LTM) -1.0 bln RUB (negative), 13.6% of market cap
- EV/EBITDA multiple is 0.1x compared to historical level (50th percentile) of 0.0x

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

2024-05-22

#AKRN #reports

Acron reported for 2024 q1:
- Revenue -3.0% YoY (vs -18.1% in previous quarter and historical rate +20.7%)
- EBITDA -50.2% YoY (vs -74.7% in previous quarter and historical rate +50.2%)
- EBITDA margin 28.4% decreased compared to 55.3% same period last year
- Net Debt increased by 22.8 bln rubles over the past reporting period (3.4% of market cap)
- FCF (LTM) -11.9 bln RUB (negative), 1.8% of market cap
- EV/EBITDA multiple is 10.6x compared to historical level (50th percentile) of 10.7x

Growth potential decreased by 38.3% to -41.7%

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

2024-05-22

#MOEX #reports

MOEX reported for 2024 q1:
- Revenue +46.3% YoY (vs +72.8% in previous quarter and historical rate +33.6%)
- Net Income +35.0% YoY (vs +79.0% in previous quarter and historical rate +37.4%)
- Net Income 56.9% decreased compared to 61.6% same period last year
- P/E multiple is 8.3x compared to historical level (50th percentile) of 7.7x

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

2024-05-21

#BSPB #reports

Bank Sankt-Peterburg reported for 2024 q1:
- Revenue +6.9% YoY (vs +5.3% in previous quarter and historical rate +26.2%)
- Net Income -11.0% YoY (vs -19.9% in previous quarter and historical rate +72.9%)
- Net Income 57.2% decreased compared to 68.7% same period last year
- P/E multiple is 3.7x compared to historical level (50th percentile) of 2.6x

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

2024-05-21

#SVCB #reports

Sovcombank reported for 2024 q1:
- Revenue +57.0% YoY (vs +2.7% in previous quarter and historical rate +17.1%)
- Net Income -5.9% YoY (vs +1860900.0% in previous quarter and historical rate +29.9%)
- Net Income 49.3% decreased compared to 82.3% same period last year
- P/E multiple is 4.0x compared to historical level (50th percentile) of 4.0x

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

2024-05-21

#RTKM #reports

Rostelecom reported for 2024 q1:
- Revenue +7.1% YoY (vs +31.8% in previous quarter and historical rate +9.2%)
- EBITDA +10.4% YoY (vs +12.5% in previous quarter and historical rate +13.3%)
- EBITDA margin 41.9% increased compared to 40.6% same period last year
- Net Debt increased by 8.3 bln rubles over the past reporting period (2.9% of market cap)
- FCF (LTM) -80.0 bln RUB (negative), 28.2% of market cap
- EV/EBITDA multiple is 3.3x compared to historical level (50th percentile) of 4.3x

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

2024-05-21

#MGNT #reports

Magnit reported for 2023 q4:
- Revenue +10.5% YoY (vs +5.7% in previous quarter and historical rate +18.5%)
- EBITDA +11.7% YoY (vs -0.9% in previous quarter and historical rate +16.1%)
- EBITDA margin 6.1% has not changed compared to 6.1% same period last year
- Net Debt increased by 15.4 bln rubles over the past reporting period (2.7% of market cap)
- FCF (LTM) +13.3 bln RUB (positive), 2.3% of market cap
- EV/EBITDA multiple is 4.5x compared to historical level (50th percentile) of 4.6x

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

2024-05-20

#RENI #reports

Renessans reported for 2024 q1:
- Revenue +47.3% YoY (vs +35.8% in previous quarter and historical rate +15.6%)
- Net Income +7.6% YoY (vs -39.3% in previous quarter and historical rate +57.0%)
- Net Income 7.6% decreased compared to 10.5% same period last year
- P/E multiple is 6.0x compared to historical level (50th percentile) of 4.7x

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

2024-05-19

#ELEM #reports

Element reported for 2023 H2:
- Revenue +46.5% YoY (vs +46.5% in previous half-year and historical rate +17.6%)
- EBITDA +64.9% YoY (vs +64.9% in previous half-year and historical rate +35.0%)
- EBITDA margin 24.5% increased compared to 21.7% same period last year
- Net Debt increased by 0.4 bln rubles over the past reporting period (0.4% of market cap)
- FCF (LTM) -0.9 bln RUB (negative), 0.9% of market cap
- EV/EBITDA multiple is 13.4x compared to historical level (50th percentile) of 0.0x

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

2024-05-17

#SOFL #reports

Softline reported for 2023 q4:
- Revenue +51.8% YoY (vs +60.7% in previous quarter and historical rate +7.5%)
- EBITDA margin 8.4% increased compared to -1.2% same period last year
- Net Debt increased by 12.7 bln rubles over the past reporting period (21.1% of market cap)
- FCF (LTM) -13.0 bln RUB (negative), 21.6% of market cap

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

2024-05-16

#TCSG #reports

Tinkoff reported for 2024 q1:
- Revenue +46.0% YoY (vs +55.0% in previous quarter and historical rate +29.5%)
- Net Income +37.4% YoY (vs +102.9% in previous quarter and historical rate +49.2%)
- Net Income 20.8% decreased compared to 22.1% same period last year
- P/E multiple is 7.1x compared to historical level (50th percentile) of 16.5x

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

2024-05-16

#SOFL #reports

Softline reported for 2024 q1:
- Revenue +51.8% YoY (vs +60.7% in previous quarter and historical rate +7.5%)
- EBITDA margin 8.4% increased compared to -1.2% same period last year
- Net Debt increased by 12.7 bln rubles over the past reporting period (24.3% of market cap)
- FCF (LTM) -13.0 bln RUB (negative), 24.9% of market cap

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

2024-05-16

#HHRU #reports

Head Hunter reported for 2024 q1:
- Revenue +55.4% YoY (vs +72.0% in previous quarter and historical rate +59.8%)
- EBITDA +70.7% YoY (vs +115.3% in previous quarter and historical rate +82.9%)
- EBITDA margin 57.2% increased compared to 52.0% same period last year
- Net Debt decreased by 5.3 bln rubles over the past reporting period (2.0% of market cap)
- FCF (LTM) +19.8 bln RUB (positive), 7.5% of market cap
- EV/EBITDA multiple is 12.5x compared to historical level (50th percentile) of 10.8x

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

2024-05-13

#AGRO #reports

Rusagro reported for 2024 q1:
- Revenue +44.1% YoY (vs +70.3% in previous quarter and historical rate +21.9%)
- EBITDA +2.3% YoY (vs +168.8% in previous quarter and historical rate +29.6%)
- EBITDA margin 10.7% decreased compared to 15.1% same period last year
- Net Debt decreased by 3.7 bln rubles over the past reporting period (1.8% of market cap)
- FCF (LTM) +20.8 bln RUB (positive), 10.0% of market cap
- EV/EBITDA multiple is 4.8x compared to historical level (50th percentile) of 5.0x

Growth potential increased by 7.4% to +6.8%

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

2024-05-02

#UWGN #reports

Uniwagon reported for 2023 H2:
- Revenue +232.4% YoY (vs +23.5% in previous half-year and historical rate +23.1%)
- EBITDA margin 28.2% increased compared to -22.8% same period last year
- Net Debt decreased by 63.4 bln rubles over the past reporting period (37.5% of market cap)
- FCF (LTM) +65.2 bln RUB (positive), 38.5% of market cap

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

2024-05-02

#GAZP #reports

Gazprom reported for 2023 q4:
- Revenue +4.4% YoY (vs -54.8% in previous quarter and historical rate +18.4%)
- EBITDA -17.0% YoY (vs -108.3% in previous quarter and historical rate +35.2%)
- EBITDA margin 24.8% decreased compared to 31.2% same period last year
- Net Debt increased by 4754.9 bln rubles over the past reporting period (126.6% of market cap)
- FCF (LTM) -2247.1 bln RUB (negative), 59.8% of market cap
- EV/EBITDA multiple is 5.7x compared to historical level (50th percentile) of 6.5x

Growth potential decreased by 152.2% to -182.7%

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

2024-05-02

#ELFV #reports

EL5-Energo reported for 2024 q1:
- Revenue +18.5% YoY (vs +17.1% in previous quarter and historical rate +13.4%)
- EBITDA +25.3% YoY (vs +279000.0% in previous quarter and historical rate +4.6%)
- EBITDA margin 26.4% increased compared to 25.0% same period last year
- Net Debt increased by 26.2 bln rubles over the past reporting period (116.6% of market cap)
- FCF (LTM) -1.3 bln RUB (negative), 5.8% of market cap
- EV/EBITDA multiple is 3.9x compared to historical level (50th percentile) of 7.5x

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

2024-05-02

#SVAV #reports

Sollers reported for 2023 H2:
- Revenue +23.7% YoY (vs -31.2% in previous half-year and historical rate +13.6%)
- EBITDA -193.6% YoY (vs -17.8% in previous half-year and historical rate +32.6%)
- EBITDA margin -8.4% decreased compared to 11.1% same period last year
- Net Debt decreased by 7.3 bln rubles over the past reporting period (26.5% of market cap)
- FCF (LTM) +5.1 bln RUB (positive), 18.6% of market cap
- EV/EBITDA multiple is -208.5x compared to historical level (50th percentile) of 3.8x

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

2024-04-30

#ZAYM #reports

Zaymer reported for 2024 q1:
- Revenue -7.3% YoY (vs -20.0% in previous quarter and historical rate +30.6%)
- Net Income -73.2% YoY (vs -40.7% in previous quarter and historical rate +44.5%)
- Net Income 10.5% decreased compared to 36.3% same period last year
- P/E multiple is 4.8x compared to historical level (50th percentile) of 0.0x

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

2024-04-29

#ZAYM #reports

Zaymer reported for 2023 q4:
- Revenue -12.8% YoY (vs -12.8% in previous quarter and historical rate +36.4%)
- Net Income +5.8% YoY (vs +5.8% in previous quarter and historical rate +61.1%)
- Net Income 33.4% increased compared to 27.5% same period last year
- P/E multiple is 3.8x compared to historical level (50th percentile) of 0.0x

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

2024-04-28

#EUTR #reports

Evrotrans AO reported for 2023 H2:
- Revenue +61.6% YoY (vs +211.5% in previous half-year and historical rate +81.7%)
- EBITDA +92.3% YoY (vs +105.3% in previous half-year and historical rate +111.5%)
- EBITDA margin 9.8% increased compared to 8.2% same period last year
- Net Debt increased by 1.3 bln rubles over the past reporting period (3.7% of market cap)
- FCF (LTM) +2.2 bln RUB (positive), 6.0% of market cap
- EV/EBITDA multiple is 5.4x compared to historical level (50th percentile) of 8.9x

Growth potential increased by 75.3% to +31.6%

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

2024-04-27

#TTLK #reports

Tattelecom reported for 2023 H2:
- Revenue +9.8% YoY (vs +5.7% in previous half-year and historical rate +3.7%)
- EBITDA -18.1% YoY (vs -7.1% in previous half-year and historical rate -1.2%)
- EBITDA margin 28.9% decreased compared to 38.7% same period last year
- EV/EBITDA multiple is 5.7x compared to historical level (50th percentile) of 2.6x

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

2024-04-27

#SNGS #reports

Surgutneftegas reported for 2023 H2:
- Revenue +48.5% YoY (vs +4.7% in previous half-year and historical rate +31.0%)
- EBITDA +62.4% YoY (vs +8.6% in previous half-year and historical rate +52.9%)
- EBITDA margin 32.9% increased compared to 30.1% same period last year
- EV/EBITDA multiple is 0.4x compared to historical level (50th percentile) of 1.2x

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

2024-04-27

#PHOR #reports

Phosagro reported for 2023 q4:
- Revenue +1.2% YoY (vs -5.5% in previous quarter and historical rate +30.1%)
- EBITDA -45.3% YoY (vs -14.6% in previous quarter and historical rate +46.9%)
- EBITDA margin 28.7% decreased compared to 53.1% same period last year
- Net Debt increased by 50.3 bln rubles over the past reporting period (5.9% of market cap)
- FCF (LTM) -3.2 bln RUB (negative), 0.4% of market cap
- EV/EBITDA multiple is 6.2x compared to historical level (50th percentile) of 6.1x

Growth potential decreased by 18.3% to -13.0%

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

2024-04-27

#YNDX #reports

Yandex reported for 2024 q1:
- Revenue +40.2% YoY (vs +51.5% in previous quarter and historical rate +53.8%)
- EBITDA +173.9% YoY (vs +41.7% in previous quarter and historical rate +52.7%)
- EBITDA margin 12.3% increased compared to 6.3% same period last year
- Net Debt increased by 16.5 bln rubles over the past reporting period (1.2% of market cap)
- FCF (LTM) -98.2 bln RUB (negative), 7.2% of market cap
- EV/EBITDA multiple is 15.7x compared to historical level (50th percentile) of 19.3x

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

2024-04-27

#VTBR #reports

Bank VTB PAO reported for 2024 q1:
- Revenue -5.6% YoY (vs +92.3% in previous quarter and historical rate +17.2%)
- Net Income -16.8% YoY (vs +5589900.0% in previous quarter and historical rate +48.6%)
- Net Income 59.6% decreased compared to 67.6% same period last year
- P/E multiple is 1.6x compared to historical level (50th percentile) of 2.8x

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

2024-04-27

#LENT #reports

Lenta reported for 2024 q1:
- Revenue +62.1% YoY (vs +50.4% in previous quarter and historical rate +16.4%)
- EBITDA +395.7% YoY (vs +84.7% in previous quarter and historical rate +12.9%)
- EBITDA margin 6.4% increased compared to 2.1% same period last year
- Net Debt increased by 5.1 bln rubles over the past reporting period (3.9% of market cap)
- FCF (LTM) -32.4 bln RUB (negative), 24.9% of market cap
- EV/EBITDA multiple is 5.2x compared to historical level (50th percentile) of 4.6x

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

2024-04-27

#CIAN #reports

Cian reported for 2023 q4:
- Revenue +36.6% YoY (vs +44.5% in previous quarter and historical rate +43.6%)
- EBITDA +44.1% YoY (vs +126.9% in previous quarter and historical rate +66.0%)
- EBITDA margin 18.6% increased compared to 17.6% same period last year
- Net Debt decreased by 0.1 bln rubles over the past reporting period (0.2% of market cap)
- FCF (LTM) +2.4 bln RUB (positive), 3.5% of market cap
- EV/EBITDA multiple is 29.5x compared to historical level (50th percentile) of 27.0x

Growth potential changed insignificantly and equals -57.5%

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

2024-04-26

#SBER #reports

Sberbank reported for 2024 q1:
- Revenue +12.5% YoY (vs +36.2% in previous quarter and historical rate +15.2%)
- Net Income +10.7% YoY (vs +423.0% in previous quarter and historical rate +54.8%)
- Net Income 40.2% decreased compared to 40.9% same period last year
- P/E multiple is 4.5x compared to historical level (50th percentile) of 6.5x

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

2024-04-26

#SMLT #reports

Samolet reported for 2023 H2:
- Revenue +46.0% YoY (vs +53.0% in previous half-year and historical rate +63.6%)
- EBITDA +80.5% YoY (vs +69.8% in previous half-year and historical rate +104.1%)
- EBITDA margin 29.4% increased compared to 23.8% same period last year
- Net Debt increased by 181.4 bln rubles over the past reporting period (77.7% of market cap)
- FCF (LTM) -186.4 bln RUB (negative), 79.8% of market cap
- EV/EBITDA multiple is 9.9x compared to historical level (50th percentile) of 13.9x

Growth potential decreased by 84.3% to -134.8%

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

2024-04-25

#MAGN #reports

MMK reported for 2024 q1:
- Revenue +25.5% YoY (vs +7.8% in previous quarter and historical rate +27.0%)
- EBITDA +32.1% YoY (vs +8.5% in previous quarter and historical rate +32.7%)
- EBITDA margin 22.6% increased compared to 21.5% same period last year
- Net Debt decreased by 6.8 bln rubles over the past reporting period (1.1% of market cap)
- FCF (LTM) +25.8 bln RUB (positive), 4.1% of market cap
- EV/EBITDA multiple is 2.6x compared to historical level (50th percentile) of 3.7x

Growth potential increased by 13.1% to +30.0%

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

2024-04-25

#OZON #reports

OZON reported for 2024 q1:
- Revenue +31.8% YoY (vs +36.6% in previous quarter and historical rate +58.7%)
- EBITDA +25.1% YoY (vs -227.4% in previous quarter and historical rate +18.8%)
- EBITDA margin 5.9% decreased compared to 6.2% same period last year
- Net Debt increased by 35.4 bln rubles over the past reporting period (4.2% of market cap)
- FCF (LTM) -15.7 bln RUB (negative), 1.9% of market cap
- EV/EBITDA multiple is -292.8x compared to historical level (50th percentile) of 0.0x

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

2024-04-24

#FESH #reports

FESCO reported for 2023 H2:
- Revenue +2.5% YoY (vs +8.8% in previous half-year and historical rate +45.1%)
- EBITDA -31.6% YoY (vs -3.4% in previous half-year and historical rate +73.6%)
- EBITDA margin 17.2% decreased compared to 25.8% same period last year
- Net Debt increased by 13.4 bln rubles over the past reporting period (5.2% of market cap)
- FCF (LTM) -25.7 bln RUB (negative), 10.0% of market cap
- EV/EBITDA multiple is 5.9x compared to historical level (50th percentile) of 3.9x

Growth potential changed insignificantly and equals -51.0%

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

2024-04-24

#UGLD #reports

Yuzhuralzoloto Group reported for 2023 H2:
- Revenue +62.8% YoY (vs -12.5% in previous half-year and historical rate +10.5%)
- EBITDA +114.1% YoY (vs -16.4% in previous half-year and historical rate +15.7%)
- EBITDA margin 38.0% increased compared to 28.9% same period last year
- Net Debt increased by 1.0 bln rubles over the past reporting period (0.4% of market cap)
- FCF (LTM) -11.4 bln RUB (negative), 5.2% of market cap
- EV/EBITDA multiple is 11.1x compared to historical level (50th percentile) of 12.1x

Growth potential decreased by 38.3% to -23.9%

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

2024-04-23

#OKEY #reports

OKEY reported for 2023 H2:
- Revenue +3.9% YoY (vs +1.7% in previous half-year and historical rate +6.4%)
- EBITDA +4.4% YoY (vs -5.4% in previous half-year and historical rate +7.7%)
- EBITDA margin 9.2% has not changed compared to 9.1% same period last year
- Net Debt decreased by 6.9 bln rubles over the past reporting period (79.1% of market cap)
- FCF (LTM) -1.9 bln RUB (negative), 21.7% of market cap
- EV/EBITDA multiple is 2.6x compared to historical level (50th percentile) of 2.7x

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

2024-04-23

#CHMF #reports

Severstal reported for 2024 q1:
- Revenue +19.7% YoY (vs +8.6% in previous quarter and historical rate +18.4%)
- EBITDA +25.9% YoY (vs +13.4% in previous quarter and historical rate +27.5%)
- EBITDA margin 34.1% increased compared to 32.5% same period last year
- Net Debt decreased by 27.1 bln rubles over the past reporting period (1.7% of market cap)
- FCF (LTM) +116.6 bln RUB (positive), 7.5% of market cap
- EV/EBITDA multiple is 4.9x compared to historical level (50th percentile) of 4.8x

Growth potential increased by 10.4% to -17.2%

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

2024-04-22

#FIVE #reports

X5 Retail Group reported for 2024 q1:
- Revenue +27.3% YoY (vs +25.0% in previous quarter and historical rate +18.3%)
- EBITDA +39.9% YoY (vs +48.1% in previous quarter and historical rate +17.5%)
- EBITDA margin 6.2% increased compared to 5.7% same period last year
- Net Debt increased by 9.3 bln rubles over the past reporting period (1.2% of market cap)
- FCF (LTM) +11.5 bln RUB (positive), 1.5% of market cap
- EV/EBITDA multiple is 4.1x compared to historical level (50th percentile) of 4.1x

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

2024-04-20

#NKNC #reports

Nizhnekamsknef-m reported for 2023 H2:
- Revenue +21.6% YoY (vs -7.7% in previous half-year and historical rate +18.7%)
- EBITDA +27.5% YoY (vs -9.8% in previous half-year and historical rate +42.9%)
- EBITDA margin 28.4% increased compared to 27.1% same period last year
- Net Debt decreased by 25.3 bln rubles over the past reporting period (14.4% of market cap)
- FCF (LTM) +15.2 bln RUB (positive), 8.7% of market cap
- EV/EBITDA multiple is 4.1x compared to historical level (50th percentile) of 4.9x

Growth potential increased by 22.3% to -48.3%

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

2024-04-19

#MBNK #reports

MTS Bank reported for 2023 H2:
- Revenue +41.3% YoY (vs +41.3% in previous half-year and historical rate +41.0%)
- Net Income +278.7% YoY (vs +278.7% in previous half-year and historical rate +88.5%)
- Net Income 20.6% increased compared to 7.7% same period last year
- P/E multiple is 6.6x compared to historical level (50th percentile) of 0.0x

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

2024-04-18

#GCHE #reports

Cherkizovo reported for 2023 q4:
- Revenue +29.8% YoY (vs +29.8% in previous quarter and historical rate +21.0%)
- EBITDA +87.6% YoY (vs +87.6% in previous quarter and historical rate +27.8%)
- EBITDA margin 27.0% increased compared to 18.7% same period last year
- Net Debt increased by 1.8 bln rubles over the past reporting period (0.8% of market cap)
- FCF (LTM) -0.3 bln RUB (negative), 0.1% of market cap
- EV/EBITDA multiple is 6.4x compared to historical level (50th percentile) of 7.2x

Growth potential decreased by 10.8% to +22.8%

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

2024-04-18

#ROLO #reports

Rusolovo reported for 2023 H2:
- Revenue +71.5% YoY (vs -32.7% in previous half-year and historical rate +46.9%)
- EBITDA margin 6.6% increased compared to -38.0% same period last year
- Net Debt increased by 3.0 bln rubles over the past reporting period (8.1% of market cap)
- FCF (LTM) -3.5 bln RUB (negative), 9.4% of market cap

Growth potential decreased by 8.6% to -82.1%

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

2024-04-18

#RENI #reports

Renessans reported for 2023 q4:
- Revenue +35.8% YoY (vs +35.8% in previous quarter and historical rate +14.2%)
- Net Income -39.3% YoY (vs -39.3% in previous quarter and historical rate +54.3%)
- Net Income 4.9% decreased compared to 10.9% same period last year
- P/E multiple is 5.7x compared to historical level (50th percentile) of 4.7x

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

2024-04-17

#RENI #reports

Renessans reported for 2023 H2:
- Revenue +25.5% YoY (vs +54.7% in previous half-year and historical rate +14.2%)
- Net Income -53.0% YoY (vs -53.0% in previous half-year and historical rate +54.3%)
- Net Income 4.9% decreased compared to 13.0% same period last year
- P/E multiple is 5.7x compared to historical level (50th percentile) of 4.7x

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

2024-04-16

#NLMK #reports

NLMK reported for 2023 q4:
- Revenue -11.0% YoY (vs -19.1% in previous quarter and historical rate +20.4%)
- EBITDA -8.5% YoY (vs -24.9% in previous quarter and historical rate +34.6%)
- EBITDA margin 29.2% increased compared to 28.4% same period last year
- Net Debt decreased by 91.9 bln rubles over the past reporting period (6.7% of market cap)
- FCF (LTM) +257.6 bln RUB (positive), 18.8% of market cap
- EV/EBITDA multiple is 4.3x compared to historical level (50th percentile) of 5.1x

Growth potential increased by 3.4% to -31.7%

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

2024-04-15

#SELG #reports

Seligdar reported for 2023 q4:
- Revenue +34.2% YoY (vs +77.4% in previous quarter and historical rate +25.0%)
- EBITDA +4.0% YoY (vs +436.9% in previous quarter and historical rate +14.0%)
- EBITDA margin 21.3% decreased compared to 27.5% same period last year
- Net Debt decreased by 10.0 bln rubles over the past reporting period (11.9% of market cap)
- FCF (LTM) +5.3 bln RUB (positive), 6.2% of market cap
- EV/EBITDA multiple is 8.3x compared to historical level (50th percentile) of 6.0x

Growth potential decreased by 55.4% to +1.2%

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2024-04-10

#POSI #reports

Positive Technologies reported for 2023 q4:
- Revenue +104.7% YoY (vs +4.8% in previous quarter and historical rate +56.9%)
- EBITDA +134.1% YoY (vs -48.0% in previous quarter and historical rate +36.8%)
- EBITDA margin 71.2% increased compared to 62.3% same period last year
- Net Debt increased by 1.1 bln rubles over the past reporting period (0.6% of market cap)
- FCF (LTM) +1.5 bln RUB (positive), 0.8% of market cap
- EV/EBITDA multiple is 17.2x compared to historical level (50th percentile) of 22.3x

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2024-04-10

#MRKZ #reports

IDGC North West reported for 2023 q4:
- Revenue -100.0% YoY (vs -74.0% in previous quarter and historical rate -17.5%)
- EBITDA -100.0% YoY (vs -79.3% in previous quarter and historical rate -19.0%)
- EBITDA margin 0.0% decreased compared to 3.8% same period last year
- Net Debt decreased by 0.9 bln rubles over the past reporting period (9.0% of market cap)
- FCF (LTM) +3.5 bln RUB (positive), 35.9% of market cap
- EV/EBITDA multiple is 27.6x compared to historical level (50th percentile) of 5.0x

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2024-04-10

#MRKC #reports

IDGC Center reported for 2023 q4:
- Revenue +119.6% YoY (vs +319.7% in previous quarter and historical rate +39.1%)
- EBITDA +138.1% YoY (vs +131.5% in previous quarter and historical rate +47.6%)
- EBITDA margin 37.8% increased compared to 34.9% same period last year
- Net Debt decreased by 1.4 bln rubles over the past reporting period (5.4% of market cap)
- FCF (LTM) +5.3 bln RUB (positive), 21.0% of market cap
- EV/EBITDA multiple is 1.8x compared to historical level (50th percentile) of 3.3x

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2024-04-10

#ELFV #reports

EL5-Energo reported for 2023 q4:
- Revenue +17.1% YoY (vs +30.8% in previous quarter and historical rate +12.0%)
- EBITDA margin 16.8% increased compared to -98.1% same period last year
- Net Debt decreased by 26.7 bln rubles over the past reporting period (120.3% of market cap)
- FCF (LTM) +27.2 bln RUB (positive), 122.3% of market cap

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2024-04-09

#NMTP #reports

NMTP reported for 2023 q4:
- Revenue +0.2% YoY (vs +5.9% in previous quarter and historical rate +15.0%)
- EBITDA -39.5% YoY (vs -34.2% in previous quarter and historical rate +18.6%)
- EBITDA margin 47.2% decreased compared to 78.1% same period last year
- Net Debt decreased by 0.1 bln rubles over the past reporting period (0.0% of market cap)
- FCF (LTM) +14.6 bln RUB (positive), 5.9% of market cap
- EV/EBITDA multiple is 5.7x compared to historical level (50th percentile) of 5.0x

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2024-04-09

#MRKS #reports

IDGC Siberia reported for 2023 q4:
- Revenue +72.9% YoY (vs +3.4% in previous quarter and historical rate +7.2%)
- EBITDA margin 13.4% increased compared to -3.3% same period last year
- Net Debt decreased by 46.8 bln rubles over the past reporting period (60.4% of market cap)
- FCF (LTM) +46.8 bln RUB (positive), 60.4% of market cap

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2024-04-09

#MRKP #reports

IDGC Center & Volga reported for 2023 q4:
- Revenue +16.4% YoY (vs +14.8% in previous quarter and historical rate +11.2%)
- EBITDA +4.7% YoY (vs +62.1% in previous quarter and historical rate +22.4%)
- EBITDA margin 18.4% decreased compared to 20.4% same period last year
- Net Debt increased by 0.3 bln rubles over the past reporting period (0.7% of market cap)
- FCF (LTM) +4.8 bln RUB (positive), 11.9% of market cap
- EV/EBITDA multiple is 1.7x compared to historical level (50th percentile) of 2.0x

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2024-04-09

#FEES #reports

FGC UES reported for 2023 q4:
- Revenue +16.7% YoY (vs +16.7% in previous quarter and historical rate +73.8%)
- EBITDA +15.6% YoY (vs +15.6% in previous quarter and historical rate +69.5%)
- EBITDA margin 27.9% decreased compared to 28.1% same period last year
- Net Debt decreased by 40.6 bln rubles over the past reporting period (15.5% of market cap)
- FCF (LTM) +160.1 bln RUB (positive), 61.0% of market cap
- EV/EBITDA multiple is 2.7x compared to historical level (50th percentile) of 3.2x

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2024-04-09

#AFKS #reports

Sistema reported for 2023 q4:
- Revenue +17.2% YoY (vs +17.1% in previous quarter and historical rate +14.7%)
- EBITDA -57.7% YoY (vs +6.8% in previous quarter and historical rate +6.1%)
- EBITDA margin 11.3% decreased compared to 31.4% same period last year
- Net Debt increased by 65.3 bln rubles over the past reporting period (28.3% of market cap)
- FCF (LTM) -160.4 bln RUB (negative), 69.5% of market cap
- EV/EBITDA multiple is 6.3x compared to historical level (50th percentile) of 5.1x

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2024-04-08

#KMAZ #reports

Kamaz reported for 2023 H2:
- Revenue +31.4% YoY (vs +16.8% in previous half-year and historical rate +21.5%)
- EBITDA -21.8% YoY (vs +39.0% in previous half-year and historical rate +32.8%)
- EBITDA margin 6.8% decreased compared to 11.4% same period last year
- EV/EBITDA multiple is 6.3x compared to historical level (50th percentile) of 7.1x

General information

Leading nickel and PGMs producer. Recently enjoys increasing demand due to grow of electric vehicles and renewables. In 2020 faced ecological problems / is likely to pay large (over $2bn) fine, which put certain pressure on the company share prices

Current market environment: negative. Prices of production are 21.1% lower compared to the last 12 months (LTM)
Prices of production are at 0.5% percentile over the past 5 years, adjusted for inflation (are close to minimun)
Dividend yield for the last twelve months 0.0%
Free cash flow yield 27.2% (LTM), projected 15.5%
Share of USD-denominated sales in revenue of the company (estimate) ≈ 100.0%
Share price is 6.2% higher than minimum and 50.3% lower than maximum for the last 3 years
The company is undervalued by EV / LTM EBITDA multiple compared to target level (4.9x vs
)
The company is undervalued by EV / projected EBITDA multiple compared to target level (
vs
)
Taking into account the impact of the key rate 16% on the change in financial parameters: EBITDA adjustment is -27 100 mln rub as NetDebt * (current key rate - normalized 7%) / 2, expected EBITDA adjusted for key rate increases is 260 225 mln rub, expected mult is 9.9x, target mult is 9x, potential is -11.5%

Key Financials (Download financials)

Ticker: GMKN

Share price, RUB: (-1.5%)128

year average price 156.93

year start price 162.36 2023-07-29

max close price 180.78 2023-11-02

min close price 124.00 2024-07-15

current price 128.00 2024-07-27

Common stocks: 15 365 000 000

Dividend Yield: 0.0%

FCF Yield LTM / expected: 27.2% / 15.5%

EV / LTM EBITDA: 4.9x

EV / EBITDA annualized: 4.5x

Production prices change from LTM: -21.1%

EV / projected EBITDA:

Target EV / EBITDA (hist percentile):

Express share price potential:

EV / LTM EBITDA mutiple calculation

Market Cap (m RUB): 1 966 720

Net Debt (m RUB): 848 167

EV (Enterprise Value): 2 814 887

EBITDA LTM (m RUB): 573 989

EV / LTM EBITDA: 4.9x

Average daily trading volume for the week, RUB mln: 868.95

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

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