Financials Min Div a.d.

Equities

SVRL

RSMSVRE33371

End-of-day quote Belgrade S.E. 18:00:00 2021-09-28 EDT 5-day change 1st Jan Change
600 RSD -.--% Intraday chart for Min Div a.d. -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 572.6 611.5 568.8 568.8 568.8 568.8
Enterprise Value (EV) 1 636.8 714 670.2 671.1 673.3 673.1
P/E ratio 53.1 x 4.32 x -77 x -83.7 x 98.9 x -43.7 x
Yield - - - - - -
Capitalization / Revenue 0.62 x 1.7 x 4.51 x 2.51 x 11.7 x 18.3 x
EV / Revenue 0.69 x 1.99 x 5.32 x 2.96 x 13.9 x 21.7 x
EV / EBITDA 13 x 8.78 x 51.1 x 57.5 x 23.5 x 189 x
EV / FCF -12.5 x 5.44 x 127 x 16.4 x 220 x 214 x
FCF Yield -8.03% 18.4% 0.79% 6.08% 0.45% 0.47%
Price to Book 0.51 x 0.54 x 0.51 x 0.51 x 0.5 x 0.4 x
Nbr of stocks (in thousands) 948 948 948 948 948 948
Reference price 2 604.0 645.0 600.0 600.0 600.0 600.0
Announcement Date 8/4/20 8/4/20 7/19/21 5/6/22 5/5/23 5/9/24
1RSD in Million2RSD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 921.5 359.6 126.1 227 48.58 31.04
EBITDA 1 49.18 81.36 13.11 11.67 28.63 3.561
EBIT 1 24.99 59.71 -7.644 -4.467 12.76 -13.97
Operating Margin 2.71% 16.6% -6.06% -1.97% 26.28% -45%
Earnings before Tax (EBT) 1 12.85 141.7 -7.655 -6.799 5.751 -13.01
Net income 1 10.78 141.5 -7.392 -6.799 5.751 -13.01
Net margin 1.17% 39.35% -5.86% -3% 11.84% -41.91%
EPS 2 11.37 149.3 -7.797 -7.171 6.066 -13.72
Free Cash Flow 1 -51.14 131.3 5.28 40.81 3.063 3.142
FCF margin -5.55% 36.5% 4.19% 17.97% 6.3% 10.12%
FCF Conversion (EBITDA) - 161.35% 40.29% 349.6% 10.7% 88.22%
FCF Conversion (Net income) - 92.76% - - 53.25% -
Dividend per Share - - - - - -
Announcement Date 8/4/20 8/4/20 7/19/21 5/6/22 5/5/23 5/9/24
1RSD in Million2RSD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 64.2 103 101 102 104 104
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.306 x 1.26 x 7.735 x 8.758 x 3.649 x 29.29 x
Free Cash Flow 1 -51.1 131 5.28 40.8 3.06 3.14
ROE (net income / shareholders' equity) 0.91% 13.5% -0.76% -0.71% 0.61% -7.66%
ROA (Net income/ Total Assets) 0.82% 2.17% -0.31% -0.2% 0.6% -1.64%
Assets 1 1,308 6,511 2,388 3,487 958.7 791.5
Book Value Per Share 2 1,184 1,184 1,184 1,184 1,190 1,492
Cash Flow per Share 2 9.810 2.350 3.690 2.460 0.2600 0.3000
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 8/4/20 8/4/20 7/19/21 5/6/22 5/5/23 5/9/24
1RSD in Million2RSD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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