MISX:GAZC

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: Insufficient data to determine GAZC's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine GAZC's volatility change over the past year.


Market Performance


7 Day Return

0%

GAZC

1.9%

RU Oil and Gas

-0.5%

RU Market


1 Year Return

0%

GAZC

-21.9%

RU Oil and Gas

-5.0%

RU Market

Return vs Industry: GAZC exceeded the Russian Oil and Gas industry which returned -31.9% over the past year.

Return vs Market: GAZC exceeded the Russian Market which returned -12.4% over the past year.


Shareholder returns

GAZCIndustryMarket
7 Day0%1.9%-0.5%
30 Day0%14.1%9.0%
90 Day0%-1.8%-0.5%
1 Year1.7%0%-16.1%-21.9%1.6%-5.0%
3 Yearn/a53.1%25.3%46.8%21.7%
5 Yearn/a92.1%44.3%110.2%60.5%

Long-Term 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 compared to its fair value and its price relative to the market?

57.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GAZC (RUB295) is trading above our estimate of fair value (RUB47.26)

Significantly Below Fair Value: GAZC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GAZC is poor value based on its PE Ratio (57x) compared to the RU Oil and Gas industry average (8.4x).

PE vs Market: GAZC is poor value based on its PE Ratio (57x) compared to the Russian market (10x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GAZC is overvalued based on its PB Ratio (0.9x) compared to the RU Oil and Gas industry average (0.5x).


Next Steps

Future Growth

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

34.3%

Forecasted Energy 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 GAZKON 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 GAZKON performed over the past 5 years?

24.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GAZC has high quality earnings.

Growing Profit Margin: Insufficient data to determine if GAZC's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: GAZC's earnings have grown significantly by 24% 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 (-1.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (-45.3%).


Return on Equity

High ROE: GAZC's Return on Equity (1.6%) is considered low.


Next Steps

Financial Health

How is GAZKON's financial position?


Financial Position Analysis

Short Term Liabilities: GAZC's short term assets (RUB61.6B) exceed its short term liabilities (RUB4.4M).

Long Term Liabilities: GAZC's short term assets (RUB61.6B) exceed its long term liabilities (RUB2.1M).


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 2.7%.

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


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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 the Russian market.


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

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


CEO

German Kochetkov

9.83yrs

Tenure

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


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 8%.


Top Shareholders

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: ₽58.958b
  • Shares outstanding: 199.86m
  • 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 Analysis2020/11/07 21:05
End of Day Share Price2020/08/10 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.