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Belon

MISX:BLNG
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BLNG
MISX
RUB5B
Market Cap
  1. Home
  2. RU
  3. Materials
Company description

Belon Joint Stock Company extracts, processes, and produces coal and related products in Russia. The last earnings update was 237 days ago. More info.


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  • Belon has significant price volatility in the past 3 months.
BLNG Share Price and Events
7 Day Returns
18.4%
MISX:BLNG
1.2%
RU Metals and Mining
1.1%
RU Market
1 Year Returns
61.5%
MISX:BLNG
-1.4%
RU Metals and Mining
8%
RU Market
BLNG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Belon (BLNG) 18.4% 23.7% 44.8% 61.5% -8.2% 33.5%
RU Metals and Mining 1.2% 0.5% -1.8% -1.4% 38% 209.7%
RU Market 1.1% 3.2% 4.1% 8% 31.9% 99%
1 Year Return vs Industry and Market
  • BLNG outperformed the Metals and Mining industry which returned -1.4% over the past year.
  • BLNG outperformed the Market in Russian Federation which returned 8% over the past year.
Price Volatility
BLNG
Industry
5yr Volatility vs Market

BLNG Value

 Is Belon 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
  • It is not possible to calculate the future cash flow value for Belon. This is due to cash flow or dividend data being unavailable. The share price is RUB4.28.
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 Belon's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Belon's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MISX:BLNG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in RUB RUB1.03
MISX:BLNG Share Price ** MISX (2019-04-23) in RUB RUB4.28
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 129 Publicly-Listed Companies 7.39x

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

** Primary Listing of Belon.

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

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

= 4.28 ÷ 1.03

4.16x

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

  • Belon is good value based on earnings compared to the RU Metals and Mining industry average.
  • Belon is good value based on earnings compared to the Russian Federation market.
Price based on expected Growth
Does Belon's expected growth come at a high price?
Raw Data
MISX:BLNG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 62 Publicly-Listed Metals and Mining Companies 0.68x
Russian Federation Market PEG Ratio Median Figure of 33 Publicly-Listed Companies 0.5x

*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 Belon, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Belon's assets?
Raw Data
MISX:BLNG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in RUB RUB3.79
MISX:BLNG Share Price * MISX (2019-04-23) in RUB RUB4.28
Russian Federation Metals and Mining Industry PB Ratio Median Figure of 20 Publicly-Listed Metals and Mining Companies 0.42x
Russian Federation Market PB Ratio Median Figure of 149 Publicly-Listed Companies 0.81x
MISX:BLNG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 4.28 ÷ 3.79

1.13x

* Primary Listing of Belon.

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

  • Belon is overvalued based on assets compared to the RU Metals and Mining industry average.
X
Value checks
We assess Belon'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. Belon has a total score of 2/6, 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.

BLNG Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
-1.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Belon expected to grow at an attractive rate?
  • Unable to compare Belon's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Belon's earnings growth to the Russian Federation market average as no estimate data is available.
  • Unable to compare Belon's revenue growth to the Russian Federation market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MISX:BLNG Future Growth Rates Data Sources
Data Point Source Value (per year)
Russian Federation Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average -1.8%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Russian Federation Market Earnings Growth Rate Market Cap Weighted Average 3.4%
Russian Federation Market Revenue Growth Rate Market Cap Weighted Average 4.4%

*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:BLNG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 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:BLNG Past Financials Data
Date (Data in RUB Millions) Revenue Cash Flow Net Income *
2018-06-30 7 -102 1,185
2018-03-31 177 -104 1,239
2017-12-31 348 -106 1,293
2017-09-30 4,164 545 -416
2017-06-30 7,980 1,196 -2,125
2017-03-31 11,017 1,395 -2,459
2016-12-31 14,054 1,595 -2,793
2016-09-30 13,868 1,233 -2,303
2016-06-30 13,682 871 -1,812
2016-03-31 13,854 -457
2015-12-31 13,662 1,190 -1,065
2015-09-30 12,756 1,334 -669

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Belon is high growth as no earnings estimate data is available.
  • Unable to determine if Belon 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:BLNG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Belon Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:BLNG Past Financials Data
Date (Data in RUB Millions) EPS *
2018-06-30 1.03
2018-03-31 1.08
2017-12-31 1.12
2017-09-30 -0.36
2017-06-30 -1.85
2017-03-31 -2.14
2016-12-31 -2.43
2016-09-30 -2.00
2016-06-30 -1.58
2016-03-31 -0.40
2015-12-31 -0.93
2015-09-30 -0.58

*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 Belon will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Belon's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Belon's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Belon's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Belon'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.
Belon has a total score of 0/6, 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.

BLNG Past Performance

  How has Belon performed over the past 5 years?

  • Belon's last earnings update was 237 days ago.
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 Belon'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.
  • Belon has delivered over 20% year on year earnings growth in the past 5 years.
  • Belon has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Belon has become profitable in the last year making it difficult to compare the RU Metals and Mining industry average.
Earnings and Revenue History
Belon'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 Belon Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:BLNG Past Revenue, Cash Flow and Net Income Data
Date (Data in RUB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 6.78 1,184.59 4.04
2018-03-31 177.39 1,238.79 12.02
2017-12-31 348.00 1,293.00 20.00
2017-09-30 4,163.99 -415.86 106.61
2017-06-30 7,979.99 -2,124.86 193.11
2017-03-31 11,016.99 -2,458.93 324.06
2016-12-31 14,054.00 -2,793.00 455.00
2016-09-30 13,868.00 -2,302.50 454.50
2016-06-30 13,682.00 -1,812.00 454.00
2016-03-31 13,854.01 -456.65 711.12
2015-12-31 13,662.00 -1,065.00 675.00
2015-09-30 12,756.00 -668.50 713.50
2015-06-30 11,850.00 -272.00 752.00
2015-03-31 10,578.71 -2,526.52 795.75
2014-12-31 10,377.00 -2,404.00 816.00
2014-09-30 10,127.00 -5,887.00 819.00
2014-06-30 9,877.00 -9,370.00 822.00
2014-03-31 10,709.28 -9,221.33 695.13
2013-12-31 10,836.00 -9,486.00 885.00
2012-12-31 14,580.00 -78.00 947.00

*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.
  • Belon has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Belon used its assets more efficiently than the RU Metals and Mining industry average last year based on Return on Assets.
  • Belon's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Belon'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.
Belon 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.

BLNG Health

 How is Belon'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 Belon's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Belon is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Belon has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Belon'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.
  • Low level of unsold assets.
  • Belon has no debt, it does not need to be covered by short term assets.
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 Belon Company Filings, last reported 9 months ago.

MISX:BLNG Past Debt and Equity Data
Date (Data in RUB Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 4,358.94 0.00 0.07
2018-03-31 4,358.94 0.00 0.07
2017-12-31 3,778.00 0.00
2017-09-30 3,778.00 0.00
2017-06-30 3,174.00 0.00
2017-03-31 3,174.00 0.00
2016-12-31 2,485.00 0.00
2016-09-30 2,485.00 0.00
2016-06-30 5,287.00 768.00 1.00
2016-03-31 5,287.00 768.00 1.00
2015-12-31 5,266.00 808.00 1.00
2015-09-30 5,266.00 808.00 1.00
2015-06-30 7,344.00 6,312.00 1.00
2015-03-31 7,551.64 987.55 1,696.82
2014-12-31 6,576.00 5,955.00 1.00
2014-09-30 6,576.00 5,955.00 1.00
2014-06-30 7,616.00 5,904.00 4.00
2014-03-31 8,980.00 5,794.00 32.00
2013-12-31 8,980.00 5,794.00 32.00
2012-12-31 18,466.00 3,637.00 26.00
  • Belon has no debt.
  • Belon has no debt compared to 5 years ago when it was 34.3%.
  • Belon has no debt, it does not need to be covered by operating cash flow.
  • Belon has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Belon'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. Belon has a total score of 6/6, 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.

BLNG Dividends

 What is Belon'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 Belon dividends.
If you bought RUB2,000 of Belon 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 Belon's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Belon'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:BLNG 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 65 Stocks 5.7%
Russian Federation Market Average Dividend Yield Market Cap Weighted Average of 75 Stocks 6.8%
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 9.1%

Industry and Market average data is calculated daily.

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

MISX:BLNG Past Annualized Dividends Data
Date (Data in RUB) Dividend per share (annual) Avg. Yield (%)
2011-05-10 0.000 0.000
2010-11-15 0.000 0.000
2010-08-16 0.000 0.000
2010-05-14 0.000 0.000
2010-02-10 1.332 4.721

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

  • Unable to perform a dividend volatility check as Belon has not reported any payouts.
  • Unable to verify if Belon's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Belon's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Belon 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 Belon'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 Belon afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Belon 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.

BLNG Management

 What is the CEO of Belon'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 Kharchenko
AGE 48
TENURE AS CEO 2.2 years
CEO Bio

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

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

Vladimir Kharchenko

TITLE
CEO & Director
AGE
48
TENURE
2.2 yrs

R. Sereda

TITLE
Chief Accountant
Board of Directors Tenure

Average tenure and age of the Belon board of directors in years:

3.8
Average Tenure
48
Average Age
  • The tenure for the Belon board of directors is about average.
Board of Directors

Sergey Korol

TITLE
Chairman of the Board
AGE
52

Vladimir Kharchenko

TITLE
CEO & Director
AGE
48
TENURE
2.3 yrs

Vladimir Ruzankin

TITLE
Director
AGE
59

Natalya Sokolova

TITLE
Director
AGE
48

Artyom Polishchuk

TITLE
Director
AGE
35
TENURE
3.8 yrs

Svetlana Andrusyak

TITLE
Member of the Audit Commission

Bolmosova Fedorovna

TITLE
Member of Audit Committee
TENURE
3.8 yrs

Elena Sirova

TITLE
Member of Audit Committee
TENURE
3.8 yrs
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 Belon'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. Belon 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.

BLNG News

Simply Wall St News

How Do Belon Joint Stock Company’s (MCX:BLNG) Returns On Capital Compare To Peers?

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. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

What Investors Should Know About Belon Joint Stock Company's (MCX:BLNG) Financial Strength

Belon Joint Stock Company (MCX:BLNG), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Does BLNG's growth rate justify its decision for financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

Simply Wall St -

Should You Expect Belon Public Joint Stock Company (MCX:BLNG) To Continue Delivering An ROE Of 34.22%?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to begin learning the link between Belon Public Joint Stock Company (MCX:BLNG)’s return fundamentals and stock market performance. … Belon Public Joint Stock Company (MCX:BLNG) delivered an ROE of 34.22% over the past 12 months, which is an impressive feat relative to its industry average of 21.96% during the same period.

Simply Wall St -

Should You Be Tempted To Buy Belon Public Joint Stock Company (MCX:BLNG) At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for BLNG Price per share = RUB2.71 Earnings per share = RUB1.124 ∴ Price-Earnings Ratio = RUB2.71 ÷ RUB1.124 = 2.4x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you accidentally compared higher growth firms with BLNG, then BLNG’s P/E would naturally be lower since investors would reward its peers’ higher growth with a higher price. … Alternatively, if you inadvertently compared less risky firms with BLNG, BLNG’s P/E would again be lower since investors would reward its peers’ lower risk with a higher price as well.

Simply Wall St -

How Belon Public Joint Stock Company (MCX:BLNG) Delivered A Better ROE Than Its Industry

Check out our latest analysis for Belon What you must know about ROE Return on Equity (ROE) is a measure of Belon’s profit relative to its shareholders’ equity. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity MISX:BLNG Last Perf May 11th 18 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses. … And finally, financial leverage is simply how much of assets are funded by equity, which exhibits how sustainable the company’s capital structure is.

Simply Wall St -

Who Are The Major Shareholders In Belon Public Joint Stock Company (MCX:BLNG)?

View our latest analysis for Belon MISX:BLNG Ownership_summary Mar 27th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … BLNG hardly has any institutional ownership, leaving investors little to think about sharp price volatility in the stock that could take place due to institutional trading. … General Public Ownership The general public, with 4.72% stake, is a relatively minor group of shareholders in BLNG.

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Does Belon Public Joint Stock Company (MCX:BLNG) Fall With The Market?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … This means that the change in BLNG's value, whether it goes up or down, will be of a smaller degree than the change in value of the entire stock market index. … BLNG's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.

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With A -17.27% Earnings Drop, Is Belon Public Joint Stock Company's (MCX:BLNG) A Concern?

After looking at Belon Public Joint Stock Company's (MISX:BLNG) latest earnings update (30 June 2017), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … MISX:BLNG Income Statement Mar 12th 18 We can further examine Belon's loss by looking at what the industry has been experiencing over the past few years. … Looking at growth from a sector-level, the RU metals and mining industry has been relatively flat in terms of earnings growth over the past few years.

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BLNG Company Info

Description

Belon Joint Stock Company extracts, processes, and produces coal and related products in Russia. The company offers coking coal and coking coal concentrates. It also manufactures metal products for production structural divisions, assembly, and dismantling of mining equipment. In addition, the company is involved in drilling and degassing of water-damping wells, geological exploration, and monitoring of the geological environment, as well as maintenance of pumps and pumping of groundwater from water wells. Further, it provides cleaning mechanized complex and belt conveyors services, as well as other works. The company was founded in 1991 and is based in Belovo, Russia. Belon Joint Stock Company is the subsidiary of MMK-Mining Assets Management S.A.

Details
Name: Belon Joint Stock Company
BLNG
Exchange: MISX
Founded: 1991
RUB4,922,000,000
1,150,000,000
Website: http://www.belon.ru
Address: Belon Joint Stock Company
ul. 1 Teleut,
d. 27/2, room 1,
Belovo,
Kemerovskaya obl., 652607,
Russia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MISX BLNG Ordinary Shares Micex - Rts RU RUB 13. Sep 2006
Number of employees
Current staff
Staff numbers
0
Belon employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 21:27
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2018/08/29
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.