AVANGARD Joint Stock BANK provides various banking products and services to individual and corporate clients in Russia. More Details
Adequate balance sheet with questionable track record.
Share Price & News
How has AVANGARD BANK's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVAN is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AVAN's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AVAN underperformed the Russian Banks industry which returned 56.6% over the past year.
Return vs Market: AVAN exceeded the Russian Market which returned 29.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is AVANGARD BANK's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShareholders Are Loving AVANGARD Joint Stock BANK's (MCX:AVAN) 4.8% Yield
2 months ago | Simply Wall StAVANGARD BANK (MCX:AVAN) Has Rewarded Shareholders With An Exceptional 317% Total Return On Their Investment
4 months ago | Simply Wall StIs It Smart To Buy AVANGARD Joint Stock BANK (MCX:AVAN) Before It Goes Ex-Dividend?
Is AVANGARD BANK undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AVAN (RUB1115) is trading above our estimate of fair value (RUB527.57)
Significantly Below Fair Value: AVAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AVAN is poor value based on its PE Ratio (28.9x) compared to the RU Banks industry average (7.9x).
PE vs Market: AVAN is poor value based on its PE Ratio (28.9x) compared to the Russian market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AVAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AVAN is overvalued based on its PB Ratio (3.6x) compared to the RU Banks industry average (0.9x).
How is AVANGARD BANK forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AVANGARD BANK has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has AVANGARD BANK performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVAN has high quality earnings.
Growing Profit Margin: AVAN's current net profit margins (27.9%) are lower than last year (43.8%).
Past Earnings Growth Analysis
Earnings Trend: AVAN's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: AVAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVAN had negative earnings growth (-56.2%) over the past year, making it difficult to compare to the Banks industry average (36.9%).
Return on Equity
High ROE: AVAN's Return on Equity (12.5%) is considered low.
How is AVANGARD BANK's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: AVAN's Assets to Equity ratio (5.3x) is low.
Allowance for Bad Loans: Insufficient data to determine if AVAN has a sufficient allowance for bad loans.
Low Risk Liabilities: 91% of AVAN's liabilities are made up of primarily low risk sources of funding.
Loan Level: AVAN has an appropriate level of Loans to Assets ratio (24%).
Low Risk Deposits: AVAN's Loans to Deposits ratio (33%) is appropriate.
Level of Bad Loans: Insufficient data to determine if AVAN has an appropriate level of bad loans.
What is AVANGARD BANK current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVAN's dividend (5%) is higher than the bottom 25% of dividend payers in the Russian market (3.89%).
High Dividend: AVAN's dividend (5%) is low compared to the top 25% of dividend payers in the Russian market (8.1%).
Stability and Growth of Payments
Stable Dividend: AVAN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AVAN's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.1%), AVAN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Valery Torkhov (63 yo)
V. L. Torkhov serves as Chairman of the Management Board at Avangard Bank.
Experienced Management: AVAN's management team is seasoned and experienced (7 years average tenure).
Experienced Board: AVAN's board of directors are seasoned and experienced ( 16.9 years average tenure).
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.
AVANGARD Joint Stock BANK's company bio, employee growth, exchange listings and data sources
- Name: AVANGARD Joint Stock BANK
- Ticker: AVAN
- Exchange: MISX
- Founded: 1994
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₽89.981b
- Shares outstanding: 80.70m
- Website: https://www.avangard.ru
- AVANGARD Joint Stock BANK
- Building 1
- st. Sadovnicheskaya, 12
AVANGARD Joint Stock BANK provides various banking products and services to individual and corporate clients in Russia. The company offers deposits, car loans, and bank and corporate cards; and securities ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/08 00:41|
|End of Day Share Price||2021/05/07 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.