MISX:CHEP

Stock Analysis Report

Chelyabinsk Pipe-Rolling Plant

Executive Summary

Public Joint Stock Company Chelyabinsk Pipe-Rolling Plant produces and sells welded and seamless steel pipe products for fuel and energy industries in Russia.


Snowflake Analysis

Good value with proven track record.


Similar Companies

Share Price & News

How has Chelyabinsk Pipe-Rolling Plant's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CHEP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.9%

CHEP

-1.9%

RU Metals and Mining

7.5%

RU Market


1 Year Return

38.0%

CHEP

17.7%

RU Metals and Mining

0.3%

RU Market

Return vs Industry: CHEP exceeded the Russian Metals and Mining industry which returned 17.7% over the past year.

Return vs Market: CHEP exceeded the Russian Market which returned 0.3% over the past year.


Shareholder returns

CHEPIndustryMarket
7 Day6.9%-1.9%7.5%
30 Day-3.6%4.0%-5.2%
90 Day-1.7%6.4%-17.4%
1 Year61.2%38.0%28.2%17.7%7.2%0.3%
3 Year98.1%50.9%67.8%31.0%42.8%20.5%
5 Year545.1%391.5%271.4%166.0%101.3%57.4%

Price Volatility Vs. Market

How volatile is Chelyabinsk Pipe-Rolling Plant's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chelyabinsk Pipe-Rolling Plant undervalued compared to its fair value and its price relative to the market?

28.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CHEP (RUB201.5) is trading below our estimate of fair value (RUB280.03)

Significantly Below Fair Value: CHEP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CHEP is good value based on its PE Ratio (6.2x) compared to the Metals and Mining industry average (6.4x).

PE vs Market: CHEP is good value based on its PE Ratio (6.2x) compared to the Russian market (7.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CHEP is overvalued based on its PB Ratio (10.9x) compared to the RU Metals and Mining industry average (0.6x).


Next Steps

Future Growth

How is Chelyabinsk Pipe-Rolling Plant forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.1%

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 Chelyabinsk Pipe-Rolling Plant 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 Chelyabinsk Pipe-Rolling Plant performed over the past 5 years?

23.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHEP has a large one-off loss of RUB4.0B impacting its December 31 2019 financial results.

Growing Profit Margin: CHEP's current net profit margins (5.2%) are higher than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: CHEP has become profitable over the past 5 years, growing earnings by 23.6% per year.

Accelerating Growth: CHEP's earnings growth over the past year (27.1%) exceeds its 5-year average (23.6% per year).

Earnings vs Industry: CHEP earnings growth over the past year (27.1%) exceeded the Metals and Mining industry 24.5%.


Return on Equity

High ROE: Whilst CHEP's Return on Equity (173.19%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Chelyabinsk Pipe-Rolling Plant's financial position?


Financial Position Analysis

Short Term Liabilities: CHEP's short term assets (RUB81.0B) exceed its short term liabilities (RUB74.6B).

Long Term Liabilities: CHEP's short term assets (RUB81.0B) exceed its long term liabilities (RUB67.8B).


Debt to Equity History and Analysis

Debt Level: CHEP's debt to equity ratio (1487.5%) is considered high.

Reducing Debt: CHEP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: CHEP's debt is well covered by operating cash flow (21.8%).

Interest Coverage: CHEP's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet

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

Debt Coverage by Assets: CHEP's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

What is Chelyabinsk Pipe-Rolling Plant's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CHEP's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

5.8yrs

Average management tenure


CEO

Boris Kovalenkov (46yo)

no data

Tenure

Mr. Boris Kovalenkov is the Chief Executive Officer of Public Joint Stock Company Chelyabinsk Pipe - Rolling Plant and has been Director since May 2018. Mr. Kovalenkov has been Chairman of the Board at ZA ...


Leadership Team

NamePositionTenureCompensationOwnership
Boris Kovalenkov
CEO & Directorno datano datano data
Valeriy Borisov
Deputy General Director of Finances & Economics and Member of the Management Board5.25yrsno datano data
Denis Prikhodko
Director of Supply Chain Management and Member of the Management Board7.25yrsno datano data
Svetlena Kuzminykh
HR Director and Member of the Management Board6.25yrsno datano data
Aleksandr Isaykin
Member of the Management Board6.25yrsno datano data
Alina Gutkina
Deputy General Director of Organization Development and Member of the Management Board4.75yrsno datano data
Mikhail Ivanov
Deputy General Director4.75yrsno datano data
Anna Levitanskaya
Director of Strategic Communications and Member of the Management Board4.75yrsno datano data
S. Knysheva
Chief Accountantno datano datano data
Sergei Yankovsky
Deputy Chief Executive Officer of Legal & Corporate Affairs10.25yrsno datano data

5.8yrs

Average Tenure

49.5yo

Average Age

Experienced Management: CHEP's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Boris Kovalenkov
CEO & Directorno datano datano data
Dina Mikryukova
Economic Control & Strategy Director and Director3.83yrsno datano data
Alexander Fedorov
Directorno datano data0.045% RUB27.5m
Andrey Komarov
Chairman of the Boardno datano data77.26% RUB47.6b
Regina von Flemming
Independent Director0.17yrno datano data
Douglas Gardner
Independent Director0.17yrno datano data
Vadim Makhov
Independent Director0.17yrno datano data

0.2yrs

Average Tenure

53yo

Average Age

Experienced Board: CHEP's board of directors are not considered experienced ( 0.2 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

Public Joint Stock Company "Chelyabinsk Pipe-Rolling Plant"'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company "Chelyabinsk Pipe-Rolling Plant"
  • Ticker: CHEP
  • Exchange: MISX
  • Founded: 1942
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₽61.598b
  • Shares outstanding: 305.70m
  • Website: https://www.chelpipe.ru

Location

  • Public Joint Stock Company "Chelyabinsk Pipe-Rolling Plant"
  • AT Building
  • 5 Lesnaya street
  • Moscow
  • 125047
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHEPMISX (Micex - Rts)YesUsual SharesRURUBJan 1996

Biography

Public Joint Stock Company Chelyabinsk Pipe-Rolling Plant produces and sells welded and seamless steel pipe products for fuel and energy industries in Russia. It offers pipes, pipe fittings, shut-off and control valves, drilling equipment, equipment for mechanized mining, specialized machines, balloons, and spare parts. The company also engages in the provision of oilfield services; scrap metal procurement and processing; and production of trunk equipment. In addition, it exports its products to the European Union, the Commonwealth of Independent States, North America, the Middle East, and North Africa. The company was founded in 1942 and is based in Moscow, Russia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/06 22:51
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
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.