Financials Magnitogorsk Iron & Steel Works

Equities

MAGN

RU0009084396

Iron & Steel

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
31.5 RUB -2.33% Intraday chart for Magnitogorsk Iron & Steel Works -.--% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2023 2024 2025 2026
Capitalization 1 7,565 8,389 10,392 5,587 5,585 - -
Enterprise Value (EV) 1 7,320 8,301 9,999 5,587 5,585 5,585 5,585
P/E ratio 8.79 x 13.9 x 3.33 x - - - -
Yield 11.9% 8.13% 13.1% - - - -
Capitalization / Revenue 1 x 1.31 x 0.88 x 0.66 x 0.59 x 0.56 x 0.54 x
EV / Revenue 1 x 1.31 x 0.88 x 0.66 x 0.59 x 0.56 x 0.54 x
EV / EBITDA 4.21 x 5.62 x 2.42 x - 2.53 x 2.35 x 2.26 x
EV / FCF 8.58 x 15.1 x 6.56 x - 10.2 x 7.22 x 7.26 x
FCF Yield 11.7% 6.64% 15.2% - 9.81% 13.9% 13.8%
Price to Book 1.38 x 1.83 x 1.65 x - - - -
Nbr of stocks (in thousands) 11,174,330 11,174,330 11,174,330 11,174,330 11,174,330 - -
Reference price 2 0.6770 0.7507 0.9300 0.5000 0.4998 0.4998 0.4998
Announcement Date 2/5/20 2/2/21 2/28/22 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2023 2024 2025 2026
Net sales 1 7,566 6,395 11,869 8,476 9,459 9,963 10,362
EBITDA 1 1,797 1,492 4,290 - 2,210 2,379 2,469
EBIT 1 1,274 942 3,753 - 1,658 1,769 1,798
Operating Margin 16.84% 14.73% 31.62% - 17.53% 17.75% 17.35%
Earnings before Tax (EBT) 1,095 790 3,985 - - - -
Net income 856 603 3,118 1,312 - - -
Net margin 11.31% 9.43% 26.27% 15.48% - - -
EPS 0.0770 0.0540 0.2790 - - - -
Free Cash Flow 1 882 557 1,583 - 547.7 773.8 769.7
FCF margin 11.66% 8.71% 13.34% - 5.79% 7.77% 7.43%
FCF Conversion (EBITDA) 49.08% 37.33% 36.9% - 24.78% 32.53% 31.17%
FCF Conversion (Net income) 103.04% 92.37% 50.77% - - - -
Dividend per Share 0.0808 0.0610 0.1219 - - - -
Announcement Date 2/5/20 2/2/21 2/28/22 2/6/24 - - -
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position 245 88 393 - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 882 557 1,583 - 548 774 770
ROE (net income / shareholders' equity) 16.2% 12% 57.3% - 17.4% 16.8% 16.2%
ROA (Net income/ Total Assets) 11% 7.66% 36.2% - 12.8% 12.7% 12.3%
Assets 7,799 7,875 8,604 - - - -
Book Value Per Share 0.4900 0.4100 0.5600 - - - -
Cash Flow per Share 0.1500 0.1100 0.2400 - - - -
Capex 1 857 694 1,132 - 1,234 1,259 1,280
Capex / Sales 11.33% 10.85% 9.54% - 13.05% 12.64% 12.35%
Announcement Date 2/5/20 2/2/21 2/28/22 2/6/24 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.4998 USD
Average target price
0.775 USD
Spread / Average Target
+55.06%
Consensus

Annual profits - Rate of surprise

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