Ferrexpo

Ferrexpo is an LSE-listed producer and exporter of iron ore pellets. Its principal production facility is the Ukrainian iron ore mining company Poltavskiy GOK. The company owns significant iron ore reserves, making it one of the world’s largest pellet producers.

Shareholders Structure

SUMMARY

Market Price ($) 1.826
Market Cap ($m) 1,075
Enterprise Value ($m) 1,302
Shares Outstanding 588,624,142
Code FXPO LN

Recommendations

FV ($) ****
Upside (%) ****
Recommendation ****
Indicator 2016 2017 2018 2019E 2020F
Sales ($m) 986 1,197 *** *** ***
EBITDA ($m) 375 551 *** *** ***
Net Income ($m) 189 394 *** *** ***
Net Debt ($m) 589 394 *** *** ***
Indicator 2016 2017 2018 2019E 2020F
P/E 5.68 2.72 *** *** ***
P/Sales 1.09 0.90 *** *** ***
EV/EBITDA 4.4 2.7 *** *** ***
P/Book 3.32 1.75 *** *** ***

Latest news about Ferrexpo

Oct 28, 2019
| Iron Ore

Ferrexpo — CEO steps down over bank probe, CFO becomes acting CEO

Ferrexpo CEO Kostyantyn Zhevago, also the company’s majority shareholder, temporarily stepped down from his position due to an ongoing criminal investigation involving him in Ukraine. The company Board appointed Chief Financial Officer Chris Mawe to serve as acting CEO in addition to his current responsibilities. Zhevago remained on Ferrexpo’s Board as a non-independent non-executive director.
Oct 10, 2019
| Iron Ore

Ferrexpo’s CEO wanted over Finance and Credit bank investigation

According to the head of the State Bureau of Investigation, the CEO and majority shareholder of Ferrexpo Konstantin Zhevago was put on the wanted list in Ukraine and the request for international warrant is currently pending. Zhevago reportedly failed to appear to receive the notice of suspicion. The Bureau asked the court for an arrest warrant.
Contact us at +38 (044) 490 7120 for more information

or