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ETLN

Etalon GroupLSE:ETLN Stock Report

Last Price

US$1.23

Market Cap

US$473.2m

7D

2.0%

1Y

-32.8%

Updated

20 Jan, 2022

Data

Company Financials +
ETLN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends4/6

ETLN Stock Overview

Etalon Group PLC, together with its subsidiaries, primarily engages in residential development and construction business in Saint-Petersburg metropolitan and Moscow metropolitan areas in Russia.

Etalon Group Competitors

Skanska

OM:SKA B

kr97.0b

Mermeren Kombinat AD

ATSE:MERKO

€230.6m

SRV Yhtiöt Oyj

HLSE:SRV1V

€132.4m

Nordecon

TLSE:NCN1T

€38.1m

Price History & Performance

Summary of all time highs, changes and price drops for Etalon Group
Historical stock prices
Current Share PriceUS$1.23
52 Week HighUS$1.89
52 Week LowUS$1.07
Beta1.0
1 Month Change3.87%
3 Month Change-20.90%
1 Year Change-32.75%
3 Year Change-38.76%
5 Year Change-67.53%
Change since IPO-81.44%

Recent News & Updates

Shareholder Returns

ETLNGB Real EstateGB Market
7D2.0%-0.9%-1.0%
1Y-32.8%10.6%8.3%

Return vs Industry: ETLN underperformed the UK Real Estate industry which returned 10.6% over the past year.

Return vs Market: ETLN underperformed the UK Market which returned 8.3% over the past year.

Price Volatility

Is ETLN's price volatile compared to industry and market?
ETLN volatility
ETLN Average Weekly Movement10.6%
Real Estate Industry Average Movement3.9%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: ETLN is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ETLN's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
19874,401Gennadiy Shcherbinahttps://www.etalongroup.com

Etalon Group PLC, together with its subsidiaries, primarily engages in residential development and construction business in Saint-Petersburg metropolitan and Moscow metropolitan areas in Russia. It operates through three segments: Residential Development, Construction Services, and Other Operations. The Residential Development segment constructs residential real estate properties, including flats, built-in premises, and parking places.

Etalon Group Fundamentals Summary

How do Etalon Group's earnings and revenue compare to its market cap?
ETLN fundamental statistics
Market Cap₽36.10b
Earnings (TTM)₽5.10b
Revenue (TTM)₽87.67b

7.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ETLN income statement (TTM)
Revenue₽87.67b
Cost of Revenue₽61.71b
Gross Profit₽25.96b
Expenses₽20.86b
Earnings₽5.10b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Jan 24, 2022

Earnings per share (EPS)13.31
Gross Margin29.61%
Net Profit Margin5.82%
Debt/Equity Ratio95.2%

How did ETLN perform over the long term?

See historical performance and comparison

Dividends

10.0%

Current Dividend Yield

56%

Payout Ratio

Valuation

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

15.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ETLN ($1.23) is trading below our estimate of fair value ($1.45)

Significantly Below Fair Value: ETLN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ETLN is good value based on its PE Ratio (7.1x) compared to the UK Real Estate industry average (13.6x).

PE vs Market: ETLN is good value based on its PE Ratio (7.1x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: ETLN is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: ETLN is good value based on its PB Ratio (0.6x) compared to the GB Real Estate industry average (0.9x).


Future Growth

How is Etalon Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

4.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ETLN's forecast earnings growth (4.8% per year) is above the savings rate (0.9%).

Earnings vs Market: ETLN's earnings (4.8% per year) are forecast to grow slower than the UK market (12.1% per year).

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

Revenue vs Market: ETLN's revenue (7.9% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: ETLN's revenue (7.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ETLN's Return on Equity is forecast to be low in 3 years time (7.9%).


Past Performance

How has Etalon Group performed over the past 5 years?

-29.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ETLN has high quality earnings.

Growing Profit Margin: ETLN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ETLN's earnings have declined by 29.8% per year over the past 5 years.

Accelerating Growth: ETLN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ETLN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (44.5%).


Return on Equity

High ROE: ETLN's Return on Equity (8.1%) is considered low.


Financial Health

How is Etalon Group's financial position?


Financial Position Analysis

Short Term Liabilities: ETLN's short term assets (RUB188.7B) exceed its short term liabilities (RUB54.0B).

Long Term Liabilities: ETLN's short term assets (RUB188.7B) exceed its long term liabilities (RUB86.9B).


Debt to Equity History and Analysis

Debt Level: ETLN's net debt to equity ratio (31.9%) is considered satisfactory.

Reducing Debt: ETLN's debt to equity ratio has increased from 39.2% to 95.2% over the past 5 years.

Debt Coverage: ETLN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ETLN's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


Dividend

What is Etalon Group current dividend yield, its reliability and sustainability?

9.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ETLN's dividend (9.98%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: ETLN's dividend (9.98%) is in the top 25% of dividend payers in the UK market (4.04%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (56.2%), ETLN's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ETLN's dividends in 3 years are forecast to be covered by earnings (67.1% payout ratio).


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Gennadiy Shcherbina (66 yo)

4.17yrs

Tenure

Mr. Gennadiy Fillipovich Shcherbina, Ph D has been Chief Executive Officer of Etalon Group Plc since December 2018 and has been its Member of Management Board since November 13, 2017 and also serves as its...


Leadership Team

Experienced Management: ETLN's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: ETLN's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30%.


Top Shareholders

Company Information

Etalon Group PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Etalon Group PLC
  • Ticker: ETLN
  • Exchange: LSE
  • Founded: 1987
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: US$473.167m
  • Shares outstanding: 383.44m
  • Website: https://www.etalongroup.com

Number of Employees


Location

  • Etalon Group PLC
  • 2-4 Capital Centre
  • 9th Floor
  • Nicosia
  • 1065
  • Cyprus

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:24
End of Day Share Price2022/01/20 00:00
Earnings2021/06/30
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.