LSE:GLTR

Stock Analysis Report

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Executive Summary

Globaltrans Investment Plc, together with its subsidiaries, provides freight rail transportation, railcar leasing, and ancillary services in Russia, the CIS, and the Baltic countries.


Snowflake Analysis

Solid track record, good value and pays a dividend.


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Share Price & News

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


Latest Share Price and Events

Stable Share Price: GLTR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

GLTR

7.7%

GB Transportation

2.6%

GB Market


1 Year Return

-30.2%

GLTR

-39.7%

GB Transportation

-10.3%

GB Market

Return vs Industry: GLTR exceeded the UK Transportation industry which returned -39.7% over the past year.

Return vs Market: GLTR underperformed the UK Market which returned -10.3% over the past year.


Shareholder returns

GLTRIndustryMarket
7 Day0%7.7%2.6%
30 Day8.5%10.1%2.3%
90 Day14.8%-0.0004%6.9%
1 Year-16.2%-30.2%-37.5%-39.7%-6.7%-10.3%
3 Year12.7%-28.9%-23.4%-31.8%-3.9%-15.4%
5 Year191.5%60.9%-6.9%-21.1%16.9%-9.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

27.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GLTR ($5.97) is trading below our estimate of fair value ($8.2)

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


Price To Earnings Ratio

PE vs Industry: GLTR is good value based on its PE Ratio (3.8x) compared to the GB Transportation industry average (5.2x).

PE vs Market: GLTR is good value based on its PE Ratio (3.8x) compared to the UK market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: GLTR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: GLTR is overvalued based on its PB Ratio (1.5x) compared to the GB Transportation industry average (0.8x).


Next Steps

Future Growth

How is Globaltrans Investment forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-14.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLTR's earnings are forecast to decline over the next 3 years (-14.9% per year).

Earnings vs Market: GLTR's earnings are forecast to decline over the next 3 years (-14.9% per year).

High Growth Earnings: GLTR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: GLTR's revenue is expected to decline over the next 3 years (-10.6% per year).

High Growth Revenue: GLTR's revenue is forecast to decline over the next 3 years (-10.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GLTR's Return on Equity is forecast to be high in 3 years time (22%)


Next Steps

Past Performance

How has Globaltrans Investment performed over the past 5 years?

54.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLTR has high quality earnings.

Growing Profit Margin: GLTR's current net profit margins (21.9%) are higher than last year (20.4%).


Past Earnings Growth Analysis

Earnings Trend: GLTR has become profitable over the past 5 years, growing earnings by 54.4% per year.

Accelerating Growth: GLTR's earnings growth over the past year (17.7%) is below its 5-year average (54.4% per year).

Earnings vs Industry: GLTR earnings growth over the past year (17.7%) exceeded the Transportation industry 2.5%.


Return on Equity

High ROE: GLTR's Return on Equity (40.1%) is considered outstanding.


Next Steps

Financial Health

How is Globaltrans Investment's financial position?


Financial Position Analysis

Short Term Liabilities: GLTR's short term assets (RUB17.0B) exceed its short term liabilities (RUB12.2B).

Long Term Liabilities: GLTR's short term assets (RUB17.0B) do not cover its long term liabilities (RUB30.9B).


Debt to Equity History and Analysis

Debt Level: GLTR's debt to equity ratio (50.2%) is considered high.

Reducing Debt: GLTR's debt to equity ratio has reduced from 56% to 50.2% over the past 5 years.

Debt Coverage: GLTR's debt is well covered by operating cash flow (103.6%).

Interest Coverage: GLTR's interest payments on its debt are well covered by EBIT (16.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Globaltrans Investment current dividend yield, its reliability and sustainability?

21.04%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GLTR's dividend (21.04%) is higher than the bottom 25% of dividend payers in the UK market (1.82%).

High Dividend: GLTR's dividend (21.04%) is in the top 25% of dividend payers in the UK market (5.31%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.2%), GLTR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GLTR's dividends in 3 years are forecast to be covered by earnings (77.1% payout ratio).


Next Steps

Management

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

6.8yrs

Average management tenure


CEO

Valery Shpakov (64 yo)

4.75yrs

Tenure

Mr. Valery Shpakov has been the Chief Executive Officer at Globaltrans Investment Plc since March 30, 2016 and served as its Interim Chief Executive Officer from November 9, 2015 to March 30, 2016 and serv ...


Leadership Team

NamePositionTenureCompensationOwnership
Sergey Maltsev
Co-founder2.33yrs₽286.00k4%
RUB 42.7m
Alexandr Eliseev
Co-Founder & Non-Executive Director12.42yrsno datano data
Konstantin Shirokov
Head of Internal Audit & Executive Director12.42yrsno datano data
Elia Nicolaou
Company Secretary & Non-Executive Director12.42yrs₽2.00kno data
Valery Shpakov
Chief Executive Officer4.75yrsno datano data
Alexander Shenets
Chief Financial Officer16.83yrsno datano data
Vyacheslav Stanislavsky
Deputy CEO & Head of Operations3.33yrsno datano data
Mikhail Perestyuk
Head of Investor Relations12yrsno datano data
Artem Gabestro
General Counsel & Corporate Governance Advisor to CEOno datano datano data
Sergey Tolmachev
Executive Director & MD7.33yrsno datano data
Alexander Storozhev
Chief Procurement Officer & Executive Director7.33yrsno datano data
Roman Goncharov
Head of Treasuryno datano datano data

6.8yrs

Average Tenure

51.5yo

Average Age

Experienced Management: GLTR's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sergey Maltsev
Co-founder2.33yrs₽286.00k4%
RUB 42.7m
Alexandr Eliseev
Co-Founder & Non-Executive Director12.42yrsno datano data
Konstantin Shirokov
Head of Internal Audit & Executive Director12.42yrsno datano data
Elia Nicolaou
Company Secretary & Non-Executive Director12.42yrs₽2.00kno data
Sergey Tolmachev
Executive Director & MD7.33yrsno datano data
Alexander Storozhev
Chief Procurement Officer & Executive Director7.33yrsno datano data
Marios Tofaros
Assistant Secretary & Non-Executive Director7.33yrsno datano data
Johann Durrer
Senior Independent Non-Executive Director1.25yrs₽112.00k0.090%
RUB 958.8k
Michalakis Thomaides
Non-Executive Director6.33yrsno datano data
Andrey Gomon
Non-Executive Director3.33yrsno datano data
John Colley
Independent Non-Executive Director7.33yrsno datano data
George Papaioannou
Independent Non-Executive Director7.33yrsno datano data

7.3yrs

Average Tenure

53yo

Average Age

Experienced Board: GLTR's board of directors are considered experienced (7.3 years average tenure).


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

Globaltrans Investment Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Globaltrans Investment Plc
  • Ticker: GLTR
  • Exchange: LSE
  • Founded: 2004
  • Industry: Railroads
  • Sector: Transportation
  • Market Cap: US$1.067b
  • Shares outstanding: 178.66m
  • Website: https://www.globaltrans.com

Number of Employees


Location

  • Globaltrans Investment Plc
  • 16/15 Spartakovskaya Square
  • Moscow
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLTRLSE (London Stock Exchange)YesSPONS GDR RG SGBUSDApr 2008
G23ADB (Deutsche Boerse AG)YesSPONS GDR RG SDEEURApr 2008
GLTRLBATS-CHIXE (BATS 'Chi-X Europe')YesSPONS GDR RG SGBUSDApr 2008
GLTV.FOTCPK (Pink Sheets LLC)YesSPONS GDR RG SUSUSDApr 2008

Biography

Globaltrans Investment Plc, together with its subsidiaries, provides freight rail transportation, railcar leasing, and ancillary services in Russia, the CIS, and the Baltic countries. It transports metallu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 21:41
End of Day Share Price2020/08/12 00:00
Earnings2019/12/31
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.