Russian (MOEX) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies153
- 7D2.7%
- 3M-14.1%
- 1Y-22.6%
- YTD-29.4%
The market has climbed 2.7% in the last 7 days, lead by the Energy sector with a gain of 6.7%. Over the past year the market is down 23%. Earnings are forecast to grow by 5.1% annually.
Trending IndustriesOil and Gas
Market Valuation and Performance
Has the Russian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | ₽31.6t | ₽47.1t | ₽8.0t | 6.8x |
| Wed, 20 Apr 2022 | ₽30.1t | ₽46.3t | ₽8.1t | 6.9x |
| Fri, 18 Mar 2022 | ₽26.8t | ₽44.1t | ₽7.4t | 6.3x |
| Sun, 13 Feb 2022 | ₽37.5t | ₽41.4t | ₽6.8t | 8x |
| Tue, 11 Jan 2022 | ₽39.1t | ₽41.1t | ₽6.7t | 8.2x |
| Thu, 09 Dec 2021 | ₽38.9t | ₽41.0t | ₽6.7t | 8.3x |
| Sat, 06 Nov 2021 | ₽41.0t | ₽37.2t | ₽5.2t | 9.6x |
| Mon, 04 Oct 2021 | ₽39.8t | ₽36.7t | ₽5.0t | 9.6x |
| Wed, 01 Sep 2021 | ₽38.8t | ₽37.4t | ₽5.2t | 9.7x |
| Thu, 08 Jul 2021 | ₽37.0t | ₽37.4t | ₽5.1t | 8.6x |
| Wed, 31 Mar 2021 | ₽34.1t | ₽33.4t | ₽4.1t | 9.5x |
| Sat, 02 Jan 2021 | ₽31.1t | ₽30.9t | ₽2.9t | 10.8x |
| Tue, 06 Oct 2020 | ₽27.5t | ₽31.5t | ₽2.6t | 11.4x |
| Fri, 10 Jul 2020 | ₽27.6t | ₽32.5t | ₽3.3t | 9x |
| Thu, 02 Apr 2020 | ₽25.2t | ₽35.2t | ₽3.8t | 8.6x |
| Sun, 05 Jan 2020 | ₽31.3t | ₽36.3t | ₽4.9t | 8.2x |
| Wed, 09 Oct 2019 | ₽27.8t | ₽36.7t | ₽5.4t | 7.4x |
| Tue, 02 Jul 2019 | ₽28.4t | ₽37.4t | ₽5.7t | 7x |
Median PE Ratio
7.3x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 8.9x.
Past Earnings Growth
- The earnings for Russian listed companies have grown 11% per year over the last three years.
- Revenues for these companies have grown 8.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Russian Market?
| RU Market | 2.69% | |
| Energy | 6.74% | |
| Consumer Discretionary | 1.87% | |
| Industrials | 1.79% | |
| Financials | 1.53% | |
| Healthcare | 1.23% | |
| Utilities | 0.91% | |
| Telecom | -0.16% | |
| Consumer Staples | -0.46% | |
| Materials | -1.33% | |
| Real Estate | -1.95% | |
| Tech | -2.96% | |
Sector PE
- Investors are most optimistic about the Industrials sector even though it's trading below its 3-year average PE ratio of 11.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Tech sector, which is trading below its 3-year average of 7.1x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 148% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 9.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| GAZP Gazprom | ₽263.00 | 11.7% +₽649.8b | 1.8% | PS3x | Energy | |
| SIBN Gazprom Neft | ₽407.00 | 7.1% +₽127.4b | 9.0% | PS3.8x | Energy | |
| TATN PJSC Tatneft | ₽401.50 | 10.9% +₽88.9b | -17.6% | PS5.3x | Energy | |
| SBER Sberbank of Russia | ₽122.20 | 1.7% +₽44.9b | -59.5% | PB0.5x | Financials | |
| SNGS Surgutneftegas | ₽23.00 | 3.9% +₽31.1b | -35.8% | PS2x | Energy |