Companies

Druzhkivsky Machinery (DRMZ)

Business Profile

Druzhkivsky Machinery is Ukraine’s largest producer of coal machinery and a leading plant in the Mining Machines holding, which is controlled by domestic business giant SCM. The company is the monopoly producer of mechanized support gears for the mining industry and also manufactures electric locomotives and tubes for domestic coalmines. Druzhkivsky’s key competitors include Ukraine’s Sverdlovsky Machinery and Dnipropetrovsk Gear plants, Russia’s Kamensky Machinery and Uzlovsky Machinery, and Poland’s Glinnik Plant.

Financial Summary

Indicator2014201520162017E2018F
Sales ($m)30************
EBITDA ($m)(4)0************
Net Income ($m)(26)(6)************
Net Debt ($m)80************

Valuation Summary

Indicator2014201520162017E2018F
P/E0.0neg.************
P/Sales0.168.27************
EV/EBITDAneg.neg.************
P/Book0.020.04************
Prices are quoted in UAH.


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