Rosseti, Public Joint Stock Company, together with its subsidiaries, provides electricity transmission and distribution services in Russia. More Details
Very undervalued with adequate balance sheet.
Share Price & News
How has Rosseti's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RSTI is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RSTI's weekly volatility (4%) has been stable over the past year.
7 Day Return
RU Electric Utilities
1 Year Return
RU Electric Utilities
Return vs Industry: RSTI underperformed the Russian Electric Utilities industry which returned 15% over the past year.
Return vs Market: RSTI underperformed the Russian Market which returned 28.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Rosseti's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Rosseti, Public Joint Stock Company's (MCX:RSTI) 7.9% Dividend Sustainable?
1 month ago | Simply Wall StRosseti, Public Joint Stock Company (MCX:RSTI) Released Earnings Last Week And Analysts Lifted Their Price Target To ₽1.47
1 month ago | Simply Wall StRosseti (MCX:RSTI) Has Gifted Shareholders With A Fantastic 194% Total Return On Their Investment
Is Rosseti 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: RSTI (RUB1.47) is trading below our estimate of fair value (RUB7.94)
Significantly Below Fair Value: RSTI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RSTI is good value based on its PE Ratio (6.7x) compared to the RU Electric Utilities industry average (7.6x).
PE vs Market: RSTI is good value based on its PE Ratio (6.7x) compared to the Russian market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: RSTI is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: RSTI is good value based on its PB Ratio (0.2x) compared to the RU Electric Utilities industry average (0.6x).
How is Rosseti forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RSTI's forecast earnings growth (23.5% per year) is above the savings rate (7.4%).
Earnings vs Market: RSTI's earnings (23.5% per year) are forecast to grow faster than the Russian market (19.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RSTI's revenue (3.3% per year) is forecast to grow slower than the Russian market (7.7% per year).
High Growth Revenue: RSTI's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RSTI's Return on Equity is forecast to be high in 3 years time
How has Rosseti performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RSTI has a large one-off loss of RUB36.3B impacting its December 31 2020 financial results.
Growing Profit Margin: RSTI's current net profit margins (4.4%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: RSTI's earnings have declined by 1.5% per year over the past 5 years.
Accelerating Growth: RSTI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RSTI had negative earnings growth (-42.8%) over the past year, making it difficult to compare to the Electric Utilities industry average (1.2%).
Return on Equity
High ROE: RSTI's Return on Equity (3.8%) is considered low.
How is Rosseti's financial position?
Financial Position Analysis
Short Term Liabilities: RSTI's short term assets (RUB281.2B) do not cover its short term liabilities (RUB417.4B).
Long Term Liabilities: RSTI's short term assets (RUB281.2B) do not cover its long term liabilities (RUB690.2B).
Debt to Equity History and Analysis
Debt Level: RSTI's debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: RSTI's debt to equity ratio has reduced from 49.9% to 31.9% over the past 5 years.
Debt Coverage: RSTI's debt is well covered by operating cash flow (45.4%).
Interest Coverage: RSTI's interest payments on its debt are well covered by EBIT (8.5x coverage).
What is Rosseti current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RSTI's dividend (7.7%) is higher than the bottom 25% of dividend payers in the Russian market (3.81%).
High Dividend: RSTI's dividend (7.7%) is in the top 25% of dividend payers in the Russian market (7.7%)
Stability and Growth of Payments
Stable Dividend: RSTI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RSTI's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.5%), RSTI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrey Ryumin (40 yo)
Mr. Andrey Valerievich Ryumin serves as Chairman of Management Board at Rosseti, Public Joint Stock Company since January 2021 and serves as its Director General since February 12, 2021. He serves as Membe...
Experienced Management: RSTI's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: RSTI's board of directors are considered experienced (7.9 years average tenure).
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.
Rosseti, Public Joint Stock Company's company bio, employee growth, exchange listings and data sources
- Name: Rosseti, Public Joint Stock Company
- Ticker: RSTI
- Exchange: MISX
- Founded: NaN
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ₽291.915b
- Shares outstanding: 198.82b
- Website: https://www.rosseti.ru
Number of Employees
- Rosseti, Public Joint Stock Company
- 4, Belovezhskaya Street
Rosseti, Public Joint Stock Company, together with its subsidiaries, provides electricity transmission and distribution services in Russia. The company also provides technological connection services. It o...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/05 20:00|
|End of Day Share Price||2021/05/05 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.