Lena Gold-Mining Lenzoloto (MISX:LNZL) - Share price, News & Analysis

LNZL fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

LNZL Stock Overview

Lena Gold-Mining Public Joint Stock Company Lenzoloto engages in the exploration, mining, development, and production of gold properties in Russia.

Rewards

Trading at 93.8% below our estimate of its fair value

Became profitable this year

Risk Analysis

Revenue has declined by 100% over the past year

Latest financial reports are more than a year old

Makes less than USD$1m in revenue (RUB0)

Dividend of 153.58% is not well covered by earnings

Lena Gold-Mining Lenzoloto Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lena Gold-Mining Lenzoloto
Historical stock prices
Current Share Price	₽9,910.00
52 Week High	₽38,460.00
52 Week Low	₽4,990.00
Beta	0.69
1 Month Change	-13.83%
3 Month Change	17.00%
1 Year Change	-44.94%
3 Year Change	84.20%
5 Year Change	42.80%
Change since IPO	978.17%

Shareholder Returns

	LNZL	RU Metals and Mining	RU Market
7D	-2.4%	-1.2%	2.7%
1Y	-44.9%	-21.8%	-22.6%

Return vs Industry: LNZL underperformed the Russian Metals and Mining industry which returned -21.8% over the past year.

Return vs Market: LNZL underperformed the Russian Market which returned -22.6% over the past year.

Price Volatility

Is LNZL's price volatile compared to industry and market?
LNZL volatility
LNZL Average Weekly Movement	17.7%
Metals and Mining Industry Average Movement	16.5%
Market Average Movement	15.5%
10% most volatile stocks in RU Market	22.1%
10% least volatile stocks in RU Market	9.7%

Stable Share Price: LNZL is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: LNZL's weekly volatility (18%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	4	Maksim Semyanskikh	https://www.len-zoloto.ru

Lena Gold-Mining Public Joint Stock Company Lenzoloto engages in the exploration, mining, development, and production of gold properties in Russia. It is also involved in the airport rental business; repair, maintenance, and leasing of production assets; design and exploration work of engineering and geological research activities; sale of goods and materials; and provision of transport services. The company was founded in 1992 and is based in Bodaybo, Russia.

Lena Gold-Mining Lenzoloto Fundamentals Summary

How do Lena Gold-Mining Lenzoloto's earnings and revenue compare to its market cap?
LNZL fundamental statistics
Market Cap	₽11.30b
Earnings (TTM)	₽44.00m
Revenue (TTM)	n/a

256.8x

P/E Ratio

0.0x

P/S Ratio

Is LNZL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LNZL income statement (TTM)
Revenue	₽0
Cost of Revenue	₽0
Gross Profit	₽0
Other Expenses	-₽44.00m
Earnings	₽44.00m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)	38.59
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.4%

How did LNZL perform over the long term?

See historical performance and comparison

Dividends

153.6%

Current Dividend Yield

39,443%

Payout Ratio

Valuation

Is Lena Gold-Mining Lenzoloto undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: LNZL (RUB9910) is trading below our estimate of fair value (RUB160076.34)

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

Price To Earnings Ratio

PE vs Industry: LNZL is poor value based on its PE Ratio (256.8x) compared to the Russian Metals and Mining industry average (5.2x).

PE vs Market: LNZL is poor value based on its PE Ratio (256.8x) compared to the Russian market (6.8x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: LNZL is good value based on its PB Ratio (0.5x) compared to the RU Metals and Mining industry average (1.2x).

Future Growth

How is Lena Gold-Mining Lenzoloto forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-8.0%

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 Lena Gold-Mining Lenzoloto 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 Lena Gold-Mining Lenzoloto performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-100.0%

Last years revenue growth

Earnings and Revenue History

Quality Earnings: LNZL has high quality earnings.

Growing Profit Margin: LNZL became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if LNZL's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: LNZL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LNZL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (96.2%).

Return on Equity

High ROE: LNZL's Return on Equity (0.2%) is considered low.

Financial Health

How is Lena Gold-Mining Lenzoloto's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: LNZL's short term assets (RUB23.2B) exceed its short term liabilities (RUB8.0M).

Long Term Liabilities: LNZL's short term assets (RUB23.2B) exceed its long term liabilities (RUB99.0M).

Debt to Equity History and Analysis

Debt Level: LNZL has more cash than its total debt.

Reducing Debt: LNZL's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.

Debt Coverage: LNZL's debt is well covered by operating cash flow (4904%).

Interest Coverage: Insufficient data to determine if LNZL's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

What is Lena Gold-Mining Lenzoloto current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

153.58%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LNZL's dividend (153.58%) is higher than the bottom 25% of dividend payers in the Russian market (3.8%).

High Dividend: LNZL's dividend (153.58%) is in the top 25% of dividend payers in the Russian market (11.02%)

Stability and Growth of Payments

Stable Dividend: LNZL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: LNZL's dividend payments have increased, but the company has only paid a dividend for 8 years.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (39442.7%), LNZL's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average board tenure

CEO

Maksim Semyanskikh

7.5yrs

Tenure

Maksim Semyanskikh has been General Director of Lena Gold-Mining Joint Stock Company Lenzoloto since November 30, 2014 and has been its a Director since July 29, 2016.

Board Members

Experienced Board: LNZL's board of directors are considered experienced (5.8 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/22 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2020/12/31
Annual Earnings	2020/12/31