MISX:ASSB

Stock Analysis Report

Astrakhan Power Sale Company

Executive Summary

Astrakhan Power Sale Company Public Joint Stock Company supplies power primarily in Russia.

Snowflake

Fundamentals

Good value with mediocre balance sheet.

Share Price & News

How has Astrakhan Power Sale Company's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.5%

ASSB

2.6%

RU Electric Utilities

2.7%

RU Market


1 Year Return

19.0%

ASSB

20.0%

RU Electric Utilities

19.7%

RU Market

Return vs Industry: ASSB exceeded the Russian Electric Utilities industry which returned 20% over the past year.

Return vs Market: ASSB exceeded the Russian Market which returned 19.7% over the past year.


Shareholder returns

ASSBIndustryMarket
7 Day3.5%2.6%2.7%
30 Day0%-2.1%0.9%
90 Day-11.1%0.1%5.7%
1 Year34.3%19.0%26.7%20.0%28.4%19.7%
3 Year70.8%46.0%27.9%11.5%67.4%41.2%
5 Year170.0%130.8%141.1%95.0%161.6%105.4%

Price Volatility Vs. Market

How volatile is Astrakhan Power Sale Company's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Astrakhan Power Sale Company 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: ASSB (RUB0.6) is trading below our estimate of fair value (RUB4.17)

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


Price To Earnings Ratio

PE vs Industry: ASSB is good value based on its PE Ratio (4.9x) compared to the Electric Utilities industry average (5.3x).

PE vs Market: ASSB is good value based on its PE Ratio (4.9x) compared to the Russian market (6.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ASSB is overvalued based on its PB Ratio (4.1x) compared to the RU Electric Utilities industry average (0.7x).


Next Steps

Future Growth

How is Astrakhan Power Sale Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.2%

Forecasted Utilities 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 Astrakhan Power Sale Company 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 Astrakhan Power Sale Company performed over the past 5 years?

-4.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ASSB's earnings have declined by -4.3% per year over the past 5 years.

Accelerating Growth: ASSB's earnings growth over the past year (277.3%) exceeds its 5-year average (-4.3% per year).

Earnings vs Industry: ASSB earnings growth over the past year (277.3%) exceeded the Electric Utilities industry 3.1%.


Return on Equity

High ROE: Whilst ASSB's Return on Equity (82.36%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets

ROA vs Industry: ASSB's Return on Assets is below or equal to the Electric Utilities industry average last year.


Return on Capital Employed

ROCE Improving: ASSB is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Astrakhan Power Sale Company's financial position?


Financial Position Analysis

Short Term Liabilities: ASSB's short term assets (RUB4.0B) exceeds its short term liabilities (RUB4.0B)

Long Term Liabilities: ASSB's short term assets (4.0B) exceeds its long term liabilities (633.0K)


Debt to Equity History and Analysis

Debt Level: ASSB's debt to equity ratio (472%) is considered high

Reducing Debt: ASSB's debt to equity ratio has increased from 330.8% to 472% over the past 5 years.

Debt Coverage: ASSB's debt is well covered by operating cash flow (42.7%).

Interest Coverage: Insufficient data to determine if ASSB's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: ASSB has a low level of unsold assets or inventory.

Debt Coverage by Assets: ASSB's debt is covered by short term assets (assets are 6.659630x debt).


Next Steps

Dividend

What is Astrakhan Power Sale Company's current dividend yield, its reliability and sustainability?

2.52%

Current Dividend Yield


Dividend Yield vs Market

company2.5%marketbottom25%3.2%markettop25%8.7%industryaverage5.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: ASSB's dividend (2.52%) isn’t notable compared to the bottom 25% of dividend payers in the Russian market (3.2%).

High Dividend: ASSB's dividend (2.52%) is low compared to the top 25% of dividend payers in the Russian market (8.72%).

Stable Dividend: Whilst dividend payments have been stable, ASSB has been paying a dividend for less than 10 years.

Growing Dividend: ASSB has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.4%), ASSB's dividend payments are thoroughly 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 Astrakhan Power Sale Company's salary, the management and board of directors tenure and is there insider trading?


CEO

Oleg Statsenko 0

0yrs

Tenure

0

Mr. Oleg Anatolievich Statsenko serves as the Chief Executive Officer and Member of the Board of Directors at Astrakhan Power Sale Company Public Joint Stock Company. Mr. Statsenko serves as the General Di ...


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

  • Oleg Statsenko

    CEO & Member of the Board of Directors

    • Tenure: 0yrs
  • Ekaterina Evseeva

    Chief Accountant

    • Tenure: 0yrs

Board Members

  • Oleg Statsenko

    CEO & Member of the Board of Directors

    • Tenure: 0yrs
  • Vladimir Podsvirov

    Member of the Board of Directors

    • Tenure: 0yrs
  • Yanina Fedotova

    Member of the Board of Directors

    • Tenure: 0yrs
  • Mikhail Voronin

    Member of the Board of Directors

    • Tenure: 0yrs
  • Anna Sergutina

    Chairman of the Board

    • Tenure: 0yrs
  • Dmitriy Kudashkin

    Member of Audit Committee

    • Tenure: 0yrs
  • Sergey Mironov

    Member of the Board of Directors

    • Tenure: 0yrs
  • Andrey Sergeev

    Member of the Board of Directors

    • Tenure: 0yrs
  • Mariya Kuznetsova

    Member of Audit Commission

    • Tenure: 3.4yrs
  • Oksana Zharikova

    Member of Audit Commission

    • Tenure: 3.4yrs

Company Information

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


Key Information

  • Name: Astrakhan Power Sale Company Public Joint-Stock Company
  • Ticker: ASSB
  • Exchange: MISX
  • Founded:
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: ₽464.340m
  • Shares outstanding: 773.90m
  • Website: https://www.astsbyt.ru

Location

  • Astrakhan Power Sale Company Public Joint-Stock Company
  • pl. John Reed, 3
  • Astrakhan
  • Astrakhanskaya obl.
  • 414000
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASSBMISX (Micex - Rts)YesOrdinary SharesRURUBJan 2010

Biography

Astrakhan Power Sale Company Public Joint Stock Company supplies power primarily in Russia. It purchases and sells electricity to consumers, industrial enterprises, social infrastructure facilities, housin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:48
End of Day Share Price2019/10/22 00:00
Earnings2019/03/31
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.