Companies

Kirovohradoblenergo (KION)

Business Profile

Kirovohradoblenergo is a monopoly energy distributor in Kirovohrad region (area: 25,000 km2; population: 1.1 million). The company owns a 31,320 km low-voltage transmission grid with 3,608 MVA of transformer capacity and serves 480,000 customers. It also operates four small hydropower plants with a combined capacity of 12.3 MW. Kirovohradoblenergo’s largest consumers include the local subsidiary of the state railway monopoly, regional water utilities as well as coal, iron ore and uranium mining plants.

Financial Summary

Indicator2014201520162017E2018F
Sales ($m)9663************
EBITDA ($m)(18)3************
Net Income ($m)(9)(6)************
Net Debt ($m)35************

Valuation Summary

Indicator2014201520162017E2018F
P/Eneg.neg.************
P/Sales0.120.18************
EV/EBITDAneg.6.3************
P/Book0.210.39************
Prices are quoted in UAH.


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