Kcell Joint Stock Company, together with its subsidiaries, provides mobile telecommunication services in the Republic of Kazakhstan.
Price History & Performance
|Historical stock prices|
|Current Share Price||₸1,621.00|
|52 Week High||₸1,120.00|
|52 Week Low||₸2,900.00|
|1 Month Change||24.62%|
|3 Month Change||-8.32%|
|1 Year Change||-39.96%|
|3 Year Change||-1.82%|
|5 Year Change||39.50%|
|Change since IPO||-6.84%|
Recent News & Updates
|KCEL||KZ Wireless Telecom||KZ Market|
Return vs Industry: KCEL underperformed the KZ Wireless Telecom industry which returned 10% over the past year.
Return vs Market: KCEL underperformed the KZ Market which returned 108.8% over the past year.
Stable Share Price: KCEL is more volatile than 75% of KZ stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: KCEL's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of KZ stocks.
About the Company
Kcell Joint Stock Company, together with its subsidiaries, provides mobile telecommunication services in the Republic of Kazakhstan. It offers voice and messaging services; and value-added services, including multimedia and mobile content services, as well as data transmission services, such as Internet access. The company provides its services under the Kcell and Activ brands primarily to corporate subscribers comprising government subscribers, as well as mass market subscribers.
Kcell Fundamentals Summary
|KCEL fundamental statistics|
Is KCEL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KCEL income statement (TTM)|
|Cost of Revenue||₸121.58b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 29, 2021
|Earnings per share (EPS)||123.34|
|Net Profit Margin||13.25%|
How did KCEL perform over the long term?See historical performance and comparison
5.4%Current Dividend Yield
Is Kcell 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: KCEL (KZT1621) is trading below our estimate of fair value (KZT4619.98)
Significantly Below Fair Value: KCEL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KCEL is good value based on its PE Ratio (13.1x) compared to the Asian Wireless Telecom industry average (20.6x).
PE vs Market: KCEL is poor value based on its PE Ratio (13.1x) compared to the KZ market (7.8x).
Price to Earnings Growth Ratio
PEG Ratio: KCEL is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: KCEL is overvalued based on its PB Ratio (4x) compared to the XA Wireless Telecom industry average (2.1x).
How is Kcell forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KCEL's forecast earnings growth (17.3% per year) is above the savings rate (3.6%).
Earnings vs Market: KCEL's earnings (17.3% per year) are forecast to grow faster than the KZ market (16.4% per year).
High Growth Earnings: KCEL's earnings are forecast to grow, but not significantly.
Revenue vs Market: KCEL's revenue (6.5% per year) is forecast to grow faster than the KZ market (5.4% per year).
High Growth Revenue: KCEL's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KCEL's Return on Equity is forecast to be high in 3 years time (29%)
How has Kcell performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KCEL has a large one-off loss of KZT9.4B impacting its June 30 2021 financial results.
Growing Profit Margin: KCEL's current net profit margins (13.3%) are higher than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: KCEL's earnings have grown by 1.7% per year over the past 5 years.
Accelerating Growth: KCEL's earnings growth over the past year (27%) exceeds its 5-year average (1.7% per year).
Earnings vs Industry: KCEL earnings growth over the past year (27%) exceeded the Wireless Telecom industry 5.5%.
Return on Equity
High ROE: KCEL's Return on Equity (30.8%) is considered high.
How is Kcell's financial position?
Financial Position Analysis
Short Term Liabilities: KCEL's short term assets (KZT61.4B) exceed its short term liabilities (KZT33.1B).
Long Term Liabilities: KCEL's short term assets (KZT61.4B) do not cover its long term liabilities (KZT81.8B).
Debt to Equity History and Analysis
Debt Level: KCEL's debt to equity ratio (76.2%) is considered high.
Reducing Debt: KCEL's debt to equity ratio has reduced from 84% to 76.2% over the past 5 years.
Debt Coverage: KCEL's debt is well covered by operating cash flow (108.2%).
Interest Coverage: KCEL's interest payments on its debt are well covered by EBIT (5.5x coverage).
What is Kcell current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KCEL's dividend (5.42%) is higher than the bottom 25% of dividend payers in the KZ market (2.8%).
High Dividend: KCEL's dividend (5.42%) is low compared to the top 25% of dividend payers in the KZ market (9.61%).
Stability and Growth of Payments
Stable Dividend: KCEL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KCEL has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.3%), KCEL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KCEL's dividends in 3 years are forecast to be covered by earnings (75.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Yuri Kharlamov serves as Member of Management Board of Kcell Joint Stock Company and June 19, 2020 and served as its Chief Financial Officer since March 2020 until April 9, 2021. He serves as Chief Exe...
Experienced Management: KCEL's management team is considered experienced (4 years average tenure).
Experienced Board: KCEL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kcell Joint Stock Company's employee growth, exchange listings and data sources
- Name: Kcell Joint Stock Company
- Ticker: KCEL
- Exchange: KAS
- Founded: 1998
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: ₸324.200b
- Shares outstanding: 200.00m
- Website: https://www.kcell.kz
Number of Employees
- Kcell Joint Stock Company
- Samal-2, 100
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 13:01|
|End of Day Share Price||2021/10/22 00:00|
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.