MISX:AMEZ

Stock Analysis Report

Ashinskiy metallurgical works

Executive Summary

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

Snowflake

Fundamentals

Undervalued with excellent balance sheet.

Share Price & News

How has Ashinskiy metallurgical works's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.0%

AMEZ

-1.7%

RU Metals and Mining

1.8%

RU Market


1 Year Return

1.9%

AMEZ

2.8%

RU Metals and Mining

15.3%

RU Market

Return vs Industry: AMEZ matched the Russian Metals and Mining industry which returned 2.8% over the past year.

Return vs Market: AMEZ underperformed the Russian Market which returned 15.3% over the past year.


Shareholder returns

AMEZIndustryMarket
7 Day-1.0%-1.7%1.8%
30 Day-0.5%-6.0%-1.4%
90 Day7.6%-2.0%3.7%
1 Year1.9%1.9%12.3%2.8%23.7%15.3%
3 Year14.7%14.7%50.7%18.2%66.6%40.7%
5 Year-21.6%-21.6%434.3%278.8%166.2%109.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: AMEZ (RUB4.66) is trading below our estimate of fair value (RUB34.73)

Significantly Undervalued: 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 (2.2x) compared to the Metals and Mining industry average (4.6x).

PE vs Market: AMEZ is good value based on its PE Ratio (2.2x) compared to the Russian market (6.5x).


Price to Earnings Growth Ratio

Low 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 (0.3x) compared to the RU Metals and Mining industry average (0.5x).


Next Steps

Future Growth

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

12.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMEZ's forecast earnings growth (12% per year) is above the savings rate (8.4%).

Earnings vs Market: AMEZ's earnings (12% per year) are forecast to grow faster than the Russian market (4.6% per year).

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

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

High Growth Revenue: Insufficient data to determine if AMEZ'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 AMEZ's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

67.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AMEZ has become profitable over the past 5 years, growing earnings by 67.3% per year.

Accelerating Growth: AMEZ's earnings growth over the past year (36.1%) is below its 5-year average (67.3% per year).

Earnings vs Industry: AMEZ earnings growth over the past year (36.1%) exceeded the Metals and Mining industry 16.9%.


Return on Equity

High ROE: AMEZ's Return on Equity (13.7%) is considered low.


Return on Assets

ROA vs Industry: AMEZ's Return on Assets is below or equal to the Metals and Mining industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Ashinskiy metallurgical works's financial position?


Financial Position Analysis

Short Term Liabilities: AMEZ's short term assets (RUB8.0B) exceeds its short term liabilities (RUB4.5B)

Long Term Liabilities: AMEZ's short term assets (8.0B) exceeds its long term liabilities (5.0B)


Debt to Equity History and Analysis

Debt Level: AMEZ's debt to equity ratio (76%) is considered high

Reducing Debt: AMEZ's debt to equity ratio has reduced from 116.6% to 76% over the past 5 years.

Debt Coverage: AMEZ's debt is well covered by operating cash flow (44%).

Interest Coverage: AMEZ's interest payments on its debt are well covered by EBIT (6.1x coverage).


Balance Sheet

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

Debt Coverage by Assets: AMEZ's debt is covered by short term assets (assets are 1.350000x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%3.1%markettop25%8.7%industryaverage8.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate AMEZ'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 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.


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 AMEZ'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 Ashinskiy metallurgical works's salary, the management and board of directors tenure and is there insider trading?

14.8yrs

Average management tenure


CEO

Vladimir Myzgin 0

6.8yrs

Tenure

0

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. 


Management Age and Tenure

14.8yrs

Average Tenure

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


Board Age and Tenure

6.8yrs

Average Tenure

Experienced Board: AMEZ's board of directors are considered experienced (6.8 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

  • Andrey Nishchikh

    Head of the Legal Department

    • Tenure: 25.8yrs
  • Alexander Danilov

    Head of Foreign Economic Relations

    • Tenure: 0yrs
  • Konstantin Chvanov

    Head of Logistics & Director

    • Tenure: 9.8yrs
  • Valeriy Karaulovsky

    Chief Financial Officer

    • Tenure: 18.8yrs
  • Alexander Rubtsov

    Head of Corporate Policy

    • Tenure: 0yrs
  • Vladimir Myzgin

    General Director & Director

    • Tenure: 6.8yrs
  • Oleg Shepelev

    Deputy Chairman of the Board of Director

    • Tenure: 0yrs
  • Zinnur Shakirov

    Technical Director

    • Tenure: 9.8yrs
  • Olga Potapova

    Director of Personnel & Social Affairs

    • Tenure: 14.8yrs
  • Margarita Nechiporuk

    Head of Marketing

    • Tenure: 0yrs

Board Members

  • Vladimir Yevstratov

    Chairman

    • Tenure: 6.8yrs
  • Yuri Kuritsyn

    Director

    • Tenure: 0yrs
  • Konstantin Chvanov

    Head of Logistics & Director

    • Tenure: 9.8yrs
  • Vladimir Myzgin

    General Director & Director

    • Tenure: 6.8yrs
  • Oleg Shepelev

    Deputy Chairman of the Board of Director

    • Tenure: 0yrs
  • Leonid Nazarov

    Director & Commercial Director

    • Tenure: 0yrs
  • Aleksandr Reshetnikov

    Deputy General Director of Plant Development & Director

    • Tenure: 0yrs
  • Yuliya Ivanova (40yo)

    Member of the Board of Directors

    • Tenure: 0yrs

Company Information

Public Joint Stock Company "Ashinskiy metallurgical works"'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company "Ashinskiy metallurgical works"
  • Ticker: AMEZ
  • Exchange: MISX
  • Founded: 1898
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₽2.320b
  • Shares outstanding: 498.45m
  • Website: https://www.amet.ru

Location

  • Public Joint Stock Company "Ashinskiy metallurgical works"
  • Mira, d. 9
  • Asha, ul.
  • Chelyabinsk
  • Chelyabinskaya obl.
  • 456010
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMEZMISX (Micex - Rts)YesUsual SharesRURUBOct 2006

Biography

Public Joint Stock Company 'Ashinskiy metallurgical works' operates as a metallurgical company in Russia. The company manufactures and sells amorphous and nanocrystalline alloys; flat carbon and stainless  ...


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
Earnings2019/06/30
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.