Try our mobile app

General information

  • Current market environment: negative. Prices of production are 17.6% lower compared to the last 12 months (LTM)
  • Prices of production are at 12.0% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 3.4%
  • Free cash flow yield -31.3% (LTM), projected -26.2%
  • Share of USD-denominated sales in revenue of the company (estimate) 39.4%
  • Share price is 16.9% higher than minimum and 41.9% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (4.3x vs
    )
  • The company is undervalued 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 -11 182 mln rub as NetDebt * (current key rate - normalized 7%) / 2, expected EBITDA adjusted for key rate increases is 69 903 mln rub, expected mult is 4.4x, target mult is 4.8x, potential is +16.4%

Key Financials (Download financials)

Ticker: NKNC
Share price, RUB:  (+2.7%)85.35
year average price 89.52  


year start price 94.55 2024-07-01

min close price 76.85 2024-11-26

max close price 102.85 2025-01-30

current price 83.80 2025-06-30
Common stocks: 1 611 260 000

Dividend Yield:  3.4%
FCF Yield LTM / expected: -31.3% / -26.2%
EV / LTM EBITDA:4.3x
EV / EBITDA annualized: 3.7x
Production prices change from LTM: -17.6%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap (m RUB): 137 521
Net Debt (m RUB): 176 856
EV (Enterprise Value): 314 377
EBITDA LTM (m RUB): 72 388
Net Income LTM (m RUB): 50 428
EV / LTM EBITDA: 4.3x
Net Debt / LTM EBITDA (if EBITDA > 0): 2.4x
Average daily trading volume for the week, RUB mln: 2
P / E 2.7x
P / E ann-d2.2x
P / B 0.4x
EBITDA margin ann-d 28.7%
Net income margin ann-d 11.4%

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