31.12
RevenueUAH M
95.72
103.6
112.0
119.5
126.9
136.0
145.1
157.4
169.8
181.6
34.78
7.42%
7.35%
14
25.15
Revenue growth%
26.19
23.68
24.55
23.55
24.26
23.21
21.64
21.63
23.43
24.95
6.50
23.21
23.61
50
12.35
Gross margin%
8.79
7.03
6.57
4.00
6.23
7.83
10.13
8.27
8.23
6.15
27.52
8.23
7.43
91
10.54
Operating margin%
20.68
22.86
19.87
17.91
19.28
17.72
18.57
15.69
17.99
19.13
26.50
17.99
18.85
64
4.26
Net margin%
25.63
28.13
30.68
28.68
27.40
25.11
23.57
24.07
22.99
23.57
11.48
23.57
25.37
38
18.05
P/E ratio (avg)x
24.41
27.25
26.43
24.94
25.17
26.47
24.89
28.27
31.16
32.20
10.45
28.27
26.45
69
16.24
EV/EBITx
30.04
33.93
35.50
34.23
36.43
39.53
37.65
37.72
35.29
39.72
22.18
37.72
35.97
43
27.75
FCF yield (avg)%
25.79
23.69
25.18
23.78
24.95
25.33
24.11
22.18
22.18
23.89
3.36
23.89
24.00
33
23.12
FCF margin%
9.51
8.49
10.18
12.60
11.65
9.31
10.47
11.84
13.50
15.55
8.74
11.84
11.06
55
1.261
FCF / Net incomex
1.046
1.089
1.281
1.474
1.555
1.550
1.549
1.641
1.829
1.782
0.990
1.641
1.550
22
29.92
ROIC%
12.62
14.67
14.79
17.54
17.09
16.10
18.31
17.24
17.12
19.45
29.95
17.24
17.11
27
2.42
Return on equity%
25.74
25.29
28.11
27.29
26.12
24.25
22.61
20.73
19.92
20.32
21.90
20.73
24.77
48
12.68
Return on assets%
22.17
20.51
22.05
21.73
20.89
20.76
23.25
25.29
27.65
26.19
11.16
25.29
22.11
77
0.92
EPSUAH
0.79
0.77
0.77
0.71
0.66
0.73
0.68
0.67
0.70
0.74
0.95
2.08%
(1.66%)
—
5.97
EPS growth%
22.55
20.46
19.29
21.16
19.51
22.27
22.07
23.63
24.89
25.62
8.80
23.63
22.17
52
1.07
Bookvalue per shUAH
1.23
1.40
1.45
1.43
1.50
1.60
1.94
2.24
2.50
2.97
2.12
14.69%
9.53%
—
0.64
FCF per shareUAH
1.83
1.90
1.89
2.21
2.44
2.80
3.03
3.04
3.10
3.17
2.90
5.35%
7.13%
—
2.00
Dividend per shUAH
2.71
2.71
3.20
3.31
3.93
4.55
4.99
5.66
6.75
7.13
2.28
12.66%
11.13%
—
10.41
Div yield (avg)%
22.78
24.60
21.61
19.80
18.56
20.64
19.89
21.38
23.27
25.13
23.23
21.38
21.50
46
7.05
Payout ratio%
3.40
3.64
1.24
1.40
2.28
3.77
2.77
0.84
0.40
2.92
11.55
2.77
2.52
59
24.20
Shares (diluted)M
43.98
47.65
53.36
56.92
62.49
74.16
72.24
77.82
76.55
75.93
24.85
3.97%
7.56%
27
14.53
Buyback yield%
11.55
10.90
10.37
10.09
9.81
8.56
9.36
6.72
9.10
8.24
23.98
8.56
9.58
22
0.925
D/E ratiox
0.965
0.912
0.852
0.792
0.872
0.825
0.826
0.786
0.736
0.725
1.238
0.786
0.826
17
116.4
Enterprise valueUAH M
186.6
215.7
233.0
264.0
278.4
309.9
367.1
374.7
428.3
478.6
101.8
11.44%
10.31%
54
140.7
LT debtUAH M
12.62
12.84
13.10
13.16
15.66
14.95
14.39
16.86
19.67
19.57
72.57
4.56%
5.90%
55
Revenue
UAH 181.6M
7.35%
1.00×
Cost of revenue
UAH 104.0M
7.14%
0.98×
Operating expenses
UAH 43.89M
7.21%
0.99×
Cash and investments
15.77%
Spread over hurdle
27.85%