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 Analysis

Fair value with acceptable track record.


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

Stable Share Price: URKA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

URKA

2.4%

RU Chemicals

6.1%

RU Market


1 Year Return

36.5%

URKA

13.7%

RU Chemicals

3.5%

RU Market

Return vs Industry: URKA exceeded the Russian Chemicals industry which returned 12.1% over the past year.

Return vs Market: URKA exceeded the Russian Market which returned 0.4% over the past year.


Shareholder returns

URKAIndustryMarket
7 Day0%2.4%6.1%
30 Day0%6.3%4.9%
90 Day0%0.6%-15.1%
1 Year36.5%36.5%24.9%13.7%10.6%3.5%
3 Year-26.1%-26.1%46.7%25.0%53.1%29.2%
5 Year-27.2%-27.2%109.6%67.2%104.8%60.3%

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?

1.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: URKA (RUB119.04) is trading above our estimate of fair value (RUB47.55)

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


Price To Earnings Ratio

PE vs Industry: URKA is good value based on its PE Ratio (1.7x) compared to the Chemicals industry average (7.1x).

PE vs Market: URKA is good value based on its PE Ratio (1.7x) compared to the Russian market (7.7x).


Price to Earnings Growth Ratio

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 (1x) compared to the RU Chemicals industry average (1.4x).


Next Steps

Future Growth

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

11.6%

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 Uralkali 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.


Next Steps

Past Performance

How has Uralkali performed over the past 5 years?

30.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: URKA has high quality earnings.

Growing Profit Margin: URKA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: URKA has become profitable over the past 5 years, growing earnings by 30.8% per year.

Accelerating Growth: URKA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: URKA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (52.1%).


Return on Equity

High ROE: Whilst URKA's Return on Equity (57.3%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Uralkali's financial position?


Financial Position Analysis

Short Term Liabilities: URKA's short term assets ($1.3B) do not cover its short term liabilities ($1.9B).

Long Term Liabilities: URKA's short term assets ($1.3B) do not cover its long term liabilities ($5.2B).


Debt to Equity History and Analysis

Debt Level: URKA's debt to equity ratio (252.6%) is considered high.

Reducing Debt: URKA's debt to equity ratio has increased from 232.2% to 252.6% over the past 5 years.

Debt Coverage: URKA's debt is not well covered by operating cash flow (14%).

Interest Coverage: URKA's interest payments on its debt are well covered by EBIT (26.7x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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.


Stability and Growth of Payments

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

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Dmitry Osipov (53yo)

6.33s

Tenure

Mr. Dmitry Vasilievich Osipov serves as Chief Executive Officer at Public Joint Stock Company Uralkali since December 24, 2013. Mr. Osipov has been Chairman of the Management Board at Public Joint Stock Co ...


Leadership Team

NamePositionTenureCompensationOwnership
Dmitry Osipov
CEO, Chairman of Management Board & Director6.33yrsno datano data
Anton Vishchanenko
CFO & Member of Management Board5.5yrsno datano data
Marina Shvetsova
Director of Legal & Corporate Affairs and Member of Management Board15.25yrsno datano data
Vitaly Lauk
CTO, Technical Director & Member of Management Board3.25yrsno datano data
Irina Konstantinova
HR Director & Member of Management Board3.25yrsno datano data
Dmitrii Boyarkin
Procurement Director & Member of Management Board1.25yrsno datano data
Igor Senokosov
Capital Construction Director & Member of Management Board1.25yrsno datano data
Eduard Smirnov
Director for Subsoil Management & Member of Management Board1.25yrsno datano data
Aleksandra Orlova
Chief Accountant and Member of Audit Commissionno datano datano data
E. Kalinina
Chief Accountantno datano datano data

3.3yrs

Average Tenure

46yo

Average Age

Experienced Management: URKA's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dmitry Osipov
CEO, Chairman of Management Board & Director6.33yrsno datano data
Aleksandra Orlova
Chief Accountant and Member of Audit Commissionno datano datano data
Paul Ostling
Senior Independent Director2.25yrsUS$14.24mno data
Sergey Chemezov
Independent Chairman of the Board6.08yrsno datano data
Igor Bulantsev
Non-Executive Director1yrno datano data
Daniel Wolfe
Independent Director1.83yrsno datano data
Dmitry Mazepin
Deputy Chairman of the Board6.08yrsno datano data
Dimitry Tatyanin
Non-Executive Director3.58yrsno datano data
Luke Mark Maene
Independent Director3.83yrsno datano data
Dmitry Lobiak
Deputy Chairman of the Board2.25yrsno datano data

3.6yrs

Average Tenure

53yo

Average Age

Experienced Board: URKA's board of directors are considered experienced (3.6 years average tenure).


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 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: ₽151.012b
  • 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
RU_URKAKAS (Kazakhstan Stock Exchange)YesOrdinary SharesKZKZTJan 2003
URAY.YOTCPK (Pink Sheets LLC)GDR EACH REPR 5 ORD REGSUSUSDOct 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, magnesium, and sodium salts from the Durimanskiy, Bigelsko-Troitsky, Solikamskiy, Novo-Solikamskiy, and Romanovskoye plots of the Verkhnekamskoye field. The company also owns a license for the Ust'-Yaivinskiy plot and the Polovodovskiy plot of the Verkhnekamskoye field. It produces standard and granular muriate of potash; and carnallite and sodium chloride. In addition, the company provides construction, repair and maintenance, transportation, sea terminal, scientific institute, and trading services. It has operations in Russia, China, India, Southeast Asia, Latin America, the United States, Europe, and other countries. The company was founded in 1930 and is based in Berezniki, Russia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 21:16
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.