K

Kernel Holding SA
XMUN:0KE

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Kernel Holding SA
XMUN:0KE
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Price: 4.64 EUR Market Closed
Market Cap: €1.4B

EV/FCFF

-24.9
Current
1 148%
Cheaper
vs 3-y average of 2.4

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
-24.9
=
Enterprise Value
€5.8B
/
Free Cash Flow to Firm
$-62.1m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
-24.9
=
Enterprise Value
€5.8B
/
Free Cash Flow to Firm
$-62.1m

Valuation Scenarios

Kernel Holding SA is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (2.4), the stock would be worth €-0.44 (110% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-111%
Maximum Upside
No Upside Scenarios
Average Downside
110%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple -24.9 €4.64
0%
3-Year Average 2.4 €-0.44
-110%
5-Year Average 2.4 €-0.44
-110%
Industry Average 2.8 €-0.53
-111%
Country Average 2.8 €-0.53
-111%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
UA
Kernel Holding SA
XMUN:0KE
5.8B EUR -24.9 1.7
US
Archer-Daniels-Midland Co
XETRA:ADM
28.7B EUR 9.5 31.1
US
Bunge Ltd
NYSE:BG
24B USD -38.5 29.4
SG
Wilmar International Ltd
SGX:F34
24.2B SGD 14.7 13.3
CN
Tongwei Co Ltd
SSE:600438
80.4B CNY -8.4 -9.6
MY
Sime Darby Plantation Bhd
KLSE:SIMEPLT
41.5B MYR 47.1 22.3
US
Darling Ingredients Inc
NYSE:DAR
9.5B USD 19.6 152
US
Ingredion Inc
NYSE:INGR
7.1B USD 15.4 9.8
MY
IOI Corporation Bhd
KLSE:IOICORP
26.6B MYR 61.1 16.6
MY
Kuala Lumpur Kepong Bhd
KLSE:KLK
23B MYR -3 143 914.3 23.5
CN
New Hope Liuhe Co Ltd
SZSE:000876
38.6B CNY 12.3 38.9

Market Distribution

Lower than 100% of companies in Ukraine
Percentile
0th
Based on 12 companies
0th percentile
-5.2
Low
1.8 — 2.8
Typical Range
2.8 — 2.8
High
2.8 —
Distribution Statistics
Ukraine
Min 1.8
30th Percentile 2.8
Median 2.8
70th Percentile 2.8
Max 48.4

Kernel Holding SA
Glance View

Market Cap
1.4B EUR
Industry
Food Products

Kernel Holding SA engage in the production and sale of bottled sunflower oil, meal and grains. The company is headquartered in Kiev, Kiev and currently employs 11,256 full-time employees. The company went IPO on 2007-11-23. The firm operates in seven business segments: Bottled sunflower oil segment is engaged in manufacturing, refining, bottling, marketing and distribution of bottled sunflower oil; Sunflower oil sold in bulk segment produces and sales sunflower oil in bulk (crude and refined) and meal; Grain segment is engaged in sourcing and merchandising of wholesale grain; Export terminals segment offers grain handling and transshipment services in the ports; Silo services segment provides grain cleaning, drying and storage services; Farming segment includes agricultural farming and the production of wheat, corn, soybean, sunflower seed and rapeseed, and Other segment includes activities, which are related to the administration of the Company. The firm operates in Ukraine and Russia.

0KE Intrinsic Value
9.46 EUR
Undervaluation 51%
Intrinsic Value
Price €4.64
K
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