Russian Potentially Undervalued Companies

TCS Group Holding

Market Cap: ₽2.5b

TCS Group Holding PLC, through its subsidiaries, provides retail banking, brokerage, insurance, acquiring and payment services in Russia.

Rostelecom

Market Cap: ₽222.8b

Provides digital services and solutions in Russia.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

Mobile TeleSystems

Market Cap: ₽463.3b

Mobile TeleSystems Public Joint Stock Company provides telecommunication services primarily in Russia.

ALROSA

Market Cap: ₽482.1b

Public Joint Stock Company ALROSA, together with subsidiaries, operates as a diamond mining company.

Federal Grid Company of Unified Energy System

Market Cap: ₽113.0b

Public Joint-Stock Company Federal Grid Company of Unified Energy System develops, operates, and manages the Unified National Electric Grid in Russia.

Fix Price Group

Market Cap: ₽1.3b

Operates in the variety value retailing business.

VTB Bank

Market Cap: ₽244.0b

VTB Bank (public joint-stock company), together with its subsidiaries, provides various banking products and services in Russia, OECD, and internationally.

International Medical Center of Biomaterials Processing and Cryostorage

Market Cap: ₽1.0b

International Medical Center of Biomaterials Processing and Cryostorage Public Joint-stock company operates as a licensed bank for personal storage of cord blood stem cells and tissue of the umbilical cord in Russia and the CIS countries.

Rosseti Centre

Market Cap: ₽10.4b

Public Joint Stock Company Rosseti Centre operates as a power grid company in Russia.

Raspadskaya

Market Cap: ₽198.1b

Public Joint Stock Company Raspadskaya, together with its subsidiaries, engages in the mining of coking coal.

Mordovia Energy Retail Company

Market Cap: ₽437.1m

Mordovia Energy Retail Company Public Joint-Stock Company, an energy sales company, purchases and sells electricity in the wholesale and retail markets in Russia.

Acron

Market Cap: ₽674.9b

Public Joint Stock Company Acron, together with its subsidiaries, manufactures, distributes, and sells chemical fertilizers and related mineral primary and by-products.

Magnitogorsk Iron & Steel Works

Market Cap: ₽352.0b

Public Joint Stock Company Magnitogorsk Iron & Steel Works, together with its subsidiaries, produces and sells ferrous metal products in Russia and the CIS countries, the Middle East, South Africa, Asia, Europe, North America, and Africa.

PJSC LUKOIL

Market Cap: ₽2.5t

PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas.

Gazprom Neft

Market Cap: ₽1.8t

Public Joint Stock Company Gazprom Neft, an integrated oil company, engages in the exploration, development, production, and sale of crude oil and gas in Russia, the CIS countries, and internationally.

Rosseti Lenenergo

Market Cap: ₽72.4b

Public Joint stock company Rosseti Lenenergo engages in the transmission and distribution of electricity in the Russian Federation.

Rosseti Moscow Region

Market Cap: ₽42.9b

Public Joint-Stock Company "Rosseti Moscow Region", together with its subsidiaries, engages in the transmission of electricity through electrical networks primarily in Moscow, Russia.

Far-Eastern Shipping

Market Cap: ₽90.0b

Far-Eastern Shipping Company PLC. provides logistics services in Russia and internationally.

Renaissance Insurance Group JSC

Market Cap: ₽26.3b

Renaissance Insurance Group JSC provides insurance and pension services in the Russian Federation.

Group of Companies Segezha

Market Cap: ₽127.9b

Group of Companies Segezha Public Joint Stock Company operates in the forestry industry in Russia and internationally.

Chelyabinsk Forge-and-Press Plant

Market Cap: ₽3.2b

Chelyabinsk Forge-and-Press Plant, Public Joint Stock Company operates as a forging company in Russia and internationally.

DIOD Maker of Eco-Friendly Equipment and Nutrition

Market Cap: ₽677.1m

DIOD Maker of Eco-Friendly Equipment and Nutrition Public Joint Stock Company researches, develops, manufactures, and sells nutritional supplements, pharmaceuticals, active cosmetics, and health equipment for home use.

Aeroflot - Russian Airlines

Market Cap: ₽66.1b

Public Joint Stock Company Aeroflot - Russian Airlines, together with its subsidiaries, provides passenger and cargo air transportation services in Russia and internationally.

Rosneft Oil

Market Cap: ₽21.0b

Public Joint Stock Company Rosneft Oil Company, together with its subsidiaries, engages in the exploration, development, production, and sale of crude oil and gas.

Tattelecom

Market Cap: ₽10.3b

Tattelecom Public Joint-Stock Company provides telecommunications services for business and home clients in the Republic of Tatarstan.

Territorial Generation Company No.2

Market Cap: ₽4.0b

Public Joint-Stock Company Territorial Generation Company No.2 engages in the production and sale of electricity and heat in the Northwestern and Central Federal districts of Russia.

Magadanenergo

Market Cap: ₽3.3b

Public Joint Stock Company Magadanenergo, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity, gas, and steam in Russia.

RussNeft

Market Cap: ₽26.1b

Public Joint Stock Company RussNeft, together with its subsidiaries, engages in prospecting, exploration, development, production, marketing of oil and gas products in Europe, the Commonwealth of Independent States, and the Russian Federation.

Nizhnekamskneftekhim

Market Cap: ₽142.9b

Public Joint Stock Company Nizhnekamskneftekhim produces and sells petrochemicals in Russia.

Krasnoyarskenergosbyt

Market Cap: ₽4.3b

Public Joint Stock Company Krasnoyarskenergosbyt sells electricity in Russia.

Slavneft-Megionneftegas

Market Cap: ₽34.4b

Joint-stock company Slavneft-Megionneftegas, together with its subsidiaries, engages in the oil and gas production activities in Russia.

Second Generating Company of the Electric Power Wholesale Market

Market Cap: ₽64.8b

Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market", together with its subsidiaries, generates and sells electricity and thermal energy in Russia.

Ashinskiy metallurgical works

Market Cap: ₽10.5b

Public Joint Stock Company 'Ashinskiy metallurgical works' operates as a metallurgical company in Russia.

Gazprom

Market Cap: ₽4.7t

Public Joint Stock Company Gazprom, an integrated energy company, engages in the geological exploration, production, processing, storage, transportation, and sale of gas, gas condensates, and oil in Russia and internationally.

KuibyshevAzot

Market Cap: ₽68.4b

Public Joint Stock Company KuibyshevAzot, together with its subsidiaries, engages in the manufacture, distribution, and sale of various chemicals in Russia, Asia, rest of Europe, and internationally.