Sector: Utilities
RU_ENPG
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: connector/market_inputs
Monetary columns are in B RUB, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB RUB | Operating profitB RUB | D&AB RUB | EBITDAB RUB | Net profitB RUB | Operating CFB RUB | Capex + M&AB RUB | AssetsB RUB | EquityB RUB | ROE (annualized) | Net debtB RUB | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | H2 2025 (6M) | OK | 639.4 y/y -15.0% | 35.4 y/y -27.1% | 36.5 y/y -5.3% | 72.0 y/y -17.4% | -10.2 y/y -124.9% | 120.8 | -90.9 | 2582.1 y/y -7.6% | 1104.2 y/y -11.6% | 1.7% | 1244.5 | Report (PDF) |
| 2025-06-30 | H1 2025 (6M) | OK | 780.7 y/y 22.5% | 78.0 y/y -17.3% | 39.7 y/y 20.9% | 117.7 y/y -7.4% | 29.1 y/y -66.5% | 152.9 | -84.1 | 2429.2 y/y 3.9% | 1109.6 y/y 63.4% | 4.9% | 1182.1 | Report (PDF) |
| 2024-12-31 | H2 2024 (6M) | OK | 752.6 y/y -6.9% | 48.6 y/y -4.3% | 38.6 y/y -9.8% | 87.2 y/y -6.8% | 41.0 y/y 158.4% | 159.7 | -115.9 | 2793.4 y/y 17.2% | 1248.7 y/y 99.7% | 13.3% | 1371.2 | Report (PDF) |
| 2024-06-30 | H1 2024 (6M) | OK | 637.4 y/y 13.4% | 94.3 y/y 106.7% | 32.9 y/y 14.1% | 127.2 y/y 70.9% | 86.9 y/y 70.0% | 32.4 | -62.3 | 2338.3 y/y -0.4% | 679.1 y/y 9.7% | 26.6% | 1207.7 | Report (PDF) |
| 2023-12-31 | H2 2023 (6M) | OK | 808.2 y/y — | 50.7 y/y — | 42.8 y/y — | 93.5 y/y — | 15.9 y/y — | -54.3 | -134.9 | 2384.4 y/y — | 625.4 y/y — | 10.8% | 1200.0 | Report (PDF) |
| 2023-06-30 | H1 2023 (6M) | OK | 562.3 y/y — | 45.6 y/y — | 28.8 y/y — | 74.4 y/y — | 51.1 y/y — | 62.2 | -0.5 | 2346.8 y/y — | 618.9 y/y — | — | 1253.6 | Report (PDF) |
Quarterly values (₽ mln)
Year-over-year change
FCF (₽ mln)
Net debt / cash (₽ mln)
Potential discount −18% (factor 0.82)
This company's ranking potential is scaled down by a quality/governance factor from the signals below — de-prioritising 'cheap but problematic' names.
Current 3 163spot vs LTM +4%
The same staged build as the commodity players: revenue → costs → EBITDA → conservative EBITDA (min of the spot case and the spot/3-yr average) → target market cap at the current EV/EBITDA. Cash costs are indexed by RU inflation (~7%); a pure producer has no commodity cost driver to re-price.
Upside (conservative): -90% · spot -90% · 3-yr -90%
How it is calculated — revenue → costs → EBITDA → conservative EBITDA → target market cap
| 1 · Reported baseline (latest FY) | |
| Revenue | 1.42 trn RUB |
| EBITDA | 189.7 bln RUB |
| Cash costs (revenue − EBITDA) | 1.23 trn RUB |
| 2 · Revenue projection | |
| Multiplier — spot | ×1.02 (+2%) |
| = Spot revenue | 1.45 trn RUB |
| Multiplier — 3-yr prices | ×0.94 (-6%) |
| = 3-yr-price revenue | 1.33 trn RUB |
| 3 · Cost projection (+ RU inflation ~5%) | |
| Cost multiplier | ×1.05 (+5%) |
| = Cash costs | 1.29 trn RUB |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 159.0 bln RUB |
| = 3-yr-price EBITDA | 38.3 bln RUB |
| = Avg-scenario EBITDA (spot + 3-yr)/2 | 98.7 bln RUB |
| Conservative EBITDA = min(spot, avg(spot, 3-yr)) | 98.7 bln RUB |
| 5 · Valuation → target market cap | |
| EV/EBITDA (current) | 7.8x |
| Target EV = EV/EBITDA × conservative EBITDA | 772.0 bln RUB |
| Net debt | 1.24 trn RUB |
| Target market cap = EV − net debt | 0 mln RUB |
| Current market cap | 239.8 bln RUB |
Upside = target market cap ÷ current − 1 = -90%
Product prices — move vs the LTM average; the 'RUB' columns include the USD/RUB move.
| Commodity | Revenue share | Spot | LTM avg | $ vs LTM | RUB vs LTM (FX) | RUB 3-yr (FX) |
|---|---|---|---|---|---|---|
| Aluminum | 60% | 3 163.25 | 3 047.33 | +4% | +4% | -11% |
No dividend rows found for this issuer.
| 26.06.26 | AGM / Board | ★ ▼ Решения общих собраний участников (акционеров) На годовом собрании акционеров компании «ЭН+ ГРУП», состоявшемся 26.06.2026, был утвержден годовой отчет и годовая бухгалтерская отчетность за 2025 год. Решено не выплачивать дивиденды за 2025 год. Также избран новый состав совета директоров из 12 членов и утвержден аудитор для аудита финансовой отчетности. |
| 08.06.26 | Filing | ★ ▲ Присвоение или изменение рейтинга эмитента рейтинговым агентством или иной организацией на основании договора Международная компания «ЭН+ ГРУП» присвоила новый кредитный рейтинг AА-(RU) с прогнозом «стабильный», изменив его с предыдущего уровня A(RU). Изменение рейтинга произошло 05.06.2026. |
| 20.05.26 | AGM / Board | ★ ▼ Решения совета директоров (наблюдательного совета) Совет директоров компании 'ЭН+ ГРУП' утвердил список кандидатур для выборов в совет директоров и рекомендовал Собранию не распределять чистую прибыль за 2025 год и не выплачивать дивиденды. Дата заседания совета директоров - 20.05.2026. |
| 20.03.26 | Filing | ★ ▼ Финансовые результаты деятельности эмитента (компаний группы эмитента) (прогнозные, предварительные, фактические) В 2025 году чистая прибыль ЭН+ снизилась на 82,6% до 235 млн долл. США, в то время как выручка выросла на 20,8% до 17 703 млн долл. США благодаря увеличению продаж алюминия на 16,4%. Чистый долг компании увеличился на 25,1% до 11 109 млн долл. США. |
Source: e-disclosure material filings over the last 180 days; ★ — flagged important by the classifier; summaries are automatic.
Substantive mentions last 7 days: 0, last 30 days: 1 across tracked channels, broker research and shows. 9 passing mentions (digests, calendars) hidden.
Sources: Telegram channels (bloggers — blue chip, broker research — green), YouTube shows via transcripts (orange). Tone (▲/▼) is an automatic assessment in the stock's context. Quotes are fragmentary; authors' views are not our recommendations.
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of En+ Group (ENPG) — from primary filings.
ENPG is a Russian energy company that operates in the power generation and electricity distribution sectors, primarily serving industrial and residential customers in specific regions of Russia.