MISX:GAZC

Stock Analysis Report

Executive Summary

GAZKON Open Joint-Stock Company engages in oil and gas exploration.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

GAZC

2.4%

RU Oil and Gas

1.4%

RU Market


1 Year Return

n/a

GAZC

14.4%

RU Oil and Gas

12.6%

RU Market

Return vs Industry: Insufficient data to determine how GAZC performed against the Russian Oil and Gas industry.

Return vs Market: Insufficient data to determine how GAZC performed against the Russian Market.


Share holder returns

GAZCIndustryMarket
7 Day0%2.4%1.4%
30 Day0%-1.6%-2.5%
90 Day0%-0.2%-0.6%
1 Yearn/a22.7%14.4%20.5%12.6%
3 Yearn/a92.9%61.6%62.8%37.6%
5 Yearn/a161.8%102.6%159.1%103.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is GAZKON undervalued based on future cash flows and its price relative to the stock market?

52.15x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: GAZC (RUB295) is trading above our estimate of fair value (RUB59.87)

Significantly Undervalued: GAZC is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: GAZC is poor value based on its PE Ratio (52.2x) compared to the Oil and Gas industry average (5.5x).

PE vs Market: GAZC is poor value based on its PE Ratio (52.2x) compared to the Russian market (6.7x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: GAZC is overvalued based on its PB Ratio (0.9x) compared to the RU Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is GAZKON expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

38.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: GAZC's forecast earnings growth (38.3% per year) is above the savings rate (8.4%).

Earnings vs Market: GAZC's earnings (38.3% per year) are forecast to grow faster than the Russian market (4.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if GAZC's revenue is forecast to grow faster than the Russian market.

High Growth Revenue: Insufficient data to determine if GAZC's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if GAZC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has GAZKON performed over the past 5 years?

2.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GAZC's earnings have grown by 2.5% per year over the past 5 years.

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

Earnings vs Industry: GAZC had negative earnings growth (-1.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (37.8%).


Return on Equity

High ROE: GAZC's Return on Equity (1.8%) is considered low.


Return on Assets

ROA vs Industry: GAZC's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: GAZC is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is GAZKON's financial position?


Financial Position Analysis

Short Term Liabilities: GAZC's short term assets (RUB58.5B) exceeds its short term liabilities (RUB6.0M)

Long Term Liabilities: GAZC has no long term liabilities


Debt to Equity History and Analysis

Debt Level: GAZC is debt free.

Reducing Debt: GAZC has no debt compared to 5 years ago when its debt to equity ratio was 0.04%.

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

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


Balance Sheet

Inventory Level: GAZC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GAZC's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%3.2%markettop25%8.8%industryaverage7.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

Dividend Coverage: GAZC is not paying a notable dividend for .


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of GAZKON's salary, the management and board of directors tenure and is there insider trading?


CEO

German Kochetkov 0

8.8yrs

Tenure

0

Mr. German Genadyevich Kochetkov serves as General Director and Director of GAZKON Open Joint-Stock Company since 2011. 


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • German Kochetkov

    General Director & Director

    • Tenure: 8.8yrs
  • N. Merenkova

    Chief Accountant

    • Tenure: 0yrs

Board Members

  • Gavrilenko Anatolyevich (47yo)

    Director

    • Tenure: 0yrs
  • Sergey Nikitin (46yo)

    Director

    • Tenure: 0yrs
  • Yury Shamalov (49yo)

    Chairman

    • Tenure: 0yrs
  • Aleksey Nuzhdov (51yo)

    Director

    • Tenure: 0yrs
  • German Kochetkov

    General Director & Director

    • Tenure: 8.8yrs
  • Irina Zhirnyakova

    Member of Audit Committee

    • Tenure: 0yrs

Company Information

GAZKON Open Joint-Stock Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GAZKON Open Joint-Stock Company
  • Ticker: GAZC
  • Exchange: MISX
  • Founded: 2004
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: RUруб54.612b
  • Shares outstanding: 185.13m
  • Website: https://www.gazcon.ru

Location

  • GAZKON Open Joint-Stock Company
  • Simferopolsky Boulevard 13
  • Moscow
  • 117556
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GAZCMISX (Micex - Rts)YesOrdinary SharesRURUBSep 2008

Biography

GAZKON Open Joint-Stock Company engages in oil and gas exploration. The company was founded in 2004 and 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 Analysis2019/10/14 21:01
End of Day Share Price2019/10/14 00:00
Earnings2018/12/31
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.

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