Financials Vladimir Chemical Plant

Equities

VLHZ

RU0007984761

Commodity Chemicals

End-of-day quote Moscow Micex - RTS 03:30:00 08/07/2022 am IST 5-day change 1st Jan Change
74.35 RUB +0.20% Intraday chart for Vladimir Chemical Plant -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 450.5 290.3 277.8 349.1 359.4 372.2
Enterprise Value (EV) 1 942 823.1 774.4 767.7 900 618.6
P/E ratio 9.42 x -14.2 x -4.27 x 9.68 x - 3.77 x
Yield - - - - - -
Capitalization / Revenue 0.17 x 0.12 x 0.11 x 0.14 x 0.1 x 0.11 x
EV / Revenue 0.36 x 0.35 x 0.3 x 0.3 x 0.25 x 0.17 x
EV / EBITDA 6.63 x 13 x 366 x 8.02 x 6.88 x 2.92 x
EV / FCF 13 x -73.6 x 46.9 x 174 x -6.56 x 2.44 x
FCF Yield 7.68% -1.36% 2.13% 0.57% -15.2% 41%
Price to Book 1.1 x 0.8 x 0.99 x 1.06 x - 0.71 x
Nbr of stocks (in thousands) 5,006 5,006 5,006 5,006 5,006 5,006
Reference price 2 90.00 58.00 55.50 69.75 71.80 74.35
Announcement Date 28/04/18 29/04/19 02/07/20 07/05/21 02/05/23 02/05/23
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 2,631 2,337 2,566 2,578 3,598 3,542
EBITDA 1 142.2 63.5 2.118 95.7 130.8 212
EBIT 1 123.8 42.53 -18.87 77.47 109.3 184.3
Operating Margin 4.71% 1.82% -0.74% 3% 3.04% 5.2%
Earnings before Tax (EBT) 1 60.28 -18.63 -73.15 43.06 61.01 127.3
Net income 1 47.84 -20.49 -65 36.06 47.56 98.6
Net margin 1.82% -0.88% -2.53% 1.4% 1.32% 2.78%
EPS 2 9.557 -4.093 -12.99 7.204 - 19.70
Free Cash Flow 1 72.35 -11.19 16.5 4.414 -137.2 253.9
FCF margin 2.75% -0.48% 0.64% 0.17% -3.81% 7.17%
FCF Conversion (EBITDA) 50.89% - 779.08% 4.61% - 119.74%
FCF Conversion (Net income) 151.23% - - 12.24% - 257.47%
Dividend per Share - - - - - -
Announcement Date 28/04/18 29/04/19 02/07/20 07/05/21 02/05/23 02/05/23
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 492 533 497 419 541 246
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.458 x 8.391 x 234.5 x 4.374 x 4.134 x 1.162 x
Free Cash Flow 1 72.3 -11.2 16.5 4.41 -137 254
ROE (net income / shareholders' equity) 11.8% -5.31% -20.2% 11.8% 13.3% 21.8%
ROA (Net income/ Total Assets) 6.44% 2.24% -1.07% 4.49% 5.65% 9.08%
Assets 1 743.2 -914.7 6,072 803.8 842 1,086
Book Value Per Share 2 81.50 72.60 56.10 65.80 - 104.0
Cash Flow per Share 2 12.30 3.530 0.7700 4.020 - 15.90
Capex 1 12.3 16.5 9.49 26.7 14.8 31.3
Capex / Sales 0.47% 0.7% 0.37% 1.03% 0.41% 0.88%
Announcement Date 28/04/18 29/04/19 02/07/20 07/05/21 02/05/23 02/05/23
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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