Announcement • Jun 01
PJSC LSR Group, Annual General Meeting, Jun 30, 2026 PJSC LSR Group, Annual General Meeting, Jun 30, 2026. Announcement • Mar 17
PJSC LSR Group, Annual General Meeting, Apr 18, 2025 PJSC LSR Group, Annual General Meeting, Apr 18, 2025. Location: saint petersburg Russia Announcement • Aug 30
PJSC LSR Group to Report First Half, 2022 Results on Aug 29, 2022 PJSC LSR Group announced that they will report first half, 2022 results on Aug 29, 2022 Announcement • Jun 28
LSR Group Global Depositary Receipts - Sponsored to Be Deleted from Other OTC PJSC LSR Group Global Depositary Receipts - Sponsored will be deleted from Other OTC effective June 28, 2022. The deletion is due to ADR /GDR Program Terminated. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 17% share price gain to ₽585, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Real Estate industry in Europe. Total loss to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₽344 per share. Buying Opportunity • May 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be ₽620, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is forecast to decline by 9.6% per annum over the same time period. Buying Opportunity • May 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 30%. The fair value is estimated to be ₽625, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is forecast to decline by 9.6% per annum over the same time period. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Chairman of the Board of Directors Viktor Zubkov was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 14
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be ₽621, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is forecast to decline by 9.6% per annum over the same time period. Major Estimate Revision • Apr 01
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₽125.2b to ₽104.6b. EPS estimate unchanged from ₽108 per share at last update. Real Estate industry in Russian Federation expected to see average net income decline 24% next year. Consensus price target broadly unchanged at ₽715. Share price rose 8.6% to ₽565 over the past week. Announcement • Mar 31
PJSC LSR Group, Annual General Meeting, Apr 29, 2022 PJSC LSR Group, Annual General Meeting, Apr 29, 2022. Agenda: To consider approval of the Company's 2021 Annual Report; to consider approval of the Company's 2021 Annual Financial Statements; to consider distribution of the Company's profit for the 2021 fiscal year; to consider determination of the number of members of the Company's Board of Directors; to consider election of the members to the Company's Board of Directors; to consider election of the members to the Company's Internal Audit Commission; to consider approval of Company's auditors for 2022; and to consider other matters. Reported Earnings • Mar 28
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: ₽171 (up from ₽120 in FY 2020). Revenue: ₽130.5b (up 11% from FY 2020). Net income: ₽16.3b (up 35% from FY 2020). Profit margin: 13% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Over the next year, revenue is forecast to stay flat compared to a 4.3% decline forecast for the industry in Russia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Mar 28
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Chairman of the Board of Directors Viktor Zubkov was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 23
PJSC LSR Group to Report Fiscal Year 2021 Results on Mar 24, 2022 PJSC LSR Group announced that they will report fiscal year 2021 results on Mar 24, 2022 Major Estimate Revision • Mar 09
Consensus EPS estimates increase by 24% The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₽119.0b to ₽120.9b. EPS estimate increased from ₽117 to ₽145 per share. Net income forecast to shrink 19% next year vs 19% decline forecast for Real Estate industry in Russian Federation. Consensus price target down from ₽794 to ₽714. Share price was steady at ₽520 over the past week. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 38% share price decline to ₽461, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Real Estate industry in Europe. Total loss to shareholders of 9.5% over the past three years. Price Target Changed • Feb 03
Price target decreased to ₽794 Down from ₽856, the current price target is an average from 6 analysts. New target price is 15% above last closing price of ₽688. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₽117 for next year compared to ₽120 last year. Announcement • Jan 20
PJSC LSR Group (MISX:LSRG) acquired GORKI 10. PJSC LSR Group (MISX:LSRG) acquired GORKI 10 on January 18, 2022.
PJSC LSR Group (MISX:LSRG) completed the acquisition of GORKI 10 on January 18, 2022. Board Change • Jan 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Chairman of the Board of Directors Viktor Zubkov was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Dec 17
Price target decreased to ₽856 Down from ₽936, the current price target is an average from 6 analysts. New target price is 45% above last closing price of ₽590. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₽117 for next year compared to ₽120 last year. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₽597, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Real Estate industry in Europe. Total returns to shareholders of 25% over the past three years. Price Target Changed • Nov 22
Price target decreased to ₽936 Down from ₽1,013, the current price target is an average from 5 analysts. New target price is 31% above last closing price of ₽716. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₽117 for next year compared to ₽120 last year. Reported Earnings • Sep 01
First half 2021 earnings released: EPS ₽56.83 (vs ₽25.68 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: ₽54.8b (up 14% from 1H 2020). Net income: ₽5.69b (up 121% from 1H 2020). Profit margin: 10% (up from 5.3% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Price Target Changed • Aug 21
Price target decreased to ₽1,030 Down from ₽1,114, the current price target is an average from 5 analysts. New target price is 33% above last closing price of ₽772. Stock is up 0.3% over the past year. Board Change • Aug 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Natalia Nikiforova was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Aug 13
PJSC LSR Group (DB:3LSA) acquired 94.12% stake in Volna Sanatorium Company. PJSC LSR Group (DB:3LSA) acquired 94.12% stake in Volna Sanatorium Company on August 9, 2021.
PJSC LSR Group (DB:3LSA) completed the acquisition of 94.12% stake in Volna Sanatorium Company on August 9, 2021. Announcement • Jul 22
LSR Group Applies to Financial Conduct Authority for the GDRs to Be Removed from the Official List PJSC LSR Group announced the results of tender offer to purchase its Regulation S (ISIN US50218G2066) and Rule 144A (ISIN US50218G1076) global depositary receipts, representing interests in the Company's ordinary shares (the "GDRs"), at the price of $2.11 per one GDR (the "Tender Offer"). The Tender Offer is undertaken by AO STROIKORPORACIYA, a wholly owned subsidiary of the Company, for cash. As announced on 21 June 2021, the Company applied to the Financial Conduct Authority for the GDRs to be removed from the Official List of the Financial Conduct Authority and to the London Stock Exchange (the "LSE") for trading in the GDRs to be cancelled with effect from 2 August 2021 (the "Delisting"). The Company engaged VTB Capital plc as financial advisor to the Company to assist with evaluation of issues related to the Tender Offer and the Delisting. Announcement • Jun 05
PJSC LSR Group (LSE:LSRG) acquired an 87.18% stake in Sanatorium Sestroretskiy Kurort. PJSC LSR Group (LSE:LSRG) acquired an 87.18% stake in Sanatorium Sestroretskiy Kurort on June 4, 2021.
PJSC LSR Group (LSE:LSRG) completed the acquisition of an 87.18% stake in Sanatorium Sestroretskiy Kurort on June 4, 2021. Announcement • Apr 30
PJSC LSR Group Approves Dividend Distribution for the Year 2020, Payable on 25 May 2021 The Board of Directors of PJSC LSR Group at its Annual General Meeting of Shareholders held on April 29, 2021 approved a dividend distribution in the amount of RUB 4,018,178,385 based on the results of 2020 financial year. Shareholders registered at the record date of 11 May 2021 will be entitled to receive a dividend payment. The following dates were set for the dividend payments: for nominee shareholders and professional securities market participants - 25 May 2021; for other registered shareholders - 16 June 2021. Announcement • Mar 19
PJSC LSR Group to Report Fiscal Year 2020 Results on Mar 22, 2021 PJSC LSR Group announced that they will report fiscal year 2020 results on Mar 22, 2021 