Ashinskiy metallurgical works (MISX:AMEZ) - Share price, News & Analysis

AMEZ fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	0/6

AMEZ Stock Overview

Public Joint Stock Company 'Ashinskiy metallurgical works' operates as a metallurgical company in Russia.

Rewards

Trading at 94.2% below our estimate of its fair value

Earnings grew by 2067.6% over the past year

Risk Analysis

High level of non-cash earnings

Ashinskiy metallurgical works Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ashinskiy metallurgical works
Historical stock prices
Current Share Price	₽21.74
52 Week High	₽34.91
52 Week Low	₽10.73
Beta	0.62
1 Month Change	-4.23%
3 Month Change	-5.79%
1 Year Change	80.97%
3 Year Change	450.25%
5 Year Change	342.67%
Change since IPO	106.96%

Shareholder Returns

	AMEZ	RU Metals and Mining	RU Market
7D	4.1%	1.4%	5.3%
1Y	81.0%	-20.0%	-20.6%

Return vs Industry: AMEZ exceeded the Russian Metals and Mining industry which returned -19% over the past year.

Return vs Market: AMEZ exceeded the Russian Market which returned -20.1% over the past year.

Price Volatility

Is AMEZ's price volatile compared to industry and market?
AMEZ volatility
AMEZ Average Weekly Movement	12.8%
Metals and Mining Industry Average Movement	16.6%
Market Average Movement	15.7%
10% most volatile stocks in RU Market	22.2%
10% least volatile stocks in RU Market	9.7%

Stable Share Price: AMEZ is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: AMEZ's weekly volatility (13%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1898	3	Vladimir Myzgin	https://www.amet.ru

Public Joint Stock Company 'Ashinskiy metallurgical works' operates as a metallurgical company in Russia. The company manufactures and sells amorphous and nanocrystalline alloys; hot-rolled and cold-rolled steel sheets; flat carbon and stainless sheets; ribbons and tape wires; and stainless steel durable products under the AMET brand. It serves household, chemical, aviation, and space industries.

Ashinskiy metallurgical works Fundamentals Summary

How do Ashinskiy metallurgical works's earnings and revenue compare to its market cap?
AMEZ fundamental statistics
Market Cap	₽10.64b
Earnings (TTM)	₽11.67b
Revenue (TTM)	₽40.07b

0.9x

P/E Ratio

0.3x

P/S Ratio

Is AMEZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMEZ income statement (TTM)
Revenue	₽40.07b
Cost of Revenue	₽27.30b
Gross Profit	₽12.78b
Other Expenses	₽1.10b
Earnings	₽11.67b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	23.84
Gross Margin	31.88%
Net Profit Margin	29.13%
Debt/Equity Ratio	20.8%

How did AMEZ perform over the long term?

See historical performance and comparison

Valuation

Is Ashinskiy metallurgical works undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: AMEZ (RUB21.74) is trading below our estimate of fair value (RUB374.07)

Significantly Below Fair Value: AMEZ is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: AMEZ is good value based on its PE Ratio (0.9x) compared to the Russian Metals and Mining industry average (5.3x).

PE vs Market: AMEZ is good value based on its PE Ratio (0.9x) compared to the Russian market (6.9x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: AMEZ is good value based on its PB Ratio (0.5x) compared to the RU Metals and Mining industry average (1.3x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-8.0%

Forecasted Materials 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 Ashinskiy metallurgical works 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.

Past Performance

How has Ashinskiy metallurgical works performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

43.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AMEZ has a high level of non-cash earnings.

Growing Profit Margin: AMEZ's current net profit margins (29.1%) are higher than last year (2.2%).

Past Earnings Growth Analysis

Earnings Trend: AMEZ's earnings have grown significantly by 43.3% per year over the past 5 years.

Accelerating Growth: AMEZ's earnings growth over the past year (2067.6%) exceeds its 5-year average (43.3% per year).

Earnings vs Industry: AMEZ earnings growth over the past year (2067.6%) exceeded the Metals and Mining industry 96.2%.

Return on Equity

High ROE: AMEZ's Return on Equity (57.2%) is considered outstanding.

Financial Health

How is Ashinskiy metallurgical works's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: AMEZ's short term assets (RUB18.1B) exceed its short term liabilities (RUB6.6B).

Long Term Liabilities: AMEZ's short term assets (RUB18.1B) exceed its long term liabilities (RUB4.2B).

Debt to Equity History and Analysis

Debt Level: AMEZ has more cash than its total debt.

Reducing Debt: AMEZ's debt to equity ratio has reduced from 138.4% to 20.8% over the past 5 years.

Debt Coverage: AMEZ's debt is well covered by operating cash flow (172.7%).

Interest Coverage: AMEZ earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Ashinskiy metallurgical works's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

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

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AMEZ has not reported any payouts.

Discover strong dividend paying companies

Management

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

14.8yrs

Average management tenure

CEO

Vladimir Myzgin

9.42yrs

Tenure

Mr. Vladimir Yuryevich Myzgin serves as the General Director of Public Joint Stock Company Ashinskiy metallurgical works and has been its Director since December 12, 2012.

Leadership Team

Experienced Management: AMEZ's management team is seasoned and experienced (14.8 years average tenure).

Board Members

Experienced Board: AMEZ's board of directors are considered experienced (9.4 years average tenure).

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31