MISX:IGSTP

Stock Analysis Report

Executive Summary

Izhstal PAO manufactures and sells steel and stainless long products in Russia.


Snowflake Analysis

Slightly overvalued with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: IGSTP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.7%

IGSTP

14.8%

RU Metals and Mining

1.4%

RU Market


1 Year Return

6.9%

IGSTP

15.7%

RU Metals and Mining

-6.0%

RU Market

Return vs Industry: IGSTP underperformed the Russian Metals and Mining industry which returned 19.7% over the past year.

Return vs Market: IGSTP exceeded the Russian Market which returned -2.4% over the past year.


Shareholder returns

IGSTPIndustryMarket
7 Day0.7%14.8%1.4%
30 Day-24.6%-1.3%-22.0%
90 Day-3.5%8.2%-22.5%
1 Year6.9%6.9%25.9%15.7%0.5%-6.0%
3 Year5.6%5.6%62.4%26.6%32.0%11.4%
5 Year83.9%83.9%246.2%147.2%86.4%45.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: IGSTP (RUB607) is trading below our estimate of fair value (RUB6384.12)

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


Price To Earnings Ratio

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

PE vs Market: IGSTP 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 IGSTP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IGSTP has negative assets, so we can't compare its PB Ratio to the RU Metals and Mining industry average.


Next Steps

Future Growth

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

10.3%

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 Izhstal PAO 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 Izhstal PAO performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IGSTP is currently unprofitable.

Growing Profit Margin: IGSTP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IGSTP is unprofitable, but has reduced losses over the past 5 years at a rate of 6.4% per year.

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

Earnings vs Industry: IGSTP is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (21.1%).


Return on Equity

High ROE: IGSTP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Izhstal PAO's financial position?


Financial Position Analysis

Short Term Liabilities: IGSTP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: IGSTP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: IGSTP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: IGSTP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: IGSTP has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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 IGSTP has enough cash runway based on its current free cash flow.

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


Next Steps

Dividend

What is Izhstal PAO's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

2.8yrs

Average board tenure


CEO

Valery Moiseev (69yo)

no data

Tenure

Valery V. Moiseev serves as Chief Executive Officer of Izhstal OAO and served as its Director.  


Board Members

NamePositionTenureCompensationOwnership
Andrey Laptev
Chief Specialist of Pricing & Member of the Audit Commissionno datano datano data
Aleksey Chekalkin
Head of Internal Control & Member of the Audit Commissionno datano datano data
Igor Khoroshiy
Chairmanno datano datano data
Yevgeniy Karavayev
Directorno datano datano data
Ekaterina Sapozhnikova
Member of the Audit Commissionno datano datano data
Vladislav Grogoriev
Directorno datano datano data
Maksim Zhirgalov
Director2.83yrsno datano data
Aleksandr Genberg
Director2.83yrsno datano data
Sergey Kozyonnov
Director2.83yrsno datano data
Mikhail Anyukhin
Director2.83yrsno datano data

2.8yrs

Average Tenure

Experienced Board: IGSTP's board of directors are not considered experienced ( 2.8 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

Izhstal PAO's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Izhstal PAO
  • Novoazhimova Street, 6
  • Izhevsk
  • Udmurtiya
  • 426006
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IGSTMISX (Micex - Rts)YesUsual SharesRURUBJan 2004
IGSTPMISX (Micex - Rts)PREF RUB1000(RUB)RURUBMar 2004

Biography

Izhstal PAO manufactures and sells steel and stainless long products in Russia. The company provides hot-rolled round and hexagon steel bars from stainless and alloy steel; and hot-rolled round, square, and hexagon bars. Its products are used in machine-building, making bearings, rigs, cutting instruments operating at high temperatures and cutting speeds, springs, medical equipment, consumer goods, etc. The company serves customers in aircraft, defense, automotive, agricultural, power, oil and gas, and construction industries. It also exports its products to North America, Europe, and the CIS countries. The company is based in Izhevsk, Russia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/27 23:24
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.