Financials Pharmacy Chain 36.6

Equities

APTK

RU0008081765

Drug Retailers

End-of-day quote Moscow Micex - RTS 03:30:00 08/07/2022 am IST 5-day change 1st Jan Change
12.5 RUB -0.03% Intraday chart for Pharmacy Chain 36.6 -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 20,253 11,980 82,444 1,07,208 1,06,063 95,350
Enterprise Value (EV) 1 51,767 66,705 1,22,197 1,55,920 1,35,654 1,26,988
P/E ratio -1.55 x -0.52 x -6.78 x 15.1 x -112 x 428 x
Yield - - - - - -
Capitalization / Revenue 0.42 x 0.27 x 1.79 x 2.73 x 2.4 x 1.61 x
EV / Revenue 1.07 x 1.49 x 2.65 x 3.97 x 3.08 x 2.15 x
EV / EBITDA -22.3 x -18.3 x 694 x 68.9 x 62.6 x 22.2 x
EV / FCF -5.44 x -12.9 x -61.5 x -7.86 x 5.7 x 18.6 x
FCF Yield -18.4% -7.78% -1.63% -12.7% 17.5% 5.39%
Price to Book -1.47 x -0.33 x -3.5 x -18.8 x -15.9 x -14.8 x
Nbr of stocks (in thousands) 23,30,645 23,30,647 67,08,243 76,30,434 76,30,434 76,30,434
Reference price 2 8.690 5.140 12.29 14.05 13.90 12.50
Announcement Date 19/06/18 26/04/19 29/04/20 27/04/21 17/07/23 17/07/23
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 48,253 44,664 46,049 39,267 44,104 59,048
EBITDA 1 -2,320 -3,638 176 2,264 2,167 5,724
EBIT 1 -3,791 -4,770 -711 1,247 997 4,318
Operating Margin -7.86% -10.68% -1.54% 3.18% 2.26% 7.31%
Earnings before Tax (EBT) 1 -13,140 -22,757 -8,745 -643 -1,442 411
Net income 1 -13,097 -22,977 -8,855 6,351 -950 223
Net margin -27.14% -51.44% -19.23% 16.17% -2.15% 0.38%
EPS 2 -5.619 -9.859 -1.813 0.9331 -0.1245 0.0292
Free Cash Flow 1 -9,509 -5,190 -1,988 -19,825 23,791 6,840
FCF margin -19.71% -11.62% -4.32% -50.49% 53.94% 11.58%
FCF Conversion (EBITDA) - - - - 1,097.87% 119.5%
FCF Conversion (Net income) - - - - - 3,067.32%
Dividend per Share - - - - - -
Announcement Date 19/06/18 26/04/19 29/04/20 27/04/21 17/07/23 17/07/23
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 31,514 54,725 39,753 48,712 29,591 31,638
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -13.58 x -15.04 x 225.9 x 21.52 x 13.66 x 5.527 x
Free Cash Flow 1 -9,509 -5,190 -1,988 -19,825 23,791 6,840
ROE (net income / shareholders' equity) 183% 90.8% 29.3% 6.78% 15.4% -3.41%
ROA (Net income/ Total Assets) -5.6% -8.21% -1.36% 1.79% 1.35% 6.63%
Assets 1 2,34,021 2,79,880 6,51,007 3,54,686 -70,329 3,365
Book Value Per Share 2 -5.930 -15.80 -3.510 -0.7500 -0.8700 -0.8400
Cash Flow per Share 2 0.2800 0.2200 0.1300 0.1300 0.2300 0.1100
Capex 1 365 645 1,819 1,692 699 694
Capex / Sales 0.76% 1.44% 3.95% 4.31% 1.58% 1.18%
Announcement Date 19/06/18 26/04/19 29/04/20 27/04/21 17/07/23 17/07/23
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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