Financials M.video

Equities

MVID

RU000A0JPGA0

Computer & Electronics Retailers

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
202 RUB +0.75% Intraday chart for M.video -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 72,895 92,203 126,588 78,042 36,033 36,033
Enterprise Value (EV) 1 107,066 205,334 247,824 219,646 174,835 170,591
P/E ratio 8.53 x 12.9 x 19.4 x 32.9 x -3.5 x -5.45 x
Yield - 12.2% 5.34% 8% - -
Capitalization / Revenue 0.23 x 0.25 x 0.3 x 0.16 x 0.09 x 0.08 x
EV / Revenue 0.33 x 0.56 x 0.59 x 0.46 x 0.43 x 0.39 x
EV / EBITDA 5.76 x 7.18 x 8.97 x 15.6 x 14.1 x 8.44 x
EV / FCF 6.05 x 123 x 11.1 x 17.2 x 115 x 13.8 x
FCF Yield 16.5% 0.81% 8.99% 5.8% 0.87% 7.24%
Price to Book 2.36 x 2.87 x 3.76 x 3.36 x 5.65 x -155 x
Nbr of stocks (in thousands) 177,792 177,792 177,792 178,299 178,380 178,380
Reference price 2 410.0 518.6 712.0 437.7 202.0 202.0
Announcement Date 3/20/19 3/24/20 3/4/21 5/5/22 5/2/23 3/11/24
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 321,102 365,216 417,857 476,364 402,462 434,390
EBITDA 1 18,572 28,606 27,638 14,113 12,432 20,203
EBIT 1 14,878 24,230 22,950 9,291 7,748 16,297
Operating Margin 4.63% 6.63% 5.49% 1.95% 1.93% 3.75%
Earnings before Tax (EBT) 1 11,575 9,493 8,217 3,120 -13,370 -7,774
Net income 1 8,582 7,134 6,541 2,380 -10,299 -6,613
Net margin 2.67% 1.95% 1.57% 0.5% -2.56% -1.52%
EPS 2 48.04 40.13 36.74 13.32 -57.75 -37.07
Free Cash Flow 1 17,692 1,670 22,273 12,747 1,522 12,344
FCF margin 5.51% 0.46% 5.33% 2.68% 0.38% 2.84%
FCF Conversion (EBITDA) 95.26% 5.84% 80.59% 90.32% 12.25% 61.1%
FCF Conversion (Net income) 206.16% 23.4% 340.51% 535.6% - -
Dividend per Share - 63.37 38.00 35.00 - -
Announcement Date 3/20/19 3/24/20 3/4/21 5/5/22 5/2/23 3/11/24
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 34,171 113,131 121,236 141,604 138,802 134,558
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.84 x 3.955 x 4.387 x 10.03 x 11.16 x 6.66 x
Free Cash Flow 1 17,692 1,670 22,273 12,747 1,523 12,344
ROE (net income / shareholders' equity) 30.7% 22.6% 19.9% 8.37% -88.8% -215%
ROA (Net income/ Total Assets) 4.57% 4.78% 3.84% 1.39% 1.26% 2.94%
Assets 1 187,798 149,325 170,175 170,817 -819,788 -225,231
Book Value Per Share 2 174.0 181.0 189.0 130.0 35.80 -1.310
Cash Flow per Share 2 144.0 26.60 41.90 67.60 169.0 105.0
Capex 1 4,251 4,763 3,186 5,662 762 2,355
Capex / Sales 1.32% 1.3% 0.76% 1.19% 0.19% 0.54%
Announcement Date 3/20/19 3/24/20 3/4/21 5/5/22 5/2/23 3/11/24
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise