Russian Potentially Undervalued Companies

Novolipetsk Steel

Market Cap: ₽4.1b

Public Joint Stock Company "Novolipetsk Steel", together with its subsidiaries, manufactures and sells steel products.

Moscow Exchange MICEX-RTS

Market Cap: ₽192.3b

Public Joint-Stock Company Moscow Exchange MICEX-RTS, an integrated exchange, provides competitive trading, clearing, settlement, depository, and information services to financial market participants.

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.

Energy and Electrification Company Samaraenergo

Market Cap: ₽4.3b

Public Joint-Stock Energy and Electrification Company Samaraenergo, an energy sales company, supplies electricity in the Samara region.

Surgutneftegas

Market Cap: ₽928.7b

Surgutneftegas Public Joint Stock Company, together with its subsidiaries, engages in the exploration and production of hydrocarbons in Russia.

Inter RAO UES

Market Cap: ₽250.0b

Public Joint Stock Company Inter RAO UES operates as a diversified energy holding company in Russia and internationally.

Group of Companies TNS energo

Market Cap: ₽9.6b

Public Joint Stock Company Group of Companies TNS energo operates as an independent energy supply company in Russia.

Beluga Group

Market Cap: ₽32.0b

Public joint-stock company Beluga Group, together with its subsidiaries, engages in the production, wholesale, and retail of distilled alcohol and food products in Russia and internationally.

World Trade Center Moscow

Market Cap: ₽7.2b

Joint Stock Company "World Trade Center Moscow" operates as a multifunctional business complex in Russia.

PAO NOVATEK

Market Cap: ₽20.9b

PAO NOVATEK, an independent oil and gas company, engages in the acquisition, exploration, development, production, processing, marketing, and export of natural gas and liquid hydrocarbons.

Magnit

Market Cap: ₽435.4b

Public Joint Stock Company Magnit, together with its subsidiaries, engages in the retail and distribution of consumer goods under the Magnit, DIXY, and Megamart names.

Bank Saint-Petersburg

Market Cap: ₽34.6b

"Bank "Saint-Petersburg" Public Joint-Stock Company, a universal bank, provides a range of banking products and services to individuals and corporates in Russia.

RBC

Market Cap: ₽970.6m

Public Joint Stock Company RBC, together with its subsidiaries, operates in the Internet, television, and print media businesses in Russia and internationally.

PhosAgro

Market Cap: ₽1.0t

Public Joint-Stock Company PhosAgro, together with its subsidiaries, engages in the production and distribution of apatite concentrate and mineral fertilizers in Russia and internationally.

Sollers

Market Cap: ₽5.5b

Sollers Public Joint Stock Company, together with its subsidiaries, manufactures and sells vehicles in Russia.

Stavropolenergosbyt

Market Cap: ₽593.6m

Stavropolenergosbyt Public Joint-Stock Company supplies electricity in the Stavropol territory, Russia.

Human Stem Cells Institute

Market Cap: ₽4.3b

Public Joint-Stock Company ‘Human Stem Cells Institute’ operates as a biotech company primarily in Russia.

PAO TMK

Market Cap: ₽63.0b

PAO TMK produces and sells steel pipes for the oil and gas, chemical and petrochemical, energy and machine-building, construction, agriculture, and other economic sectors.

Interregional Distribution Grid Company of the North-West

Market Cap: ₽2.6b

Public Joint-Stock Company Interregional Distribution Grid Company of the North-West, together with its subsidiaries, provides services for the transmission and distribution of electricity through electric grids.

PJSC Tatneft

Market Cap: ₽915.4b

Engages in exploration, development, and production of crude oil in Russia and internationally.

Mining and Metallurgical Company Norilsk Nickel

Market Cap: ₽2.6t

Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, together with its subsidiaries, operates as a metals and mining company in Europe, Asia, North and South America, Russia, and the CIS countries.

Petropavlovsk

Market Cap: ₽47.5m

Petropavlovsk PLC operates as a gold mining company in the Far East of Russia.

Lipetsk Power Sale Company

Market Cap: ₽1.3b

Lipetsk Power Sale Company Open Joint-Stock Company engages in the supply of electricity to businesses and individuals in the Lipetsk region, Russia.

Perm Energy Supplying

Market Cap: ₽4.1b

Public Joint Stock Company Perm Energy Supplying Company engages in the electricity supply to the population and organizations of the Perm Krai.

NPO Nauka

Market Cap: ₽2.1b

Public joint stock company NPO Nauka engages in the manufacture and sale of aerospace equipment in Russia and internationally.

United Company RUSAL International

Market Cap: ₽50.9b

Engages in production and sale of aluminium and related products in Russia.

Novorossyisk Grain Plant

Market Cap: ₽20.7b

Public Joint Stock Company Novorossyisk Grain Plant owns and operates grain terminals in Russia.

Chelyabinsk plant of the profiled steel decking

Market Cap: ₽1.5b

Public joint stock company "Chelyabinsk plant of the profiled steel decking" produces and sells building structures and materials for rolled metal products in Russia.

SPB Exchange

Market Cap: ₽18.8b

Public Joint-Stock Company SPB Exchange operates a stock exchange in Russia.

Unipro

Market Cap: ₽92.6b

Public Joint-Stock Company Unipro engages in the production and sale of electricity, and power and heat energy in Russia.

PJSC LSR Group

Market Cap: ₽56.3b

PJSC LSR Group, together with its subsidiaries, engages in the real estate development, homebuilding, and construction materials businesses.

Kazan Organichesky sintez

Market Cap: ₽125.0b

Kazan Public Joint Stock Company Organichesky sintez, together with its subsidiaries, produces and sells chemical products in Russia.

Novorossiysk Commercial Sea Port

Market Cap: ₽102.7b

Public Joint Stock Company Novorossiysk Commercial Sea Port, together with its subsidiaries, provides stevedoring, port, and sea vessel services in Russia.

Central Telegraph

Market Cap: ₽1.4b

Central Telegraph Public Joint Stock Company provides telecommunication services to individuals and legal entities, and telecommunications operators in Russia.

TNS energo Mari El

Market Cap: ₽2.0b

Public Joint-stock Company TNS energo Mari El supplies electricity in the Republic of Mari El.

TNS energo Rostov-on-Don

Market Cap: ₽4.4b

Public Joint Stock Company "TNS energo Rostov-on-Don" supplies electricity in the Rostov region, Russia.