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Ashinskiy metallurgical works

MISX:AMEZ
Snowflake Description

Undervalued with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AMEZ
MISX
RUB2B
Market Cap
  1. Home
  2. RU
  3. Materials
Company description

Public Joint Stock Company 'Ashinskiy metallurgical works' operates as a metallurgical company in Russia. The last earnings update was 54 days ago. More info.


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AMEZ Share Price and Events
7 Day Returns
1.4%
MISX:AMEZ
1.2%
RU Metals and Mining
0.2%
RU Market
1 Year Returns
5.8%
MISX:AMEZ
7.7%
RU Metals and Mining
16.8%
RU Market
AMEZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ashinskiy metallurgical works (AMEZ) 1.4% -1.5% -8.6% 5.8% 22.1% -23%
RU Metals and Mining 1.2% 4.7% 0.6% 7.7% 33.2% 265.8%
RU Market 0.2% 6% 9.9% 16.8% 43.9% 93.1%
1 Year Return vs Industry and Market
  • AMEZ underperformed the Metals and Mining industry which returned 7.7% over the past year.
  • AMEZ underperformed the Market in Russian Federation which returned 16.8% over the past year.
Price Volatility
AMEZ
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ashinskiy metallurgical works to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ashinskiy metallurgical works.

MISX:AMEZ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 27.3%
Perpetual Growth Rate 10-Year RU Government Bond Rate 8.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for MISX:AMEZ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year RU Govt Bond Rate 8.4%
Equity Risk Premium S&P Global 9.4%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.025 (1 + (1- 20%) (351.37%))
2.948
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.44% + (2 * 9.43%)
27.3%

Discounted Cash Flow Calculation for MISX:AMEZ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ashinskiy metallurgical works is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

MISX:AMEZ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (RUB, Millions) Source Present Value
Discounted (@ 27.3%)
2019 949.43 Est @ -11.07% 745.82
2020 899.90 Est @ -5.22% 555.32
2021 889.83 Est @ -1.12% 431.34
2022 905.39 Est @ 1.75% 344.76
2023 939.39 Est @ 3.76% 281.00
2024 987.88 Est @ 5.16% 232.13
2025 1,048.58 Est @ 6.14% 193.55
2026 1,120.23 Est @ 6.83% 162.44
2027 1,202.18 Est @ 7.32% 136.93
2028 1,294.18 Est @ 7.65% 115.80
Present value of next 10 years cash flows RUB3,199.10
MISX:AMEZ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= RUB1,294.18 × (1 + 8.44%) ÷ (27.3% – 8.44%)
RUB7,441.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= RUB7,441.20 ÷ (1 + 27.3%)10
RUB665.82
MISX:AMEZ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= RUB3,199.10 + RUB665.82
RUB3,864.92
Equity Value per Share
(RUB)
= Total value / Shares Outstanding
= RUB3,864.92 / 498.45
RUB7.75
MISX:AMEZ Discount to Share Price
Calculation Result
Value per share (RUB) From above. RUB7.75
Current discount Discount to share price of RUB4.03
= -1 x (RUB4.03 - RUB7.75) / RUB7.75
48%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ashinskiy metallurgical works is available for.
Intrinsic value
48%
Share price is RUB4.03 vs Future cash flow value of RUB7.75
Current Discount Checks
For Ashinskiy metallurgical works to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ashinskiy metallurgical works's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ashinskiy metallurgical works's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ashinskiy metallurgical works's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ashinskiy metallurgical works's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MISX:AMEZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in RUB RUB1.17
MISX:AMEZ Share Price ** MISX (2019-06-14) in RUB RUB4.03
Russian Federation Metals and Mining Industry PE Ratio Median Figure of 19 Publicly-Listed Metals and Mining Companies 4.54x
Russian Federation Market PE Ratio Median Figure of 136 Publicly-Listed Companies 7.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ashinskiy metallurgical works.

MISX:AMEZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MISX:AMEZ Share Price ÷ EPS (both in RUB)

= 4.03 ÷ 1.17

3.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashinskiy metallurgical works is good value based on earnings compared to the RU Metals and Mining industry average.
  • Ashinskiy metallurgical works is good value based on earnings compared to the Russian Federation market.
Price based on expected Growth
Does Ashinskiy metallurgical works's expected growth come at a high price?
Raw Data
MISX:AMEZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
6.1%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 63 Publicly-Listed Metals and Mining Companies 0.65x
Russian Federation Market PEG Ratio Median Figure of 32 Publicly-Listed Companies 0.68x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ashinskiy metallurgical works, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ashinskiy metallurgical works's assets?
Raw Data
MISX:AMEZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in RUB RUB13.46
MISX:AMEZ Share Price * MISX (2019-06-14) in RUB RUB4.03
Russian Federation Metals and Mining Industry PB Ratio Median Figure of 21 Publicly-Listed Metals and Mining Companies 0.44x
Russian Federation Market PB Ratio Median Figure of 153 Publicly-Listed Companies 0.79x
MISX:AMEZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MISX:AMEZ Share Price ÷ Book Value per Share (both in RUB)

= 4.03 ÷ 13.46

0.3x

* Primary Listing of Ashinskiy metallurgical works.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashinskiy metallurgical works is good value based on assets compared to the RU Metals and Mining industry average.
X
Value checks
We assess Ashinskiy metallurgical works's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ashinskiy metallurgical works has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Ashinskiy metallurgical works, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ashinskiy metallurgical works expected to grow at an attractive rate?
  • Ashinskiy metallurgical works's earnings growth is positive but not above the low risk savings rate of 8.4%.
Growth vs Market Checks
  • Ashinskiy metallurgical works's earnings growth is expected to exceed the Russian Federation market average.
  • Unable to compare Ashinskiy metallurgical works's revenue growth to the Russian Federation market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MISX:AMEZ Future Growth Rates Data Sources
Data Point Source Value (per year)
MISX:AMEZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 6.1%
Russian Federation Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 4.4%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Russian Federation Market Earnings Growth Rate Market Cap Weighted Average 2.8%
Russian Federation Market Revenue Growth Rate Market Cap Weighted Average 4.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MISX:AMEZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in RUB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MISX:AMEZ Past Financials Data
Date (Data in RUB Millions) Revenue Cash Flow Net Income *
2018-12-31 26,153 1,562 582
2018-09-30 25,219 1,063 681
2018-06-30 24,284 565 779
2018-03-31 23,411 604 785
2017-12-31 22,537 643 791
2017-09-30 22,098 1,190 1,222
2017-06-30 21,659 1,738 1,654
2017-03-31 20,450 1,759 1,793
2016-12-31 19,241 1,781 1,933
2016-09-30 18,193 1,641 526
2016-06-30 17,145 1,501 -880
2016-03-31 17,287 -898

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ashinskiy metallurgical works's earnings are expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Ashinskiy metallurgical works is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MISX:AMEZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ashinskiy metallurgical works Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:AMEZ Past Financials Data
Date (Data in RUB Millions) EPS *
2018-12-31 1.17
2018-09-30 1.37
2018-06-30 1.56
2018-03-31 1.57
2017-12-31 1.59
2017-09-30 2.45
2017-06-30 3.32
2017-03-31 3.60
2016-12-31 3.88
2016-09-30 1.06
2016-06-30 -1.76
2016-03-31 -1.80

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ashinskiy metallurgical works will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ashinskiy metallurgical works's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Russian Federation market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ashinskiy metallurgical works has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ashinskiy metallurgical works's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ashinskiy metallurgical works has delivered over 20% year on year earnings growth in the past 5 years.
  • Ashinskiy metallurgical works's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ashinskiy metallurgical works's 1-year earnings growth is negative, it can't be compared to the RU Metals and Mining industry average.
Earnings and Revenue History
Ashinskiy metallurgical works's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ashinskiy metallurgical works Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:AMEZ Past Revenue, Cash Flow and Net Income Data
Date (Data in RUB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 26,153.01 582.23 2,196.37
2018-09-30 25,218.65 680.54 2,132.03
2018-06-30 24,284.28 778.86 2,067.68
2018-03-31 23,410.78 784.84 1,995.91
2017-12-31 22,537.29 790.83 1,924.15
2017-09-30 22,097.94 1,222.24 1,882.56
2017-06-30 21,658.59 1,653.66 1,840.98
2017-03-31 20,449.95 1,793.14 1,803.54
2016-12-31 19,241.31 1,932.63 1,766.11
2016-09-30 18,193.17 526.47 1,668.84
2016-06-30 17,145.03 -879.70 1,571.57
2016-03-31 17,287.18 -898.17 1,631.86
2015-12-31 17,375.71 -825.97 1,520.76
2015-09-30 17,554.92 -557.34 1,517.44
2015-06-30 17,734.13 -288.70 1,514.12
2015-03-31 16,740.93 -238.46 1,367.74
2014-12-31 15,741.14 -1,060.85 1,340.85
2014-09-30 14,847.17 -3,935.47 1,324.88
2014-06-30 13,953.21 -6,810.08 1,308.92
2014-03-31 13,489.82 -7,448.30 1,290.81
2013-12-31 13,086.64 -7,304.55 1,324.59
2012-12-31 14,579.93 -656.48 1,718.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ashinskiy metallurgical works has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ashinskiy metallurgical works used its assets more efficiently than the RU Metals and Mining industry average last year based on Return on Assets.
  • Ashinskiy metallurgical works has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ashinskiy metallurgical works's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ashinskiy metallurgical works has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ashinskiy metallurgical works's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ashinskiy metallurgical works's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ashinskiy metallurgical works is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ashinskiy metallurgical works's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ashinskiy metallurgical works's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ashinskiy metallurgical works Company Filings, last reported 5 months ago.

MISX:AMEZ Past Debt and Equity Data
Date (Data in RUB Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 6,711.15 7,058.20 558.47
2018-09-30 6,711.15 7,058.20 558.47
2018-06-30 6,689.79 7,276.95 339.88
2018-03-31 6,689.79 7,276.95 339.88
2017-12-31 6,128.92 7,385.98 453.45
2017-09-30 6,128.92 7,385.98 453.45
2017-06-30 5,910.93 7,352.90 607.05
2017-03-31 5,910.93 7,352.90 607.05
2016-12-31 5,338.09 7,399.41 576.50
2016-09-30 5,338.09 7,399.41 576.50
2016-06-30 4,260.88 8,767.84 733.31
2016-03-31 4,260.88 8,767.84 733.31
2015-12-31 3,409.83 9,823.79 577.52
2015-09-30 3,409.83 9,823.79 577.52
2015-06-30 5,137.13 9,126.10 1,443.27
2015-03-31 11,427.60 9,604.01 675.83
2014-12-31 4,234.78 10,087.87 1,816.58
2014-09-30 4,234.78 10,087.87 1,816.58
2014-06-30 5,735.30 6,629.32 431.57
2014-03-31 5,296.94 5,138.61 122.72
2013-12-31 5,296.94 5,138.61 122.72
2012-12-31 12,566.32 2,739.96 1,022.13
  • Ashinskiy metallurgical works's level of debt (105.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (97% vs 105.2% today).
  • Debt is well covered by operating cash flow (22.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.7x coverage).
X
Financial health checks
We assess Ashinskiy metallurgical works's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ashinskiy metallurgical works has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ashinskiy metallurgical works dividends.
If you bought RUB2,000 of Ashinskiy metallurgical works shares you are expected to receive RUB0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ashinskiy metallurgical works's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ashinskiy metallurgical works's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MISX:AMEZ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 63 Stocks 6.2%
Russian Federation Market Average Dividend Yield Market Cap Weighted Average of 73 Stocks 6.7%
Russian Federation Minimum Threshold Dividend Yield 10th Percentile 1.7%
Russian Federation Bottom 25% Dividend Yield 25th Percentile 3.2%
Russian Federation Top 25% Dividend Yield 75th Percentile 8.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ashinskiy metallurgical works has not reported any payouts.
  • Unable to verify if Ashinskiy metallurgical works's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ashinskiy metallurgical works's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ashinskiy metallurgical works has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ashinskiy metallurgical works's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ashinskiy metallurgical works afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ashinskiy metallurgical works has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vladimir Myzgin
TENURE AS CEO 6.5 years
CEO Bio

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.

CEO Compensation
  • Insufficient data for Vladimir to compare compensation growth.
  • Insufficient data for Vladimir to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Ashinskiy metallurgical works management team in years:

14.4
Average Tenure
  • The average tenure for the Ashinskiy metallurgical works management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Vladimir Myzgin

TITLE
General Director & Director
TENURE
6.5 yrs

Oleg Shepelev

TITLE
Deputy Chairman of the Board of Director
TENURE
18.4 yrs

Valeriy Karaulovsky

TITLE
Chief Financial Officer
TENURE
18.4 yrs

Zinnur Shakirov

TITLE
Technical Director
TENURE
9.4 yrs

Andrey Nishchikh

TITLE
Head of the Legal Department
TENURE
25.4 yrs

Margarita Nechiporuk

TITLE
Head of Marketing

Olga Potapova

TITLE
Director of Personnel & Social Affairs
TENURE
14.4 yrs

Alexander Danilov

TITLE
Head of Foreign Economic Relations

Konstantin Chvanov

TITLE
Head of Logistics & Director
TENURE
9.4 yrs

Alexander Rubtsov

TITLE
Head of Corporate Policy
Board of Directors Tenure

Average tenure of the Ashinskiy metallurgical works board of directors in years:

6.5
Average Tenure
  • The tenure for the Ashinskiy metallurgical works board of directors is about average.
Board of Directors

Vladimir Yevstratov

TITLE
Chairman
TENURE
6.5 yrs

Vladimir Myzgin

TITLE
General Director & Director
TENURE
6.5 yrs

Oleg Shepelev

TITLE
Deputy Chairman of the Board of Director

Konstantin Chvanov

TITLE
Head of Logistics & Director
TENURE
9.4 yrs

Leonid Nazarov

TITLE
Director & Commercial Director

Aleksandr Reshetnikov

TITLE
Deputy General Director of Plant Development & Director

Victor Shatalin

TITLE
Independent Director

Yuri Kuritsyn

TITLE
Director

Yuliya Ivanova

TITLE
Member of the Board of Directors
AGE
39
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (RUB) Value (RUB)
X
Management checks
We assess Ashinskiy metallurgical works's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ashinskiy metallurgical works has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

You Might Like Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) But Do You Like Its Debt?

While small-cap stocks, such as Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) with its market cap of RUруб2.1b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Introducing Ashinskiy metallurgical works, A Stock That Climbed 12% In The Last Three Years

That's what has happened with the Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) share price. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … That would generally be considered a positive, so we'd expect the share price to be up.

Simply Wall St -

Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) Earns Among The Best Returns In Its Industry

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

How Much Of Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) Do Institutions Own?

Every investor in Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) should be aware of the most powerful shareholder groups. … We also tend to see lower insider ownership in companies that were previously publicly owned. … With a market capitalization of RUруб2.1b, Ashinskiy metallurgical works is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Is Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) A Financially Sound Company?

While small-cap stocks, such as Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) with its market cap of RUруб2.03b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … since poor capital management may bring about bankruptcies, … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

Should You Be Tempted To Buy Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) Because Of Its PE Ratio?

and want to better understand how you can grow your money by investing in Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ). … Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ) is currently trading at a trailing P/E of 2.4x, which is lower than the industry average of 6.3x. … While AMEZ might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

Simply Wall St -

Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ): Should The Recent Earnings Drop Worry You?

When Public Joint Stock Company "Ashinskiy metallurgical works" (MISX:AMEZ) announced its most recent earnings (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … View our latest analysis for Ashinskiy metallurgical works Was AMEZ's recent earnings decline indicative of a tough track record? … Since these figures are somewhat nearsighted, I’ve computed an annualized five-year value for AMEZ's earnings, which stands at -RUРУБ1.06B This shows that though earnings growth was negative from the prior year, over a longer period of time, Ashinskiy metallurgical works's earnings have been increasing on average.

Simply Wall St -

Who Are The Major Shareholders In Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ)?

In this article, I'm going to take a look at Public Joint Stock Company "Ashinskiy metallurgical works"’s (MISX:AMEZ) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, investors should dig deeper into AMEZ's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in AMEZ need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

One Thing To Consider Before Buying Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ)

Check out our latest analysis for Ashinskiy metallurgical works An interpretation of AMEZ's beta Ashinskiy metallurgical works's beta of 0.29 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, AMEZ appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … AMEZ, with its market capitalisation of RUРУБ1.98B, is a small-cap stock, which generally have higher beta than similar companies of larger size.

Simply Wall St -

How Financially Strong Is Public Joint Stock Company "Ashinskiy metallurgical works" (MCX:AMEZ)?

How does AMEZ’s operating cash flow stack up against its debt? … On top of this, AMEZ has generated RUРУБ1.78B in operating cash flow in the last twelve months, leading to an operating cash to total debt ratio of 24.07%, meaning that AMEZ’s operating cash is sufficient to cover its debt. … For AMEZ, the ratio of 6.29x suggests that interest is appropriately covered, which means that lenders may be less hesitant to lend out more funding as AMEZ’s high interest coverage is seen as responsible and safe practice.Next Steps: AMEZ’s debt and cash flow levels indicate room for improvement.

Simply Wall St -

Company Info

Description

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 sheets; finest electrotechnical tape; and stainless steel durable goods under the AMET brand. It serves defense, oil and gas, chemical, nuclear, aviation, and space industries. The company was founded in 1898 and is based in Chelyabinsk, Russia.

Details
Name: Public Joint Stock Company "Ashinskiy metallurgical works"
AMEZ
Exchange: MISX
Founded: 1898
RUB2,008,772,932
498,454,822
Website: http://www.amet.ru
Address: Public Joint Stock Company "Ashinskiy metallurgical works"
Mira, d. 9,
Asha, ul.,
Chelyabinsk,
Chelyabinskaya obl., 456010,
Russia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MISX AMEZ Usual Shares Micex - Rts RU RUB 05. Oct 2006
Number of employees
Current staff
Staff numbers
0
Ashinskiy metallurgical works employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 21:22
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/04/23
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.