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 steel producer integrated with 100% self-sufficiency in iron ore, 60% in scrap, 0% in coal. Operates plants both in Russia and US (lately unprofitable due to tariffs) and generally has quite high export share in revenue (which is on one hand positive - higher share of USD-denominated revenue, on the other hand can drop more dramatically in downturns)

Current market environment: positive. Prices of production are 6.4% higher compared to the last 12 months (LTM)
Prices of production are at 63.8% percentile over the past 5 years, adjusted for inflation
Dividend yield for the last twelve months 14.9%
Free cash flow yield 25.1% (LTM), projected 25.4%
Share of USD-denominated sales in revenue of the company (estimate) ≈ 0.0%
Share price is 125.8% higher than minimum and 34.5% lower than maximum for the last 3 years
The company is undervalued by EV / LTM EBITDA multiple compared to target level (3.1x 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 6 608 mln rub as NetDebt * (current key rate - normalized 7%) / 2, expected EBITDA adjusted for key rate increases is 283 979 mln rub, expected mult is 3.1x, target mult is 5.1x, potential is +54.6%

Key Financials (Download financials)

Ticker: NLMK

Share price, RUB: (-1.2%)170.88

year average price 199.49

year start price 204.44 2023-07-28

max close price 256.30 2024-05-23

min close price 159.80 2024-07-10

current price 170.88 2024-07-26

Common stocks: 5 993 230 000

Dividend Yield: 14.9%

FCF Yield LTM / expected: 25.1% / 25.4%

EV / LTM EBITDA: 3.1x

EV / EBITDA annualized: 3.3x

Production prices change from LTM: 6.4%

EV / projected EBITDA:

Target EV / EBITDA (hist percentile):

Express share price potential:

EV / LTM EBITDA mutiple calculation

Market Cap (m RUB): 1 024 123

Net Debt (m RUB): -165 530

EV (Enterprise Value): 858 593

EBITDA LTM (m RUB): 273 284

EV / LTM EBITDA: 3.1x

Average daily trading volume for the week, RUB mln: 2387.91

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

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