MISX:UCSS

Stock Analysis Report

Executive Summary

Public Joint Stock Company United Credit Systems provides various banking and financial services in Russia.


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has United Credit Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UCSS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.5%

UCSS

9.2%

RU Diversified Financial

6.1%

RU Market


1 Year Return

71.9%

UCSS

-13.5%

RU Diversified Financial

3.5%

RU Market

Return vs Industry: UCSS exceeded the Russian Diversified Financial industry which returned -15.2% over the past year.

Return vs Market: UCSS exceeded the Russian Market which returned 0.5% over the past year.


Shareholder returns

UCSSIndustryMarket
7 Day5.5%9.2%6.1%
30 Day11.7%-4.7%4.9%
90 Day1.3%-24.2%-15.1%
1 Year71.9%71.9%-11.5%-13.5%10.6%3.5%
3 Year45.3%39.1%-2.1%-8.7%53.1%29.2%
5 Year51.0%42.3%25.3%10.7%104.8%60.3%

Price Volatility Vs. Market

How volatile is United Credit Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is United Credit Systems undervalued compared to its fair value and its price relative to the market?

48.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate UCSS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate UCSS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: UCSS is poor value based on its PE Ratio (50.1x) compared to the Diversified Financial industry average (9.9x).

PE vs Market: UCSS is poor value based on its PE Ratio (50.1x) compared to the Russian market (7.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UCSS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UCSS is overvalued based on its PB Ratio (3.6x) compared to the XE Diversified Financial industry average (0.8x).


Next Steps

Future Growth

How is United Credit Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-4.3%

Forecasted Diversified Financials 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 United Credit Systems 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 United Credit Systems performed over the past 5 years?

-35.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UCSS has high quality earnings.

Growing Profit Margin: UCSS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: UCSS has become profitable over the past 5 years, growing earnings by -35.8% per year.

Accelerating Growth: UCSS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: UCSS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (3.9%).


Return on Equity

High ROE: UCSS's Return on Equity (21%) is considered high.


Next Steps

Financial Health

How is United Credit Systems's financial position?


Financial Position Analysis

Short Term Liabilities: UCSS's short term assets (RUB343.0M) exceed its short term liabilities (RUB4.0M).

Long Term Liabilities: UCSS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: UCSS is debt free.

Reducing Debt: UCSS has no debt compared to 5 years ago when its debt to equity ratio was 252.6%.

Debt Coverage: UCSS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: UCSS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is United Credit Systems's current dividend yield, its reliability and sustainability?

1.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UCSS's dividend (1.34%) isn’t notable compared to the bottom 25% of dividend payers in the Russian market (3.81%).

High Dividend: UCSS's dividend (1.34%) is low compared to the top 25% of dividend payers in the Russian market (9.35%).


Stability and Growth of Payments

Stable Dividend: UCSS is not paying a notable dividend for the Russian market, therefore no need to check if payments are stable.

Growing Dividend: UCSS is not paying a notable dividend for the Russian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UCSS'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?


CEO

Aleksey Korzun

6s

Tenure

Mr. Aleksey Aleksandrovich Korzun serves as Chief Executive Officer of Public Joint Stock Company United Credit Systems. Mr. Korzun has been a General Director of Open Joint Stock Company United Credit Sys ...


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

Public Joint Stock Company United Credit Systems's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company United Credit Systems
  • Ticker: UCSS
  • Exchange: MISX
  • Founded:
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Market Cap: ₽36.290b
  • Shares outstanding: 23.72m
  • Website: https://www.ucsys.ru

Location

  • Public Joint Stock Company United Credit Systems
  • Petrovka str., 27
  • the 2st floor, room 8
  • Moscow
  • 107031
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UCSSMISX (Micex - Rts)YesOrdinary SharesRURUBMay 2013

Biography

Public Joint Stock Company United Credit Systems provides various banking and financial services in Russia. The company provides banking services, which includes credit products, deposits, mortgage products, payment services, and money transfers, etc. It also offers leasing services, such as trains, aircraft and vessels, commercial real estate, equipment, vehicles, and machinery. In addition, it engages in the purchase and sale of securities; and invests in securities and properties. The company is based in Moscow, Russia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 01:28
End of Day Share Price2020/04/09 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.