OTCPK:URAY.Y

Stock Analysis Report

Executive Summary

Public Joint Stock Company Uralkali, together with its subsidiaries, engages in the extraction, production, and sale of potash fertilizers.


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: URAY.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

URAY.Y

-0.9%

US Chemicals

-1.1%

US Market


1 Year Return

43.3%

URAY.Y

-7.4%

US Chemicals

17.8%

US Market

Return vs Industry: URAY.Y exceeded the US Chemicals industry which returned 1.6% over the past year.

Return vs Market: URAY.Y exceeded the US Market which returned 24.7% over the past year.


Shareholder returns

URAY.YIndustryMarket
7 Day0%-0.9%-1.1%
30 Day0%0.5%1.5%
90 Day0%-0.2%6.6%
1 Year43.3%43.3%6.1%-7.4%20.2%17.8%
3 Year-28.6%-28.6%28.2%3.4%47.5%38.1%
5 Year-32.1%-32.1%36.8%7.2%71.2%52.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

31.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: URAY.Y ($8.6) is trading below our estimate of fair value ($12.63)

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


Price To Earnings Ratio

PE vs Industry: URAY.Y is good value based on its PE Ratio (3.2x) compared to the Chemicals industry average (20.8x).

PE vs Market: URAY.Y is good value based on its PE Ratio (3.2x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: URAY.Y is good value based on its PB Ratio (1.4x) compared to the US Chemicals industry average (2.2x).


Next Steps

Future Growth

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

24.4%

Forecasted Materials 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 Uralkali 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

  • Examine whether Uralkali is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Uralkali's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Uralkali performed over the past 5 years?

24.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: URAY.Y has high quality earnings.

Growing Profit Margin: URAY.Y's current net profit margins (25.4%) are higher than last year (15.3%).


Past Earnings Growth Analysis

Earnings Trend: URAY.Y's earnings have grown significantly by 24.5% per year over the past 5 years.

Accelerating Growth: URAY.Y's earnings growth over the past year (73.8%) exceeds its 5-year average (24.5% per year).

Earnings vs Industry: URAY.Y earnings growth over the past year (73.8%) exceeded the Chemicals industry -17%.


Return on Equity

High ROE: Whilst URAY.Y's Return on Equity (43.59%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Uralkali's financial position?


Financial Position Analysis

Short Term Liabilities: URAY.Y's short term assets ($1.1B) do not cover its short term liabilities ($2.2B).

Long Term Liabilities: URAY.Y's short term assets ($1.1B) do not cover its long term liabilities ($4.6B).


Debt to Equity History and Analysis

Debt Level: URAY.Y's debt to equity ratio (304.2%) is considered high.

Reducing Debt: URAY.Y's debt to equity ratio has increased from 83.4% to 304.2% over the past 5 years.

Debt Coverage: URAY.Y's debt is well covered by operating cash flow (20.1%).

Interest Coverage: URAY.Y's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet

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

Debt Coverage by Assets: URAY.Y's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Uralkali's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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


Current Payout to Shareholders

Dividend Coverage: URAY.Y is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of URAY.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Dmitry Osipov (53yo)

6yrs

Tenure

0

Mr. Dmitry Vasilievich Osipov serves as Chief Executive Officer and General Director at Public Joint Stock Company Uralkali since January 2014 and since December 24, 2013 respectively. Mr. Osipov has been  ...


Leadership Team

NamePositionTenureCompensationOwnership
Dmitry Osipov
CEO, Chairman of the Management Board & Director6yrsno datano data
Anton Vishchanenko
CFO & Member of Management Board5.2yrsno datano data
Marina Shvetsova
Director of Legal & Corporate Affairs and Member of Management Board14.9yrsno datano data
Vitaly Lauk
Chief Technical Officer & Member of Management Board2.9yrsno datano data
Irina Konstantinova
Director of Human Resource & Member of Management Board2.9yrsno datano data
Aleksandra Orlova
Chief Accountant and Member of Audit Commission0yrsno datano data
Angelina Verba
Head of Investor Relations & Capital Markets0yrsno datano data
Andrey Sidorov
Head of Public Relations0yrsno datano data
Yevgeny Kotlyar
Head of EuroChem Ore Mining Division1.9yrsno datano data
Anton Bazulev
Head of Government Relations3.7yrsno datano data

3.7yrs

Average Tenure

48yo

Average Age

Experienced Management: URAY.Y's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dmitry Osipov
CEO, Chairman of the Management Board & Director6yrsno datano data
Aleksandra Orlova
Chief Accountant and Member of Audit Commission0yrsno datano data
Paul Ostling
Senior Independent Director1.9yrsUS$14.24mno data
Sergey Chemezov
Independent Chairman of the Board5.8yrsno datano data
Igor Bulantsev
Non-Executive Director0.7yrsno datano data
Daniel Wolfe
Independent Director1.5yrsno datano data
Dmitry Mazepin
Deputy Chairman of the Board5.8yrsno datano data
Dimitry Tatyanin
Non-Executive Director3.3yrsno datano data
Luke Mark Maene
Independent Director3.5yrsno datano data
Dmitry Lobiak
Deputy Chairman of the Board1.9yrsno datano data

3.3yrs

Average Tenure

53yo

Average Age

Experienced Board: URAY.Y's board of directors are considered experienced (3.3 years average tenure).


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

Public Joint Stock Company Uralkali's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Public Joint Stock Company Uralkali
  • Ticker: URAY.Y
  • Exchange: OTCPK
  • Founded: 1930
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₽151.017b
  • Listing Market Cap: ₽2.353b
  • Shares outstanding: 1.27b
  • Website: https://www.uralkali.com

Number of Employees


Location

  • Public Joint Stock Company Uralkali
  • 63 Pyatiletki Street
  • Berezniki
  • Permskaya obl.
  • 618426
  • Russia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
URKAMISX (Micex - Rts)YesOrdinary SharesRURUBJan 2003
RU_URKAKAS (Kazakhstan Stock Exchange)YesOrdinary SharesKZKZTJan 2003
URAY.YOTCPK (Pink Sheets LLC)GDR EACH REPR 5 ORD REGSUSUSDOct 2007

Biography

Public Joint Stock Company Uralkali, together with its subsidiaries, engages in the extraction, production, and sale of potash fertilizers. It holds operating licenses for the extraction of potassium, magnesium, and sodium salts from the Durimanskiy, Bigelsko-Troitsky, Solikamskiy, Novo-Solikamskiy, and Romanovskoye plots of the Verkhnekamskoye field. The company also owns a license for the Ust'-Yaivinskiy plot and the Polovodovskiy plot of the Verkhnekamskoye field. It produces standard and granular muriate of potash; and carnallite and sodium chloride. In addition, the company provides construction, repair and maintenance, transportation, sea terminal, scientific institute, and trading services. It has operations in Russia, China, India, Southeast Asia, Latin America, the United States, Europe, and other countries. The company was founded in 1930 and is based in Berezniki, Russia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/03 00:12
End of Day Share Price2019/09/04 00:00
Earnings2019/06/30
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.