Financials PhosAgro

Equities

PHOR

RU000A0JRKT8

Agricultural Chemicals

End-of-day quote Moscow Micex - RTS 03:30:00 08/07/2022 am IST 5-day change 1st Jan Change
7,929 RUB +0.11% Intraday chart for PhosAgro -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,29,707 3,11,836 4,05,658 7,55,374 10,26,806 10,26,806
Enterprise Value (EV) 1 4,64,724 4,43,168 5,62,222 9,09,092 12,07,144 12,50,012
P/E ratio 14.9 x 6.32 x 24 x 5.82 x 5.56 x -
Yield 7.54% 7.97% 9.48% 15.2% 9.88% -
Capitalization / Revenue 1.41 x 1.26 x 1.6 x 1.8 x 1.8 x 2.33 x
EV / Revenue 1.99 x 1.79 x 2.21 x 2.16 x 2.12 x 2.84 x
EV / EBITDA 6.16 x 5.87 x 6.78 x 4.77 x 4.54 x 7.42 x
EV / FCF 91.8 x 19.2 x 20.6 x 18.4 x 14.6 x 12.8 x
FCF Yield 1.09% 5.22% 4.86% 5.43% 6.85% 7.82%
Price to Book 3.01 x 2.49 x 3.84 x 4.59 x 5.2 x -
Nbr of stocks (in thousands) 1,29,500 1,29,500 1,29,479 1,29,500 1,29,500 1,29,500
Reference price 2 2,546 2,408 3,133 5,833 7,929 7,929
Announcement Date 20/03/19 21/02/20 19/02/21 10/02/22 03/03/23 26/04/24
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,33,430 2,48,125 2,53,879 4,20,488 5,69,527 4,40,304
EBITDA 1 75,494 75,434 82,865 1,90,494 2,66,134 1,68,352
EBIT 1 54,583 52,262 57,863 1,64,591 2,37,781 1,36,070
Operating Margin 23.38% 21.06% 22.79% 39.14% 41.75% 30.9%
Earnings before Tax (EBT) 1 28,110 61,184 26,670 1,60,055 2,32,297 1,14,603
Net income 1 22,069 49,349 16,932 1,29,697 1,84,662 86,084
Net margin 9.45% 19.89% 6.67% 30.84% 32.42% 19.55%
EPS 2 170.4 381.1 130.7 1,002 1,426 -
Free Cash Flow 1 5,060 23,139 27,310 49,404 82,719 97,745
FCF margin 2.17% 9.33% 10.76% 11.75% 14.52% 22.2%
FCF Conversion (EBITDA) 6.7% 30.67% 32.96% 25.93% 31.08% 58.06%
FCF Conversion (Net income) 22.93% 46.89% 161.29% 38.09% 44.79% 113.55%
Dividend per Share 2 192.0 192.0 297.0 885.0 783.0 -
Announcement Date 20/03/19 21/02/20 19/02/21 10/02/22 03/03/23 26/04/24
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,35,017 1,31,332 1,56,564 1,53,718 1,80,338 2,23,207
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.788 x 1.741 x 1.889 x 0.8069 x 0.6776 x 1.326 x
Free Cash Flow 1 5,060 23,139 27,310 49,404 82,719 97,745
ROE (net income / shareholders' equity) 21.3% 42% 14.6% 95.3% 102% 49.3%
ROA (Net income/ Total Assets) 12.7% 11.1% 11.6% 28.4% 34.5% 17.3%
Assets 1 1,73,973 4,44,822 1,46,311 4,57,332 5,34,964 4,96,631
Book Value Per Share 2 847.0 969.0 816.0 1,271 1,526 -
Cash Flow per Share 2 72.00 63.60 65.30 168.0 103.0 -
Capex 1 38,416 42,656 40,878 49,092 63,997 66,128
Capex / Sales 16.46% 17.19% 16.1% 11.68% 11.24% 15.02%
Announcement Date 20/03/19 21/02/20 19/02/21 10/02/22 03/03/23 26/04/24
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise