Financials Magnit

Equities

MGNT

RU000A0JKQU8

Food Retail & Distribution

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
4,439 RUB +0.43% Intraday chart for Magnit -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 5,129 5,392 7,446 7,137 6,912 6,909 6,909 -
Enterprise Value (EV) 1 7,217 12,545 14,005 15,716 6,912 6,909 6,909 6,909
P/E ratio 9.84 x 42 x 16.6 x 18.2 x 20.9 x 8.36 x 9.89 x 8.76 x
Yield 9.3% 8.69% 8.82% 3.3% - - - -
Capitalization / Revenue 0.27 x 0.25 x 0.36 x 0.29 x - 0.25 x 0.22 x 0.2 x
EV / Revenue 0.27 x 0.25 x 0.36 x 0.29 x - 0.25 x 0.22 x 0.2 x
EV / EBITDA 3.69 x 2.7 x 3.18 x 2.54 x - 2.21 x 2.1 x 1.89 x
EV / FCF 25.6 x 11.7 x 4.47 x 7.48 x - 13.2 x 7.45 x 6.7 x
FCF Yield 3.91% 8.56% 22.4% 13.4% - 7.6% 13.4% 14.9%
Price to Book 1.32 x 2.13 x 2.97 x 4.87 x - - - -
Nbr of stocks (in thousands) 101,911 97,550 97,665 97,928 98,094 98,094 98,094 -
Reference price 2 50.32 55.27 76.24 72.88 70.46 70.43 70.43 70.43
Announcement Date 2/7/19 2/6/20 2/4/21 2/4/22 6/17/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 18,804 21,622 20,437 24,336 - 28,085 31,065 33,970
EBITDA 1 1,388 1,996 2,344 2,813 - 3,126 3,289 3,659
EBIT 1 811.2 811.6 1,163 1,430 - 1,675 1,720 1,974
Operating Margin 4.31% 3.75% 5.69% 5.88% - 5.96% 5.54% 5.81%
Earnings before Tax (EBT) 1 654 169.1 561.7 820.8 - 1,266 1,072 1,208
Net income 1 514 128.6 434 677.8 332.6 825.3 698.4 787.4
Net margin 2.73% 0.59% 2.12% 2.79% - 2.94% 2.25% 2.32%
EPS 2 5.113 1.317 4.606 3.998 3.372 8.424 7.121 8.037
Free Cash Flow 1 200.6 461.4 1,665 954.5 - 525 927 1,031
FCF margin 1.07% 2.13% 8.15% 3.92% - 1.87% 2.98% 3.04%
FCF Conversion (EBITDA) 14.45% 23.12% 71.03% 33.93% - 16.79% 28.19% 28.19%
FCF Conversion (Net income) 39.02% 358.81% 383.62% 140.83% - 63.62% 132.74% 130.99%
Dividend per Share 4.678 4.805 6.724 2.408 - - - -
Announcement Date 2/7/19 2/6/20 2/4/21 2/4/22 6/17/23 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 2,089 7,153 6,559 8,579 - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 1.505 x 3.583 x 2.799 x 3.05 x - - - -
Free Cash Flow 1 201 461 1,665 955 - 525 927 1,031
ROE (net income / shareholders' equity) 13.2% 4.77% 17.8% 26.6% - 30.5% 22.2% 24.3%
ROA (Net income/ Total Assets) 5.94% 1.04% 3.48% 4.47% - 5.1% 4% 4.3%
Assets 1 8,647 12,316 12,456 15,180 - 16,182 17,459 18,311
Book Value Per Share 38.20 26.00 25.70 15.00 - - - -
Cash Flow per Share 9.770 12.20 20.90 14.10 - - - -
Capex 1 788 725 386 432 - 772 713 740
Capex / Sales 4.19% 3.35% 1.89% 1.77% - 2.75% 2.29% 2.18%
Announcement Date 2/7/19 2/6/20 2/4/21 2/4/22 6/17/23 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
70.43 USD
Average target price
91.07 USD
Spread / Average Target
+29.30%
Consensus

Annual profits - Rate of surprise