Valuation Polyus

Stocks

End-of-day quote Moscow Micex - RTS 08/07/2022			5-day change	1st Jan Change
837.60 ^RUB	+1.84%		-.--%	-

07-08	Russia's Polyus plans to halt dividends until 2030 to invest	RE
07-08	Russia's Polyus says management will recommend suspending dividends until 2030	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	27,688	23,609	17,998	17,998	12,591	17,998
Change	-	-14.73%	-23.77%	0%	-30.04%	42.94%
Enterprise Value (EV) ¹	30,169	25,829	20,213	25,308	18,787	25,077
Change	-	-14.38%	-21.74%	25.21%	-25.77%	33.48%
P/E	17.3x	10.4x	11.6x	8.98x	3.92x	3.34x
PBR	11.7x	6.8x	3.4x	-19.8x	10.1x	3.63x
PEG	-	0.3x	-0.4x	0.3x	0x	0.2x
Capitalization / Revenue	5.54x	4.75x	4.23x	3.31x	1.71x	2.06x
EV / Revenue	6.04x	5.2x	4.75x	4.66x	2.56x	2.87x
EV / EBITDA	8.46x	7.58x	8.5x	6.84x	3.59x	4.39x
EV / EBIT	9.35x	8.43x	10.4x	7.89x	3.96x	4.84x
EV / FCF	18.7x	24.4x	-91.8x	21.7x	17.7x	25.2x
FCF Yield	5.35%	4.1%	-1.09%	4.61%	5.65%	3.96%
Dividend per Share ²	0.8483	0.772	0.5993	-	1.861	1.351
Rate of return	4.15%	4.41%	4.51%	-	14%	10.2%
EPS ²	1.185	1.677	1.147	1.48	3.388	3.98
Distribution rate	71.6%	46%	52.2%	-	54.9%	33.9%
Net sales ¹	4,998	4,966	4,257	5,436	7,343	8,723
EBITDA ¹	3,564	3,408	2,379	3,699	5,229	5,715
EBIT ¹	3,227	3,065	1,935	3,209	4,746	5,176
Net income ¹	1,598	2,270	1,560	1,729	3,219	3,789
Net Debt ¹	2,481	2,220	2,215	7,310	6,196	7,079
Reference price ²	20.46	17.49	13.29	13.29	13.29	13.29
Nbr of stocks (in thousands)	1,353,100	1,350,050	1,354,240	1,354,240	947,420	1,354,244
Announcement Date	25/02/21	01/03/22	15/03/23	29/02/24	05/03/25	13/03/26

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
POLYUS	-	-	-	-	14.12B
FRANCO-NEVADA CORPORATION	28.96x	16.82x	17.88x	0.75%	45.21B
ZIJIN GOLD INTERNATIONAL COMPANY LIMITED	14.94x	5.33x	8.05x	2.27%	43.48B
GOLD FIELDS LIMITED	8.15x	2.9x	4.13x	5.49%	35.88B
EVOLUTION MINING LIMITED	16.73x	4.87x	8.52x	3.1%	19.03B
ZHONGJIN GOLD CORP.,LTD	11.32x	-	-	5.81%	17.44B
HARMONY GOLD MINING COMPANY LIMITED	7.11x	2x	4.04x	4.39%	12.18B
TRIPLE FLAG PRECIOUS METALS CORP.	19.49x	12.56x	14.8x	0.75%	6.48B
RAMELIUS RESOURCES LIMITED	42.96x	6.02x	9.35x	1.41%	4.78B
PT ANTAM (PERSERO) TBK	6.89x	0.54x	4.32x	8%	4.14B
Average	17.39x	6.38x	8.89x	3.55%	20.27B
Weighted average by Cap.	17.04x	7.75x	9.79x	3.12%