Russian stock alert

RUSS

CLOSING UPDATE: Inter Rao UES decreases 1.3%, led Electric sector lower 17 August 2018 19:44 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).

Inter Rao UES, Russia's largest electric company by market capitalisation, has decreased 1.3% to trade at RUB4.0 vs. the Electric sector which weakened 9.9 points (or 0.3%) to 2,943.5. Representing a weighting of about 11.0% of the sector, the stock accounted for 41.7% of today's loss. Trading volume was 2.0 times average at the end of the day. Compared with the MOEX Russia Index which rose 0.3 points (or 0.02%) in the day, this represented a relative price change of -1.3%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.05 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price tumbled 8.5% in the last month.

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

Overvaluation:

+ Price/Sales of 0.5 [0.4]

+ Price to Book of 0.9 [0.6]

Note

Inter Rao UES today is at a discount of 9.8% to the 12-month high of RUB4.43 on 10 Jul, 2018. It is at a premium of 24.0% to the 12-month low of RUB3.22 on 27 Dec, 2017.

Bullish Signals:

In the last three months the stock has hit a new 52-week high six times, pointing to an uptrend.

The company is cash rich with Cash to Market Capitalisation at 39.4%.

Interest cover is less leveraged at 6.8 times.

Total Liabilities/EBITDA of 2.2 is comfortably below the Joseph Piotroski benchmark of <5.

Tobin's Q Ratio is 0.7. Compared with the rest of the market the stock is undervalued.

As per the Du Pont analysis, Return on Equity of 11.8% is better than sector average of 9.0%.

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

Undervaluation:

Return on Equity 11.8% [9.0%]

Return on Assets 8.7% [5.5%]

Return on Capital Employed 11.6% [9.9%]

TODAY'S ALERT

Morning Alert: Inter Rao UES decreases 1.0%

17 August 2018 11:38 SAMT

Inter Rao UES, JSE (MICEX:IRAO) traded on volume of 0.5 times average so far today while the price decreased 4.0 Kopeck (or 1.0%) to trade at RUB4.01.

RECENT ALERTS

CLOSING UPDATE: Inter Rao UES keeps rising: up 5.6% in 4 days

16 August 2018 19:44 SAMT

Inter Rao UES, Russia's largest electric company by market capitalisation, extended its gains on Thursday, rising an additional 5.70 Kopeck (or 1.4%) to trade at RUB4.05. Trading volume was 2.4 times average at the end of the day. The shares have risen 21.50 Kopeck (or 5.6%) over the past four trading days vs. the MOEX Russia Index which has fallen 0.5% in the same period.

Morning Alert: Inter Rao UES increases 1.1%

16 August 2018 11:39 SAMT

Inter Rao UES, JSE (MICEX:IRAO) traded on volume of 0.8 times average so far today while the price increased 4.30 Kopeck (or 1.1%) to trade at RUB4.04.

Inter Rao UES, JSE (M:IRAO; MCX:IRAO; MM:IRAO; RM:IRAO)

ISIN: RU000A0JPNM1

PermID: 4298075771

Source: www.BuySellSignals.com