Company Valuation: VK Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 301,866 439,997 188,890 22,512 22,512 22,512
Change - 45.76% -57.07% -88.08% 0% 0%
Enterprise Value (EV) 1 320,236 461,114 238,489 108,778 149,034 205,877
Change - 43.99% -48.28% -54.39% 37.01% 38.14%
P/E - -20.5x -12.2x -7.16x -0.67x -0.24x
PBR - 2.44x 1.11x 0.13x 0.16x 0.51x
PEG - 0x 0.4x 0.1x -0x -0x
Capitalization / Revenue 3.14x 4.38x 1.5x 0.23x 0.17x 0.15x
EV / Revenue 3.33x 4.59x 1.89x 1.11x 1.12x 1.4x
EV / EBITDA 15.2x 43.6x 12.9x 34.4x -12.1x -11x
EV / EBIT 20.8x 111x 21.5x -19.7x -6.11x -6.08x
EV / FCF 14.7x 80.4x 16.4x -1.98x -6.55x 45.7x
FCF Yield 6.79% 1.24% 6.08% -50.5% -15.3% 2.19%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 84.75 -95.24 -68.59 -13.9 -149.1 -422.3
Distribution rate - - - - - -
Net sales 1 96,213 100,538 126,061 97,770 132,770 147,573
EBITDA 1 21,106 10,567 18,478 3,166 -12,335 -18,667
EBIT 1 15,406 4,137 11,076 -5,514 -24,393 -33,869
Net income 1 18,686 -20,921 -15,493 -3,144 -33,716 -95,496
Net Debt 1 18,370 21,117 49,599 86,266 126,522 183,365
Reference price 2 - 1,951.92 835.31 99.55 99.55 99.55
Nbr of stocks (in thousands) 217,055 225,417 226,131 226,151 226,151 226,151
Announcement Date 2/26/20 3/4/21 3/3/22 3/16/23 3/21/24 3/20/25
1RUB in Million2RUB
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.35x6.7x11.66x0.33% 1,699B
39.23x10.59x24.25x-.--% 37.6B
14.65x3.4x8.94x2.04% 9.06B
6.69x0.65x2.5x7.22% 1.9B
9.41x0.92x5.98x-.--% 1.66B
-34.14x2.3x27.34x-.--% 912M
2.93x0.74x2.25x-.--% 395M
Average 8.44x 3.61x 11.85x 1.37% 250.04B
Weighted average by Cap. 20.67x 6.75x 11.91x 0.34%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  5. Valuation VK Company Limited