Try our mobile app

General information

  • Bad financial results growth rate -70.5% (average between last period year over year growth for revenue and EBITDA), there is slowdown compared to average historical growth rates (-21.0%)
  • Dividend yield for the last twelve months 11.9%
  • Free cash flow yield -16.3% (LTM)
  • Share price is 240.2% higher than minimum and 56.3% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (11.0x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials (Download financials)

Ticker: SVAV
Share price, RUB:  (-0.8%)588.5
year average price 706.22  


year start price 791.00 2024-09-19

max close price 841.00 2024-10-15

min close price 580.00 2024-12-16

current price 589.00 2025-09-18
Common stocks: 31 490 000
Dividend Yield:  11.9%
FCF Yield LTM: -16.3%
EV / LTM EBITDA:11.0x
EV / EBITDA annualized: 181.4x
Last revenue growth (y/y):  -42.2%
Last growth of EBITDA (y/y):  -98.9%
Historical revenue growth:  -7.6%
Historical growth of EBITDA:  -34.5%
Target EV / EBITDA (hist percentile):
Fundamental value created in LTM:
Fundamental value created in LTM:
 Mult Upside-61.4%
 FCF Creation-16.3%
 Growth-70.5%
 Growth Corr-49.5%
 
 Sum-197.7%
EV / LTM EBITDA mutiple calculation
Market Cap (m RUB): 18 532
Net Debt (m RUB): -1 119
EV (Enterprise Value): 17 413
EBITDA LTM (m RUB): 1 582
Net Income LTM (m RUB): 905
EV / LTM EBITDA: 11.0x
Net Debt / LTM EBITDA (if EBITDA > 0): -0.7x
Average daily trading volume for the week, RUB mln: 29
P / E 20.5x
P / B 0.9x
EBITDA margin ann-d 0.2%
Net income margin ann-d -4.8%

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

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 H1 25 517-42% 5 246-40% 48-98% -1 227<-100% 383  
2024 H2 47 616-4% 7 852-15% 42-99% 2 132-40% 916  
2024 H1 44 145+35% 8 751+37% 2 806+4% 1 601+16%   -452-15%
2023 H2 ( 8592 , 9039 ) 49 588+43% 9 246-17% 4 178-56% 3 559-41%   -2180%
2023 H1 ( 6804 , 8627 , 9038 ) 32 701+25% 6 375+43% 2 707<-100% 1 375<-100%   -530-69%
2022 H2 34 791-37% 11 163+29% 9 463+154% 6 035+62%   -218-10%
2022 H1 26 200-29% 4 458-24% -2 578<-100% -1 101<-100% 1 695>+200% -1 695>+200%
2021 H2 54 897+28% 8 647+66% 3 724<-100% 3 725<-100% 58 121 -241-85%
2021 H1 36 812+59% 5 898+61% 1 622<-100% 820<-100% 2750% -2750%
2020 H2 42 8450% 5 215+12% -21<-100% -687<-100%   -1 586>+200%
2020 H1 23 140+53% 3 664+2% -496<-100% -1 058>+200% 275-99% -275-74%
2019 H2 42 732+69% 4 673+158% 1 254<-100% 1 485<-100%   -339-30%
2019 H1 15 107+7% 3 5890% 1 086+161% -136<-100% 31 865 -1 058+103%
2018 H2 25 347+28% 1 810-51% -1 439<-100% -397<-100%   -485+45%
2018 H1 14 132-12% 3 581+4% 416-59% 443-23%   -522+106%
2017 H2 19 752-11% 3 699-2% 776-19% 424-73%   -334+153%
2017 H1 16 012+19% 3 445-1% 1 012-23% 575>+200%   -254+137%
2016 H2 22 195-2% 3 777-21% 953-46% 1 567-28%   -132-82%
2016 H1 13 426-14% 3 493+10% 1 316+6% 34-96%   -107-72%
2015 H2 22 659-7% 4 793+15% 1 777+45% 2 175<-100%   -753-51%
2015 H1 15 690-34% 3 184-21% 1 240-47% 938>+200%   -382-7%
2014 H2 24 311-28% 4 161-28% 1 225-53% -3 992<-100%   -1 537>+200%
2014 H1 23 596-14% 4 036-28% 2 336-11% 256-85%   -411-39%
2013 H2 ( 2381 , 2382 ) 33 899-2% 5 815-22% 2 626-31% 1 887-42%   -472+179%
2013 H1 27 418-97% 5 624-97% 2 615-98% 1 691-98%   -672-97%
2012 H2 34 582<-100% 7 463<-100% 3 806<-100% 3 272<-100%   -169<-100%
2012 H1 948 925+5% 202 581+22% 105 382+84% 79 948>+200%   -19 642-12%
2011 H2 -833 112<-100% -153 840<-100% -48 625<-100% -20 969>+200%   19 949<-100%
2011 H1 902 643 166 052 57 134 25 663   -22 230
2010 H2 27 633 4 476 1 134 -621   -1 497


Balance


Implied interest rate for 2023 H2:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (218 - 0) * 2 / (10 646 - 9 012)

Q Total equity Total assets Net debt Implied interest rate NetDebt / LTM EBITDA
 
2025 H1 21 571-6% 90 656+7% -1 119-79%   -0.71x
2024 H2 25 002+4% 78 239+11% 15 013+41%   2.61x
2024 H1 22 870+11% 84 340+16% -5 445<-100%   -0.81x
2023 H2 ( 8592 , 9039 ) 24 071 70 611 10 646 26.7% 0.45x
2023 H1 ( 6804 , 8627 , 9038 ) 20 512-22% 72 509+29% 10 659+13% 64.2% 1.25x
2022 H2         0.91x
2022 H1 26 217+7% 56 200-17% 9 398-22%   0.62x
2021 H2 27 730+10% 72 242+7% 4 161-60%   0.49x
2021 H1 24 554-5% 67 524+10% 12 055-9%   2.42x
2020 H2 25 231-6% 67 551+4% 10 275+16% 190.1% 3.94x
2020 H1 25 918+38% 61 312+31% 13 189+162%   3.06x
2019 H2 26 976+42% 64 958+28% 8 840+62% 110.4% 1.77x
2019 H1 18 833-98% 46 794-98% 5 041-99% -1 315.7% 4.37x
2018 H2 18 9690% 50 612+15% 5 464-39% 17.8% 12.40x
2018 H1 1 218 993+11% 2 637 470+17% 504 482+43% 0.2% 3.10x
2017 H2 18 977-98% 43 852-98% 8 949-97% 7.9% 2.85x
2017 H1 1 093 328>+200% 2 255 369>+200% 352 166>+200% 0.2% 1.88x
2016 H2 1 101 557>+200% 2 524 611>+200% 318 249>+200% 0.1% 1.55x
2016 H1 16 411+16% 35 904+2% 4 572-38% 5.2% 1.08x
2015 H2 16 377-98% 34 368-99% 5 998-98% 27.2% 1.44x
2015 H1 14 201-24% 35 213-18% 7 403-29% 11.0% 2.12x
2014 H2 797 279+17% 2 439 223+66% 386 082+37% 1.0% 1.43x
2014 H1 18 677-6% 42 839-9% 10 364-32% 13.1% 1.69x
2013 H2 ( 2381 , 2382 ) 682 284+12% 1 465 354+4% 281 570-38% 0.8% 1.34x
2013 H1 19 789-96% 47 223-97% 15 160-97% 18.7% 4.86x
2012 H2 607 533+40% 1 411 047-11% 456 016-29% 0.1%  
2012 H1 530 651 1 508 924 598 830 10.3%  
2011 H2 435 354 1 576 899 644 134    
2011 H1          
2010 H2          


Cashflow


Q Operating cashflow Investing cashflow Financial cashflow
 
2025 H1 21 377-6% -3 066+29% -72+71%
2024 H2 -16 824<-100% -3 633<-100% -61+79%
2024 H1 22 674<-100% -2 372-35% -42-64%
2023 H2 ( 8592 , 9039 ) 3 458<-100% 216<-100% -34-55%
2023 H1 ( 6804 , 8627 , 9038 ) -123-96% -3 673+94% -118+71%
2022 H2 -598<-100% -1 729-13% -76+17%
2022 H1 -2 866<-100% -1 898<-100% -69+11%
2021 H2 9 053+7% -1 985-58% -65+141%
2021 H1 514<-100% 702-67% -62>+200%
2020 H2 8 452>+200% -4 735-3% -27-37%
2020 H1 -6 291<-100% 2 114-47% -13<-100%
2019 H2 1 493-71% -4 901>+200% -43<-100%
2019 H1 1 791+66% 3 960<-100% 1 453+100%
2018 H2 5 162<-100% -539-29% 0<-100%
2018 H1 1 081+154% -446-11% 0<-100%
2017 H2 -990-61% -761-34% 14 249+86%
2017 H1 426-83% -499+22% 6 594-26%
2016 H2 -2 558>+200% -1 160+63% 7 664-24%
2016 H1 2 438>+200% -410-31% 8 870+16%
2015 H2 -766<-100% -712+29% 10 073-7%
2015 H1 781+136% -594-29% 7 678+76%
2014 H2 3 267-32% -554-69% 10 818+9%
2014 H1 331-76% -832<-100% 4 351-17%
2013 H2 ( 2381 , 2382 ) 4 784+3% -1 811+86% 9 917>+200%
2013 H1 1 379-99% 649>+200% 5 224+23%
2012 H2 4 656-87% -973<-100% 2 759<-100%
2012 H1 108 538>+200% 56<-100% 4 236-92%
2011 H2 36 661>+200% 2 056<-100% -42 554<-100%
2011 H1 8 182 -3 204 56 075
2010 H2 2 251 -1 277 5 598
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 ( 12223 , 12227 ) 122+9% 122+9% -73>+200% 749-86% 207>+200% -7-88%
2025 q1 ( 9792 , 9807 , 9808 ) 122+9% 122+9% -348-8% 3 185<-100% 205>+200% -45-27%
2024 q4 113+58% 113+58% -96-5% 1 085+33% 177>+200% -165+160%
2024 q3 111+57% 111+57% -69-34% -81-51% 137>+200% -144+126%
2024 q2 111+57% 111+57% -5-91% 5 236>+200% 40<-100% -60>+200%
2024 q1 111+57% 111+57% -377+47% -349+76% 50+49% -61>+200%
2023 q4 ( 7843 , 9037 ) 72+34% 72+34% -101-9% 816+8% 1+90% -63>+200%
2023 q3 71>+200% 71>+200% -105-31% -167>+200% 1-38% -64<-100%
2023 q2 71>+200% 71>+200% -58-30% 158<-100% -15<-100% -10>+200%
2023 q1 71>+200% 71>+200% -257+26% -198<-100% 34>+200% -1-68%
2022 q4 54>+200% 54>+200% -111-52% 753+42% 1+38% -3-87%
2022 q3 11-29% 10-30% -151+37% -55-60% 1 2<-100%
2022 q2 11-26% 11-26% -83-30% -512<-100% 7 -2-92%
2022 q1 10-31% 10-31% -204+19% 68-83% 3 -3-93%
2021 q4 15+44% 15+68% -230+26% 532<-100% 1-40% -25-36%
2021 q3 15 15 -111 -140   -28
2021 q2 15 15 -119 365   -19
2021 q1 15 15 -171 404   -38
2020 q4 11 9 -183 -199 1 -40
2020 q3            


Balance


Implied interest rate for 2024 q4:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (165 - 177) * 4 / (38 - 0)

Q Total equity Total assets Net debt
 
2025 q2 ( 12223 , 12227 ) 19 4830% 20 164-13% -2 676<-100%
2025 q1 ( 9792 , 9807 , 9808 ) 20 938+46% 21 503+21% -4 089<-100%
2024 q4 17 752+21%   38-97%
2024 q3 16 667+25% 20 502+22% -328<-100%
2024 q2 19 551+31% 23 114+27% 1 731+56%
2024 q1 14 315-2% 17 845+20% 1 871<-100%
2023 q4 ( 7843 , 9037 ) 14 664-1% 18 154+21% 1 469<-100%
2023 q3 13 300-6% 16 846+18% 2 810<-100%
2023 q2 14 896+5% 18 212+25% 1 108<-100%
2023 q1 14 574+2% 14 812+3% -1 337>+200%
2022 q4 14 781+1% 15 0150% -1 581>+200%
2022 q3 14 087-3% 14 236-5% -8-93%
2022 q2 14 143-3% 14 516-3% -247+122%
2022 q1 14 219-2% 14 352-4% -78-30%
2021 q4 14 563+6% 15 024-8% -111<-100%
2021 q3 14 563 15 024 -111<-100%
2021 q2 14 563 15 024 -111
2021 q1 14 563 15 024 -111
2020 q4 13 801 16 391 1 872
2020 q3     1 872
More information for subscribed users:
detailed calculation of
Potential and Created Value,
commodities affecting the company