MISX:VSYD

Stock Analysis Report

Executive Summary

Public joint-stock company Vyborg Shipyard operates as a shipbuilding company in the north-western region of Russia.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Vyborg Shipyard's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VSYD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.1%

VSYD

15.2%

RU Machinery

6.8%

RU Market


1 Year Return

-14.5%

VSYD

-9.0%

RU Machinery

0.5%

RU Market

Return vs Industry: VSYD exceeded the Russian Machinery industry which returned -18.7% over the past year.

Return vs Market: VSYD underperformed the Russian Market which returned 0.3% over the past year.


Shareholder returns

VSYDIndustryMarket
7 Day-1.1%15.2%6.8%
30 Day-1.8%-8.0%-3.2%
90 Day-10.9%-20.1%-16.4%
1 Year-14.5%-14.5%-9.0%-9.0%7.5%0.5%
3 Year3.8%3.8%-35.5%-36.0%48.9%25.5%
5 Yearn/a100.1%95.5%104.8%60.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Vyborg Shipyard undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Vyborg Shipyard is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Vyborg Shipyard has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of VSYD’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Vyborg Shipyard regulatory filings.
  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

How is Vyborg Shipyard forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.2%

Forecasted Capital Goods 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 Vyborg Shipyard 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.


Next Steps

Past Performance

How has Vyborg Shipyard performed over the past 5 years?

7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VSYD is currently unprofitable.

Growing Profit Margin: VSYD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VSYD is unprofitable, but has reduced losses over the past 5 years at a rate of 7.4% per year.

Accelerating Growth: Unable to compare VSYD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VSYD is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-4.7%).


Return on Equity

High ROE: VSYD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Vyborg Shipyard's financial position?


Financial Position Analysis

Short Term Liabilities: VSYD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: VSYD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: VSYD has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: VSYD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if VSYD has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if VSYD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Vyborg Shipyard's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: VSYD is not paying a notable dividend for the Russian market.


Future Payout to Shareholders

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


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Solovyev Sergeyevich (45yo)

7.92s

Tenure

Mr. Solovyev Alexander Sergeyevich has been a General Director at Vyborg Shipyard Open Joint Stock Company since May 31,2012. Mr. Sergeyevich serves as a Director at Vyborg Shipyard JSC. 


Leadership Team

NamePositionTenureCompensationOwnership
Solovyev Sergeyevich
General Director and Director7.92yrsno datano data
Kimstach Yuryevich
Acting Financial Director2.25yrsno datano data
A. Roznov
Chief Accountantno datano datano data
Zhdanova Yuryevna
Deputy Chief Executive Officer of HR & Administration2.25yrsno datano data
Voroshilov Nikolayevich
Deputy General Director for Project Managementno datano datano data
Voroshilov Vladimirovich
Deputy Chief Executive Officer of Economics & Strategic Developmentno datano datano data
Levchenko Grigorievich
Adviser of General Directorno datano datano data

2.3yrs

Average Tenure

47yo

Average Age

Experienced Management: VSYD's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Solovyev Sergeyevich
General Director and Director7.92yrsno datano data
Tamara Chepasova
Member of the Audit Commission5.83yrsno datano data
Alexander Nejgebayer
Directorno datano datano data
Yan Karev
Director5.83yrsno datano data
Alexander Kuzmichev
Director5.5yrsno datano data
Vladimir Shsvelev
Member of the Audit Commission5.83yrsno datano data
Natalia Statnik
Member of the Audit Commission5.83yrsno datano data
Andrey Andreev
Director2.75yrsno datano data
Anton Dumin
Director2.75yrsno datano data
Nikolaj Klochenko
Director1.92yrsno datano data

5.7yrs

Average Tenure

Experienced Board: VSYD's board of directors are considered experienced (5.7 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 31.3%.


Top Shareholders

Company Information

Public joint-stock company Vyborg Shipyard's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public joint-stock company Vyborg Shipyard
  • Ticker: VSYD
  • Exchange: MISX
  • Founded: 1948
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: ₽4.273b
  • Shares outstanding: 1.55m
  • Website: https://www.vyborgshipyard.ru

Location

  • Public joint-stock company Vyborg Shipyard
  • 2b, Primorskoe Shosse
  • Vyborg
  • Leningradskaya obl.
  • 188800
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VSYDMISX (Micex - Rts)YesOrdinary SharesRURUBJul 2012
VSYDPMISX (Micex - Rts)Preferred SharesRURUBJul 2012

Biography

Public joint-stock company Vyborg Shipyard operates as a shipbuilding company in the north-western region of Russia. The company is involved in the construction of small and medium tonnage vessels, icebreaking supply vessels, icebreakers, trawlers, and offshore drilling rigs. It also provides ship repair and upgrading services. The company was founded in 1948 and is based in Vyborg, Russia. Public joint-stock company Vyborg Shipyard is a subsidiary of OAO ‘Western Shipbuilding Center’. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/06 23:31
End of Day Share Price2020/04/06 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.