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KOGK

Korshynov Mining PlantMISX:KOGK Stock Report

Market Cap

₽12.8b

7D

-1.9%

1Y

11.8%

Updated

06 Dec, 2021

Data

Company Financials
KOGK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

KOGK Stock Overview

Korshynov Mining Plant Public Joint Stock Company engages in the mining of iron ore in Russia.

Rewards

Trading at 85.8% below our estimate of its fair value

Earnings have grown 9.5% per year over the past 5 years

Risk Analysis

No risks detected for KOGK from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Korshynov Mining Plant
Historical stock prices
Current Share Price₽51,000.00
52 Week High₽68,000.00
52 Week Low₽45,400.00
Beta0.56
1 Month Change-1.54%
3 Month Change-6.93%
1 Year Change11.84%
3 Year Change4.08%
5 Year Change-10.21%
Change since IPO-11.30%

Recent News & Updates

May 10
Korshynov Mining Plant (MCX:KOGK) Is Looking To Continue Growing Its Returns On Capital

Korshynov Mining Plant (MCX:KOGK) Is Looking To Continue Growing Its Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Mar 16
Korshynov Mining Plant's (MCX:KOGK) Stock Price Has Reduced 49% In The Past Three Years

Korshynov Mining Plant's (MCX:KOGK) Stock Price Has Reduced 49% In The Past Three Years

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

Feb 08
Can Korshynov Mining Plant (MCX:KOGK) Continue To Grow Its Returns On Capital?

Can Korshynov Mining Plant (MCX:KOGK) Continue To Grow Its Returns On Capital?

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...

Shareholder Returns

KOGKRU Metals and MiningRU Market
7D-1.9%-2.2%-0.8%
1Y11.8%19.2%26.9%

Return vs Industry: KOGK underperformed the Russian Metals and Mining industry which returned 24.6% over the past year.

Return vs Market: KOGK underperformed the Russian Market which returned 30% over the past year.

Price Volatility

Is KOGK's price volatile compared to industry and market?
KOGK volatility
KOGK Average Weekly Movement5.0%
Metals and Mining Industry Average Movement5.8%
Market Average Movement4.9%
10% most volatile stocks in RU Market10.9%
10% least volatile stocks in RU Market2.4%

Stable Share Price: KOGK is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: KOGK's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19552,826n/ahttps://www.mechel.com/sector/mining/korshunovskij_gok

Korshynov Mining Plant Public Joint Stock Company engages in the mining of iron ore in Russia. It operates Korshunovsky open pit, Rudnogorsky open pit, and Korshunovsky concentrating plant. The company was founded in 1955 and is based in Zheleznogorsk, Russia.

Korshynov Mining Plant Fundamentals Summary

How do Korshynov Mining Plant's earnings and revenue compare to its market cap?
KOGK fundamental statistics
Market Cap₽12.76b
Earnings (TTM)₽5.95b
Revenue (TTM)₽15.97b

2.1x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KOGK income statement (TTM)
Revenue₽15.97b
Cost of Revenue₽7.22b
Gross Profit₽8.75b
Expenses₽2.79b
Earnings₽5.95b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)23.80k
Gross Margin54.78%
Net Profit Margin37.28%
Debt/Equity Ratio0%

How did KOGK perform over the long term?

See historical performance and comparison

Valuation

Is Korshynov Mining Plant 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: KOGK (RUB51000) is trading below our estimate of fair value (RUB358212.75)

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


Price To Earnings Ratio

PE vs Industry: KOGK is good value based on its PE Ratio (2.1x) compared to the Russian Metals and Mining industry average (6.7x).

PE vs Market: KOGK is good value based on its PE Ratio (2.1x) compared to the Russian market (8.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KOGK is good value based on its PB Ratio (0.3x) compared to the RU Metals and Mining industry average (0.9x).


Future Growth

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

-13.0%

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 Korshynov Mining 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.


Past Performance

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

9.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KOGK has high quality earnings.

Growing Profit Margin: KOGK's current net profit margins (37.3%) are higher than last year (26.1%).


Past Earnings Growth Analysis

Earnings Trend: KOGK's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: KOGK's earnings growth over the past year (69.5%) exceeds its 5-year average (9.5% per year).

Earnings vs Industry: KOGK earnings growth over the past year (69.5%) underperformed the Metals and Mining industry 86.9%.


Return on Equity

High ROE: KOGK's Return on Equity (12.1%) is considered low.


Financial Health

How is Korshynov Mining Plant's financial position?


Financial Position Analysis

Short Term Liabilities: KOGK's short term assets (RUB17.1B) exceed its short term liabilities (RUB2.8B).

Long Term Liabilities: KOGK's short term assets (RUB17.1B) exceed its long term liabilities (RUB395.3M).


Debt to Equity History and Analysis

Debt Level: KOGK is debt free.

Reducing Debt: KOGK has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.

Debt Coverage: KOGK has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: KOGK has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if KOGK'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 KOGK'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?

10.0yrs

Average management tenure


CEO

Korshynov Mining Plant has no CEO, or we have no data on them.


Leadership Team

Experienced Management: KOGK's management team is seasoned and experienced (10 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

Korshynov Mining Plant Public Joint Stock Company's employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Korshynov Mining Plant Public Joint Stock Company
  • Ivashchenko Street, 9A/1
  • Zheleznogorsk-Ilimsky
  • Zheleznogorsk
  • Kurskaya obl.
  • 665651
  • Russia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/06 21:45
End of Day Share Price2021/12/06 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.