Companies

Donbasenergo (DOEN)

Business Profile

Donbasenergo is the smallest thermal GenCo in Ukraine in terms of both installed capacity (2,650 MW) and electricity production (9.1 TWh in 2012). The company operates two power plants in the Donetsk region. The low operating efficiency of Donbasenergo’s generating equipment results in high fuel consumption.

Financial Summary

Indicator20142015201620172018E
Sales ($m)396245************
EBITDA ($m)998************
Net Income ($m)8(9)************
Net Debt ($m)154************

Valuation Summary

Indicator20142015201620172018E
P/E2.5neg.************
P/Sales0.050.08************
EV/EBITDA0.43.0************
P/Book0.300.47************
Prices are quoted in UAH.


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