Company Valuation: LSR Group

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 86,814 61,022 56,337 56,337 56,337 56,337
Change - -29.71% -7.68% 0% 0% 0%
Enterprise Value (EV) 1 1,16,755 1,70,455 2,46,496 2,32,769 2,81,281 3,93,318
Change - 45.99% 44.61% -5.57% 20.84% 39.83%
P/E 7.22x 3.56x 4.04x 1.98x 1.93x 5.08x
PBR 0.95x 0.59x 0.58x 0.47x 0.4x 0.42x
PEG - 0.1x -0.2x 0x 0.75x -0.1x
Capitalization / Revenue 0.74x 0.47x 0.4x 0.24x 0.24x 0.22x
EV / Revenue 0.99x 1.31x 1.76x 0.99x 1.18x 1.56x
EV / EBITDA 4.86x 5.05x 6.8x 3.5x 4.16x 6.56x
EV / EBIT 5.28x 5.36x 7.17x 3.6x 4.3x 6.82x
EV / FCF -14.9x -2.42x -3.08x 16.9x -4.99x -3.43x
FCF Yield -6.73% -41.3% -32.5% 5.9% -20% -29.2%
Dividend per Share 2 59 - 78 100 78 -
Rate of return 6.81% - 14.3% 18.3% 14.3% -
EPS 2 120 170.8 135.4 276.3 283.4 107.6
Distribution rate 49.2% - 57.6% 36.2% 27.5% -
Net sales 1 1,18,052 1,30,515 1,39,662 2,36,197 2,39,227 2,52,074
EBITDA 1 24,039 33,726 36,243 66,547 67,629 59,953
EBIT 1 22,119 31,786 34,380 64,642 65,490 57,653
Net income 1 12,025 16,266 13,366 28,345 28,604 10,783
Net Debt 1 29,941 1,09,433 1,90,159 1,76,432 2,24,944 3,36,981
Reference price 2 866.40 609.00 546.80 546.80 546.80 546.80
Nbr of stocks (in thousands) 1,00,201 1,00,201 1,03,030 1,03,030 1,03,030 1,03,030
Announcement Date 22/03/21 25/03/22 27/06/23 16/03/24 19/03/25 25/03/26
1RUB in Million2RUB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 70Cr
10.94x0.69x7.89x3.63% 456.16Cr
11.38x1.22x8.96x9.58% 139.13Cr
7.29x1.77x7.13x3.55% 81Cr
Average 9.87x 1.23x 7.99x 5.59% 186.6Cr
Weighted average by Cap. 10.59x 0.93x 8.02x 4.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA