Frontierby eninvs

Language: EN · RU

← Region

Sollers (SVAV) USD

At a glance: strengths & risks
✓Margins improving (6%→9%)✗Revenue declining (-32%)✗Profit falling (-38%)

Sector: Machinery

RU_SVAV

Price chart

365 RUBDay 2.53%

Key metrics

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.

Market

Price
365 RUB · 2.53%
Market cap
161 mln USD

Growth

Δ revenue y/y
-22.4%
Δ EBITDA y/y
163.3%

Multiples

P/E (LTM)
5.0x
3y avg: 6.3x
P/B (FY)
0.5x
P/E (ann.)
1.6x
EV/EBITDA (LTM)
—
3y avg: 152.9x
EV/EBITDA (ann.)
127.9x

Cash return

Dividend yield
16.2%
FCF yield (LTM)
—

Value creation

fundamental value/yr, % of market cap
Value created / year
-80.8%
↓ details

Liquidity

Daily turnover (MOEX)
349.4 mln RUB

Shares: connector/market_inputs

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 M USD, 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.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2025-12-31H2 2025 (6M)OK517.9
y/y -22.4%
27.7 *
y/y 4604.8%
28.9
y/y 39.9%
56.7 *
y/y 166.3%
49.4
y/y 65.3%
-232.3-981.01139.8
y/y 3.9%
352.0
y/y 0.4%
9.8%14327.0Report (PDF)
2025-06-30H1 2025 (6M)OK357.9
y/y -42.2%
0.7
y/y -98.3%
20.0
y/y -0.4%
20.7
y/y -65.2%
-17.2
y/y -176.6%
299.8-3066.01271.4
y/y 7.5%
302.5
y/y -5.7%
-10.5%-1119.0Report (PDF)
2024-12-31H2 2024 (6M)OK667.8
y/y -4.0%
0.6
y/y -99.0%
20.7
y/y -21.6%
21.3
y/y -75.0%
29.9
y/y -40.1%
-282.0-3592.01097.3
y/y 10.8%
350.6
y/y 3.9%
15.6%15013.0Report (PDF)
2024-06-30H1 2024 (6M)OK619.1
y/y 35.0%
39.4
y/y 3.7%
20.1
y/y 41.7%
59.4
y/y 14.0%
22.5
y/y 16.4%
318.0-2413.01182.8
y/y 16.3%
320.7
y/y 11.5%
13.6%-5445.0Report (PDF)
2023-12-31H2 2023 (6M)OK695.5
y/y —
58.6
y/y —
26.4
y/y —
85.0
y/y —
49.9
y/y —
48.5-2383.0990.3
y/y —
337.6
y/y —
22.1%10646.0Report (PDF)
2023-06-30H1 2023 (6M)OK458.6
y/y —
38.0
y/y —
14.2
y/y —
52.1
y/y —
19.3
y/y —
-1.7-3374.01016.9
y/y —
287.7
y/y —
—10659.0Report (PDF)

Revenue & EBITDA

RevenueEBITDA

Quarterly values (₽ mln)

02004006002023 H12023 H22024 H12024 H22025 H12025 H2

Year-over-year change

-100%0%100%200%2023 H12023 H22024 H12024 H22025 H12025 H2

Cash flow

FCF (₽ mln)

-300-200-10001002002023 H12023 H22024 H12024 H22025 H12025 H2

Net debt / cash (₽ mln)

-10 000-5 00005 00010 00015 0002023 H12023 FY2024 H12024 FY2025 H12025 FY

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: -80.8%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2025-12-31 vs 2024-12-31)
= (57 − 63) × 1.36
-9
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (161 + 14 327) ÷ 77
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 6.5) ÷ 2
= (30.0 + 6.5) ÷ 2
18.2x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 686 + 31 + 0 − 0
31
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (-9 × 18.2 + 31) ÷ 161
-80.8%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

  • half-year basis (semi-annual reporter)
  • base 2024-12-31 normalized for growth: margin 3.2% << typical 9.5% -> base EBITDA 22->63 (vs normal-margin base, not the trough)
  • net-cash rise stripped: net debt fell while EBITDA declined and no share dilution measured (likely equity raise / recapitalisation)
  • EBITDA growth from 3-yr FY trend, min of avg & latest YoY (anomalous latest-period delta)
  • EBITDA-growth term clamped to ±market cap

Revenue growth & acceleration

Growth decelerating ▼
Last-year revenue growth -32% vs +12% the year before — a -43.5 pp move. 3-year CAGR -9%.
revenue growth by year: 2023 +0% · 2024 +12% · 2025 -32%
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).

Dividend potential

Dividend-model upside: -69%

The payout is forecast from smoothed profit × payout ratio, capped by free cash flow (developers exempt — escrow) and floored at the recent actual dividend (companies hold payouts while profitable). Fair yield = key rate + the historical yield-spread to the rate (so growers that historically traded below the rate score higher). Upside = fair price / current − 1.

1 · Forecast dividend (per policy)
Smoothed net profit (median YTD-ann./LTM/FY)2 bn RUB
Payout ratio29%
Free cash flow (FY, OCF − capex) — caps payout1 bn RUB
Recent actual dividend (3-yr median)25.50 ₽
= Forecast dividend per share7.03 ₽
2 · Fair yield (spread to key rate)
CBR key rate14.2%
Historical yield spread to rate (3-yr median)-7.7 pp
= Fair dividend yield7.0%
3 · Valuation → upside
Current price334 ₽
Forecast dividend yield2.1%
Fair price (dividend-based)104 ₽

Forecast, not investment advice. Earnings annualization and policy assumptions are estimates.

Dividend history

Paid, trailing 12-mo: 25.50 RUB/sh · 7.6%

Pay yearDividend /sh
202625.50 ₽
202570.00 ₽
202489.00 ₽
202345.39 ₽
201452.52 ₽
201352.52 ₽
Payments by period
PeriodEx-date/sh
2026 q22026-06-1025.50 ₽
2025 q22025-06-1070.00 ₽
2024 q32024-07-0489.00 ₽
2023 q32023-07-0645.39 ₽
2014 q22014-06-0952.52 ₽
2013 q22013-04-0452.52 ₽

Dividends

No dividend rows found for this issuer.

Corporate events

01.06.26Filing★ ▲ Сообщение об изменении или корректировке информации, ранее опубликованной в Ленте новостей
На общем собрании акционеров ПАО 'СОЛЛЕРС', состоявшемся 29 мая 2026 года, было принято решение о выплате дивидендов в размере 25,5 руб. на акцию. Также утвержден бюджет вознаграждения членам совета директоров в размере 1,1 млн. долларов США и избран новый состав совета директоров.
29.05.26Filing★ Дата определения (фиксации) лиц, имеющих право на осуществление прав по ценным бумагам эмитента
29 мая 2026 года ПАО 'СОЛЛЕРС' установило дату определения лиц, имеющих право на получение дивидендов по обыкновенным акциям, на 11 июня 2026 года. Акции имеют государственный регистрационный номер 1-01-02461-D и ISIN RU0006914488.
29.05.26AGM / Board★ ▲ Решения общих собраний участников (акционеров)
На годовом собрании акционеров ПАО 'СОЛЛЕРС', состоявшемся 29 мая 2026 года, было утверждено распределение прибыли с выплатой дивидендов в размере 25,5 руб. на акцию. Также был утвержден бюджет вознаграждения членам совета директоров в размере 1,1 млн. долларов США.
17.04.26AGM / Board★ ▲ Решения совета директоров (наблюдательного совета)
Совет директоров ПАО 'СОЛЛЕРС' принял решения о созыве годового собрания акционеров и рекомендовал выплатить дивиденды в размере 25,5 руб. на акцию. Также предоставлено согласие на совершение ряда сделок с заинтересованностью, включая поручительства с лимитами до 4 млрд руб.

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

Investment-community mentions

Substantive mentions last 7 days: 0, last 30 days: 0 across tracked channels, broker research and shows. 3 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 Sollers (SVAV) — from primary filings.

Frequently asked questions

What is Sollers (SVAV)'s P/E ratio?
Sollers (SVAV) trades at a P/E of 5.0x (price to trailing 12-month earnings).
What is Sollers (SVAV)'s EV/EBITDA?
Sollers (SVAV) trades at 187.4x EV/EBITDA.
What is Sollers (SVAV)'s P/B ratio?
Sollers (SVAV) trades at a P/B of 0.5x.
What is Sollers (SVAV)'s dividend yield?
Sollers (SVAV)'s trailing 12-month dividend yield is 16.2%.
What is Sollers (SVAV)'s return on equity (ROE)?
Sollers (SVAV)'s ROE is 28.1%.
What is Sollers (SVAV)'s market capitalization?
Sollers (SVAV)'s market cap is 161 mln USD.