MISX:BLNG

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Belon's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BLNG is more volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BLNG's weekly volatility (4%) has been stable over the past year, but is still higher than 75% of Russian stocks.


Market Performance


7 Day Return

2.9%

BLNG

1.8%

RU Metals and Mining

0.8%

RU Market


1 Year Return

29.1%

BLNG

58.0%

RU Metals and Mining

-1.0%

RU Market

Return vs Industry: BLNG underperformed the Russian Metals and Mining industry which returned 57.6% over the past year.

Return vs Market: BLNG exceeded the Russian Market which returned -2.1% over the past year.


Shareholder returns

BLNGIndustryMarket
7 Day2.9%1.8%0.8%
30 Day21.2%2.6%14.9%
90 Day17.2%-0.04%6.0%
1 Year29.1%29.1%64.3%58.0%5.8%-1.0%
3 Year82.6%82.6%109.5%69.9%51.7%25.7%
5 Year32.7%32.7%303.4%194.4%120.9%68.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BLNG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BLNG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BLNG is unprofitable, so we can't compare its PE Ratio to the RU Metals and Mining industry average.

PE vs Market: BLNG is unprofitable, so we can't compare its PE Ratio to the Russian market.


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's PB Ratio (1.1x) is in line with the RU Metals and Mining industry average.


Next Steps

Future Growth

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

19.8%

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.


Next Steps

Past Performance

How has Belon performed over the past 5 years?

45.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLNG is currently unprofitable.

Growing Profit Margin: BLNG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BLNG is unprofitable, but has reduced losses over the past 5 years at a rate of 45.4% per year.

Accelerating Growth: Unable to compare BLNG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLNG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-14.2%).


Return on Equity

High ROE: BLNG has a negative Return on Equity (-3.18%), as it is currently unprofitable.


Next Steps

Financial Health

How is Belon's financial position?


Financial Position Analysis

Short Term Liabilities: BLNG's short term assets (RUB1.8B) exceed its short term liabilities (RUB1.3M).

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 84.8%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if BLNG has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BLNG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

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?

3.9yrs

Average board tenure


CEO

Vladimir Kharchenko (50 yo)

3.83yrs

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

NamePositionTenureCompensationOwnership
Vladimir Kharchenko
CEO & Director3.83yrsno datano data
Natalya Sokolova
Directorno datano datano data
Sergey Korol
Chairman of the Boardno datano datano data
Nikolay Zvyagin
Director0.92yrno datano data
Elena Sirova
Member of Audit Commission5.5yrsno datano data

3.9yrs

Average Tenure

50.5yo

Average Age

Experienced Board: BLNG's board of directors are considered experienced (3.9 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.


Top Shareholders

Company Information

Belon Joint Stock Company's company bio, 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: ₽5.925b
  • Shares outstanding: 1.15b
  • Website: https://www.belon.ru

Location

  • Belon Joint Stock Company
  • ul. 1 Teleut
  • d. 27/2, room 1
  • Belovo
  • Kemerovskaya obl.
  • 652607
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLNGMISX (Micex - Rts)YesOrdinary SharesRURUBSep 2006

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 18:06
End of Day Share Price2020/12/02 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.