| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
IRAO Stock Overview
Public Joint Stock Company Inter RAO UES operates as a diversified energy holding company in Russia and internationally.
Inter RAO UES Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₽3.44 |
| 52 Week High | ₽5.16 |
| 52 Week Low | ₽1.26 |
| Beta | 0.51 |
| 1 Month Change | 4.17% |
| 3 Month Change | 19.36% |
| 1 Year Change | -26.76% |
| 3 Year Change | -26.28% |
| 5 Year Change | -8.33% |
| Change since IPO | 71.88% |
Recent News & Updates
Shareholder Returns
| IRAO | RU Electric Utilities | RU Market | |
|---|---|---|---|
| 7D | -5.3% | -2.8% | -10.6% |
| 1Y | -26.8% | -26.6% | -32.8% |
Return vs Industry: IRAO exceeded the Russian Electric Utilities industry which returned -27.8% over the past year.
Return vs Market: IRAO exceeded the Russian Market which returned -32.2% over the past year.
Price Volatility
| IRAO volatility | |
|---|---|
| IRAO Average Weekly Movement | 6.8% |
| Electric Utilities Industry Average Movement | 6.6% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in RU Market | 10.6% |
| 10% least volatile stocks in RU Market | 4.1% |
Stable Share Price: IRAO is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IRAO's weekly volatility has decreased from 14% to 7% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | Boris Kovalchuk | https://www.interrao.ru |
Public Joint Stock Company Inter RAO UES operates as a diversified energy holding company in Russia and internationally. The company operates through Supply in the Russian Federation, Electric Power Generation in the Russian Federation, Thermal Power Generation in the Russian Federation, Trading in the Russian Federation and Europe, Foreign Assets, and Engineering in the Russian Federation segments. It produces, supplies, exports, and imports electricity; and offers engineering services.
Inter RAO UES Fundamentals Summary
| IRAO fundamental statistics | |
|---|---|
| Market Cap | ₽252.80b |
| Earnings (TTM) | ₽95.61b |
| Revenue (TTM) | ₽1.12t |
2.6x
P/E Ratio0.2x
P/S RatioIs IRAO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IRAO income statement (TTM) | |
|---|---|
| Revenue | ₽1.12t |
| Cost of Revenue | ₽873.77b |
| Gross Profit | ₽250.75b |
| Other Expenses | ₽155.14b |
| Earnings | ₽95.61b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.30 |
| Gross Margin | 22.30% |
| Net Profit Margin | 8.50% |
| Debt/Equity Ratio | 2.4% |
How did IRAO perform over the long term?
See historical performance and comparisonDividends
6.9%
Current Dividend Yield14%
Payout RatioValuation
Is IRAO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IRAO?
Other financial metrics that can be useful for relative valuation.
| What is IRAO's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₽252.80b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.04x |
| Enterprise Value/EBITDA | 0.4x |
| PEG Ratio | -0.2x |
Price to Earnings Ratio vs Peers
How does IRAO's PE Ratio compare to its peers?
| IRAO PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 6.3x | ||
HYDR Federal Hydro-Generating Company - RusHydro | 8.4x | 2.6% | ₽348.4b |
RSTI Rosseti | 2x | 36.0% | ₽120.1b |
FEES Federal Grid Company of Unified Energy System | 2.1x | 6.5% | ₽117.0b |
MSNG Mosenergo | 12.5x | -1.6% | ₽82.0b |
IRAO Inter RAO UES | 2.6x | -12.9% | ₽252.8b |
Price-To-Earnings vs Peers: IRAO is good value based on its Price-To-Earnings Ratio (2.6x) compared to the peer average (6.3x).
Price to Earnings Ratio vs Industry
How does IRAO's PE Ratio compare vs other companies in the RU Electric Utilities Industry?
Price-To-Earnings vs Industry: IRAO is good value based on its Price-To-Earnings Ratio (2.6x) compared to the Russian Electric Utilities industry average (5.9x)
Price to Earnings Ratio vs Fair Ratio
What is IRAO'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 2.6x |
| Fair PE Ratio | 8.2x |
Price-To-Earnings vs Fair Ratio: IRAO is good value based on its Price-To-Earnings Ratio (2.6x) compared to the estimated Fair Price-To-Earnings Ratio (8.2x).
Share Price vs Fair Value
What is the Fair Price of IRAO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IRAO (RUB3.44) is trading below our estimate of fair value (RUB27.94)
Significantly Below Fair Value: IRAO is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: IRAO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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Future Growth
How is Inter RAO UES forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-12.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IRAO's earnings are forecast to decline over the next 3 years (-12.9% per year).
Earnings vs Market: IRAO's earnings are forecast to decline over the next 3 years (-12.9% per year).
High Growth Earnings: IRAO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: IRAO's revenue (3.9% per year) is forecast to grow faster than the Russian market (2.9% per year).
High Growth Revenue: IRAO's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IRAO's Return on Equity is forecast to be low in 3 years time (8.8%).
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Past Performance
How has Inter RAO UES performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
11.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRAO has high quality earnings.
Growing Profit Margin: IRAO's current net profit margins (8.5%) are higher than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: IRAO's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: IRAO's earnings growth over the past year (28.2%) exceeds its 5-year average (11% per year).
Earnings vs Industry: IRAO earnings growth over the past year (28.2%) exceeded the Electric Utilities industry 6.5%.
Return on Equity
High ROE: IRAO's Return on Equity (14.3%) is considered low.
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Financial Health
How is Inter RAO UES's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: IRAO's short term assets (RUB472.9B) exceed its short term liabilities (RUB156.0B).
Long Term Liabilities: IRAO's short term assets (RUB472.9B) exceed its long term liabilities (RUB110.7B).
Debt to Equity History and Analysis
Debt Level: IRAO has more cash than its total debt.
Reducing Debt: IRAO's debt to equity ratio has reduced from 9.2% to 2.4% over the past 5 years.
Debt Coverage: IRAO's debt is well covered by operating cash flow (758.7%).
Interest Coverage: IRAO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Inter RAO UES current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
6.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IRAO's dividend (6.88%) is higher than the bottom 25% of dividend payers in the Russian market (4.42%).
High Dividend: IRAO's dividend (6.88%) is low compared to the top 25% of dividend payers in the Russian market (12.07%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, IRAO has been paying a dividend for less than 10 years.
Growing Dividend: IRAO's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), IRAO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Boris Kovalchuk (45 yo)
12.67yrs
Tenure
Mr. Boris Yurevich Kovalchuk has been General Director at Public Joint Stock Company Inter RAO UES since June 26, 2020. Mr. Kovalchuk has been the Chairman of Management Board and Chief Executive Officer a...
Leadership Team
Experienced Management: IRAO's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: IRAO's board of directors are considered experienced (8.2 years average tenure).
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 Inter RAO UES's employee growth, exchange listings and data sources
Key Information
- Name: Public Joint Stock Company Inter RAO UES
- Ticker: IRAO
- Exchange: MISX
- Founded: 1997
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: ₽252.796b
- Shares outstanding: 73.54b
- Website: https://www.interrao.ru
Location
- Public Joint Stock Company Inter RAO UES
- Building 27-2
- Bolshaya Pirogovskaya Street
- Moscow
- 119435
- Russia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/01 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.