DVEC Stock Overview
Public joint stock company FAR-EASTERN ENERGY COMPANY supplies electricity to individuals and enterprises in Russia.
FAR-EASTERN ENERGY Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₽0.97|
|52 Week High||₽2.57|
|52 Week Low||₽0.54|
|1 Month Change||-4.34%|
|3 Month Change||n/a|
|1 Year Change||22.63%|
|3 Year Change||-24.16%|
|5 Year Change||115.56%|
|Change since IPO||31.08%|
Recent News & Updates
Is FAR-EASTERN ENERGY (MCX:DVEC) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|DVEC||RU Electric Utilities||RU Market|
Return vs Industry: DVEC exceeded the Russian Electric Utilities industry which returned -25.6% over the past year.
Return vs Market: DVEC exceeded the Russian Market which returned -24.2% over the past year.
|DVEC Average Weekly Movement||11.3%|
|Electric Utilities Industry Average Movement||7.8%|
|Market Average Movement||7.7%|
|10% most volatile stocks in RU Market||13.5%|
|10% least volatile stocks in RU Market||4.8%|
Stable Share Price: DVEC is more volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: DVEC's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Russian stocks.
About the Company
Public joint stock company FAR-EASTERN ENERGY COMPANY supplies electricity to individuals and enterprises in Russia. It purchases and sells electricity in the wholesale market. The company serves individuals and corporate customers in the territory of Primorsky Krai, Khabarovsk region, Amur region, and Jewish autonomous region.
FAR-EASTERN ENERGY Fundamentals Summary
|DVEC fundamental statistics|
Is DVEC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DVEC income statement (TTM)|
|Cost of Revenue||₽87.76b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.096|
|Net Profit Margin||1.39%|
How did DVEC perform over the long term?See historical performance and comparison
Is DVEC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DVEC?
Other financial metrics that can be useful for relative valuation.
|What is DVEC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does DVEC's PE Ratio compare to its peers?
|DVEC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: DVEC is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (15.3x).
Price to Earnings Ratio vs Industry
How does DVEC's PE Ratio compare vs other companies in the Russian Electric Utilities Industry?
Price-To-Earnings vs Industry: DVEC is expensive based on its Price-To-Earnings Ratio (10.1x) compared to the Russian Electric Utilities industry average (6.1x)
Price to Earnings Ratio vs Fair Ratio
What is DVEC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10.1x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DVEC's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of DVEC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DVEC (RUB0.97) is trading above our estimate of fair value (RUB0.92)
Significantly Below Fair Value: DVEC is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DVEC's PEG Ratio to determine if it is good value.
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How is FAR-EASTERN ENERGY forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 FAR-EASTERN ENERGY 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.
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- Examine FAR-EASTERN ENERGY's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- FAR-EASTERN ENERGY competitive advantages and company strategy can generally be found in its financial reports archived here.
How has FAR-EASTERN ENERGY performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DVEC has a large one-off loss of RUB2.6B impacting its December 31 2021 financial results.
Growing Profit Margin: DVEC's current net profit margins (1.4%) are lower than last year (27.5%).
Past Earnings Growth Analysis
Earnings Trend: DVEC's earnings have grown significantly by 46.7% per year over the past 5 years.
Accelerating Growth: DVEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DVEC had negative earnings growth (-94.4%) over the past year, making it difficult to compare to the Electric Utilities industry average (6.5%).
Return on Equity
High ROE: DVEC's Return on Equity (8.2%) is considered low.
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How is FAR-EASTERN ENERGY's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DVEC's short term assets (RUB18.6B) do not cover its short term liabilities (RUB29.9B).
Long Term Liabilities: DVEC's short term assets (RUB18.6B) exceed its long term liabilities (RUB9.4B).
Debt to Equity History and Analysis
Debt Level: DVEC's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: DVEC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DVEC's debt is well covered by operating cash flow (56.2%).
Interest Coverage: DVEC's interest payments on its debt are well covered by EBIT (10.4x coverage).
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What is FAR-EASTERN ENERGY current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DVEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DVEC'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 DVEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DVEC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as DVEC has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Mr. Viktor Vladimirovich Milush has been General Director of Joint Stock Company Far-Eastern Energy Company since November 25, 2009 and also serves as its Chairman of the Executive Board.
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 FAR-EASTERN ENERGY COMPANY's employee growth, exchange listings and data sources
- Name: Public joint stock company FAR-EASTERN ENERGY COMPANY
- Ticker: DVEC
- Exchange: MISX
- Founded: NaN
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: ₽16.691b
- Shares outstanding: 17.21b
- Website: https://www.dvec.ru
- Public joint stock company FAR-EASTERN ENERGY COMPANY
- ul. Tigrovaya, 19
- Primorsky kray
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.