Company Valuation: PublicOil Company Bashneft

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2023 2024 2025
Market Cap 1 269,298 221,530 169,218 169,218 169,218
Change - -17.74% - 0% 0%
Enterprise Value (EV) 1 391,832 351,291 169,218 169,218 169,218
Change - -10.35% - 0% 0%
P/E -25.4x 2.77x 1x 1.69x -
PBR 0.6x 0.42x 0.21x 0.2x -
PEG - -0x - -0x -
Capitalization / Revenue 0.71x 0.26x 0.16x 0.15x 0.17x
EV / Revenue 1.03x 0.41x 0.16x 0.15x 0.17x
EV / EBITDA 12.7x 2.26x 0.69x 0.9x 1.11x
EV / EBIT -34.8x 3.1x 0.87x 1.23x 1.75x
EV / FCF -212x -10.6x - 2.88x 6.82x
FCF Yield -0.47% -9.41% - 34.7% 14.7%
Dividend per Share 2 - - 249.7 147.3 -
Rate of return - - 24% 14.1% -
EPS 2 -65.48 490.8 1,045 616.4 -
Distribution rate - - 23.9% 23.9% -
Net sales 1 381,859 851,521 1,031,793 1,142,767 1,001,844
EBITDA 1 30,798 155,380 243,583 188,638 152,470
EBIT 1 -11,248 113,303 193,904 137,193 96,786
Net income 1 -11,118 83,332 177,409 104,667 49,227
Net Debt 1 122,534 129,761 - - -
Reference price 2 1,660.50 1,359.00 1,041.50 1,041.50 1,041.50
Nbr of stocks (in thousands) 169,798 169,798 169,798 169,798 169,798
Announcement Date 2/13/21 2/12/22 2/19/24 3/21/25 3/31/26
1RUB in Million2RUB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.21x3.49x6.59x5.21% 1,686B
11.27x1.73x5.68x3.35% 415B
8.39x0.68x4.31x6.3% 332B
7.39x0.94x3.96x3.06% 290B
7.54x1.02x3.83x4.58% 200B
5.83x1.86x3.03x7.72% 146B
3.49x1.48x2.74x9.57% 116B
7.44x0.82x1.86x3.61% 103B
8.12x0.84x4.21x5.1% 82.93B
Average 8.08x 1.43x 4.02x 5.39% 374.7B
Weighted average by Cap. 10.70x 2.34x 5.37x 5.07%

Y-o-Y evolution of P/E

Valuation ratios - P/E - PublicOil Company Bashneft

Historical PBR trend

Valuation ratios - PBR - PublicOil Company Bashneft

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - PublicOil Company Bashneft

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - PublicOil Company Bashneft

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