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General information

  • Pretty weak financial results growth rate 3.4% (average between last period year over year growth for revenue and Net Income), there is slowdown compared to average historical growth rates (10.0%)
  • Dividend yield for the last twelve months 25.1%
  • Share price is 11.6% higher than minimum and 46.6% lower than maximum for the last 3 years
  • The company is undervalued by P/E LTM multiple compared to target level (3.5x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials (Download financials)

Ticker: ZAYM
Share price, RUB:  (-1.0%)144.1
year average price 147.94  


year start price 164.90 2024-09-16

max close price 180.60 2024-09-24

min close price 129.15 2024-12-16

current price 145.45 2025-09-15
Common stocks: 100 000 000

Dividend Yield:  25.1%
P / E LTM: 3.5x
P / E annualized: 3.8x
Last revenue growth (y/y):  28.2%
Last growth of Net Income (y/y):  -21.4%
Historical revenue growth:  11.6%
Historical growth of Net Income:  8.5%
Target P/E (hist percentile):
Fundamental value created in LTM:
Fundamental value created in LTM:
 Mult Upside+8.1%
 FCF Creation0.0%
 Growth+3.4%
 Growth Corr-6.7%
 
 Sum+4.8%
P/E mutiple calculation
Market Cap (m RUB): 14 410
Net Profit (m RUB): 4 129
P / E LTM: 3.5x
Average daily trading volume for the week, RUB mln: 9
P / E 3.5x
P / E ann-d3.8x
P / B 1.1x
Рассчитаны в тестовом режиме, annualized:
ROE (Return on equity) 28.8%
ROA (Return on assets) 21.9%

Revenue and Net Income

Quarterly values (m RUB)

Change (y/y)

Share price and dividends (Download history)

Share price

Payment RUB per share

Multiple and potential

EV / LTM Net Income 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

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Income (financial)


формула расчета Revenue = PercentIncomeNet + CommissionIncome
 
Q PercentIncome PercentExpense PercentIncomeNet ReserveForCreditLoss PercentIncomeNetAfterReserve CommissionIncome Revenue CommissionExpense CommissionIncomeNet OperationsWithFinancialInstruments OtherOperatingIncomeNet IncomeNonCoreNet AdministrativeExpense IncomeBeforeTax IncomeTax IncomeNet IncomeNetRegular IncomeNetIrregular
 
2025 q2 5 320+17% -10-44% 5 310+17% -5 504+49% -194<-100% 444>+200% 5 754+25% -85-32% 359<-100% 0+100% -102+34%   -1 814-1% 1 253-14% -308+24% 945-21%    
2025 q1 ( 9814 , 9877 ) 5 019+12% -10-66% 5 009+13% 1 045+62% 6 054+19% 355>+200% 5 364+20% -117+8% 237<-100%       -1 921+7% 1 265+113% -349+159% 916+100%    
2024 q4 4 903+14% -8-82% 4 895+15% -10 366-19% -5 471-36% 323>+200% 5 218+22% -130+18% 193<-100% -1<-100% 82<-100%   -2 321+33% 1 728+58% -510+109% 1 218+43% 1 080+27% -1<-100%
2024 q3 4 677+3% -9-82% 4 668+4% 7 872-24% 12 540-15% 104+57% 4 773+5% -141+15% -36-35% -3<-100% -1-99%   -1 655+21% 1 600-9% -550+17% 1 050-18% 941-26% -1<-100%
2024 q2 4 564-9% -18-67% 4 546-8% -3 684>+200% 862-81% 68+16% 4 615-8% -125+10% -56+4% 0-99% -76-45%   -1 825+15% 1 450-48% -248-56% 1 202-46% 830-63% 0<-100%
2024 q1 4 472-8% -29-49% 4 442-7% 646<-100% 5 089+37% 40-23% 4 482-7% -109-6% -69+7% 0+100% -90-69%   -1 791+48% 594-72% -135-69% 459-73%    
2023 q4 4 289-21% -44-35% 4 245-20% -12 836>+200% -8 591<-100% 46+8% 4 290-20% -110-19% -65-31% 0<-100% -71-17%   -1 742+51% 1 096-41% -243-34% 853-42% 853-43% 0<-100%
2023 q3 ( 7960 , 7961 ) 4 532-15% -52-29% 4 480-15% 10 348<-100% 14 828>+200% 67+115% 4 547-14% -122-12% -56-48% 0+100% -90+112%   -1 367+27% 1 750+7% -470+41% 1 280-2% 1 280-2% 0<-100%
2023 q2 5 011 -55 4 956 -369 4 587 59 5 015 -113 -54 -3 -138   -1 587 2 805 -562 2 243 2 245 -2
2023 q1 4 837 -57 4 781 -1 064 3 717 52 4 833 -117 -65 0 -296   -1 206 2 150 -437 1 713 1 713 0
2022 q4 ( 7962 , 7963 ) 5 405+57% -68+40% 5 337+57% -2 151+90% 3 186+41% 42+80% 5 379+57% -137+6% -94-11% -1<-100% -85>+200%   -1 154+23% 1 851+55% -368+48% 1 483+57% 1 484+57% -1<-100%
2022 q3 5 355 -73 5 282 -2 417 2 865 31 5 313 -138 -107 -1 -42   -1 072 1 641 -334 1 307 1 308 -1
2021 q4 3 442 -49 3 393 -1 131 2 262 23 3 416 -129 -106 0 -17   -942 1 197 -249 947 947 0


Balance


Q Total equity Total assets PortfolioCredit PortfolioBonds Deposits
 
2025 q2 13 127+4% 17 302+19% 14 606+15%    
2025 q1 ( 9814 , 9877 ) 13 552+14% 16 361+18% 14 479+16%    
2024 q4 12 637+6% 16 464+5% 13 242+5%    
2024 q3 12 469 15 809 13 072+4%    
2024 q2 12 621+6% 14 576-7% 12 688+1%    
2024 q1 11 8770% 13 923-11% 12 434-1%    
2023 q4 11 918+4% 15 611+1% 12 6150%    
2023 q3 ( 7960 , 7961 )     12 615    
2023 q2 11 918 15 611 12 615    
2023 q1 11 918 15 611 12 615    
2022 q4 ( 7962 , 7963 ) 11 427+48% 15 395+38% 12 667+33%    
2022 q3          
2021 q4 7 706 11 121 9 498    


Cashflow


Q Operating cashflow Investing cashflow Financial cashflow
 
2025 q2 658-29% 182<-100% 1 061+100%
2025 q1 ( 9814 , 9877 ) -129-79% -188>+200% -1 031<-100%
2024 q4 1 304-49% -9+52% 121>+200%
2024 q3 1 372+26% -69>+200% -90<-100%
2024 q2 920-50% -32>+200% 0<-100%
2024 q1 -607<-100% -2-61% 100>+200%
2023 q4 2 563+40% -60% 30-93%
2023 q3 ( 7960 , 7961 ) 1 092>+200% -3-61% 15-95%
2023 q2 1 828 -9 30
2023 q1 1 171 -5 23
2022 q4 ( 7962 , 7963 ) 1 835+94% -6-63% 409+90%
2022 q3 250 -8 309
2021 q4 947 -16 215
RSBU data *The values are shown in mln RUB The % change shows the difference from the same period last year

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Income


Q Revenue Net income
 
2025 q2   914+23%
2025 q1   639-25%
2024 q4   1 318-19%
2024 q3    
2024 q2   743-58%
2024 q1 ( 8515 , 8596 )   848
2023 q4   1 631
2023 q3    
2023 q2   1 783
2023 q1    
2022 q4 ( 7955 , 7956 )    
2022 q3    
2022 q2    
2022 q1    
2021 q4    
2021 q3    
2021 q1    
2020 q4    
2020 q3    
2020 q1    
2019 q4    
2018 q4    


Balance


Q Total equity Total assets PortfolioCredit PortfolioBonds Deposits
 
2025 q2 7 076+9%        
2025 q1 7 533        
2024 q4 6 894        
2024 q3 6 812        
2024 q2 6 510        
2024 q1 ( 8515 , 8596 )          
2023 q4          
2023 q3          
2023 q2          
2023 q1          
2022 q4 ( 7955 , 7956 )          
2022 q3          
2022 q2          
2022 q1          
2021 q4          
2021 q3          
2021 q1          
2020 q4          
2020 q3          
2020 q1          
2019 q4          
2018 q4          
More information for subscribed users:
detailed calculation of
Potential and Created Value,
commodities affecting the company