VRSB Stock Overview
Public Joint-stock Company “TNS energo Voronezh” purchases and sells electricity to individuals in the retail electricity market of the region in Russia.
TNS energo Voronezh Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₽166.00|
|52 Week High||₽384.00|
|52 Week Low||₽67.40|
|1 Month Change||0%|
|3 Month Change||2.60%|
|1 Year Change||142.69%|
|3 Year Change||226.77%|
|5 Year Change||498.20%|
|Change since IPO||970.97%|
Recent News & Updates
TNS energo Voronezh (MCX:VRSB) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
|VRSB||RU Electric Utilities||RU Market|
Return vs Industry: VRSB exceeded the Russian Electric Utilities industry which returned -24.9% over the past year.
Return vs Market: VRSB exceeded the Russian Market which returned -36.4% over the past year.
|VRSB Average Weekly Movement||n/a|
|Electric Utilities Industry Average Movement||4.0%|
|Market Average Movement||5.3%|
|10% most volatile stocks in RU Market||10.0%|
|10% least volatile stocks in RU Market||2.7%|
Stable Share Price: Insufficient data to determine VRSB's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine VRSB's volatility change over the past year.
About the Company
Public Joint-stock Company “TNS energo Voronezh” purchases and sells electricity to individuals in the retail electricity market of the region in Russia. The Company also sells surplus electricity and capacity on the wholesale electricity market. As of December 31, 2020, it served 26,790 legal entities and 1,087,022 individuals.
TNS energo Voronezh Fundamentals Summary
|VRSB fundamental statistics|
Is VRSB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VRSB income statement (TTM)|
|Cost of Revenue||₽17.60b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||7.15|
|Net Profit Margin||1.25%|
How did VRSB perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is VRSB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for VRSB?
Other financial metrics that can be useful for relative valuation.
|What is VRSB's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does VRSB's PE Ratio compare to its peers?
|VRSB PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MRKC Rosseti Centre
NNSB TNS energo Nizhny Novgorod
MRKU Interregional Distribution Grid Company of Urals
VRSB TNS energo Voronezh
Price-To-Earnings vs Peers: VRSB is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (13x).
Price to Earnings Ratio vs Industry
How does VRSB's PE Ratio compare vs other companies in the RU Electric Utilities Industry?
Price-To-Earnings vs Industry: VRSB is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the Russian Electric Utilities industry average (4.8x)
Price to Earnings Ratio vs Fair Ratio
What is VRSB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||23.2x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VRSB's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of VRSB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: VRSB (RUB166) is trading above our estimate of fair value (RUB76.72)
Significantly Below Fair Value: VRSB is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is TNS energo Voronezh forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 TNS energo Voronezh 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.
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How has TNS energo Voronezh performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRSB has a large one-off gain of RUB280.0M impacting its September 30 2021 financial results.
Growing Profit Margin: VRSB's current net profit margins (1.2%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: VRSB's earnings have grown significantly by 38.1% per year over the past 5 years.
Accelerating Growth: VRSB's earnings growth over the past year (39.2%) exceeds its 5-year average (38.1% per year).
Earnings vs Industry: VRSB earnings growth over the past year (39.2%) exceeded the Electric Utilities industry 28.2%.
Return on Equity
High ROE: Whilst VRSB's Return on Equity (40.2%) is outstanding, this metric is skewed due to their high level of debt.
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How is TNS energo Voronezh's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: VRSB's short term assets (RUB2.9B) do not cover its short term liabilities (RUB3.5B).
Long Term Liabilities: VRSB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VRSB's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: VRSB's debt to equity ratio has reduced from 228% to 110% over the past 5 years.
Debt Coverage: Insufficient data to determine if VRSB's debt is well covered by operating cash flow.
Interest Coverage: VRSB's interest payments on its debt are well covered by EBIT (3.3x coverage).
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What is TNS energo Voronezh current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|TNS energo Voronezh Dividend Yield vs Market|
|Company (TNS energo Voronezh)||2.4%|
|Market Bottom 25% (RU)||4.4%|
|Market Top 25% (RU)||13.2%|
|Industry Average (Electric Utilities)||8.3%|
|Analyst forecast in 3 Years (TNS energo Voronezh)||n/a|
Notable Dividend: VRSB's dividend (2.37%) isn’t notable compared to the bottom 25% of dividend payers in the Russian market (4.43%).
High Dividend: VRSB's dividend (2.37%) is low compared to the top 25% of dividend payers in the Russian market (13.15%).
Stability and Growth of Payments
Stable Dividend: VRSB's dividend payments have been volatile in the past 10 years.
Growing Dividend: VRSB's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.1%), VRSB's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Yevgeniy Mikhailovich Severgin serves as General Director and Director at Public Joint-stock Company "TNS energo Voronezh" (formerly known as Joint-stock company Voronezh energy selling company).
Experienced Management: VRSB's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: VRSB's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Public Joint-stock Company "TNS energo Voronezh"'s employee growth, exchange listings and data sources
- Name: Public Joint-stock Company "TNS energo Voronezh"
- Ticker: VRSB
- Exchange: MISX
- Founded: 1935
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: ₽9.321b
- Shares outstanding: 56.15m
- Website: https://voronezh.tns-e.ru
Number of Employees
- Public Joint-stock Company "TNS energo Voronezh"
- Merkulova Street 7A
- Voronezhskaya obl.
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VRSBP||MISX (Micex - Rts)||RUB0.4 PRF(RUB)||RU||RUB||Mar 2006|
|VRSB||MISX (Micex - Rts)||Yes||Common Shares||RU||RUB||Jun 2006|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/07/08 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.