Public Joint Stock Company Aeroflot - Russian Airlines, together with its subsidiaries, provides passenger and cargo air transportation services in Russia and internationally.
High growth potential and fair value.
Share Price & News
How has Aeroflot - Russian Airlines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AFLT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AFLT exceeded the Russian Airlines industry which returned -34.3% over the past year.
Return vs Market: AFLT underperformed the Russian Market which returned 1.3% over the past year.
Price Volatility Vs. Market
How volatile is Aeroflot - Russian Airlines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StExamining Public Joint Stock Company Aeroflot - Russian Airlines’s (MCX:AFLT) Weak Return On Capital Employed
4 weeks ago | Simply Wall StDid You Participate In Any Of Aeroflot - Russian Airlines' (MCX:AFLT) Fantastic 124% Return ?
1 month ago | Simply Wall StYou Have To Love Public Joint Stock Company Aeroflot - Russian Airlines's (MCX:AFLT) Dividend
Is Aeroflot - Russian Airlines undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AFLT (RUB86.6) is trading below our estimate of fair value (RUB310.53)
Significantly Below Fair Value: AFLT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AFLT is poor value based on its PE Ratio (8.6x) compared to the Airlines industry average (7x).
PE vs Market: AFLT is poor value based on its PE Ratio (8.6x) compared to the Russian market (8.5x).
Price to Earnings Growth Ratio
PEG Ratio: AFLT is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: AFLT has negative assets, so we can't compare its PB Ratio to the XE Airlines industry average.
How is Aeroflot - Russian Airlines forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AFLT's forecast earnings growth (31.8% per year) is above the savings rate (8.3%).
Earnings vs Market: AFLT's earnings (31.8% per year) are forecast to grow faster than the Russian market (12% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AFLT's revenue (7.1% per year) is forecast to grow faster than the Russian market (5.9% per year).
High Growth Revenue: AFLT's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AFLT's Return on Equity is forecast to be high in 3 years time (34.6%)
How has Aeroflot - Russian Airlines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AFLT has a large one-off gain of RUB4.6B impacting its December 31 2019 financial results.
Growing Profit Margin: AFLT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AFLT has become profitable over the past 5 years, growing earnings by 16.9% per year.
Accelerating Growth: AFLT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AFLT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Airlines industry (-17%).
Return on Equity
High ROE: Whilst AFLT's Return on Equity (692.92%) is outstanding, this metric is skewed due to their high level of debt.
How is Aeroflot - Russian Airlines's financial position?
Financial Position Analysis
Short Term Liabilities: AFLT's short term assets (RUB146.9B) do not cover its short term liabilities (RUB237.4B).
Long Term Liabilities: AFLT's short term assets (RUB146.9B) do not cover its long term liabilities (RUB694.0B).
Debt to Equity History and Analysis
Debt Level: AFLT's debt to equity ratio (809.8%) is considered high.
Reducing Debt: AFLT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AFLT's debt is well covered by operating cash flow (963.9%).
Interest Coverage: AFLT's interest payments on its debt are not well covered by EBIT (1.3x coverage).
What is Aeroflot - Russian Airlines's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AFLT's dividend (3.1%) isn’t notable compared to the bottom 25% of dividend payers in the Russian market (3.6%).
High Dividend: AFLT's dividend (3.1%) is low compared to the top 25% of dividend payers in the Russian market (9.01%).
Stability and Growth of Payments
Stable Dividend: AFLT's dividend payments have been volatile in the past 10 years.
Growing Dividend: AFLT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.8%), AFLT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AFLT's dividends in 3 years are forecast to be well covered by earnings (45.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vitaly Saveliev (65yo)
• 2009 – Present: General Manager, JSC “Aeroflot-Russian Airlines”, Moscow. 10 April 2009 – serves as Chief Executive Officer at OAO Aeroflot-Russian Airlines and serves as its Executive Director since 20 ...
|Chairman of Management Board||11.17yrs||₽3.62m||0.13% RUB116.4m|
|Deputy CEO of Commerce & Finance and Member of Management Board||1.83yrs||no data||no data|
|Deputy CEO of Administrative Mgmt. & Member of Management Board||no data||no data||no data|
|First Deputy CEO of Operations & Member of Management Board||2.42yrs||no data||0.00044% RUB405.0k|
|Deputy CEO of Information Technologies & Member of Management Board||no data||no data||no data|
|Deputy CEO||no data||no data||0.00012% RUB110.4k|
|Deputy CEO||no data||no data||0.000010% RUB9.2k|
|Director of Safety Management & Member of Management Board||no data||no data||no data|
|Deputy CEO for Legal & Property Matters & Member of Management Board||no data||no data||no data|
|Chief Accountant||no data||no data||no data|
Experienced Management: AFLT's management team is considered experienced (2.4 years average tenure).
|Chairman of Management Board||11.17yrs||₽3.62m||0.13% RUB116.4m|
|Independent Director||7.42yrs||₽7.11m||no data|
|Director||3yrs||no data||no data|
|Non-Executive Director||9yrs||₽5.88m||no data|
|Independent Director||6yrs||₽7.52m||no data|
|Non-Executive Director||6yrs||₽6.45m||no data|
|Non-Executive Director||5yrs||₽2.07m||no data|
|Independent Director||2.42yrs||no data||no data|
|Director||1.67yrs||no data||no data|
|Chairman of the Board||1.5yrs||no data||no data|
Experienced Board: AFLT's board of directors are considered experienced (5.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Public Joint Stock Company Aeroflot - Russian Airlines's company bio, employee growth, exchange listings and data sources
- Name: Public Joint Stock Company Aeroflot - Russian Airlines
- Ticker: AFLT
- Exchange: MISX
- Founded: 1923
- Industry: Airlines
- Sector: Transportation
- Market Cap: ₽92.038b
- Shares outstanding: 1.06b
- Website: https://www.aeroflot.ru
Number of Employees
- Public Joint Stock Company Aeroflot - Russian Airlines
- 10 Arbat Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AFLT||MISX (Micex - Rts)||Yes||Ordinary Shares||RU||RUB||May 1997|
|RU_AFLT||KAS (Kazakhstan Stock Exchange)||Yes||Ordinary Shares||KZ||KZT||May 1997|
|AETG||DB (Deutsche Boerse AG)||GDR EA REPR 5 ORD 144A||DE||EUR||Apr 2001|
Public Joint Stock Company Aeroflot - Russian Airlines, together with its subsidiaries, provides passenger and cargo air transportation services in Russia and internationally. It also offers other aviation-related services from Moscow Sheremetyevo Airport. In addition, the company provides airline catering, finance, and technical maintenance services, as well as operates a hotel. As of December 31, 2018, it operated a fleet of 366 aircraft. The company was founded in 1923 and is headquartered in Moscow, Russia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/03 23:20|
|End of Day Share Price||2020/06/03 00:00|
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.