1. Russian Federation Stocks

  2. •

    Basic Materials

  3. •

    Steel
PJSC Magnitogorsk Iron & Steel Works

PJSC Magnitogorsk Iron & Steel Works

MAGN.ME
PJSC Magnitogorsk Iron & Steel WorksRU flagMoscow Stock Exchange
16.10
RUB
-0.38
- -
179.85BMarket Cap
PJSC Magnitogorsk Iron & Steel Works
MAGN.ME
(Moscow Stock Exchange)

Recent

price

16.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
27.93
13.8
21.24
27.04
25.74
24.44
39.63
38.44
30.85
38.94
51.08
41.98
41.18
78.14
62.63
68.32
78.58
Revenue per Share
2.85
0.63
0.7
-0.35
-0.23
-7.16
-0.21
2.76
6.09
6.11
8.18
4.72
3.88
20.52
6.28
10.58
20.64
Basic EPS, GAAP
-0.56
-2.06
-2.88
-1.7
1.38
0.9
3.74
6.61
3.93
3.53
6.32
4.76
3.49
10.36
5.65
1.79
10.36
Free Cash Flow per Basic Share
0.83
0.04
0.54
0.35
- -
0.29
0.58
0.68
0.99
2.13
5.18
5.03
3.74
8.62
2.65
- -
8.62
Dividend per Share
28.01
29.35
30.09
30.63
28.56
23.87
39.09
53.7
49.81
49.78
62.49
55.4
25.81
37.41
43.68
54.34
37.41
Book Value per Share
25.87
27.14
28.51
26.58
26.18
20.36
19.52
21.74
25.7
28.23
31
30.36
30.14
41.83
47.68
59.02
41.83
Tangible Book Value per Share
11,160
11,099
11,118
11,007
11,008
11,017
11,154
11,162
11,174
11,174
11,174
11,174
11,174
11,174
11,174
11,174
11,174
Basic Weighted Avg Shares
311,743
153,111
236,127
297,687
283,354
269,319
442,023
429,023
344,732
435,179
570,813
469,064
460,180
873,189
699,817
763,390
878,052
Sales/Revenue/Turnover
11.71
8.29
9.64
4.95
3.63
1.18
10.37
19.06
20.5
19.48
22.27
16.84
15.51
31.5
15.2
19.11
31.52
Operating Margin (%)
27,924
22,149
25,268
28,374
28,919
31,865
41,467
39,309
29,330
31,373
39,333
31,618
34,750
37,533
57,071
52,268
37,533
Depreciation Expense
31,765
6,991
7,770
-3,839
-2,552
-78,921
-2,390
30,860
68,028
68,281
91,383
52,697
43,359
229,322
70,174
118,177
230,665
Net Income, GAAP
2.26
14.79
20
- -
- -
- -
- -
31.32
17.21
20.47
25.8
21.83
23.68
21.71
21.24
19.67
21.71
Effective Tax Rate (%)
10.19
4.57
3.29
-1.29
-0.9
-29.3
-0.54
7.19
19.73
15.69
16.01
11.23
9.42
26.26
10.03
15.48
26.27
Profit Margin (%)
29,194
19,678
27,562
22,872
6,075
13,515
36,242
47,245
59,517
76,990
92,981
88,407
75,570
145,087
176,605
213,983
145,087
Working Capital
12,736
38,873
75,283
98,141
67,922
71,128
95,720
70,096
10,960
13,552
17,860
33,230
41,085
39,719
21,355
14,534
39,719
LT Debt
291,118
311,135
326,889
302,230
298,299
225,617
219,122
243,938
288,461
317,013
348,089
342,157
339,828
470,214
535,434
663,309
470,214
Total Equity
10.7
3.02
4.49
- -
- -
- -
- -
15.05
16.62
19.97
25.44
15.67
13.4
44.53
14.38
17.27
44.81
Return on Invested Capital (%)
10.67
2.56
2.77
- -
- -
- -
- -
5.81
11.17
11.89
14
7.68
8.75
54.13
14.13
19.7
54.45
Return on Capital (%)
11.42
2.19
2.35
-1.14
-0.78
-27.34
-0.68
5.96
11.77
12.27
14.57
8
9.56
64.92
15.49
21.58
65.3
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'21
Sep'21
Dec'21
ST Debt
32,242
35,860
32,459
LT Borrowings
39,665
39,359
39,225
LT Finance Leases
582
583
494
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11,174
11,174
11,174
Market Capitalization
9,218
10,478
10,372

Working Capital

FRC

•

in mil. unless spec.
Jun'21
Sep'21
Dec'21
Total Current Assets
261,936
278,499
314,845
Cash, Cash Equivalents & STI
72,562
66,108
101,883
Accounts Receivable, Net
80,859
81,341
78,773
Inventories
103,712
124,563
119,311
Total Current Liabilities
123,581
129,446
169,758
Payables & Accruals
- -
- -
- -
ST Debt
32,242
35,860
32,459
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.01%
14.75%
23.88%
Free Cash Flow
45.65%
6.25%
-68.36%
Net Income, GAAP
-96.56%
73.57%
68.41%
Sales/Revenue/Turnover
15.82%
11.85%
9.08%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
699,817
2023
153,724
198,177
- -
- -
763,390
2024
192,949
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
6.28
2023
1.76
- -
- -
- -
10.58
2024
2.13
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
2.65
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
Similar Companies
TKMS AG & Co KGaA (TKMCY)
Equinox Resources Limited (EQN.AX)
SSAB AB (publ) (SSAB-B.ST)
SeAH Holdings Corporation (058650.KS)
Cotton & Western Mining, Inc. (CWRN)
FST Corp. (KBSX)
Business
PJSC Magnitogorsk Iron & Steel Works (MMK) operates a large steelmaking complex with a full production cycle, from iron ore preparation to downstream steel products, and ranks among the world's largest steel producers and a leader in Russia. The company manufactures a wide range of steel products, including hot-rolled steel (46.3% of sales), galvanized steels (19.3%), long steel products (7.5%), galvanized steel with polymeric coating (7.1%), cold-rolled steel products (6.9%), wire, sling and bracing (2%), tin-plated steels (1.4%), tubes (0.5%), and other items such as profiles and hardware (7.6%); it specializes in premium products like high-strength MAGSTRONG steels, wear-resistant grades, and metal products for the automotive industry, serving sectors including appliances, railway engineering, mechanical engineering, bridge construction, shipbuilding, construction, consumer goods, pipe-making, and packaging. Founded in 1932 and headquartered in Magnitogorsk, Chelyabinsk Oblast, Russia, MMK primarily targets the Russian market and former Soviet Union countries, with additional operations through a joint venture steel plant in Turkey. In recent developments, MMK launched production of innovative flat steel products with a zinc-aluminum-magnesium (Zn-Al-Mg) corrosion-resistant coating in 2025, offering superior durability for construction, automotive, and agricultural applications; the company also plans to invest approximately RUB 10.2 billion in 2025 environmental projects, including coke production modernization, blast furnace air heater reconstructions, and processing 7.5 million tonnes of metallurgical slag.