Executive Summary
Public Joint Stock Company Polyus, together with its subsidiaries, engages in the extraction, refining, and sale of gold. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with acceptable track record.
Similar Companies
Share Price & News
How has Polyus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLZL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.1%
PLZL
0.7%
RU Metals and Mining
-2.3%
RU Market
1 Year Return
139.8%
PLZL
61.1%
RU Metals and Mining
-9.3%
RU Market
Return vs Industry: PLZL exceeded the Russian Metals and Mining industry which returned 59.6% over the past year.
Return vs Market: PLZL exceeded the Russian Market which returned -8.8% over the past year.
Shareholder returns
| PLZL | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 0.7% | -2.3% |
| 30 Day | 1.0% | -0.8% | -7.5% |
| 90 Day | 23.7% | 18.0% | -5.4% |
| 1 Year | 146.5%139.8% | 67.4%61.1% | -3.1%-9.3% |
| 3 Year | 317.8%260.8% | 112.4%72.0% | 40.0%16.5% |
| 5 Year | 655.9%514.0% | 288.0%183.1% | 97.0%50.5% |
Price Volatility Vs. Market
How volatile is Polyus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Key Things To Consider Before Buying Public Joint Stock Company Polyus (MCX:PLZL) For Its Dividend1 month ago | Simply Wall St
Polyus (MCX:PLZL) Has Rewarded Shareholders With An Exceptional 654% Total Return On Their Investment1 month ago | Simply Wall St
Public Joint Stock Company Polyus (MCX:PLZL) P/E Isn't Throwing Up SurprisesValuation
Is Polyus undervalued compared to its fair value and its price relative to the market?
27.48x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PLZL (RUB17308) is trading above our estimate of fair value (RUB9274.9)
Significantly Below Fair Value: PLZL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PLZL is poor value based on its PE Ratio (27.8x) compared to the RU Metals and Mining industry average (9.9x).
PE vs Market: PLZL is poor value based on its PE Ratio (27.8x) compared to the Russian market (9.9x).
Price to Earnings Growth Ratio
PEG Ratio: PLZL is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: PLZL is overvalued based on its PB Ratio (13x) compared to the RU Metals and Mining industry average (0.9x).
Next Steps
Future Growth
How is Polyus forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
22.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLZL's forecast earnings growth (22.6% per year) is above the savings rate (8.3%).
Earnings vs Market: PLZL's earnings (22.6% per year) are forecast to grow slower than the Russian market (25.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PLZL's revenue (8.6% per year) is forecast to grow faster than the Russian market (8.2% per year).
High Growth Revenue: PLZL's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLZL's Return on Equity is forecast to be very high in 3 years time (43.4%).
Next Steps
Past Performance
How has Polyus performed over the past 5 years?
6.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLZL has high quality earnings.
Growing Profit Margin: PLZL's current net profit margins (26.8%) are lower than last year (31.6%).
Past Earnings Growth Analysis
Earnings Trend: PLZL's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: PLZL's earnings growth over the past year (1.6%) is below its 5-year average (6% per year).
Earnings vs Industry: PLZL earnings growth over the past year (1.6%) exceeded the Metals and Mining industry -21.8%.
Return on Equity
High ROE: Whilst PLZL's Return on Equity (45.62%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Polyus's financial position?
Financial Position Analysis
Short Term Liabilities: PLZL's short term assets ($2.6B) exceed its short term liabilities ($487.0M).
Long Term Liabilities: PLZL's short term assets ($2.6B) do not cover its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: PLZL's debt to equity ratio (169.3%) is considered high.
Reducing Debt: PLZL's debt to equity ratio has increased from 88.2% to 169.3% over the past 5 years.
Debt Coverage: PLZL's debt is well covered by operating cash flow (55.5%).
Interest Coverage: PLZL's interest payments on its debt are well covered by EBIT (58.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Polyus's current dividend yield, its reliability and sustainability?
2.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PLZL's dividend (2.77%) isn’t notable compared to the bottom 25% of dividend payers in the Russian market (3.88%).
High Dividend: PLZL's dividend (2.77%) is low compared to the top 25% of dividend payers in the Russian market (8.99%).
Stability and Growth of Payments
Stable Dividend: PLZL's dividend payments have been volatile in the past 10 years.
Growing Dividend: PLZL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (111%), PLZL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PLZL's dividends in 3 years are forecast to be covered by earnings (54.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
Pavel Grachev (47 yo)
6yrs
Tenure
Mr. Pavel Sergeevich Grachev has been General Director of Public Joint Stock Company Polyus Gold since September 30, 2014 and serves as its Chief Executive Officer since October 02, 2014. Mr. Grachev serve ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6yrs | no data | 0.25% $ 5.8b | |
| Senior VP of Finance & Strategy and Director | 4.5yrs | no data | 0.12% $ 2.8b | |
| Senior VP of Operations & Director | 4.5yrs | no data | 0.21% $ 5.0b | |
| Vice President of Operations & Technical Development | 6yrs | no data | 0.022% $ 517.8m | |
| Director of Communication & Investor Relations | no data | no data | no data | |
| Director of Public Relations | no data | no data | no data | |
| Vice President of Human Resources & Organizational Development | 3.42yrs | no data | 0.0056% $ 131.9m | |
| Head of Sustainable Development | no data | no data | no data | |
| Managing Director of JSC Polyus Magadan | 2.75yrs | no data | no data | |
| Corporate Secretary | 4.5yrs | no data | no data | |
| Vice President of Government Relations | 6.58yrs | no data | 0.037% $ 871.9m | |
| Managing Director of JSC Pervenets | 7.92yrs | no data | 0.024% $ 573.1m |
6.0yrs
Average Tenure
46yo
Average Age
Experienced Management: PLZL's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6yrs | no data | 0.25% $ 5.8b | |
| Senior VP of Finance & Strategy and Director | 4.5yrs | no data | 0.12% $ 2.8b | |
| Senior VP of Operations & Director | 4.5yrs | no data | 0.21% $ 5.0b | |
| Independent Chairman of the Board | 4.5yrs | no data | no data | |
| Senior Independent Director | 0.17yr | no data | no data | |
| Independent Director | 4.5yrs | no data | no data | |
| Director | 2.83yrs | no data | no data | |
| Independent Director | 4.5yrs | no data | no data | |
| Director | 4.5yrs | no data | no data | |
| Member of Internal Audit Commission | 4.5yrs | no data | no data | |
| Member of Internal Audit Commission | 12.33yrs | no data | no data | |
| Member of Internal Audit Commission | no data | no data | no data |
4.5yrs
Average Tenure
44.5yo
Average Age
Experienced Board: PLZL's board of directors are considered experienced (4.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLZL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Public Joint Stock Company Polyus's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Public Joint Stock Company Polyus
- Ticker: PLZL
- Exchange: MISX
- Founded: 2006
- Industry: Gold
- Sector: Materials
- Market Cap: ₽2.342t
- Shares outstanding: 135.31m
- Website: https://www.polyus.com
Location
- Public Joint Stock Company Polyus
- 3 Building 1
- Krasina Street
- Moscow
- 123056
- Russia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PLZL | MISX (Micex - Rts) | Yes | Common Shares | RU | RUB | May 2006 |
| OPYG.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Jul 2006 | |
| PLZB | LSE (London Stock Exchange) | SPONSORED ADR | GB | USD | Jul 2006 | |
| PLZL | LSE (London Stock Exchange) | SPONSORD GDR S | GB | USD | Jun 2017 | |
| PLZLL | BATS-CHIXE (BATS 'Chi-X Europe') | SPONSORD GDR S | GB | USD | Jun 2017 | |
| P6J1 | DB (Deutsche Boerse AG) | SPONSORD GDR S | DE | EUR | Jun 2017 | |
| PLZA | LSE (London Stock Exchange) | SPONSORD ADR | GB | USD | Aug 2017 |
Biography
Public Joint Stock Company Polyus, together with its subsidiaries, engages in the extraction, refining, and sale of gold. The company has primary operations in Krasnoyarsk, Irkutsk, and Magadan regions, as ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/20 22:08 |
| End of Day Share Price | 2020/10/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.