MISX:NKHP

Stock Analysis Report

Novorossyisk Grain Plant

Executive Summary

Public Joint Stock Company Novorossyisk Grain Plant owns and operates grain terminals in Russia.


Snowflake Analysis

Good value with adequate balance sheet.

Share Price & News

How has Novorossyisk Grain Plant's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

1.7%

NKHP

-3.5%

RU Infrastructure

1.4%

RU Market


1 Year Return

-10.5%

NKHP

-35.3%

RU Infrastructure

-6.0%

RU Market

Return vs Industry: NKHP exceeded the Russian Infrastructure industry which returned -35.3% over the past year.

Return vs Market: NKHP underperformed the Russian Market which returned -6% over the past year.


Shareholder returns

NKHPIndustryMarket
7 Day1.7%-3.5%1.4%
30 Day-9.6%-26.5%-15.2%
90 Day-14.3%-37.5%-22.5%
1 Year-5.6%-10.5%-32.8%-35.3%0.5%-6.0%
3 Year58.2%25.3%-21.0%-28.1%32.0%11.4%
5 Yearn/a-3.0%-17.3%86.4%45.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Novorossyisk Grain Plant 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: NKHP (RUB213) is trading below our estimate of fair value (RUB480.42)

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


Price To Earnings Ratio

PE vs Industry: NKHP is good value based on its PE Ratio (7.2x) compared to the Infrastructure industry average (11.1x).

PE vs Market: NKHP is good value based on its PE Ratio (7.2x) compared to the Russian market (7.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NKHP is overvalued based on its PB Ratio (2.1x) compared to the XE Infrastructure industry average (1.1x).


Next Steps

Future Growth

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

4.7%

Forecasted Transportation 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 Novorossyisk Grain Plant 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.


Next Steps

Past Performance

How has Novorossyisk Grain Plant performed over the past 5 years?

14.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NKHP has high quality earnings.

Growing Profit Margin: NKHP's current net profit margins (16%) are lower than last year (22.9%).


Past Earnings Growth Analysis

Earnings Trend: NKHP's earnings have grown by 14.8% per year over the past 5 years.

Accelerating Growth: NKHP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NKHP had negative earnings growth (-37.9%) over the past year, making it difficult to compare to the Infrastructure industry average (6.9%).


Return on Equity

High ROE: NKHP's Return on Equity (29.6%) is considered high.


Next Steps

Financial Health

How is Novorossyisk Grain Plant's financial position?


Financial Position Analysis

Short Term Liabilities: NKHP's short term assets (RUB5.5B) exceed its short term liabilities (RUB3.2B).

Long Term Liabilities: NKHP's short term assets (RUB5.5B) exceed its long term liabilities (RUB3.9B).


Debt to Equity History and Analysis

Debt Level: NKHP's debt to equity ratio (73.2%) is considered high.

Reducing Debt: Insufficient data to determine if NKHP's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: NKHP's debt is well covered by operating cash flow (63.6%).

Interest Coverage: NKHP's interest payments on its debt are well covered by EBIT (9.9x coverage).


Balance Sheet

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

Debt Coverage by Assets: NKHP's debt is covered by short term assets (assets are 1.1x debt).


Next Steps

Dividend

What is Novorossyisk Grain Plant's current dividend yield, its reliability and sustainability?

11.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NKHP's dividend (11.62%) is higher than the bottom 25% of dividend payers in the Russian market (4.31%).

High Dividend: NKHP's dividend (11.62%) is in the top 25% of dividend payers in the Russian market (10.26%)


Stability and Growth of Payments

Stable Dividend: NKHP has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NKHP's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.8%), NKHP's dividend payments are well 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

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


CEO

Oleg Moliboga

no data

Tenure

Mr. Oleg Moliboga serves as Chief Executive Officer of Public Joint Stock Company Novorossyisk Grain Plant. 


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

Public Joint Stock Company Novorossyisk Grain Plant's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company Novorossyisk Grain Plant
  • Ticker: NKHP
  • Exchange: MISX
  • Founded:
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: ₽14.364b
  • Shares outstanding: 67.60m
  • Website: https://www.novoroskhp.ru

Location

  • Public Joint Stock Company Novorossyisk Grain Plant
  • 22 Elevatornaya Street
  • Novorossiysk
  • Krasnodarskiy kray
  • 353909
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NKHPMISX (Micex - Rts)YesOrdinary SharesRURUBDec 2015

Biography

Public Joint Stock Company Novorossyisk Grain Plant owns and operates grain terminals in Russia. The company provides grain cargo transshipment, warehouse, and berthing services. It also engages in processing wheat flour. The company is based in Novorossiysk, Russia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 00:12
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
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.