Company Valuation: Kazakhtelecom

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2025 2026 2027 2028
Market Cap 1 790.6 627.9 751.8 795 958.3 - -
Change - -20.58% 19.73% - 20.54% - -
Enterprise Value (EV) 1,125 694.7 751.8 795 958.3 958.3 958.3
Change - -38.25% 8.21% - 20.54% 0% 0%
P/E - - 4.08x 4.12x - - -
PBR - - - - - - -
PEG - - - - - - -
Capitalization / Revenue 0.74x 0.5x - - 0.82x 0.75x 0.69x
EV / Revenue 0x 0x - - 0.82x 0.75x 0.69x
EV / EBITDA 0x 0x - - 2.53x 2.34x 2.17x
EV / EBIT - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 3,590 - - - - - -
Rate of return 10% - - - - - -
EPS 2 - - 8,465 10,534 - - -
Distribution rate - - - - - - -
Net sales 1 1,062 1,264 - - 1,172 1,284 1,383
EBITDA 1 509.2 596.1 - - 379 410 442
EBIT 298.5 359.8 - - - - -
Net income 162.2 - 196.1 261.3 - - -
Net Debt 334.4 66.83 - - - - -
Reference price 2 35,800.00 28,362.32 34,500.00 43,390.00 44,800.01 44,800.01 44,800.01
Nbr of stocks (in thousands) 11,005 11,005 11,005 11,005 11,005 - -
Announcement Date 3/16/22 4/27/23 4/23/24 5/5/26 - - -
1EUR in Million2KZT
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.32x1.34x4.27x6.83% 228B
9.94x2.44x6.42x6.3% 186B
12.46x2.1x5.42x4.35% 140B
13.62x1.87x8.14x3.07% 89.99B
12.31x0.98x3.67x6.15% 87.71B
12.64x1.92x4.83x2.6% 68.42B
14.6x2.63x8.21x5.24% 56.04B
22.47x5.18x18.89x4.85% 53.2B
13.53x2.66x5.91x4.51% 49.63B
Average 13.66x 2.35x 7.31x 4.88% 106.54B
Weighted average by Cap. 12.55x 2.08x 6.33x 5.33%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Kazakhtelecom

Historical PBR trend

Valuation ratios - PBR - Kazakhtelecom

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Kazakhtelecom

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Kazakhtelecom