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Sberbank of Russia

Market Cap

₽7.5t

Last Updated

2021/09/19 18:01 UTC

Data Sources

Company Financials +

Executive Summary

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions. More Details


Snowflake Analysis

Undervalued with excellent balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Sberbank of Russia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SBER is less volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: SBER's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

1.5%

SBER

1.4%

RU Banks

1.7%

RU Market


1 Year Return

44.9%

SBER

42.8%

RU Banks

35.9%

RU Market

Return vs Industry: SBER exceeded the Russian Banks industry which returned 42.8% over the past year.

Return vs Market: SBER exceeded the Russian Market which returned 35.9% over the past year.


Shareholder returns

SBERIndustryMarket
7 Day1.5%1.4%1.7%
30 Day1.7%0.6%6.7%
90 Day7.5%7.1%7.7%
1 Year67.5%44.9%63.4%42.8%45.1%35.9%
3 Year112.0%71.5%107.3%70.1%88.6%55.8%
5 Year198.6%119.0%184.6%114.0%148.9%86.7%

Long-Term Price Volatility Vs. Market

How volatile is Sberbank of Russia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sberbank of Russia undervalued compared to its fair value and its price relative to the market?

24.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SBER (RUB331.73) is trading below our estimate of fair value (RUB437.65)

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


Price To Earnings Ratio

PE vs Industry: SBER is good value based on its PE Ratio (7.1x) compared to the Russian Banks industry average (7.7x).

PE vs Market: SBER is good value based on its PE Ratio (7.1x) compared to the Russian market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: SBER is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: SBER is overvalued based on its PB Ratio (1.5x) compared to the RU Banks industry average (0.9x).


Future Growth

How is Sberbank of Russia forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SBER's forecast earnings growth (8.7% per year) is above the savings rate (7.4%).

Earnings vs Market: SBER's earnings (8.7% per year) are forecast to grow faster than the Russian market (2.5% per year).

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

Revenue vs Market: SBER's revenue (9.2% per year) is forecast to grow faster than the Russian market (3.9% per year).

High Growth Revenue: SBER's revenue (9.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SBER's Return on Equity is forecast to be low in 3 years time (19.6%).


Past Performance

How has Sberbank of Russia performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBER has a high level of non-cash earnings.

Growing Profit Margin: SBER's current net profit margins (46.6%) are higher than last year (41.9%).


Past Earnings Growth Analysis

Earnings Trend: SBER's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: SBER's earnings growth over the past year (43.5%) exceeds its 5-year average (10.9% per year).

Earnings vs Industry: SBER earnings growth over the past year (43.5%) underperformed the Banks industry 48%.


Return on Equity

High ROE: SBER's Return on Equity (21.1%) is considered high.


Financial Health

How is Sberbank of Russia's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SBER's Assets to Equity ratio (7.4x) is low.

Allowance for Bad Loans: SBER has a sufficient allowance for bad loans (164%).

Low Risk Liabilities: 80% of SBER's liabilities are made up of primarily low risk sources of funding.

Loan Level: SBER has an appropriate level of Loans to Assets ratio (65%).

Low Risk Deposits: SBER's Loans to Deposits ratio (95%) is appropriate.

Level of Bad Loans: SBER has a high level of bad loans (3.6%).


Dividend

What is Sberbank of Russia current dividend yield, its reliability and sustainability?

5.64%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SBER's dividend (5.64%) is higher than the bottom 25% of dividend payers in the Russian market (2.94%).

High Dividend: SBER's dividend (5.64%) is low compared to the top 25% of dividend payers in the Russian market (7.92%).


Stability and Growth of Payments

Stable Dividend: SBER's dividend payments have been volatile in the past 10 years.

Growing Dividend: SBER's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.4%), SBER's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SBER's dividends in 3 years are forecast to be covered by earnings (50.8% payout ratio).


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Herman Gref (57 yo)

13.83yrs

Tenure

Mr. Herman Oskarovich Gref has been the Chairman of the Executive Board of Sberbank of Russia since November 2007 and has been its Member of Supervisory Board since June 24, 2005. He has been Chief Executi...


Leadership Team

Experienced Management: SBER's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: SBER's board of directors are considered experienced (3.3 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 been diluted in the past year, with total shares outstanding growing by 4.8%.


Top Shareholders

Company Information

Sberbank of Russia's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sberbank of Russia
  • Ticker: SBER
  • Exchange: MISX
  • Founded: 1841
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₽7.470t
  • Shares outstanding: 22.52b
  • Website: https://www.sberbank.ru

Number of Employees


Location

  • Sberbank of Russia
  • 19 Vavilova Street
  • Moscow
  • 117312
  • Russia

Listings


Biography

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 18:01
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.