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Magadanenergo

MISX:MAGE
Snowflake Description

Good value with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MAGE
MISX
RUB2B
Market Cap
  1. Home
  2. RU
  3. Utilities
Company description

Public Joint Stock Company Magadanenergo engages in the generation, transmission, and distribution of electricity and heat in Russia. The last earnings update was 234 days ago. More info.


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MAGE Share Price and Events
7 Day Returns
-3.7%
MISX:MAGE
1.2%
RU Electric Utilities
-0.1%
RU Market
1 Year Returns
26.4%
MISX:MAGE
-4.8%
RU Electric Utilities
7.9%
RU Market
MAGE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Magadanenergo (MAGE) -3.7% -3.4% 2.5% 26.4% -16.6% 59.5%
RU Electric Utilities 1.2% 2.2% 5.3% -4.8% 36% 105.3%
RU Market -0.1% 1.4% 3.1% 7.9% 29.6% 100.8%
1 Year Return vs Industry and Market
  • MAGE outperformed the Electric Utilities industry which returned -4.8% over the past year.
  • MAGE outperformed the Market in Russian Federation which returned 7.9% over the past year.
Price Volatility
MAGE
Industry
5yr Volatility vs Market

MAGE Value

 Is Magadanenergo undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Magadanenergo to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Magadanenergo.

MISX:MAGE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.8%
Perpetual Growth Rate 10-Year RU Government Bond Rate 8.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for MISX:MAGE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year RU Govt Bond Rate 8.4%
Equity Risk Premium S&P Global 9.4%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.24
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.242 (1 + (1- 20%) (306.35%))
0.888
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.89
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.44% + (0.888 * 9.43%)
16.82%

Discounted Cash Flow Calculation for MISX:MAGE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Magadanenergo is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

MISX:MAGE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (RUB, Millions) Source Present Value
Discounted (@ 16.82%)
2019 1,421.45 Est @ 66.75% 1,216.82
2020 2,121.64 Est @ 49.26% 1,554.74
2021 2,906.93 Est @ 37.01% 1,823.54
2022 3,733.70 Est @ 28.44% 2,004.99
2023 4,571.58 Est @ 22.44% 2,101.51
2024 5,405.46 Est @ 18.24% 2,127.12
2025 6,232.52 Est @ 15.3% 2,099.50
2026 7,057.85 Est @ 13.24% 2,035.25
2027 7,890.79 Est @ 11.8% 1,947.86
2028 8,742.45 Est @ 10.79% 1,847.42
Present value of next 10 years cash flows RUB18,758.74
MISX:MAGE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= RUB8,742.45 × (1 + 8.44%) ÷ (16.82% – 8.44%)
RUB113,167.83
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= RUB113,167.83 ÷ (1 + 16.82%)10
RUB23,914.12
MISX:MAGE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= RUB18,758.74 + RUB23,914.12
RUB42,672.86
Equity Value per Share
(RUB)
= Total value / Shares Outstanding
= RUB42,672.86 / 609.51
RUB70.01
MISX:MAGE Discount to Share Price
Calculation Result
Value per share (RUB) From above. RUB70.01
Current discount Discount to share price of RUB2.87
= -1 x (RUB2.87 - RUB70.01) / RUB70.01
95.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Magadanenergo is available for.
Intrinsic value
>50%
Share price is RUB2.87 vs Future cash flow value of RUB70.01
Current Discount Checks
For Magadanenergo to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Magadanenergo's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Magadanenergo's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Magadanenergo's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Magadanenergo's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MISX:MAGE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in RUB RUB1.37
MISX:MAGE Share Price ** MISX (2019-04-19) in RUB RUB2.87
Russian Federation Electric Utilities Industry PE Ratio Median Figure of 33 Publicly-Listed Electric Utilities Companies 6.87x
Russian Federation Market PE Ratio Median Figure of 129 Publicly-Listed Companies 7.37x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Magadanenergo.

MISX:MAGE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MISX:MAGE Share Price ÷ EPS (both in RUB)

= 2.87 ÷ 1.37

2.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Magadanenergo is good value based on earnings compared to the RU Electric Utilities industry average.
  • Magadanenergo is good value based on earnings compared to the Russian Federation market.
Price based on expected Growth
Does Magadanenergo's expected growth come at a high price?
Raw Data
MISX:MAGE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Russian Federation Electric Utilities Industry PEG Ratio Median Figure of 8 Publicly-Listed Electric Utilities Companies 0.14x
Russian Federation Market PEG Ratio Median Figure of 33 Publicly-Listed Companies 0.5x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Magadanenergo, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Magadanenergo's assets?
Raw Data
MISX:MAGE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in RUB RUB-0.55
MISX:MAGE Share Price * MISX (2019-04-19) in RUB RUB2.87
Russian Federation Electric Utilities Industry PB Ratio Median Figure of 37 Publicly-Listed Electric Utilities Companies 0.58x
Russian Federation Market PB Ratio Median Figure of 149 Publicly-Listed Companies 0.82x
MISX:MAGE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MISX:MAGE Share Price ÷ Book Value per Share (both in RUB)

= 2.87 ÷ -0.55

-5.24x

* Primary Listing of Magadanenergo.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Magadanenergo has negative assets, we can't compare the value of its assets to the RU Electric Utilities industry average.
X
Value checks
We assess Magadanenergo's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check)
  5. Magadanenergo has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MAGE Future Performance

 How is Magadanenergo expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Magadanenergo 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.3%
Expected Electric Utilities industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Magadanenergo expected to grow at an attractive rate?
  • Unable to compare Magadanenergo's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Magadanenergo's earnings growth to the Russian Federation market average as no estimate data is available.
  • Unable to compare Magadanenergo's revenue growth to the Russian Federation market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MISX:MAGE Future Growth Rates Data Sources
Data Point Source Value (per year)
Russian Federation Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 2.3%
Russian Federation Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Russian Federation Market Earnings Growth Rate Market Cap Weighted Average 3.6%
Russian Federation Market Revenue Growth Rate Market Cap Weighted Average 4.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MISX:MAGE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in RUB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MISX:MAGE Past Financials Data
Date (Data in RUB Millions) Revenue Cash Flow Net Income *
2018-06-30 18,972 1,964 835
2018-03-31 18,333 1,426 803
2017-12-31 17,693 887 770
2017-09-30 17,429 336 66
2017-06-30 17,164 -216 -639
2017-03-31 16,173 -397 -1,442
2016-12-31 15,182 -578 -2,244
2015-12-31 13,879 140 -1,425

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Magadanenergo is high growth as no earnings estimate data is available.
  • Unable to determine if Magadanenergo is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MISX:MAGE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Magadanenergo Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:MAGE Past Financials Data
Date (Data in RUB Millions) EPS *
2018-06-30 1.37
2018-03-31 1.32
2017-12-31 1.26
2017-09-30 0.11
2017-06-30 -1.05
2017-03-31 -2.36
2016-12-31 -3.68
2015-12-31 -2.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Magadanenergo will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Magadanenergo is trading at Magadanenergo'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Magadanenergo's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Utilities companies here
  3. Magadanenergo's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Magadanenergo's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Russian Federation market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Russian Federation market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Magadanenergo has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MAGE Past Performance

  How has Magadanenergo performed over the past 5 years?

  • Magadanenergo's last earnings update was 234 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Magadanenergo's growth in the last year to its industry (Electric Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Magadanenergo's year on year earnings growth rate has been positive over the past 5 years.
  • Magadanenergo has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Magadanenergo has become profitable in the last year making it difficult to compare the RU Electric Utilities industry average.
Earnings and Revenue History
Magadanenergo's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Magadanenergo Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MISX:MAGE Past Revenue, Cash Flow and Net Income Data
Date (Data in RUB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 18,972.00 835.00 6,363.00
2018-03-31 18,332.50 802.50 6,317.00
2017-12-31 17,693.00 770.00 6,271.00
2017-09-30 17,428.50 65.50 6,183.00
2017-06-30 17,164.00 -639.00 6,095.00
2017-03-31 16,173.00 -1,441.50 6,070.00
2016-12-31 15,182.00 -2,244.00 6,045.00
2015-12-31 13,879.00 -1,425.00 6,276.00
2014-12-31 13,189.00 -808.00 5,011.00
2013-12-31 13,095.00 602.00 4,554.00
2012-12-31 10,858.00 566.00 4,181.00
2012-09-30 5,750.65 145.40 0.81
2012-06-30 5,702.06 42.89 1.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Magadanenergo has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Magadanenergo used its assets more efficiently than the RU Electric Utilities industry average last year based on Return on Assets.
  • Magadanenergo has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Magadanenergo's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Magadanenergo has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MAGE Health

 How is Magadanenergo's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Magadanenergo's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Magadanenergo is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Magadanenergo's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Magadanenergo's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Magadanenergo has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Magadanenergo Company Filings, last reported 9 months ago.

MISX:MAGE Past Debt and Equity Data
Date (Data in RUB Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 -334.00 5,359.00 303.00
2018-03-31 -334.00 5,359.00 303.00
2017-12-31 -1,000.00 5,094.00 130.00
2017-09-30 -1,000.00 5,094.00 130.00
2017-06-30 -1,223.00 4,820.00 50.00
2017-03-31 -1,223.00 4,820.00 50.00
2016-12-31 -2,315.00 4,540.00 44.00
2015-12-31 -43.00 2,690.00 18.00
2014-12-31 1,481.00 2,004.00 55.00
2013-12-31 2,186.00 890.00 220.00
2012-12-31 1,572.00 1,160.00 147.00
2012-09-30 5,434.58 1,054.10 71.87
2012-06-30 5,251.20 606.00 199.45
  • Magadanenergo has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Magadanenergo's debt level has increased considering it has negative shareholder equity.
  • Debt is well covered by operating cash flow (36.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.3x coverage).
X
Financial health checks
We assess Magadanenergo's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Magadanenergo has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MAGE Dividends

 What is Magadanenergo's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Magadanenergo dividends.
If you bought RUB2,000 of Magadanenergo shares you are expected to receive RUB0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Magadanenergo's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Magadanenergo's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MISX:MAGE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Russian Federation Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 5.9%
Russian Federation Market Average Dividend Yield Market Cap Weighted Average of 75 Stocks 6.8%
Russian Federation Minimum Threshold Dividend Yield 10th Percentile 1.6%
Russian Federation Bottom 25% Dividend Yield 25th Percentile 3.3%
Russian Federation Top 25% Dividend Yield 75th Percentile 9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

MISX:MAGE Past Annualized Dividends Data
Date (Data in RUB) Dividend per share (annual) Avg. Yield (%)
2010-11-12 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Magadanenergo has not reported any payouts.
  • Unable to verify if Magadanenergo's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Magadanenergo's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Magadanenergo has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Magadanenergo's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Magadanenergo afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Magadanenergo has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MAGE Management

 What is the CEO of Magadanenergo's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vladimir Milotvorskiy
CEO Bio

Mr. Vladimir Evaldovich Milotvorskiy serves as the Chairman of Management Board and Chief Executive Officer at JSC Magadanenergo.

CEO Compensation
  • Insufficient data for Vladimir to compare compensation growth.
  • Insufficient data for Vladimir to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Vladimir Milotvorskiy

TITLE
Chairman of Management Board & CEO

Vadim Antonov

TITLE
Deputy CEO of Finance & Member of Management Board

Natalia Khasyanova

TITLE
Chief Accountant & Member of Management Board

Alexey Klekovkin

TITLE
First Deputy Chief Executive Officer

Sergey Gorokh

TITLE
Director of Corporate Management and Member of Management Board

Alexandr Murashkin

TITLE
Head of Legal Support Department & Member of Management Board

Ilya Gorshkov

TITLE
Deputy Chief Executive Officer of Production Support and Member of Management Board

Ludmila Zimina

TITLE
Head of Department of Human Resources Management and Member of Management Board
AGE
62

Mark Khasyanov

TITLE
Director of Development Strategy & Investment and Member of the Management Board
AGE
49

Vyacheslav Shustov

TITLE
Deputy CEO of Security & Member of Management Board
Board of Directors

Stanislav Koptyakov

TITLE
Deputy Chairman

Andrey Telegin

TITLE
Director
AGE
39

Nikolay Savostikov

TITLE
Director

Dmitry Trefilov

TITLE
Director
AGE
37

Igor Repin

TITLE
Director

Ilya Lishanskiy

TITLE
Director

Igor Polovnev

TITLE
Director
AGE
49

Sergey Tikhomirov

TITLE
Director

Andriyan Shamayko

TITLE
Director

Vitaliy Ponurovskiy

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (RUB) Value (RUB)
X
Management checks
We assess Magadanenergo's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Magadanenergo has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MAGE News

Simply Wall St News

The Magadanenergo (MCX:MAGE) Share Price Has Gained 45% And Shareholders Are Hoping For More

But Public Joint Stock Company Magadanenergo (MCX:MAGE) has fallen short of that second goal, with a share price rise of 45% over five years, which is below the market return. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the five years of share price growth, Magadanenergo moved from a loss to profitability.

Simply Wall St -

Is Public Joint Stock Company Magadanenergo’s (MCX:MAGE) 35% ROCE Any Good?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

What Do You Get For Owning Public Joint Stock Company Magadanenergo (MCX:MAGE)?

and want to begin learning the link between Public Joint Stock Company Magadanenergo (MCX:MAGE)’s return fundamentals and stock market performance. … As a result, your investment is being put to work to fund operations and if you want to earn an attractive return on your investment, the business needs to be making an adequate amount of money from the funds you provide … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock.

Simply Wall St -

When Will Public Joint Stock Company Magadanenergo (MCX:MAGE) Run Out Of Cash?

View our latest analysis for Magadanenergo What is cash burn? … The measure of how fast Magadanenergo goes through its cash reserves over time is called the cash burn rate. … MISX:MAGE Income Statement Apr 3rd 18 When will Magadanenergo need to raise more cash?

Simply Wall St -

Who Are The Major Shareholders Of Public Joint Stock Company Magadanenergo (MCX:MAGE)?

Today, I will be analyzing Public Joint Stock Company Magadanenergo’s (MISX:MAGE) recent ownership structure, an important but not-so-popular subject among individual investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Another important group of owners for potential investors in MAGE are private companies that hold a stake of 8.71% in MAGE.

Simply Wall St -

Public Joint Stock Company Magadanenergo (MCX:MAGE): Does The -57.23% Earnings Drop Reflect A Longer Term Trend?

Each year, for the past half a decade Magadanenergo's top-line has increased by 20.94% on average, signalling that the company is in a high-growth phase with expenses racing ahead revenues, leading to annual losses. … Though Magadanenergo's past data is helpful, it is only one aspect of my investment thesis. … I recommend you continue to research Magadanenergo to get a better picture of the stock by looking at: 1.

Simply Wall St -

MAGE Company Info

Description

Public Joint Stock Company Magadanenergo engages in the generation, transmission, and distribution of electricity and heat in Russia. The company is also involved in the repair, reconstruction, and modernization of energy facilities and transport services, and building and power grid facilities. In addition, it offers support services for maintenance of buildings and transport; conducts repairs for transformers and generators, as well as other installations; and manufactures and repairs equipment of power units of heat, coils, boilers heating surfaces, half couplings, fittings, flues, etc., as well as turners, fitters, and millers. The company provides its electricity in the Magadan region, Chukotka Autonomous district, and Nizhnekolymsky Oymyakon ulus; and heat in Magadan, Anadyr, Pevek, Myaundzha, and Egvekinot. It has electric power stations with an installed capacity of 438.5 MW; and thermal power stations with installed capacity of 749 Gcal/h. Public Joint Stock Company Magadanenergo was founded in 1933 and is based in Magadan, Russia.

Details
Name: Public Joint Stock Company Magadanenergo
MAGE
Exchange: MISX
Founded: 1933
RUB1,749,298,068
609,511,522
Website: http://www.magadanenergo.ru
Address: Public Joint Stock Company Magadanenergo
24, Sovetskaya Street,
Magadan,
Magadanskaya obl., 685000,
Russia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MISX MAGE Usual Shares Micex - Rts RU RUB 23. Jun 1998
MISX MAGEP Preferred Shares Micex - Rts RU RUB 04. Apr 2002
Number of employees
Current staff
Staff numbers
0
Magadanenergo employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:15
End of day share price update: 2019/04/19 00:00
Last earnings filing: 2018/08/30
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.