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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 70Cr
10.78x0.69x7.76x3.64% 466.4Cr
11.79x1.25x9.2x9.25% 145.36Cr
7.48x1.71x7.29x3.45% 85Cr
5.65x1.83x7.13x7.98% 66Cr
Average 8.92x 1.37x 7.84x 6.08% 166.45Cr
Weighted average by Cap. 10.16x 1.01x 7.93x 5.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA