Financials Rosseti Moscow Region

Equities

MSRS

RU000A0ET7Y7

Electric Utilities

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
0.88 RUB +0.34% Intraday chart for Rosseti Moscow Region -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 43,788 32,147 58,034 67,703 60,372 42,862
Enterprise Value (EV) 1 129,726 116,958 149,110 151,845 135,389 95,132
P/E ratio 14.2 x 4.88 x 7.16 x 14.2 x 5.77 x 3.19 x
Yield 3.52% 8.94% 5.69% 3.55% 7.66% 11%
Capitalization / Revenue 0.29 x 0.2 x 0.36 x 0.41 x 0.33 x 0.21 x
EV / Revenue 0.86 x 0.73 x 0.92 x 0.93 x 0.73 x 0.48 x
EV / EBITDA 3.29 x 3.17 x 3.78 x 3.65 x 2.88 x 1.76 x
EV / FCF 164 x 64.9 x 35.6 x 11.6 x 11.3 x 9.68 x
FCF Yield 0.61% 1.54% 2.81% 8.65% 8.83% 10.3%
Price to Book 0.25 x 0.19 x 0.33 x 0.38 x 0.33 x 0.23 x
Nbr of stocks (in thousands) 48,707,092 48,707,092 48,707,092 48,707,092 48,707,092 48,707,092
Reference price 2 0.8990 0.6600 1.192 1.390 1.240 0.8800
Announcement Date 3/17/18 3/21/19 3/10/20 3/17/21 4/6/22 3/23/23
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 150,494 159,485 161,463 164,090 184,706 199,665
EBITDA 1 39,388 36,889 39,474 41,631 47,087 53,972
EBIT 1 18,819 16,229 17,590 19,835 24,802 31,114
Operating Margin 12.51% 10.18% 10.89% 12.09% 13.43% 15.58%
Earnings before Tax (EBT) 1 3,947 11,245 11,705 6,614 13,864 17,229
Net income 1 3,081 6,586 8,107 4,755 10,458 13,451
Net margin 2.05% 4.13% 5.02% 2.9% 5.66% 6.74%
EPS 2 0.0633 0.1352 0.1664 0.0976 0.2147 0.2762
Free Cash Flow 1 790.2 1,803 4,186 13,138 11,960 9,831
FCF margin 0.53% 1.13% 2.59% 8.01% 6.48% 4.92%
FCF Conversion (EBITDA) 2.01% 4.89% 10.6% 31.56% 25.4% 18.21%
FCF Conversion (Net income) 25.65% 27.38% 51.64% 276.31% 114.37% 73.09%
Dividend per Share 2 0.0316 0.0590 0.0678 0.0493 0.0950 0.0970
Announcement Date 3/17/18 3/21/19 3/10/20 3/17/21 4/6/22 3/23/23
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 85,939 84,812 91,076 84,142 75,017 52,270
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.182 x 2.299 x 2.307 x 2.021 x 1.593 x 0.9685 x
Free Cash Flow 1 790 1,803 4,186 13,138 11,960 9,831
ROE (net income / shareholders' equity) 1.78% 3.9% 4.69% 2.71% 5.76% 7.16%
ROA (Net income/ Total Assets) 3.47% 3.03% 3.21% 3.52% 4.19% 5.05%
Assets 1 88,743 217,326 252,486 135,011 249,499 266,618
Book Value Per Share 2 3.560 3.520 3.570 3.640 3.810 3.910
Cash Flow per Share 2 0.0100 0.1500 0.0400 0.0300 0.2200 0.3200
Capex 1 26,240 24,276 27,020 26,802 31,314 39,928
Capex / Sales 17.44% 15.22% 16.73% 16.33% 16.95% 20%
Announcement Date 3/17/18 3/21/19 3/10/20 3/17/21 4/6/22 3/23/23
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

  1. Stock Market
  2. Equities
  3. MSRS Stock
  4. Financials Rosseti Moscow Region