Financials Kazakhstan Stock Exchange

Equities

KASE

KZ1C00001213

Financial & Commodity Market Operators

End-of-day quote Kazakhstan S.E. 23:00:00 30/06/2024 BST 5-day change 1st Jan Change
83,000 KZT -2.24% Intraday chart for Kazakhstan Stock Exchange -3.49% +98.86%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,553 4,710 6,727 8,064 7,903 44,877
Enterprise Value (EV) 1 -22,313 8,392 1,382,281 4,189,100 11,164,826 2,736,669
P/E ratio 5.75 x 2.19 x 2.37 x 2.07 x 1.16 x 2.42 x
Yield - - - - - -
Capitalization / Revenue 1.8 x 1.1 x 1.19 x 1.1 x 0.65 x 1.64 x
EV / Revenue -7.23 x 1.96 x 245 x 572 x 915 x 100 x
EV / EBITDA -17 x 3.26 x 419 x 950 x 1,374 x 126 x
EV / FCF -0.52 x -0.24 x 39.8 x 221 x 20.5 x -6.9 x
FCF Yield -194% -414% 2.51% 0.45% 4.87% -14.5%
Price to Book 0.62 x 0.42 x 0.48 x 0.41 x 0.3 x 0.99 x
Nbr of stocks (in thousands) 942 942 961 1,075 1,075 1,075
Reference price 2 5,895 5,000 7,000 7,500 7,350 41,738
Announcement Date 05/06/19 12/06/20 10/06/21 27/06/22 14/06/23 07/06/24
1KZT in Million2KZT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,088 4,280 5,636 7,320 12,203 27,352
EBITDA 1 1,313 2,572 3,303 4,411 8,129 21,703
EBIT 1 1,231 2,486 3,193 4,297 7,963 21,368
Operating Margin 39.87% 58.08% 56.66% 58.71% 65.25% 78.12%
Earnings before Tax (EBT) 1 1,142 2,414 3,136 4,293 7,953 21,321
Net income 1 965.3 2,193 2,894 3,905 6,819 18,518
Net margin 31.26% 51.23% 51.34% 53.35% 55.88% 67.7%
EPS 2 1,025 2,282 2,956 3,632 6,342 17,223
Free Cash Flow 1 43,314 -34,733 34,726 18,992 543,824 -396,833
FCF margin 1,402.57% -811.58% 616.16% 259.47% 4,456.5% -1,450.86%
FCF Conversion (EBITDA) 3,299.56% - 1,051.38% 430.59% 6,690.32% -
FCF Conversion (Net income) 4,487.05% - 1,200.14% 486.34% 7,974.95% -
Dividend per Share - - - - - -
Announcement Date 05/06/19 12/06/20 10/06/21 27/06/22 14/06/23 07/06/24
1KZT in Million2KZT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 3,682 1,375,554 4,181,036 11,156,923 2,691,792
Net Cash position 1 27,866 - - - - -
Leverage (Debt/EBITDA) - 1.432 x 416.5 x 947.9 x 1,373 x 124 x
Free Cash Flow 1 43,314 -34,733 34,726 18,992 543,824 -396,833
ROE (net income / shareholders' equity) 11.4% 21.6% 21.3% 22% 29.4% 51.5%
ROA (Net income/ Total Assets) 2.5% 2.53% 0.25% 0.09% 0.06% 0.17%
Assets 1 38,633 86,538 1,143,228 4,263,248 11,289,990 10,624,363
Book Value Per Share 2 9,461 11,862 14,699 18,335 24,771 42,069
Cash Flow per Share 2 28,366 21,083 43,542 59,943 249,114 172,656
Capex 1 36.4 154 130 177 376 967
Capex / Sales 1.18% 3.59% 2.31% 2.41% 3.08% 3.54%
Announcement Date 05/06/19 12/06/20 10/06/21 27/06/22 14/06/23 07/06/24
1KZT in Million2KZT
Estimates
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