Loading...

Korshynov Mining Plant

MISX:KOGK
Snowflake Description

Excellent balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KOGK
MISX
RUB13B
Market Cap
  1. Home
  2. RU
  3. Materials
Company description

Korshynov Mining Plant Public Joint Stock Company produces and dresses iron ore. The last earnings update was 63 days ago. More info.


Add to Portfolio Compare Print
KOGK Share Price and Events
7 Day Returns
0%
MISX:KOGK
-0.1%
RU Metals and Mining
0.4%
RU Market
1 Year Returns
-40.3%
MISX:KOGK
-0.9%
RU Metals and Mining
8.3%
RU Market
KOGK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Korshynov Mining Plant (KOGK) 0% 3.1% 0% -40.3% 31.6% 8.7%
RU Metals and Mining -0.1% 0.2% -2.7% -0.9% 40.6% 201.9%
RU Market 0.4% 3% 3.2% 8.3% 33.5% 97.8%
1 Year Return vs Industry and Market
  • KOGK underperformed the Metals and Mining industry which returned -0.9% over the past year.
  • KOGK underperformed the Market in Russian Federation which returned 8.3% over the past year.
Price Volatility
KOGK
Industry
5yr Volatility vs Market

KOGK Value

 Is Korshynov Mining Plant undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Korshynov Mining Plant to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Korshynov Mining Plant.

MISX:KOGK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 18.8%
Perpetual Growth Rate 10-Year RU Government Bond Rate 8.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for MISX:KOGK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year RU Govt Bond Rate 8.4%
Equity Risk Premium S&P Global 9.4%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.132 (1 + (1- 20%) (1.42%))
1.097
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.44% + (1.097 * 9.43%)
18.78%

Discounted Cash Flow Calculation for MISX:KOGK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Korshynov Mining Plant is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

MISX:KOGK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (RUB, Millions) Source Present Value
Discounted (@ 18.78%)
2019 1,772.54 Est @ 64.88% 1,492.23
2020 2,622.43 Est @ 47.95% 1,858.58
2021 3,569.00 Est @ 36.1% 2,129.43
2022 4,561.14 Est @ 27.8% 2,291.02
2023 5,564.18 Est @ 21.99% 2,352.86
2024 6,561.61 Est @ 17.93% 2,335.84
2025 7,551.10 Est @ 15.08% 2,262.99
2026 8,539.39 Est @ 13.09% 2,154.46
2027 9,537.95 Est @ 11.69% 2,025.84
2028 10,560.18 Est @ 10.72% 1,888.25
Present value of next 10 years cash flows RUB20,791.49
MISX:KOGK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= RUB10,560.18 × (1 + 8.44%) ÷ (18.78% – 8.44%)
RUB110,696.99
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= RUB110,696.99 ÷ (1 + 18.78%)10
RUB19,793.58
MISX:KOGK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= RUB20,791.49 + RUB19,793.58
RUB40,585.08
Equity Value per Share
(RUB)
= Total value / Shares Outstanding
= RUB40,585.08 / 0.25
RUB162258.53
MISX:KOGK Discount to Share Price
Calculation Result
Value per share (RUB) From above. RUB162,258.53
Current discount Discount to share price of RUB50,000.00
= -1 x (RUB50,000.00 - RUB162,258.53) / RUB162,258.53
69.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Korshynov Mining Plant is available for.
Intrinsic value
>50%
Share price is RUB50000 vs Future cash flow value of RUB162258.53
Current Discount Checks
For Korshynov Mining Plant to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Korshynov Mining Plant's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Korshynov Mining Plant's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Korshynov Mining Plant's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Korshynov Mining Plant's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MISX:KOGK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in RUB RUB9,305.92
MISX:KOGK Share Price ** MISX (2019-04-25) in RUB RUB50000
Russian Federation Metals and Mining Industry PE Ratio Median Figure of 19 Publicly-Listed Metals and Mining Companies 4.54x
Russian Federation Market PE Ratio Median Figure of 129 Publicly-Listed Companies 7.35x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Korshynov Mining Plant.

MISX:KOGK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MISX:KOGK Share Price ÷ EPS (both in RUB)

= 50000 ÷ 9,305.92

5.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Korshynov Mining Plant is overvalued based on earnings compared to the RU Metals and Mining industry average.
  • Korshynov Mining Plant is good value based on earnings compared to the Russian Federation market.
Price based on expected Growth
Does Korshynov Mining Plant's expected growth come at a high price?
Raw Data
MISX:KOGK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
13.3%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 62 Publicly-Listed Metals and Mining Companies 0.69x
Russian Federation Market PEG Ratio Median Figure of 33 Publicly-Listed Companies 0.68x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Korshynov Mining Plant, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Korshynov Mining Plant's assets?
Raw Data
MISX:KOGK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in RUB RUB143,988.30
MISX:KOGK Share Price * MISX (2019-04-25) in RUB RUB50000
Russian Federation Metals and Mining Industry PB Ratio Median Figure of 20 Publicly-Listed Metals and Mining Companies 0.41x
Russian Federation Market PB Ratio Median Figure of 149 Publicly-Listed Companies 0.81x
MISX:KOGK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MISX:KOGK Share Price ÷ Book Value per Share (both in RUB)

= 50000 ÷ 143,988.30

0.35x

* Primary Listing of Korshynov Mining Plant.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Korshynov Mining Plant is good value based on assets compared to the RU Metals and Mining industry average.
X
Value checks
We assess Korshynov Mining Plant's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Korshynov Mining Plant has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KOGK Future Performance

 How is Korshynov Mining Plant expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Korshynov Mining Plant, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Korshynov Mining Plant expected to grow at an attractive rate?
  • Korshynov Mining Plant's earnings growth is expected to exceed the low risk savings rate of 8.4%.
Growth vs Market Checks
  • Korshynov Mining Plant's earnings growth is expected to exceed the Russian Federation market average.
  • Unable to compare Korshynov Mining Plant's revenue growth to the Russian Federation market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MISX:KOGK Future Growth Rates Data Sources
Data Point Source Value (per year)
MISX:KOGK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13.3%
Russian Federation Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average -1.9%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Russian Federation Market Earnings Growth Rate Market Cap Weighted Average 3.6%
Russian Federation Market Revenue Growth Rate Market Cap Weighted Average 4.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MISX:KOGK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in RUB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MISX:KOGK Past Financials Data
Date (Data in RUB Millions) Revenue Cash Flow Net Income *
2018-12-31 9,989 1,168 2,328
2018-09-30 8,542 1,806
2018-06-30 8,300 1,796
2018-03-31 9,693 3,156
2017-12-31 11,492 420 4,718
2017-09-30 11,970 5,154
2017-06-30 11,870 5,196
2017-03-31 10,392 4,071
2016-12-31 8,782 240 2,464
2016-09-30 8,504 1,856
2016-06-30 8,105 1,364
2016-03-31 7,181 593

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Korshynov Mining Plant's earnings are expected to grow by 13.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Korshynov Mining Plant is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MISX:KOGK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Korshynov Mining Plant Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:KOGK Past Financials Data
Date (Data in RUB Millions) EPS *
2018-12-31 9,305.92
2018-09-30 7,223.34
2018-06-30 7,181.11
2018-03-31 12,632.49
2017-12-31 18,862.70
2017-09-30 20,611.82
2017-06-30 20,764.39
2017-03-31 16,299.99
2016-12-31 9,849.31
2016-09-30 7,422.73
2016-06-30 5,448.13
2016-03-31 2,368.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Korshynov Mining Plant will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Korshynov Mining Plant's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Russian Federation market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Korshynov Mining Plant has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KOGK Past Performance

  How has Korshynov Mining Plant performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Korshynov Mining Plant's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Korshynov Mining Plant's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Korshynov Mining Plant's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Korshynov Mining Plant's 1-year earnings growth is negative, it can't be compared to the RU Metals and Mining industry average.
Earnings and Revenue History
Korshynov Mining Plant's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Korshynov Mining Plant Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:KOGK Past Revenue, Cash Flow and Net Income Data
Date (Data in RUB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 9,989.35 2,327.65 3,025.17
2018-09-30 8,541.59 1,805.74 2,706.71
2018-06-30 8,300.05 1,795.59 2,711.90
2018-03-31 9,693.23 3,156.15 2,920.91
2017-12-31 11,492.34 4,718.05 3,128.67
2017-09-30 11,969.82 5,154.01 3,171.10
2017-06-30 11,869.79 5,196.31 3,123.54
2017-03-31 10,392.02 4,071.04 2,900.17
2016-12-31 8,782.22 2,463.57 2,801.57
2016-09-30 8,503.86 1,855.70 2,832.47
2016-06-30 8,105.22 1,363.73 2,755.49
2016-03-31 7,181.02 593.02 2,687.72
2015-12-31 7,784.01 1,015.58 2,842.80
2015-09-30 7,535.33 2,311.14 2,732.37
2015-06-30 7,117.40 1,383.92 2,625.49
2015-03-31 8,784.81 1,786.92 2,852.80
2014-12-31 9,688.85 2,660.00 2,859.73
2014-09-30 11,624.52 1,695.42 3,603.14
2014-06-30 13,863.57 3,012.58 4,166.30
2014-03-31 14,131.33 3,342.76 4,448.08
2013-12-31 14,586.50 2,667.32 4,710.45
2013-09-30 14,193.30 2,273.70 4,583.97
2013-06-30 13,040.36 1,847.42 4,088.10
2013-03-31 12,361.13 2,096.78 3,091.42
2012-12-31 11,349.53 1,920.62 2,181.10
2012-09-30 11,209.06 3,197.69 1,110.33
2012-06-30 11,688.73 4,185.02 634.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Korshynov Mining Plant has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Korshynov Mining Plant used its assets less efficiently than the RU Metals and Mining industry average last year based on Return on Assets.
  • Korshynov Mining Plant has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Korshynov Mining Plant's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Korshynov Mining Plant has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KOGK Health

 How is Korshynov Mining Plant's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Korshynov Mining Plant's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Korshynov Mining Plant is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Korshynov Mining Plant's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Korshynov Mining Plant's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 78.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Korshynov Mining Plant Company Filings, last reported 3 months ago.

MISX:KOGK Past Debt and Equity Data
Date (Data in RUB Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 36,015.22 177.13 670.13
2018-09-30 35,152.10 52.02 340.58
2018-06-30 34,332.60 53.27 341.07
2018-03-31 33,882.70 18.15 9.92
2017-12-31 33,687.57 28.90 0.15
2017-09-30 34,685.41 43.02 1,191.31
2017-06-30 33,866.41 48.82 2,280.66
2017-03-31 32,057.44 56.73 1,908.33
2016-12-31 30,275.18 66.54 3,222.22
2016-09-30 29,461.49 78.68 3,494.19
2016-06-30 28,609.84 92.89 10,883.22
2016-03-31 27,926.19 111.16 12,601.25
2015-12-31 27,757.60 128.29 16,588.74
2015-09-30 27,539.76 150.04 19,254.79
2015-06-30 27,180.08 171.42 19,596.51
2015-03-31 27,267.14 194.01 18,706.37
2014-12-31 26,675.98 220.41 10,758.67
2014-09-30 25,118.88 246.54 4,484.06
2014-06-30 25,686.43 52.56 3,102.23
2014-03-31 25,356.78 67.59 6,871.89
2013-12-31 23,892.54 101.90 10,308.21
2013-09-30 23,442.34 42.21 12,438.31
2013-06-30 22,692.72 49.65 14,823.74
2013-03-31 22,046.61 57.08 15,698.49
2012-12-31 21,256.68 236.25 11,771.92
2012-09-30 20,902.90 200.80 12,135.77
2012-06-30 20,577.77 240.49 13,736.34
  • Korshynov Mining Plant's level of debt (0.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.4% vs 0.5% today).
  • Debt is well covered by operating cash flow (659.6%, greater than 20% of total debt).
  • Korshynov Mining Plant earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Korshynov Mining Plant's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Korshynov Mining Plant has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KOGK Dividends

 What is Korshynov Mining Plant's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Korshynov Mining Plant dividends.
If you bought RUB2,000 of Korshynov Mining Plant shares you are expected to receive RUB0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Korshynov Mining Plant's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Korshynov Mining Plant's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MISX:KOGK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 65 Stocks 5.8%
Russian Federation Market Average Dividend Yield Market Cap Weighted Average of 75 Stocks 6.8%
Russian Federation Minimum Threshold Dividend Yield 10th Percentile 1.7%
Russian Federation Bottom 25% Dividend Yield 25th Percentile 3.3%
Russian Federation Top 25% Dividend Yield 75th Percentile 9.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

MISX:KOGK Past Annualized Dividends Data
Date (Data in RUB) Dividend per share (annual) Avg. Yield (%)
2010-02-10 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Korshynov Mining Plant has not reported any payouts.
  • Unable to verify if Korshynov Mining Plant's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Korshynov Mining Plant's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Korshynov Mining Plant has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Korshynov Mining Plant's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Korshynov Mining Plant afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Korshynov Mining Plant has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KOGK Management

 What is the CEO of Korshynov Mining Plant's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Korshynov Mining Plant has no CEO, or we have no data on them.
Management Team Tenure

Average tenure of the Korshynov Mining Plant management team in years:

7.3
Average Tenure
  • The average tenure for the Korshynov Mining Plant management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Mikhail Mazhukin

TITLE
Managing Director
TENURE
1.5 yrs

Marya Melnik

TITLE
Finance Director
TENURE
9.1 yrs

Yevgenia Serova

TITLE
Chief Legal Officer and Member of Management Board
TENURE
7.8 yrs

Vladimir Tytsky

TITLE
Member of The Management Board
AGE
68
TENURE
3.3 yrs

Tatiana Ivanova

TITLE
Chief Accountant
TENURE
6.8 yrs

S. Chernykh

TITLE
Director for Human Resources
TENURE
9.2 yrs

Ksenia Nikolaeva

TITLE
Head of Business Support Services Corporate Security

N. Lobanova

TITLE
Head of Financial Department and Member of the Audit Commission
TENURE
5.1 yrs

A. Khrostovskiy

TITLE
Chief Engineer
TENURE
9 yrs

Alexey Misyutkin

TITLE
Chief Engineer in Rail Road Transportation Department
Board of Directors Tenure

Average tenure and age of the Korshynov Mining Plant board of directors in years:

4.8
Average Tenure
59
Average Age
  • The tenure for the Korshynov Mining Plant board of directors is about average.
Board of Directors

Boris Sedelnikov

TITLE
Chairman of the Board
AGE
59
TENURE
6.9 yrs

N. Lobanova

TITLE
Head of Financial Department and Member of the Audit Commission
TENURE
4.8 yrs

Svetlana Ankudinova

TITLE
Head of Controlling & Auditing Services and Member of the Audit Commission

Natalya Isakova

TITLE
First Deputy Chief Accountant and Member of Audit Commission

Dmitry Nastenko

TITLE
Director
TENURE
4.8 yrs

Vladimir Dronov

TITLE
Director
AGE
64

Pavel Shtark

TITLE
Member of the Board of Director
AGE
49
TENURE
4.8 yrs

Silaeva Alexandrovna

TITLE
Member of the Board of Director
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (RUB) Value (RUB)
X
Management checks
We assess Korshynov Mining Plant's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Korshynov Mining Plant has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KOGK News

Simply Wall St News

Should You Worry About Korshynov Mining Plant Public Joint Stock Company’s (MCX:KOGK) ROCE?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Don't Sell Korshynov Mining Plant Public Joint Stock Company (MCX:KOGK) Before You Read This

To keep it practical, we'll show how Korshynov Mining Plant Public Joint Stock Company's (MCX:KOGK) P/E ratio could help you assess the value on offer. … Korshynov Mining Plant has a price to earnings ratio of 6.85, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is Korshynov Mining Plant Public Joint Stock Company's (MCX:KOGK) High P/E Ratio A Problem For Investors?

We'll look at Korshynov Mining Plant Public Joint Stock Company's (MCX:KOGK) P/E ratio and reflect on what it tells us about the company's share price. … Korshynov Mining Plant has a price to earnings ratio of 6.92, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Should You Be Tempted To Sell Korshynov Mining Plant Public Joint Stock Company (MCX:KOGK) Because Of Its PE Ratio?

and want to begin learning the link between Korshynov Mining Plant Public Joint Stock Company (MCX:KOGK)’s fundamentals and stock market performance. … Korshynov Mining Plant Public Joint Stock Company (MCX:KOGK) is trading with a trailing P/E of 6.7x, which is higher than the industry average of 6.5x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind

Simply Wall St -

Who Are The Top Investors In Korshynov Mining Plant Public Joint Stock Company (MCX:KOGK)?

In this analysis, my focus will be on developing a perspective on Korshynov Mining Plant Public Joint Stock Company’s (MISX:KOGK) latest ownership structure, a less discussed, but important factor. … KOGK hardly has any institutional ownership, leaving investors little to think about sharp price volatility in the stock that could take place due to institutional trading. … Private Company Ownership Another important group of owners for potential investors in KOGK are private companies that hold a stake of 5.03% in KOGK.

Simply Wall St -

One Thing To Consider Before Buying Korshynov Mining Plant Public Joint Stock Company (MCX:KOGK)

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Check out our latest analysis for Korshynov Mining Plant An interpretation of KOGK's beta Korshynov Mining Plant’s beta of 0.25 indicates that the company is less volatile relative to the diversified market portfolio. … KOGK's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.

Simply Wall St -

What You Must Know About Korshynov Mining Plant Public Joint Stock Company's (MCX:KOGK) 13.48% ROE

Check out our latest analysis for Korshynov Mining Plant Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Korshynov Mining Plant’s profit against the level of its shareholders’ equity. … For now, let’s just look at the cost of equity number for Korshynov Mining Plant, which is 13.41%. … Some of Korshynov Mining Plant’s peers may have a higher ROE but its cost of equity could exceed this return, leading to an unsustainable negative discrepancy i.e.

Simply Wall St -

Is Korshynov Mining Plant Public Joint Stock Company (MCX:KOGK) A Buy At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for KOGK Price per share = RUB91700 Earnings per share = RUB18862.701 ∴ Price-Earnings Ratio = RUB91700 ÷ RUB18862.701 = 4.9x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Ideally, we want to compare the stock’s P/E ratio to the average of companies that have similar characteristics as KOGK, such as size and country of operation. … For example, if you are inadvertently comparing lower risk firms with KOGK, then KOGK’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price.

Simply Wall St -

How Does Korshynov Mining Plant Public Joint Stock Company's (MCX:KOGK) Earnings Growth Stack Up Against Industry Performance?

In this commentary, I will examine Korshynov Mining Plant Public Joint Stock Company's (MISX:KOGK) latest earnings update (31 December 2017) and compare these figures against its performance over the past couple of years, as well as how the rest of the metals and mining industry performed. … See our latest analysis for Korshynov Mining Plant How KOGK fared against its long-term earnings performance and its industry I look at data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Since these figures are fairly myopic, I’ve determined an annualized five-year value for KOGK's earnings, which stands at RUРУБ2.96B This shows that, on average, Korshynov Mining Plant has been able to consistently raise its earnings over the past couple of years as well.

Simply Wall St -

KOGK Company Info

Description

Korshynov Mining Plant Public Joint Stock Company produces and dresses iron ore. The company operates the Korshunov and the Rudnogorsk quarries. It serves steelmakers in Russia, China, and internationally. Korshynov Mining Plant Public Joint Stock Company is based in Zheleznogorsk-Ilimsky, Russia.

Details
Name: Korshynov Mining Plant Public Joint Stock Company
KOGK
Exchange: MISX
Founded:
RUB12,506,300,000
250,126
Website: http://www.mechel.com/sector/mining/korshunovskij_gok
Address: Korshynov Mining Plant Public Joint Stock Company
Ivashchenko Street, 9A/1,
Zheleznogorsk-Ilimsky,
Irkutskaya obl., 665651,
Russia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MISX KOGK Ordinary Shares Micex - Rts RU RUB 22. Jan 2007
Number of employees
Current staff
Staff numbers
0
Korshynov Mining Plant employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 21:38
End of day share price update: 2019/04/25 00:00
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.