Enhanced Investments - Financial Portal

General information

Good financial results growth rate 24.8% (average between last period year over year growth for revenue and Net Income), there is acceleration compared to average historical growth rates (7.5%)
Dividend yield for the last twelve months 14.0%
Share price is 14.0% higher than minimum and 45.5% lower than maximum for the last 3 years
The company is undervalued by P/E LTM multiple compared to target level (3.3x vs
)
Fundamental value created in LTM (estimate)
Taking into account the impact of the key rate 16.5% on the change in financial parameters: EBITDA adjustment is 17 mln rub as NetDebt * (expected key rate - 3 years average 14.3%) / 2, expected EBITDA adjusted for key rate increases is 4 617 mln rub, expected mult is 3.1x, target mult is 3.7x, potential is +19.2%

Key Financials (Download financials)

Ticker: ZAYM

Share price, RUB: (-1.1%)147.25

year average price 144.94

year start price 141.00 2024-11-05

min close price 129.15 2024-12-16

max close price 157.50 2025-03-20

current price 147.25 2025-11-04

Common stocks: 100 000 000

Dividend Yield: 14.0%

P / E LTM: 3.3x

P / E annualized: 2.7x

Last revenue growth (y/y): 18.5%

Last growth of Net Income (y/y): 31.0%

Historical revenue growth: 8.2%

Historical growth of Net Income: 6.8%

Target P/E (hist percentile):

Express share price potential:

Fundamental value created in LTM:

Потенциал с учетом ускорения/замедления

	Mult Upside	+12.7%
	FCF Creation	0.0%
	Growth	+24.8%
	Growth Corr	+8.6%

	Sum	+46.2%

P/E mutiple calculation

Market Cap (m RUB): 14 725

Net Profit (m RUB): 4 455

P / E LTM: 3.3x

Average daily trading volume for the week, RUB mln: 201

P / E 3.3x

P / E ann-d2.7x

P / B 1.0x

Рассчитаны в тестовом режиме, annualized:

ROE (Return on equity) 37.9%

ROA (Return on assets) 30.0%

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. The % change shows the difference from the same period last year

View as Pivot Table Export as Pivot Table (xlsx)

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 q3 ( 14757 , 14762 )	5 308+13%	-47>+200%	5 260+13%	-2 071+51%	3 189-3%	673>+200%	5 933+24%	-74-47%	599<-100%	1<-100%	-229>+200%	-1 544-7%	1 888+18%	-512-7%	1 376+31%	1 079+15%	0<-100%
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%	-1 374<-100%	3 295-78%	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 q3 ( 14757 , 14762 )	14 503+16%	18 358+16%	13 914+6%	321	791
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 q3 ( 14757 , 14762 )	2 770+102%	-246>+200%	-1 295>+200%
2025 q2	658-29%	-398<-100%	-9-99%
2025 q1 ( 9814 , 9877 )	-129-79%	-188>+200%	-1 031+1%
2024 q4	1 304-49%	-142<-100%	-1 207-41%
2024 q3	1 372+26%	-69-5%	-90-96%
2024 q2	920-50%	22+20%	-721-42%
2024 q1	-607<-100%	-18-86%	-1 017+10%
2023 q4	2 563+144%	14<-100%	-2 054>+200%
2023 q3 ( 7960 , 7961 )	1 092>+200%	-73>+200%	-2 022>+200%
2023 q2	1 828	19	-1 235
2023 q1	1 171	-132	-928
2022 q4 ( 7962 , 7963 )	1 049<-100%	-32-48%	-657<-100%
2022 q3	250	-16	-333
2021 q4	-21	-62	165

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	Net income


2025 q3		1 561+4%
2025 q2 ( 12233 , 13373 )		914+23%
2025 q1 ( 9748 , 13374 )		639-25%
2024 q4		1 318-19%
2024 q3		1 504
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 q3
2025 q2 ( 12233 , 13373 )	7 076+9%
2025 q1 ( 9748 , 13374 )	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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.