MISX:PMSB

Stock Analysis Report

Perm Energy Supplying

Executive Summary

Public Joint Stock Company Perm Energy Supplying Company engages in the electricity supply to the population and organizations of the Perm Krai.

Rewards

Trading at 64% below its fair value

Risk Analysis

Profit margins (0.9%) are lower than last year (1.5%)

Does not have a meaningful market cap (RUB3B)



Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Perm Energy Supplying's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PMSB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

PMSB

3.1%

RU Electric Utilities

2.0%

RU Market


1 Year Return

20.6%

PMSB

25.1%

RU Electric Utilities

24.5%

RU Market

Return vs Industry: PMSB underperformed the Russian Electric Utilities industry which returned 25.1% over the past year.

Return vs Market: PMSB underperformed the Russian Market which returned 24.5% over the past year.


Shareholder returns

PMSBIndustryMarket
7 Day0%3.1%2.0%
30 Day0.7%3.7%1.1%
90 Day2.7%-0.7%4.3%
1 Year34.6%20.6%31.9%25.1%33.6%24.5%
3 Year115.0%56.1%8.3%-5.7%54.1%30.2%
5 Year310.6%124.2%191.9%135.3%172.7%113.3%

Price Volatility Vs. Market

How volatile is Perm Energy Supplying's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Perm Energy Supplying undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PMSB (RUB89) is trading below our estimate of fair value (RUB247.41)

Significantly Below Fair Value: PMSB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PMSB is poor value based on its PE Ratio (8.9x) compared to the Electric Utilities industry average (7.3x).

PE vs Market: PMSB is poor value based on its PE Ratio (8.9x) compared to the Russian market (7.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PMSB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PMSB is overvalued based on its PB Ratio (2.9x) compared to the RU Electric Utilities industry average (0.6x).


Next Steps

Future Growth

How is Perm Energy Supplying forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.7%

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 Perm Energy Supplying 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

Past Performance

How has Perm Energy Supplying performed over the past 5 years?

19.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PMSB has high quality earnings.

Growing Profit Margin: PMSB's current net profit margins (0.9%) are lower than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: PMSB's earnings have grown by 19.7% per year over the past 5 years.

Accelerating Growth: PMSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PMSB had negative earnings growth (-40.8%) over the past year, making it difficult to compare to the Electric Utilities industry average (-6.4%).


Return on Equity

High ROE: PMSB's Return on Equity (42.1%) is considered outstanding.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Perm Energy Supplying's financial position?


Financial Position Analysis

Short Term Liabilities: PMSB's short term assets (RUB3.5B) exceed its short term liabilities (RUB3.2B).

Long Term Liabilities: PMSB's short term assets (RUB3.5B) exceed its long term liabilities (RUB10.3M).


Debt to Equity History and Analysis

Debt Level: PMSB is debt free.

Reducing Debt: PMSB has no debt compared to 5 years ago when its debt to equity ratio was 161.8%.

Debt Coverage: PMSB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PMSB has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: PMSB has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PMSB's debt is covered by short term assets.


Next Steps

Dividend

What is Perm Energy Supplying's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%3.6%markettop25%8.4%industryaverage5.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate PMSB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PMSB's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: PMSB is not paying a notable dividend for the Russian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PMSB's dividend in 3 years as they are not forecast to pay a notable one for the Russian market.


Next Steps

Management

What is the CEO of Perm Energy Supplying's salary, the management and board of directors tenure and is there insider trading?


CEO

Perm Energy Supplying has no CEO, or we have no data on them.


Insider Trading

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.


Management Team

  • N. Shemyakina

    Chief Accountant

    • Tenure: 0yrs

Board Members

  • Yakov Urinson (75yo)

    Director

    • Tenure: 0yrs
  • Andrey Kitashev (62yo)

    Director

    • Tenure: 0yrs
  • Yuliya Chernyavskaya

    Director

    • Tenure: 0yrs
  • Vladislav Kolesnikov

    Director

    • Tenure: 0yrs
  • Kirill Tkachenko

    Member of Audit Committee

    • Tenure: 0yrs
  • Denis Nagovitsin

    Director

    • Tenure: 0yrs
  • Mikhail Kitashev

    Director

    • Tenure: 0yrs
  • Andrey Volkov

    Director

    • Tenure: 0yrs
  • Olga Ustyuzhantseva

    Member of Audit Committee

    • Tenure: 0yrs
  • Vladimir Chirukhin

    Member of Audit Committee

    • Tenure: 0yrs

Company Information

Public Joint Stock Company Perm Energy Supplying Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company Perm Energy Supplying Company
  • Ticker: PMSB
  • Exchange: MISX
  • Founded: 2005
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: ₽3.223b
  • Shares outstanding: 36.21m
  • Website: https://www.energos.perm.ru

Location

  • Public Joint Stock Company Perm Energy Supplying Company
  • Timiryazev Street 37
  • Perm
  • Permskaya obl.
  • 614007
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PMSBMISX (Micex - Rts)YesCommon SharesRURUBDec 2006
PMSBPMISX (Micex - Rts)RUB3.25 PRF(USD)RURUBFeb 2007

Biography

Public Joint Stock Company Perm Energy Supplying Company engages in the electricity supply to the population and organizations of the Perm Krai. It also sells electricity metering devices, water and gas me ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/15 21:29
End of Day Share Price2019/12/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.