Financials Korshynov Mining Plant

Equities

KOGK

RU0002155359

Iron & Steel

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
35,200 RUB -1.68% Intraday chart for Korshynov Mining Plant -.--% -.--%

Valuation

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Capitalization 1 13,607 22,011 12,006 10,605 13,707 12,656
Enterprise Value (EV) 1 10,451 22,040 11,513 7,747 13,793 12,691
P/E ratio 5.52 x 4.67 x 5.16 x 1.79 x 4.35 x 2.49 x
Yield - - - - - -
Capitalization / Revenue 1.55 x 1.92 x 1.2 x 0.67 x 1.06 x 0.83 x
EV / Revenue 1.19 x 1.92 x 1.15 x 0.49 x 1.07 x 0.83 x
EV / EBITDA -82.1 x 9.6 x 24.4 x 1.73 x 6.49 x 3 x
EV / FCF -4.82 x -8.61 x -9.69 x -11.1 x 3.1 x -7.25 x
FCF Yield -20.7% -11.6% -10.3% -9.01% 32.3% -13.8%
Price to Book 0.45 x 0.63 x 0.33 x 0.25 x 0.3 x 0.24 x
Nbr of stocks (in thousands) 250 250 250 250 250 250
Reference price 2 54,400 88,000 48,000 42,400 54,800 50,600
Announcement Date 3/6/17 2/26/18 2/21/19 2/11/20 2/16/21 2/28/22
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net sales 1 8,782 11,492 9,989 15,762 12,941 15,211
EBITDA 1 -127.2 2,296 472.4 4,474 2,126 4,224
EBIT 1 -540 1,906 136.3 4,139 1,866 4,018
Operating Margin -6.15% 16.58% 1.36% 26.26% 14.42% 26.41%
Earnings before Tax (EBT) 1 2,400 4,980 2,431 6,135 3,272 6,005
Net income 1 2,466 4,718 2,328 5,921 3,152 5,076
Net margin 28.08% 41.05% 23.3% 37.57% 24.36% 33.37%
EPS 2 9,859 18,863 9,306 23,674 12,603 20,295
Free Cash Flow 1 -2,168 -2,559 -1,188 -698.2 4,450 -1,750
FCF margin -24.68% -22.26% -11.89% -4.43% 34.39% -11.5%
FCF Conversion (EBITDA) - - - - 209.33% -
FCF Conversion (Net income) - - - - 141.17% -
Dividend per Share - - - - - -
Announcement Date 3/6/17 2/26/18 2/21/19 2/11/20 2/16/21 2/28/22
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net Debt 1 - 28.7 - - 85.9 34.9
Net Cash position 1 3,156 - 493 2,859 - -
Leverage (Debt/EBITDA) - 0.0125 x - - 0.0404 x 0.008253 x
Free Cash Flow 1 -2,168 -2,559 -1,188 -698 4,450 -1,750
ROE (net income / shareholders' equity) 8.5% 14.5% 6.68% 15.2% 7.18% 10.4%
ROA (Net income/ Total Assets) -1.08% 3.46% 0.23% 6.21% 2.48% 4.84%
Assets 1 -228,721 136,419 1,007,642 95,345 127,331 104,869
Book Value Per Share 2 121,032 139,902 143,988 167,676 183,379 207,791
Cash Flow per Share 2 4.730 0.6000 0.5300 1.970 0.2300 1.810
Capex 1 36.1 163 83.8 63 57.8 216
Capex / Sales 0.41% 1.42% 0.84% 0.4% 0.45% 1.42%
Announcement Date 3/6/17 2/26/18 2/21/19 2/11/20 2/16/21 2/28/22
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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