Companies

Ukrtelecom (UTLM)

Business Profile

Ukrtelecom is Ukraine’s largest telecom operator with 9.2 million fixed-line customers (79% of total) and almost 53% of domestic fixed-line revenues (local, long-distance and international calls). It operates a cable network of 229,657 km, including an 88,800 km trunk network (99% digitalized), of which 39,326 km are fiber-optic lines, as well as international and local exchange ports (40% digitalized). Aside from providing the full range of fixed-line services, Ukrtelecom is the only holder of a 3G UMTS license in Ukraine.

Financial Summary

Indicator2014201520162017E2018F
Sales ($m)547293************
EBITDA ($m)11275************
Net Income ($m)2427************
Net Debt ($m)6556************

Valuation Summary

Indicator2014201520162017E2018F
P/E4.03.5************
P/Sales0.180.33************
EV/EBITDA1.42.0************
P/Book0.330.27************
Prices are quoted in UAH.


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