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General information

Ozon Holdings PLC operates as a holding company. The Company, through its subsidiaries, develops an online marketplace connecting buyers and sellers of merchandise in Russia.
  • Good financial results growth rate 43.3% (average between last period year over year growth for revenue and EBITDA), there is slowdown compared to average historical growth rates (69.1%)
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield -11.6% (LTM)
  • Share price is 322.7% higher than minimum and 8.4% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (14.3x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials (Download financials)

Ticker: OZON
Share price, RUB:  (-2.2%)4281.5
year average price 3601  


year start price 3290 2024-09-15

min close price 2494 2024-12-19

max close price 4477 2025-08-19

current price 4282 2025-09-14
Common stocks: 208 200 000

Dividend Yield:  0.0%
FCF Yield LTM: -11.6%
EV / LTM EBITDA:14.3x
EV / EBITDA annualized: 8.5x
Target EV / EBITDA (hist percentile):
Fundamental value created in LTM:
Fundamental value created in LTM:
 Mult Upside+220.2%
 FCF Creation-11.6%
 Growth+93.3%
 Growth Corr+12.1%
 
 Sum+314.0%
EV / LTM EBITDA mutiple calculation
Market Cap (m RUB): 891 408
Net Debt (m RUB): 308 876
EV (Enterprise Value): 1 200 284
EBITDA LTM (m RUB): 84 218
Net Income LTM (m RUB): -30 013
EV / LTM EBITDA: 14.3x
Net Debt / LTM EBITDA (if EBITDA > 0): 3.7x
Average daily trading volume for the week, RUB mln: 364
P / E ann-d620.8x
EBITDA margin ann-d 15.5%
Net income margin ann-d 0.2%

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

EV / Sales

   and 50% percentile

Daily trade volumes

Millions of RUB

P/B and P/E multipliers

P / B

P / E

MSFO data *The values are shown in mln RUB 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
 
2025 q2 227 624+87% 57 475>+200% 20 346<-100% 359<-100%   -17 348+26%
2025 q1 227 624+48% 57 475+112% 20 346>+200% 359<-100%   -17 348+26%
2024 q4 217 148+70% 28 593+96% -923-83% -15 366>+200%   -8 624>+200%
2024 q3 217 148+70% 28 593+96% -923-83% -15 366>+200%   -8 624>+200%
2024 q2 121 960+30% 15 572+59% -13 128+52% -27 971+114%   -13 725+172%
2024 q1 153 693+41% 27 127>+200% 5 466<-100% -740-97%   -13 725
2023 q4 127 914+37% 14 607 -5 285 -3 762>+200% 506 -121-97%
2023 q3 127 914 14 607 -5 285 -3 762>+200% 506 -121
2023 q2 94 164 9 807 -8 629 -13 087 9 101 -5 053
2023 q1 108 963>+200% 5 421>+200% -13 556<-100% -22 055<-100%    
2022 q4 93 626     -197<-100%   -4 210
2022 q3       -197    
2022 q1 32 43 1 279 0    
2021 q4       1 022    


Balance


Implied interest rate for 2025 q2:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (17 348 - 0) * 4 / (278 108 - 0)

Q Total equity Total assets Net debt Implied interest rate NetDebt / LTM EBITDA
 
2025 q2 -140 307+36% 1 066 737+96% 278 108+36% 25.0% 3.67x
2025 q1         6.23x
2024 q4 -132 500+99% 890 006+87% -18 505<-100%   9.60x
2024 q3         19.83x
2024 q2 -103 203 544 394 204 462 26.9%  
2024 q1 -101 444+31% 693 964+35% 93 720-15% 58.6%  
2023 q4 -66 577 476 026 120 075 -1.3%  
2023 q3          
2023 q2          
2023 q1 -77 715 515 216 110 883    
2022 q4          
2022 q3          
2022 q1          
2021 q4          


Cashflow


Q Operating cashflow Investing cashflow Financial cashflow
 
2025 q2      
2025 q1      
2024 q4 132 329+143% -25 987+184% 84 336<-100%
2024 q3 132 329+143% -25 987+184% 84 336<-100%
2024 q2 21 685+101% -14 297+114% -53 056<-100%
2024 q1 21 685<-100% -14 297>+200% 64 556>+200%
2023 q4 54 461<-100% -9 147+3% -3 897<-100%
2023 q3 54 461 -9 147 -3 897
2023 q2 10 787 -6 681 6 367
2023 q1 -1 752 -4 500 16 033
2022 q4 -2 532 -8 856 4 599
2022 q3      
2022 q1      
2021 q4      
More information for subscribed users:
detailed calculation of
Potential and Created Value,
commodities affecting the company