MGNT Stock Overview
Public Joint Stock Company Magnit, together with its subsidiaries, engages in the retail and distribution of consumer goods under the Magnit, DIXY, and Megamart names.
Price History & Performance
|Historical stock prices|
|Current Share Price||₽4,439.00|
|52 Week High||₽7,011.50|
|52 Week Low||₽2,414.00|
|1 Month Change||0%|
|3 Month Change||5.74%|
|1 Year Change||-25.94%|
|3 Year Change||31.35%|
|5 Year Change||-55.83%|
|Change since IPO||112.90%|
Recent News & Updates
|MGNT||RU Consumer Retailing||RU Market|
Return vs Industry: MGNT exceeded the Russian Consumer Retailing industry which returned -32.9% over the past year.
Return vs Market: MGNT exceeded the Russian Market which returned -36.4% over the past year.
|MGNT Average Weekly Movement||n/a|
|Consumer Retailing Industry Average Movement||5.1%|
|Market Average Movement||5.4%|
|10% most volatile stocks in RU Market||10.1%|
|10% least volatile stocks in RU Market||2.8%|
Stable Share Price: Insufficient data to determine MGNT's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine MGNT's volatility change over the past year.
About the Company
Public Joint Stock Company Magnit, together with its subsidiaries, engages in the retail and distribution of consumer goods under the Magnit, DIXY, and Megamart names. It operates retail business through convenience stores, cosmetic stores, supermarkets, drogerie stores, pharmacies, and others. The company also engages in the software product development, food retail and wholesale, import, rent, IT, and other activities.
Magnit Fundamentals Summary
|MGNT fundamental statistics|
Is MGNT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MGNT income statement (TTM)|
|Cost of Revenue||₽1.67t|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||562.20|
|Net Profit Margin||2.54%|
How did MGNT perform over the long term?See historical performance and comparison
13.3%Current Dividend Yield
Is MGNT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MGNT?
Other financial metrics that can be useful for relative valuation.
|What is MGNT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MGNT's PE Ratio compare to its peers?
|MGNT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CASY Casey's General Stores
EDV Endeavour Group
AMRT Sumber Alfaria Trijaya
SHP Shoprite Holdings
Price-To-Earnings vs Peers: MGNT is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (27.1x).
Price to Earnings Ratio vs Industry
How does MGNT's PE Ratio compare vs other companies in the European Consumer Retailing Industry?
Price-To-Earnings vs Industry: MGNT is good value based on its Price-To-Earnings Ratio (7.9x) compared to the European Consumer Retailing industry average (11.8x)
Price to Earnings Ratio vs Fair Ratio
What is MGNT'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.
|Current PE Ratio||7.9x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MGNT's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MGNT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MGNT (RUB4439) is trading below our estimate of fair value (RUB9714.73)
Significantly Below Fair Value: MGNT is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Magnit forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MGNT's forecast earnings growth (27.1% per year) is above the savings rate (7.5%).
Earnings vs Market: MGNT's earnings (27.1% per year) are forecast to grow faster than the Russian market (9.2% per year).
High Growth Earnings: MGNT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MGNT's revenue (6.8% per year) is forecast to grow faster than the Russian market (3.3% per year).
High Growth Revenue: MGNT's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MGNT's Return on Equity is forecast to be high in 3 years time (37.9%)
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How has Magnit performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGNT has high quality earnings.
Growing Profit Margin: MGNT's current net profit margins (2.5%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: MGNT's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: MGNT's earnings growth over the past year (35.2%) exceeds its 5-year average (8.6% per year).
Earnings vs Industry: MGNT earnings growth over the past year (35.2%) exceeded the Consumer Retailing industry 26%.
Return on Equity
High ROE: Whilst MGNT's Return on Equity (26.47%) is high, this metric is skewed due to their high level of debt.
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How is Magnit's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MGNT's short term assets (RUB344.7B) do not cover its short term liabilities (RUB487.1B).
Long Term Liabilities: MGNT's short term assets (RUB344.7B) do not cover its long term liabilities (RUB512.1B).
Debt to Equity History and Analysis
Debt Level: MGNT's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: MGNT's debt to equity ratio has increased from 68.4% to 140.6% over the past 5 years.
Debt Coverage: MGNT's debt is well covered by operating cash flow (77.2%).
Interest Coverage: MGNT's interest payments on its debt are not well covered by EBIT (2.5x coverage).
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What is Magnit current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Magnit Dividend Yield vs Market|
|Market Bottom 25% (RU)||4.4%|
|Market Top 25% (RU)||13.2%|
|Industry Average (Consumer Retailing)||5.2%|
|Analyst forecast in 3 Years (Magnit)||n/a|
Notable Dividend: MGNT's dividend (13.26%) is higher than the bottom 25% of dividend payers in the Russian market (4.43%).
High Dividend: MGNT's dividend (13.26%) is in the top 25% of dividend payers in the Russian market (13.15%)
Stability and Growth of Payments
Stable Dividend: MGNT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MGNT's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.8%), MGNT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.8%), MGNT's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jan Dunning (63 yo)
Mr. Jan Gezinus Dunning serves as President and Member of Management Board at Public Joint Stock Company Magnit since January 29, 2019 and Chairman of Management Board since 2019. Mr. Dunning has been Chie...
Experienced Management: MGNT's management team is considered experienced (2.5 years average tenure).
Experienced Board: MGNT's board of directors are considered experienced (3.4 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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Public Joint Stock Company Magnit's employee growth, exchange listings and data sources
- Name: Public Joint Stock Company Magnit
- Ticker: MGNT
- Exchange: MISX
- Founded: 1994
- Industry: Food Retail
- Sector: Consumer Retailing
- Implied Market Cap: ₽435.439b
- Shares outstanding: 98.09m
- Website: https://www.magnit.com
Number of Employees
- Public Joint Stock Company Magnit
- 15/5 Solnechnaya Street
- Krasnodarskiy kray
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MGNT||MISX (Micex - Rts)||Yes||Ordinary Shares||RU||RUB||Apr 2006|
|RU_MGNT||KAS (Kazakhstan Stock Exchange)||Yes||Ordinary Shares||KZ||KZT||Apr 2006|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/02 00:00|
|End of Day Share Price||2022/07/08 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.