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CBOM

Credit Bank of Moscow MISX:CBOM Stock Report

Last Price

₽5.26

Market Cap

₽176.0b

7D

0.3%

1Y

-18.6%

Updated

24 Jun, 2022

Data

Company Financials +
CBOM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends0/6

CBOM Stock Overview

Credit Bank of Moscow (public joint-stock company) provides various banking products and services in Russia.

Rewards

Price-To-Earnings ratio (6.7x) is below the Russian market (7.1x)

Earnings are forecast to grow 19.51% per year

Risk Analysis

No risks detected for CBOM from our risk checks.

Credit Bank of Moscow Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Credit Bank of Moscow
Historical stock prices
Current Share Price₽5.26
52 Week High₽7.46
52 Week Low₽4.63
Beta0.23
1 Month Change-5.60%
3 Month Change-2.46%
1 Year Change-18.64%
3 Year Change-11.75%
5 Year Change16.95%
Change since IPO43.04%

Recent News & Updates

Shareholder Returns

CBOMRU BanksRU Market
7D0.3%9.5%-0.2%
1Y-18.6%-53.1%-24.6%

Return vs Industry: CBOM exceeded the Russian Banks industry which returned -53.1% over the past year.

Return vs Market: CBOM exceeded the Russian Market which returned -24.2% over the past year.

Price Volatility

Is CBOM's price volatile compared to industry and market?
CBOM volatility
CBOM Average Weekly Movement5.3%
Banks Industry Average Movement9.2%
Market Average Movement7.6%
10% most volatile stocks in RU Market13.3%
10% least volatile stocks in RU Market4.8%

Stable Share Price: CBOM is less volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CBOM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/aVladimir Alexandrovich Chubarhttps://www.mkb.ru

Credit Bank of Moscow (public joint-stock company) provides various banking products and services in Russia. The company operates through six segments: Corporate Business, Retail Banking, Investment, Treasury, Cash Operations, and Subsidiary Banks. It accepts corporate and retail demand, and term deposit services; and offers banking cards.

Credit Bank of Moscow Fundamentals Summary

How do Credit Bank of Moscow's earnings and revenue compare to its market cap?
CBOM fundamental statistics
Market Cap₽175.97b
Earnings (TTM)₽26.20b
Revenue (TTM)₽62.43b

6.7x

P/E Ratio

0.6x

P/B Ratio

Is CBOM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBOM income statement (TTM)
Revenue₽62.43b
Cost of Revenue₽0
Gross Profit₽62.43b
Other Expenses₽36.23b
Earnings₽26.20b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.78
Gross Margin100.00%
Net Profit Margin41.96%
Debt/Equity Ratio400.5%

How did CBOM perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CBOM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CBOM?

Other financial metrics that can be useful for relative valuation.

CBOM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

How does CBOM's PE Ratio compare to its peers?

CBOM PE Ratio vs Peers
The above table shows the PE ratio for CBOM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7x

Price-To-Earnings vs Peers: CBOM is good value based on its Price-To-Earnings Ratio (6.7x) compared to the peer average (7x).

Price to Earnings Ratio vs Industry

How does CBOM's PE Ratio compare vs other companies in the Banks Industry?

Price-To-Earnings vs Industry: CBOM is expensive based on its Price-To-Earnings Ratio (6.7x) compared to the Russian Banks industry average (5.8x)

Price to Earnings Ratio vs Fair Ratio

What is CBOM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CBOM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.7x
Fair PE Ratio4.5x

Price-To-Earnings vs Fair Ratio: CBOM is expensive based on its Price-To-Earnings Ratio (6.7x) compared to the estimated Fair Price-To-Earnings Ratio (4.5x).

Share Price vs Fair Value

What is the Fair Price of CBOM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CBOM (RUB5.26) is trading above our estimate of fair value (RUB2.43)

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

Price to Earnings Growth Ratio

PEG Ratio: CBOM is good value based on its PEG Ratio (0.3x)

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Future Growth

How is Credit Bank of Moscow forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

19.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBOM's forecast earnings growth (19.5% per year) is above the savings rate (7.3%).

Earnings vs Market: CBOM's earnings (19.5% per year) are forecast to grow faster than the Russian market (1.6% per year).

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

Revenue vs Market: CBOM's revenue (12.7% per year) is forecast to grow faster than the Russian market (2.7% per year).

High Growth Revenue: CBOM's revenue (12.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CBOM's Return on Equity is forecast to be low in 3 years time (16%).

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Past Performance

How has Credit Bank of Moscow performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

13.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CBOM has high quality earnings.

Growing Profit Margin: CBOM's current net profit margins (42%) are lower than last year (44.7%).

Past Earnings Growth Analysis

Earnings Trend: CBOM's earnings have grown by 13.2% per year over the past 5 years.

Accelerating Growth: CBOM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CBOM had negative earnings growth (-2.2%) over the past year, making it difficult to compare to the Banks industry average (52.4%).

Return on Equity

High ROE: CBOM's Return on Equity (9.3%) is considered low.

Discover strong past performing companies

Financial Health

How is Credit Bank of Moscow's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

5/6

Financial Health Score 5/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: CBOM's Assets to Equity ratio (12.2x) is moderate.

Allowance for Bad Loans: CBOM has a sufficient allowance for bad loans (167%).

Low Risk Liabilities: 63% of CBOM's liabilities are made up of primarily low risk sources of funding.

Loan Level: CBOM has an appropriate level of Loans to Assets ratio (39%).

Low Risk Deposits: CBOM's Loans to Deposits ratio (67%) is appropriate.

Level of Bad Loans: CBOM has a high level of bad loans (2.5%).

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Dividend

What is Credit Bank of Moscow current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

6.27%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CBOM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CBOM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CBOM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CBOM's dividend payments have been increasing.

Current Payout to Shareholders

Earnings Coverage: CBOM is not paying a notable dividend for the Russian market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CBOM's dividend in 3 years as they are not forecast to pay a notable one for the Russian market.

Discover strong dividend paying companies

Management

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

4.3yrs

Average management tenure

CEO

Vladimir Alexandrovich Chubar (42 yo)

10.33yrs

Tenure

Mr. Vladimir Alexandrovich Chubar has been Member of the Supervisory Board of PAO Credit Bank since October 2010, Chairman of the Management Board since February 2012 and Member of the Management Board sin...

Leadership Team

Experienced Management: CBOM's management team is considered experienced (4.3 years average tenure).

Board Members

Experienced Board: CBOM's board of directors are considered experienced (6.8 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

Credit Bank of Moscow (public joint-stock company)'s employee growth, exchange listings and data sources

Key Information

  • Name: Credit Bank of Moscow (public joint-stock company)
  • Ticker: CBOM
  • Exchange: MISX
  • Founded: 1992
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ₽175.974b
  • Shares outstanding: 33.43b
  • Website: https://www.mkb.ru

Number of Employees

Location

  • Credit Bank of Moscow (public joint-stock company)
  • Building 1
  • 2, Lukov Pereulok
  • Moscow
  • 107045
  • Russia

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.