Executive Summary
Public Joint-Stock Company Interregional Distribution Grid Company of Siberia, together with its subsidiaries, transmits and distributes electricity for power grids in Russia. More Details
Rewards
Risk Analysis
No risks detected for MRKS from our risk checks.
Snowflake Analysis
Slightly overvalued with weak fundamentals.
Similar Companies
Share Price & News
How has Interregional Distribution Grid Company of Siberia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRKS is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MRKS's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
3.5%
MRKS
-2.3%
RU Electric Utilities
-0.2%
RU Market
1 Year Return
66.2%
MRKS
-3.3%
RU Electric Utilities
1.4%
RU Market
Return vs Industry: MRKS exceeded the Russian Electric Utilities industry which returned -3.3% over the past year.
Return vs Market: MRKS exceeded the Russian Market which returned 1.4% over the past year.
Shareholder returns
| MRKS | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.5% | -2.3% | -0.2% |
| 30 Day | -1.6% | -2.0% | 1.0% |
| 90 Day | 27.0% | 1.6% | 7.8% |
| 1 Year | 66.2%66.2% | 1.0%-3.3% | 8.0%1.4% |
| 3 Year | 215.8%200.8% | 38.2%18.7% | 51.4%25.0% |
| 5 Year | 706.6%668.3% | 166.5%111.5% | 126.1%71.3% |
Long-Term Price Volatility Vs. Market
How volatile is Interregional Distribution Grid Company of Siberia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Interregional Distribution Grid Company of Siberia (MCX:MRKS) Using Too Much Debt?1 month ago | Simply Wall St
We Like These Underlying Trends At Interregional Distribution Grid Company of Siberia (MCX:MRKS)Valuation
Is Interregional Distribution Grid Company of Siberia undervalued compared to its fair value and its price relative to the market?
34.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MRKS (RUB0.39) is trading below our estimate of fair value (RUB0.59)
Significantly Below Fair Value: MRKS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MRKS is unprofitable, so we can't compare its PE Ratio to the RU Electric Utilities industry average.
PE vs Market: MRKS is unprofitable, so we can't compare its PE Ratio to the Russian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MRKS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MRKS is overvalued based on its PB Ratio (2.1x) compared to the RU Electric Utilities industry average (0.7x).
Next Steps
Future Growth
How is Interregional Distribution Grid Company of Siberia forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
3.6%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MRKS's forecast earnings growth is above the savings rate (7.7%).
Earnings vs Market: Insufficient data to determine if MRKS's earnings are forecast to grow faster than the Russian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MRKS's revenue (3.6% per year) is forecast to grow slower than the Russian market (8.2% per year).
High Growth Revenue: MRKS's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MRKS's Return on Equity is forecast to be low in 3 years time (8.1%).
Next Steps
Past Performance
How has Interregional Distribution Grid Company of Siberia performed over the past 5 years?
17.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRKS is currently unprofitable.
Growing Profit Margin: MRKS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MRKS is unprofitable, but has reduced losses over the past 5 years at a rate of 17% per year.
Accelerating Growth: Unable to compare MRKS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MRKS is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (-0.02%).
Return on Equity
High ROE: MRKS has a negative Return on Equity (-3.54%), as it is currently unprofitable.
Next Steps
Financial Health
How is Interregional Distribution Grid Company of Siberia's financial position?
Financial Position Analysis
Short Term Liabilities: MRKS's short term assets (RUB11.6B) do not cover its short term liabilities (RUB19.7B).
Long Term Liabilities: MRKS's short term assets (RUB11.6B) do not cover its long term liabilities (RUB37.6B).
Debt to Equity History and Analysis
Debt Level: MRKS's debt to equity ratio (216.4%) is considered high.
Reducing Debt: MRKS's debt to equity ratio has increased from 136.8% to 216.4% over the past 5 years.
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 MRKS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MRKS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Interregional Distribution Grid Company of Siberia current dividend yield, its reliability and sustainability?
2.77%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MRKS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MRKS'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 MRKS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MRKS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MRKS is not paying a notable dividend for the Russian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MRKS's dividend in 3 years as they are not forecast to pay a notable one for the Russian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Artem Pidnic
2.33yrs
Tenure
Artem Pidnic has been Director General of PJSC IDGC of North-West since 11 October 2018.
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 Interregional Distribution Grid Company of Siberia's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Public Joint Stock Company Interregional Distribution Grid Company of Siberia
- Ticker: MRKS
- Exchange: MISX
- Founded: 2005
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ₽38.495b
- Shares outstanding: 94.82b
- Website: https://rosseti-sib.ru
Number of Employees
Location
- Public Joint Stock Company Interregional Distribution Grid Company of Siberia
- 144a, Bograda street
- Krasnoyarsk
- Krasnoyarsky kray
- 660021
- Russia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MRKS | MISX (Micex - Rts) | Yes | Ordinary Shares | RU | RUB | Jun 2008 |
Biography
Public Joint-Stock Company Interregional Distribution Grid Company of Siberia, together with its subsidiaries, transmits and distributes electricity for power grids in Russia. It also provides services for...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/25 18:11 |
| End of Day Share Price | 2021/02/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.