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Market Cap

US$663.1m

Last Updated

2021/05/16 03:58 UTC

Data Sources

Company Financials +

Executive Summary

Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russia, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally. More Details


Snowflake Analysis

Outstanding track record, undervalued and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: QIWI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: QIWI's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.7%

QIWI

-2.5%

US IT

-1.7%

US Market


1 Year Return

-14.1%

QIWI

39.0%

US IT

50.8%

US Market

Return vs Industry: QIWI underperformed the US IT industry which returned 39% over the past year.

Return vs Market: QIWI underperformed the US Market which returned 50.8% over the past year.


Shareholder returns

QIWIIndustryMarket
7 Day-0.7%-2.5%-1.7%
30 Day-0.6%-5.3%-1.2%
90 Day-10.2%-4.7%0.4%
1 Year-7.4%-14.1%40.2%39.0%53.3%50.8%
3 Year-34.3%-42.6%91.3%84.5%61.5%51.4%
5 Year6.3%-13.9%200.0%179.5%125.9%100.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

45.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QIWI ($10.63) is trading below our estimate of fair value ($19.33)

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


Price To Earnings Ratio

PE vs Industry: QIWI is good value based on its PE Ratio (4.4x) compared to the US IT industry average (34.6x).

PE vs Market: QIWI is good value based on its PE Ratio (4.4x) compared to the US market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: QIWI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: QIWI is good value based on its PB Ratio (1.5x) compared to the US IT industry average (4.8x).


Future Growth

How is QIWI forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QIWI's earnings are forecast to decline over the next 3 years (-9.5% per year).

Earnings vs Market: QIWI's earnings are forecast to decline over the next 3 years (-9.5% per year).

High Growth Earnings: QIWI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: QIWI's revenue is expected to decline over the next 3 years (-12.1% per year).

High Growth Revenue: QIWI's revenue is forecast to decline over the next 3 years (-12.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QIWI's Return on Equity is forecast to be low in 3 years time (18.6%).


Past Performance

How has QIWI performed over the past 5 years?

18.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QIWI has high quality earnings.

Growing Profit Margin: QIWI's current net profit margins (27.4%) are higher than last year (25.9%).


Past Earnings Growth Analysis

Earnings Trend: QIWI's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: QIWI's earnings growth over the past year (19.4%) exceeds its 5-year average (18.5% per year).

Earnings vs Industry: QIWI earnings growth over the past year (19.4%) exceeded the IT industry 19.1%.


Return on Equity

High ROE: QIWI's Return on Equity (35.4%) is considered high.


Financial Health

How is QIWI's financial position?


Financial Position Analysis

Short Term Liabilities: QIWI's short term assets (RUB64.9B) exceed its short term liabilities (RUB44.6B).

Long Term Liabilities: QIWI's short term assets (RUB64.9B) exceed its long term liabilities (RUB6.9B).


Debt to Equity History and Analysis

Debt Level: QIWI's debt to equity ratio (29%) is considered satisfactory.

Reducing Debt: QIWI's debt to equity ratio has increased from 6.5% to 29% over the past 5 years.

Debt Coverage: QIWI's debt is well covered by operating cash flow (66.3%).

Interest Coverage: QIWI's interest payments on its debt are well covered by EBIT (207.3x coverage).


Balance Sheet


Dividend

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

10.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: QIWI's dividend (10.49%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: QIWI's dividend (10.49%) is in the top 25% of dividend payers in the US market (3.42%)


Stability and Growth of Payments

Stable Dividend: QIWI has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: QIWI's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46.2%), QIWI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: QIWI's dividends in 3 years are forecast to be covered by earnings (53.7% payout ratio).


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Kim Borisovich (57 yo)

1.33yrs

Tenure

Mr. Kim Boris Borisovich serves as a Director of QIWI plc since May 2013 and served as Chairman of Board of Directors since June 2014 until January 15, 2020. Mr. Kim serves as Chief Executive Officer of QI...


Leadership Team

Experienced Management: QIWI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: QIWI's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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

QIWI plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: QIWI plc
  • Ticker: QIWI
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: US$663.089m
  • Shares outstanding: 62.38m
  • Website: https://www.qiwi.com

Number of Employees


Location

  • QIWI plc
  • Kennedy Business Centre
  • 2nd floor
  • Nicosia
  • 1087
  • Cyprus

Listings


Biography

Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russia, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally. It operat...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 03:58
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.