Companies

Svitlo Shakhtarya (HMBZ)

Business Profile

Svitlo Shakhtarya is a leading manufacturer of face conveyers in the CIS, including for extraction from thin coal beds that are difficult to access. The company also produces gate and portable conveyers, loaders, mine lighters and spare parts, supplying most of its output to domestic coalmines such as Pavlohrad Coal, Pokrovskoe Mine, Zasyadko Mine, Krasnolymanska Mine and Krasnodon Coal. Domestic sales accounted for more than 95% of Svitlo Shakhtarya’s 2010 revenues. Its key competitors include Russia’s Anzheromash and Yuginsky and Skopinsky machine-building plants.

Financial Summary

Indicator2014201520162017E2018F
Sales ($m)4218************
EBITDA ($m)41************
Net Income ($m)7(2)************
Net Debt ($m)37************

Valuation Summary

Indicator2014201520162017E2018F
P/E1.3neg.************
P/Sales0.210.48************
EV/EBITDA3.215.0************
P/Book0.180.25************
Prices are quoted in UAH.


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