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Seligdar

MISX:SELG
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SELG
MISX
RUB6B
Market Cap
  1. Home
  2. RU
  3. Materials
Company description

Public Joint-Stock Company Seligdar explores for and develops gold deposits in Russia. The last earnings update was 118 days ago. More info.


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SELG Share Price and Events
7 Day Returns
0.3%
MISX:SELG
0.8%
RU Metals and Mining
-0.1%
RU Market
1 Year Returns
-1.5%
MISX:SELG
-1.6%
RU Metals and Mining
7.9%
RU Market
SELG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Seligdar (SELG) 0.3% -5.4% -4.9% -1.5% 29.5% 106%
RU Metals and Mining 0.8% 0.3% -3.5% -1.6% 37.9% 211.1%
RU Market -0.1% 2.5% 3.3% 7.9% 29.6% 100.8%
1 Year Return vs Industry and Market
  • SELG underperformed the Market in Russian Federation which returned 7.9% over the past year.
Price Volatility
SELG
Industry
5yr Volatility vs Market

SELG Value

 Is Seligdar undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Seligdar to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Seligdar.

MISX:SELG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 27.3%
Perpetual Growth Rate 10-Year RU Government Bond Rate 8.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for MISX:SELG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year RU Govt Bond Rate 8.4%
Equity Risk Premium S&P Global 9.4%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.133 (1 + (1- 20%) (240.88%))
2.551
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.44% + (2 * 9.43%)
27.3%

Discounted Cash Flow Calculation for MISX:SELG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Seligdar is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

MISX:SELG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (RUB, Millions) Source Present Value
Discounted (@ 27.3%)
2019 932.09 Est @ -36.62% 732.20
2020 716.77 Est @ -23.1% 442.30
2021 619.01 Est @ -13.64% 300.06
2022 575.58 Est @ -7.02% 219.18
2023 561.89 Est @ -2.38% 168.08
2024 566.76 Est @ 0.87% 133.18
2025 584.55 Est @ 3.14% 107.90
2026 612.20 Est @ 4.73% 88.77
2027 647.96 Est @ 5.84% 73.81
2028 690.87 Est @ 6.62% 61.82
Present value of next 10 years cash flows RUB2,327.29
MISX:SELG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= RUB690.87 × (1 + 8.44%) ÷ (27.3% – 8.44%)
RUB3,972.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= RUB3,972.32 ÷ (1 + 27.3%)10
RUB355.44
MISX:SELG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= RUB2,327.29 + RUB355.44
RUB2,682.73
Equity Value per Share
(RUB)
= Total value / Shares Outstanding
= RUB2,682.73 / 620.50
RUB4.32
MISX:SELG Discount to Share Price
Calculation Result
Value per share (RUB) From above. RUB4.32
Current discount Discount to share price of RUB9.27
= -1 x (RUB9.27 - RUB4.32) / RUB4.32
-114.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Seligdar is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Seligdar's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Seligdar's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MISX:SELG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in RUB RUB2.76
MISX:SELG Share Price ** MISX (2019-04-22) in RUB RUB9.27
Russian Federation Metals and Mining Industry PE Ratio Median Figure of 19 Publicly-Listed Metals and Mining Companies 4.54x
Russian Federation Market PE Ratio Median Figure of 129 Publicly-Listed Companies 7.37x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Seligdar.

MISX:SELG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MISX:SELG Share Price ÷ EPS (both in RUB)

= 9.27 ÷ 2.76

3.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Seligdar is good value based on earnings compared to the RU Metals and Mining industry average.
  • Seligdar is good value based on earnings compared to the Russian Federation market.
Price based on expected Growth
Does Seligdar's expected growth come at a high price?
Raw Data
MISX:SELG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
8.6%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 62 Publicly-Listed Metals and Mining Companies 0.64x
Russian Federation Market PEG Ratio Median Figure of 33 Publicly-Listed Companies 0.5x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Seligdar, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Seligdar's assets?
Raw Data
MISX:SELG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in RUB RUB29.09
MISX:SELG Share Price * MISX (2019-04-22) in RUB RUB9.27
Russian Federation Metals and Mining Industry PB Ratio Median Figure of 20 Publicly-Listed Metals and Mining Companies 0.41x
Russian Federation Market PB Ratio Median Figure of 149 Publicly-Listed Companies 0.82x
MISX:SELG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MISX:SELG Share Price ÷ Book Value per Share (both in RUB)

= 9.27 ÷ 29.09

0.32x

* Primary Listing of Seligdar.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Seligdar is good value based on assets compared to the RU Metals and Mining industry average.
X
Value checks
We assess Seligdar's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Seligdar has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SELG Future Performance

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

  • No analysts cover Seligdar, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Seligdar expected to grow at an attractive rate?
  • Seligdar's earnings growth is expected to exceed the low risk savings rate of 8.4%.
Growth vs Market Checks
  • Seligdar's earnings growth is expected to exceed the Russian Federation market average.
  • Unable to compare Seligdar's revenue growth to the Russian Federation market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MISX:SELG Future Growth Rates Data Sources
Data Point Source Value (per year)
MISX:SELG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 8.6%
Russian Federation Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average -1.8%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Russian Federation Market Earnings Growth Rate Market Cap Weighted Average 3.6%
Russian Federation Market Revenue Growth Rate Market Cap Weighted Average 4.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MISX:SELG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in RUB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MISX:SELG Past Financials Data
Date (Data in RUB Millions) Revenue Cash Flow Net Income *
2018-09-30 14,030 3,876 1,713
2018-06-30 13,159 3,466 988
2018-03-31 12,399 3,198 1,206
2017-12-31 11,638 2,929 1,425
2017-09-30 12,097 3,282 3,825
2017-06-30 11,737 3,726 3,898
2017-03-31 11,497 3,784 3,799
2016-12-31 11,257 3,843 3,700
2016-09-30 10,047 5,657 -90
2016-06-30 8,471 4,733 -1,605
2016-03-31 8,053 4,104 -1,481
2015-12-31 7,636 3,475 -1,357

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Seligdar's earnings are expected to grow by 8.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Seligdar is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MISX:SELG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Seligdar Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:SELG Past Financials Data
Date (Data in RUB Millions) EPS *
2018-09-30 2.76
2018-06-30 1.59
2018-03-31 1.94
2017-12-31 2.30
2017-09-30 6.16
2017-06-30 6.28
2017-03-31 6.12
2016-12-31 5.96
2016-09-30 -0.15
2016-06-30 -2.59
2016-03-31 -2.39
2015-12-31 -2.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Seligdar will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Seligdar's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Russian Federation market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Seligdar has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SELG Past Performance

  How has Seligdar performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Seligdar's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Seligdar has delivered over 20% year on year earnings growth in the past 5 years.
  • Seligdar's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Seligdar's 1-year earnings growth is negative, it can't be compared to the RU Metals and Mining industry average.
Earnings and Revenue History
Seligdar's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Seligdar Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:SELG Past Revenue, Cash Flow and Net Income Data
Date (Data in RUB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 14,029.53 1,713.14 1,504.25
2018-06-30 13,159.33 987.86 1,383.93
2018-03-31 12,398.67 1,206.26 1,260.30
2017-12-31 11,638.01 1,424.67 1,136.67
2017-09-30 12,096.65 3,824.58 920.61
2017-06-30 11,737.24 3,897.78 1,013.95
2017-03-31 11,497.26 3,798.95 922.96
2016-12-31 11,257.28 3,700.11 831.96
2016-09-30 10,046.57 -90.20 752.67
2016-06-30 8,470.66 -1,605.27 653.63
2016-03-31 8,053.40 -1,481.27 648.20
2015-12-31 7,636.15 -1,357.26 642.78
2015-09-30 6,787.98 -2,299.53 718.35
2015-06-30 5,380.64 -2,310.00 632.38
2015-03-31 5,622.18 -2,409.07 746.64
2014-12-31 5,142.40 -2,600.55 624.79
2014-09-30 4,293.83 -741.07 725.86
2014-06-30 4,874.09 363.53 695.54
2014-03-31 928.01 -324.62 159.10
2013-12-31 5,075.01 381.79 658.35
2013-09-30 4,871.84 388.05 481.36
2013-06-30 2,556.28 -366.96 465.46
2013-03-31 1,750.09 15.96 290.32
2012-12-31 1,768.70 116.82 309.17
2012-09-30 1,767.70 95.42 206.90
2012-06-30 2,014.42 59.90 207.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Seligdar has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Seligdar used its assets more efficiently than the RU Metals and Mining industry average last year based on Return on Assets.
  • Seligdar's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Seligdar's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Seligdar has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SELG Health

 How is Seligdar's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Seligdar's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Seligdar's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Seligdar's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Seligdar's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Seligdar Company Filings, last reported 6 months ago.

MISX:SELG Past Debt and Equity Data
Date (Data in RUB Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 20,113.63 13,855.77 2,656.58
2018-06-30 18,050.50 16,030.30 512.25
2018-03-31 18,050.50 16,030.30 512.25
2017-12-31 19,035.82 15,272.49 606.93
2017-09-30 12,881.23 16,130.29 4,083.12
2017-06-30 11,647.63 17,171.40 3,498.51
2017-03-31 11,647.63 17,171.40 3,498.51
2016-12-31 11,629.26 13,387.44 1,660.26
2016-09-30 8,227.81 15,558.18 2,192.30
2016-06-30 6,908.04 17,193.90 1,351.20
2016-03-31 6,908.04 17,193.90 1,351.20
2015-12-31 7,344.60 16,158.11 1,614.73
2015-09-30 8,119.26 11,926.35 3,610.78
2015-06-30 8,466.63 11,350.51 3,197.51
2015-03-31 8,466.63 11,350.51 3,197.51
2014-12-31 8,609.69 10,805.13 3,459.77
2014-09-30 10,401.90 6,712.17 165.11
2014-06-30 10,701.46 6,550.46 19.19
2014-03-31 14,026.67 4,595.59 3,221.13
2013-12-31 10,574.34 5,821.58 14.10
2013-09-30 14,310.71 2,872.88 4,232.68
2013-06-30 14,650.78 4,844.76 4,587.59
2013-03-31 14,688.79 4,482.84 4,905.86
2012-12-31 14,630.05 3,990.75 5,548.27
2012-09-30 8,838.01 3,057.26 5,265.68
2012-06-30 8,601.88 4,891.08 4,875.25
  • Seligdar's level of debt (68.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (20.4% vs 68.9% today).
  • Debt is well covered by operating cash flow (28%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
X
Financial health checks
We assess Seligdar's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Seligdar has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SELG Dividends

 What is Seligdar's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Seligdar dividends.
If you bought RUB2,000 of Seligdar shares you are expected to receive RUB0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Seligdar's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Seligdar's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MISX:SELG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 65 Stocks 5.7%
Russian Federation Market Average Dividend Yield Market Cap Weighted Average of 75 Stocks 6.8%
Russian Federation Minimum Threshold Dividend Yield 10th Percentile 1.6%
Russian Federation Bottom 25% Dividend Yield 25th Percentile 3.3%
Russian Federation Top 25% Dividend Yield 75th Percentile 9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

MISX:SELG Past Annualized Dividends Data
Date (Data in RUB) Dividend per share (annual) Avg. Yield (%)
2014-12-29 0.000 0.000
2014-05-14 0.000 0.000
2013-11-18 2.250 55.866
2013-05-14 0.150 2.528
2012-11-16 0.150 1.997
2012-08-15 0.150 1.458
2012-05-15 0.150 1.344
2011-09-30 0.120 1.011

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Seligdar has not reported any payouts.
  • Unable to verify if Seligdar's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Seligdar's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Seligdar has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Seligdar's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Seligdar afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Seligdar has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SELG Management

 What is the CEO of Seligdar's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tatarinov Mikhaylovich
CEO Bio

Mr. Tatarinov Sergey Mikhaylovich serves as Director at Zoloto Seligdara OAO. Mr. Mikhaylovich serves as Chairman of The Management Board, General Director and Director at Public Joint-Stock Company Seligdar and served as its Chief Executive Director.

CEO Compensation
  • Insufficient data for Tatarinov to compare compensation growth.
  • Insufficient data for Tatarinov to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Seligdar management team in years:

2.7
Average Tenure
  • The tenure for the Seligdar management team is about average.
Management Team

Tatarinov Mikhaylovich

TITLE
Chairman of the Management Board

Beyrit Aleksandrovich

TITLE
President
TENURE
2.7 yrs

Aleksandr Khrushch

TITLE
Member of the Management Board & Director

Kisliy Mikhaylovich

TITLE
Member of the Management Board

Vadim Kolsanov

TITLE
Member of the Management Board

Tatyana Kim

TITLE
Member of Management Board
TENURE
1.8 yrs

Peleshatiy Teodorovich

TITLE
Member of the Management Board

Pshenichnikov Viktorovich

TITLE
Member of the Management Board

Besperstov Borisovich

TITLE
Chief Accountant
TENURE
7.3 yrs
Board of Directors Tenure

Average tenure of the Seligdar board of directors in years:

7.3
Average Tenure
  • The tenure for the Seligdar board of directors is about average.
Board of Directors

Sergey Rizhov

TITLE
Chairman
AGE
50
TENURE
8.3 yrs

Tatarinov Mikhaylovich

TITLE
Chairman of the Management Board

Anatoliy Labun

TITLE
Deputy Chairman

Beyrit Aleksandrovich

TITLE
President
TENURE
7.3 yrs

Aleksandr Khrushch

TITLE
Member of the Management Board & Director

Valeriy Suleymanov

TITLE
Director
TENURE
7.3 yrs

Launer Alfredovich

TITLE
Director
TENURE
7.3 yrs

Leonid Savvinov

TITLE
Director

Yun Borisovich

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (RUB) Value (RUB)
X
Management checks
We assess Seligdar's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Seligdar has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SELG News

Simply Wall St News

Are Public Joint-Stock Company Seligdar's (MCX:SELG) Interest Costs Too High?

However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Will Public Joint-Stock Company Seligdar (MCX:SELG) Continue To Underperform Its Industry?

and want to begin learning the link between Public Joint-Stock Company Seligdar (MCX:SELG)’s return fundamentals and stock market performance. … Public Joint-Stock Company Seligdar’s (MCX:SELG) most recent return on equity was a substandard 7.37% relative to its industry performance of 21.96% over the past year. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into SELG's past performance.

Simply Wall St -

Why Public Joint-Stock Company Seligdar's (MCX:SELG) Investor Composition Impacts Your Returns

See our latest analysis for Seligdar MISX:SELG Ownership_summary Apr 10th 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Private Company Ownership Potential investors in SELG should also look at another important group of investors: private companies, with a stake of 61.46%, who are primarily invested because of strategic and capital gain interests. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

Simply Wall St -

Is Public Joint-Stock Company Seligdar (MCX:SELG) A Buy At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SELG Price per share = RUB9.29 Earnings per share = RUB6.164 ∴ Price-Earnings Ratio = RUB9.29 ÷ RUB6.164 = 1.5x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you inadvertently compared lower risk firms with SELG, then investors would naturally value SELG at a lower price since it is a riskier investment. … Similarly, if you accidentally compared higher growth firms with SELG, investors would also value SELG at a lower price since it is a lower growth investment.

Simply Wall St -

With An ROE Of 29.60%, Has Public Joint-Stock Company Seligdar's (MCX:SELG) Management Done Well?

See our latest analysis for Seligdar Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Seligdar’s profit against the level of its shareholders’ equity. … ROE can be dissected into three distinct ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity MISX:SELG Last Perf Mar 16th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

What does Public Joint-Stock Company Seligdar's (MCX:SELG) Balance Sheet Tell Us About Its Future?

Additionally, SELG has generated cash from operations of RUРУБ4.99B in the last twelve months, resulting in an operating cash to total debt ratio of 37.26%, indicating that SELG’s debt is appropriately covered by operating cash. … In SELG’s case, it is able to generate 0.37x cash from its debt capital. … In SELG's case, the ratio of 5.02x suggests that interest is appropriately covered, which means that lenders may be less hesitant to lend out more funding as SELG’s high interest coverage is seen as responsible and safe practice.Next Steps: SELG’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.

Simply Wall St -

SELG Company Info

Description

Public Joint-Stock Company Seligdar explores for and develops gold deposits in Russia. It also explores for cassiterite quartz, silicate, and sulphide formations; and tin and copper. The company was founded in 1975 and is based in Aldan, Russia.

Details
Name: Public Joint-Stock Company Seligdar
SELG
Exchange: MISX
Founded: 1975
RUB5,752,035,000
620,500,000
Website: http://www.seligdar.ru
Address: Public Joint-Stock Company Seligdar
ul. 26 Picket, 12,
Aldan,
678900,
Russia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MISX SELG Common Shares Micex - Rts RU RUB 25. Jun 2009
MISX SELGP RUB1 PREF SHS (RUB) Micex - Rts RU RUB 10. Feb 2016
Number of employees
Current staff
Staff numbers
0
Seligdar employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 21:32
End of day share price update: 2019/04/22 00:00
Last earnings filing: 2018/12/25
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.