MISX:GAZS

Stock Analysis Report

Executive Summary

Public Joint-Stock Company Gaz-service provides financial and investment services.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Share Price & News

How has Gaz-service's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

GAZS

-1.1%

RU Gas Utilities

1.9%

RU Market


1 Year Return

n/a

GAZS

10.9%

RU Gas Utilities

17.7%

RU Market

Return vs Industry: Insufficient data to determine how GAZS performed against the Russian Gas Utilities industry.

Return vs Market: Insufficient data to determine how GAZS performed against the Russian Market.


Shareholder returns

GAZSIndustryMarket
7 Day0%-1.1%1.9%
30 Day0%-1.0%-0.4%
90 Day0%1.0%3.6%
1 Yearn/a16.2%10.9%26.3%17.7%
3 Yearn/a35.0%10.7%66.4%40.5%
5 Year6.4%0%48.5%11.9%162.5%106.1%

Price Volatility Vs. Market

How volatile is Gaz-service's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gaz-service undervalued compared to its fair value and its price relative to the market?

44.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GAZS (RUB293) is trading above our estimate of fair value (RUB120.79)

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


Price To Earnings Ratio

PE vs Industry: GAZS is poor value based on its PE Ratio (44.3x) compared to the Gas Utilities industry average (16.1x).

PE vs Market: GAZS is poor value based on its PE Ratio (44.3x) compared to the Russian market (6.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GAZS is good value based on its PB Ratio (0.9x) compared to the XE Gas Utilities industry average (1.4x).


Next Steps

Future Growth

How is Gaz-service forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GAZS's forecast earnings growth (31.7% per year) is above the savings rate (8.4%).

Earnings vs Market: GAZS's earnings (31.7% per year) are forecast to grow faster than the Russian market (4.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if GAZS's revenue is forecast to grow faster than the Russian market.

High Growth Revenue: Insufficient data to determine if GAZS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GAZS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Gaz-service performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GAZS's earnings have grown significantly by 20.6% per year over the past 5 years.

Accelerating Growth: GAZS's earnings growth over the past year (31.1%) exceeds its 5-year average (20.6% per year).

Earnings vs Industry: GAZS earnings growth over the past year (31.1%) exceeded the Gas Utilities industry 9.9%.


Return on Equity

High ROE: GAZS's Return on Equity (1.9%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Gaz-service's financial position?


Financial Position Analysis

Short Term Liabilities: GAZS's short term assets (RUB66.3B) exceeds its short term liabilities (RUB309.2M)

Long Term Liabilities: GAZS has no long term liabilities


Debt to Equity History and Analysis

Debt Level: GAZS is debt free.

Reducing Debt: GAZS has not had any debt for past 5 years.

Debt Coverage: GAZS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GAZS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if GAZS's debt is covered by short term assets.


Next Steps

Dividend

What is Gaz-service's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%3.2%markettop25%8.7%industryaverage5.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Gaz-service's salary, the management and board of directors tenure and is there insider trading?


CEO

Gaz-service has no CEO, or we have no data on them.


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


    Board Members

    • Gavrilenko Anatolyevich (47yo)

      Director

      • Tenure: 0yrs
    • Vladislav Brylkov

      Director

      • Tenure: 0yrs
    • Sergei Bushmakin (49yo)

      Director

      • Tenure: 0yrs
    • Aleksandr Kalin

      Director

      • Tenure: 0yrs
    • Yelena Ilyina

      Director

      • Tenure: 0yrs
    • Irina Prikazchikova

      Director

      • Tenure: 0yrs
    • Yury Shamalov (49yo)

      Director

      • Tenure: 0yrs

    Company Information

    Public Joint-Stock Company "Gaz-service"'s company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: Public Joint-Stock Company "Gaz-service"
    • Ticker: GAZS
    • Exchange: MISX
    • Founded: 2004
    • Industry: Gas Utilities
    • Sector: Utilities
    • Market Cap: ₽60.507b
    • Shares outstanding: 206.51m
    • Website: https://www.gaz-services.ru

    Location

    • Public Joint-Stock Company "Gaz-service"
    • 13, Simferopolskiy bulvar
    • Moscow
    • 117556
    • Russia

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    GAZSMISX (Micex - Rts)YesOrdinary SharesRURUBNov 2011

    Biography

    Public Joint-Stock Company Gaz-service provides financial and investment services. It offers financial intermediation, granting of industrial loans to oil and gas industries. The company was founded in 20 ...


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2019/10/22 21:09
    End of Day Share Price2019/10/22 00:00
    Earnings2019/06/30
    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.