TransFin-M OJSC

TransFin-M OJSC

TRFM.ME
TransFin-M OJSCRU flagMoscow Stock Exchange
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RUB
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TransFin-M OJSC
TRFM.ME
(Moscow Stock Exchange)

Recent

price

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P/E

ratio

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div

yld

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ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
FRC
0.03
0.06
0.09
0.11
0.14
0.15
0.2
0.17
0.19
0.31
Revenue per Share
0.01
0.02
0.01
0.01
0.01
0.01
0.03
0.1
0.01
0.03
Basic EPS, GAAP
-0.17
-0.28
-0.13
-0.09
-0.11
-0.16
0.05
0.27
-0.39
-0.09
Free Cash Flow per Basic Share
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0.02
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0.03
Dividend per Share
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0.06
0.07
0.09
0.1
0.16
0.16
0.25
0.26
0.26
Book Value per Share
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0.06
0.09
0.13
0.16
0.2
0.18
0.25
0.26
0.26
Tangible Book Value per Share
108,000
108,000
108,000
108,000
108,000
108,000
132,150
156,300
156,300
156,300
Basic Weighted Avg Shares
3,573
6,321
9,727
12,026
14,832
16,724
26,707
26,052
30,439
48,178
Sales/Revenue/Turnover
74.73
74.09
44.18
39.7
36.57
15.55
46.15
27.63
-13.85
17.02
Operating Margin (%)
121
383
312
279
434
418
486
3,058
9,316
13,647
Depreciation Expense
559
1,936
1,385
1,350
1,445
1,594
4,434
15,696
1,036
4,076
Net Income, GAAP
29.11
15.96
17.27
15.86
24.58
21.7
18.4
13.81
18.72
22.39
Effective Tax Rate (%)
15.65
30.63
14.23
11.23
9.74
9.53
16.6
60.25
3.4
8.46
Profit Margin (%)
34
65,747
86,822
101,063
117,108
137,345
12,754
5,115
34,323
13,321
Working Capital
39
67,153
85,100
98,619
109,006
124,710
84,863
48,492
66,360
131,458
LT Debt
-1
6,530
10,103
13,802
17,485
21,879
23,788
39,359
40,093
40,160
Total Equity
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10.66
4.21
3.86
3.41
1.49
6.94
4.86
-2.71
3.84
Return on Invested Capital (%)
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10.8
5.07
4.98
4.27
4.36
6.94
16.71
5.98
5.57
Return on Capital (%)
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19.17
15.72
14.66
11.6
23.01
51.44
2.59
10.08
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
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20.27%
0.17%
Free Cash Flow
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27.2%
-76.3%
Net Income, GAAP
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128.54%
293.58%
Sales/Revenue/Turnover
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29.02%
58.28%
Total Cash Common Dividend
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77.89%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
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30,439
2021
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48,178
2022
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- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
0.01
2021
- -
- -
- -
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0.03
2022
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- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
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2021
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- -
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0.03
2022
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Business
TransFin-M PAO TransFin-M PAO (TRFM.ME) operates as a leading leasing company in Russia, specializing in financial and operational leasing for transportation and related sectors; it provides leasing services for rolling stock including freight and passenger cars, traction locomotives, aircraft, water vessels, automotive and specialized vehicles, port equipment, forestry equipment, commercial real estate, and mining special equipment. The company, founded in 2005 and headquartered at Mashi Poryvaevoi 34, Moscow, manages a substantial fleet exceeding 60,000 freight cars through its railway operator subsidiary Atlant, ranking it among Russia's eighth largest in that category, and delivers full-cycle services for specialized mining equipment via TFM-Spetstekhnika, encompassing open-pit mining operations. TransFin-M PAO focuses on industries such as rail transport, mining, logistics, and aviation, serving enterprise clients across Russia with a diversified leasing portfolio that emphasizes long-term contracts in operational leasing for rolling stock and special equipment. In February 2024, ownership of TransFin-M PAO transitioned to closed-end mutual investment funds linked to its management, with 70% acquired by ZPIF Investservice under Aurum Investment Management Company and 30% by ZPIF Thaler under Tetis Capital LLC, following a sale by former owner Alexei Tycher, who exited the railway business to pursue logistics and fintech investments. New owners, potentially including CEO Maxim Anishchenkov and board members Alexander Goland and Ivan Blagodatsky—who partnered with Tycher in the 2019 acquisition from NPF Blagosostoyanie—commit to preserving and expanding all specialized divisions amid favorable market conditions. The company maintains its strategy of developing segments like operational leasing for port and forestry equipment while navigating past leadership challenges, including the 2024 sentencing of ex-CEO Dmitry Zotov to seven years for fraud and the arrest of Tycher on related charges.