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Polymetal International

Market Cap

UK£7.6b

Last Updated

2021/05/16 02:22 UTC

Data Sources

Company Financials +

Executive Summary

Polymetal International plc operates as a precious metals mining company in Russia, Kazakhstan, East Asia, and Europe. More Details


Snowflake Analysis

Outstanding track record, good value and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: POLY is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: POLY's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-1.1%

POLY

-3.0%

GB Metals and Mining

-1.2%

GB Market


1 Year Return

-5.1%

POLY

72.3%

GB Metals and Mining

27.6%

GB Market

Return vs Industry: POLY underperformed the UK Metals and Mining industry which returned 72.3% over the past year.

Return vs Market: POLY underperformed the UK Market which returned 27.6% over the past year.


Shareholder returns

POLYIndustryMarket
7 Day-1.1%-3.0%-1.2%
30 Day2.7%3.7%0.6%
90 Day-2.2%9.7%5.3%
1 Year0.5%-5.1%81.2%72.3%33.1%27.6%
3 Year164.6%126.7%58.6%36.3%11.1%-1.6%
5 Year148.2%96.7%271.4%184.5%48.7%20.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: POLY (£15.99) is trading below our estimate of fair value (£44.33)

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


Price To Earnings Ratio

PE vs Industry: POLY is good value based on its PE Ratio (9.8x) compared to the UK Metals and Mining industry average (12x).

PE vs Market: POLY is good value based on its PE Ratio (9.8x) compared to the UK market (25.6x).


Price to Earnings Growth Ratio

PEG Ratio: POLY is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: POLY is overvalued based on its PB Ratio (5.3x) compared to the GB Metals and Mining industry average (2.2x).


Future Growth

How is Polymetal International forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

9.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: POLY's forecast earnings growth (9.1% per year) is above the savings rate (0.9%).

Earnings vs Market: POLY's earnings (9.1% per year) are forecast to grow slower than the UK market (17.6% per year).

High Growth Earnings: POLY's earnings are forecast to grow, but not significantly.

Revenue vs Market: POLY's revenue (6.3% per year) is forecast to grow faster than the UK market (5.3% per year).

High Growth Revenue: POLY's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: POLY's Return on Equity is forecast to be high in 3 years time (37.1%)


Past Performance

How has Polymetal International performed over the past 5 years?

25.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: POLY has high quality earnings.

Growing Profit Margin: POLY's current net profit margins (37.9%) are higher than last year (22.2%).


Past Earnings Growth Analysis

Earnings Trend: POLY's earnings have grown significantly by 25.3% per year over the past 5 years.

Accelerating Growth: POLY's earnings growth over the past year (118.5%) exceeds its 5-year average (25.3% per year).

Earnings vs Industry: POLY earnings growth over the past year (118.5%) exceeded the Metals and Mining industry 20.4%.


Return on Equity

High ROE: POLY's Return on Equity (54.2%) is considered outstanding.


Financial Health

How is Polymetal International's financial position?


Financial Position Analysis

Short Term Liabilities: POLY's short term assets ($1.4B) exceed its short term liabilities ($632.0M).

Long Term Liabilities: POLY's short term assets ($1.4B) do not cover its long term liabilities ($1.8B).


Debt to Equity History and Analysis

Debt Level: POLY's debt to equity ratio (86.8%) is considered high.

Reducing Debt: POLY's debt to equity ratio has reduced from 274.6% to 86.8% over the past 5 years.

Debt Coverage: POLY's debt is well covered by operating cash flow (68.6%).

Interest Coverage: POLY's interest payments on its debt are well covered by EBIT (25.1x coverage).


Balance Sheet


Dividend

What is Polymetal International current dividend yield, its reliability and sustainability?

5.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: POLY's dividend (5.73%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: POLY's dividend (5.73%) is in the top 25% of dividend payers in the UK market (4.09%)


Stability and Growth of Payments

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

Growing Dividend: POLY's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (56%), POLY's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: POLY's dividends in 3 years are forecast to be covered by earnings (71.5% payout ratio).


Next Steps

Management

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

11.3yrs

Average management tenure


CEO

Vitaly Nesis (44 yo)

9.67yrs

Tenure

US$1,765,488

Compensation

Mr. Vitaly N. Nesis has been Group Chief Executive Officer and Executive Director of Polymetal International Plc since September 29, 2011. Mr. Nesis serves as the Chief Executive Officer of Joint Stock Com...


CEO Compensation Analysis

Compensation vs Market: Vitaly's total compensation ($USD1.77M) is below average for companies of similar size in the UK market ($USD3.64M).

Compensation vs Earnings: Vitaly's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: POLY's management team is seasoned and experienced (11.3 years average tenure).


Board Members

Experienced Board: POLY's board of directors are considered experienced (3.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: POLY 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

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


Key Information

  • Name: Polymetal International plc
  • Ticker: POLY
  • Exchange: LSE
  • Founded: 1998
  • Industry: Gold
  • Sector: Materials
  • Market Cap: UK£7.572b
  • Shares outstanding: 473.56m
  • Website: https://www.polymetalinternational.com

Number of Employees


Location

  • Polymetal International plc
  • Parthenonos, 6
  • 3rd Floor
  • Limassol
  • 3031
  • Cyprus

Listings


Biography

Polymetal International plc operates as a precious metals mining company in Russia, Kazakhstan, East Asia, and Europe. The company operates through five segments: Magadan, Ural, Khabarovsk, Kazakhstan, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 02:22
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.