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MRKK

ROSSETI Northern Caucasus MISX:MRKK Stock Report

Last Price

₽9.80

Market Cap

₽11.6b

7D

0%

1Y

-65.1%

Updated

28 Sep, 2022

Data

Company Financials
MRKK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

MRKK Stock Overview

Public Joint Stock Company "ROSSETI Northern Caucasus" engages in the transmission and distribution of electrical energy.

ROSSETI Northern Caucasus Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ROSSETI Northern Caucasus
Historical stock prices
Current Share Price₽9.80
52 Week High₽39.34
52 Week Low₽8.90
Beta0.98
1 Month Change0%
3 Month Change-2.97%
1 Year Change-65.05%
3 Year Change-71.33%
5 Year Change-53.33%
Change since IPO-94.66%

Recent News & Updates

Shareholder Returns

MRKKRU Electric UtilitiesRU Market
7D0%0%0%
1Y-65.1%-25.3%-36.2%

Return vs Industry: MRKK underperformed the Russian Electric Utilities industry which returned -24.9% over the past year.

Return vs Market: MRKK underperformed the Russian Market which returned -36.4% over the past year.

Price Volatility

Is MRKK's price volatile compared to industry and market?
MRKK volatility
MRKK Average Weekly Movementn/a
Electric Utilities Industry Average Movement4.1%
Market Average Movement5.3%
10% most volatile stocks in RU Market10.0%
10% least volatile stocks in RU Market2.8%

Stable Share Price: Insufficient data to determine MRKK's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine MRKK's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aRoman Levchenkohttps://www.rossetisk.ru

Public Joint Stock Company "ROSSETI Northern Caucasus" engages in the transmission and distribution of electrical energy. It also engages in the technological connection of consumers to the grid infrastructure; and construction of electric grids and grid facilities. In addition, the company buys and sells power and capacity in wholesale market, as well as markets and sells power and capacities in the retail market of the Republic of Ingushetia, the Republic of North Ossetia-Alania, and the Republic of Dagestan.

ROSSETI Northern Caucasus Fundamentals Summary

How do ROSSETI Northern Caucasus's earnings and revenue compare to its market cap?
MRKK fundamental statistics
Market Cap₽11.58b
Earnings (TTM)-₽14.08b
Revenue (TTM)₽33.22b

0.3x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRKK income statement (TTM)
Revenue₽33.22b
Cost of Revenue₽37.77b
Gross Profit-₽4.55b
Other Expenses₽9.53b
Earnings-₽14.08b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-11.92
Gross Margin-13.70%
Net Profit Margin-42.39%
Debt/Equity Ratio-22.0%

How did MRKK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MRKK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MRKK?

Other financial metrics that can be useful for relative valuation.

MRKK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA-1.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does MRKK's PS Ratio compare to its peers?

MRKK PS Ratio vs Peers
The above table shows the PS ratio for MRKK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.2x
MRKC Rosseti Centre
0.1xn/a₽10.4b
VRSB TNS energo Voronezh
0.3xn/a₽9.3b
MRKU Interregional Distribution Grid Company of Urals
0.1xn/a₽13.3b
DVEC FAR-EASTERN ENERGY
0.1xn/a₽14.8b
MRKK ROSSETI Northern Caucasus
0.3xn/a₽11.6b

Price-To-Sales vs Peers: MRKK is expensive based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.2x).


Price to Earnings Ratio vs Industry

How does MRKK's PE Ratio compare vs other companies in the RU Electric Utilities Industry?

Price-To-Sales vs Industry: MRKK is expensive based on its Price-To-Sales Ratio (0.3x) compared to the Russian Electric Utilities industry average (0.2x)


Price to Sales Ratio vs Fair Ratio

What is MRKK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MRKK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MRKK's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MRKK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MRKK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MRKK's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

  • Take a look at our analysis of MRKK'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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through ROSSETI Northern Caucasus regulatory filings.

Future Growth

How is ROSSETI Northern Caucasus 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


12.5%

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 ROSSETI Northern Caucasus 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.


Discover growth companies

  • Take a look at our analysis of MRKK’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.
  • ROSSETI Northern Caucasus competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has ROSSETI Northern Caucasus performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-28.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MRKK is currently unprofitable.

Growing Profit Margin: MRKK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MRKK is unprofitable, and losses have increased over the past 5 years at a rate of 28% per year.

Accelerating Growth: Unable to compare MRKK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MRKK is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (28.2%).


Return on Equity

High ROE: MRKK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is ROSSETI Northern Caucasus's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MRKK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MRKK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MRKK has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MRKK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if MRKK has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MRKK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies

Dividend

What is ROSSETI Northern Caucasus's 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

  • Cash Flow Coverage

Dividend Yield vs Market

ROSSETI Northern Caucasus Dividend Yield vs Market
How does ROSSETI Northern Caucasus dividend yield compare to the market?
SegmentDividend Yield
Company (ROSSETI Northern Caucasus)0%
Market Bottom 25% (RU)4.4%
Market Top 25% (RU)13.2%
Industry Average (Electric Utilities)8.3%
Analyst forecast in 3 Years (ROSSETI Northern Caucasus)n/a

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: MRKK is not paying a notable dividend for the Russian market.


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

2.8yrs

Average management tenure


CEO

Roman Levchenko (43 yo)

1.33yrs

Tenure

Mr. Roman Alekseevich Levchenko is Acting Chairman of Management Board, Director General & Executive Director of Public Joint Stock Company "ROSSETI Northern Caucasus" from February 18, 2022. He was Acting...


Leadership Team

Experienced Management: MRKK's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: MRKK's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

What is the ownership structure of MRKK?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders6400.0%
State or Government404,1920.03%
General Public9,229,6060.8%
Public Companies1,172,165,36199.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.8%.


Top Shareholders

Top 17 shareholders own 99.22% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
99.18%
Rosseti, Public Joint Stock Company
1,172,165,361RUB11.5b0%no data
0.012%
Administration of Chirkey
147,001RUB1.4m0%no data
0.0036%
Municipal formation village of Gimry
41,985RUB411.5k0%no data
0.0032%
Administration of Novochirkey
37,627RUB368.7k0%no data
0.0029%
Municipality of Rural Settlement Village of Chirkata
33,819RUB331.4k0%no data
0.0025%
Administration of Gelbakh
29,232RUB286.5k0%no data
0.0019%
Administration of Miatli
22,976RUB225.2k0%no data
0.0016%
Administration of Stariy Bavtugay
19,038RUB186.6k0%no data
0.0014%
Administration of rural settlements Village Council Hvartikuninskiy
16,040RUB157.2k0%no data
0.0014%
Administration of Gergebil
16,040RUB157.2k0%no data
0.0013%
Administration of Nizhniy Chiryurt
15,231RUB149.3k0%no data
0.00071%
Administration of Untsukul
8,375RUB82.1k0%no data
0.0007%
Administration of Zubutli-Miatli
8,225RUB80.6k0%no data
0.00042%
Administration of Ashilta
4,917RUB48.2k0%no data
0.00027%
Administration of Salta
3,198RUB31.3k0%no data
0.00005%
Aleksey Chernov
640RUB6.3k0%no data
0.00004%
Ministry of Property Relations of the Stavropol Kray
488RUB4.8k0%no data

Company Information

Public Joint Stock Company "ROSSETI Northern Caucasus"'s employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company "ROSSETI Northern Caucasus"
  • Ticker: MRKK
  • Exchange: MISX
  • Founded: 2006
  • Industry: Electric Utilities
  • Sector: Utilities
  • Implied Market Cap: ₽11.582b
  • Shares outstanding: 1.18b
  • Website: https://www.rossetisk.ru

Location

  • Public Joint Stock Company "ROSSETI Northern Caucasus"
  • 13a Podstantsionnaya Street
  • Pyatigorsk
  • Stavropolsky kray
  • 357506
  • Russia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MRKKMISX (Micex - Rts)YesCommon SharesRURUBJun 2008

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/07/08 00:00
Earnings2021/09/30
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.