Reasonable growth potential with acceptable track record.
Polymetal International plc operates as a precious metals mining company in Russia, Kazakhstan, East Asia, and Europe. The last earnings update was 30 days ago. More info.
POLY outperformed the Metals and Mining industry which returned -1.6% over the past year.
POLY outperformed the Market in Russian Federation which returned 7.9% over the past year.
Is Polymetal International undervalued based on future cash flows and its price relative to the stock market?
Here we compare the current share price of Polymetal International to its discounted cash flow analysis.value.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Polymetal International.
The calculations below outline how an intrinsic value for Polymetal International 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.
The current share price of Polymetal International is above its future cash flow value.
The amount the stock market is willing to pay for Polymetal International's earnings, growth and assets is considered below, and whether this is a fair price.
Are Polymetal International's earnings available for a low price, and how does this compare to other companies in the same industry?
** Primary Listing of Polymetal International.
Polymetal International is overvalued based on earnings compared to the RU Metals and Mining industry average.
Polymetal International is overvalued based on earnings compared to the Russian Federation market.
Does Polymetal International's expected growth come at a high price?
Polymetal International is poor value based on expected growth next year.
What value do investors place on Polymetal International's assets?
* Primary Listing of Polymetal International.
Polymetal International is overvalued based on assets compared to the RU Metals and Mining industry average.
Polymetal International has a total score of 0/6, see the detailed checks below.
How is Polymetal International expected to perform in the next 1 to 3 years based on estimates from 17 analysts?
Is Polymetal International expected to grow at an attractive rate?
Polymetal International's earnings growth is expected to exceed the low risk savings rate of 8.4%.
Polymetal International's earnings growth is expected to exceed the Russian Federation market average.
Polymetal International's revenue growth is expected to exceed the Russian Federation market average.
Polymetal International's earnings are expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
Polymetal International's revenue is expected to grow by 7.5% yearly, however this is not considered high growth (20% yearly).
All data from Polymetal International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Polymetal International is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Polymetal International has a total score of 4/6, see the detailed checks below.
How has Polymetal International performed over the past 5 years?
Below we compare Polymetal International's growth in the last year to its industry (Metals and Mining).
Polymetal International has delivered over 20% year on year earnings growth in the past 5 years.
Polymetal International's earnings growth has exceeded the RU Metals and Mining industry average in the past year (15.8% vs -2.7%).
Polymetal International'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.
Whilst Polymetal International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
Polymetal International used its assets more efficiently than the RU Metals and Mining industry average last year based on Return on Assets.
Polymetal International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Polymetal International has a total score of 3/6, see the detailed checks below.
How is Polymetal International's financial health and their level of debt?
The boxes below represent the relative size of what makes up Polymetal International's finances.
Polymetal International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Polymetal International's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of Polymetal International'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.
All data from Polymetal International Company Filings, last reported 3 months ago.
Polymetal International's level of debt (135.9%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (62.1% vs 135.9% today).
Debt is well covered by operating cash flow (27%, greater than 20% of total debt).
What is Polymetal International's current dividend yield, its reliability and sustainability?
Current annual income from Polymetal International dividends. Estimated to be 5.5% next year.
If you bought RUB2,000 of Polymetal International shares you are expected to receive RUB90 in your first year as a dividend.
Polymetal International's pays a higher dividend yield than the bottom 25% of dividend payers in Russian Federation (3.26%).
Polymetal International's dividend is below the markets top 25% of dividend payers in Russian Federation (9.04%).
Purchase Polymetal International before the 'Buy Limit' to receive their next dividend payment.
Polymetal International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
Dividend payments have increased, but Polymetal International only paid a dividend in the past 7 years.
What portion of Polymetal International's earnings are paid to the shareholders as a dividend.
What is the CEO of Polymetal International's salary, the management and board of directors tenure and is there insider trading?
Mr. Vitaly N. Nesis has been Group Chief Executive Officer of Polymetal International Plc since December 1, 2014. Mr. Nesis served as the Chief Executive Officer of Joint Stock Company Polymetal since 2003 and served as its Member of the Management Board. From 2002 to 2003, he served as Chief Executive Officer of Vostsibugol. Mr. Nesis served as Chief Executive Officer at Polymetal International Plc since September 2011. He served as the General Manager of JSC, Vostsibugol (Irkutsk). He served as an Analyst in Merrill Lynch (USA) from 1997 to 1999. He served in the Moscow representation of McKinsey & Company office in Moscow from 1999 to 2000. From 2001 to 2002, he served as the Director/Head of the Investment Planning Department at SUAL Holding. He served as Strategic Development Director of JSC Ulyanovsk Car Factory, UAZ/Ulyanovsk Automobile Plant from 2000 to 2001. Mr. Nesis has been an Executive Director of Polymetal International Plc since September 29, 2011. He served as an Executive Director at Joint Stock Company Polymetal from June 2004 to 2012. Mr. Nesis graduated from Yale University in 1997 with a BA in Economics and received an MA in Mining Economics from St. Petersburg Mining Institute.
Vitaly's compensation has increased by more than 20% in the past year.
Insufficient data for Vitaly to establish whether their remuneration is reasonable compared to companies of similar size in .
The average tenure for the Polymetal International management team is over 5 years, this suggests they are a seasoned and experienced team.
The tenure for the Polymetal International board of directors is about average.
Polymetal International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Polymetal International plc operates as a precious metals mining company in Russia, Kazakhstan, East Asia, and Europe. The company operates in four segments: Magadan, Ural, Khabarovsk, and Kazakhstan. It is involved in the exploration, extraction, processing, reclamation, and other related activities of gold, silver, copper, zinc, and platinum group metals. The company’s flagship project is the Kyzyl project located in the East Kazakhstan region, Kazakhstan. Polymetal International plc was founded in 1998 and is headquartered in Saint Petersburg, Russia.