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BLNG

BelonMISX:BLNG Stock Report

Market Cap

₽17.8b

7D

-0.3%

1Y

248.1%

Updated

15 Oct, 2021

Data

Company Financials
BLNG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

BLNG Overview

Belon Joint Stock Company extracts, processes, and produces coal and related products in Russia.

Belon Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Belon
Historical stock prices
Current Share Price₽15.00
52 Week High₽4.05
52 Week Low₽17.89
Beta0.22
1 Month Change9.93%
3 Month Change117.32%
1 Year Change248.07%
3 Year Change455.37%
5 Year Change240.80%
Change since IPO-29.44%

Recent News & Updates

May 18
Returns On Capital Signal Difficult Times Ahead For Belon (MCX:BLNG)

Returns On Capital Signal Difficult Times Ahead For Belon (MCX:BLNG)

What financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...

Feb 03
What Belon's (MCX:BLNG) Returns On Capital Can Tell Us

What Belon's (MCX:BLNG) Returns On Capital Can Tell Us

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...

Shareholder Returns

BLNGRU Metals and MiningRU Market
7D-0.3%3.6%1.0%
1Y248.1%22.2%57.4%

Return vs Industry: BLNG exceeded the Russian Metals and Mining industry which returned 23.4% over the past year.

Return vs Market: BLNG exceeded the Russian Market which returned 57.4% over the past year.

Price Volatility

Is BLNG's price volatile compared to industry and market?
BLNG volatility
BLNG Beta0.22
Industry Beta0.43
Market Beta1

Stable Share Price: BLNG is more volatile than 90% of Russian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: BLNG's weekly volatility has increased from 9% to 15% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991n/aVladimir Kharchenkohttps://www.belon.ru

Belon Joint Stock Company extracts, processes, and produces coal and related products in Russia. It offers coking coal and concentrates. The company was founded in 1991 and is based in Belovo, Russia.

Belon Fundamentals Summary

How do Belon's earnings and revenue compare to its market cap?
BLNG fundamental statistics
Market Cap₽17.77b
Earnings (TTM)₽339.93m
Revenue (TTM)₽5.48m

50.7x

P/E Ratio

3.2kx

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLNG income statement (TTM)
Revenue₽5.48m
Cost of Revenue₽684.00k
Gross Profit₽4.80m
Expenses-₽335.14m
Earnings₽339.93m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin87.52%
Net Profit Margin6,204.25%
Debt/Equity Ratio0.0%

How did BLNG perform over the long term?

See historical performance and comparison

Valuation

Is Belon undervalued compared to its fair value and its price relative to the market?

50.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BLNG (RUB15) is trading above our estimate of fair value (RUB5.86)

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


Price To Earnings Ratio

PE vs Industry: BLNG is poor value based on its PE Ratio (50.7x) compared to the Russian Metals and Mining industry average (10.7x).

PE vs Market: BLNG is poor value based on its PE Ratio (50.7x) compared to the Russian market (10.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BLNG is overvalued based on its PB Ratio (2.9x) compared to the RU Metals and Mining industry average (0.9x).


Future Growth

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

-13.1%

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 Belon 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 Belon performed over the past 5 years?

36.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLNG has high quality earnings.

Growing Profit Margin: BLNG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BLNG has become profitable over the past 5 years, growing earnings by 36.9% per year.

Accelerating Growth: BLNG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BLNG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (80.6%).


Return on Equity

High ROE: BLNG's Return on Equity (5.8%) is considered low.


Financial Health

How is Belon's financial position?


Financial Position Analysis

Short Term Liabilities: BLNG's short term assets (RUB1.9B) exceed its short term liabilities (RUB1.2M).

Long Term Liabilities: BLNG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BLNG is debt free.

Reducing Debt: BLNG has no debt compared to 5 years ago when its debt to equity ratio was 14.5%.

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

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


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: BLNG is not paying a notable dividend for the Russian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BLNG'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?

1.8yrs

Average board tenure


CEO

Vladimir Kharchenko (51 yo)

4.67yrs

Tenure

Mr. Vladimir Fedorovich Kharchenko has been Chief Executive Officer of Belon Public Joint Stock Company since February 2017 and serves as its General Director and has been its Director since 2017. Mr. Khar...


Board Members

Experienced Board: BLNG's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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.


Top Shareholders

Company Information

Belon Joint Stock Company's employee growth, exchange listings and data sources


Key Information

  • Name: Belon Joint Stock Company
  • Ticker: BLNG
  • Exchange: MISX
  • Founded: 1991
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₽17.768b
  • Shares outstanding: 1.15b
  • Website: https://www.belon.ru

Location

  • Belon Joint Stock Company
  • 1 Teleut
  • house 27/2, pom. 1
  • Belovo
  • Kemerovskaya obl.
  • 652607
  • Russia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 22:41
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.