company background image
NKNC

NizhnekamskneftekhimMISX:NKNC Stock Report

Market Cap

₽232.4b

7D

-1.1%

1Y

56.9%

Updated

26 Oct, 2021

Data

Company Financials
NKNC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends3/6

NKNC Overview

Public Joint Stock Company Nizhnekamskneftekhim produces and sells petrochemicals in Russia.

Nizhnekamskneftekhim Competitors

Gazprom

MISX:GAZP

₽8.6t

Rosneft Oil

LSE:ROSN

US$88.5b

PJSC LUKOIL

MISX:LKOH

₽4.9t

Oil Company Bashneft

MISX:BANE

₽262.5b

Price History & Performance

Summary of all time highs, changes and price drops for Nizhnekamskneftekhim
Historical stock prices
Current Share Price₽130.10
52 Week High₽80.60
52 Week Low₽169.00
Beta0.013
1 Month Change-6.13%
3 Month Change15.70%
1 Year Change56.94%
3 Year Change93.03%
5 Year Change77.73%
Change since IPO694.02%

Recent News & Updates

Oct 17
Here's What's Concerning About Nizhnekamskneftekhim's (MCX:NKNC) Returns On Capital

Here's What's Concerning About Nizhnekamskneftekhim's (MCX:NKNC) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Sep 26
Does Nizhnekamskneftekhim (MCX:NKNC) Have A Healthy Balance Sheet?

Does Nizhnekamskneftekhim (MCX:NKNC) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Sep 04
Nizhnekamskneftekhim's (MCX:NKNC) Promising Earnings May Rest On Soft Foundations

Nizhnekamskneftekhim's (MCX:NKNC) Promising Earnings May Rest On Soft Foundations

Public Joint Stock Company Nizhnekamskneftekhim's ( MCX:NKNC ) stock was strong after they reported robust earnings...

Shareholder Returns

NKNCRU ChemicalsRU Market
7D-1.1%-2.5%-0.6%
1Y56.9%73.3%59.6%

Return vs Industry: NKNC underperformed the Russian Chemicals industry which returned 73.3% over the past year.

Return vs Market: NKNC underperformed the Russian Market which returned 59.6% over the past year.

Price Volatility

Is NKNC's price volatile compared to industry and market?
NKNC volatility
NKNC Beta0.013
Industry Beta0.87
Market Beta1

Stable Share Price: NKNC is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: NKNC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1967n/aAirat Safinhttps://www.nknh.ru

Public Joint Stock Company Nizhnekamskneftekhim produces and sells petrochemicals in Russia. The company operates through Production and Sales of Petrochemicals, and Petrochemicals Trading segments. It offers plastics, glycols, rubbers, polyesters, surfactants, monomers, ethylene and propylene oxides, methyl-tert-butyl ether, resins, products of organic synthesis, gases, hydrocarbon and alpha-olefins fractions, and other products.

Nizhnekamskneftekhim Fundamentals Summary

How do Nizhnekamskneftekhim's earnings and revenue compare to its market cap?
NKNC fundamental statistics
Market Cap₽232.38b
Earnings (TTM)₽31.87b
Revenue (TTM)₽205.29b

7.5x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NKNC income statement (TTM)
Revenue₽205.29b
Cost of Revenue₽148.71b
Gross Profit₽56.58b
Expenses₽24.71b
Earnings₽31.87b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)17.42
Gross Margin27.56%
Net Profit Margin15.53%
Debt/Equity Ratio63.5%

How did NKNC perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

59%

Payout Ratio

Valuation

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

7.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NKNC (RUB130.1) is trading above our estimate of fair value (RUB95.1)

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


Price To Earnings Ratio

PE vs Industry: NKNC is good value based on its PE Ratio (7.5x) compared to the Russian Chemicals industry average (10.2x).

PE vs Market: NKNC is good value based on its PE Ratio (7.5x) compared to the Russian market (10.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NKNC is good value based on its PB Ratio (1.5x) compared to the RU Chemicals industry average (2x).


Future Growth

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

5.9%

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 Nizhnekamskneftekhim 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 Nizhnekamskneftekhim performed over the past 5 years?

-7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NKNC has a high level of non-cash earnings.

Growing Profit Margin: NKNC's current net profit margins (15.5%) are higher than last year (8.8%).


Past Earnings Growth Analysis

Earnings Trend: NKNC's earnings have declined by 7.2% per year over the past 5 years.

Accelerating Growth: NKNC's earnings growth over the past year (131.1%) exceeds its 5-year average (-7.2% per year).

Earnings vs Industry: NKNC earnings growth over the past year (131.1%) underperformed the Chemicals industry 138%.


Return on Equity

High ROE: NKNC's Return on Equity (19.5%) is considered low.


Financial Health

How is Nizhnekamskneftekhim's financial position?


Financial Position Analysis

Short Term Liabilities: NKNC's short term assets (RUB73.8B) exceed its short term liabilities (RUB22.5B).

Long Term Liabilities: NKNC's short term assets (RUB73.8B) do not cover its long term liabilities (RUB111.8B).


Debt to Equity History and Analysis

Debt Level: NKNC's debt to equity ratio (63.5%) is considered high.

Reducing Debt: NKNC's debt to equity ratio has increased from 0.6% to 63.5% over the past 5 years.

Debt Coverage: NKNC's debt is well covered by operating cash flow (29.7%).

Interest Coverage: NKNC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

7.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NKNC's dividend (7.33%) is higher than the bottom 25% of dividend payers in the Russian market (2.78%).

High Dividend: NKNC's dividend (7.33%) is low compared to the top 25% of dividend payers in the Russian market (7.6%).


Stability and Growth of Payments

Stable Dividend: NKNC's dividend payments have been volatile in the past 10 years.

Growing Dividend: NKNC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59%), NKNC's dividend payments are 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?

1.8yrs

Average management tenure


CEO

Airat Safin

1.67yrs

Tenure

Mr. Airat F. Safin serves as General Director, Member of the Management Board and Director at Public Joint Stock Company Nizhnekamskneftekhim since February 28, 2020. He had been Director of Ethylene Plant...


Leadership Team

Experienced Management: NKNC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: NKNC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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 Nizhnekamskneftekhim's employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company Nizhnekamskneftekhim
  • Ticker: NKNC
  • Exchange: MISX
  • Founded: 1967
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: ₽232.377b
  • Shares outstanding: 1.83b
  • Website: https://www.nknh.ru

Number of Employees


Location

  • Public Joint Stock Company Nizhnekamskneftekhim
  • Office 129
  • 23 Sobolekovskaya Street
  • Nizhnekamsk
  • Tatarstan
  • 423574
  • Russia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 21:16
End of Day Share Price2021/10/26 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.