Financials Rosseti Kuban

Equities

KUBE

RU0009046767

Electric Utilities

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
56.9 RUB -.--% Intraday chart for Rosseti Kuban -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 14,825 21,284 23,058 22,652 19,475 20,672
Enterprise Value (EV) 1 37,299 43,717 51,839 46,581 40,202 30,329
P/E ratio 18.5 x 6.57 x -18.6 x 12.2 x 3.49 x 3.18 x
Yield 0.97% 2.99% - 4.08% 13.2% -
Capitalization / Revenue 0.32 x 0.42 x 0.47 x 0.39 x 0.3 x 0.28 x
EV / Revenue 0.8 x 0.86 x 1.05 x 0.8 x 0.63 x 0.4 x
EV / EBITDA 4.7 x 4.59 x 10.7 x 5.17 x 2.92 x 1.98 x
EV / FCF -85.9 x -22.8 x 122 x 9.1 x 10.5 x -12.6 x
FCF Yield -1.16% -4.38% 0.82% 11% 9.48% -7.94%
Price to Book 0.51 x 0.61 x 0.7 x 0.64 x 0.51 x 0.46 x
Nbr of stocks (in thousands) 303,793 334,658 334,658 340,625 342,258 363,300
Reference price 2 48.80 63.60 68.90 66.50 56.90 56.90
Announcement Date 3/18/19 3/13/20 3/10/21 3/17/22 3/21/23 3/18/24
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 46,458 51,077 49,562 58,015 64,243 75,079
EBITDA 1 7,942 9,524 4,850 9,001 13,778 15,326
EBIT 1 4,429 5,835 590.8 4,655 9,067 10,274
Operating Margin 9.53% 11.42% 1.19% 8.02% 14.11% 13.68%
Earnings before Tax (EBT) 1 1,664 4,200 -1,045 2,961 7,550 9,331
Net income 1 799.9 3,021 -1,240 1,864 5,698 6,818
Net margin 1.72% 5.91% -2.5% 3.21% 8.87% 9.08%
EPS 2 2.633 9.683 -3.706 5.447 16.28 17.89
Free Cash Flow 1 -434.1 -1,916 423.6 5,120 3,812 -2,408
FCF margin -0.93% -3.75% 0.85% 8.82% 5.93% -3.21%
FCF Conversion (EBITDA) - - 8.74% 56.88% 27.66% -
FCF Conversion (Net income) - - - 274.6% 66.89% -
Dividend per Share 2 0.4728 1.903 - 2.713 7.485 -
Announcement Date 3/18/19 3/13/20 3/10/21 3/17/22 3/21/23 3/18/24
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 22,474 22,433 28,782 23,929 20,728 9,657
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.83 x 2.355 x 5.935 x 2.658 x 1.504 x 0.6301 x
Free Cash Flow 1 -434 -1,916 424 5,120 3,812 -2,408
ROE (net income / shareholders' equity) 2.79% 9.5% -3.68% 5.46% 15% 15.1%
ROA (Net income/ Total Assets) 4.16% 5.25% 0.5% 3.81% 6.9% 6.63%
Assets 1 19,245 57,588 -245,732 48,975 82,565 102,897
Book Value Per Share 2 95.20 104.0 98.00 104.0 111.0 125.0
Cash Flow per Share 2 7.260 5.130 2.250 5.800 11.50 32.90
Capex 1 6,790 4,600 4,922 6,014 10,956 15,199
Capex / Sales 14.61% 9.01% 9.93% 10.37% 17.05% 20.24%
Announcement Date 3/18/19 3/13/20 3/10/21 3/17/22 3/21/23 3/18/24
1RUB in Million2RUB
Estimates
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