Financials Irkutskof Energetics and Electrification

Equities

IRGZ

RU0008960828

Electric Utilities

Delayed Moscow Micex - RTS 10:39:49 2022-02-21 am EST 5-day change 1st Jan Change
14.02 RUB -1.13% Intraday chart for Irkutskof Energetics and Electrification -.--% -.--%

Valuation

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Capitalization 1 69,403 78,470 67,470 63,880 55,141 72,473
Enterprise Value (EV) 1 149,074 162,485 149,209 139,601 238,251 262,064
P/E ratio 4.71 x 3.81 x 7.96 x 5.81 x 41.6 x 69.3 x
Yield - - - - - -
Capitalization / Revenue 0.52 x 0.57 x 0.56 x 0.54 x 0.48 x 0.55 x
EV / Revenue 1.11 x 1.19 x 1.24 x 1.19 x 2.07 x 1.99 x
EV / EBITDA 5.1 x 4.48 x 6.26 x 5.59 x 10.5 x 11.8 x
EV / FCF 12.4 x 13.8 x -328 x 123 x -71.2 x 21.5 x
FCF Yield 8.07% 7.26% -0.31% 0.81% -1.4% 4.65%
Price to Book 1.76 x 1.27 x 0.96 x 0.78 x 0.61 x 0.63 x
Nbr of stocks (in thousands) 4,602,319 4,602,319 4,602,319 4,602,319 4,761,722 4,761,722
Reference price 2 15.08 17.05 14.66 13.88 11.58 15.22
Announcement Date 4/19/17 4/25/19 4/25/19 4/27/20 4/27/21 3/1/22
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net sales 1 134,479 136,974 120,407 117,253 115,076 131,829
EBITDA 1 29,238 36,231 23,847 24,976 22,618 22,253
EBIT 1 23,415 30,603 18,164 19,316 16,951 16,525
Operating Margin 17.41% 22.34% 15.09% 16.47% 14.73% 12.54%
Earnings before Tax (EBT) 1 20,393 29,255 13,089 16,659 5,596 4,605
Net income 1 15,047 21,327 8,768 11,373 1,324 1,046
Net margin 11.19% 15.57% 7.28% 9.7% 1.15% 0.79%
EPS 2 3.204 4.480 1.842 2.389 0.2781 0.2195
Free Cash Flow 1 12,030 11,792 -455.4 1,137 -3,347 12,199
FCF margin 8.95% 8.61% -0.38% 0.97% -2.91% 9.25%
FCF Conversion (EBITDA) 41.15% 32.55% - 4.55% - 54.82%
FCF Conversion (Net income) 79.95% 55.29% - 10% - 1,166.24%
Dividend per Share - - - - - -
Announcement Date 4/19/17 4/25/19 4/25/19 4/27/20 4/27/21 3/1/22
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net Debt 1 79,671 84,015 81,739 75,721 183,110 189,591
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.725 x 2.319 x 3.428 x 3.032 x 8.096 x 8.52 x
Free Cash Flow 1 12,030 11,792 -455 1,137 -3,347 12,199
ROE (net income / shareholders' equity) 39.3% 41.6% 13.6% 15.5% 2.23% 1.08%
ROA (Net income/ Total Assets) 10.5% 11.6% 6.24% 6.25% 4.14% 3.07%
Assets 1 142,895 183,134 140,448 182,076 32,018 34,084
Book Value Per Share 2 8.580 13.40 15.20 17.90 19.00 24.10
Cash Flow per Share 2 0.5400 0.3200 0.6400 1.000 1.450 2.550
Capex 1 5,860 4,340 4,856 8,683 11,130 16,617
Capex / Sales 4.36% 3.17% 4.03% 7.41% 9.67% 12.6%
Announcement Date 4/19/17 4/25/19 4/25/19 4/27/20 4/27/21 3/1/22
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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