MISX:TTLK

Stock Analysis Report

Executive Summary

Tattelecom Public Joint-Stock Company provides telecommunications services for business and home clients in the Republic of Tatarstan.

Snowflake

Fundamentals

Undervalued with proven track record and pays a dividend.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.1%

TTLK

-1.2%

RU Telecom

1.4%

RU Market


1 Year Return

7.5%

TTLK

15.1%

RU Telecom

12.6%

RU Market

Return vs Industry: TTLK underperformed the Russian Telecom industry which returned 15.1% over the past year.

Return vs Market: TTLK underperformed the Russian Market which returned 12.6% over the past year.


Share holder returns

TTLKIndustryMarket
7 Day-1.1%-1.2%1.4%
30 Day-3.4%-2.9%-2.5%
90 Day-2.4%-0.5%-0.6%
1 Year17.7%7.5%26.0%15.1%20.5%12.6%
3 Year60.5%25.9%78.9%38.2%62.8%37.6%
5 Year75.1%23.0%79.8%25.9%159.1%103.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Tattelecom undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: TTLK (RUB0.19) is trading below our estimate of fair value (RUB0.64)

Significantly Undervalued: TTLK is trading below fair value by more than 20%.


Price Based on Earnings

PE vs Industry: TTLK is good value based on its PE Ratio (6.1x) compared to the Telecom industry average (10.6x).

PE vs Market: TTLK is good value based on its PE Ratio (6.1x) compared to the Russian market (6.7x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: TTLK is good value based on its PB Ratio (0.6x) compared to the RU Telecom industry average (0.7x).


Next Steps

Future Growth

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

5.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: TTLK's forecast earnings growth (5.6% per year) is below the savings rate (8.4%).

Earnings vs Market: TTLK's earnings (5.6% per year) are forecast to grow faster than the Russian market (4.8% per year).

High Growth Earnings: TTLK's earnings are forecast to grow, but not significantly.

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

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


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Tattelecom performed over the past 5 years?

59.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TTLK's earnings have grown significantly by 59.2% per year over the past 5 years.

Accelerating Growth: TTLK's earnings growth over the past year (145.9%) exceeds its 5-year average (59.2% per year).

Earnings vs Industry: TTLK earnings growth over the past year (145.9%) underperformed the Telecom industry 145.9%.


Return on Equity

High ROE: TTLK's Return on Equity (10.6%) is considered low.


Return on Assets

ROA vs Industry: TTLK has a higher Return on Assets than the Telecom industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Tattelecom's financial position?


Financial Position Analysis

Short Term Liabilities: TTLK's short term assets (RUB2.6B) exceeds its short term liabilities (RUB2.5B)

Long Term Liabilities: TTLK's short term assets (2.6B) do not cover its long term liabilities (4.0B)


Debt to Equity History and Analysis

Debt Level: TTLK's debt to equity ratio (46.7%) is considered high

Reducing Debt: TTLK's debt to equity ratio has increased from 34.1% to 46.7% over the past 5 years.

Debt Coverage: TTLK's debt is well covered by operating cash flow (81.2%).

Interest Coverage: TTLK's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet

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

Debt Coverage by Assets: TTLK's debt is not covered by short term assets (assets are 1x debt).


Next Steps

Dividend

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

10.33%

Current Dividend Yield


Dividend Yield vs Market

company10.3%marketbottom25%3.2%markettop25%8.8%industryaverage4.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: TTLK's dividend (10.33%) is higher than the bottom 25% of dividend payers in the Russian market (3.16%).

High Dividend: TTLK's dividend (10.33%) is in the top 25% of dividend payers in the Russian market (8.82%)

Stable Dividend: TTLK's dividend payments have been volatile in the past 10 years.

Growing Dividend: TTLK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63%), TTLK's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Lutfulla Shafigullin 0

0yrs

Tenure

0

Mr. Lutfulla Nurislamovich Shafigullin serves as Deputy Chairman and Director General of Public Joint Stock Company Tattelecom and has been its Director since June 21, 2007. 


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

  • Lutfulla Shafigullin

    Deputy Chairman and Director General

    • Tenure: 0yrs
  • L. Safina

    Head of IFRS Department

    • Tenure: 0yrs
  • M. Agafonova

    Financial Director

    • Tenure: 0yrs
  • Abdullah Rakhmatullin

    Deputy General Director of Technical Affairs

    • Tenure: 0yrs
  • Dmitriy Vandyukov

    Head of Kazan Telecommunications Operations and Deputy General Director

    • Tenure: 0yrs
  • Rafael Galeev

    Deputy General Director and Head of Naberezhnye-Chelny Electric Zone Centre

    • Tenure: 0yrs
  • Ramil Garifullin

    Head of Almetyevsk Electric Zone Centre and Deputy General Director

    • Tenure: 0yrs
  • Evgeniy Adreev

    Head of Arsk Electric Zone Centre and Deputy Director General

    • Tenure: 0yrs
  • P. Belov

    Head of Buinsk Branch

    • Tenure: 0yrs
  • N. Shakirov

    Head of Exploitation and Development of Communication Connections

    • Tenure: 0yrs

Board Members

  • Valery Sorokin (55yo)

    Chairman

    • Tenure: 0yrs
  • Lutfulla Shafigullin

    Deputy Chairman and Director General

    • Tenure: 0yrs
  • Sergey Alekseev

    Director

    • Tenure: 12.3yrs
  • Albert Nafigin

    Director

    • Tenure: 0yrs
  • Yury Bagrov

    Director

    • Tenure: 0yrs
  • Tychkova Rilyevna

    Member of Audit Commission

    • Tenure: 0yrs
  • Sergey Korostelev

    Director

    • Tenure: 0yrs
  • Minullin Rimovich

    Member of Audit Commission

    • Tenure: 0yrs
  • Apreleva Viktorovna

    Member of Audit Commission

    • Tenure: 0yrs
  • Denis Sotov

    Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Tattelecom Public Joint-Stock Company
  • Ticker: TTLK
  • Exchange: MISX
  • Founded:
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: RUруб3.812b
  • Shares outstanding: 20.39b
  • Website: https://www.tattelecom.ru

Location

  • Tattelecom Public Joint-Stock Company
  • st. N. Ershova, 57
  • Kazan
  • Tatarstan
  • 420061
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TTLKMISX (Micex - Rts)YesUsual SharesRURUBJul 2006

Biography

Tattelecom Public Joint-Stock Company provides telecommunications services for business and home clients in the Republic of Tatarstan. It offers local and zonal telephone communication, high-speed Internet ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 21:10
End of Day Share Price2019/10/14 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.

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