Financials Abrau-Durso

Equities

ABRD

RU000A0JS5T7

Distillers & Wineries

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
175 RUB +1.45% Intraday chart for Abrau-Durso -.--% -.--%

Valuation

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Capitalization 1 9,800 14,308 14,014 13,622 19,600 18,963
Enterprise Value (EV) 1 12,247 17,473 17,357 17,470 26,221 25,494
P/E ratio 16.5 x 17.4 x 12.9 x 10.6 x 17.7 x 14 x
Yield 1.29% 1.96% - - 1.43% 1.78%
Capitalization / Revenue 1.41 x 2.16 x 1.83 x 1.66 x 2.25 x 1.92 x
EV / Revenue 1.77 x 2.64 x 2.27 x 2.12 x 3.01 x 2.58 x
EV / EBITDA 9.06 x 9.65 x 8.15 x 8.07 x 12.6 x 8.99 x
EV / FCF 35.7 x -50.2 x 715 x 236 x 83.4 x 70.5 x
FCF Yield 2.8% -1.99% 0.14% 0.42% 1.2% 1.42%
Price to Book 1.5 x 1.98 x 1.72 x 1.49 x 1.93 x 1.69 x
Nbr of stocks (in thousands) 98,000 98,000 98,000 98,000 98,000 98,000
Reference price 2 100.0 146.0 143.0 139.0 200.0 193.5
Announcement Date 5/6/17 5/3/18 4/18/19 4/13/20 4/30/21 4/29/22
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net sales 1 6,936 6,629 7,661 8,230 8,723 9,870
EBITDA 1 1,352 1,811 2,131 2,164 2,081 2,837
EBIT 1 1,102 1,587 1,848 1,783 1,733 2,135
Operating Margin 15.89% 23.94% 24.12% 21.67% 19.86% 21.63%
Earnings before Tax (EBT) 1 672.8 1,137 1,395 1,628 1,316 1,733
Net income 1 494.5 826.4 1,091 1,286 1,105 1,354
Net margin 7.13% 12.47% 14.24% 15.62% 12.67% 13.72%
EPS 2 6.055 8.400 11.10 13.10 11.28 13.80
Free Cash Flow 1 343.2 -347.8 24.28 74.02 314.2 361.8
FCF margin 4.95% -5.25% 0.32% 0.9% 3.6% 3.67%
FCF Conversion (EBITDA) 25.38% - 1.14% 3.42% 15.1% 12.75%
FCF Conversion (Net income) 69.39% - 2.23% 5.76% 28.44% 26.71%
Dividend per Share 2 1.290 2.860 - - 2.860 3.440
Announcement Date 5/6/17 5/3/18 4/18/19 4/13/20 4/30/21 4/29/22
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net Debt 1 2,447 3,165 3,343 3,848 6,621 6,530
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.809 x 1.748 x 1.569 x 1.779 x 3.182 x 2.302 x
Free Cash Flow 1 343 -348 24.3 74 314 362
ROE (net income / shareholders' equity) 9.34% 11.8% 13.7% 14.6% 11.3% 12.6%
ROA (Net income/ Total Assets) 6.01% 8.07% 8.49% 7.43% 5.96% 6.33%
Assets 1 8,225 10,240 12,841 17,311 18,526 21,398
Book Value Per Share 2 66.80 73.90 83.10 93.30 104.0 115.0
Cash Flow per Share 2 1.160 0.5000 1.650 1.310 2.510 1.900
Capex 1 509 663 549 1,256 298 746
Capex / Sales 7.34% 10.01% 7.16% 15.26% 3.42% 7.56%
Announcement Date 5/6/17 5/3/18 4/18/19 4/13/20 4/30/21 4/29/22
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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