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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AFLT exceeded the Russian Airlines industry which returned -52.1% over the past year.
Return vs Market: AFLT underperformed the Russian Market which returned -2.7% 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
3 weeks ago | Simply Wall StAnalysts Just Slashed Their Public Joint Stock Company Aeroflot - Russian Airlines (MCX:AFLT) Earnings Forecasts
4 weeks ago | Simply Wall StShould You Think About Buying Public Joint Stock Company Aeroflot - Russian Airlines (MCX:AFLT) Now?
1 month ago | Simply Wall StExamining Public Joint Stock Company Aeroflot - Russian Airlines’s (MCX:AFLT) Weak Return On Capital Employed
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 (RUB81.4) is trading below our estimate of fair value (RUB355.57)
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 (11.3x) compared to the XE Airlines industry average (9.8x).
PE vs Market: AFLT is poor value based on its PE Ratio (11.3x) compared to the Russian market (8x).
Price to Earnings Growth Ratio
PEG Ratio: AFLT is good value based on its PEG Ratio (0.2x)
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 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AFLT's forecast earnings growth (71.9% per year) is above the savings rate (8.3%).
Earnings vs Market: AFLT's earnings (71.9% per year) are forecast to grow faster than the Russian market (3.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AFLT's revenue (18.6% per year) is forecast to grow faster than the Russian market (1.8% per year).
High Growth Revenue: AFLT's revenue (18.6% 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 very high in 3 years time (91.7%).
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 RUB3.8B impacting its March 31 2020 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 -18.9% 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 (-20.8%).
Return on Equity
High ROE: AFLT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Aeroflot - Russian Airlines's financial position?
Financial Position Analysis
Short Term Liabilities: AFLT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AFLT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AFLT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AFLT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AFLT's debt is well covered by operating cash flow (264.9%).
Interest Coverage: AFLT's interest payments on its debt are not well covered by EBIT (1.2x 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 (3.3%) isn’t notable compared to the bottom 25% of dividend payers in the Russian market (4.02%).
High Dividend: AFLT's dividend (3.3%) is low compared to the top 25% of dividend payers in the Russian market (9.04%).
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 (37.3%), 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 (44% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Vitaly Saveliev (66yo)
Mr. Vitaly Gennadievich Saveliev serves as Chief Executive Officer and General Director at OAO Aeroflot-Russian Airlines 10 April 2009 and serves as its Executive Director since 2009 and served as its Gene ...
|Chairman of Management Board||11.25yrs||₽3.62m||0.13% RUB109.3m|
|Independent Director||7.5yrs||₽7.11m||no data|
|Director||3.08yrs||no data||no data|
|Non-Executive Director||9.08yrs||₽5.88m||no data|
|Independent Director||6.08yrs||₽7.52m||no data|
|Non-Executive Director||6.08yrs||₽6.45m||no data|
|Non-Executive Director||5.08yrs||₽2.07m||no data|
|Non-Executive Director||1.08yrs||no data||no data|
|Independent Non-Executive Director||2.5yrs||no data||no data|
|Chairman of the Board||1.58yrs||no data||no data|
Experienced Board: AFLT's board of directors are considered experienced (5.6 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: ₽86.406b
- Shares outstanding: 1.06b
- Website: https://www.aeroflot.ru
Number of Employees
- Public Joint Stock Company Aeroflot - Russian Airlines
- 1 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)||SPON GDR 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 services from Moscow Sheremetyevo Airport. In addition, the company provides airline catering, finance, education, and technical maintenance services, as well as operates a hotel. As of December 31, 2019, it operated a fleet of 359 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||2020/07/11 20:53|
|End of Day Share Price||2020/07/10 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.