MRKP Stock Overview
Public Joint stock company Rosseti Centre and Volga region, together with its subsidiaries, engages in the transmission and distribution of electricity in Russia.
Rosseti Centre and Volga region Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₽0.18|
|52 Week High||₽0.29|
|52 Week Low||₽0.13|
|1 Month Change||0%|
|3 Month Change||-10.49%|
|1 Year Change||-26.04%|
|3 Year Change||-24.96%|
|5 Year Change||-39.11%|
|Change since IPO||-16.23%|
Recent News & Updates
These 4 Measures Indicate That Interregional Distribution Grid Company of Center and Volga Region (MCX:MRKP) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|MRKP||RU Electric Utilities||RU Market|
Return vs Industry: MRKP underperformed the Russian Electric Utilities industry which returned -24.3% over the past year.
Return vs Market: MRKP exceeded the Russian Market which returned -32.9% over the past year.
|MRKP Average Weekly Movement||6.6%|
|Electric Utilities Industry Average Movement||5.6%|
|Market Average Movement||4.9%|
|10% most volatile stocks in RU Market||8.5%|
|10% least volatile stocks in RU Market||2.9%|
Stable Share Price: MRKP is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MRKP's weekly volatility (7%) has been stable over the past year.
About the Company
Public Joint stock company Rosseti Centre and Volga region, together with its subsidiaries, engages in the transmission and distribution of electricity in Russia. It supplies electricity transmission and technological connection services to electric grids located in Vladimir, Ivanovo, Kaluga, Kirov, Nizhny Novgorod, Ryazan, and Tula regions, as well as in the Republic of Mary El and the Republic of Udmurtia. The company was founded in 2007 and is headquartered in Nizhny Novgorod, Russia.
Rosseti Centre and Volga region Fundamentals Summary
|MRKP fundamental statistics|
Is MRKP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MRKP income statement (TTM)|
|Cost of Revenue||₽88.71b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.087|
|Net Profit Margin||9.39%|
How did MRKP perform over the long term?See historical performance and comparison
14.4%Current Dividend Yield
Is MRKP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MRKP?
Other financial metrics that can be useful for relative valuation.
|What is MRKP's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MRKP's PE Ratio compare to its peers?
|MRKP PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
KUBE Rosseti Kuban PJSC
DVEC FAR-EASTERN ENERGY
TGKA Territorial Generating Company No. 1
MRKU Interregional Distribution Grid Company of Urals
MRKP Rosseti Centre and Volga region
Price-To-Earnings vs Peers: MRKP is good value based on its Price-To-Earnings Ratio (2.1x) compared to the peer average (5.6x).
Price to Earnings Ratio vs Industry
How does MRKP's PE Ratio compare vs other companies in the RU Electric Utilities Industry?
Price-To-Earnings vs Industry: MRKP is good value based on its Price-To-Earnings Ratio (2.1x) compared to the Russian Electric Utilities industry average (5.8x)
Price to Earnings Ratio vs Fair Ratio
What is MRKP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.1x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MRKP's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MRKP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MRKP (RUB0.18) is trading below our estimate of fair value (RUB1.84)
Significantly Below Fair Value: MRKP is trading below fair value by more than 20%.
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.
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How is Rosseti Centre and Volga region forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Centre and Volga region 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.
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- Examine whether Rosseti Centre and Volga region is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Rosseti Centre and Volga region competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Rosseti Centre and Volga region performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRKP has high quality earnings.
Growing Profit Margin: MRKP's current net profit margins (9.4%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: MRKP's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: MRKP's earnings growth over the past year (35.1%) exceeds its 5-year average (0.6% per year).
Earnings vs Industry: MRKP earnings growth over the past year (35.1%) exceeded the Electric Utilities industry 28.2%.
Return on Equity
High ROE: MRKP's Return on Equity (14.4%) is considered low.
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How is Rosseti Centre and Volga region's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MRKP's short term assets (RUB20.8B) do not cover its short term liabilities (RUB23.8B).
Long Term Liabilities: MRKP's short term assets (RUB20.8B) do not cover its long term liabilities (RUB32.2B).
Debt to Equity History and Analysis
Debt Level: MRKP's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: MRKP's debt to equity ratio has reduced from 66.2% to 37.8% over the past 5 years.
Debt Coverage: MRKP's debt is well covered by operating cash flow (78.4%).
Interest Coverage: MRKP's interest payments on its debt are well covered by EBIT (9.1x coverage).
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What is Rosseti Centre and Volga region current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRKP's dividend (14.4%) is higher than the bottom 25% of dividend payers in the Russian market (4.85%).
High Dividend: MRKP's dividend (14.4%) is in the top 25% of dividend payers in the Russian market (13.13%)
Stability and Growth of Payments
Stable Dividend: MRKP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MRKP's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), MRKP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Makovskiy Vladimirovich (50 yo)
Mr. Makovskiy Igor Vladimirovich serves as Executive Director at Public Joint stock company Rosseti Centre and Volga region (formerly known as Interregional Distribution Grid Company of Center and Volga Re...
Experienced Management: MRKP's management team is considered experienced (2.4 years average tenure).
Experienced Board: MRKP's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Public Joint stock company Rosseti Centre and Volga region's employee growth, exchange listings and data sources
- Name: Public Joint stock company Rosseti Centre and Volga region
- Ticker: MRKP
- Exchange: MISX
- Founded: 2007
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: ₽20.297b
- Shares outstanding: 112.70b
- Website: https://www.mrsk-cp.ru
Number of Employees
- Public Joint stock company Rosseti Centre and Volga region
- 33 Rozhdestvenskaya Street
- Nizhny Novgorod
- Nizhegorodskaya obl.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/07/08 00:00|
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.