| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
QIWI Stock Overview
Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russia, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally.
QIWI Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$635.50 |
| 52 Week High | US$1,122.50 |
| 52 Week Low | US$567.50 |
| Beta | 0.70 |
| 1 Month Change | 1.93% |
| 3 Month Change | -7.77% |
| 1 Year Change | -43.13% |
| 3 Year Change | -36.45% |
| 5 Year Change | -21.15% |
| Change since IPO | -53.10% |
Recent News & Updates
Shareholder Returns
| QIWI | RU IT | RU Market | |
|---|---|---|---|
| 7D | 0.9% | -0.9% | -1.5% |
| 1Y | -43.1% | 22.7% | 30.5% |
Return vs Industry: QIWI underperformed the Russian IT industry which returned 19% over the past year.
Return vs Market: QIWI underperformed the Russian Market which returned 27.7% over the past year.
Price Volatility
| QIWI volatility | |
|---|---|
| QIWI Average Weekly Movement | 3.7% |
| IT Industry Average Movement | 5.2% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in RU Market | 11.4% |
| 10% least volatile stocks in RU Market | 2.3% |
Stable Share Price: QIWI is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: QIWI's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 2,865 | Andrey Protopopov | https://www.qiwi.com |
Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russia, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally. It operates through Payment Services, Consumer Financial Services, and Rocketbank segments. The company offers payment services across online, mobile, and physical channels through a network of approximately 94,000 kiosks and 19,000 terminals that run its proprietary software.
QIWI Fundamentals Summary
| QIWI fundamental statistics | |
|---|---|
| Market Cap | ₽39.36b |
| Earnings (TTM) | ₽15.77b |
| Revenue (TTM) | ₽42.75b |
2.5x
P/E Ratio0.9x
P/S RatioIs QIWI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QIWI income statement (TTM) | |
|---|---|
| Revenue | ₽42.75b |
| Cost of Revenue | ₽25.29b |
| Gross Profit | ₽17.46b |
| Expenses | ₽1.69b |
| Earnings | ₽15.77b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 252.65 |
| Gross Margin | 40.84% |
| Net Profit Margin | 36.89% |
| Debt/Equity Ratio | 14.4% |
How did QIWI perform over the long term?
See historical performance and comparisonDividends
12.4%
Current Dividend Yield33%
Payout RatioDoes QIWI pay a reliable dividends?
See QIWI dividend history and benchmarks| QIWI dividend dates | |
|---|---|
| Ex Dividend Date | Dec 03 2021 |
| Dividend Pay Date | Dec 14 2021 |
| Days until Ex dividend | 2 days |
| Days until Dividend pay date | 13 days |
Does QIWI pay a reliable dividends?
See QIWI dividend history and benchmarksValuation
Is QIWI 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: QIWI (RUB627) is trading below our estimate of fair value (RUB1550.81)
Significantly Below Fair Value: QIWI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QIWI is good value based on its PE Ratio (2.5x) compared to the European IT industry average (25.4x).
PE vs Market: QIWI is good value based on its PE Ratio (2.5x) compared to the Russian market (8.4x).
Price to Earnings Growth Ratio
PEG Ratio: QIWI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: QIWI is good value based on its PB Ratio (0.9x) compared to the XE IT industry average (3.6x).
Future Growth
How is QIWI forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-3.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QIWI's earnings are forecast to decline over the next 3 years (-3.8% per year).
Earnings vs Market: QIWI's earnings are forecast to decline over the next 3 years (-3.8% per year).
High Growth Earnings: QIWI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: QIWI's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: QIWI's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QIWI's Return on Equity is forecast to be low in 3 years time (16.7%).
Past Performance
How has QIWI performed over the past 5 years?
34.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QIWI has a large one-off gain of RUB6.2B impacting its September 30 2021 financial results.
Growing Profit Margin: QIWI's current net profit margins (36.9%) are higher than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: QIWI's earnings have grown significantly by 34% per year over the past 5 years.
Accelerating Growth: QIWI's earnings growth over the past year (152.6%) exceeds its 5-year average (34% per year).
Earnings vs Industry: QIWI earnings growth over the past year (152.6%) exceeded the IT industry 25.5%.
Return on Equity
High ROE: QIWI's Return on Equity (38.5%) is considered high.
Financial Health
How is QIWI's financial position?
Financial Position Analysis
Short Term Liabilities: QIWI's short term assets (RUB64.4B) exceed its short term liabilities (RUB29.7B).
Long Term Liabilities: QIWI's short term assets (RUB64.4B) exceed its long term liabilities (RUB7.5B).
Debt to Equity History and Analysis
Debt Level: QIWI has more cash than its total debt.
Reducing Debt: QIWI's debt to equity ratio has increased from 0.06% to 14.4% over the past 5 years.
Debt Coverage: QIWI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: QIWI's interest payments on its debt are well covered by EBIT (361.1x coverage).
Balance Sheet
Dividend
What is QIWI current dividend yield, its reliability and sustainability?
12.37%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: QIWI's dividend (12.52%) is higher than the bottom 25% of dividend payers in the Russian market (2.98%).
High Dividend: QIWI's dividend (12.52%) is in the top 25% of dividend payers in the Russian market (8.11%)
Stability and Growth of Payments
Stable Dividend: QIWI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: QIWI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), QIWI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: QIWI's dividends in 3 years are forecast to be covered by earnings (51.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Andrey Protopopov (39 yo)
0.42
Tenure
Mr. Andrey Protopopov serves as Chief Executive Officer and Director at QIWI plc since June 02, 2021 and served as its Chief Executive Officer of Payment Services from August 2019 to June 02, 2021. Mr. Pro...
Leadership Team
Experienced Management: QIWI's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Experienced Board: QIWI's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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
QIWI plc's employee growth, exchange listings and data sources
Key Information
- Name: QIWI plc
- Ticker: QIWI
- Exchange: MISX
- Founded: 2007
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$530.038m
- Listing Market Cap: US$39.364b
- Shares outstanding: 62.43m
- Website: https://www.qiwi.com
Number of Employees
Location
- QIWI plc
- Kennedy Business Centre
- 2nd floor
- Nicosia
- 1087
- Cyprus
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/30 18:04 |
| End of Day Share Price | 2021/11/30 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.