MISX:URKA

Stock Analysis Report

Executive Summary

Public Joint Stock Company Uralkali, together with its subsidiaries, engages in the extraction, production, and sale of potash fertilizers.

Snowflake

Fundamentals

Good value with moderate growth potential.


Similar Companies

Share Price & News

How has Uralkali's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

URKA

-1.0%

RU Chemicals

1.8%

RU Market


1 Year Return

36.8%

URKA

16.3%

RU Chemicals

15.3%

RU Market

Return vs Industry: URKA exceeded the Russian Chemicals industry which returned 16.3% over the past year.

Return vs Market: URKA exceeded the Russian Market which returned 15.3% over the past year.


Shareholder returns

URKAIndustryMarket
7 Day0%-1.0%1.8%
30 Day0%0.4%-1.4%
90 Day29.4%13.4%3.7%
1 Year36.8%36.8%27.7%16.3%23.7%15.3%
3 Year-28.7%-28.7%43.3%22.8%66.6%40.7%
5 Year-11.8%-13.7%170.6%119.3%166.2%109.1%

Price Volatility Vs. Market

How volatile is Uralkali's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

29.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: URKA (RUB119.04) is trading below our estimate of fair value (RUB168.44)

Significantly Undervalued: URKA is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: URKA is good value based on its PE Ratio (3.2x) compared to the Chemicals industry average (5.4x).

PE vs Market: URKA is good value based on its PE Ratio (3.2x) compared to the Russian market (6.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: URKA is good value based on its PB Ratio (1.4x) compared to the RU Chemicals industry average (1.5x).


Next Steps

Future Growth

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

20.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: URKA's forecast earnings growth (20.3% per year) is above the savings rate (8.4%).

Earnings vs Market: URKA's earnings (20.3% per year) are forecast to grow faster than the Russian market (4.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if URKA's revenue is forecast to grow faster than the Russian market.

High Growth Revenue: Insufficient data to determine if URKA's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if URKA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Uralkali performed over the past 5 years?

24.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: URKA's earnings have grown significantly by 24.5% per year over the past 5 years.

Accelerating Growth: URKA's earnings growth over the past year (73.8%) exceeds its 5-year average (24.5% per year).

Earnings vs Industry: URKA earnings growth over the past year (73.8%) underperformed the Chemicals industry 73.8%.


Return on Equity

High ROE: Whilst URKA's Return on Equity (43.59%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets

ROA vs Industry: URKA's Return on Assets is below or equal to the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: URKA has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Uralkali's financial position?


Financial Position Analysis

Short Term Liabilities: URKA's short term assets ($1.1B) do not cover its short term liabilities ($2.2B)

Long Term Liabilities: URKA's short term assets (1.1B) do not cover its long term liabilities (4.6B)


Debt to Equity History and Analysis

Debt Level: URKA's debt to equity ratio (304.2%) is considered high

Reducing Debt: URKA's debt to equity ratio has increased from 83.4% to 304.2% over the past 5 years.

Debt Coverage: URKA's debt is well covered by operating cash flow (20.1%).

Interest Coverage: URKA's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet

Inventory Level: URKA has a high level of physical assets or inventory.

Debt Coverage by Assets: URKA's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

  • Explore more healthy companies in the Materials industry.

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%3.1%markettop25%8.7%industryaverage8.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate URKA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate URKA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if URKA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if URKA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: URKA is not paying a notable dividend for the Russian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of URKA's dividend in 3 years as they are not forecast to pay a notable one for the Russian market.


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Dmitry Osipov (53yo)

5.8yrs

Tenure

0

Mr. Dmitry Vasilievich Osipov serves as Chief Executive Officer and General Director at Public Joint Stock Company Uralkali since January 2014 and since December 24, 2013 respectively. Mr. Osipov has been  ...


Management Age and Tenure

3.5yrs

Average Tenure

48yo

Average Age

Experienced Management: URKA's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

3.1yrs

Average Tenure

53yo

Average Age

Experienced Board: URKA's board of directors are considered experienced (3.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Anton Vishchanenko (40yo)

    CFO & Member of Management Board

    • Tenure: 5yrs
  • Dmitry Osipov (53yo)

    CEO, Chairman of the Management Board & Director

    • Tenure: 5.8yrs
  • Marina Shvetsova (47yo)

    Director of Legal & Corporate Affairs and Member of Management Board

    • Tenure: 14.8yrs
  • Yevgeny Kotlyar (61yo)

    Head of EuroChem Ore Mining Division

    • Tenure: 1.8yrs
  • Aleksandra Orlova

    Chief Accountant and Member of Audit Commission

    • Tenure: 0yrs
  • Andrey Sidorov (48yo)

    Head of Public Relations

    • Tenure: 0yrs
  • Anton Bazulev

    Head of Government Relations

    • Tenure: 3.5yrs
  • Vitaly Lauk (51yo)

    Chief Technical Officer & Member of Management Board

    • Tenure: 2.8yrs
  • Irina Konstantinova (41yo)

    Director of Human Resource & Member of Management Board

    • Tenure: 2.8yrs
  • Angelina Verba

    Head of Investor Relations & Capital Markets

    • Tenure: 0yrs

Board Members

  • Paul Ostling (71yo)

    Senior Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$14.24m
  • Sergey Chemezov (67yo)

    Independent Chairman of the Board

    • Tenure: 5.6yrs
  • Igor Bulantsev (50yo)

    Non-Executive Director

    • Tenure: 0.5yrs
  • Dmitry Osipov (53yo)

    CEO, Chairman of the Management Board & Director

    • Tenure: 5.8yrs
  • Daniel Wolfe (54yo)

    Independent Director

    • Tenure: 1.3yrs
  • Dmitry Mazepin (51yo)

    Deputy Chairman of the Board

    • Tenure: 5.6yrs
  • Dimitry Tatyanin (52yo)

    Non-Executive Director

    • Tenure: 3.1yrs
  • Luc Maene (73yo)

    Independent Director

    • Tenure: 3.3yrs
  • Aleksandra Orlova

    Chief Accountant and Member of Audit Commission

    • Tenure: 0yrs
  • Dmitry Lobiak (52yo)

    Deputy Chairman of the Board

    • Tenure: 1.8yrs

Company Information

Public Joint Stock Company Uralkali's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company Uralkali
  • Ticker: URKA
  • Exchange: MISX
  • Founded: 1930
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₽151.017b
  • Shares outstanding: 1.27b
  • Website: https://www.uralkali.com

Number of Employees


Location

  • Public Joint Stock Company Uralkali
  • 63 Pyatiletki Street
  • Berezniki
  • Permskaya obl.
  • 618426
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
URKAMISX (Micex - Rts)YesOrdinary SharesRURUBJan 2003
URAY.YOTCPK (Pink Sheets LLC)GDR EACH REPR 5 ORD 'REGS'USUSDOct 2007

Biography

Public Joint Stock Company Uralkali, together with its subsidiaries, engages in the extraction, production, and sale of potash fertilizers. It holds operating licenses for the extraction of potassium, magn ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 21:05
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.