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General information

  • Bad financial results growth rate -29.0% (average between last period year over year growth for revenue and EBITDA), there is slowdown compared to average historical growth rates (20.5%)
  • Dividend yield for the last twelve months 1.4%
  • Free cash flow yield 1.2% (LTM)
  • Share price is 110.7% higher than minimum and 11.9% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (7.3x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials (Download financials)

Ticker: OZPH
Share price, RUB:  (-0.1%)55.22
year average price 46.29  


year start price 35.00 2024-10-16

min close price 26.21 2024-11-27

max close price 62.70 2025-02-21

current price 55.28 2025-09-17
Common stocks: 1 000 000 000

Dividend Yield:  1.4%
FCF Yield LTM: 1.2%
EV / LTM EBITDA:7.3x
EV / EBITDA annualized: 7.2x
Last revenue growth (y/y):  -18.4%
Last growth of EBITDA (y/y):  -39.5%
Historical revenue growth:  16.6%
Historical growth of EBITDA:  24.4%
Target EV / EBITDA (hist percentile):
Fundamental value created in LTM:
Fundamental value created in LTM:
 Mult Upside-11.1%
 FCF Creation+1.2%
 Growth-29.0%
 Growth Corr-49.5%
 
 Sum-88.3%
EV / LTM EBITDA mutiple calculation
Market Cap (m RUB): 55 220
Net Debt (m RUB): 7 296
EV (Enterprise Value): 62 516
EBITDA LTM (m RUB): 8 559
Net Income LTM (m RUB): 3 463
EV / LTM EBITDA: 7.3x
Net Debt / LTM EBITDA (if EBITDA > 0): 0.9x
Average daily trading volume for the week, RUB mln: 104
P / E 15.9x
P / E ann-d19.2x
P / B 1.9x
EBITDA margin ann-d 33.8%
Net income margin ann-d 11.2%

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

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 6 409-4% 2 541-18% 1 740-15% 719-37% 143<-100% -950+52%
2025 q1 6 855+45% 3 214+74% 2 207+70% 993+28% 176+28% -1 093+129%
2024 q4 ( 9564 , 11492 ) 7 425+24% 3 050+41% 1 985+39% 1 198+37% 138+57% -535+30%
2024 q3 5 563-5% 2 561-20% 1 448-44% 553-71% 8-96% -751+122%
2024 q2 6 692+73% 3 086+118% 2 050+187% 1 144>+200% -13<-100% -623+79%
2024 q1 4 722 1 844 1 298 776 137 -478
2023 q4 5 997+4% 2 169-8% 1 427+4% 873-4% 88+66% -411+20%
2023 q3 5 846 3 191 2 578 1 934 208 -338
2023 q2 3 865 1 418 715 324 43 -348
2022 q4 5 765 2 369 1 376 913 53 -344


Balance


Implied interest rate for 2025 q2:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (950 - 143) * 4 / (7 296 - 0)

Q Total equity Total assets Net debt Implied interest rate NetDebt / LTM EBITDA
 
2025 q2 29 106+30% 50 345+31% 7 296-11% 44.2% 0.85x
2025 q1 26 331 49 636 18 997 19.3% 1.90x
2024 q4 ( 9564 , 11492 ) 25 337+48% 49 543+45% 10 167-25% 15.6% 1.12x
2024 q3 22 936 40 793 10 097 29.4% 0.86x
2024 q2 22 384 38 441 8 210   0.77x
2024 q1         1.09x
2023 q4 17 118 34 119 13 478 9.6% 1.22x
2023 q3         1.34x
2023 q2         1.46x
2022 q4         1.64x


Cashflow


Q Operating cashflow Investing cashflow Financial cashflow
 
2025 q2 2 342-50% -325-16% 1 254-69%
2025 q1 420-82%    
2024 q4 ( 9564 , 11492 ) -877-63% -702>+200%  
2024 q3 -356<-100%   1 711<-100%
2024 q2 4 722+129% -385>+200% 4 083>+200%
2024 q1 2 341 -667 -1 799
2023 q4 -2 379<-100% -128-9% 5 203>+200%
2023 q3 1 609 -260 -1 570
2023 q2 2 061 -86 984
2022 q4 23 -141 1 590
RSBU 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 905>+200% 695>+200% 589>+200% 592>+200% 28 -5>+200%
2025 q1 710-41% 452-62% 389-68% 428-64% 81 -5>+200%
2024 q4 1 279>+200% 1 065>+200% 993>+200% 689>+200% 22 -5>+200%
2024 q3 409+18% 347+1% 321-7% 302-11%   -3>+200%
2024 q2 31 21 19 9   0
2024 q1 1 206 1 202 1 201 1 201   0
2023 q4 8 4 4 4   0
2023 q3 346 343 343 338   0


Balance


Implied interest rate for 2024 q3:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (3 - 0) * 4 / (549 - 0)

Q Total equity Total assets Net debt
 
2025 q2 5 882 6 476 -310
2025 q1 5 884 6 224 -756
2024 q4 5 455 5 950 -1 898<-100%
2024 q3 1 514 2 648 549
2024 q2      
2024 q1      
2023 q4     452
2023 q3      
More information for subscribed users:
detailed calculation of
Potential and Created Value,
commodities affecting the company