Companies

Khersonoblenergo (HOEN)

Business Profile

Khersonoblenergo is the monopoly energy supplier in Kherson region (area: 28,500 km2; population: 1.1 million). The company owns a 26,262 km low-voltage transmission grid with 3,731 MVA of transformer capacity and serves 11,642 corporate customers (59% of total energy sales) and 452,788 households (41%). Its largest customers include the Kherson Shipbuilding Plant, local water utility companies and food processing company Chumak.

Financial Summary

Indicator2014201520162017E2018F
Sales ($m)13593************
EBITDA ($m)(23)0************
Net Income ($m)(19)(7)************
Net Debt ($m)3527************

Valuation Summary

Indicator2014201520162017E2018F
P/Eneg.neg.************
P/Sales0.030.04************
EV/EBITDAneg.185.4************
P/Book0.120.26************
Prices are quoted in UAH.


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