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Uniwagon (UWGN) RUB

At a glance: strengths & risks
Margins improving (24%→33%)Net cash balance sheetCheaper than own history (EV/EBITDA 1.3 vs avg 4.4)Revenue declining (-55%)Profit falling (-31%)

Sector: Transport & Logistics

RU_UWGN

Price chart

16.6 RUBDay 4.80%

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
16.6 RUB · 4.80%
Market cap
48.2 bn RUB

Growth

Δ revenue y/y
-79.9%
Δ EBITDA y/y
-105.3%

Multiples

P/E (LTM)
2.2x
3y avg: 4.0x
P/B (FY)
0.7x
P/E (ann.)
<0
EV/EBITDA (LTM)
1.3x
3y avg: 4.4x
EV/EBITDA (ann.)
<0

Cash return

Dividend yield
FCF yield (LTM)
7.1%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (MOEX)
59.4 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 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.

DatePeriodStatusRevenueB RUBOperating profitB RUBD&AB RUBEBITDAB RUBNet profitB RUBOperating CFB RUBCapex + M&AB RUBAssetsB RUBEquityB RUBROE (annualized)Net debtB RUBSource
2025-12-31H2 2025 (6M)OK15.8
y/y -79.9%
-1.6
y/y -119.7%
1.0
y/y -50.3%
-0.5
y/y -105.3%
0.0
y/y -100.3%
-5.7-0.186.0
y/y -9.3%
73.4
y/y 41.9%
29.5%-20.8Report (PDF)
2025-06-30H1 2025 (6M)OK49.6
y/y -25.5%
20.6
y/y -7.0%
1.3
y/y -32.0%
22.0
y/y -9.0%
21.7
y/y 0.5%
9.4-0.194.9
y/y -22.6%
73.4
y/y 54.2%
69.4%-24.1Report (PDF)
2024-12-31H2 2024 (6M)OK78.3
y/y 63.0%
7.9
y/y -21.1%
2.1
y/y -39.3%
10.0
y/y -25.7%
9.8
y/y -73.5%
-3.1-0.294.9
y/y -16.5%
51.7
y/y 91.5%
63.1%-12.5Report (PDF)
2024-06-30H1 2024 (6M)OK66.6
y/y 96.2%
22.2
y/y
2.0
y/y 2.4%
24.2
y/y 1462.7%
21.6
y/y
10.3-0.2122.6
y/y 77.5%
47.6
y/y
115.7%-36.0Report (PDF)
2023-12-31H2 2023 (6M)OK48.1
y/y
10.0
y/y
3.4
y/y
13.4
y/y
36.9
y/y
27.8-0.2113.7
y/y
27.0
y/y
-375.7%-23.6Report (PDF)
2023-06-30H1 2023 (6M)OK33.9
y/y
-0.4
y/y
1.9
y/y
1.5
y/y
-2.9
y/y
4.0-0.169.1
y/y
-45.1
y/y
64.9Report (PDF)

Revenue & EBITDA

RevenueEBITDA

Quarterly values (₽ mln)

-20 000020 00040 00060 00080 0002023 H12023 H22024 H12024 H22025 H12025 H2

Year-over-year change

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

Cash flow

FCF (₽ mln)

-40 000-20 000020 0002023 H12023 H22024 H12024 H22025 H12025 H2

Net debt / cash (₽ mln)

-50 000-25 000025 00050 00075 0002023 H12023 FY2024 H12024 FY2025 H12025 FY

Quality / corporate governance

Potential discount −34% (factor 0.66)

This company's ranking potential is scaled down by a quality/governance factor from the signals below — de-prioritising 'cheap but problematic' names.

Fundamental value creation

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

Value created per year: -100.0%

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)
= (-528 − 9 986) × 2.00
-12 402
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (48 238 + -20 792) ÷ 21 455
1.3x
3. Target multiple
(Current EV/EBITDA + 6.5) ÷ 2
= (1.3 + 6.5) ÷ 2
3.9x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 8 277 + 0 + 0 − 0
0
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (-12 402 × 3.9 + 0) ÷ 48 238
-100.0%

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)
  • dividends/buybacks not in data - balance cash flow uses net-debt change only
  • 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 -55% vs +77% the year before — a -131.6 pp move. 3-year CAGR +16%.
revenue growth by year: 2023 +95% · 2024 +77% · 2025 -55%
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).

Dividends

No dividend rows found for this issuer.

Corporate events

22.05.26AGM / Board Решения совета директоров (наблюдательного совета)
Совет директоров рекомендовал не распределять чистую прибыль за 2025 год и не выплачивать дивиденды по обыкновенным акциям. Также принято решение о включении кандидатов в список для голосования на годовом собрании акционеров. Дата заседания совета директоров - 21.05.2026.
26.06.26AGM / BoardРешения общих собраний участников (акционеров)
На годовом собрании акционеров ПАО «Научно-производственная корпорация «Объединенная Вагонная Компания» 24 июня 2026 года было принято решение не выплачивать дивиденды по результатам 2025 года и оставить чистую прибыль в распоряжении компании. Кворум составил 81,35%. Также был избран новый Совет директоров из 9 членов и назначена аудиторская организация на 2026 год.

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. 1 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 Uniwagon (UWGN) — from primary filings.

Frequently asked questions

What is Uniwagon (UWGN)'s P/E ratio?
Uniwagon (UWGN) trades at a P/E of 2.2x (price to trailing 12-month earnings).
What is Uniwagon (UWGN)'s EV/EBITDA?
Uniwagon (UWGN) trades at 1.3x EV/EBITDA.
What is Uniwagon (UWGN)'s P/B ratio?
Uniwagon (UWGN) trades at a P/B of 0.7x.
What is Uniwagon (UWGN)'s return on equity (ROE)?
Uniwagon (UWGN)'s ROE is -79.0%.
What is Uniwagon (UWGN)'s market capitalization?
Uniwagon (UWGN)'s market cap is 48.2 bn RUB.