MISX:KRKN

Stock Analysis Report

Saratov Oil Refinery

Executive Summary

Public Joint Stock Company Saratov Oil Refinery engages in oil refining activities.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Share Price & News

How has Saratov Oil Refinery's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

KRKN

2.9%

RU Oil and Gas

1.8%

RU Market


1 Year Return

23.2%

KRKN

19.3%

RU Oil and Gas

15.3%

RU Market

Return vs Industry: KRKN exceeded the Russian Oil and Gas industry which returned 19.3% over the past year.

Return vs Market: KRKN exceeded the Russian Market which returned 15.3% over the past year.


Shareholder returns

KRKNIndustryMarket
7 Day0%2.9%1.8%
30 Day-9.1%-0.1%-1.4%
90 Day16.4%6.9%3.7%
1 Year23.2%23.2%28.6%19.3%23.7%15.3%
3 Year-9.6%-9.6%99.2%66.1%66.6%40.7%
5 Year0%0%170.7%108.8%166.2%109.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Saratov Oil Refinery undervalued compared to its fair value and its price relative to the market?

1.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate KRKN's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate KRKN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KRKN is good value based on its PE Ratio (1.4x) compared to the Oil and Gas industry average (5.9x).

PE vs Market: KRKN is good value based on its PE Ratio (1.4x) compared to the Russian market (6.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KRKN is good value based on its PB Ratio (0.2x) compared to the RU Oil and Gas industry average (0.8x).


Next Steps

Future Growth

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

14.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KRKN's forecast earnings growth (14.1% per year) is above the savings rate (8.4%).

Earnings vs Market: KRKN's earnings (14.1% per year) are forecast to grow faster than the Russian market (4.6% per year).

High Growth Earnings: KRKN's earnings are forecast to grow, but not significantly.

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Saratov Oil Refinery performed over the past 5 years?

-3.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: KRKN's earnings have declined by -3.3% per year over the past 5 years.

Accelerating Growth: KRKN's earnings growth over the past year (116.3%) exceeds its 5-year average (-3.3% per year).

Earnings vs Industry: KRKN earnings growth over the past year (116.3%) exceeded the Oil and Gas industry 37.8%.


Return on Equity

High ROE: KRKN's Return on Equity (17%) is considered low.


Return on Assets

ROA vs Industry: KRKN has a higher Return on Assets than the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: KRKN has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Saratov Oil Refinery's financial position?


Financial Position Analysis

Short Term Liabilities: KRKN's short term assets (RUB19.9B) exceeds its short term liabilities (RUB4.9B)

Long Term Liabilities: KRKN's short term assets (19.9B) exceeds its long term liabilities (1.6B)


Debt to Equity History and Analysis

Debt Level: KRKN is debt free.

Reducing Debt: KRKN has no debt compared to 5 years ago when its debt to equity ratio was 66.3%.

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

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


Balance Sheet

Inventory Level: KRKN has a high level of physical assets or inventory.

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


Next Steps

Dividend

What is Saratov Oil Refinery's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%3.1%markettop25%8.7%industryaverage7.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate KRKN'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 KRKN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KRKN's dividend payments have been 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 KRKN'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 Saratov Oil Refinery's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Igor Kuzmin 0

4.2yrs

Tenure

0

Mr. Igor Gennadevich Kuzmin has been General Director of Open Joint Stock Company Saratov Oil Refinery since August 28, 2015. Mr. Kuzmin serves as the Chairman of Lukoil-Bulgaria EOOD. He served as a Direc ...


Management Age and Tenure

3.4yrs

Average Tenure

Experienced Management: KRKN's management team is considered experienced (3.4 years average tenure).


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

  • Igor Kuzmin

    Chairman of the Management Board

    • Tenure: 4.2yrs
  • Nellie Maltseva

    Head of Recruitment

    • Tenure: 12.8yrs
  • Olga Krylova

    Head of Legal Affairs & Member of Management Board

    • Tenure: 8.8yrs
  • Julia Popovtseva

    Member of the Management Board

    • Tenure: 0yrs
  • Karpova P.

    Chief Accountant

    • Tenure: 0yrs
  • Dmitriy Zubarev

    Member of Management Board

    • Tenure: 3.4yrs
  • Andrey Yushin

    Member of Management Board

    • Tenure: 3.4yrs
  • Nataliya Balas

    Member of Management Board

    • Tenure: 3.4yrs
  • Tatyana Polovnikova

    Member of Management Board

    • Tenure: 3.4yrs

Board Members

  • Igor Kuzmin

    Chairman of the Management Board

    • Tenure: 4.2yrs
  • Didier Casimiro (53yo)

    Chairman

    • Tenure: 0yrs
  • Svetlana Gritskevich (45yo)

    Director

    • Tenure: 0yrs
  • Yevgeniy Storozhuk

    Director

    • Tenure: 0yrs
  • Dmitri Spivakovsky

    Director

    • Tenure: 0yrs
  • Dmitri Mamonkin

    Director

    • Tenure: 0yrs
  • Konstantin Kusakin

    Director

    • Tenure: 0yrs
  • Romanov Anatolyevich

    Deputy Chairman

    • Tenure: 4.3yrs
  • Abdurakhmanov Valeryevich

    Member of the Audit Commission

    • Tenure: 0yrs
  • Aleksandr Krastilevskiy

    Director

    • Tenure: 3.3yrs

Company Information

Public Joint Stock Company Saratov Oil Refinery's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company Saratov Oil Refinery
  • Ticker: KRKN
  • Exchange: MISX
  • Founded: 1994
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: ₽6.358b
  • Shares outstanding: 748.01k
  • Website: https://www.saratov-npz.ru

Location

  • Public Joint Stock Company Saratov Oil Refinery
  • Bryanskaya Street, 1
  • Saratov
  • Saratovskaya obl.
  • 410022
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KRKNMISX (Micex - Rts)YesCommon SharesRURUBJan 2003
KRKNPMISX (Micex - Rts)RUB1 PREF(RUB)RURUBSep 2003

Biography

Public Joint Stock Company Saratov Oil Refinery engages in oil refining activities. It also sells materials, fixed assets, and processing services. The company was founded in 1994 and is based in Saratov,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 21:20
End of Day Share Price2019/10/17 00:00
Earnings2019/03/31
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.