Executive Summary
Public Joint Stock Company KuibyshevAzot, together with its subsidiaries, engages in the manufacture, distribution, and sale of various chemicals in Russia, Asia, rest of Europe, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet.
Share Price & News
How has KuibyshevAzot's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KAZT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
9.6%
KAZT
1.7%
RU Chemicals
1.4%
RU Market
1 Year Return
27.6%
KAZT
7.8%
RU Chemicals
-6.0%
RU Market
Return vs Industry: KAZT exceeded the Russian Chemicals industry which returned 10.7% over the past year.
Return vs Market: KAZT exceeded the Russian Market which returned -2.4% over the past year.
Shareholder returns
| KAZT | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.6% | 1.7% | 1.4% |
| 30 Day | -10.0% | -2.6% | -22.0% |
| 90 Day | 1.4% | 0.3% | -22.5% |
| 1 Year | 34.2%27.6% | 18.3%7.8% | 0.5%-6.0% |
| 3 Year | 88.9%66.1% | 40.3%19.7% | 32.0%11.4% |
| 5 Year | 129.2%81.7% | 94.2%54.2% | 86.4%45.5% |
Price Volatility Vs. Market
How volatile is KuibyshevAzot's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Estimating The Fair Value Of Public Joint Stock Company KuibyshevAzot (MCX:KAZT)3 weeks ago | Simply Wall St
KuibyshevAzot (MCX:KAZT) Shareholders Have Enjoyed An Impressive 108% Share Price GainValuation
Is KuibyshevAzot undervalued compared to its fair value and its price relative to the market?
4.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KAZT (RUB149) is trading below our estimate of fair value (RUB155.42)
Significantly Below Fair Value: KAZT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: KAZT is good value based on its PE Ratio (3.9x) compared to the Chemicals industry average (4.9x).
PE vs Market: KAZT is good value based on its PE Ratio (3.9x) compared to the Russian market (7.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KAZT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KAZT is good value based on its PB Ratio (0.8x) compared to the RU Chemicals industry average (1.4x).
Next Steps
Future Growth
How is KuibyshevAzot forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.3%
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 KuibyshevAzot 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
- Examine whether KuibyshevAzot is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- KuibyshevAzot competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has KuibyshevAzot performed over the past 5 years?
25.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KAZT has high quality earnings.
Growing Profit Margin: KAZT's current net profit margins (10.7%) are lower than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: KAZT's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: KAZT's earnings growth over the past year (10.8%) is below its 5-year average (25.8% per year).
Earnings vs Industry: KAZT earnings growth over the past year (10.8%) underperformed the Chemicals industry 52.1%.
Return on Equity
High ROE: KAZT's Return on Equity (19.5%) is considered low.
Next Steps
Financial Health
How is KuibyshevAzot's financial position?
Financial Position Analysis
Short Term Liabilities: KAZT's short term assets (RUB19.4B) exceed its short term liabilities (RUB10.9B).
Long Term Liabilities: KAZT's short term assets (RUB19.4B) do not cover its long term liabilities (RUB27.4B).
Debt to Equity History and Analysis
Debt Level: KAZT's debt to equity ratio (91.1%) is considered high.
Reducing Debt: KAZT's debt to equity ratio has reduced from 93.5% to 91.1% over the past 5 years.
Debt Coverage: KAZT's debt is well covered by operating cash flow (35.2%).
Interest Coverage: KAZT's interest payments on its debt are well covered by EBIT (63.3x coverage).
Balance Sheet
Inventory Level: KAZT has a high level of physical assets or inventory.
Debt Coverage by Assets: KAZT's debt is not covered by short term assets (assets are 0.6x debt).
Next Steps
Dividend
What is KuibyshevAzot's current dividend yield, its reliability and sustainability?
4.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KAZT's dividend (4.7%) is higher than the bottom 25% of dividend payers in the Russian market (4.04%).
High Dividend: KAZT's dividend (4.7%) is low compared to the top 25% of dividend payers in the Russian market (9.97%).
Stability and Growth of Payments
Stable Dividend: KAZT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KAZT's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.1%), KAZT's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
27.2yrs
Average board tenure
CEO
KuibyshevAzot has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Marketing Director and Director | no data | no data | 0.38% RUB101.0m | |
| Human Resources Director & Director | 27.17yrs | no data | 0.16% RUB42.7m | |
| Head of Caprolactam Production Complex & Director | 27.17yrs | no data | 0.34% RUB89.6m | |
| Head of Corporate Relations Department & Director | 27.17yrs | no data | 1.33% RUB351.3m | |
| Deputy Chief Engineer of Industrial & Ecological Safety and Director | 27.17yrs | no data | 0.51% RUB134.4m | |
| Chief Engineer & Director | no data | no data | 0.16% RUB43.4m | |
| Commercial Director & Director | 13.17yrs | no data | 0.56% RUB148.3m | |
| Project Director & Director | 18.17yrs | no data | 0.33% RUB87.2m | |
| Advisor & Director | no data | no data | 3.04% RUB805.2m | |
| Chairman of the Board | no data | no data | 4.05% RUB1.1b |
27.2yrs
Average Tenure
67.5yo
Average Age
Experienced Board: KAZT's board of directors are seasoned and experienced ( 27.2 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
Public Joint Stock Company KuibyshevAzot's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Public Joint Stock Company KuibyshevAzot
- Ticker: KAZT
- Exchange: MISX
- Founded: 1961
- Industry: Diversified Chemicals
- Sector: Materials
- Market Cap: ₽26.471b
- Shares outstanding: 177.68m
- Website: https://www.kuazot.ru
Location
- Public Joint Stock Company KuibyshevAzot
- 6, Novozavodskaya Street
- Togliatti
- Samarskaya obl.
- 445007
- Russia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KAZT | MISX (Micex - Rts) | Yes | Ordinary Shares | RU | RUB | Jun 2009 |
| KAZTP | MISX (Micex - Rts) | Preference Shares | RU | RUB | Dec 2011 |
Biography
Public Joint Stock Company KuibyshevAzot, together with its subsidiaries, engages in the manufacture, distribution, and sale of various chemicals in Russia, Asia, rest of Europe, and internationally. The company operates through Caprolactam and Derivatives, and Ammonia and Nitrogen Fertilizers segments. It offers anhydrous ammonia, ammonium nitrate, urea, ammonium sulphate, and UAN, capolactam, polyamide 6 chips, engineering plastics, polyamide 6 recylced. The company also provides industrial yarn and cord fabrics, cyclohexanone, and cyclohexane chemical substances. The company is also involved in the transportation of goods; trade of construction materials; sale of electric power; production of engineering plastics and synthetic fibers; and the provision of rental services. The company was formerly known as KuibyshevAzot Joint Stock Company and changed its name to Public Joint Stock Company KuibyshevAzot in November 2016. Public Joint Stock Company KuibyshevAzot was founded in 1961 and is based in Togliatti, Russia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/27 22:31 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.