What is Cherkizovo (GCHE)'s P/E ratio?

Cherkizovo (GCHE) trades at a P/E of 4.0x (price to trailing 12-month earnings).

What is Cherkizovo (GCHE)'s EV/EBITDA?

Cherkizovo (GCHE) trades at 3.9x EV/EBITDA.

What is Cherkizovo (GCHE)'s P/B ratio?

Cherkizovo (GCHE) trades at a P/B of 1.0x.

What is Cherkizovo (GCHE)'s dividend yield?

Cherkizovo (GCHE)'s trailing 12-month dividend yield is 10.0%.

What is Cherkizovo (GCHE)'s return on equity (ROE)?

Cherkizovo (GCHE)'s ROE is 18.4%.

What is Cherkizovo (GCHE)'s market capitalization?

Cherkizovo (GCHE)'s market cap is 148.2 bn RUB.

Cherkizovo (GCHE) Stock — Financials, Valuation & Dividends

Cherkizovo Group is Russia's largest meat producer: poultry, pork and processed meat products under brands such as Petelinka and Cherkizovo, with its own feed and grain operations.

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial results

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
2026-06-30	H1 2026 (6M)	OK	141.6 y/y 3.5% y/y 3.5%	23.0 y/y 31.8% y/y 31.8%	8.5 y/y 5.6% y/y 5.6%	31.5 y/y 23.5% y/y 23.5%	14.1 y/y 102.6% y/y 102.6%	19.8	-9.2	359.4 y/y 5.9%	155.2 y/y 21.3%	18.4%	139.5	Report (PDF)
2025-12-31	H2 2025 (6M)	OK	151.9 y/y 11.4% y/y 12.8%	32.1 y/y 62.0% y/y 256.4%	9.6 y/y 11.6% y/y 12.5%	41.7 y/y 44.8% y/y 137.4%	23.1 y/y 50.7% y/y 499.2%	24.0	-14.0	360.8 y/y 10.2%	150.8 y/y 20.5%	21.6%	139.9	Report (PDF)
2025-06-30	H1 2025 (6M)	OK	136.9 y/y 9.8% y/y 9.8%	17.4 y/y -19.1% y/y -19.1%	8.0 y/y 10.6% y/y 10.6%	25.5 y/y -11.6% y/y -11.6%	7.0 y/y -56.8% y/y -56.8%	7.7	-10.7	339.4 y/y 13.0%	127.9 y/y 0.4%	11.0%	149.8	Report (PDF)
2024-12-31	H2 2024 (6M)	OK	134.6 y/y 13.7% y/y 7.5%	9.0 y/y -24.5% y/y -58.4%	8.6 y/y 11.6% y/y 11.7%	17.6 y/y -15.1% y/y -40.1%	3.9 y/y -39.6% y/y -76.5%	16.3	-31.1	327.5 y/y 15.4%	125.1 y/y 4.3%	15.8%	140.6	Report (PDF)
2024-06-30	H1 2024 (6M)	OK	124.7 y/y 21.3% y/y 21.3%	21.6 y/y 14.6% y/y 14.6%	7.3 y/y 11.5% y/y 11.5%	28.8 y/y 13.8% y/y 13.8%	16.1 y/y -3.4% y/y -3.4%	15.2	-17.0	300.3 y/y 13.1%	127.4 y/y 17.3%	26.0%	114.2	Report (PDF)
2023-12-31	H2 2023 (6M)	OK	125.3 y/y — y/y —	21.6 y/y — y/y —	7.7 y/y — y/y —	29.3 y/y — y/y —	16.4 y/y — y/y —	25.2	-24.2	283.7 y/y —	120.0 y/y —	28.9%	101.5	Report (PDF)
2023-06-30	H1 2023 (6M)	OK	102.8 y/y — y/y —	18.8 y/y — y/y —	6.5 y/y — y/y —	25.3 y/y — y/y —	16.6 y/y — y/y —	9.0	-10.5	265.6 y/y —	108.6 y/y —	—	97.8	Report (PDF)

Net debt structure (leases included, IFRS 16) 2026-06-30

Net debt	139 527
Short-term debt (incl. ST leases)	73 714
Long-term debt (incl. LT leases)	81 857
− Cash & equivalents	16 044

Net debt / LTM EBITDA: 1.9x

Revenue & EBITDA

RevenueEBITDA

Quarterly values (₽ mln)

Year-over-year change

Cash flow

Operating and investing cash flow (OCF + ICF) (₽ mln)

Net debt / cash (₽ mln)

Profit and cash

Worth a look

In a typical year of 2021–2025 operating cash flow came to 1.24x of reported net profit; after capex, 0.25x.

year	2021	2022	2023	2024	2025
cash flow / profit	1.24x	1.76x	1.03x	1.58x	1.06x
accruals, % of assets	-2.1%	-4.4%	-0.4%	-3.5%	-0.5%

Last twelve months (to 2026-06-30): 1.18x of profit came back as operating cash flow.

net debt / EBITDA 2.1x · capex 1.9x of depreciation · dividends 235% of free cash flow

● Dividends were 235% of the free cash flow earned over the window.

Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Key-commodity price — Chicken broiler (RUB)

Current 276spot vs LTM +14%

Commodity price upside

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 company's 3-YEAR MEDIAN EV/EBITDA (clamped to 1-10x). Cash costs are indexed by RU inflation (~7%); a pure producer has no commodity cost driver to re-price.

USD/RUB: spot 81 vs LTM-avg 79 → ×1.03 (ruble weaker → more RUB revenue); applied to USD-priced commodities (RUB gold left as-is).

Upside (conservative): +1% · spot +22% · 3-yr -21%

How it is calculated — revenue → costs → EBITDA → conservative EBITDA → target market cap

1 · Reported baseline (LTM to 2026-06-30)
Revenue	293.5 bln RUB
EBITDA	73.2 bln RUB
Cash costs (revenue − EBITDA)	220.3 bln RUB
2 · Revenue projection
Multiplier — spot	×1.07 (+7%)
= Spot revenue	312.9 bln RUB
Multiplier — 3-yr prices	×1.01 (+1%)
= 3-yr-price revenue	296.5 bln RUB
3 · Cost projection (+ RU inflation ~5%)
Cost multiplier	×1.05 (+5%)
= Cash costs	231.3 bln RUB
4 · EBITDA projection (revenue − costs)
= Spot EBITDA	81.6 bln RUB
= 3-yr-price EBITDA	65.2 bln RUB
= Avg-scenario EBITDA (spot + 3-yr)/2	73.4 bln RUB
Conservative EBITDA = min(spot, avg(spot, 3-yr))	73.4 bln RUB
5 · Valuation → target market cap
EV/EBITDA (3y hist. p75)	3.9x
Target EV = EV/EBITDA × conservative EBITDA	288.6 bln RUB
Net debt (as of 2026-06-30)	139.8 bln RUB
Target market cap = EV − net debt	148.8 bln RUB
Current market cap	148.0 bln RUB

Upside = target market cap ÷ current − 1 = +1%

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)
Chicken broiler (RUB)	62%	276.31	242.28	+14%	+14%	+3%
Lean pork (RUB)	29%	1 900.37	1 900.37	+0%	+0%	+2%
Wheat (RUB)	8%	11 000.00	14 871.83	-26%	-26%	-15%

Revenue growth & acceleration

Growth steady →

Last-year revenue growth +11% vs +14% the year before — a -2.3 pp move. 3-year CAGR +16%.

revenue growth by year: 2023 +24% · 2024 +14% · 2025 +11%

The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — daily history

Current 3.9x · 3-year 75th pct 6.5x

EV/EBITDA3-year 75th pct

Peer comparison

Group: consumer (Russia). Every peer trades on the same market, so no adjustment is needed.

Company	Market	Cap, $bn	EV/EBITDA
Fix Price	Russia	0.5	1.2x
Henderson	Russia	0.1	1.8x
Magnit	Russia	1.5	2.0x
Lenta	Russia	2.5	2.7x
VseInstrumenti	Russia	0.5	2.7x
X5 Retail Group	Russia	6.6	2.9x
Beluga	Russia	0.3	3.0x
Rusagro	Russia	0.8	4.8x
Abrau Durso	Russia	0.2	4.9x
OKEY	Russia	0.2	5.5x
Inarctica	Russia	0.3	6.9x
Group median			2.9x
Group average			3.5x
This company	Russia	1.8	3.9x

Group median 2.9x; this company 3.9x — a 36% premium.

Group average 3.5x; against the average this company is at a 12% premium.

At the adjusted group median the market cap would be -52% versus today.

The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 20.9x, Russia 3.7x, South Africa 5.0x, Kazakhstan 4.7x, India 18.8x, Indonesia 5.1x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-22; the company's own is live.

Dividend potential

Illiquid — forecast not shown

The line trades very thinly (low average daily turnover), so the model dividend forecast is unreliable and is not shown. Actual (sporadic) payments are in the dividend-history card below.

Dividend history

Paid, trailing 12-mo: 349.56 RUB/sh · 10.0%

Pay year	Dividend /sh
2026	349.56 ₽
2025	98.92 ₽
2024	347.49 ₽
2023	118.43 ₽
2022	148.05 ₽
2021	219.27 ₽
2020	109.71 ₽
2019	150.42 ₽

Payments by period

Period	Last day to buy	/sh
2026 q4	2026-10-08	120.19 ₽
2026 q2	2026-04-06	229.37 ₽
2025 q2	2025-04-04	98.92 ₽
2024 q3	2024-09-26	142.11 ₽
2024 q2	2024-04-04	205.38 ₽
2023 q3	2023-09-28	118.43 ₽
2022 q4	2022-12-08	148.05 ₽
2021 q3	2021-09-29	85.27 ₽
2021 q2	2021-04-01	134.00 ₽
2020 q4	2020-10-01	48.79 ₽

Dividends

No dividend rows found for this issuer.

Investment-community mentions

Substantive mentions last 7 days: 0, last 30 days: 2 (1 positive) across tracked channels, broker research and shows. 18 passing mentions (digests, calendars) hidden.

Granite Trade 2026-10-08 08:33
…олове. Под ударами могут оказаться и банки, и энергетика, и техи., Увы, но такова реальность в моменте. 2)Черкизово: последний день с дивидендом Компания заплатит 120 рублей дивиденда, это 3,2% ДД. Цены на курицу во… open
Linmath Trade 2026-09-30 13:21
▲ …ионеры рассмотрят ранее рекомендованные дивиденды по результатам 6 мес. 2026г. в размере 4,61 руб. на акцию 🌽 $GCHE — Акционеры рассмотрят ранее рекомендованные дивиденды по результатам 6 мес. 2026г. в размере 120,19 руб… open
СберИнвестиции 2026-08-24 20:03
▲ …ые финансовые последствия повреждения складской инфраструктуры и риски повторных атак. ⚫️ Совет директоров «Черкизово» (+2,1%) рекомендовал дивиденды за первое полугодие — 120,19 ₽ на акцию. Внеочередное собрание акцио… open
Альфа-Инвестиции 2026-08-24 15:40
▲ 💰 Черкизово вернулось к дивидендам Совет директоров компании рекомендовал выплатить 120,19 рубля на акцию по ито… open
Granite Trade 2025-12-02 08:15
▲ …ет Путин и вся экономическая верхушка - будет много интересного. Ну и завтра что-то интересное может быть. 3)Черкизово: ели мясо мужики Компания отчиталась по МСФО на прошлой неделе за 9М 2025. Выручка выросла на 11,2%… open

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.

Corporate events

01.10.26	AGM / Board	★ ▲ Решения общих собраний участников (акционеров) На внеочередном собрании акционеров ПАО «Группа Черкизово» принято решение о выплате дивидендов в размере 120,19 руб. на акцию по результатам первого полугодия 2026 года. Дата определения лиц, имеющих право на получение дивидендов, установлена на 11 октября 2026 года.
19.08.26	Filing	★ ▲ Проведение заседания совета директоров (наблюдательного совета) и его повестка дня Совет директоров ПАО «Группа Черкизово» проведет заседание 21 августа 2026 года, на котором будет обсуждаться проведение внеочередного общего собрания акционеров и рекомендации по выплате дивидендов за первое полугодие 2026 года.
05.10.26	AGM / Board	Решения совета директоров (наблюдательного совета) Совет директоров ПАО «Группа Черкизово» утвердил отчет об устойчивом развитии за 2025 год и новое Положение о комитете по инвестициям. Количественный состав Правления утвержден в 17 членов. Все решения были приняты единогласно.
29.09.26	Material event	События (действия), оказывающие, по мнению эмитента, существенное влияние на стоимость или котировки его ценных бумаг ПАО «Группа Черкизово» объявило о досрочном погашении биржевых облигаций серии БО-002Р-02 в дату окончания 15-го купонного периода, что может повлиять на стоимость его ценных бумаг. Погашение намечено на 15 октября 2026 года.
07.08.26	Material event	Информация об иных событиях (действиях), оказывающих, по мнению эмитента, существенное влияние на стоимость или котировки его ценных бумаг 07 августа 2026 года ПАО «Группа Черкизово» установила значение S-спреда для своих биржевых облигаций (серия БО-002Р-05) на уровне 1,40% годовых. Это событие может существенно повлиять на стоимость и котировки ценных бумаг компании.

Source: e-disclosure material filings over the last 180 days; ★ — flagged important by the classifier; summaries are automatic.

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 Cherkizovo (GCHE) — from primary filings.

Issue	YTM	Coupon	Price, %	1D	Volume today, ₽	Avg vol. 20D, ₽	Maturity
ЧеркизБ2P1	11.2%	10.8%	100.05	+0.05%	2.5M	6.0M	03.2027
ЧеркизБ2P2	float	float	100.00	-0.08%	592K	1.1M	07.2027
ЧеркизБ1P7	float	float	100.30	-0.07%	1.8M	1.6M	07.2027
ЧеркизБ1P6	—	11.3%	—	—	—	—	12.2027
ЧеркизБ2P5	float	float	100.20	+0.11%	537K	7.8M	07.2029
ЧеркизБ2P6	float	float	100.22	-0.17%	133K	136.8M	09.2029
ЧеркизБ2P3	float	float	—	—	—	—	06.2031
ЧеркизБ2P4	float	float	—	—	—	—	06.2031

Cherkizovo (GCHE) RUB

Price chart

Key metrics

Market

Growth

Multiples

Cash return

Value creation

Liquidity