MISX:RZSB

Stock Analysis Report

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Executive Summary

Joint-Stock Company Ryazanenergosbyt engages in the purchase and sale of electricity in the wholesale and retail markets in Russia. More Details


Snowflake Analysis

Flawless balance sheet with outstanding track record.

Share Price & News

How has Ryazanenergosbyt's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RZSB is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RZSB's weekly volatility has decreased from 10% to 4% over the past year.


Market Performance


7 Day Return

2.2%

RZSB

-1.8%

RU Electric Utilities

-3.2%

RU Market


1 Year Return

90.7%

RZSB

3.3%

RU Electric Utilities

-1.7%

RU Market

Return vs Industry: RZSB exceeded the Russian Electric Utilities industry which returned 3.3% over the past year.

Return vs Market: RZSB exceeded the Russian Market which returned -1.7% over the past year.


Shareholder returns

RZSBIndustryMarket
7 Day2.2%-1.8%-3.2%
30 Day17.4%1.9%2.5%
90 Day24.3%10.7%20.1%
1 Year101.2%90.7%7.8%3.3%4.8%-1.7%
3 Year324.0%220.6%40.8%21.0%52.3%25.9%
5 Year511.0%335.4%196.9%135.1%134.1%77.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Ryazanenergosbyt undervalued compared to its fair value and its price relative to the market?

11.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RZSB (RUB11.06) is trading below our estimate of fair value (RUB12.44)

Significantly Below Fair Value: RZSB is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: RZSB is good value based on its PE Ratio (8x) compared to the RU Electric Utilities industry average (8.2x).

PE vs Market: RZSB is good value based on its PE Ratio (8x) compared to the Russian market (11.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RZSB is overvalued based on its PB Ratio (3.5x) compared to the RU Electric Utilities industry average (0.7x).


Next Steps

Future Growth

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

6.5%

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 Ryazanenergosbyt 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 Ryazanenergosbyt performed over the past 5 years?

50.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RZSB has high quality earnings.

Growing Profit Margin: RZSB's current net profit margins (2.5%) are higher than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: RZSB's earnings have grown significantly by 50.9% per year over the past 5 years.

Accelerating Growth: RZSB's earnings growth over the past year (159.3%) exceeds its 5-year average (50.9% per year).

Earnings vs Industry: RZSB earnings growth over the past year (159.3%) exceeded the Electric Utilities industry -0.02%.


Return on Equity

High ROE: RZSB's Return on Equity (43.4%) is considered outstanding.


Next Steps

Financial Health

How is Ryazanenergosbyt's financial position?


Financial Position Analysis

Short Term Liabilities: RZSB's short term assets (RUB912.2M) exceed its short term liabilities (RUB715.8M).

Long Term Liabilities: RZSB's short term assets (RUB912.2M) exceed its long term liabilities (RUB13.1M).


Debt to Equity History and Analysis

Debt Level: RZSB is debt free.

Reducing Debt: RZSB has not had any debt for past 5 years.

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

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


Balance Sheet


Next Steps

Dividend

What is Ryazanenergosbyt current dividend yield, its reliability and sustainability?

5.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RZSB's dividend (5.56%) is higher than the bottom 25% of dividend payers in the Russian market (3.89%).

High Dividend: RZSB's dividend (5.56%) is low compared to the top 25% of dividend payers in the Russian market (7.71%).


Stability and Growth of Payments

Stable Dividend: RZSB's dividend payments have been volatile in the past 10 years.

Growing Dividend: RZSB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.5%), RZSB'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Ivan Abramov (47 yo)

no data

Tenure

Mr. Ivan Olegovich Abramov serves as the Chief Executive Officer at RAO Nordic and OAO Ryazan Energy Retail Company. Mr. Abramov serves as General Director of Public Joint Stock Company Ryazan Energy Retai...


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

Joint-Stock Company Ryazanenergosbyt's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Joint-Stock Company Ryazanenergosbyt
  • Ticker: RZSB
  • Exchange: MISX
  • Founded: NaN
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: ₽2.276b
  • Shares outstanding: 206.94m
  • Website: https://www.resk.ru

Number of Employees


Location

  • Joint-Stock Company Ryazanenergosbyt
  • st. Dzerzhinsky, 21A
  • Ryazan
  • Ryazanskaya obl.
  • 390005
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RZSBMISX (Micex - Rts)YesUsual SharesRURUBAug 2006

Biography

Joint-Stock Company Ryazanenergosbyt engages in the purchase and sale of electricity in the wholesale and retail markets in Russia. It serves approximately 410,000 household subscribers and 11,000 legal en...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 18:07
End of Day Share Price2021/01/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.