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Federal Hydro-Generating Company - RusHydro

Market Cap

₽364.3b

Last Updated

2021/05/05 21:52 UTC

Data Sources

Company Financials +

Executive Summary

Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, together with its subsidiaries, generates, transmits, distributes, and sells electricity and heat energy in Russia. More Details


Snowflake Analysis

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Federal Hydro-Generating Company - RusHydro's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HYDR is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: HYDR's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-0.7%

HYDR

0.8%

RU Electric Utilities

1.5%

RU Market


1 Year Return

32.1%

HYDR

15.0%

RU Electric Utilities

28.1%

RU Market

Return vs Industry: HYDR exceeded the Russian Electric Utilities industry which returned 15% over the past year.

Return vs Market: HYDR exceeded the Russian Market which returned 28.1% over the past year.


Shareholder returns

HYDRIndustryMarket
7 Day-0.7%0.8%1.5%
30 Day3.2%1.0%2.3%
90 Day5.6%-2.3%8.2%
1 Year38.7%32.1%20.0%15.0%36.3%28.1%
3 Year28.9%11.1%38.2%18.8%66.6%37.6%
5 Year62.7%24.0%117.1%73.1%128.5%72.9%

Long-Term Price Volatility Vs. Market

How volatile is Federal Hydro-Generating Company - RusHydro's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Federal Hydro-Generating Company - RusHydro undervalued compared to its fair value and its price relative to the market?

48.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HYDR (RUB0.84) is trading below our estimate of fair value (RUB1.62)

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


Price To Earnings Ratio

PE vs Industry: HYDR's PE Ratio (7.7x) is in line with the RU Electric Utilities industry average.

PE vs Market: HYDR is good value based on its PE Ratio (7.7x) compared to the Russian market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: HYDR is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: HYDR's PB Ratio (0.6x) is in line with the RU Electric Utilities industry average.


Future Growth

How is Federal Hydro-Generating Company - RusHydro forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

5.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HYDR's forecast earnings growth (5.6% per year) is below the savings rate (7.4%).

Earnings vs Market: HYDR's earnings (5.6% per year) are forecast to grow slower than the Russian market (19.4% per year).

High Growth Earnings: HYDR's earnings are forecast to grow, but not significantly.

Revenue vs Market: HYDR's revenue (0.5% per year) is forecast to grow slower than the Russian market (7.7% per year).

High Growth Revenue: HYDR's revenue (0.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HYDR's Return on Equity is forecast to be low in 3 years time (7.3%).


Past Performance

How has Federal Hydro-Generating Company - RusHydro performed over the past 5 years?

-9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HYDR has a large one-off loss of RUB32.4B impacting its December 31 2020 financial results.

Growing Profit Margin: HYDR's current net profit margins (10.8%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: HYDR's earnings have declined by 9.9% per year over the past 5 years.

Accelerating Growth: HYDR's earnings growth over the past year (787.6%) exceeds its 5-year average (-9.9% per year).

Earnings vs Industry: HYDR earnings growth over the past year (787.6%) exceeded the Electric Utilities industry 1.2%.


Return on Equity

High ROE: HYDR's Return on Equity (7.7%) is considered low.


Financial Health

How is Federal Hydro-Generating Company - RusHydro's financial position?


Financial Position Analysis

Short Term Liabilities: HYDR's short term assets (RUB206.3B) exceed its short term liabilities (RUB147.7B).

Long Term Liabilities: HYDR's short term assets (RUB206.3B) exceed its long term liabilities (RUB185.4B).


Debt to Equity History and Analysis

Debt Level: HYDR's debt to equity ratio (32.3%) is considered satisfactory.

Reducing Debt: HYDR's debt to equity ratio has reduced from 32.4% to 32.3% over the past 5 years.

Debt Coverage: HYDR's debt is well covered by operating cash flow (50.3%).

Interest Coverage: HYDR's interest payments on its debt are well covered by EBIT (248.9x coverage).


Balance Sheet


Dividend

What is Federal Hydro-Generating Company - RusHydro current dividend yield, its reliability and sustainability?

4.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HYDR's dividend (4.27%) is higher than the bottom 25% of dividend payers in the Russian market (3.81%).

High Dividend: HYDR's dividend (4.27%) is low compared to the top 25% of dividend payers in the Russian market (7.7%).


Stability and Growth of Payments

Stable Dividend: HYDR's dividend payments have been volatile in the past 10 years.

Growing Dividend: HYDR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.8%), HYDR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HYDR's dividends in 3 years are forecast to be covered by earnings (61.5% payout ratio).


Next Steps

Management

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

0.3yrs

Average management tenure


CEO

Victor Khmarin (42 yo)

0.33

Tenure

Mr. Victor Viktorovich Khmarin serves as Chief Executive Officer at Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro since January 28, 2021. He had been the Member of Management Board...


Leadership Team

Experienced Management: HYDR's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: HYDR's board of directors are not considered experienced ( 2 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 been diluted in the past year, with total shares outstanding growing by 3.1%.


Top Shareholders

Company Information

Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro
  • Ticker: HYDR
  • Exchange: MISX
  • Founded: 2004
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: ₽364.286b
  • Shares outstanding: 435.44b
  • Website: https://www.rushydro.ru

Location

  • Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro
  • 7 Malaya Dmitrovka Street
  • Moscow
  • 127006
  • Russia

Listings


Biography

Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, together with its subsidiaries, generates, transmits, distributes, and sells electricity and heat energy in Russia. It generates powe...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/05 21:52
End of Day Share Price2021/05/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.