Valuation Kcell

Stocks

End-of-day quote Kazakhstan S.E. 11/11/2026			5-day change	1st Jan Change
3,193.88 ^KZT	+0.47%		+0.88%	-5.59%

08/08	Kcell Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
14/05	Kcell Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	5,52,000	3,25,382	3,45,000	3,90,996	6,86,400	6,76,600
Change	-	-41.05%	6.03%	13.33%	75.55%	-1.43%
Enterprise Value (EV) ¹	6,07,007	3,54,091	3,48,999	5,08,389	8,20,155	8,44,628
Change	-	-41.67%	-1.44%	45.67%	61.32%	2.98%
P/E	31.4x	10x	8.55x	11.9x	67.6x	48x
PBR	6.72x	3.31x	2.49x	2.28x	3.78x	3.46x
PEG	-	0.1x	0.4x	-0.6x	-1x	1.2x
Capitalization / Revenue	3.16x	1.68x	1.58x	1.75x	2.92x	2.66x
EV / Revenue	3.47x	1.82x	1.59x	2.27x	3.48x	3.32x
EV / EBITDA	10.7x	5.23x	4.67x	7.91x	16.4x	11.6x
EV / EBIT	14.5x	6.78x	5.74x	10.6x	28.7x	19.8x
EV / FCF	19.4x	8.71x	15x	-5.39x	-103x	-29.5x
FCF Yield	5.14%	11.5%	6.66%	-18.6%	-0.97%	-3.39%
Dividend per Share ²	87.89	107.5	-	-	-	-
Rate of return	3.18%	6.61%	-	-	-	-
EPS ²	87.89	162.5	201.8	164.5	50.8	70.53
Distribution rate	100%	66.1%	-	-	-	-
Net sales ¹	1,74,684	1,94,081	2,19,002	2,23,747	2,35,467	2,54,749
EBITDA ¹	56,966	67,705	74,808	64,291	49,976	73,051
EBIT ¹	41,738	52,207	60,752	47,760	28,570	42,749
Net income ¹	17,578	32,506	40,350	32,897	10,159	14,106
Net Debt ¹	55,007	28,709	3,999	1,17,393	1,33,755	1,68,028
Reference price ²	2,760.00	1,626.91	1,725.00	1,954.98	3,432.00	3,383.00
Nbr of stocks (in thousands)	2,00,000	2,00,000	2,00,000	2,00,000	2,00,000	2,00,000
Announcement Date	03/03/21	23/02/22	31/03/23	11/03/24	11/04/25	29/03/26

¹KZT in Million²KZT

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
KCELL	-	-	-	-	143.18Cr
SPACEX (SPACE EXPLORATION TECHNOLOGIES)	599.35x	38.52x	76.82x	-	1,89800Cr
T-MOBILE US, INC.	15.37x	2.78x	7.04x	2.43%	18TCr
AT&T INC.	11.11x	2.29x	6.16x	4.99%	15TCr
SOFTBANK GROUP CORP.	59.85x	5.21x	22.73x	0.29%	14TCr
BHARTI AIRTEL LIMITED	33.44x	5.9x	10.32x	1.56%	14TCr
COMCAST CORPORATION	8.5x	1.42x	5.12x	5.3%	8.88TCr
SOFTBANK CORP.	18.26x	2.06x	7.89x	3.78%	7.02TCr
KDDI CORPORATION	13.96x	2.23x	7.26x	3.01%	6.47TCr
VODAFONE GROUP PLC	13.64x	1.41x	4.77x	3.46%	3.59TCr
Average	85.94x	6.87x	16.46x	3.1%	28TCr
Weighted average by Cap.	418.56x	27.45x	55.73x	2.88%