Companies

Ternopiloblenergo (TOEN)

Business Profile

Ternopiloblenergo is a small energy distributor in Ternopil region (area: 13,824 km2; population: 1.2 million). The company owns a 23,929 km low-voltage transmission grid with 2,099 MVA of transformer capacity supplying electricity to more than 400,000 customers, including 390,000 households, 800 industrial customers and 10,000 non-industrial users. These customer groups account for 50%, 19% and 31%, respectively, of total electricity consumption in the region.

Financial Summary

Indicator200920102011E2012E2013F
Sales ($m)5062************
EBITDA ($m)55************
Net Income ($m)(1)0************
Net Debt ($m)66************

Valuation Summary

Indicator200920102011E2012E2013F
P/Eneg.neg.************
P/Sales0.050.04************
EV/EBITDA1.91.6************
P/Book0.050.05************
Prices are quoted in UAH.


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