Company Valuation: Kazakhtelecom

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2025 2026 2027 2028
Market Cap 1 790.6 627.9 751.8 795 957.2 - -
Change - -20.58% 19.73% - 20.4% - -
Enterprise Value (EV) 1,125 694.7 751.8 795 957.2 957.2 957.2
Change - -38.25% 8.21% - 20.4% 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 2.33x 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 44,562.54 44,562.54 44,562.54
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.($)
9.8x2.42x6.37x6.39% 183B
12.23x2.06x5.32x4.4% 138B
13.67x1.87x8.16x3.06% 90B
12.59x1.92x4.82x2.61% 68.33B
14.61x2.64x8.22x5.24% 56.03B
22.47x5.18x18.89x4.85% 53.18B
14.13x2.65x5.89x4.52% 49.48B
9.33x1.71x5.17x5.54% 42.34B
25.2x3.38x7.42x4.01% 42.16B
Average 14.89x 2.65x 7.81x 4.51% 80.29B
Weighted average by Cap. 13.48x 2.49x 7.27x 4.72%

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