Territorial Generation Company No. 14
Public Joint Stock Company Territorial Generation Company No. The last earnings update was 53 days ago. More info.
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TGKN Share Price and Events
7 Day Returns
1 Year Returns
TGKN Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Territorial Generation Company No. 14 (TGKN) | 0.6% | -0.6% | -0.2% | -14.9% | 254.5% | 197.8% |
| RU Electric Utilities | 3.5% | 5.8% | 9.7% | 0.8% | 39.6% | 83.4% |
| RU Market | 1.9% | 2.6% | 1.5% | 8.5% | 34.3% | 89.2% |
1 Year Return vs Industry and Market
- TGKN underperformed the Electric Utilities industry which returned 0.8% over the past year.
- TGKN underperformed the Market in Russian Federation which returned 8.5% over the past year.
TGKN Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Territorial Generation Company No. 14
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Territorial Generation Company No. 14.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 16% |
| Perpetual Growth Rate | 10-Year RU Government Bond Rate | 8.4% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year RU Govt Bond Rate | 8.4% |
| Equity Risk Premium | S&P Global | 9.4% |
| Electric Utilities Unlevered Beta | Simply Wall St/ S&P Global | 0.24 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.236 (1 + (1- 20%) (41.44%)) |
0.541 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.44% + (0.8 * 9.43%) |
15.98% |
Discounted Cash Flow Calculation for MISX:TGKN using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Territorial Generation Company No. 14 is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (RUB, Millions) | Source |
Present Value Discounted (@ 15.98%) |
|
|---|---|---|---|
| 2019 | 701.59 | Est @ 1.97% | 604.91 |
| 2020 | 729.05 | Est @ 3.91% | 541.95 |
| 2021 | 767.49 | Est @ 5.27% | 491.90 |
| 2022 | 815.24 | Est @ 6.22% | 450.50 |
| 2023 | 871.39 | Est @ 6.89% | 415.17 |
| 2024 | 935.47 | Est @ 7.35% | 384.27 |
| 2025 | 1,007.30 | Est @ 7.68% | 356.76 |
| 2026 | 1,086.96 | Est @ 7.91% | 331.92 |
| 2027 | 1,174.64 | Est @ 8.07% | 309.26 |
| 2028 | 1,270.72 | Est @ 8.18% | 288.45 |
| Present value of next 10 years cash flows | RUB4,175.08 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= RUB1,270.72 × (1 + 8.44%) ÷ (15.98% – 8.44%) |
RUB18,265.75 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= RUB18,265.75 ÷ (1 + 15.98%)10 |
RUB4,146.26 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= RUB4,175.08 + RUB4,146.26 |
RUB8,321.34 |
| Equity Value per Share (RUB) |
= Total value / Shares Outstanding
= RUB8,321.34 / 1,357,945.61 |
RUB0.01 |
| Calculation | Result | |
|---|---|---|
| Value per share (RUB) | From above. | RUB0.01 |
| Current discount | Discount to share price of
RUB0.00
= -1 x (RUB0.00 - RUB0.01) / RUB0.01 |
22.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Territorial Generation Company No. 14's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Territorial Generation Company No. 14's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Territorial Generation Company No. 14's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Territorial Generation Company No. 14's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in RUB | RUB0.00 |
| MISX:TGKN Share Price ** | MISX (2019-05-24) in RUB | RUB0 |
| Russian Federation Electric Utilities Industry PE Ratio | Median Figure of 34 Publicly-Listed Electric Utilities Companies | 7.17x |
| Russian Federation Market PE Ratio | Median Figure of 135 Publicly-Listed Companies | 7.36x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Territorial Generation Company No. 14.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = MISX:TGKN Share Price ÷ EPS (both in RUB) = 0 ÷ 0.00 |
206.52x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Territorial Generation Company No. 14 is overvalued based on earnings compared to the RU Electric Utilities industry average.
- Territorial Generation Company No. 14 is overvalued based on earnings compared to the Russian Federation market.
Price based on expected Growth
Does
Territorial Generation Company No. 14's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 206.52x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
19.6%per year |
| Russian Federation Electric Utilities Industry PEG Ratio | Median Figure of 8 Publicly-Listed Electric Utilities Companies | 0.05x |
| Russian Federation Market PEG Ratio | Median Figure of 34 Publicly-Listed Companies | 0.73x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Territorial Generation Company No. 14, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Territorial Generation Company No. 14's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in RUB | RUB0.00 |
| MISX:TGKN Share Price * | MISX (2019-05-24) in RUB | RUB0 |
| Russian Federation Electric Utilities Industry PB Ratio | Median Figure of 36 Publicly-Listed Electric Utilities Companies | 0.59x |
| Russian Federation Market PB Ratio | Median Figure of 152 Publicly-Listed Companies | 0.78x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = MISX:TGKN Share Price ÷ Book Value per Share (both in RUB) = 0 ÷ 0.00 |
1.09x |
* Primary Listing of Territorial Generation Company No. 14.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Territorial Generation Company No. 14 is overvalued based on assets compared to the RU Electric Utilities industry average.
Value checks
We assess Territorial Generation Company No. 14's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check) Territorial Generation Company No. 14 has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
TGKN Future Performance
- No analysts cover Territorial Generation Company No. 14, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Territorial Generation Company No. 14's earnings growth is expected to exceed the low risk savings rate of 8.4%.
Growth vs Market Checks
- Territorial Generation Company No. 14's earnings growth is expected to exceed the Russian Federation market average.
- Unable to compare Territorial Generation Company No. 14's revenue growth to the Russian Federation market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| MISX:TGKN Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 19.6% |
| Russian Federation Electric Utilities Industry Earnings Growth Rate | Market Cap Weighted Average | 5.1% |
| Russian Federation Electric Utilities Industry Revenue Growth Rate | Market Cap Weighted Average | 2.1% |
| Russian Federation Market Earnings Growth Rate | Market Cap Weighted Average | 3.3% |
| Russian Federation Market Revenue Growth Rate | Market Cap Weighted Average | 4.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in RUB Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 13,172 | 1,433 | 32 |
| 2018-09-30 | 12,974 | 1,602 | 265 |
| 2018-06-30 | 12,776 | 1,772 | 497 |
| 2018-03-31 | 12,720 | 1,590 | 445 |
| 2017-12-31 | 12,663 | 1,409 | 393 |
| 2017-09-30 | 12,661 | 994 | 906 |
| 2017-06-30 | 12,658 | 578 | 1,419 |
| 2017-03-31 | 11,668 | 1,380 | |
| 2016-12-31 | 12,441 | 1,221 | 1,753 |
| 2016-09-30 | 13,413 | 1,902 | |
| 2016-06-30 | 12,138 | 983 | 1,041 |
| 2016-03-31 | 11,924 | 193 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Territorial Generation Company No. 14 Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in RUB Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Territorial Generation Company No. 14 will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Territorial Generation Company No. 14's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Russian Federation market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Russian Federation market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Territorial Generation Company No. 14 has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
TGKN Past Performance
How has Territorial Generation Company No. 14 performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Territorial Generation Company No. 14's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
- Territorial Generation Company No. 14's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Territorial Generation Company No. 14's 1-year earnings growth is negative, it can't be compared to the RU Electric Utilities industry average.
Earnings and Revenue History
All data from Territorial Generation Company No. 14 Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in RUB Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 13,171.71 | 32.22 | 4,003.77 | |
| 2018-09-30 | 12,974.04 | 264.60 | 3,844.23 | |
| 2018-06-30 | 12,776.37 | 496.99 | 3,684.69 | |
| 2018-03-31 | 12,719.82 | 444.91 | 3,783.71 | |
| 2017-12-31 | 12,663.26 | 392.83 | 3,882.74 | |
| 2017-09-30 | 12,660.75 | 905.72 | 3,509.03 | |
| 2017-06-30 | 12,658.24 | 1,418.61 | 3,135.33 | |
| 2017-03-31 | 11,667.63 | 1,379.54 | 3,985.74 | |
| 2016-12-31 | 12,441.02 | 1,752.69 | 2,879.20 | |
| 2016-09-30 | 13,413.43 | 1,901.97 | 6,228.98 | |
| 2016-06-30 | 12,137.75 | 1,041.49 | 3,732.89 | |
| 2016-03-31 | 11,924.21 | 193.35 | 4.37 | |
| 2015-12-31 | 11,687.30 | 545.63 | 3,810.90 | |
| 2015-09-30 | 11,296.39 | -66.16 | ||
| 2015-06-30 | 11,366.12 | -97.59 | 2,038.84 | |
| 2015-03-31 | 11,402.97 | 124.46 | 3.87 | |
| 2014-12-31 | 11,263.53 | 240.23 | 3.87 | |
| 2014-09-30 | 11,063.66 | 45.56 | -1,942.68 | |
| 2014-06-30 | 11,237.79 | 2,103.83 | -2,228.79 | |
| 2014-03-31 | 11,101.93 | 437.04 | ||
| 2013-12-31 | 10,730.46 | 367.27 | ||
| 2013-09-30 | 10,415.64 | -132.60 | ||
| 2013-06-30 | 12,545.44 | 61.26 | 2,228.79 | |
| 2013-03-31 | 9,206.50 | -713.71 | ||
| 2012-12-31 | 8,566.98 | -1,632.49 | ||
| 2012-09-30 | 8,564.97 | -1,345.63 | ||
| 2012-06-30 | 6,070.99 | -3,508.24 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Territorial Generation Company No. 14 has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Territorial Generation Company No. 14 used its assets less efficiently than the RU Electric Utilities industry average last year based on Return on Assets.
- Territorial Generation Company No. 14's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Territorial Generation Company No. 14's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Territorial Generation Company No. 14 has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
TGKN Health
How is Territorial Generation Company No. 14's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Territorial Generation Company No. 14's finances.
The net worth of a company is the difference between its assets and liabilities.
- Territorial Generation Company No. 14's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Territorial Generation Company No. 14's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Territorial Generation Company No. 14 Company Filings, last reported 4 months ago.
| Date (Data in RUB Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 5,933.56 | 2,672.88 | 383.96 |
| 2018-09-30 | 5,933.56 | 2,672.88 | 383.96 |
| 2018-06-30 | 5,704.45 | 2,857.77 | 116.73 |
| 2018-03-31 | 5,704.45 | 2,857.77 | 116.73 |
| 2017-12-31 | 5,593.36 | 3,707.06 | 908.91 |
| 2017-09-30 | 5,593.36 | 3,707.06 | 908.91 |
| 2017-06-30 | 5,218.10 | 3,569.43 | 93.25 |
| 2017-03-31 | 5,218.10 | 3,569.43 | 93.25 |
| 2016-12-31 | 5,214.18 | 3,313.35 | 244.29 |
| 2016-09-30 | 5,214.18 | 3,313.35 | 244.29 |
| 2016-06-30 | 3,826.67 | 2,968.32 | 102.67 |
| 2016-03-31 | 6,322.89 | 2,705.00 | 192.80 |
| 2015-12-31 | 3,486.27 | 3,543.65 | 315.69 |
| 2015-09-30 | 5,626.22 | 3,900.00 | 93.62 |
| 2015-06-30 | 5,843.49 | 3,250.00 | 334.84 |
| 2015-03-31 | 6,129.55 | 3,000.00 | 831.55 |
| 2014-12-31 | 5,934.91 | 3,450.00 | 582.35 |
| 2014-09-30 | 5,692.38 | 3,705.00 | 86.06 |
| 2014-06-30 | 2,538.54 | 3,107.11 | 155.07 |
| 2014-03-31 | 5,981.33 | 3,000.00 | 160.19 |
| 2013-12-31 | 5,694.68 | 3,700.00 | 207.31 |
| 2013-09-30 | 5,669.41 | 4,000.00 | 218.15 |
| 2013-06-30 | 5,439.94 | 2,906.40 | 260.18 |
| 2013-03-31 | |||
| 2012-12-31 | 5,327.41 | 3,350.00 | 249.76 |
| 2012-09-30 | 6,426.33 | 2,807.51 | 71.35 |
| 2012-06-30 | 6,571.72 | 2,959.48 | 71.48 |
- Territorial Generation Company No. 14's level of debt (45%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (64.8% vs 45% today).
- Debt is well covered by operating cash flow (53.6%, greater than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 0.7x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Territorial Generation Company No. 14's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Territorial Generation Company No. 14 has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
TGKN Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
RUB2,000 of
Territorial Generation Company No. 14
shares you are expected to receive
RUB0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Territorial Generation Company No. 14's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Territorial Generation Company No. 14's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Russian Federation Electric Utilities Industry Average Dividend Yield | Market Cap Weighted Average of 19 Stocks | 5.7% |
| Russian Federation Market Average Dividend Yield | Market Cap Weighted Average of 74 Stocks | 7% |
| Russian Federation Minimum Threshold Dividend Yield | 10th Percentile | 1.7% |
| Russian Federation Bottom 25% Dividend Yield | 25th Percentile | 3.4% |
| Russian Federation Top 25% Dividend Yield | 75th Percentile | 9.2% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Territorial Generation Company No. 14 has not reported any payouts.
- Unable to verify if Territorial Generation Company No. 14's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Territorial Generation Company No. 14's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Territorial Generation Company No. 14 afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Territorial Generation Company No. 14 has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
TGKN Management
CEO
| TENURE AS CEO | 2 years |
CEO Bio
Mr. Aleksey Anatolievich Lizunov has been Chief Executive Officer of Public Joint Stock Company Territorial Generation Company No. 14 since September 2017 and serves as its Chairman of the Management Board. Mr. Lizunov served as Acting Director General of Public Joint Stock Company Territorial Generation Company No. 14 since May 22, 2017 until September 2017. Mr. Lizunov served as Technical Director and Deputy General Director at OJSC Territorial Generating Company No. 14.
CEO Compensation
- Insufficient data for Aleksey to compare compensation growth.
- Insufficient data for Aleksey to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure
Average tenure of the Territorial Generation Company No. 14 management team in years:
- The tenure for the Territorial Generation Company No. 14 management team is about average.
Management Team
Aleksey Lizunov
CEO & Chairman of the Management Board
2 yrs
Ablyazov Nikolayevich
Deputy General Director of Economics & Finance and Member of the Management Board
3.3 yrs
Sokolov Valeryevich
Deputy General Director of Procurement & Purchase and Member of the Management Board
Dorfman Valentinovich
First Deputy General Director for Technical Policy
Rizkkov Viktorovich
Deputy General Director of Economic Security & Working Order and Member of the Management Board
6.7 yrs
Alexey Kakaulin
Deputy Chief Executive Officer for Corporate & Legal Regulation and Member of the Management Board
2.8 yrs
M. Yakovlev
Chief Accountant
Gorkovenko Sergeevna
Head of Public Relations Department
Hodakov Nickolayevich
Head of Department of Corporate Affairs
Sibiryanskaya Alexandrovna
Corporate secretary
Board of Directors
Svetlana Zholnerchik
Director
54
11 yrs
Ruslan Valeev
Director
6.7 yrs
Zhukov Ivanovich
Director
Bardikhanov Maksutovich
Director
Andrey Fedorov
Director
Konstantin Lyulchev
Director
Andrey Gladyshev
Director
Gotlib Igorevich
Director
39
Dmitriy Gorodetskiy
Director
Alekhin Viktorovich
Director
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (RUB) | Value (RUB) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Territorial Generation Company No. 14's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Territorial Generation Company No. 14 has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
TGKN News
Simply Wall St News
How Much Of Public Joint Stock Company Territorial Generation Company No. 14 (MCX:TGKN) Do Institutions Own?
A look at the shareholders of Public Joint Stock Company Territorial Generation Company No. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Territorial Generation Company No.
Simply Wall St - – Full articleHow Financially Strong Is Public Joint Stock Company Territorial Generation Company No. 14 (MCX:TGKN)?
While small-cap stocks, such as Public Joint Stock Company Territorial Generation Company No. … 14 (MCX:TGKN) with its market cap of RUруб6.8b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.
Simply Wall St - – Full articleDon't Sell Public Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN) Before You Read This
We'll show how you can use Public Joint Stock Company Territorial Generation Company No 14's (MCX:TGKN) P/E ratio to inform your assessment of the investment opportunity. … Territorial Generation Company No. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleDo You Know Who Else Invests In Public Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN)?
Today, I will be analyzing Public Joint Stock Company Territorial Generation Company No 14’s (MCX:TGKN) recent ownership structure, an important but not-so-popular subject among individual investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … View our latest analysis for Territorial Generation Company No.
Simply Wall St - – Full articleIs Public Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN) Attractive At Its Current PE Ratio?
Public Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN) is trading with a trailing P/E of 18x, which is higher than the industry average of 6x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … View our latest analysis for Territorial Generation Company No
Simply Wall St - – Full articlePublic Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN): What Are Investors Earning On Their Capital?
and want to begin learning the link between Public Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN)’s return fundamentals and stock market performance. … Territorial Generation Company No. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided.
Simply Wall St - – Full articleInterested In Public Joint Stock Company Territorial Generation Company No 14 (MISX:TGKN)? Here's How It Performed Recently
Assessing Public Joint Stock Company Territorial Generation Company No 14's (MISX:TGKN) past track record of performance is a useful exercise for investors. … Check out our latest analysis for Territorial Generation Company No. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 47.52%, indicating the rate at which TGKN is growing has slowed down
Simply Wall St - – Full articlePublic Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN): A Look At Return On Capital
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between Public Joint Stock Company Territorial Generation Company No 14 (MISX:TGKN)’s return fundamentals and stock market performance. … This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Similarly, the movement in the earnings variable shows a jump from RUРУБ385.65M to RUРУБ425.48M whilst the amount of capital employed has decreased because of a fall in total assets and increase in current liabilities (more borrowed money) , which means that ROCE has increased as a result of Territorial Generation Company No.
Simply Wall St - – Full articleDid Public Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN) Create Value For Investors Over The Past Year?
Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Territorial Generation Company No. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity MISX:TGKN Last Perf May 1st 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses. … Although, its appropriate level of leverage means investors can be more confident in the sustainability of Territorial Generation Company No.
Simply Wall St - – Full articleShould You Sell Public Joint Stock Company Territorial Generation Company No 14 (MCX:TGKN) At This PE Ratio?
Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for TGKN Price per share = RUB0.01 Earnings per share = RUB0 ∴ Price-Earnings Ratio = RUB0.01 ÷ RUB0 = 20.2x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you inadvertently compared riskier firms with TGKN, then investors would naturally value TGKN at a higher price since it is a less risky investment. … Similarly, if you accidentally compared lower growth firms with TGKN, investors would also value TGKN at a higher price since it is a higher growth investment.
Simply Wall St - – Full articleTGKN Company Info
Description
Public Joint Stock Company Territorial Generation Company No. 14 engages in the production and distribution of electricity and heat to wholesale market. It offers thermal energy and heat to consumers in the Trans-Baikal Territory and the Republic of Buryatia. The company has 7 thermal power stations and 2 power complexes with an installed electric power capacity of 649.57 MW and heat capacity of 3,120.77 Gcal/h. Public Joint Stock Company Territorial Generation Company No. 14 was founded in 2004 and is based in Chita, Russia.
Details
| Name: | Public Joint Stock Company Territorial Generation Company No. 14 |
| TGKN | |
| Exchange: | MISX |
| Founded: | 2004 |
| RUB6,450,241,643 | |
| 1,357,945,609,114 | |
| Website: | http://www.tgk-14.com |
| Address: |
Public Joint Stock Company Territorial Generation Company No. 14 ul. Profsoyuznaya, 23, Chita, Chitinskaya obl., 672000, Russia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| MISX | TGKN | Usual Shares | Micex - Rts | RU | RUB | 03. Sep 2008 |
Number of employees
Current staff
Industry
| Electric Utilities | |
| Utilities |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/26 20:56 |
| End of day share price update: | 2019/05/24 00:00 |
| Last earnings filing: | 2019/04/03 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
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