: GOV : 354
MNT
3,800.00
52 5,400.00
52 3,800.00
4,879.96
() 29,644.28
7,801,125
6 () 955.42
:
2012 Q2 2011 2010
() 70,217,515 52,344,298 33,661,772
() 36,550,390 19,876,835 9,213,599
() 33,667,125 32,467,463 24,448,173
() 12,613,935 35,364,680 28,894,520
() 1,199,662 1,704,476 3,360,902
P/E 13.32 23.57 13.00
P/B 0.47 1.24 1.79
ROE (%) 7.48 5.25 13.75
ROA (%) 3.59 3.26 9.98
EPS- 47.80 -49.29 197.67
(%) 19.97 4.82 11.63
9,062.92 4,161.89 3,133.93
*2012
:
1
| 2013 01-
. . , , , . . , 5- .
- 20 . 2009 , . , , , , , . 2011 2 300 . Gobi by Saverio
Palatello .
. . . .
45% . 100% . , .
| 2013 1-
2009 2010 2011 2012E* 2013E
EBITDA (2012 6- )
(%) 2.20 44.35 22.39 10.00 12.00 5- : 4 (84.10%)
EPS (%) 84.41 42.25 38.39 5.63 19.81 5- : 16930 (15.90%)
:
DCF Company ownership and affiliates
WACC 20% %
6.00% WACC% 5.00 6.00 7.00
22.00
20.00
18.00
: MNT 1 53
: MNT 250 2,071
17.9.2012 56 102
50 198
4 17
Total: 361 2,441
3
5,000.00
9,623,000 3,820.00 3,880.00
3,800.00 4,000.00
3,800.00 4,500.00
3,800.00
3,813.91 3,942.24
2007 73.45%- .
4,880.0 3,425.51 3,594.84 3,786.74
4,625.47 4,879.96 5,173.62
6,238.75 6,637.29 7,108.30
2011 16
.
.
. ,
4880 .
.
.
1,376,820 3,820.00
3,469,857 4,935,861 6,830,588 7,214,833 8,644,377
3,840.00
