MISX:UTAR

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Public Joint-Stock Company UTair Aviation provides passenger and cargo transportation services on domestic and international routes. More Details

Rewards

Earnings have grown 2.4% per year over the past 5 years

Risk Analysis

No risks detected for UTAR from our risk checks.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0.6%

UTAR

-0.6%

RU Airlines

0.6%

RU Market


1 Year Return

2.5%

UTAR

-57.5%

RU Airlines

-2.8%

RU Market

Return vs Industry: UTAR exceeded the Russian Airlines industry which returned -58.1% over the past year.

Return vs Market: UTAR exceeded the Russian Market which returned -4% over the past year.


Shareholder returns

UTARIndustryMarket
7 Day0.6%-0.6%0.6%
30 Day-3.1%-19.1%-3.2%
90 Day-2.8%-16.7%0.8%
1 Year2.5%2.5%-48.8%-57.5%2.3%-2.8%
3 Year-17.9%-17.9%-52.2%-64.8%45.3%23.6%
5 Year-29.6%-29.6%-41.6%-54.2%110.8%63.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is UTair Aviation undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: UTAR (RUB6.9) is trading above our estimate of fair value (RUB6.34)

Significantly Below Fair Value: UTAR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: UTAR is unprofitable, so we can't compare its PE Ratio to the XE Airlines industry average.

PE vs Market: UTAR is unprofitable, so we can't compare its PE Ratio to the Russian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UTAR has negative assets, so we can't compare its PB Ratio to the XE Airlines industry average.


Next Steps

Future Growth

How is UTair Aviation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

80.2%

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 UTair Aviation 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 UTair Aviation performed over the past 5 years?

2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UTAR is currently unprofitable.

Growing Profit Margin: UTAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: UTAR is unprofitable, but has reduced losses over the past 5 years at a rate of 2.4% per year.

Accelerating Growth: Unable to compare UTAR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UTAR is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-72.3%).


Return on Equity

High ROE: UTAR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is UTair Aviation's financial position?


Financial Position Analysis

Short Term Liabilities: UTAR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: UTAR 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: UTAR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: UTAR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable UTAR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: UTAR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.6% per year.


Next Steps

Dividend

What is UTair Aviation current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate UTAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate UTAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if UTAR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UTAR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: UTAR is not paying a notable dividend for the Russian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UTAR's dividend in 3 years as they are not forecast to pay a notable one for the Russian market.


Next Steps

Management

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

27.7yrs

Average management tenure


CEO

Andrey Martirosov (52 yo)

21.67yrs

Tenure

Mr. Andrey Zarmenovich Martirosov has been the Chief Executive Officer of Open Joint Stock Company UTair Aviation (UTair Aviation JSC) since 1999. Mr. Martirosov serves as the Chairman of the Executive Bo ...


Leadership Team

NamePositionTenureCompensationOwnership
Andrey Martirosov
Chairman of Executive Board21.67yrsno datano data
Igor Petrov
CFO, First Deputy CEOno datano datano data
Vasily Lebedinskiy
First Deputy Chief Executive Officer27.67yrsno datano data
Vladislav Kravchenko
First Deputy Chief Executive Officer27.67yrsno datano data
Andrey Ilmensky
First Deputy Chief Executive Officer and Member of Executive Board17.67yrsno datano data
Vladimir Demkin
Director of Personnel Training Center and Member of Executive Board27.67yrsno datano data
Viktor Bachurin
Deputy Chief Executive Officer27.67yrsno datano data
Vitaly Pozdnyakov
Deputy Chief Executive Officerno datano datano data
Alexander Stefanyuk
Deputy Chief Executive Officer10.08yrsno datano data
Oleg Bodin
Member of Executive Board and Chief Executive Officer of West Siberian Travel Agencyno datano datano data
Alexei Vinogradov
Member of Executive Board and President of Utair-Helicopter Servicesno datano datano data
Sergey Voloshin
Deputy Chief Executive Officerno datano datano data

27.7yrs

Average Tenure

60yo

Average Age

Experienced Management: UTAR's management team is seasoned and experienced (27.7 years average tenure).


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 UTair Aviation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint-Stock Company UTair Aviation
  • Ticker: UTAR
  • Exchange: MISX
  • Founded: 1992
  • Industry: Airlines
  • Sector: Transportation
  • Market Cap: ₽25.081b
  • Shares outstanding: 3.63b
  • Website: https://www.utair.ru

Location

  • Public Joint-Stock Company UTair Aviation
  • Aeroport
  • Surgut
  • Hanty-Mansiysky AO
  • 628422
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UTARMISX (Micex - Rts)YesOrdinary SharesRURUBJun 1999

Biography

Public Joint-Stock Company UTair Aviation provides passenger and cargo transportation services on domestic and international routes. It offers its services through aircraft and helicopters. The company was ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 21:09
End of Day Share Price2020/09/28 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.