Company Valuation: PhosAgro

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 405,658 755,374 1,026,806 1,026,806 1,026,806 1,026,806
Change - 86.21% 35.93% 0% 0% 0%
Enterprise Value (EV) 1 562,222 909,092 1,207,144 1,250,012 1,352,162 1,347,274
Change - 61.7% 32.79% 3.55% 8.17% -0.36%
P/E 24x 5.82x 5.56x 11.9x 12.2x 8.99x
PBR 3.84x 4.59x 5.2x 6.78x 6.24x 4.29x
PEG - 0x 0.1x -0.2x -6.35x 0.3x
Capitalization / Revenue 1.6x 1.8x 1.8x 2.33x 2.02x 1.79x
EV / Revenue 2.21x 2.16x 2.12x 2.84x 2.66x 2.35x
EV / EBITDA 6.78x 4.77x 4.54x 7.46x 7.98x 6.79x
EV / EBIT 9.72x 5.52x 5.08x 9.17x 10.1x 8.49x
EV / FCF 20.6x 18.4x 14.6x 12.7x -36.2x 459x
FCF Yield 4.86% 5.43% 6.85% 7.85% -2.76% 0.22%
Dividend per Share 2 297 885 783 864 330 -
Rate of return 9.48% 15.2% 9.88% 10.9% 4.16% -
EPS 2 130.7 1,002 1,426 664.7 652 881.9
Distribution rate 227% 88.4% 54.9% 130% 50.6% -
Net sales 1 253,879 420,488 569,527 440,304 507,689 573,628
EBITDA 1 82,865 190,494 266,134 167,485 169,520 198,314
EBIT 1 57,863 164,591 237,781 136,332 133,807 158,741
Net income 1 16,932 129,697 184,662 86,084 84,430 114,205
Net Debt 1 156,564 153,718 180,338 223,207 325,356 320,468
Reference price 2 3,133.00 5,833.00 7,929.00 7,929.00 7,929.00 7,929.00
Nbr of stocks (in thousands) 129,479 129,500 129,500 129,500 129,500 129,500
Announcement Date 2/19/21 A 2/10/22 A 3/3/23 A 4/26/24 A 2/13/25 A 4/30/26 A
1RUB in Million2RUB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 12.96B
15.05x1.56x6.89x3.17% 33.1B
7.58x2.2x4.65x1.84% 17.68B
10.66x3.4x5.93x3.74% 17.83B
19.38x3.77x13.06x6.28% 14.45B
8.19x0.8x4.46x6.3% 10.63B
14.48x0.93x4.59x - 7.93B
8.88x1.08x5.45x6% 6.9B
Average 12.03x 1.96x 6.43x 4.55% 15.18B
Weighted average by Cap. 12.58x 2.11x 6.69x 4.01%

Y-o-Y evolution of P/E

Valuation ratios - P/E - PhosAgro

Historical PBR trend

Valuation ratios - PBR - PhosAgro

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - PhosAgro

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - PhosAgro