Public Joint-Stock Company "Rosseti Moscow Region", together with its subsidiaries, engages in the transmission of electricity through electrical networks primarily in Moscow, Russia. More Details
Good value average dividend payer.
Share Price & News
How has Rosseti Moscow Region's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSRS is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MSRS's weekly volatility (3%) has been stable over the past year.
7 Day Return
RU Electric Utilities
1 Year Return
RU Electric Utilities
Return vs Industry: MSRS exceeded the Russian Electric Utilities industry which returned 13.6% over the past year.
Return vs Market: MSRS underperformed the Russian Market which returned 29.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Rosseti Moscow Region's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StCapital Allocation Trends At Rosseti Moscow Region (MCX:MSRS) Aren't Ideal
1 month ago | Simply Wall StIs Rosseti Moscow Region (MCX:MSRS) Using Too Much Debt?
2 months ago | Simply Wall StRosseti Moscow Region (MCX:MSRS) Has Compensated Shareholders With A Respectable 83% Return On Their Investment
Is Rosseti Moscow Region undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MSRS (RUB1.24) is trading below our estimate of fair value (RUB4.06)
Significantly Below Fair Value: MSRS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MSRS is poor value based on its PE Ratio (12.7x) compared to the Russian Electric Utilities industry average (7.9x).
PE vs Market: MSRS is poor value based on its PE Ratio (12.7x) compared to the Russian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: MSRS is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: MSRS is good value based on its PB Ratio (0.3x) compared to the RU Electric Utilities industry average (0.6x).
How is Rosseti Moscow Region forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSRS's forecast earnings growth (27% per year) is above the savings rate (7.4%).
Earnings vs Market: MSRS's earnings (27% per year) are forecast to grow faster than the Russian market (18.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MSRS's revenue (3.9% per year) is forecast to grow slower than the Russian market (7.3% per year).
High Growth Revenue: MSRS's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MSRS's Return on Equity is forecast to be low in 3 years time (4.7%).
How has Rosseti Moscow Region performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSRS has high quality earnings.
Growing Profit Margin: MSRS's current net profit margins (2.9%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: MSRS's earnings have declined by 8.6% per year over the past 5 years.
Accelerating Growth: MSRS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSRS had negative earnings growth (-41.4%) over the past year, making it difficult to compare to the Electric Utilities industry average (1.2%).
Return on Equity
High ROE: MSRS's Return on Equity (2.7%) is considered low.
How is Rosseti Moscow Region's financial position?
Financial Position Analysis
Short Term Liabilities: MSRS's short term assets (RUB26.1B) do not cover its short term liabilities (RUB62.9B).
Long Term Liabilities: MSRS's short term assets (RUB26.1B) do not cover its long term liabilities (RUB116.9B).
Debt to Equity History and Analysis
Debt Level: MSRS's debt to equity ratio (46%) is considered high.
Reducing Debt: MSRS's debt to equity ratio has increased from 43.7% to 46% over the past 5 years.
Debt Coverage: MSRS's debt is well covered by operating cash flow (47.3%).
Interest Coverage: MSRS's interest payments on its debt are well covered by EBIT (4.8x coverage).
What is Rosseti Moscow Region current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MSRS's dividend (3.96%) is higher than the bottom 25% of dividend payers in the Russian market (3.65%).
High Dividend: MSRS's dividend (3.96%) is low compared to the top 25% of dividend payers in the Russian market (8.14%).
Stability and Growth of Payments
Stable Dividend: MSRS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MSRS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.5%), MSRS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MSRS's dividends in 3 years are forecast to be well covered by earnings (32.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Sinyutin (58 yo)
Mr. Peter Alekseevich Sinyutin serves as Chairman and Member of Management Board at Open Joint-Stock Company Moscow United Electric Grid Company. Mr. Sinyutin serves as the General Director of Open Joint-S...
Experienced Management: MSRS's management team is considered experienced (3.3 years average tenure).
Experienced Board: MSRS's board of directors are not considered experienced ( 2.4 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 Moscow Region"'s company bio, employee growth, exchange listings and data sources
- Name: Public Joint-Stock Company "Rosseti Moscow Region"
- Ticker: MSRS
- Exchange: MISX
- Founded: NaN
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ₽60.592b
- Shares outstanding: 48.71b
- Website: https://www.rossetimr.ru
Number of Employees
- Public Joint-Stock Company "Rosseti Moscow Region"
- 3, Building 2
- 2 Paveletskiy proezd
Public Joint-Stock Company "Rosseti Moscow Region", together with its subsidiaries, engages in the transmission of electricity through electrical networks primarily in Moscow, Russia. It also installs, rep...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 04:53|
|End of Day Share Price||2021/05/17 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.