MISX:RTGZ

Stock Analysis Report

Gazprom Gazoraspredelenie Rostov-na-Donu

Executive Summary

Public Joint Stock Company Gazprom Gazoraspredelenie Rostov-na-Donu engages in the transportation of natural gas in Russia.

Rewards

Trading at 86.1% below its fair value

Earnings grew by 25.8% over the past year

Risk Analysis

Highly volatile share price over past 3 months

Does not have a meaningful market cap (RUB2B)



Snowflake Analysis

Undervalued with solid track record.

Share Price & News

How has Gazprom Gazoraspredelenie Rostov-na-Donu's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RTGZ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

23.3%

RTGZ

0.8%

RU Gas Utilities

-1.9%

RU Market


1 Year Return

60.3%

RTGZ

6.2%

RU Gas Utilities

24.9%

RU Market

Return vs Industry: RTGZ exceeded the Russian Gas Utilities industry which returned 3.6% over the past year.

Return vs Market: RTGZ exceeded the Russian Market which returned 26.7% over the past year.


Shareholder returns

RTGZIndustryMarket
7 Day23.3%0.8%-1.9%
30 Day35.1%3.1%3.2%
90 Day49.7%4.3%9.0%
1 Year60.3%60.3%11.2%6.2%33.7%24.9%
3 Year104.5%104.5%52.6%32.0%58.1%33.0%
5 Year141.0%136.7%54.3%15.4%161.1%103.3%

Price Volatility Vs. Market

How volatile is Gazprom Gazoraspredelenie Rostov-na-Donu's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gazprom Gazoraspredelenie Rostov-na-Donu 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: RTGZ (RUB19400) is trading below our estimate of fair value (RUB139979.08)

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


Price To Earnings Ratio

PE vs Industry: RTGZ is good value based on its PE Ratio (3.2x) compared to the Gas Utilities industry average (19.9x).

PE vs Market: RTGZ is good value based on its PE Ratio (3.2x) compared to the Russian market (8.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RTGZ is good value based on its PB Ratio (0.2x) compared to the XE Gas Utilities industry average (1.3x).


Next Steps

Future Growth

How is Gazprom Gazoraspredelenie Rostov-na-Donu forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.6%

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 Gazprom Gazoraspredelenie Rostov-na-Donu 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 Gazprom Gazoraspredelenie Rostov-na-Donu performed over the past 5 years?

0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RTGZ has high quality earnings.

Growing Profit Margin: RTGZ's current net profit margins (9.6%) are higher than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: RTGZ's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: RTGZ's earnings growth over the past year (25.8%) exceeds its 5-year average (0.6% per year).

Earnings vs Industry: RTGZ earnings growth over the past year (25.8%) exceeded the Gas Utilities industry 10.6%.


Return on Equity

High ROE: RTGZ's Return on Equity (5.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Gazprom Gazoraspredelenie Rostov-na-Donu's financial position?


Financial Position Analysis

Short Term Liabilities: RTGZ's short term assets (RUB2.7B) exceed its short term liabilities (RUB2.1B).

Long Term Liabilities: RTGZ's short term assets (RUB2.7B) do not cover its long term liabilities (RUB4.8B).


Debt to Equity History and Analysis

Debt Level: RTGZ's debt to equity ratio (10%) is considered satisfactory.

Reducing Debt: RTGZ's debt to equity ratio has reduced from 40.1% to 10% over the past 5 years.

Debt Coverage: RTGZ's debt is well covered by operating cash flow (187.5%).

Interest Coverage: RTGZ's interest payments on its debt are well covered by EBIT (11.6x coverage).


Balance Sheet

Inventory Level: RTGZ has a high level of physical assets or inventory.

Debt Coverage by Assets: RTGZ's debt is covered by short term assets (assets are 1.8x debt).


Next Steps

Dividend

What is Gazprom Gazoraspredelenie Rostov-na-Donu's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%3.3%markettop25%8.0%industryaverage5.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate RTGZ'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 RTGZ's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RTGZ'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 Gazprom Gazoraspredelenie Rostov-na-Donu's salary, the management and board of directors tenure and is there insider trading?


CEO

Gazprom Gazoraspredelenie Rostov-na-Donu 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

  • Lyubov Belyaeva

    Deputy Chief Accountant & Member of Audit Commission

    • Dzhelaukhova Georgievna (41yo)

      Deputy General Director of Economics & Finance

      • Tenure: 4yrs
    • E. Tokareva

      Head of the Group of Internal Controlling & Audit and Member of the Audit Commission


      Board Members

      • Olga Prokhorova (44yo)

        Director

        • Ali Uzdenov (57yo)

          Director

          • Natalya Ilyasova

            Director

            • Evgeniy Dmitriev (46yo)

              Chairman

              • Aleksandr Troyanov

                Director

                • Sovan Nikolaevich

                  Director

                  • Tenure: 4.6yrs
                • Andreev Valeryevich

                  Director

                  • Tenure: 4.6yrs
                • S. Vostrikov

                  Chairman of the Audit Commission

                  • E. Tokareva

                    Head of the Group of Internal Controlling & Audit and Member of the Audit Commission

                    Company Information

                    Public Joint Stock Company Gazprom Gazoraspredelenie Rostov-na-Donu's company bio, employee growth, exchange listings and data sources


                    Key Information

                    • Name: Public Joint Stock Company Gazprom Gazoraspredelenie Rostov-na-Donu
                    • Ticker: RTGZ
                    • Exchange: MISX
                    • Founded: 1982
                    • Industry: Gas Utilities
                    • Sector: Utilities
                    • Market Cap: ₽2.958b
                    • Shares outstanding: 120.25k
                    • Website: https://www.rostovoblgaz.ru

                    Location

                    • Public Joint Stock Company Gazprom Gazoraspredelenie Rostov-na-Donu
                    • 14 Sholokhov Avenue
                    • Rostov-on-Don
                    • Rostovskaya obl.
                    • 344019
                    • Russia

                    Listings

                    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
                    RTGZMISX (Micex - Rts)YesCommon SharesRURUBJul 2012

                    Biography

                    Public Joint Stock Company Gazprom Gazoraspredelenie Rostov-na-Donu engages in the transportation of natural gas in Russia. The company is involved in the construction, operation, and maintenance of gas pipelines in the Rostov region and the Republic of Kalmykia. It operates 39,760.12 kilometers of external gas pipelines; and 18,746 gas control points. The company was founded in 1982 and is based in Rostov-on-Don, Russia. 


                    Company Analysis and Financial Data Status

                    All financial data provided by Standard & Poor's Capital IQ.
                    DataLast Updated (UTC time)
                    Company Analysis2020/01/26 21:57
                    End of Day Share Price2020/01/24 00:00
                    Earnings2019/09/30
                    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.