NasdaqGS:YNDX

Stock Analysis Report

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Executive Summary

Yandex N.V., an Internet and technology company, provides Internet search engine in Russia and internationally.


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.7%

YNDX

3.0%

US Interactive Media and Services

1.2%

US Market


1 Year Return

58.9%

YNDX

29.0%

US Interactive Media and Services

16.8%

US Market

Return vs Industry: YNDX exceeded the US Interactive Media and Services industry which returned 29% over the past year.

Return vs Market: YNDX exceeded the US Market which returned 16.8% over the past year.


Shareholder returns

YNDXIndustryMarket
7 Day-4.7%3.0%1.2%
30 Day10.2%1.1%4.9%
90 Day46.8%18.8%20.0%
1 Year58.9%58.9%29.1%29.0%19.3%16.8%
3 Year84.2%84.2%47.0%46.9%43.7%34.4%
5 Year378.6%378.6%120.1%119.6%75.5%56.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

159.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: YNDX ($57) is trading above our estimate of fair value ($24.39)

Significantly Below Fair Value: YNDX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: YNDX is poor value based on its PE Ratio (159.6x) compared to the US Interactive Media and Services industry average (32.6x).

PE vs Market: YNDX is poor value based on its PE Ratio (159.6x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: YNDX is poor value based on its PEG Ratio (4x)


Price to Book Ratio

PB vs Industry: YNDX is overvalued based on its PB Ratio (5.2x) compared to the US Interactive Media and Services industry average (2.3x).


Next Steps

Future Growth

How is Yandex forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

40.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YNDX's forecast earnings growth (40.3% per year) is above the savings rate (2.2%).

Earnings vs Market: YNDX's earnings (40.3% per year) are forecast to grow faster than the US market (24% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: YNDX's revenue (26.7% per year) is forecast to grow faster than the US market (9.4% per year).

High Growth Revenue: YNDX's revenue (26.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: YNDX's Return on Equity is forecast to be low in 3 years time (19%).


Next Steps

Past Performance

How has Yandex performed over the past 5 years?

18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YNDX has high quality earnings.

Growing Profit Margin: YNDX's current net profit margins (4.6%) are lower than last year (12.7%).


Past Earnings Growth Analysis

Earnings Trend: YNDX's earnings have grown by 18.9% per year over the past 5 years.

Accelerating Growth: YNDX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: YNDX had negative earnings growth (-55.2%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (-22.8%).


Return on Equity

High ROE: YNDX's Return on Equity (2.2%) is considered low.


Next Steps

Financial Health

How is Yandex's financial position?


Financial Position Analysis

Short Term Liabilities: YNDX's short term assets (RUB275.6B) exceed its short term liabilities (RUB41.3B).

Long Term Liabilities: YNDX's short term assets (RUB275.6B) exceed its long term liabilities (RUB90.5B).


Debt to Equity History and Analysis

Debt Level: YNDX's debt to equity ratio (22.7%) is considered satisfactory.

Reducing Debt: YNDX's debt to equity ratio has reduced from 40.4% to 22.7% over the past 5 years.

Debt Coverage: YNDX's debt is well covered by operating cash flow (43.4%).

Interest Coverage: YNDX earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate YNDX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if YNDX's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

  • Explore strong dividend paying companies in the Media industry.

Management

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

11.6yrs

Average management tenure


CEO

Arkady Volozh (56 yo)

20.58yrs

Tenure

Mr. Arkady Volozh is the Founder of Yandex N.V. and has been its Chief Executive Officer since 2000. Mr. Volozh is the Principal Founder of Yandex N.V and has been its Chief Executive Officer since 2000. H ...


Leadership Team

NamePositionTenureCompensationOwnership
Arkady Volozh
Founder20.58yrsno data9.23%
RUB 1.8b
Elena Kolmanovskaya
Co-Founder & Consultantno datano datano data
Gregory Abovsky
CFO & COO5.92yrsno datano data
Yulia Gerasimova
Head of Investor Relations0.42yrno datano data
Dmitriy Stepanov
Chief Marketing Officerno datano datano data
Vadim Marchuk
Vice President of Corporate Developmentno datano datano data
Elena Bunina
Director of HR & Educational Programsno datano datano data
Dmitry Ivanov
Head of Yandex.Zen17.33yrsno datano data
Arkady Borkovsky
Chief Technology Officer of Yandex Labsno datano datano data
Artem Savinovsky
Head of Media Servicesno datano datano data
Eugene Lomize
Head of Monetisationno datano datano data
Anton Zabannykh
Head of Yandex.Verticalsno datano datano data

11.6yrs

Average Tenure

Experienced Management: YNDX's management team is seasoned and experienced (11.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Arkady Volozh
Founder20.58yrsno data9.23%
RUB 1.8b
Tigran Khudaverdyan
Deputy CEO & Director1.17yrsno datano data
Esther Dyson
Independent Non-Executive Director14.58yrsno data0.046%
RUB 9.1m
John Boynton
Independent Non-Executive Chairman4.25yrsno data0.035%
RUB 7.0m
Herman Gref
Non-Executive Director6.25yrsno datano data
Charles Ryan
Independent Non Executive Director9.25yrsno data0.053%
RUB 10.5m
Alexander Voloshin
Independent Non-Executive Director10yrsno data0.014%
RUB 2.8m
Rogier Rijnja
Independent Non-Executive Director7.25yrsno datano data
Mikhail Parakhin
Non-Executive Director1.17yrsno datano data
Ilya Strebulaev
Independent Non-Executive Director2.17yrsno datano data
Alexey Komissarov
Non-Executive Director0.67yrno datano data
Alexey Yakovitsky
Non-Executive Director0.67yrno datano data

5.3yrs

Average Tenure

54yo

Average Age

Experienced Board: YNDX's board of directors are considered experienced (5.3 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 been diluted in the past year, with total shares outstanding growing by 6.8%.


Top Shareholders

Company Information

Yandex N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yandex N.V.
  • Ticker: YNDX
  • Exchange: NasdaqGS
  • Founded: 2004
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$19.901b
  • Shares outstanding: 349.14m
  • Website: https://ir.yandex.com

Number of Employees


Location

  • Yandex N.V.
  • Schiphol Boulevard 165
  • Schiphol
  • Noord-Holland
  • 1118 BG
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YNDXNasdaqGS (Nasdaq Global Select)YesClass A Ordinary SharesUSUSDMay 2011
YDXDB (Deutsche Boerse AG)YesClass A Ordinary SharesDEEURMay 2011
YNDXMISX (Micex - Rts)YesClass A Ordinary SharesRURUBMay 2011
0EDMLSE (London Stock Exchange)YesClass A Ordinary SharesGBUSDMay 2011
NL_YNDXKAS (Kazakhstan Stock Exchange)YesClass A Ordinary SharesKZKZTMay 2011

Biography

Yandex N.V., an Internet and technology company, provides Internet search engine in Russia and internationally. The company offers search, location-based, personalized, and mobile services that enable user ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 00:05
End of Day Share Price2020/08/11 00:00
Earnings2020/06/30
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.