Financials Research and Production Corporation United Wagon Company

Equities

UWGN

RU000A0JVBT9

Heavy Machinery & Vehicles

End-of-day quote Moscow Micex - RTS 18:00:00 2022-07-07 EDT 5-day change 1st Jan Change
47.3 RUB +2.83% Intraday chart for Research and Production Corporation United Wagon Company -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 46,051 36,342 16,472 8,561 5,487 5,487
Enterprise Value (EV) 1 155,669 91,145 79,304 80,627 73,252 -18,145
P/E ratio -4.71 x 11.6 x -0.75 x -1.35 x -0.29 x 0.44 x
Yield - - - - - -
Capitalization / Revenue 0.6 x 0.56 x 0.21 x 0.12 x 0.13 x 0.07 x
EV / Revenue 2.04 x 1.41 x 1 x 1.16 x 1.75 x -0.22 x
EV / EBITDA 13.4 x 7.24 x 6.37 x 40.1 x -76.7 x -1.72 x
EV / FCF -30.6 x 5.69 x 44.5 x -9.69 x 8.75 x -0.52 x
FCF Yield -3.27% 17.6% 2.25% -10.3% 11.4% -192%
Price to Book 6.14 x 3.42 x -1.12 x -0.45 x -0.11 x 0.9 x
Nbr of stocks (in thousands) 115,997 115,997 115,997 115,997 115,997 115,997
Reference price 2 397.0 313.3 142.0 73.80 47.30 47.30
Announcement Date 19-05-23 20-05-06 21-04-30 23-04-28 23-04-28 24-05-02
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 76,443 64,470 79,594 69,624 41,900 82,017
EBITDA 1 11,651 12,595 12,456 2,011 -955 10,556
EBIT 1 5,825 8,138 7,901 -2,565 -4,931 5,214
Operating Margin 7.62% 12.62% 9.93% -3.68% -11.77% 6.36%
Earnings before Tax (EBT) 1 -9,454 2,195 -18,957 -6,697 -16,380 36,094
Net income 1 -9,777 3,135 -21,965 -6,329 -18,769 33,984
Net margin -12.79% 4.86% -27.6% -9.09% -44.79% 41.44%
EPS 2 -84.29 27.03 -189.4 -54.56 -161.8 108.0
Free Cash Flow 1 -5,094 16,025 1,784 -8,323 8,368 34,785
FCF margin -6.66% 24.86% 2.24% -11.95% 19.97% 42.41%
FCF Conversion (EBITDA) - 127.23% 14.32% - - 329.53%
FCF Conversion (Net income) - 511.15% - - - 102.36%
Dividend per Share - - - - - -
Announcement Date 19-05-23 20-05-06 21-04-30 23-04-28 23-04-28 24-05-02
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 109,618 54,803 62,832 72,066 67,765 -
Net Cash position 1 - - - - - 23,632
Leverage (Debt/EBITDA) 9.408 x 4.351 x 5.044 x 35.84 x -70.96 x -
Free Cash Flow 1 -5,094 16,025 1,784 -8,323 8,368 34,785
ROE (net income / shareholders' equity) -92.3% 13.9% 1,092% 40.4% 61.4% -448%
ROA (Net income/ Total Assets) 2.33% 3.18% 3.82% -1.73% -4.04% 3.65%
Assets 1 -419,956 98,532 -574,684 366,134 464,510 931,502
Book Value Per Share 2 64.60 91.60 -127.0 -163.0 -428.0 52.60
Cash Flow per Share 2 93.70 94.50 17.70 21.20 82.00 76.30
Capex 1 1,986 2,079 520 322 230 642
Capex / Sales 2.6% 3.22% 0.65% 0.46% 0.55% 0.78%
Announcement Date 19-05-23 20-05-06 21-04-30 23-04-28 23-04-28 24-05-02
1RUB in Million2RUB
Estimates
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