Executive Summary
Public Joint-stock Company TNS energo Mari El supplies electricity in the territory of the Republic of Mari El.
Risk Analysis
+ 1 more risk
Snowflake Analysis
Unattractive dividend payer with poor track record.
Share Price & News
How has TNS energo Mari El's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MISB has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.7%
MISB
0.9%
RU Electric Utilities
0.3%
RU Market
1 Year Return
14.0%
MISB
44.9%
RU Electric Utilities
22.6%
RU Market
Return vs Industry: MISB underperformed the Russian Electric Utilities industry which returned 44.9% over the past year.
Return vs Market: MISB underperformed the Russian Market which returned 22.6% over the past year.
Shareholder returns
| MISB | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | 0.9% | 0.3% |
| 30 Day | 2.7% | 7.6% | -3.3% |
| 90 Day | 16.3% | 27.9% | 5.3% |
| 1 Year | 24.4%14.0% | 54.2%44.9% | 30.9%22.6% |
| 3 Year | 244.8%162.7% | 31.9%13.2% | 67.1%40.8% |
| 5 Year | 578.6%356.0% | 198.2%139.3% | 138.0%85.6% |
Price Volatility Vs. Market
How volatile is TNS energo Mari El's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should We Be Delighted With Public Joint-stock Company TNS energo Mari El's (MCX:MISB) ROE Of 31%?4 weeks ago | Simply Wall St
Should You Be Tempted To Sell Public Joint-stock Company TNS energo Mari El (MCX:MISB) Because Of Its P/E Ratio?1 month ago | Simply Wall St
Announcing: TNS energo Mari El (MCX:MISB) Stock Soared An Exciting 356% In The Last Five YearsValuation
Is TNS energo Mari El undervalued compared to its fair value and its price relative to the market?
11.64x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MISB (RUB11.4) is trading above our estimate of fair value (RUB8.22)
Significantly Below Fair Value: MISB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MISB is poor value based on its PE Ratio (11.6x) compared to the Electric Utilities industry average (8x).
PE vs Market: MISB is poor value based on its PE Ratio (11.6x) compared to the Russian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MISB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MISB is overvalued based on its PB Ratio (3.5x) compared to the RU Electric Utilities industry average (0.8x).
Next Steps
Future Growth
How is TNS energo Mari El forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
4.6%
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 TNS energo Mari El 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
- Take a look at our analysis of MISB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- TNS energo Mari El competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
Past Performance
How has TNS energo Mari El performed over the past 5 years?
-2.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MISB has high quality earnings.
Growing Profit Margin: MISB's current net profit margins (1.5%) are lower than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: MISB's earnings have declined by -2.6% per year over the past 5 years.
Accelerating Growth: MISB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MISB had negative earnings growth (-37.8%) over the past year, making it difficult to compare to the Electric Utilities industry average (-0.2%).
Return on Equity
High ROE: Whilst MISB's Return on Equity (30.9%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is TNS energo Mari El's financial position?
Financial Position Analysis
Short Term Liabilities: MISB's short term assets (RUB1.6B) do not cover its short term liabilities (RUB1.7B).
Long Term Liabilities: MISB's short term assets (RUB1.6B) exceed its long term liabilities (RUB300.0M).
Debt to Equity History and Analysis
Debt Level: MISB's debt to equity ratio (226.1%) is considered high.
Reducing Debt: MISB's debt to equity ratio has increased from 189.3% to 226.1% over the past 5 years.
Debt Coverage: MISB's debt is not well covered by operating cash flow (1%).
Interest Coverage: Insufficient data to determine if MISB's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: MISB has a low level of unsold assets or inventory.
Debt Coverage by Assets: MISB's debt is covered by short term assets (assets are 1.7x debt).
Next Steps
Dividend
What is TNS energo Mari El's current dividend yield, its reliability and sustainability?
6.62%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MISB's dividend (6.62%) is higher than the bottom 25% of dividend payers in the Russian market (3.03%).
High Dividend: MISB's dividend (6.62%) is low compared to the top 25% of dividend payers in the Russian market (7.37%).
Stability and Growth of Payments
Stable Dividend: MISB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MISB's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77%), MISB's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
TNS energo Mari El has no CEO, or we have no data on them.
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 TNS energo Mari El's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Public Joint-stock Company TNS energo Mari El
- Ticker: MISB
- Exchange: MISX
- Founded:
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ₽1.389b
- Shares outstanding: 121.85m
- Website: https://www.mari-el.tns-e.ru
Location
- Public Joint-stock Company TNS energo Mari El
- str., St. Kyrli, D. 21 v.
- Yoshkar-Ola
- Mary-El
- 424019
- Russia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MISB | MISX (Micex - Rts) | Yes | Common Shares | RU | RUB | Feb 2007 |
Biography
Public Joint-stock Company TNS energo Mari El supplies electricity in the territory of the Republic of Mari El. The company serves 313,165 individuals and 7,714 legal entities. It also offers electronic receipts and mobile application services. The company was formerly known as Joint-Stock Company Marienergosbyt and changed its name to Public Joint-stock Company TNS energo Mari El in June 2015. The company is based in Yoshkar-Ola, Russia. Public Joint-stock Company TNS energo Mari El is a subsidiary of Public Joint Stock Company Group of Companies TNS energo.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 21:49 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.