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Rosseti Lenenergo

Market Cap

₽66.8b

Last Updated

2021/05/06 20:36 UTC

Data Sources

Company Financials +

Executive Summary

Public Joint-Stock Company Lenenergo operates as an electricity distribution company in Russia. More Details


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

LSNGIndustryMarket
7 Day1.5%1.2%3.0%
30 Day1.3%1.9%4.1%
90 Day-2.4%-2.4%8.2%
1 Year9.1%7.4%20.0%15.1%37.5%29.3%
3 Year2.9%-1.6%38.4%18.9%66.4%37.3%
5 Year121.6%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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 20:36
End of Day Share Price2021/05/06 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.