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General information

  • Good financial results growth rate 82.2% (average between last period year over year growth for revenue and EBITDA), there is acceleration compared to average historical growth rates (59.6%)
  • Dividend yield for the last twelve months 2.0%
  • Free cash flow yield -28.3% (LTM)
  • Share price is 44.5% higher than minimum and 12.7% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (7.1x vs
    )
  • Fundamental value created in LTM (estimate)
  • Taking into account the impact of the key rate 14.0% on the change in financial parameters: EBITDA adjustment is -1 895 mln rub as NetDebt * (expected key rate - 3 years average 0.0%) / 2, expected EBITDA adjusted for key rate increases is 19 793 mln rub, expected mult is 7.1x, target mult is 11.5x, potential is +100.2%

Key Financials (Download financials)

Ticker: PRMD
Share price, RUB:  (+0.5%)405.7
year average price 395.04  


year start price 383.50 2025-10-19

max close price 428.10 2026-04-17

min close price 325.30 2026-07-16

current price 405.70 2026-10-18
Common stocks: 212 500 000

Dividend Yield:  2.0%
FCF Yield LTM: -28.3%
EV / LTM EBITDA:[с учетом прогноза: 4.9x]    7.1x
EV / EBITDA annualized: 8.5x
Last revenue growth (y/y):  75.7%
Last growth of EBITDA (y/y):  88.7%
Historical revenue growth:  58.1%
Historical growth of EBITDA:  61.1%
Target EV / EBITDA (hist percentile):
Express share price potential:
Fundamental value created in LTM:
Fundamental value created in LTM:
[с учетом прогноза фин показателей]
 Mult Upside+173.2%
 FCF Creation-38.2%
 Growth+68.6%
 Growth Corr+4.5%
 
 Sum+208.1%
EV / LTM EBITDA mutiple calculation
Market Cap (m RUB): 86 211
Net Debt (m RUB): 46 794
EV (Enterprise Value): 133 005
EBITDA LTM (m RUB): 18 752
Net Income LTM (m RUB): 6 894
EV / LTM EBITDA: 7.1x
Net Debt / LTM EBITDA (if EBITDA > 0): 2.5x
Average daily trading volume for the week, RUB mln: 34
[auto extract] P / E 12.5x
[auto extract] P / E ann-d16.7x
[auto extract] P / B 3.0x
EBITDA margin ann-d 34.2%
Net income margin ann-d 11.4%

Revenue and EBITDA

Quarterly values (m RUB)

Change (y/y)

Cash Flow

FCF (m RUB), before FX effects elimination

Net Debt / Cash and Equivalents (m RUB)

Share price and dividends (Download history)

Share price

Payment RUB per share

Multiple and potential

EV / LTM EBITDA and 50% percentile

Potential dynamics

Daily trade volumes

Millions of RUB

P/B and P/E multipliers

P / B

P / E

MSFO data *The values are shown in mln. The % change shows the difference from the same period last year

View as Pivot Table       Export as Pivot Table (xlsx)



Income


Q Revenue Gross profit Operating income Net income PercentProfit PercentLoss
 
2026 q2 11 399+76% 7 618+91% 3 473+100% 1 294+83% 211+2% -1 865+73%
2026 q1 11 399+76% 7 618+91% 3 473+100% 1 294+83% 211+2% -1 865+73%
2025 q4 12 299+72% 7 146+42% 3 994+49% 2 153+50% 210+52% -1 303+76%
2025 q3 12 299+72% 7 146+42% 3 994+49% 2 153+50% 210+52% -1 303+76%
2025 q2 6 488+37% 3 984+31% 1 740+12% 709+58% 207>+200% -1 078+107%
2025 q1 6 488+169% 3 984>+200% 1 740<-100% 709<-100% 207>+200% -1 078+122%
2024 q4 7 158+58% 5 022+40% 2 689+23% 1 435+15% 138>+200% -739+118%
2024 q3 7 158+58% 5 022+40% 2 689+23% 1 435+15% 138>+200% -739+118%
2024 q2 4 723+33% 3 037+47% 1 552+26% 447-41% 48-6% -521+87%
2024 q1 ( 8709 , 8710 ) 2 411+6% 1 121+37% -34+110% -442+53% 10+8% -486+145%
2023 q4 4 522+17% 3 577+43% 2 189+55% 1 252+19% 42+192% -339>+200%
2023 q3 4 522+17% 3 577+43% 2 189+55% 1 252+19% 42+192% -339>+200%
2023 q2 3 564 2 063 1 236 754 51 -279
2023 q1 2 278 817 -16 -289 9 -199
2022 q4 3 861-40% 2 504-14% 1 412-27% 1 053-28% 14+60% -95+1%
2022 q3 3 861-40% 2 504-15% 1 412-27% 1 053-28% 14+60% -95+1%
2021 q4 6 449+169% 2 924+86% 1 941+106% 1 473+112% 9+61% -94+85%
2021 q3 6 449 2 931 1 941 1 473 9 -94
2020 q4 2 395 1 569 944 695 6 -51


Balance


Implied interest rate for 2026 q2:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (1 865 - 211) * 4 / (46 794 - 7)

Q Total equity Total assets Net debt Implied interest rate NetDebt / LTM EBITDA
 
2026 q2 28 915+38% 84 874+48% 46 794+123% 14.1% 2.50x
2026 q1         1.73x
2025 q4 26 666+36% 70 968+34% 26 052+52% 17.0% 1.67x
2025 q3         1.83x
2025 q2 21 026+75% 57 440+49% 20 958+17% 16.9% 2.08x
2025 q1         1.94x
2024 q4 19 650+51% 53 105+53% 17 118+7% 14.3% 2.15x
2024 q3         2.47x
2024 q2 12 017-8% 38 616+11% 17 954 10.7% 2.86x
2024 q1 ( 8709 , 8710 ) 11 640-10% 35 059+1% 17 515 10.9% 2.65x
2023 q4 13 0050% 34 822+22% 16 056+72% 7.4% 2.38x
2023 q3         2.36x
2023 q2 13 005 34 822     2.34x
2023 q1 13 005 34 822     2.32x
2022 q4 13 061+37% 28 518+52% 9 334+105% 3.4% 1.53x
2022 q3         1.38x
2021 q4 9 509+123% 18 709+65% 4 552 7.5% 0.88x
2021 q3         1.17x
2020 q4 4 273 11 326      


Cashflow


Q Operating cashflow Investing cashflow Financial cashflow
 
2026 q2 -900+142% -1 620+109% 2 274>+200%
2026 q1 -900+142% -1 620+109% 2 274>+200%
2025 q4 213-73% -1 790-22% 1 866-32%
2025 q3 213-73% -1 790-22% 1 866-32%
2025 q2 -371-36% -777-4% 406-82%
2025 q1 -371-58% -777+27% 406-74%
2024 q4 782<-100% -2 299+104% 2 743+147%
2024 q3 782<-100% -2 299+104% 2 743
2024 q2 -577>+200% -809-52% 2 310<-100%
2024 q1 ( 8709 , 8710 ) -894<-100% -613-27% 1 588-53%
2023 q4 -763<-100% -1 125-31% 1 112-19%
2023 q3 -763<-100% -1 125-31%  
2023 q2 -173 -1 681 -512
2023 q1 508 -840 3 396
2022 q4 740+45% -1 640+105% 1 367>+200%
2022 q3 740+45% -1 640+105% 1 367>+200%
2021 q4 511+70% -799+123% 56-83%
2021 q3 511 -799 56
2020 q4 300 -359 337
RSBU data *The values are shown in mln. The % change shows the difference from the same period last year

View as Pivot Table       Export as Pivot Table (xlsx)



Income


Q Revenue Gross profit Operating income Net income PercentProfit PercentLoss
 
2026 q2 ( 15867 , 19491 ) 24 306+97% 10 693>+200% -1 003<-100% 2 783>+200% 43-39% 810+112%
2026 q1 ( 15526 , 19490 ) 14 672+114% 5 430>+200% 941<-100% 152>+200% 106+39% -810+111%
2025 q4 ( 15246 , 19488 )     -28-74% 26<-100% 73-12% 0+13%
2025 q3 ( 15007 , 19487 ) 00% 2 814>+200% -23-94% 36<-100% 73>+200% 814<-100%
2025 q2 ( 15006 , 19486 ) 12 314+100% 2 029<-100% 436<-100% 36-81% 71+24% 383<-100%
2025 q1 ( 15004 , 15005 , 19484 , 19485 ) 6 862+100% 1 692>+200% -496>+200% 26<-100% 76+40% -383>+200%
2024 q4 ( 15003 , 19483 ) 13 352+55% 3 806+159% -110<-100% -14-94% 83-32% 0<-100%
2024 q3 ( 15002 , 19482 ) 0<-100% 189<-100% -410-79% -233<-100% 9-98% 0<-100%
2024 q2 ( 15001 , 19481 ) 0+100% -66<-100% -71<-100% 190<-100% 57<-100% -2<-100%
2024 q1 0<-100% 9<-100% -13-99% -13<-100% 54-47% -1-99%
2023 q4 8 608+87% 1 468+136% 269<-100% -209<-100% 122+117% -276+135%
2023 q3 9 516 -346 -1 975 318 378 -757
2023 q2 -2 626 816 978 -74 -103 179
2023 q1 2 626 -255 -1 015 39 103 -179
2022 q4 4 604 622 -266 165 56 -117


Balance


Implied interest rate for 2026 q1:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (810 - 106) * 4 / (17 938 - 0)

Q Total equity Total assets Net debt
 
2026 q2 ( 15867 , 19491 ) 6 362+26% 6 588+30% -293>+200%
2026 q1 ( 15526 , 19490 ) 6 838+36% 34 930>+200% 17 938<-100%
2025 q4 ( 15246 , 19488 ) 5 127+49% 5 136-79% -16-93%
2025 q3 ( 15007 , 19487 ) 5 101+62% 5 116-74% -1<-100%
2025 q2 ( 15006 , 19486 ) 5 065-58% 5 082-59% -1-99%
2025 q1 ( 15004 , 15005 , 19484 , 19485 ) 5 040+58% 5 064-72% -41<-100%
2024 q4 ( 15003 , 19483 ) 3 441+10% 24 236+46% -223<-100%
2024 q3 ( 15002 , 19482 ) 3 147 19 771 9 931
2024 q2 ( 15001 , 19481 ) 12 094 12 276 -107
2024 q1 3 192 17 891 7 483
2023 q4 3 131 16 562 6 777+36%
2023 q3      
2023 q2      
2023 q1      
2022 q4     4 972
More information for subscribed users:
detailed calculation of
Potential and Created Value,
commodities affecting the company
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