Companies

Retail Group (RTGR)

Business Profile

Retail Group operates retail chains in Ukraine and Moldova. Its Ukrainian chain consists of 67 stores (Velyka Kyshenya, VelMart, VK Select and VK Express brands) and was the 4th largest by turnover in 2013. The Green Hills chain in Moldova, the 2nd largest there, has 11 stores. Selling space per store averages 1,800 m2 for supermarkets and 5,000 m2 for hyper-markets.

Financial Summary

Indicator2014201520162017E2018F
Sales ($m)430300************
EBITDA ($m)64************
Net Income ($m)(43)(39)************
Net Debt ($m)9249************

Valuation Summary

Indicator2014201520162017E2018F
P/Eneg.neg.************
P/Sales0.0060.008************
EV/EBITDA15.813.3************
P/Bookneg.neg.************
Prices are quoted in UAH.


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