Annonce • Apr 15
Sistema Public Joint Stock Financial Corporation, Annual General Meeting, Jun 26, 2026 Sistema Public Joint Stock Financial Corporation, Annual General Meeting, Jun 26, 2026. Annonce • Jan 21
Sberbank of Russia (MISX:SBER) acquired an unknown minority stake in PJSC Element (MISX:ELMT) from Sistema Public Joint Stock Financial Corporation (MISX:AFKS) in a transaction valued at approximately RUB 24 billion. Sberbank of Russia (MISX:SBER) acquired an unknown minority stake in PJSC Element (MISX:ELMT) from Sistema Public Joint Stock Financial Corporation (MISX:AFKS) in a transaction valued at approximately RUB 24 billion on December, 2025. sberbank will receive virtually all the assets that are part of the group, Robot Corporation remains under the control of AFK Sistema. after the completion of the deal, all of Element's production assets will be transferred to the management of one of Sberbank's subsidiaries, on the basis of which it is further planned to consolidate other companies in the industry. PJSC Element will be dissolved.
Sberbank of Russia (MISX:SBER) completed the acquisition of unknown minority stake in PJSC Element (MISX:ELMT) from Sistema Public Joint Stock Financial Corporation (MISX:AFKS) on December, 2025. Annonce • Aug 30
Etalon Group PLC agreed to acquire Joint Stock Company Business - Realty from Sistema Public Joint Stock Financial Corporation (MISX:AFKS) for RUB 14.1 billion. Etalon Group PLC agreed to acquire Joint Stock Company Business - Realty from Sistema Public Joint Stock Financial Corporation (MISX:AFKS) for RUB 14.1 billion on August 28, 2025. A cash consideration of RUB 14.1 billion will be paid by Etalon Group PLC. As part of consideration, RUB 14.1 billion is paid towards common equity of Joint Stock Company Business - Realty. The portfolio of AO Business-Real Estate includes 42 properties in attractive locations in Moscow and St. Petersburg. The sites will be used for the construction of premium and business class residential and commercial real estate projects. On the land plots of the recreational zone of the first coastline of Serebryany Bor in Moscow, Etalon Group is implementing low-rise residential and commercial development projects under the premium brand AURIX.
The Group intends to finance the transaction using funds raised during the Company's planned SPO on the Moscow Exchange. This mechanism will allow the Group to expand its land bank without attracting additional debt in the context of high interest rates. The Group expects that the integration of Business-Real Estate JSC into its perimeter, as well as the SPO, will take place before the end of 2025. Annonce • May 28
Sistema Public Joint Stock Financial Corporation, Annual General Meeting, Jun 27, 2025 Sistema Public Joint Stock Financial Corporation, Annual General Meeting, Jun 27, 2025. Annonce • May 18
Sistema Public Joint Stock Financial Corporation Announces Cancellation of Admission to Trading on the London Stock Exchange At the request of Sistema Public Joint Stock Financial Corporation the Global Depositary Receipts (50 GDR's Representing 1 Common Share of RUB 90 Each), Fully Paid, (Regulation S), Global Depositary Receipts (50 GDR's representing 1 Common Share of RUB 90 each), fully paid, (Rule 144A) have been cancelled from admission to trading on London Stock Exchange with effect from May 17, 2023. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₽14.88, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Wireless Telecom industry in Europe. Total returns to shareholders of 40% over the past three years. Reported Earnings • Jun 10
First quarter 2022 earnings released: ₽1.78 loss per share (vs ₽0.27 loss in 1Q 2021) First quarter 2022 results: ₽1.78 loss per share (down from ₽0.27 loss in 1Q 2021). Revenue: ₽216.4b (up 26% from 1Q 2021). Net loss: ₽16.7b (loss widened ₽14.1b from 1Q 2021). Over the next year, revenue is expected to shrink by 3.0% compared to a 1.9% growth forecast for the industry in Russia. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 18
Key Executive recently sold ₽69m worth of stock On the 11th of April, Vladimir Travkov sold around 5m shares on-market at roughly ₽13.30 per share. This was the largest sale by an insider in the last 3 months. This was Vladimir's only on-market trade for the last 12 months. Reported Earnings • Apr 12
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: ₽1.78 (up from ₽0.76 in FY 2020). Revenue: ₽802.4b (up 16% from FY 2020). Net income: ₽16.9b (up 138% from FY 2020). Profit margin: 2.1% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 3.9%, compared to a 1.6% growth forecast for the industry in Russia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 19% share price gain to ₽13.89, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 14x in the Wireless Telecom industry in Europe. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₽7.15 per share. Board Change • Mar 24
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Yaroslav Kuzminov was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₽16.77, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Wireless Telecom industry in Europe. Total returns to shareholders of 76% over the past three years. Major Estimate Revision • Jan 12
Consensus EPS estimates fall by 32% The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ₽768.6b to ₽752.9b. EPS estimate also fell from ₽2.42 per share to ₽1.64 per share. Net income forecast to grow 176% next year vs 20% growth forecast for Wireless Telecom industry in Russian Federation. Consensus price target broadly unchanged at ₽45.68. Share price was steady at ₽24.00 over the past week. Reported Earnings • Dec 04
Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2021 results: EPS: ₽0.078 (down from ₽0.20 in 3Q 2020). Revenue: ₽225.1b (up 22% from 3Q 2020). Net income: ₽774.0m (down 59% from 3Q 2020). Profit margin: 0.3% (down from 1.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) missed analyst estimates by 25%. Earnings per share (EPS) missed analyst estimates by 25%. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.6% growth forecast for the industry in Russia. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 24
Non-Executive Director recently sold ₽11m worth of stock On the 22nd of September, Ron Sommer sold around 392k shares on-market at roughly ₽28.12 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₽1.3b more than they sold in the last 12 months. Reported Earnings • Sep 02
Second quarter 2021 earnings released: ₽0.41 loss per share (vs ₽0.12 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: ₽180.0b (up 16% from 2Q 2020). Net loss: ₽3.92b (loss widened 227% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Board Change • Aug 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Yaroslav Kuzminov was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jul 04
Insider recently bought ₽25m worth of stock On the 30th of June, Svetlana Matveeva bought around 803k shares on-market at roughly ₽31.45 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₽139m. Insiders have collectively bought ₽1.3b more in shares than they have sold in the last 12 months. Reported Earnings • Jun 18
First quarter 2021 earnings released: ₽0.27 loss per share (vs ₽1.21 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: ₽171.5b (up 8.4% from 1Q 2020). Net loss: ₽2.55b (loss narrowed 77% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jun 12
Consensus EPS estimates increase to ₽2.56 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₽718.3b to ₽730.2b. EPS estimate increased from ₽1.59 to ₽2.56 per share. Net income forecast to grow 225% next year vs 35% growth forecast for Wireless Telecom industry in Russian Federation. Consensus price target up from ₽39.98 to ₽41.38. Share price was steady at ₽32.45 over the past week. Recent Insider Transactions • May 29
President recently bought ₽139m worth of stock On the 25th of May, Vladimir Chirakhov bought around 4m shares on-market at roughly ₽32.80 per share. This was the largest purchase by an insider in the last 3 months. This was Vladimir's only on-market trade for the last 12 months. Major Estimate Revision • May 14
Consensus EPS estimates fall to ₽1.63 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ₽765.8b to ₽735.7b. EPS estimate also fell from ₽2.00 to ₽1.63. Net income forecast to grow 205% next year vs 21% growth forecast for Wireless Telecom industry in Russian Federation. Consensus price target broadly unchanged at ₽41.96. Share price fell 3.8% to ₽32.39 over the past week. Reported Earnings • Apr 11
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₽691.6b (up 5.3% from FY 2019). Net income: ₽7.09b (up ₽46.0b from FY 2019). Profit margin: 1.0% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 20
New 90-day high: ₽36.40 The company is up 11% from its price of ₽32.75 on 20 November 2020. The Russian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽9.48 per share. Is New 90 Day High Low • Feb 02
New 90-day high: ₽33.63 The company is up 30% from its price of ₽25.84 on 03 November 2020. The Russian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽9.24 per share. Recent Insider Transactions • Dec 30
Key Executive recently bought ₽718m worth of stock On the 25th of December, Ali Uzdenov bought around 25m shares on-market at roughly ₽28.52 per share. This was the largest purchase by an insider in the last 3 months. This was Ali's only on-market trade for the last 12 months. Reported Earnings • Dec 05
Third quarter 2020 earnings released: EPS ₽0.28 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ₽184.9b (down 14% from 3Q 2019). Net income: ₽2.57b (up ₽4.85b from 3Q 2019). Profit margin: 1.4% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Nov 05
New 90-day high: ₽26.28 The company is up 31% from its price of ₽20.04 on 07 August 2020. The Russian market is down 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽268 per share. Is New 90 Day High Low • Oct 12
New 90-day high: ₽24.25 The company is up 38% from its price of ₽17.55 on 14 July 2020. The Russian market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽149 per share. Is New 90 Day High Low • Sep 25
New 90-day high: ₽21.89 The company is up 27% from its price of ₽17.24 on 26 June 2020. The Russian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽148 per share. 