Companies

Dzerzhinsky Steel (DMKD)

Business Profile

Dzerzhinsky Steel, the sixth-largest steel mill in Ukraine, can produce 3.5 Mt of crude steel and 3.6 Mt of finished steel annually. Following the steel market’s downturn, the company’s owner, the Industrial Union of Donbas (IUD), suspended its $1bn modernization program for the company that was to double its output capacity.

Financial Summary

Indicator201020112012E2013E2014F
Sales ($m)1,352-************
EBITDA ($m)(130)-************
Net Income ($m)(154)-************
Net Debt ($m)176-************

Valuation Summary

Indicator201020112012E2013E2014F
P/Eneg.-************
P/Sales0.06-************
EV/EBITDAneg.-************
P/Book0.55-************
Prices are quoted in UAH.


*Data available to Dragon Capital's institutional clients only.