BLNG Relative Valuation - Belon OAO - Alpha Spread
B

Belon OAO
MOEX:BLNG

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Belon OAO
MOEX:BLNG
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Price: 18.34 RUB -2.03% Market Closed
Market Cap: 21.1B RUB
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Relative Value

The Relative Value of one BLNG stock under the Base Case scenario is 0.22 RUB. Compared to the current market price of 18.34 RUB, Belon OAO is Overvalued by 99%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BLNG Relative Value
Base Case
0.22 RUB
Overvaluation 99%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
3
Median 3Y
3 402.3
Median 5Y
2 113.6
Industry
1.7
vs History
vs Industry
11
Median 3Y
34.4
Median 5Y
29.1
Industry
15.4
vs History
vs Industry
0
Median 3Y
298.9
Median 5Y
232.5
Industry
8.8
vs History
vs Industry
0
Median 3Y
299.1
Median 5Y
232.6
Industry
14.4
vs History
57
vs Industry
33
Median 3Y
2.2
Median 5Y
1.8
Industry
1.4
vs History
30
vs Industry
2
Median 3Y
3 402.3
Median 5Y
2 113.6
Industry
2.1
vs History
30
vs Industry
0
Median 3Y
3 651.5
Median 5Y
2 415.1
Industry
7
vs History
30
vs Industry
100
Median 3Y
2 087.2
Median 5Y
1 361.3
Industry
9.9
vs History
31
vs Industry
0
Median 3Y
2 106.5
Median 5Y
1 446.3
Industry
12.7
vs History
vs Industry
0
Median 3Y
298.9
Median 5Y
232.5
Industry
10.1
vs History
vs Industry
0
Median 3Y
299.1
Median 5Y
232.6
Industry
12.9
vs History
57
vs Industry
31
Median 3Y
2.2
Median 5Y
1.8
Industry
1.2

Multiples Across Competitors

BLNG Competitors Multiples
Belon OAO Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
RU
Belon OAO
MOEX:BLNG
21.1B RUB 3 402.3 -107.3 2 087.2 2 084.9
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.5B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
248.7B BRL 1.2 5.1 3.3 4
AU
Fortescue Ltd
XMUN:FVJ
33B EUR 2 6.5 4.3 4.3
AU
Fortescue Metals Group Ltd
ASX:FMG
54.3B AUD 2 6.5 4.3 4.3
US
Nucor Corp
NYSE:NUE
35.1B USD 1.1 10.3 6 7.6
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.3T INR 1.3 31.2 10.6 15.2
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR 0.8 -45.4 9.9 16.9
KR
Posco Holdings Inc
KRX:005490
28.5T KRW 0.4 21.1 4.7 11
JP
Nippon Steel Corp
TSE:5401
2.9T JPY 0.3 5.4 5.1 8.4
LU
ArcelorMittal SA
NYSE:MT
19.9B USD 0.3 -33.5 8.5 -356.2
P/E Multiple
Earnings Growth
RU
B
Belon OAO
MOEX:BLNG
Average P/E: 12.3
Negative Multiple: -107.3
N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-28%
BR
Vale SA
BOVESPA:VALE3
5.1
42%
AU
F
Fortescue Ltd
XMUN:FVJ
6.5
-36%
AU
Fortescue Metals Group Ltd
ASX:FMG
6.5
-36%
US
Nucor Corp
NYSE:NUE
10.3
-29%
IN
JSW Steel Ltd
NSE:JSWSTEEL
31.2
106%
IN
Tata Steel Ltd
NSE:TATASTEEL
Negative Multiple: -45.4 N/A
KR
Posco Holdings Inc
KRX:005490
21.1
50%
JP
Nippon Steel Corp
TSE:5401
5.4
14%
LU
ArcelorMittal SA
NYSE:MT
Negative Multiple: -33.5
344%

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