NATIONAL ATOMIC COMP

KZAP
End-of-day quote. End-of-day quote  - 10/04
13390KZT +2.10%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 4 380 5333 472 785
Enterprise Value (EV)1 4 260 1543 379 275
P/E ratio 31,1x16,6x
Yield 3,43%2,36%
Capitalization / Revenue 6,34x3,62x
EV / Revenue 6,17x3,52x
EV / EBITDA 15,4x7,37x
Price to Book --
Nbr of stocks (in thousands) 259 357259 357
Reference price (KZT) 16 89013 390
Announcement Date 03/16/2022-
Previous period Next period
1 KZT in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 691 011959 944
EBITDA1 275 800458 699
Operating profit (EBIT)1 238 200385 000
Operating Margin 34,5%40,1%
Pre-Tax Profit (EBT)1 281 644443 198
Net income1 220 000292 181
Net margin 31,8%30,4%
EPS2 543808
Dividend per Share2 579316
Announcement Date 03/16/2022-
Previous period Next period
1 KZT in Million
2 KZT
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 --
Net Cash position1 120 37993 510
Leverage (Debt / EBITDA) -0,44x-0,20x
Free Cash Flow1 71 435393 591
ROE (Net Profit / Equities) 19,4%23,7%
Shareholders' equity1 1 131 2491 231 319
ROA (Net Profit / Asset) 12,1%10,0%
Assets1 1 820 3922 908 433
Book Value Per Share --
Cash Flow per Share2 458541
Capex1 47 29472 739
Capex / Sales 6,84%7,58%
Announcement Date 03/16/2022-
Previous period Next period
1 KZT in Million
2 KZT
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 3 472 785 M KZT -
Enterprise Value (EV) 3 379 275 M KZT 3 296 790 M KZT
Valuation 2022e 2023e
P/E ratio (Price / EPS) 16,6x 9,26x
Capitalization / Revenue 3,62x 2,93x
EV / Revenue 3,52x 2,85x
EV / EBITDA 7,37x 5,17x
Yield (DPS / Price) 2,36% 6,25%
Price to book (Price / BVPS) - -
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 40,1% 49,7%
Operating Leverage (Delta EBIT / Delta Sales) 1,58x 2,26x
Net Margin (Net Profit / Revenue) 30,4% 36,6%
ROA (Net Profit / Asset) 10,0% 17,3%
ROE (Net Profit / Equities) 23,7% 46,7%
Rate of Dividend 39,1% 57,9%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   7,58% 6,40%
Cash Flow / CA 14,6% 23,2%
Capital Intensity (Assets / Revenue) 3,03x 2,12x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend