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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.56x2.43x6.37x6.53% 179B
40.14x8.17x15.21x - 137B
12.18x2.05x5.28x4.48% 134B
13.42x1.86x8.08x3.11% 88.47B
13.22x2x5.03x2.49% 71.32B
14.01x2.54x8.17x5.3% 55.19B
21.94x5.07x18.52x4.96% 51.79B
14.12x2.63x5.63x4.55% 50.43B
25.77x3.44x7.55x3.92% 42.9B
Average 18.26x 3.35x 8.87x 4.42% 90.07B
Weighted average by Cap. 18.14x 3.48x 8.67x 4.71%

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