Russian stock report - Aeroflot - Russian Airlines

RUSS

Aeroflot - Russian Airlines rises 1.1% on high volatility October 20, 2017 18:00 SAMT

NEWS BITES - BRIC

Aeroflot - Russian Airlines (MICEX:AFLT), Russia's largest Airline company by market cap, traded between an intraday low of RUB179.75 and a high of RUB182.85. The price range has expanded in the last two days (from RUB1.30 two days ago to RUB3.10 today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 2.8% places the stock in the 3rd quartile in the market, meaning it is the mildly volatile. Today its volatility (highest price minus lowest price/lowest price) of 1.7% was 0.6 times the average daily volatility of 2.8%, up from 0.9% on Thursday and 0.7% on Wednesday. The stock price has increased RUB1.90 (1.1%) from its last trading session of October 19 to close at RUB182.30. Compared with the MICEX Index which fell 1.5 points (0.07%) in the day, the relative price increase was 1.1%. The volume was 0.6 times the average daily trading volume of 3.7 million shares.

Highlights in today's Report:

SECTION 1 BULLISH SIGNALS

Technicals, High Performance Indicator

SECTION 2 BEARISH SIGNALS

SECTION 3 PRICE VOLUME DYNAMICS

Technicals, Beta, Turnover Rate & Turnover Period, Month-on-Month Comparison (Trailing Month - ended 19th)

SECTION 4 PEER GROUP ANALYSIS & RANKING

Global Peer Group Analysis (all figures in USD), Global, Regional, Market, Index, Sector, Independent Ratings

SECTION 5 PROFILE

Activities, Industry & Sector, Issued Capital

SECTION 6 STOCK BUZZ

SECTION 1 AEROFLOT - RUSSIAN AIRLINES BULLISH SIGNALS

1.1 Technicals:

+ The present value of RUB1,000 (PV1000) invested one year ago in Aeroflot - Russian Airlines is RUB1,462, for a capital gain of RUB462.

PV10001-week1-month1-year
AFLT.MICEX1,0099701,462
MICEX Index9899981,057

+ The present value of RUB1,000 (PV1000) invested five years ago in Aeroflot - Russian Airlines is RUB4,314, for a capital gain of RUB3,314.

+ 5 years Multiplier in RUB = 4.314x

+ Compound Annual Growth Rate (CAGR) in RUB = 34.0%

Present Value of USD1,000 invested 5 years ago:

+ The present value of USD1,000 (PV1000) invested five years ago in Aeroflot - Russian Airlines is $US2,310, for a capital gain of $US1,310.

+ 5 years ago USD 1 equalled RUB 30.7692

+ 5 years Multiplier in USD = 2.31x

+ Compound Annual Growth Rate (CAGR) in USD = 18.2%

Oct 20, 2017: USD 1 equals RUB 57.47

1.2 High Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverRUB419.9 million (US$7.3 million)In Top 6%

SECTION 2 AEROFLOT - RUSSIAN AIRLINES BEARISH SIGNALS

Technicals:

+ The price dropped 3.0% in the last month. The fall has been exacerbated by firm volume of 1.4 times average for the month.

SECTION 3 PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 2,303,100 shares worth RUB419.9 million (US$7.3 million) traded today. In the past week, volume was 0.5 times average and the shares were up 0.9%.

+ The Aeroflot - Russian Airlines is at a discount of 18.4% to its 12-month high of RUB223.35 traded on July 12.

3.2 Beta:

+ Beta: the Beta of Aeroflot - Russian Airlines stock is 0.9. A Beta lower than 1 suggests this is a low risk, low return stock with volatility less than that of the market.

3.3 Turnover Rate & Turnover Period:

+ The turnover rate in the 12 months to date was 55.6% (or a turnover period of 1 year 9 months). This average length of ownership of the stock at 0.4 times the average holding period of 4 years 6 months for stocks in the MICEX Index suggests a larger number of speculators on the share register, making it less safe for long-term investors.

3.4 Month-on-Month Comparison (Trailing Month - ended 19th)

19 Oct19 Sep18 Aug19 Jul19 Jun19 May
Price 19 Oct (RUB)180.4189.7212.15215.5181.7187
% Price Change-4.9-10.9-1.618.6-2.914.9
Avg Daily Volume3,746,3403,652,1733,702,0203,836,2303,312,7303,305,741
VWP (RUB)193.5202.79200.16193.87179.2169.37
Price Range (RUB)179.3 - 196.5186.4 - 214.95200.05 - 217.7170.15 - 223.35170.15 - 197.1161.5 - 193
Relative Price Change %-6.1-17.1-0.713.13.112.5
Volatility %9.615.38.831.315.819.5

SECTION 4 PEER GROUP ANALYSIS & RANKING

4.1 Global Peer Group Analysis (all figures in USD)

NameRelative Str. (6 mo)MCapPV $1000 (1 yr)RevenueNet ProfitTotal Assets
Air Canada985.9B2,197.211.9B701.8M12.1B
Hainan Airlines - A Share495.8B1,046.16.2B474.5M22.4B
Air France - KLM964.6B2,735.829.4B938M27.2B
Copa Holdings Class A733.9B1,424.72.3B334.5M3.8B
Aeroflot - Russian Airlines733.5B1,610.5
AirAsia762.7B1,396.21.7B484.2M5.2B
Air New Zealand892.7B2,105.64B300.6M5.6B
Korean Air Lines642.6B1,054.110.9B(500.5M)21.2B
WestJet Airlines802.6B1,341.43.3B236.7M4.9B

Global Peer Group Analysis (continued)

CodeCountryLast PriceP/EP/SP/BookTurnover Rate (%)% Disc to 52-w HiRetention Ratio*
ACCACAD26.728.60.512.370.66.9
600221CNCNY3.250.8158.98.0
AFFREUR12.887.90.2213.77.8
CPAUS$US126.2416.01.72.2232.86.071.1
AFLTRURUB180.4056.319.2
5099MYMYR3.424.61.61.879.73.167.4
AIZAUAUDA3.029.00.71.93.19.141.9
A003490KRKRW31,100.00.22.2124.320.8
WJACACAD27.7012.30.71.660.41.175.2

*Retention Ratio: The retention ratio is an opposite of payout ratio and refers to the percentage of net income that is retained to grow the business.

4.2 Global Rank [out of 47,824 stocks] and Rank in the Europe Region [out of 8,439 stocks]

DescriptionValueGlobal RankIn Eur Region
MCap (US$)3.5B3,550769
Price to Book0.53,217700
Price/Earnings3.1843208
PV$1000 (1Year) US$*1,6105,5151,162
US$* Change (1Year) %65.55,1391,078

* 1 year ago USD 1 = RUB 62.5

Oct 20, 2017: USD 1 equals RUB 57.47

4.3 Rank in the MICEX Index [out of 37 stocks] and Rank in the Total Russian Market [out of 218 stocks]

DescriptionValueIn MICEX IndexIn Total Russian Market
MCap (RUB)202.5B2529
Price to Book0.5867
Price/Earnings3.1217
PV1000 (1Year)1,462329

4.4 Independent Ratings

Aeroflot - Russian Airlines was ranked 40 in World Airline Awards list of Top 100 Airlines Companies in 2016; an improvement over a year from rank 46 in 2015.

It is placed 27/144 in BSS News Bites' ranking of Russian performers in the past year, a percentile ranking of 81.

SECTION 5 AEROFLOT - RUSSIAN AIRLINES PROFILE

5.1 Activities

Aeroflot - Russian Airlines transports passengers and freight. The Company operates scheduled international and domestic passenger flights and cargo services. Aeroflot's fleet consists of Boeing, Airbus, and other aircraft.

5.2 Industry & Sector

Classification LevelName of Sector
Business SectorTransportation
Industry GroupPassenger Transportation Services
IndustryAirlines
Economic SectorIndustrials

5.3 Issued Capital

Based on 1,110,616,299 issued shares the market capitalisation is RUB202.5 billion (US$3.5 billion).

SECTION 6 STOCK BUZZ

Corporate Wire

To view Recent Company Headlines, click here

September 10: Aeroflot - Russian Airlines: Information for passengers flying to or from Havana on 10 September 2017

10 September 2017, Moscow - Due to Havana airport closure Aeroflot has cancelled the following flights on 10 September: SU 0150 Mosow-Havana

SU 0151 Havana-Moscow

September 08: Aeroflot - Russian Airlines: Information for passengers flying to or from Miami and Havana on 9 September 2017

8 September 2017, Moscow - Due to Hurricane Irma approaching Florida and Cuba, Aeroflot has cancelled the following flights on 9 September:

SU 0110 Moscow-Miami

SU 0111 Miami-Moscow

SU 0150 Mosow-Havana

SU 0151 Havana-Moscow

Passengers booked on these flights will be transferred to other Aeroflot flights the previous day or after flights resume, or alternatively transferred onto other routes.

September 05: Aeroflot Takes Delivery of Two New Boeing B737s

05 September 2017, Moscow. - Aeroflot has recently taken delivery of its two new Boeing B737-800 aircraft.

VP-BMC is named after Valentin Serov, a famous Russian painter and one of the premier portrait artists of his era.

VP-BNP bears the name of Ivan Aivazovsky, a Russian Romantic painter who is considered one of the greatest masters of marine art.

Aeroflot's Boeing 737-800 aircraft are equipped with aerodynamic wing-tips known as Sharklets.

August 22: Aeroflot Group Passenger Traffic Up 20.3% In July 2017

Moscow, 22 August 2017 - Aeroflot PJSC (Moscow Exchange ticker: AFLT) today announces operating results for Aeroflot Group ("the Group") and Aeroflot - Russian Airlines ("the Company") for July and the first seven months of 2017[1].

January-July 2017 Operating Highlights

In the first seven months of 2017, Aeroflot Group carried 28.3 million passengers, up 17.3% year-on-year.

August 21: Aeroflot - Russian Airlines: Attention passengers flying from Lisbon (Portugal)

21 August 2017, Moscow. - Due to strike at the Lisbon airport immigration service on 24-25 August 2017 Aeroflot advises passengers of flight SU2607 to arrive early for check-in, by 06:40 local time.

Contact: +7-495-1556643

State/Province/Country: Russia

Exchange: Moscow Exchange (MICEX)

ISIN: RU0009062285

M:AFLT; MCX:AFLT; MM:AFLT; RM:AFLT; AFLT.MM

PermID: 4295887102

Source: www.BuySellSignals.com