Company Valuation: AK Altynalmas

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 18,840 154,178 279,392 279,392 212,892 215,053
Change - 718.34% 81.21% 0% -23.8% 1.02%
Enterprise Value (EV) 1 320,216 502,102 578,014 485,675 399,324 184,746
Change - 56.8% 15.12% -15.98% -17.78% -53.74%
P/E 0.38x 1.74x 2.47x 3.51x 1.29x 0.63x
PBR 0.19x 0.96x 1.02x 0.81x 0.56x 0.41x
PEG - 0x 0.1x -0.1x 0x 0x
Capitalization / Revenue 0.06x 0.44x 0.57x 0.58x 0.34x 0.25x
EV / Revenue 1.07x 1.44x 1.18x 1x 0.64x 0.21x
EV / EBITDA 2.08x 3.12x 2.81x 2.73x 1.47x 0.45x
EV / EBIT 2.6x 4.25x 3.87x 4.55x 1.92x 0.52x
EV / FCF 29.6x -12.9x 13.8x 6.2x 2.86x 0.58x
FCF Yield 3.38% -7.76% 7.27% 16.1% 35% 171%
Dividend per Share 2 2,351 - - 505.5 20,703 -
Rate of return 135% - - 1.96% 93.6% -
EPS 2 4,565 8,183 10,446 7,343 17,194 35,096
Distribution rate 51.5% - - 6.88% 120% -
Net sales 1 299,915 347,847 490,305 483,376 621,743 870,175
EBITDA 1 153,706 160,764 205,958 177,817 271,163 408,840
EBIT 1 123,368 118,154 149,312 106,829 207,674 354,766
Net income 1 49,454 88,645 113,167 79,547 175,607 340,016
Net Debt 1 301,376 347,924 298,622 206,283 186,432 -30,307
Reference price 2 1,739.10 14,231.79 25,790.00 25,790.00 22,108.00 22,108.00
Nbr of stocks (in thousands) 10,833 10,833 10,833 10,833 9,630 9,727
Announcement Date 30/06/21 30/05/22 30/06/23 29/05/24 30/05/25 30/05/26
1KZT in Million2KZT
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 474M
12.05x4.36x6.85x0.93% 117B
9.46x1.65x5.47x3.53% 107B
15.39x5.82x8.19x0.97% 91.51B
11.3x2.95x4.55x2.24% 64.56B
27.5x16.17x19.36x0.62% 57.18B
30.4x18.43x19.86x0.74% 45.58B
10.77x3.45x5.17x4.22% 44.27B
13.31x4.27x6.16x2.3% 41.08B
7.72x2.71x4.01x5.42% 31.7B
Average 15.32x 6.65x 8.85x 2.33% 60.03B
Weighted average by Cap. 14.65x 5.98x 8.42x 2.07%

Y-o-Y evolution of P/E

Valuation ratios - P/E - AK Altynalmas

Historical PBR trend

Valuation ratios - PBR - AK Altynalmas

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - AK Altynalmas

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - AK Altynalmas

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