LSE:ETLN

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Executive Summary

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. More Details


Snowflake Analysis

Reasonable growth potential second-rate dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

0%

ETLN

1.3%

GB Real Estate

-0.8%

GB Market


1 Year Return

-14.3%

ETLN

-13.4%

GB Real Estate

-3.7%

GB Market

Return vs Industry: ETLN exceeded the UK Real Estate industry which returned -15.6% over the past year.

Return vs Market: ETLN underperformed the UK Market which returned -2% over the past year.


Shareholder returns

ETLNIndustryMarket
7 Day0%1.3%-0.8%
30 Day0.6%6.1%0.9%
90 Day12.2%8.6%6.6%
1 Year-5.7%-14.3%-12.0%-13.4%2.1%-3.7%
3 Year-20.5%-39.3%1.6%-6.4%9.6%-3.5%
5 Year56.9%11.1%-18.5%-26.8%41.7%14.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.77x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ETLN ($1.8) is trading above our estimate of fair value ($1.34)

Significantly Below Fair Value: ETLN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ETLN is unprofitable, so we can't compare its PE Ratio to the GB Real Estate industry average.

PE vs Market: ETLN is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ETLN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ETLN is good value based on its PB Ratio (0.8x) compared to the GB Real Estate industry average (0.9x).


Next Steps

Future Growth

How is Etalon Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

31.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ETLN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: ETLN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ETLN's is expected to become profitable in the next 3 years.

Revenue vs Market: ETLN's revenue (11.4% per year) is forecast to grow faster than the UK market (7% per year).

High Growth Revenue: ETLN's revenue (11.4% 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 (14.3%).


Next Steps

Past Performance

How has Etalon Group performed over the past 5 years?

-40.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ETLN is currently unprofitable.

Growing Profit Margin: ETLN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ETLN is unprofitable, and losses have increased over the past 5 years at a rate of 40.3% per year.

Accelerating Growth: Unable to compare ETLN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ETLN is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-34.1%).


Return on Equity

High ROE: ETLN has a negative Return on Equity (-4.22%), as it is currently unprofitable.


Next Steps

Financial Health

How is Etalon Group's financial position?


Financial Position Analysis

Short Term Liabilities: ETLN's short term assets (RUB148.3B) exceed its short term liabilities (RUB68.9B).

Long Term Liabilities: ETLN's short term assets (RUB148.3B) exceed its long term liabilities (RUB42.6B).


Debt to Equity History and Analysis

Debt Level: ETLN's debt to equity ratio (96%) is considered high.

Reducing Debt: ETLN's debt to equity ratio has increased from 35.5% to 96% over the past 5 years.

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

Interest Coverage: ETLN is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

9.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ETLN's dividend (9.05%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).

High Dividend: ETLN's dividend (9.05%) is in the top 25% of dividend payers in the UK market (4.52%)


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 7 years.


Current Payout to Shareholders

Dividend Coverage: ETLN is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: ETLN's dividends in 3 years are forecast to be covered by earnings (86.4% payout ratio).


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Gennadiy Shcherbina (65 yo)

2.17yrs

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. Mr. Shcherbina served...


Leadership Team

NamePositionTenureCompensationOwnership
Gennadiy Shcherbina
CEO & Member of Management Board2.17yrsno datano data
Ilya Kosolapov
Chief Financial Officer1yrno datano data
Viktoria Tcytrina
Chief Legal Officer & Member of Management Board3.25yrsno datano data
Ivan Bogatov
Head of Moscow Operations & Member of Management Boardno datano datano data
Petr Kryuchkov
Director of Corporate Investment & Strategy and Head of Investor Relations3.08yrsno datano data
Andrew Ostanin
Head of Sales3.92yrsno datano data
Yaroslava Vasilieva
HR Director3.92yrsno datano data
Valentina Chulgaeva
Head of Internal Control Departmentno datano datano data
Daniil Seledchik
Head of Etalon-Invest - Moscowno datano datano data
Kirill Bagachenko
1yrno datano data
Maria Kuksa
Head of Product Development3.92yrsno datano data
Maxim Berlovich
Head of Moscow Operations & Executive Director2.83yrsno datano data

3.2yrs

Average Tenure

46yo

Average Age

Experienced Management: ETLN's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Maxim Berlovich
Head of Moscow Operations & Executive Director2.83yrsno datano data
Marina Ogloblina
Independent Non-Executive Director2yrsno datano data
Denis Vinokourov
Independent Non-Executive Director2.25yrsno datano data
Martin Cocker
Independent Non-Executive Director10.25yrsno datano data
Boris Svetlichny
Independent Non-Executive Director7.83yrsno datano data
Oleg Mubarakshin
Non-Executive Director2yrsno datano data
Charalampos Avgousti
Independent Non-Executive Director4.25yrsno datano data
Ganna Khomenko
Independent Non-Executive Director2yrsno datano data
Sergey Egorov
Chairman1.42yrsno datano data

2.3yrs

Average Tenure

59yo

Average Age

Experienced Board: ETLN's board of directors are not considered experienced ( 2.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Etalon Group PLC's company bio, 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
  • Market Cap: US$530.917m
  • Shares outstanding: 294.95m
  • Website: https://www.etalongroup.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ETLNLSE (London Stock Exchange)YesGDR EACH REPR 1 SHARE REG SGBUSDApr 2011
ETLNLBATS-CHIXE (BATS 'Chi-X Europe')YesGDR EACH REPR 1 SHARE REG SGBUSDApr 2011
ETLNMISX (Micex - Rts)YesGDR EACH REPR 1 SHARE REG SRURUBApr 2011

Biography

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 operate...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/24 20:09
End of Day Share Price2021/02/24 00:00
Earnings2020/06/30
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.