Европлн1Р3

MOEX RU000A103KJ8 Bond
Yield to maturity: 13.43%
Profitability coupon from current price: 19.23%
Category: Corporate

Profitability chart

Yield to maturity chart compared to OFZ 26230

Yield to maturity

  • Denomination: 1000 ₽
  • Price % of denomination: 103.99 %
  • NKD: 78.36 ₽
  • Yield to maturity: 18.55%
  • Coupon yield: 20%
  • Profitability coupon from current price: 19.23%
  • Current yield on coupons with reinvestment: 20.16%
  • Coupon: 99.73 ₽
  • Coupon once of year: 2.01

Credit rating

  • Credit rating Акра:
    AA-(RU)
  • Credit rating Эксперт:
    AA
  • Credit rating Fitch:
    BB
  • Credit rating Moody:
    Ba2
  • Credit rating S&P:
    BB-

Grade

  • Quality: 5/10
    BQ = (R(ROE) + R(NetDebt/Equity) + R(Earnings variability)) / 3
  • Liquidity index: 10/10
    Li = (Lbasei - min(Lbase)) / (max(Lbase) - (min(Lbase))
    Lbasei = (𝑉𝑖 / 𝑉)^2, where
    Li - final value of the liquidity index
    𝑉𝑖 - average daily trading volume for the i-th instrument for the previous 30 trading days
    𝑉 - average daily trading volume for all instruments for the previous 30 trading days
    Li = (1.3 - 0.8897) / (1.16 - 0.8897)

Evstropov index

Y = 0.25 - 14.64 * R1 - 1.08 * R2 - 130.08 * R3
where Y is the calculated coefficient; R1 - the ratio of profit before taxes and interest to total assets; R2 is the growth rate of sales revenue in the reporting year; R3 - absolute liquidity ratio (ratio of cash to current liabilities).
P = 1 / (1 + e-Y) - probability of opening a bankruptcy procedure
Evstropov index, Y = 0.25 - 14.64 * 0.0219 - 1.0.8 * -0.0156 - 130.08 * 0.0047 = -0.6718
P = 1 / (1 + e0.6718) = 33.81%