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MetroGAS

OTCPK:MGSB.F
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MGSB.F
OTCPK
ARS13B
Market Cap
  1. Home
  2. US
  3. Utilities
Company description

MetroGAS S.A. engages in the distribution of natural gas in Argentina. The last earnings update was 17 days ago. More info.


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MGSB.F Share Price and Events
7 Day Returns
0%
OTCPK:MGSB.F
0.9%
US Gas Utilities
-1.1%
US Market
1 Year Returns
-
OTCPK:MGSB.F
27.1%
US Gas Utilities
6.4%
US Market
MGSB.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MetroGAS (MGSB.F) 0% 0% - - - -
US Gas Utilities 0.9% 2.4% 7.3% 27.1% 34% 68.5%
US Market -1.1% 0.3% 17.2% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • No trading data on MGSB.F.
  • No trading data on MGSB.F.
Price Volatility
MGSB.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for MetroGAS's competitors could be found in our database.

MGSB.F Value

 Is MetroGAS undervalued based on future cash flows and its price relative to the stock market?

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 MetroGAS 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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for MetroGAS.

OTCPK:MGSB.F Discounted Cash Flow Data Sources
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 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:MGSB.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Gas Utilities Unlevered Beta Simply Wall St/ S&P Global 0.35
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.349 (1 + (1- 30%) (72.16%))
0.682
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)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for OTCPK:MGSB.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for MetroGAS 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.

OTCPK:MGSB.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (ARS, Millions) Source Present Value
Discounted (@ 7.5%)
2019 5,513.01 Est @ 77.39% 5,128.47
2020 8,544.70 Est @ 54.99% 7,394.28
2021 11,903.89 Est @ 39.31% 9,582.70
2022 15,277.24 Est @ 28.34% 11,440.46
2023 18,432.87 Est @ 20.66% 12,840.77
2024 21,249.05 Est @ 15.28% 13,770.10
2025 23,695.58 Est @ 11.51% 14,284.49
2026 25,799.40 Est @ 8.88% 14,467.93
2027 27,614.12 Est @ 7.03% 14,405.48
2028 29,199.94 Est @ 5.74% 14,170.27
Present value of next 10 years cash flows ARS117,484.95
OTCPK:MGSB.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ARS29,199.94 × (1 + 2.73%) ÷ (7.5% – 2.73%)
ARS629,133.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ARS629,133.80 ÷ (1 + 7.5%)10
ARS305,308.70
OTCPK:MGSB.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ARS117,484.95 + ARS305,308.70
ARS422,793.65
Equity Value per Share
(ARS)
= Total value / Shares Outstanding
= ARS422,793.65 / 569.17
ARS742.82
OTCPK:MGSB.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:MGSB.F represents 0.03217x of BASE:METR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.03217x
Value per Share
(Listing Adjusted, USD)
= Value per Share (ARS) x Listing Adjustment Factor
= ARS 742.82 x 0.03217
$23.90
Value per share (USD) From above. $23.90
Current discount Discount to share price of $0.74
= -1 x ($0.74 - $23.90) / $23.90
96.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price MetroGAS is available for.
Intrinsic value
>50%
Share price is $0.74 vs Future cash flow value of $23.9
Current Discount Checks
For MetroGAS to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • MetroGAS's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • MetroGAS's share price is below the future cash flow value, and 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 MetroGAS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MetroGAS's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:MGSB.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in ARS ARS-0.01
BASE:METR Share Price ** BASE (2019-01-24) in ARS ARS23
United States of America Gas Utilities Industry PE Ratio Median Figure of 12 Publicly-Listed Gas Utilities Companies 26.28x
United States of America Market PE Ratio Median Figure of 3,062 Publicly-Listed Companies 17.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MetroGAS.

OTCPK:MGSB.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BASE:METR Share Price ÷ EPS (both in ARS)

= 23 ÷ -0.01

-2234.75x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MetroGAS is loss making, we can't compare its value to the US Gas Utilities industry average.
  • MetroGAS is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does MetroGAS's expected growth come at a high price?
Raw Data
OTCPK:MGSB.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2234.75x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Gas Utilities Industry PEG Ratio Median Figure of 11 Publicly-Listed Gas Utilities Companies 3.27x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.44x

*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 MetroGAS, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MetroGAS's assets?
Raw Data
OTCPK:MGSB.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in ARS ARS23.41
BASE:METR Share Price * BASE (2019-01-24) in ARS ARS23
United States of America Gas Utilities Industry PB Ratio Median Figure of 12 Publicly-Listed Gas Utilities Companies 2.4x
United States of America Market PB Ratio Median Figure of 5,165 Publicly-Listed Companies 1.85x
OTCPK:MGSB.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BASE:METR Share Price ÷ Book Value per Share (both in ARS)

= 23 ÷ 23.41

0.98x

* Primary Listing of MetroGAS.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MetroGAS is good value based on assets compared to the US Gas Utilities industry average.
X
Value checks
We assess MetroGAS's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Gas Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Gas Utilities industry average (and greater than 0)? (1 check)
  5. MetroGAS has a total score of 3/6, 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.

MGSB.F Future Performance

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

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 MetroGAS 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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!
Annual Growth Rate
11.3%
Expected Gas Utilities industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MetroGAS expected to grow at an attractive rate?
  • Unable to compare MetroGAS's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare MetroGAS's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare MetroGAS's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:MGSB.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Gas Utilities Industry Earnings Growth Rate Market Cap Weighted Average 11.3%
United States of America Gas Utilities Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
Raw Data
OTCPK:MGSB.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in ARS Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:MGSB.F Past Financials Data
Date (Data in ARS Millions) Revenue Cash Flow Net Income *
2018-12-31 32,720 5,709 -6
2018-09-30 22,255 3,969 -2,673
2018-06-30 17,622 1,409 -2,146
2018-03-31 14,095 963 -147
2017-12-31 19,780 2,418 3,396
2017-09-30 11,621 1,287 1,313
2017-06-30 10,475 1,392 795
2017-03-31 8,821 1,861 504
2016-12-31 7,983 766 -600
2016-09-30 7,194 1,159 -1,430
2016-06-30 5,797 1,168 -1,147
2016-03-31 4,854 912 -1,031

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if MetroGAS is high growth as no earnings estimate data is available.
  • Unable to determine if MetroGAS is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:MGSB.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from MetroGAS Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MGSB.F Past Financials Data
Date (Data in ARS Millions) EPS *
2018-12-31 -0.01
2018-09-30 -4.70
2018-06-30 -3.77
2018-03-31 -0.26
2017-12-31 5.97
2017-09-30 2.31
2017-06-30 1.40
2017-03-31 0.89
2016-12-31 -1.05
2016-09-30 -2.51
2016-06-30 -2.02
2016-03-31 -1.81

*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 MetroGAS will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether MetroGAS is trading at MetroGAS'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. MetroGAS's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Utilities companies here
  3. 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 MetroGAS's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess MetroGAS's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MetroGAS has a total score of 0/6, 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.

MGSB.F Past Performance

  How has MetroGAS 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
Below we compare MetroGAS's growth in the last year to its industry (Gas Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MetroGAS does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare MetroGAS's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MetroGAS's 1-year growth to the US Gas Utilities industry average as it is not currently profitable.
Earnings and Revenue History
MetroGAS's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MetroGAS Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MGSB.F Past Revenue, Cash Flow and Net Income Data
Date (Data in ARS Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 32,719.84 -5.86 2,568.07
2018-09-30 22,255.47 -2,673.02 1,239.77
2018-06-30 17,622.00 -2,145.57 1,164.59
2018-03-31 14,094.71 -146.88 1,257.76
2017-12-31 19,779.56 3,396.36 3,061.43
2017-09-30 11,620.63 1,313.35 1,763.75
2017-06-30 10,474.76 795.44 1,658.71
2017-03-31 8,820.91 503.82 1,509.20
2016-12-31 7,982.84 -599.68 1,352.63
2016-09-30 7,193.54 -1,429.65 1,245.17
2016-06-30 5,797.22 -1,147.42 1,104.41
2016-03-31 4,854.32 -1,030.84 963.09
2015-12-31 4,627.36 -564.90 926.07
2015-09-30 4,008.37 -294.32 851.85
2015-06-30 3,725.85 -392.45 810.66
2015-03-31 3,504.58 -411.27 760.94
2014-12-31 3,184.47 -631.42 691.99
2014-09-30 3,057.28 -504.57 638.70
2014-06-30 2,457.80 -476.00 561.46
2014-03-31 2,019.09 -532.10 512.19
2013-12-31 1,936.21 254.94 487.40
2013-09-30 1,795.28 368.91 435.94
2013-06-30 1,628.11 310.75 402.27
2013-03-31 1,596.25 298.96 385.22
2012-12-31 1,481.38 -178.75 369.40
2012-09-30 1,390.44 -190.99 370.28
2012-06-30 1,317.21 -135.11 353.30
2012-03-31 1,184.41 -66.23 326.17

*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.
  • It is difficult to establish if MetroGAS has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • MetroGAS used its assets less efficiently than the US Gas Utilities industry average last year based on Return on Assets.
  • It is difficult to establish if MetroGAS improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess MetroGAS's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Gas Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MetroGAS has a total score of 0/6, 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.

MGSB.F Health

 How is MetroGAS'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 MetroGAS's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MetroGAS's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • MetroGAS's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of MetroGAS's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x 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.
Raw Data

All data from MetroGAS Company Filings, last reported 2 months ago.

OTCPK:MGSB.F Past Debt and Equity Data
Date (Data in ARS Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 13,333.54 9,446.38 1,799.72
2018-09-30 6,580.02 10,314.66 1,288.72
2018-06-30 6,789.50 7,191.89 761.35
2018-03-31 8,588.42 5,000.12 1,094.19
2017-12-31 14,130.77 5,063.92 727.00
2017-09-30 8,049.58 3,190.05 581.24
2017-06-30 7,735.05 3,027.22 732.90
2017-03-31 -854.59 2,899.32 1,235.96
2016-12-31 -1,372.18 2,894.59 357.90
2016-09-30 -1,654.48 2,816.58 584.99
2016-06-30 -1,449.43 2,665.74 516.27
2016-03-31 -1,353.89 2,649.53 448.09
2015-12-31 -767.77 2,280.81 596.22
2015-09-30 -222.66 1,695.37 328.60
2015-06-30 -301.28 1,576.59 112.15
2015-03-31 -326.53 1,547.67 122.24
2014-12-31 -207.06 1,445.78 97.59
2014-09-30 69.57 1,441.30 93.57
2014-06-30 90.08 1,341.47 148.55
2014-03-31 81.09 1,260.52 101.33
2013-12-31 424.12 953.12 116.59
2013-09-30 573.46 839.96 319.06
2013-06-30 564.93 752.41 181.21
2013-03-31 613.89 689.75 142.24
2012-12-31 167.29 1,282.28 153.21
2012-09-30 671.18 1,220.22 95.57
2012-06-30 697.99 0.00 149.72
2012-03-31 736.47 1,143.03 228.07
  • MetroGAS's level of debt (70.8%) 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 (227.6% vs 70.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making MetroGAS has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making MetroGAS has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -41.6% per year.
X
Financial health checks
We assess MetroGAS's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MetroGAS has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

MGSB.F Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MetroGAS dividends.
If you bought $2,000 of MetroGAS shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MetroGAS's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MetroGAS'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.
Raw Data
OTCPK:MGSB.F Annualized Past and Future Dividends
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
United States of America Gas Utilities Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

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 MetroGAS has not reported any payouts.
  • Unable to verify if MetroGAS's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MetroGAS's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MetroGAS has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MetroGAS's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MetroGAS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MetroGAS 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.

MGSB.F Management

 What is the CEO of MetroGAS's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Marcelo Nuñez
AGE 55
CEO Bio

Mr. Marcelo Adrián Nuñez serves as the Chief Executive Officer at MetroGAS S.A. Mr. Nuñez served as General Director of MetroGAS S.A. From 2001 to 2013 Mr. Nuñez worked in the areas of Gas Commercialization and Business Development of YPF. He worked for Camuzzi Gas Pampeana y del Sur from 1993 to 2001 in the areas of Dispatch, Tariffs, Gas Commercialization and Regulatory Affairs and in the Bunge & Born Holding. He served as Chief Executive Officer of MetroGAS S.A. and its Full Director since May 2013. He has been Chairman at MetroGAS S.A. since January 7, 2016. He served as Vice Chairman of MetroGAS S.A. and has been its Director since 2013. Mr. Nuñez is an Economist, graduated from Universidad Católica Argentina, holds a Masters in Economics from CEMA and a PAD from Eseade. Mr. Nuñez undertook studies at the Institute of Public Utilities from Michigan State University.

CEO Compensation
  • Insufficient data for Marcelo to compare compensation growth.
  • Insufficient data for Marcelo to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the MetroGAS management team in years:

5.8
Average Tenure
55
Average Age
  • The average tenure for the MetroGAS management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Marcelo Nuñez

TITLE
Chairman and Chief Executive Officer
AGE
55

Fernando Nardini

TITLE
Chief Financial Officer and Director of Administration & Finance
AGE
53

Jorge Doumanian

TITLE
Chief Operations Officer
AGE
55
TENURE
5.8 yrs

Patricia Laura Carcagno

TITLE
Technical Director
AGE
56
TENURE
5.8 yrs

Magdalena Gonzalez Garao

TITLE
Director of Legal Affairs & Regulations
AGE
66
TENURE
15.2 yrs

Jorge Edgardo Gutiérrez

TITLE
Director of Human Resources
AGE
60

Maria Carmen Tettamanti

TITLE
Chief Commercial Officer
AGE
53

Valeria Soifer

TITLE
Director of Planning & New Businesses
AGE
53
Board of Directors Tenure

Average tenure and age of the MetroGAS board of directors in years:

6.2
Average Tenure
54
Average Age
  • The tenure for the MetroGAS board of directors is about average.
Board of Directors

Fernando Nardini

TITLE
Chief Financial Officer and Director of Administration & Finance
AGE
53
TENURE
6.2 yrs

Héctor Caram

TITLE
Independent Director
AGE
52
TENURE
9.2 yrs

Marcelo Nuñez

TITLE
Chairman and Chief Executive Officer
AGE
55
TENURE
3.2 yrs

Juan Carlos Froza

TITLE
Independent Director
AGE
82
TENURE
15.2 yrs

Jorge Alberto Depino

TITLE
Independent Director
AGE
58
TENURE
15.2 yrs

Gustavo Di Luzio

TITLE
Director
AGE
50

Daniel Alfonso Suarez

TITLE
Director
AGE
56
TENURE
6.2 yrs

María Eugenia Gozzi Valdez

TITLE
Independent Director
AGE
39
TENURE
6.2 yrs

Gabriel Leiva

TITLE
Director

Raúl Angel Rodriguez

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess MetroGAS's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MetroGAS 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.

MGSB.F News

Simply Wall St News

MGSB.F Company Info

Description

MetroGAS S.A. engages in the distribution of natural gas in Argentina. The company serves approximately 2,500,000 customers through a distribution network of approximately 15,800 kilometers of pipelines. It offers natural gas to industrial and commercial customers, as well as CNG stations. The company was formerly known as Distribuidora de Gas Metropolitano SA. MetroGAS S.A. was founded in 1992 and is based in Buenos Aires, Argentina.

Details
Name: MetroGAS S.A.
MGSB.F
Exchange: OTCPK
Founded: 1992
ARS311,288,653
569,171,000
Website: http://www.metrogas.com.ar
Address: MetroGAS S.A.
Gregorio Aráoz de Lamadrid 1360,
C 1267 AAB,
Buenos Aires,
Capital Federal, Argentina
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BASE METR Class B Ordinary Shares Buenos Aires Stock Exchange AR ARS 06. Dec 1994
OTCPK MGSB.F Class B Ordinary Shares Pink Sheets LLC US USD 06. Dec 1994
Number of employees
Current staff
Staff numbers
1,383
MetroGAS employees.
Industry
Gas Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 00:21
End of day share price update: 2019/01/24 00:00
Last earnings filing: 2019/03/08
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.