Company Valuation: Kazakhtelecom

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2025 2026 2027 2028
Market Cap 1 790.6 627.9 751.8 795 987.2 - -
Change - -20.58% 19.73% - 24.18% - -
Enterprise Value (EV) 1,125 694.7 751.8 795 987.2 987.2 987.2
Change - -38.25% 8.21% - 24.18% 0% 0%
P/E - - 4.08x 4.12x - - -
PBR - - - - - - -
PEG - - - - - - -
Capitalization / Revenue 0.74x 0.5x - - 0.84x 0.77x 0.71x
EV / Revenue 0x 0x - - 0.84x 0.77x 0.71x
EV / EBITDA 0x 0x - - 2.6x 2.41x 2.23x
EV / EBIT - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 3,590 - - - - - -
Rate of return 10% - - - - - -
EPS 2 - - 8,465 10,534 - - -
Distribution rate - - - - - - -
Net sales 1 1,062 1,264 - - 1,172 1,284 1,383
EBITDA 1 509.2 596.1 - - 379 410 442
EBIT 298.5 359.8 - - - - -
Net income 162.2 - 196.1 261.3 - - -
Net Debt 334.4 66.83 - - - - -
Reference price 2 35,800.00 28,362.32 34,500.00 43,390.00 45,880.00 45,880.00 45,880.00
Nbr of stocks (in thousands) 11,005 11,005 11,005 11,005 11,005 - -
Announcement Date 16/03/22 27/04/23 23/04/24 05/05/26 - - -
1EUR in Million2KZT
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.67x2.44x6.41x6.46% 181B
40.25x7.96x14.8x - 133B
12.41x2.07x5.33x4.39% 137B
13.39x1.85x8.07x3.12% 88.47B
13.49x2.03x5.09x2.44% 72.18B
13.91x2.52x8.11x5.34% 54.76B
22.11x5.11x18.68x4.91% 52.38B
13.44x2.56x5.5x4.58% 49.34B
25.77x3.45x7.56x3.91% 43.16B
Average 18.27x 3.33x 8.84x 4.4% 90.22B
Weighted average by Cap. 18.08x 3.42x 8.58x 4.67%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Kazakhtelecom

Historical PBR trend

Valuation ratios - PBR - Kazakhtelecom

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Kazakhtelecom

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Kazakhtelecom