Philip Morris Operations a.d. Nis (BELEX:DINN)

Serbia · Delayed Price · Currency is EUR · Price in RSD

9,990.00

0.00 (0.00%)

At close: Feb 24, 2026

BELEX:DINN Financials Overview

Financials in millions RSD. Fiscal year is January - December.

Millions RSD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	37,088	37,088	32,732	31,396	28,895	25,695
Revenue Growth	13.43%	13.31%	4.25%	8.65%	12.46%	8.04%
Gross Profit	15,957	15,957	15,776	15,378	14,824	13,680
Operating Income	6,634	6,634	7,124	7,123	7,249	6,365
Net Income	5,696	5,696	6,158	6,302	6,221	5,388
Earnings Per Share	874.97	874.97	945.93	968.05	955.64	827.61
EPS Growth	-9.93%	-7.50%	-2.28%	1.30%	15.47%	10.83%

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Serbia	26,566	26,566	22,901	22,233	19,967	17,285
Foreign	10,444	10,444	9,802	9,162	8,928	8,410
Unallocated	78.29	78.29	28.61	-	2.69	7.95
Total	37,088	37,088	32,732	31,396	28,898	25,703

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	4,311	4,311	6,454	8,512	8,931	6,846
Total Debt	1,305	1,305	245.82	177.42	231.49	321.64
Net Cash (Debt)	3,005	3,005	6,208	8,334	8,699	6,525
Net Cash Growth	-51.59%	-51.59%	-25.52%	-4.20%	33.33%	30.36%
Net Cash Per Share	461.65	461.65	953.56	1280.20	1336.25	1002.23

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	6,883	6,883	6,267	6,375	8,172	8,050
Capital Expenditures	-4,335	-4,335	-2,459	-1,127	-819.68	-1,573
Free Cash Flow	2,548	2,548	3,808	5,248	7,352	6,477
Free Cash Flow Growth	-52.92%	-33.10%	-27.43%	-28.62%	13.51%	57.56%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	43.03%	43.03%	48.20%	48.98%	51.30%	53.24%
Operating Margin	17.89%	17.89%	21.77%	22.69%	25.09%	24.77%
Pretax Margin	18.14%	18.14%	22.37%	23.67%	25.53%	24.76%
Profit Margin	15.36%	15.36%	18.81%	20.07%	21.53%	20.97%
FCF Margin	6.87%	6.87%	11.63%	16.72%	25.45%	25.21%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	11.42	11.42	9.51	7.24	7.85	9.06
P/FCF Ratio	25.50	25.53	15.38	8.70	6.64	7.54
PS Ratio	1.75	1.75	1.79	1.45	1.69	1.90