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MAGE

Magadanenergo MISX:MAGE Stock Report

Last Price

₽5.89

Market Cap

₽3.6b

7D

5.7%

1Y

-37.9%

Updated

19 May, 2022

Data

Company Financials
MAGE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

MAGE Stock Overview

Public Joint Stock Company Magadanenergo, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity, gas, and steam in Russia.

Magadanenergo Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Magadanenergo
Historical stock prices
Current Share Price₽5.89
52 Week High₽9.73
52 Week Low₽3.30
Beta0.46
1 Month Change-2.48%
3 Month Change-2.48%
1 Year Change-37.87%
3 Year Change114.18%
5 Year Change121.43%
Change since IPO390.83%

Recent News & Updates

Oct 18
Magadanenergo's (MCX:MAGE) Returns On Capital Are Heading Higher

Magadanenergo's (MCX:MAGE) Returns On Capital Are Heading Higher

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...

Shareholder Returns

MAGERU Electric UtilitiesRU Market
7D5.7%2.6%5.3%
1Y-37.9%-27.5%-20.6%

Return vs Industry: MAGE underperformed the Russian Electric Utilities industry which returned -27.7% over the past year.

Return vs Market: MAGE underperformed the Russian Market which returned -20.1% over the past year.

Price Volatility

Is MAGE's price volatile compared to industry and market?
MAGE volatility
MAGE Average Weekly Movement14.5%
Electric Utilities Industry Average Movement15.7%
Market Average Movement15.7%
10% most volatile stocks in RU Market22.2%
10% least volatile stocks in RU Market9.7%

Stable Share Price: MAGE is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: MAGE's weekly volatility has increased from 7% to 15% over the past year, but is still lower than 75% of Russian stocks.

About the Company

FoundedEmployeesCEOWebsite
1966n/aVladimir Milotvorskiyhttps://www.magadanenergo.ru

Public Joint Stock Company Magadanenergo, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity, gas, and steam in Russia. The company is also involved in the repair, reconstruction, and technical re-equipment of power facilities, as well as maintenance of transport, buildings, and structures of the power system; and provision of air conditioning activities. It also provides transformers and generators repair services, as well as other installations; manufactures and repairs units of thermal equipment for power plants, coils, heating surfaces of boilers, half-couplings, fittings, gas ducts, etc.; and trades in steam and hot water.

Magadanenergo Fundamentals Summary

How do Magadanenergo's earnings and revenue compare to its market cap?
MAGE fundamental statistics
Market Cap₽3.58b
Earnings (TTM)₽930.00m
Revenue (TTM)₽13.82b

3.9x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAGE income statement (TTM)
Revenue₽13.82b
Cost of Revenue₽6.82b
Gross Profit₽7.01b
Other Expenses₽6.08b
Earnings₽930.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.53
Gross Margin50.68%
Net Profit Margin6.73%
Debt/Equity Ratio65.6%

How did MAGE perform over the long term?

See historical performance and comparison

Valuation

Is Magadanenergo undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


47.1%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MAGE (RUB5.89) is trading below our estimate of fair value (RUB11.13)

Significantly Below Fair Value: MAGE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MAGE is good value based on its PE Ratio (3.9x) compared to the Russian Electric Utilities industry average (5.7x).

PE vs Market: MAGE is good value based on its PE Ratio (3.9x) compared to the Russian market (6.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MAGE is overvalued based on its PB Ratio (1.2x) compared to the RU Electric Utilities industry average (0.6x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.5%

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 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 SimplyWall St do have past financial data.


Past Performance

How has Magadanenergo performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


44.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MAGE has a large one-off gain of RUB542.0M impacting its June 30 2021 financial results.

Growing Profit Margin: MAGE's current net profit margins (6.7%) are lower than last year (14.2%).


Past Earnings Growth Analysis

Earnings Trend: MAGE has become profitable over the past 5 years, growing earnings by 44.4% per year.

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

Earnings vs Industry: MAGE had negative earnings growth (-52.5%) over the past year, making it difficult to compare to the Electric Utilities industry average (5.6%).


Return on Equity

High ROE: MAGE's Return on Equity (30.7%) is considered high.


Financial Health

How is Magadanenergo's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MAGE's short term assets (RUB4.2B) do not cover its short term liabilities (RUB4.8B).

Long Term Liabilities: MAGE's short term assets (RUB4.2B) exceed its long term liabilities (RUB3.3B).


Debt to Equity History and Analysis

Debt Level: MAGE's net debt to equity ratio (56.7%) is considered high.

Reducing Debt: MAGE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: MAGE's debt is well covered by operating cash flow (88.2%).

Interest Coverage: MAGE's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate MAGE'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 MAGE's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MAGE has not reported any payouts.


Discover strong dividend paying companies

Management

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

10.3yrs

Average management tenure


CEO

Vladimir Milotvorskiy (57 yo)

no data

Tenure

Mr. Vladimir Evaldovich Milotvorskiy serves as the Chairman of Management Board, Chief Executive Officer and Director at Public Joint Stock Company Magadanenergo (formerly known as JSC Magadanenergo).


Leadership Team

Experienced Management: MAGE's management team is seasoned and experienced (10.3 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 Magadanenergo's employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company Magadanenergo
  • Ticker: MAGE
  • Exchange: MISX
  • Founded: 1966
  • Industry: Electric Utilities
  • Sector: Utilities
  • Implied Market Cap: ₽3.584b
  • Shares outstanding: 609.51m
  • Website: https://www.magadanenergo.ru

Location

  • Public Joint Stock Company Magadanenergo
  • Sovetskaya Street, 24
  • Magadan
  • Magadanskaya obl.
  • 685000
  • Russia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.