Executive Summary
Public Joint-Stock Company Enel Russia generates and sells electric power and heat in Russia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record and pays a dividend.
Similar Companies
Share Price & News
How has Enel Russia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ENRU is less volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: ENRU's weekly volatility (1%) has been stable over the past year.
Market Performance
7 Day Return
0.4%
ENRU
-1.8%
RU Electric Utilities
-3.2%
RU Market
1 Year Return
-6.2%
ENRU
3.3%
RU Electric Utilities
-1.7%
RU Market
Return vs Industry: ENRU underperformed the Russian Electric Utilities industry which returned -0.3% over the past year.
Return vs Market: ENRU underperformed the Russian Market which returned -4% over the past year.
Shareholder returns
| ENRU | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -1.8% | -3.2% |
| 30 Day | 2.9% | 1.9% | 2.5% |
| 90 Day | 3.7% | 10.7% | 20.1% |
| 1 Year | 2.2%-6.2% | 7.8%3.3% | 4.8%-1.7% |
| 3 Year | -18.3%-40.9% | 40.8%21.0% | 52.3%25.9% |
| 5 Year | 91.7%30.5% | 196.9%135.1% | 134.1%77.2% |
Long-Term Price Volatility Vs. Market
How volatile is Enel Russia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Does Enel Russia (MCX:ENRU) Have A Healthy Balance Sheet?4 weeks ago | Simply Wall St
How Much Of Public Joint-Stock Company Enel Russia (MCX:ENRU) Do Institutions Own?1 month ago | Simply Wall St
Enel Russia (MCX:ENRU) Shares Have Generated A Total Return Of Negative 14% In The Last Three YearsValuation
Is Enel Russia 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: ENRU (RUB0.92) is trading below our estimate of fair value (RUB2.82)
Significantly Below Fair Value: ENRU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ENRU's PE Ratio (8x) is in line with the RU Electric Utilities industry average.
PE vs Market: ENRU is good value based on its PE Ratio (8x) compared to the Russian market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: ENRU is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: ENRU is overvalued based on its PB Ratio (0.8x) compared to the RU Electric Utilities industry average (0.7x).
Next Steps
Future Growth
How is Enel Russia forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
3.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENRU's forecast earnings growth (3.4% per year) is below the savings rate (7.7%).
Earnings vs Market: ENRU's earnings (3.4% per year) are forecast to grow slower than the Russian market (25.6% per year).
High Growth Earnings: ENRU's earnings are forecast to grow, but not significantly.
Revenue vs Market: ENRU's revenue (4.9% per year) is forecast to grow slower than the Russian market (8% per year).
High Growth Revenue: ENRU's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENRU's Return on Equity is forecast to be low in 3 years time (10.7%).
Next Steps
Past Performance
How has Enel Russia performed over the past 5 years?
65.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENRU has high quality earnings.
Growing Profit Margin: ENRU's current net profit margins (9.1%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: ENRU has become profitable over the past 5 years, growing earnings by 65.4% per year.
Accelerating Growth: ENRU's earnings growth over the past year (47.1%) is below its 5-year average (65.4% per year).
Earnings vs Industry: ENRU earnings growth over the past year (47.1%) exceeded the Electric Utilities industry -0.02%.
Return on Equity
High ROE: ENRU's Return on Equity (10.1%) is considered low.
Next Steps
Financial Health
How is Enel Russia's financial position?
Financial Position Analysis
Short Term Liabilities: ENRU's short term assets (RUB22.1B) exceed its short term liabilities (RUB12.3B).
Long Term Liabilities: ENRU's short term assets (RUB22.1B) do not cover its long term liabilities (RUB22.9B).
Debt to Equity History and Analysis
Debt Level: ENRU's debt to equity ratio (56.9%) is considered high.
Reducing Debt: ENRU's debt to equity ratio has reduced from 97.5% to 56.9% over the past 5 years.
Debt Coverage: ENRU's debt is well covered by operating cash flow (39.4%).
Interest Coverage: ENRU's interest payments on its debt are well covered by EBIT (48x coverage).
Balance Sheet
Next Steps
Dividend
What is Enel Russia current dividend yield, its reliability and sustainability?
9.16%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ENRU's dividend (9.25%) is higher than the bottom 25% of dividend payers in the Russian market (3.87%).
High Dividend: ENRU's dividend (9.25%) is in the top 25% of dividend payers in the Russian market (7.73%)
Stability and Growth of Payments
Stable Dividend: ENRU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ENRU's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (73.7%), ENRU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ENRU's dividends in 3 years are forecast to be covered by earnings (82.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Stefan Zweguintzow (52 yo)
0.67
Tenure
Mr. Stefan Maurice Zweguintzow serves as Member of Management Board at Public Joint-Stock Company Enel Russia since 2020 and has been its Chairman of Management Board since September 2020. Mr. Zweguintzow ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| General Director | 0.67yr | no data | no data | |
| Head of Europe & Euro-Mediterranean Affairs and Deputy Chairman | 1.58yrs | no data | no data | |
| Head of Administration | 3.83yrs | no data | no data | |
| Deputy General Director | no data | no data | no data | |
| Member of Executive Board | 0.33yr | no data | no data | |
| Member of Executive Board | 0.33yr | no data | no data | |
| Chief Accountant | no data | no data | no data | |
| Investor Relations Manager | no data | no data | no data | |
| Corporate Secretary and Head of Legal & Corporate Affairs | no data | no data | no data | |
| Head of Communications | 3yrs | no data | no data | |
| Head of Regulatory and Institutional Affairs | no data | no data | no data | |
| Head of Internal Audit | no data | no data | no data |
1.1yrs
Average Tenure
50yo
Average Age
Experienced Management: ENRU's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Head of Europe & Euro-Mediterranean Affairs and Deputy Chairman | 1.58yrs | no data | no data | |
| Chief Engineer | 14yrs | no data | no data | |
| Non-Executive Director | 5.58yrs | no data | no data | |
| Chairman & Senior Independent Director | 0.75yr | no data | no data | |
| Non-Executive Director | 1.58yrs | no data | no data | |
| Non-Executive Director | 1.58yrs | no data | no data | |
| Non-Executive Director | 0.58yr | no data | no data | |
| Independent Director | 4.58yrs | no data | no data | |
| Independent Director | 3yrs | no data | no data | |
| Non-Executive Director | 3yrs | no data | no data | |
| Independent Director | 3yrs | no data | no data | |
| Independent Director | 1.58yrs | no data | no data |
2.3yrs
Average Tenure
48.5yo
Average Age
Experienced Board: ENRU's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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 Enel Russia's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Public Joint-Stock Company Enel Russia
- Ticker: ENRU
- Exchange: MISX
- Founded: 2004
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ₽32.489b
- Shares outstanding: 35.37b
- Website: https://www.enelrussia.ru
Location
- Public Joint-Stock Company Enel Russia
- 10, Khokhryakova street
- Yekaterinburg
- Sverdlovskaya obl.
- 620014
- Russia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ENRU | MISX (Micex - Rts) | Yes | Ordinary Shares | RU | RUB | Sep 2005 |
| ELOK.Y | OTCPK (Pink Sheets LLC) | GDR | US | USD | Sep 2009 |
Biography
Public Joint-Stock Company Enel Russia generates and sells electric power and heat in Russia. Its installed capacity is approximately 5,628.7 megawatts for power and 2,032 GCal/h for heat. The company was ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 18:07 |
| End of Day Share Price | 2021/01/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.