MISX:OPIN

Stock Analysis Report

Executive Summary

JSC OPIN, together with its subsidiaries, engages in investing in, developing, managing, and disposing real estate projects in Russia.

Rewards


Snowflake Analysis

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-3.1%

OPIN

1.1%

RU Real Estate

6.8%

RU Market


1 Year Return

-1.2%

OPIN

-5.5%

RU Real Estate

0.5%

RU Market

Return vs Industry: OPIN exceeded the Russian Real Estate industry which returned -7.4% over the past year.

Return vs Market: OPIN underperformed the Russian Market which returned 0.4% over the past year.


Shareholder returns

OPINIndustryMarket
7 Day-3.1%1.1%6.8%
30 Day9.4%-15.1%-3.2%
90 Day-3.4%-17.1%-16.4%
1 Year-1.2%-1.2%-2.9%-5.5%7.5%0.5%
3 Year94.7%94.7%20.8%9.8%48.9%25.5%
5 Year276.1%276.1%44.4%21.4%104.8%60.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OPIN (RUB771) is trading below our estimate of fair value (RUB5863.36)

Significantly Below Fair Value: OPIN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OPIN is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: OPIN is unprofitable, so we can't compare its PE Ratio to the Russian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OPIN is overvalued based on its PB Ratio (3.2x) compared to the XE Real Estate industry average (0.9x).

Future Growth

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

-11.5%

Forecasted Real Estate 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 INGRAD 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.

Past Performance

How has INGRAD performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OPIN is currently unprofitable.

Growing Profit Margin: OPIN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OPIN is unprofitable, but has reduced losses over the past 5 years at a rate of 5.3% per year.

Accelerating Growth: Unable to compare OPIN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OPIN is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (6.7%).


Return on Equity

High ROE: OPIN has a negative Return on Equity (-41.94%), as it is currently unprofitable.

Financial Health

How is INGRAD's financial position?


Financial Position Analysis

Short Term Liabilities: OPIN's short term assets (RUB104.0B) exceed its short term liabilities (RUB67.8B).

Long Term Liabilities: OPIN's short term assets (RUB104.0B) exceed its long term liabilities (RUB49.8B).


Debt to Equity History and Analysis

Debt Level: OPIN's debt to equity ratio (665%) is considered high.

Reducing Debt: OPIN's debt to equity ratio has increased from 51.3% to 665% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if OPIN has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if OPIN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate OPIN'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 OPIN's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

Management

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

3.2yrs

Average board tenure


CEO

Pavel Cherkasov

no data

Tenure

Mr. Pavel Cherkasov serves as General Director at Public Joint Stock Company "INGRAD". He had been a Director of Public Joint Stock Company Open Investments since June 2017. 


Board Members

NamePositionTenureCompensationOwnership
Pavel Nezhutin
Independent Director3.17yrsno datano data
Marina Nastashkina
Chairman of the Board3.17yrsno datano data
Stepanenko Aleksey
Director3.17yrsno datano data

3.2yrs

Average Tenure

Experienced Board: OPIN's board of directors are considered experienced (3.2 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 been diluted in the past year, with total shares outstanding growing by 16.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Public Joint Stock Company "INGRAD"
  • Ticker: OPIN
  • Exchange: MISX
  • Founded: 2002
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: ₽31.781b
  • Shares outstanding: 41.22m
  • Website: https://www.opin.ru

Location

  • Public Joint Stock Company "INGRAD"
  • Tverskoy Boulevard, 13, p.1
  • Moscow
  • 123104
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OPINMISX (Micex - Rts)YesOrdinary SharesRURUBNov 2004

Biography

JSC OPIN, together with its subsidiaries, engages in investing in, developing, managing, and disposing real estate projects in Russia. It focuses on office buildings, large-scale residential communities, middle-class residential real estate, and retail centers and hotels. The company’s property portfolio comprises Pavlovo project, Pavlovo Podvorye project, Pavlovo I project, Domnikov project, Pestovo project, Martemianovo project, Sochi Hotel and Residential Complex, Lukino project, Gorki-10 project, Lukino project, Large Pestovo project, and Zavidovo project, as well as project assets in Klinsky district, Dmitrovsky district, and Tver region. It also engages in the production and distribution of fabricated homes, as well as provides hotel services. JSC OPIN serves contractors, buyers/sellers of property, tenants, and banks. The company was founded in 2002 and is based in Moscow, the Russian Federation. JSC OPIN, together with its subsidiaries, engages in investing in, developing, managing, and disposing real estate projects in Russia. It focuses on office buildings, large-scale residential communities, middle-class residential real estate, and retail centers and hotels. The company’s property portfolio comprises Pavlovo project, Pavlovo Podvorye project, Pavlovo I project, Domnikov project, Pestovo project, Martemianovo project, Sochi Hotel and Residential Complex, Lukino project, Gorki-10 project, Lukino project, Large Pestovo project, and Zavidovo project, as well as project assets in Klinsky district, Dmitrovsky district, and Tver region. It also engages in the production and distribution of fabricated homes, as well as provides hotel services. JSC OPIN serves contractors, buyers/sellers of property, tenants, and banks. The company was founded in 2002 and is based in Moscow, the Russian Federation. Public Joint Stock Company "INGRAD" operates as a subsidiary of Limited Liability Company Concern ROSSIUM 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 23:26
End of Day Share Price2020/04/07 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.