Mordovskaya EnergoSbyt Comp.

Mordovskaya EnergoSbyt Comp.

MMOEX:MRSB
1.00
RUB
+0.01
(+0.60%)
9.21P/E
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
3.28
3.35
3.3
3.53
3.69
4.08
4.65
4.84
4.77
4.83
5.21
5.17
5.03
5.53
Basic EPS, GAAP
0.05
0.11
- -
-0.03
0.02
0.01
0.02
0.03
0.03
0.03
0.05
0.11
0.07
0.11
Free Cash Flow per Basic Share
-0.01
-0.02
-0.04
- -
- -
- -
-0.07
-0.04
-0.03
-0.03
-0.08
-0.05
- -
- -
Dividend per Share
0.02
0.16
- -
- -
- -
- -
0.05
- -
0.03
0.01
0.02
0.06
- -
- -
Book Value per Share
0.08
0.03
0.04
0.01
0.03
0.04
0.07
0.09
0.1
0.1
0.13
0.18
0.25
0.32
Tangible Book Value per Share
0.08
0.03
0.04
0.01
0.03
0.04
0.07
0.09
0.1
0.1
0.13
0.18
0.25
0.32
Basic Weighted Avg Shares
1,345
1,345
1,345
1,345
1,345
1,345
1,345
1,345
1,345
1,345
1,345
1,345
1,345
1,345
Sales/Revenue/Turnover
4,408
4,504
4,445
4,754
4,959
5,486
6,254
6,504
6,421
6,493
7,007
6,949
6,770
7,444
Operating Margin (%)
2.6
4.29
0.9
-0.27
1.6
4.75
4.39
2.53
1.96
1.9
2.46
3.7
3.48
5.51
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
70
151
6
-43
27
14
31
36
43
46
73
142
96
145
Effective Tax Rate (%)
25.9
24.63
78.53
- -
- -
82.78
77.34
42.56
35.65
15.49
33.97
24.38
27.48
24.86
Profit Margin (%)
1.59
3.35
0.15
-0.9
0.54
0.25
0.5
0.55
0.67
0.71
1.04
2.04
1.42
1.94
Working Capital
25
-51
-90
-166
-185
-280
-307
-283
-284
-268
-318
-299
-216
-158
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
3
- -
Total Equity
102
34
52
18
45
59
90
126
129
138
181
241
337
437
Return on Invested Capital (%)
116.59
175.99
10.81
- -
- -
8.83
9.83
14.05
12.39
16.05
18.91
31.94
27.08
39.55
Return on Capital (%)
110.29
221.71
11.56
- -
- -
6.65
8.91
11.26
12.16
14.71
16
26.26
20.6
22.22
Return on Common Equity (%)
110.18
221.71
15.13
-120.61
83.91
26.83
41.64
33.16
33.87
34.72
45.59
67.28
33.28
37.46

Capital Structure

RUB

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
293
293
300
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,345
1,345
1,345
Market Capitalization
499
816
1,333

Working Capital

RUB

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
886
836
756
Cash, Cash Equivalents & STI
13
59
18
Accounts Receivable, Net
869
769
720
Inventories
4
8
16
Total Current Liabilities
1,004
974
914
Payables & Accruals
- -
- -
- -
ST Debt
293
293
300
Deferred Revenue
- -
- -
- -

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
31.67%
22.69%
39.92%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-68.09%
29.52%
-32.25%
Sales/Revenue/Turnover
4.42%
0.87%
-2.58%
Total Cash Common Dividend
- -
377.23%
-98.82%

Quarterly Revenue

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
1,930
1,559
1,654
1,805
6,949
2022
1,780
1,487
1,597
1,906
6,770
2023
2,124
1,668
1,747
- -
- -

Quarterly Earnings Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.06
- -
- -
- -
0.11
2022
0.04
- -
- -
- -
0.07
2023
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.06
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

CEO
Alexander Mikhailovich Mordvinov
Full Time Employees
387
Sector
Utilities
Industry
Electric utilities
Address
St. Bolshevik, d.117A Saransk MD Russian Federation 603950
IPO Date
Sep 8, 2005
Website
mesk.ru
Business
Mordovia Energy Retail Company Public Joint-Stock Company (Ticker: MRSB.ME) primarily operates in the energy sector, focusing on the retail supply of electricity. The company’s core products and services include electricity retailing, energy supply management, billing, and customer service for residential, commercial, and industrial clients. It serves as an intermediary between electricity producers and end consumers, managing contracts and providing reliable energy solutions within the Republic of Mordovia and surrounding regions. Founded in 2003 and headquartered in Saransk, Russia, Mordovia Energy Retail Company has expanded its operations in recent years to enhance service delivery and operational efficiency. Recent major company changes include strategic partnerships aimed at improving its energy distribution infrastructure and the introduction of digital platforms to streamline customer interactions and payments. The company has also undergone organizational improvements to support sustainable energy initiatives and compliance with evolving regulatory frameworks. Mordovia Energy Retail Company operates within the Russian energy market, predominantly serving the Republic of Mordovia as well as engaging in retail energy markets within the Volga Federal District. Its customer base includes households, businesses, and public sector entities. The company works closely with regional power generation firms and grid operators to ensure stable electricity supply and improve market responsiveness. The company is a key participant in the regulated electricity retail sector in Russia, providing value-added services such as energy audits, consultancy on energy efficiency, and support for implementation of advanced metering infrastructure. Mordovia Energy Retail Company continues to develop its service portfolio to adapt to market liberalization and technological advancements, reinforcing its position within the regional energy ecosystem.