Stock Analysis Report

Executive Summary

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products in Russia, the Americas, Asia, Europe, CIS, Africa, and internationally.

Snowflake Analysis

Good value with reasonable growth potential.

Similar Companies

Share Price & News

How has EVRAZ's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: EVR's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




GB Metals and Mining


GB Market

1 Year Return




GB Metals and Mining


GB Market

Return vs Industry: EVR underperformed the UK Metals and Mining industry which returned -27% over the past year.

Return vs Market: EVR underperformed the UK Market which returned -22.4% over the past year.

Shareholder returns

7 Day-8.9%2.2%3.9%
30 Day-27.1%-11.9%-16.1%
90 Day-43.0%-24.3%-26.1%
1 Year-57.9%-64.0%-21.2%-27.0%-18.2%-22.4%
3 Year57.9%-1.4%7.8%-10.3%-11.7%-23.1%
5 Year84.7%15.3%41.7%7.6%1.9%-21.5%

Price Volatility Vs. Market

How volatile is EVRAZ's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is EVRAZ undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: EVR (£2.32) is trading below our estimate of fair value (£4.76)

Significantly Below Fair Value: EVR is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: EVR is poor value based on its PE Ratio (12.8x) compared to the Metals and Mining industry average (6.9x).

PE vs Market: EVR is good value based on its PE Ratio (12.8x) compared to the UK market (12.8x).

Price to Earnings Growth Ratio

PEG Ratio: EVR is good value based on its PEG Ratio (0.4x)

Price to Book Ratio

PB vs Industry: EVR is overvalued based on its PB Ratio (2.5x) compared to the GB Metals and Mining industry average (0.9x).

Next Steps

Future Growth

How is EVRAZ forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVR's forecast earnings growth (29.1% per year) is above the savings rate (0.5%).

Earnings vs Market: EVR's earnings (29.1% per year) are forecast to grow faster than the UK market (15.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EVR's revenue is expected to decline over the next 3 years (-0.9% per year).

High Growth Revenue: EVR's revenue is forecast to decline over the next 3 years (-0.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EVR's Return on Equity is forecast to be very high in 3 years time (60.6%).

Next Steps

Past Performance

How has EVRAZ performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EVR has a large one-off loss of $353.0M impacting its December 31 2019 financial results.

Growing Profit Margin: EVR's current net profit margins (2.7%) are lower than last year (18.7%).

Past Earnings Growth Analysis

Earnings Trend: EVR has become profitable over the past 5 years, growing earnings by 66.3% per year.

Accelerating Growth: EVR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EVR had negative earnings growth (-86.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (7.2%).

Return on Equity

High ROE: EVR's Return on Equity (18.9%) is considered low.

Next Steps

Financial Health

How is EVRAZ's financial position?

Financial Position Analysis

Short Term Liabilities: EVR's short term assets ($3.8B) exceed its short term liabilities ($2.3B).

Long Term Liabilities: EVR's short term assets ($3.8B) do not cover its long term liabilities ($5.7B).

Debt to Equity History and Analysis

Debt Level: EVR's debt to equity ratio (245.8%) is considered high.

Reducing Debt: EVR's debt to equity ratio has reduced from 309.2% to 245.8% over the past 5 years.

Debt Coverage: EVR's debt is well covered by operating cash flow (51.3%).

Interest Coverage: EVR's interest payments on its debt are well covered by EBIT (6.4x coverage).

Balance Sheet

Inventory Level: EVR has a high level of physical assets or inventory.

Debt Coverage by Assets: EVR's debt is not covered by short term assets (assets are 0.8x debt).

Next Steps


What is EVRAZ's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EVR's dividend (40.03%) is higher than the bottom 25% of dividend payers in the UK market (2.68%).

High Dividend: EVR's dividend (40.03%) is in the top 25% of dividend payers in the UK market (7.27%)

Stability and Growth of Payments

Stable Dividend: EVR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: EVR's dividend payments have increased, but the company has only paid a dividend for 8 years.

Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (511.1%), EVR's dividend payments are not well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: EVR's dividends in 3 years are forecast to be covered by earnings (67.2% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Alexander Frolov (55yo)





Mr. Alexander Vladimirovich Frolov has been Chief Executive Officer of EVRAZ plc (also known as Evraz Group) since October 14, 2011. Mr. Frolov served as President and Managing Director of Corporate of EVR ...

CEO Compensation Analysis

Compensation vs Market: Alexander's total compensation ($USD2.66M) is about average for companies of similar size in the UK market ($USD2.46M).

Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.

Leadership Team

Alexander Frolov
CEO & Director8.5yrsUS$2.66m0.054% $1.8m
Nikolay Ivanov
Chief Financial Officer3.42yrsno data0.017% $577.0k
Irina Bakhturina
Director of Investor Relations5.08yrsno datano data
Sergey Vasiliev
Vice President of Compliance with Business Procedures & Asset Protection4.75yrsno datano data
Yanina Staniulenaite
Vice President of Legal1.83yrsno datano data
Vsevolod Sementsov
Vice President of Corporate Communications6.83yrsno datano data
Ilya Shirokobrod
Vice President of Sales5.42yrsno datano data
Natalia Ionova
Vice President of Human Resources14.25yrsno datano data
Leonid Kachur
Senior Vice President of Business Support & Interregional Relations17.83yrsno datano data
Aleksey Ivanov
Senior Vice President of Commerce & Business Development8.92yrsno datano data


Average Tenure


Average Age

Experienced Management: EVR's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Alexander Frolov
CEO & Director8.5yrsUS$2.66m0.054% $1.8m
Alexander Izosimov
Independent Non-Executive Director8.17yrsUS$278.00k0.0055% $185.3k
Eugene Shvidler
Non-Executive Director8.5yrsUS$204.00k0.060% $2.0m
Eugene Tenenbaum
Non-Executive Director8.5yrsUS$180.00kno data
Karl Gruber
Independent Non-Executive Director8.5yrsUS$254.00kno data
Alexander Abramov
Non-Executive Chairman8.5yrsUS$780.00k0.10% $3.5m
Michael Charles Peat
Senior Independent Non-Executive Directorno dataUS$254.00kno data
Laurie Argo
Independent Non-Executive Director1.67yrsUS$204.00kno data
Deborah Gudgeon
Independent Non-Executive Director4.92yrsUS$304.00kno data


Average Tenure


Average Age

Experienced Board: EVR's board of directors are considered experienced (8.5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

EVRAZ plc's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: EVRAZ plc
  • Ticker: EVR
  • Exchange: LSE
  • Founded: 1992
  • Industry: Steel
  • Sector: Materials
  • Market Cap: UK£3.363b
  • Shares outstanding: 1.45b
  • Website:

Number of Employees


  • EVRAZ plc
  • Belovezhskaya Street, 4
  • Block B
  • Moscow
  • 121353
  • Russia


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVRLSE (London Stock Exchange)YesOrdinary SharesGBGBPNov 2011
EVZDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2011
EVRZ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2011
EVRLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPNov 2011


EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products in Russia, the Americas, Asia, Europe, CIS, Africa, and internationally. It operates through four segments: Steel; Steel, North America; Coal; and Other Operations. The company offers steel products; a range of coking coal blends products; and value-added products, such as infrastructure steel, rails, large diameter pipes, and tubular goods. Its products are used in construction, rail infrastructure, and engineering and mining industries. The company is also involved in the extraction of vanadium ore; production of vanadium products; iron ore and coal mining and enrichment; and energy-generation, shipping, and railway transportation businesses. EVRAZ plc was founded in 1992 and is based in Moscow, Russia. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 03:01
End of Day Share Price2020/03/31 00:00
Annual Earnings2019/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.