Financials Interregional Distribution Grid Company of Siberia

Equities

MRKS

RU000A0JPPF0

Electric Utilities

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
0.2685 RUB +0.94% Intraday chart for Interregional Distribution Grid Company of Siberia -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 9,719 29,298 36,267 33,138 25,458 25,458
Enterprise Value (EV) 1 41,179 65,675 75,286 74,628 65,382 68,226
P/E ratio 22.6 x 65.9 x -136 x 50.1 x -144 x -9.09 x
Yield - - - - - -
Capitalization / Revenue 0.17 x 0.5 x 0.63 x 0.55 x 0.39 x 0.37 x
EV / Revenue 0.72 x 1.11 x 1.3 x 1.23 x 1.01 x 0.98 x
EV / EBITDA 5.11 x 9.14 x 8.33 x 8.99 x 7.81 x 10.8 x
EV / FCF -13.1 x -14.9 x 22.6 x -23.4 x -106 x -23.2 x
FCF Yield -7.64% -6.7% 4.42% -4.27% -0.94% -4.31%
Price to Book 0.58 x 1.71 x 2.1 x 1.85 x 1.43 x 1.71 x
Nbr of stocks (in thousands) 94,815,163 94,815,163 94,815,163 94,815,163 94,815,163 94,815,163
Reference price 2 0.1025 0.3090 0.3825 0.3495 0.2685 0.2685
Announcement Date 3/21/19 3/10/20 3/11/21 3/18/22 3/24/23 3/18/24
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 57,051 59,119 57,805 60,719 64,752 69,344
EBITDA 1 8,061 7,189 9,043 8,304 8,368 6,292
EBIT 1 4,203 2,801 4,208 3,178 4,050 228.4
Operating Margin 7.37% 4.74% 7.28% 5.23% 6.25% 0.33%
Earnings before Tax (EBT) 1 1,078 723.8 328.4 749.8 -554.9 -3,515
Net income 1 429.4 468.6 -280 696.3 -186.6 -2,949
Net margin 0.75% 0.79% -0.48% 1.15% -0.29% -4.25%
EPS 2 0.004528 0.004691 -0.002803 0.006971 -0.001868 -0.0295
Free Cash Flow 1 -3,146 -4,400 3,328 -3,189 -614 -2,939
FCF margin -5.51% -7.44% 5.76% -5.25% -0.95% -4.24%
FCF Conversion (EBITDA) - - 36.81% - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/21/19 3/10/20 3/11/21 3/18/22 3/24/23 3/18/24
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 31,460 36,377 39,019 41,490 39,924 42,768
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.903 x 5.06 x 4.315 x 4.997 x 4.771 x 6.797 x
Free Cash Flow 1 -3,146 -4,400 3,328 -3,189 -614 -2,939
ROE (net income / shareholders' equity) 2.51% 2.82% -1.06% 3.99% -1.05% -18.1%
ROA (Net income/ Total Assets) 4.14% 2.53% 3.58% 2.63% 3.19% 0.17%
Assets 1 10,383 18,528 -7,819 26,462 -5,850 -1,721,813
Book Value Per Share 2 0.1800 0.1800 0.1800 0.1900 0.1900 0.1600
Cash Flow per Share 2 0 0.0100 0 0.0100 0.0200 0.0200
Capex 1 12,715 10,716 6,685 8,401 6,371 11,207
Capex / Sales 22.29% 18.13% 11.56% 13.84% 9.84% 16.16%
Announcement Date 3/21/19 3/10/20 3/11/21 3/18/22 3/24/23 3/18/24
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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