Executive Summary
Public Joint-Stock Company Lenenergo operates as an electricity distribution company in Russia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Rosseti Lenenergo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LSNG is less volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: LSNG's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
1.5%
LSNG
1.2%
RU Electric Utilities
3.0%
RU Market
1 Year Return
7.4%
LSNG
15.1%
RU Electric Utilities
29.3%
RU Market
Return vs Industry: LSNG underperformed the Russian Electric Utilities industry which returned 15% over the past year.
Return vs Market: LSNG underperformed the Russian Market which returned 28.1% over the past year.
Shareholder returns
| LSNG | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | 1.2% | 3.0% |
| 30 Day | 1.3% | 1.9% | 4.1% |
| 90 Day | -2.4% | -2.4% | 8.2% |
| 1 Year | 9.1%7.4% | 20.0%15.1% | 37.5%29.3% |
| 3 Year | 2.9%-1.6% | 38.4%18.9% | 66.4%37.3% |
| 5 Year | 121.6%105.4% | 118.5%74.2% | 131.5%75.2% |
Long-Term Price Volatility Vs. Market
How volatile is Rosseti Lenenergo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Did Rosseti Lenenergo's (MCX:LSNG) Share Price Deserve to Gain 91%?2 months ago | Simply Wall St
Rosseti Lenenergo (MCX:LSNG) Has A Pretty Healthy Balance Sheet3 months ago | Simply Wall St
Are Rosseti Lenenergo's (MCX:LSNG) Statutory Earnings A Good Guide To Its Underlying Profitability?Valuation
Is Rosseti Lenenergo undervalued compared to its fair value and its price relative to the market?
4.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LSNG (RUB6.08) is trading above our estimate of fair value (RUB1.51)
Significantly Below Fair Value: LSNG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LSNG is good value based on its PE Ratio (4.7x) compared to the RU Electric Utilities industry average (7.6x).
PE vs Market: LSNG is good value based on its PE Ratio (4.7x) compared to the Russian market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LSNG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LSNG is good value based on its PB Ratio (0.4x) compared to the RU Electric Utilities industry average (0.6x).
Future Growth
How is Rosseti Lenenergo forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
3.0%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if LSNG's forecast earnings growth is above the savings rate (7.4%).
Earnings vs Market: Insufficient data to determine if LSNG's earnings are forecast to grow faster than the Russian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LSNG's revenue (3% per year) is forecast to grow slower than the Russian market (7.7% per year).
High Growth Revenue: LSNG's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LSNG's Return on Equity is forecast to be low in 3 years time (9.1%).
Past Performance
How has Rosseti Lenenergo performed over the past 5 years?
25.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LSNG has a large one-off loss of RUB7.7B impacting its September 30 2020 financial results.
Growing Profit Margin: LSNG's current net profit margins (13.3%) are lower than last year (15.3%).
Past Earnings Growth Analysis
Earnings Trend: LSNG has become profitable over the past 5 years, growing earnings by 25% per year.
Accelerating Growth: LSNG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LSNG had negative earnings growth (-12.9%) over the past year, making it difficult to compare to the Electric Utilities industry average (1.2%).
Return on Equity
High ROE: LSNG's Return on Equity (7.6%) is considered low.
Financial Health
How is Rosseti Lenenergo's financial position?
Financial Position Analysis
Short Term Liabilities: LSNG's short term assets (RUB14.0B) do not cover its short term liabilities (RUB36.4B).
Long Term Liabilities: LSNG's short term assets (RUB14.0B) do not cover its long term liabilities (RUB33.7B).
Debt to Equity History and Analysis
Debt Level: LSNG's debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: LSNG's debt to equity ratio has reduced from 28.8% to 17.7% over the past 5 years.
Debt Coverage: LSNG's debt is well covered by operating cash flow (126.2%).
Interest Coverage: LSNG's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
Dividend
What is Rosseti Lenenergo current dividend yield, its reliability and sustainability?
1.72%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LSNG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LSNG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LSNG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LSNG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: LSNG is not paying a notable dividend for the Russian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LSNG'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?
5.3yrs
Average management tenure
CEO
Andrey Ryumin (40 yo)
3.33yrs
Tenure
₽265,818,020
Compensation
Mr. Andrey Valerievich Ryumin serves as Chairman of Management Board at Rosseti, Public Joint Stock Company since January 2021 and serves as its Director General since February 12, 2021. He serves as Membe...
Leadership Team
Experienced Management: LSNG's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: LSNG's board of directors are considered experienced (4.3 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 Rosseti Lenenergo's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Public Joint stock company Rosseti Lenenergo
- Ticker: LSNG
- Exchange: MISX
- Founded: 1886
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ₽66.810b
- Shares outstanding: 8.56b
- Website: https://www.lenenergo.ru
Number of Employees
Location
- Public Joint stock company Rosseti Lenenergo
- Constitution Square,1
- Saint Petersburg
- 196247
- Russia
Listings
Biography
Public Joint-Stock Company Lenenergo operates as an electricity distribution company in Russia. The company offers electricity transmission and distribution, grid connection, and other services related wit...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/06 20:36 |
| End of Day Share Price | 2021/05/06 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.