MISX:KAZT

Stock Analysis Report

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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. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

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

-2.3%

KAZT

-2.0%

RU Chemicals

-1.8%

RU Market


1 Year Return

2.9%

KAZT

0.3%

RU Chemicals

-10.9%

RU Market

Return vs Industry: KAZT exceeded the Russian Chemicals industry which returned 1.1% over the past year.

Return vs Market: KAZT exceeded the Russian Market which returned -9.4% over the past year.


Shareholder returns

KAZTIndustryMarket
7 Day-2.3%-2.0%-1.8%
30 Day-7.4%-1.8%-4.5%
90 Day-2.3%0.003%-5.5%
1 Year3.6%2.9%6.7%0.3%-4.8%-10.9%
3 Year81.6%63.6%49.7%26.0%41.5%17.7%
5 Year119.1%79.7%70.4%32.1%96.6%50.2%

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

Valuation

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

10.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KAZT (RUB147.2) is trading above our estimate of fair value (RUB62.81)

Significantly Below Fair Value: KAZT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: KAZT is good value based on its PE Ratio (10.4x) compared to the RU Chemicals industry average (11x).

PE vs Market: KAZT is poor value based on its PE Ratio (10.4x) compared to the Russian market (9.9x).


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 (1.2x).


Next Steps

Future Growth

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

19.1%

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 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

Past Performance

How has KuibyshevAzot performed over the past 5 years?

18.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KAZT has a large one-off loss of RUB2.3B impacting its December 31 2019 financial results.

Growing Profit Margin: KAZT's current net profit margins (4.4%) are lower than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: KAZT's earnings have grown by 18.2% per year over the past 5 years.

Accelerating Growth: KAZT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KAZT had negative earnings growth (-65.8%) over the past year, making it difficult to compare to the Chemicals industry average (-52%).


Return on Equity

High ROE: KAZT's Return on Equity (7.9%) is considered low.


Next Steps

Financial Health

How is KuibyshevAzot's financial position?


Financial Position Analysis

Short Term Liabilities: KAZT's short term assets (RUB14.6B) exceed its short term liabilities (RUB9.1B).

Long Term Liabilities: KAZT's short term assets (RUB14.6B) do not cover its long term liabilities (RUB24.6B).


Debt to Equity History and Analysis

Debt Level: KAZT's debt to equity ratio (77%) is considered high.

Reducing Debt: KAZT's debt to equity ratio has reduced from 104.5% to 77% over the past 5 years.

Debt Coverage: KAZT's debt is not well covered by operating cash flow (10.4%).

Interest Coverage: KAZT's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


Next Steps

Dividend

What is KuibyshevAzot current dividend yield, its reliability and sustainability?

4.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KAZT's dividend (4.76%) is higher than the bottom 25% of dividend payers in the Russian market (3.92%).

High Dividend: KAZT's dividend (4.76%) is low compared to the top 25% of dividend payers in the Russian market (8.87%).


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 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.2%), KAZT's dividend payments are well 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?

27.8yrs

Average board tenure


CEO

Alexandr Gerasimenko

no data

Tenure

Mr. Alexander V. Gerasimenko has been a General Director of Public Joint Stock Company KuibyshevAzot (formerly known as KuibyshevAzot Joint Stock Company) since April 2015. Mr. Gerasimenko served as the He ...


Board Members

NamePositionTenureCompensationOwnership
Dmitriy Rybkin
Marketing Director and Directorno datano data0.37%
RUB 97.2m
Konstantin Rachin
Human Resources Director & Director27.75yrsno data0.16%
RUB 42.4m
Sergey Ardamakov
Head of Caprolactam Production Complex & Director27.75yrsno data0.34%
RUB 88.9m
Sergey Bobrovskiy
Head of Corporate Relations Department & Director27.75yrsno data1.33%
RUB 348.8m
Kashif Nurov
Deputy Chief Engineer of Industrial & Ecological Safety and Director27.75yrsno data0.51%
RUB 133.4m
Sergey Anikushin
Chief Engineer & Directorno datano data0.16%
RUB 43.1m
Andrey Bylinin
Commercial Director & Director13.75yrsno data0.56%
RUB 147.2m
Victor Kudriavtsev
Project Director & Director18.75yrsno data0.33%
RUB 86.5m
Anatoliy Ogarkov
Advisor & Directorno datano data3.06%
RUB 799.4m
Vasiliy Buchinev
Adviser and Directorno datano datano data
Ludmila Kudasheva
Advisor & Directorno datano data2.81%
RUB 734.6m
Victor Gerasimenko
Chairman of the Boardno datano data4.17%
RUB 1.1b

27.8yrs

Average Tenure

70.5yo

Average Age

Experienced Board: KAZT's board of directors are seasoned and experienced ( 27.8 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: ₽26.159b
  • Shares outstanding: 177.68m
  • Website: https://www.kuazot.ru

Location

  • Public Joint Stock Company KuibyshevAzot
  • 6, Novozavodskaya Street
  • Togliatti
  • Samarskaya obl.
  • 445007
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KAZTMISX (Micex - Rts)YesOrdinary SharesRURUBJun 2009
KAZTPMISX (Micex - Rts)Preference SharesRURUBDec 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 c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:25
End of Day Share Price2020/10/21 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.