Company Valuation: National Atomic Company Kazatomprom

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,380,533 3,338,957 4,787,723 5,233,819 7,277,287 8,090,627 - -
Change - -23.78% 43.39% 9.32% 39.04% 11.18% - -
Enterprise Value (EV) 1 4,260,154 3,306,935 4,662,180 5,089,359 7,137,514 7,888,751 7,465,574 6,808,206
Change - -22.38% 40.98% 9.16% 40.24% 10.53% -5.36% -8.81%
P/E 31.1x 9.59x 11.4x 6x 12.8x 13.3x 10.6x 11.6x
PBR - - - - - - - -
PEG - 0x 0.6x 0x -0.4x 2x 0.4x -1.35x
Capitalization / Revenue 6.34x 3.34x 3.34x 2.89x 4.04x 3.7x 2.95x 2.69x
EV / Revenue 6.17x 3.3x 3.25x 2.81x 3.96x 3.61x 2.73x 2.26x
EV / EBITDA 15.4x 6.68x 7.3x 4.64x 6.3x 6.79x 4.76x 3.92x
EV / EBIT 17.9x 7.25x 8.57x 5.22x 7.3x 9.21x 6.23x 5.21x
EV / FCF 59.6x 15.8x 14.4x 14.9x 12.3x 13.1x 8.08x 5.91x
FCF Yield 1.68% 6.33% 6.93% 6.73% 8.13% 7.65% 12.4% 16.9%
Dividend per Share 2 579 877 775 1,213 1,264 960.6 2,206 2,261
Rate of return 3.43% 6.81% 4.2% 6.01% 4.51% 3.08% 7.07% 7.25%
EPS 2 543 1,342 1,616 3,363 2,200 2,346 2,945 2,692
Distribution rate 107% 65.4% 48% 36.1% 57.5% 40.9% 74.9% 84%
Net sales 1 691,011 1,001,171 1,435,000 1,813,000 1,803,000 2,183,887 2,737,974 3,006,157
EBITDA 1 275,800 495,400 639,000 1,097,000 1,133,000 1,161,628 1,569,058 1,736,107
EBIT 1 238,200 456,000 543,838 974,883 978,217 856,519 1,197,875 1,306,862
Net income 1 220,000 473,000 580,000 872,263 570,000 591,155 794,958 950,772
Net Debt 1 -120,379 -32,022 -125,543 -144,460 -139,773 -201,876 -625,053 -1,282,421
Reference price 2 16,890.00 12,874.00 18,460.00 20,180.01 28,059.00 31,194.99 31,194.99 31,194.99
Nbr of stocks (in thousands) 259,357 259,357 259,357 259,357 259,357 259,357 - -
Announcement Date 3/16/22 3/17/23 3/15/24 3/18/25 3/20/26 - - -
1KZT in Million2KZT
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.13x3.57x6.7x3.12% 17.88B
-65.33x - -82x - 6.26B
43.74x7.16x21.37x-.--% 3.14B
-46.99x27.46x-75.46x - 2.92B
-30.31x186.19x-73.58x - 2.57B
-80.17x1387.19x-80.05x-.--% 921M
-150.02x - -96.19x-.--% 570M
Average -45.14x 322.31x -54.17x 0.78% 4.89B
Weighted average by Cap. -12.01x 70.11x -25.23x 2.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. KZAP Stock
  4. Valuation National Atomic Company Kazatomprom
-40%: Exceptional extension
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