MAGN Stock Overview
Public Joint Stock Company Magnitogorsk Iron & Steel Works, together with its subsidiaries, produces and sells ferrous metal products in Russia and the CIS countries, the Middle East, South Africa, Asia, Europe, North America, and Africa.
Magnitogorsk Iron & Steel Works Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₽40.88|
|52 Week High||₽79.78|
|52 Week Low||₽35.20|
|1 Month Change||-2.68%|
|3 Month Change||-27.15%|
|1 Year Change||-37.42%|
|3 Year Change||-8.82%|
|5 Year Change||29.60%|
|Change since IPO||38.32%|
Recent News & Updates
|MAGN||RU Metals and Mining||RU Market|
Return vs Industry: MAGN underperformed the Russian Metals and Mining industry which returned -21.8% over the past year.
Return vs Market: MAGN underperformed the Russian Market which returned -22.6% over the past year.
|MAGN Average Weekly Movement||6.2%|
|Metals and Mining Industry Average Movement||8.6%|
|Market Average Movement||9.9%|
|10% most volatile stocks in RU Market||16.9%|
|10% least volatile stocks in RU Market||5.8%|
Stable Share Price: MAGN is less volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MAGN's weekly volatility (6%) has been stable over the past year.
About the Company
Public Joint Stock Company Magnitogorsk Iron & Steel Works, together with its subsidiaries, produces and sells ferrous metal products in Russia and the CIS countries, the Middle East, South Africa, Asia, Europe, North America, and Africa. It offers rolled products made of high-strength steels; flat products, including hot rolled coils, hot rolled sheets, cold rolled coils and sheets, black plates, and cold rolled narrow strips; long products, such as wire rods, rebars, square bars, strips, and round bars; and coated products comprising color coated products, hot dip galvanized products, and tin plates. The company also provides cold formed sections; special hot rolled sections; shaped sections, such as U-beams, angles, and hot rolled beams; water and gas mains pipes; slabs; square and rectangular billets for re-rolling; products for the automotive industry; and miscellaneous products.
Magnitogorsk Iron & Steel Works Fundamentals Summary
|MAGN fundamental statistics|
Is MAGN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAGN income statement (TTM)|
|Cost of Revenue||US$6.39b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Jul 19, 2022
|Earnings per share (EPS)||0.28|
|Net Profit Margin||26.27%|
How did MAGN perform over the long term?See historical performance and comparison
11.3%Current Dividend Yield
Is Magnitogorsk Iron & Steel Works undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MAGN (RUB40.88) is trading below our estimate of fair value (RUB85.49)
Significantly Below Fair Value: MAGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAGN is good value based on its PE Ratio (2.5x) compared to the Russian Metals and Mining industry average (5.2x).
PE vs Market: MAGN is good value based on its PE Ratio (2.5x) compared to the Russian market (6.8x).
Price to Earnings Growth Ratio
PEG Ratio: MAGN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MAGN's PB Ratio (1.2x) is in line with the RU Metals and Mining industry average.
How is Magnitogorsk Iron & Steel Works forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAGN's earnings are forecast to decline over the next 3 years (-19.9% per year).
Earnings vs Market: MAGN's earnings are forecast to decline over the next 3 years (-19.9% per year).
High Growth Earnings: MAGN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MAGN's revenue is expected to decline over the next 3 years (-4.8% per year).
High Growth Revenue: MAGN's revenue is forecast to decline over the next 3 years (-4.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAGN's Return on Equity is forecast to be high in 3 years time (30.7%)
How has Magnitogorsk Iron & Steel Works performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAGN has a high level of non-cash earnings.
Growing Profit Margin: MAGN's current net profit margins (26.3%) are higher than last year (9.4%).
Past Earnings Growth Analysis
Earnings Trend: MAGN's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: MAGN's earnings growth over the past year (417.1%) exceeds its 5-year average (10.3% per year).
Earnings vs Industry: MAGN earnings growth over the past year (417.1%) exceeded the Metals and Mining industry 96.2%.
Return on Equity
High ROE: MAGN's Return on Equity (49.3%) is considered outstanding.
How is Magnitogorsk Iron & Steel Works's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MAGN's short term assets ($4.2B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: MAGN's short term assets ($4.2B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: MAGN has more cash than its total debt.
Reducing Debt: MAGN's debt to equity ratio has increased from 10.6% to 15.2% over the past 5 years.
Debt Coverage: MAGN's debt is well covered by operating cash flow (282.5%).
Interest Coverage: MAGN's interest payments on its debt are well covered by EBIT (417.1x coverage).
What is Magnitogorsk Iron & Steel Works's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAGN's dividend (11.26%) is higher than the bottom 25% of dividend payers in the Russian market (3.8%).
High Dividend: MAGN's dividend (11.26%) is in the top 25% of dividend payers in the Russian market (11.02%)
Stability and Growth of Payments
Stable Dividend: MAGN's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAGN's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.7%), MAGN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.9%), MAGN's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pavel Shilyaev (51 yo)
Mr. Pavel Vladimirovich Shilyaev has been the Chief Executive Officer, General Director and Member of Management Board at Public Joint Stock Company Magnitogorsk Iron & Steel Works since February 26, 2014...
Experienced Management: MAGN's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: MAGN's board of directors are considered experienced (3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Public Joint Stock Company Magnitogorsk Iron & Steel Works's employee growth, exchange listings and data sources
- Name: Public Joint Stock Company Magnitogorsk Iron & Steel Works
- Ticker: MAGN
- Exchange: MISX
- Founded: 1932
- Industry: Steel
- Sector: Materials
- Implied Market Cap: ₽456.751b
- Shares outstanding: 11.17b
- Website: https://www.mmk.ru
Number of Employees
- Public Joint Stock Company Magnitogorsk Iron & Steel Works
- 93, Kirova Street
- Chelyabinskaya obl.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 00:00|
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.