MGTS-5

MGTS-5

1,212.00
RUB
-36.00
(-2.88%)
6.62P/E
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
402.28
437.8
466.64
484.53
507.59
503.53
498.54
496.89
498.44
516.39
515.94
534.97
547.01
457.89
Basic EPS, GAAP
69.06
107.22
139.29
101.93
154.54
138.25
114.12
124.84
162.93
135.69
158.83
172.6
194.76
194.76
Free Cash Flow per Basic Share
-59.8
-164.1
-143.19
-127.23
144.18
171.77
160.75
168.39
119.71
149.63
89.61
172.68
117.33
- -
Dividend per Share
236.92
0.05
0.01
30.3
21.61
264.54
277.66
275.48
276.51
0.04
0.01
0.01
- -
- -
Book Value per Share
706.99
639.62
776.59
920.22
1,125.06
1,044.8
926.42
817.62
751.96
888.92
1,047.22
1,212.34
1,407.68
1,407.68
Tangible Book Value per Share
706.68
629.89
774.46
918.16
1,090.39
1,012.39
894.43
777.31
706.95
842.22
1,004.03
1,173.21
1,363.77
1,363.77
Basic Weighted Avg Shares
80
80
80
80
80
80
80
80
80
80
80
80
80
95
Sales/Revenue/Turnover
32,114
34,940
37,213
38,640
40,472
40,136
39,738
39,607
39,730
41,161
41,125
42,642
43,602
43,602
Operating Margin (%)
31.14
31.91
32.01
29.07
34.75
27.12
23.18
33.22
44.43
36.06
38.05
35.41
35.93
35.93
Depreciation Expense
1
1
- -
- -
7,596
10,771
10,512
10,782
9,450
9,266
8,964
9,010
8,056
- -
Net Income, GAAP
6,125
9,508
12,342
9,032
14,728
13,165
10,866
11,888
15,515
12,921
15,124
16,436
18,546
18,546
Effective Tax Rate (%)
28.44
24.35
20.09
24.41
21.07
21.12
20.51
20.82
20.04
17.56
15.4
18.75
18.45
18.45
Profit Margin (%)
19.07
27.21
33.17
23.38
36.39
32.8
27.34
30.01
39.05
31.39
36.78
38.54
42.53
42.53
Working Capital
496
2,890
12,063
1,481
8,216
17,218
12,664
19,809
-970
-2,649
19,326
22,148
4,813
4,813
LT Debt
- -
- -
600
- -
- -
- -
113
11,249
15,153
14,309
12,662
10,279
10,110
10,110
Total Equity
67,726
61,272
74,025
87,716
107,062
99,359
88,166
77,860
71,614
85,173
100,278
116,651
135,268
135,268
Return on Invested Capital (%)
10.55
12.73
13.66
10.36
11.35
8.31
7.8
11.69
15.92
12.93
12.12
9.93
9.16
9.16
Return on Capital (%)
9.16
14.52
17.9
11.13
15.14
12.81
11.59
14.34
18.7
14.63
14.87
14.3
14.23
14.24
Return on Common Equity (%)
8.25
13.27
16.42
10.05
12.65
10.67
9.69
11.98
17.38
13.84
13.73
12.79
12.44
14.87

Capital Structure

RUB

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
1,119
1,109
1,153
LT Borrowings
- -
- -
- -
LT Finance Leases
10,559
10,607
10,110
Preferred Equity and Hybrid Capital
- -
- -
621
Shares Outstanding
95
95
95
Market Capitalization
111,982
165,497
122,837

Working Capital

RUB

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
28,270
27,011
19,887
Cash, Cash Equivalents & STI
577
15,875
12,666
Accounts Receivable, Net
7,252
9,390
2,443
Inventories
40
319
26
Total Current Liabilities
14,973
14,989
15,074
Payables & Accruals
- -
- -
- -
ST Debt
1,119
1,109
1,153
Deferred Revenue
- -
- -
- -

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.13%
12.19%
15.96%
Free Cash Flow
-19.04%
3.32%
-32.05%
Net Income, GAAP
6.99%
10.47%
12.84%
Sales/Revenue/Turnover
1.62%
1.95%
2.25%
Total Cash Common Dividend
-330.98%
-14.91%
12.89%

Quarterly Revenue

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
10,007
10,423
9,997
10,698
41,125
2022
10,157
10,394
10,036
12,055
42,642
2023
10,687
10,710
10,090
12,115
43,602

Quarterly Earnings Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
33.39
- -
- -
- -
158.83
2022
29.16
- -
- -
- -
172.6
2023
46.36
- -
- -
- -
194.76

Quarterly Dividends Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.01
2022
- -
- -
- -
- -
0.01
2023
- -
- -
- -
- -
- -

Company Description

CEO
Albert Timurovich Gilmanov
Full Time Employees
8,773
Sector
Communications
Industry
Major telecommunications
Address
25 Bolshaya Ordynka St., building 1 Moscow MC Russian Federation 119017
IPO Date
Sep 1, 1995
Website
mgts.ru
Business
PJSC Moscow City Telephone Network (MGTS) operates as a leading telecommunications provider in Russia, delivering fixed-line telephony, broadband internet access, mobile services, pay television, and digital solutions primarily to residential and business customers in Moscow and surrounding regions. The company offers a comprehensive portfolio of services including high-speed fiber-optic internet under the MGTS brand, interactive television with on-demand content and cloud recording, voice over IP telephony, data center hosting, cloud computing platforms, cybersecurity solutions, and enterprise connectivity services such as leased lines and VPNs; it also provides smart home systems, IoT platforms for utilities, and digital transformation tools for corporate clients. Founded in 1993 and headquartered in Moscow, Russia, MGTS serves as a subsidiary of PJSC Rostelecom, the largest telecommunications operator in Russia, with operations concentrated in the Moscow metropolitan area but extending digital services nationwide through group synergies. In recent developments, MGTS has expanded its fiber-to-the-home (FTTH) network, achieving over 5 million broadband subscribers and launching 10 Gbps internet speeds in select districts as of 2024. The company formed strategic partnerships with tech firms for 5G pilot projects and AI-driven network management in Moscow, while acquiring regional internet service providers to bolster its dominance in the capital's market. Additionally, MGTS introduced new service bundles integrating mobile virtual network operator (MVNO) offerings with fixed broadband in late 2024, alongside a major reorganization to streamline operations under Rostelecom's national digital ecosystem amid Russia's push for import-substitution in telecom equipment.