Companies

TMM (TR61 GR)

Business Profile

TMM, a vertically integrated property developer, has operated on the Ukrainian real estate and construction market since 1994, offering a full range of construction services, from production of construction materials, to development, construction and post-construction utility services. The company has completed 32 projects with a total area of 680,000 m2 since its founding. TMM’s current portfolio comprises 34 projects with more than 3 million m2 of total space. In May 2007, TMM raised $150m from portfolio investors, listing its GDRs on the Frankfurt Stock Exchange (FSE).

Financial Summary

Indicator20132014201520162017E
Sales ($m)45-************
EBITDA ($m)2-************
Net Income ($m)(21)-************
Net Debt ($m)156-************

Valuation Summary

Indicator20132014201520162017E
P/Eneg.-************
P/Sales0.03-************
EV/EBITDA95.1-************
P/Book0.01-************
Prices are quoted in UAH.


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