MISX:LPSB

Stock Analysis Report

Lipetsk Power Sale Company

Executive Summary

Lipetsk Power Sale Company Open Joint-Stock Company engages in the supply of electricity to businesses and individuals in the Lipetsk region, Russia.


Snowflake Analysis

Excellent balance sheet with poor track record.

Share Price & News

How has Lipetsk Power Sale Company's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LPSB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.3%

LPSB

5.0%

RU Electric Utilities

2.5%

RU Market


1 Year Return

4.3%

LPSB

9.5%

RU Electric Utilities

-1.3%

RU Market

Return vs Industry: LPSB underperformed the Russian Electric Utilities industry which returned 8.1% over the past year.

Return vs Market: LPSB exceeded the Russian Market which returned -3.7% over the past year.


Shareholder returns

LPSBIndustryMarket
7 Day4.3%5.0%2.5%
30 Day-14.6%-16.2%-11.3%
90 Day7.4%-10.6%-18.7%
1 Year4.3%4.3%16.5%9.5%5.5%-1.3%
3 Year123.2%123.2%7.1%-7.4%36.8%15.3%
5 Year108.6%108.6%146.2%98.2%96.9%54.0%

Price Volatility Vs. Market

How volatile is Lipetsk Power Sale Company's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Lipetsk Power Sale Company undervalued compared to its fair value and its price relative to the market?

22.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LPSB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LPSB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LPSB is poor value based on its PE Ratio (22.4x) compared to the Electric Utilities industry average (6.6x).

PE vs Market: LPSB is poor value based on its PE Ratio (22.4x) compared to the Russian market (7.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LPSB is overvalued based on its PB Ratio (0.9x) compared to the RU Electric Utilities industry average (0.6x).


Next Steps

Future Growth

How is Lipetsk Power Sale Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

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 Lipetsk Power Sale Company 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.


Next Steps

Past Performance

How has Lipetsk Power Sale Company performed over the past 5 years?

40.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LPSB has a high level of non-cash earnings.

Growing Profit Margin: LPSB's current net profit margins (0.2%) are lower than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: LPSB's earnings have grown significantly by 40% per year over the past 5 years.

Accelerating Growth: LPSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LPSB had negative earnings growth (-54.3%) over the past year, making it difficult to compare to the Electric Utilities industry average (-0.4%).


Return on Equity

High ROE: LPSB's Return on Equity (4%) is considered low.


Next Steps

Financial Health

How is Lipetsk Power Sale Company's financial position?


Financial Position Analysis

Short Term Liabilities: LPSB's short term assets (RUB1.9B) exceed its short term liabilities (RUB758.1M).

Long Term Liabilities: LPSB's short term assets (RUB1.9B) exceed its long term liabilities (RUB34.3M).


Debt to Equity History and Analysis

Debt Level: LPSB's debt to equity ratio (0%) is considered satisfactory.

Reducing Debt: LPSB's debt to equity ratio has reduced from 0.02% to 0% over the past 5 years.

Debt Coverage: LPSB's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: LPSB earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: LPSB's debt is covered by short term assets (assets are 1913870x debt).


Next Steps

Dividend

What is Lipetsk Power Sale Company's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: LPSB is not paying a notable dividend for the Russian market.


Future Payout to Shareholders

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


Next Steps

Management

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

2.3yrs

Average board tenure


CEO

Sergey Argentov

no data

Tenure

Mr. Sergey Gennadyevich Argentov serves as General Director at Lipetsk Power Sale Company Open Joint-Stock Company. 


Board Members

NamePositionTenureCompensationOwnership
Aleksey Kharin
Director1.83yrsno datano data
Sergey Chebotarev
Deputy Chairman2.67yrsno datano data
Georgiy Baranov
Director6.17yrsno datano data
Aleksandr Gerashchenko
Director6.17yrsno datano data
Aleksey Smolyansky
Chairman2.67yrsno datano data
Yevgeniy Pavlov
Director3.83yrsno datano data
Mikhail Vasilyev
Director1.83yrsno datano data
Yuliya Dyakonova
Member of Audit Commission1.83yrsno datano data
Svetlana Kharchevskaya
Member of Audit Commission1.83yrsno datano data
Nataliya Sitnikova
Member of Audit Commission1.83yrsno datano data

2.3yrs

Average Tenure

Experienced Board: LPSB'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

Lipetsk Power Sale Company Open Joint-Stock Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lipetsk Power Sale Company Open Joint-Stock Company
  • Ticker: LPSB
  • Exchange: MISX
  • Founded: 2005
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: ₽1.135b
  • Shares outstanding: 155.52m
  • Website: https://www.lesk.ru

Location

  • Lipetsk Power Sale Company Open Joint-Stock Company
  • Victory Avenue, 87a
  • Lipetsk
  • Lipetskaya obl.
  • 398024
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LPSBMISX (Micex - Rts)YesCommon SharesRURUBAug 2006

Biography

Lipetsk Power Sale Company Open Joint-Stock Company engages in the supply of electricity to businesses and individuals in the Lipetsk region, Russia. It serves 14,000 organizations and approximately 550,000 individual customers. The company was founded in 2005 and is based in Lipetsk, Russia. Lipetsk Power Sale Company Open Joint-Stock Company is a subsidiary of Zefavel Trading Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/03 00:43
End of Day Share Price2020/04/02 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.