Companies

Turboatom (TATM)

Business Profile

Turboatom produces turbine equipment for thermal, nuclear and hydro power plants, supplying 13% of the world’s nuclear power generating capacity, which makes it the world’s fourth-largest turbine producer. In Ukraine, the company’s turbines operate at 40% of the country’s thermal power plants, 85% of nuclear power plants and 95% of hydropower plants. Turboatom’s current capacity allows for annual production of steam and hydro turbines with total generating capacity of 8 GW and 2.1 GW, respectively.

Financial Summary

Indicator2014201520162017E2018F
Sales ($m)155123************
EBITDA ($m)4988************
Net Income ($m)5475************
Net Debt ($m)(60)(94)************

Valuation Summary

Indicator2014201520162017E2018F
P/E3.42.5************
P/Sales1.191.49************
EV/EBITDA2.51.0************
P/Book1.121.17************
Prices are quoted in UAH.


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