Companies

Ovostar Union (OVO PW)

Business Profile

Ovostar Union is a leading industrial shell egg producer in Ukraine with an 8% market share in volume terms in 2013 (+1.6pp y-o-y). The company produced 893 million shell eggs last year (+24% y-o-y). Ovostar accounts for 93% of Ukraine’s liquid eggs products industrial output and for 5% of dry egg products production in 2013.

Financial Summary

Indicator2014201520162017E2018F
Sales ($m)7576************
EBITDA ($m)2935************
Net Income ($m)2632************
Net Debt ($m)76************

Valuation Summary

Indicator2014201520162017E2018F
P/E6.85.5************
P/Sales2.352.32************
EV/EBITDA6.35.2************
P/Book2.072.24************
Prices are quoted in UAH.


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