Russian stock alert

RUSS

CLOSING UPDATE: Gazprom keeps sliding: down 5.9% in 5 days 15 June 2018 19:47 SAMT

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Russian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Gazprom, Russia's 3rd largest oil & gas company by market capitalisation, extended its slide on Friday, shedding an additional RUB1.91 (or 1.4%) to trade at RUB137.84. Trading volume was 4.4 times average at the end of the day. The shares have fallen RUB8.57 (or 5.9%) over the past five trading days vs. the MOEX Russia Index which has fallen 3.4% in the same period.

Technical indicators complementing today's significant downtrend:

+ The price sank 4.0% in the last week and tumbled 7.3% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Return on Equity 9.1% [10.5%]

Other Bearish Signals include:

+ As per the Du Pont analysis, Return on Equity of 9.1% is lower than sector average of 10.5%.

Note

The stock has outperformed 62% of the Russian market over the past 6 months.

Bullish Signals:

The company is cash rich with Cash to Market Capitalisation at 27.8%.

Total Liabilities/EBITDA of 3 is comfortably below the Joseph Piotroski benchmark of <5.

Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is undervalued.

Net profit margin has averaged 10.8% in the last 3 years. This is better than the sector average of 8.3% and suggests a high margin of safety.

The Brand Value represents an impressive 10.0% of the estimated Enterprise Value of RUB5,196.1 billion (US$83.2 billion).

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Price/Earnings of 3.3 [7.0]

Price/Sales of 0.5 [0.7]

Price to Book of 0.3 [0.8]

TODAY'S ALERTS

Afternoon Alert: Gazprom decreases 0.5% on firm volume

15 June 2018 14:06 SAMT

Gazprom (MICEX:GAZP) traded on heavy volume of 1.3 times average so far today while the price decreased 65.0 Kopeck (or 0.5%) to trade at RUB139.10.

Morning Alert: Gazprom increases 0.3%, leads market higher

15 June 2018 11:38 SAMT

Gazprom (MICEX:GAZP) has increased 0.3% to trade at RUB140.12 vs. the MOEX Russia Index which strengthened 1.7 points (or 0.07%) to 2,259.0. Representing a weighting of about 10.2% of the index, the stock accounted for 38.5% of today's gain. Trading volume was 1.2 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Gazprom keeps sliding: down 4.5% in 4 days

14 June 2018 19:46 SAMT

Gazprom, Russia's 2nd largest oil & gas company by market capitalisation, extended its slide on Thursday, shedding an additional RUB1.05 (or 0.7%) to trade at RUB139.75. Trading volume was 3.5 times average at the end of the day.

Afternoon Alert: Gazprom decreases 0.6% on robust volume

14 June 2018 14:07 SAMT

Gazprom (MICEX:GAZP) traded on heavy volume of 1.7 times average so far today while the price decreased 83.0 Kopeck (or 0.6%) to trade at RUB139.97.

Gazprom (M:GAZP; MCX:GAZP; MM:GAZP; RM:GAZP)

ISIN: RU0007661625

PermID: 4295887074

Source: www.BuySellSignals.com