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

Indicator20132014201520162017E
Sales ($m)8175************
EBITDA ($m)3629************
Net Income ($m)3126************
Net Debt ($m)57************

Valuation Summary

Indicator20132014201520162017E
P/E6.57.9************
P/Sales2.512.73************
EV/EBITDA5.87.3************
P/Book1.472.40************
Prices are quoted in UAH.


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