Companies

Poltavaoblenergo (POON)

Business Profile

Poltavaoblenergo supplies electricity in Poltava region (area: 28,800 km2; population: 1.6 million). It owns a 44,444 km low-voltage grid and a 255 MW gas-fired CHP plant in Kremenchuk, making the oblenergo a partially integrated utility. Poltava­oblenergo has a diversified customer base, with iron ore miner Poltavskiy GOK, oil refinery Ukrtatnafta and truck producer AvtoKRAZ among its largest industrial consumers.

Financial Summary

Indicator201020112012E2013E2014F
Sales ($m)265363************
EBITDA ($m)3538************
Net Income ($m)1418************
Net Debt ($m)9(31)************

Valuation Summary

Indicator201020112012E2013E2014F
P/E1.00.8************
P/Sales0.050.04************
EV/EBITDA0.7neg.************
P/Book0.130.15************
Prices are quoted in UAH.


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