from
Concorde Capital85 page report
published Jul 16, 2008
Price
$2,000.00 available for immediate download
Report Overview
Search Inside
About
Concorde Capital
Ukrainian Electricity Distribution is state regulated. The 28 licensed distribution & supply companies account for more than 90% of electricity distribution and supply in Ukraine. Underinvestment has led to a high level of worn out equipment in the sector – the regulator, NERC, has approved a double in investments to upgrade fixed assets in 2008.
The key bottom line driver for the future is tariff reform scheduled for 2009: transition from cost+ tariff policy to a RAB (regulatory asset base) policy.
In this report, we widened our set of valuation tools to more accurately estimate the companies' values under the new tariff policy. We use EV/Transformer Capacity, EV/RAB, P/B, EV/EBITDA multiples to value the 21 biggest electricity distribution companies.
|
| Source: | Concorde Consulting
|
| Document ID: | cc52
|
| Country: | Ukraine
|
| Free Sample: |
Click Here to Download
|
| Format: | | PDF |  |
|
Concorde Capital is a full service investment and consulting company, with offices in Ukraine and Russia and operations throughout CIS financial markets. Concorde Capital's information products include daily news & research reports (equity, fixed income, industry/market, macro and strategy), covering all sectors of the economy.
