Rosseti Volga

Rosseti Volga

MMOEX:MRKV
0.22
RUB
+0.00
(-1.44%)
3.48P/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
0.27
0.26
0.28
0.26
0.27
0.3
0.33
0.34
0.33
0.32
0.34
0.35
0.41
0.41
Basic EPS, GAAP
0.01
0.01
0.01
- -
0.01
0.02
0.03
0.03
0.02
- -
0.01
- -
0.02
0.02
Free Cash Flow per Basic Share
-0.01
-0.02
-0.02
- -
0.02
0.01
0.04
0.01
- -
-0.01
- -
-0.01
0.03
0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
0.01
0.01
0.01
0.01
- -
- -
- -
- -
Book Value per Share
0.13
0.14
0.15
0.15
0.16
0.17
0.19
0.21
0.21
0.2
0.21
0.21
0.22
0.22
Tangible Book Value per Share
0.13
0.14
0.15
0.15
0.16
0.17
0.19
0.2
0.21
0.2
0.21
0.21
0.22
0.22
Basic Weighted Avg Shares
178,578
178,578
178,578
178,578
178,578
179,362
181,450
188,308
188,308
188,308
188,308
188,308
188,308
188,308
Sales/Revenue/Turnover
48,037
45,908
49,320
46,156
47,991
53,329
59,250
63,686
62,976
60,392
64,904
66,801
77,045
77,045
Operating Margin (%)
4.58
8.62
4.46
4.06
5.8
9.5
11.96
10.46
7.33
0.14
1.77
0.3
5.23
5.23
Depreciation Expense
3,267
3,602
4,092
5,008
4,795
4,517
4,424
4,646
4,838
5,277
5,705
6,113
6,202
6,202
Net Income, GAAP
1,765
2,431
1,451
808
1,268
2,804
5,590
5,710
3,913
-117
983
-471
2,972
2,972
Effective Tax Rate (%)
18.19
26.32
14.67
29.11
25.5
32.88
22.26
21.7
20.82
- -
26.71
- -
22.63
22.63
Profit Margin (%)
3.67
5.29
2.94
1.75
2.64
5.26
9.43
8.97
6.21
-0.19
1.51
-0.71
3.86
3.86
Working Capital
1,096
1,999
2,201
958
691
5,098
6,063
4,554
407
-482
-1,932
-8,508
-4,015
-4,015
LT Debt
6,921
10,719
13,900
12,000
7,700
8,380
4,370
3,370
5,719
8,189
8,361
3,636
7,404
7,404
Total Equity
23,180
25,240
26,210
27,021
28,185
31,425
35,840
38,759
38,903
38,541
39,700
39,046
42,138
42,138
Return on Invested Capital (%)
- -
8.93
4.98
3.27
5.09
8.44
13.56
12.48
8.35
- -
1.76
- -
6.17
6.17
Return on Capital (%)
- -
8.19
5.36
3.59
5.44
9.04
15.14
14.33
9.71
- -
2.96
- -
7.46
7.46
Return on Common Equity (%)
- -
10.04
5.64
3.03
4.59
9.41
16.62
15.31
10.08
-0.3
2.51
-1.2
7.32
7.32

Capital Structure

RUB

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
3,581
1,355
330
LT Borrowings
4,110
4,110
5,610
LT Finance Leases
769
755
1,794
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
188,308
188,308
188,308
Market Capitalization
8,041
12,654
10,348

Working Capital

RUB

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
10,840
9,350
10,463
Cash, Cash Equivalents & STI
1,396
1,566
2,855
Accounts Receivable, Net
6,531
5,330
5,336
Inventories
1,894
1,590
1,612
Total Current Liabilities
14,506
12,549
14,479
Payables & Accruals
- -
- -
- -
ST Debt
3,581
1,355
330
Deferred Revenue
- -
- -
- -

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.98%
1.74%
7.92%
Free Cash Flow
40.93%
-249.06%
-441.3%
Net Income, GAAP
-171.61%
-390.28%
-730.38%
Sales/Revenue/Turnover
4.78%
4.1%
15.34%
Total Cash Common Dividend
- -
1,822.64%
-99.94%

Quarterly Revenue

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
16,637
14,768
15,764
17,734
64,904
2022
16,825
14,649
16,099
19,227
66,801
2023
20,157
17,981
18,226
20,680
77,045

Quarterly Earnings Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.01
2022
- -
-0.01
- -
- -
- -
2023
- -
- -
- -
- -
0.02

Quarterly Dividends Per Share

RUB

•

in mil. unless spec.

Year

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

Company Description

CEO
Alexander Ilyich Gavrilov
Full Time Employees
21,236
Sector
Utilities
Industry
Electric utilities
Address
42/44 Pervomayskaya street Saratov SR Russian Federation 410031
IPO Date
May 19, 2008
Business
Public Joint Stock Company Rosseti Volga (PJSC Rosseti Volga), headquartered in Saratov, Russia, and founded in 2007, operates as a key electricity transmission and distribution company within the Rosseti Group, managing extensive grid infrastructure across seven regions of the Volga Federal District covering 403.5 thousand square kilometers and serving over 12 million people; its branches include Samara Distribution Grids, Saratov Distribution Grids, Ulyanovsk Distribution Grids, Mordovenergo, Orenburgenergo, Penzaenergo, and Chuvashenergo, with total transmission lines exceeding 222 thousand kilometers. The company provides core services encompassing technological connection of consumers to electric grids; electricity trading, purchasing, intermediary, sales, and marketing operations; maintenance and repair of electric and thermal networks; design and civil engineering works for power facilities; power audits; and supplementary offerings such as hotel accommodations, sanatorium and medical services, public catering, passenger and cargo motor transport, equipment rental including agricultural and construction machinery, installation of gas supply systems, heat and process equipment, boiler auxiliaries, hot and cold water supply, and foodstuff production and trade. PJSC Rosseti Volga maintains a strong focus on safe and uninterrupted grid operations, advanced technology implementation, automation of power facilities, grid consolidation, and service reliability enhancements for industrial, private, and other customers throughout its operational footprint. In recent developments, the company affirmed its AA+(RU) credit rating with a stable outlook as of late 2024, reflecting very low leverage and high liquidity with a debt portfolio of RUB 8.8 billion predominantly in ruble-denominated bank loans; it continues routine shareholder engagements including affiliate disclosures, financial reporting under RAS and IFRS, and participation in investment forums per its 2025 action plan, while operating under its current branding following the 2020 name change from Interregional Distribution Grid Company of Volga and 2019 adoption of the Rosseti Volga brand aligned with group standards.