Company Valuation: Kurgan Generation Company

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 6,245 5,731 4,604 4,604 4,604 4,604
Change - -8.24% -19.66% 0% 0% 0%
Enterprise Value (EV) 1 8,634 7,385 6,556 6,647 6,445 6,145
Change - -14.46% -11.23% 1.39% -3.05% -4.66%
P/E 19.5x 32.7x 14.3x 9.82x 36.9x -12.5x
PBR 1.32x 1.25x 0.78x 0.65x 0.59x 0.59x
PEG - -0.7x 0.2x 0.2x -0.5x 0x
Capitalization / Revenue 0.87x 0.76x 0.54x 0.48x 0.49x 0.49x
EV / Revenue 1.21x 0.98x 0.77x 0.69x 0.69x 0.65x
EV / EBITDA 12.6x 8.92x 7.15x 4.54x 4.31x 8.82x
EV / EBIT 21.8x 13.7x 14.1x 6.86x 9.08x -25.5x
EV / FCF 30.6x 12.6x 16.6x -19.9x 10.8x 8.66x
FCF Yield 3.27% 7.91% 6.03% -5.04% 9.24% 11.6%
Dividend per Share 2 2.25 0.8921 1.672 1.381 1.302 -
Rate of return 4.41% 1.91% 4.45% 3.67% 3.46% -
EPS 2 2.62 1.433 2.637 3.827 1.02 -3.003
Distribution rate 85.9% 62.2% 63.4% 36.1% 128% -
Net sales 1 7,141 7,537 8,490 9,619 9,325 9,416
EBITDA 1 687.9 827.7 917.2 1,463 1,496 696.9
EBIT 1 396.9 539.8 466.4 968.6 709.6 -240.9
Net income 1 320.8 175.5 322.9 468.6 124.9 -277.3
Net Debt 1 2,389 1,654 1,951 2,043 1,840 1,540
Reference price 2 51.00 46.80 37.60 37.60 37.60 37.60
Nbr of stocks (in thousands) 122,453 122,453 122,453 122,453 122,453 122,453
Announcement Date 5/2/21 5/20/22 5/2/23 2/29/24 4/30/25 4/30/26
1RUB in Million2RUB
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 58.1M
24.4x4.04x28.16x0.26% 204B
21.3x9.44x16.92x2.86% 182B
21.42x4.51x12.45x3.23% 168B
13.3x1.92x6.81x5.34% 107B
22.16x12.03x15.49x3.2% 110B
21.13x5.97x13.1x3.29% 108B
18.85x5.7x11.48x3.41% 99.63B
20.24x3.04x12.65x0.68% 88.56B
19.57x5.16x12.32x3.04% 68.9B
Average 20.26x 5.76x 14.38x 2.81% 113.61B
Weighted average by Cap. 20.78x 5.86x 15.73x 2.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Kurgan Generation Company

Historical PBR trend

Valuation ratios - PBR - Kurgan Generation Company

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Kurgan Generation Company

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Kurgan Generation Company

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