MOEX: SBER - Сбербанк

Yield per half year: +13.81%
Sector: Банки

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1. Summary

Advantages

  • Positive review Dividends (10.4%) are higher than the sector average (5.1%).
  • Positive review The stock's return over the last year (31.68%) is higher than the sector average (1.3332%).
  • Positive review The company's current efficiency (ROE=22.9%) is higher than the sector average (ROE=18.53%)

Disadvantages

  • Negative review Price (321.31 ₽) is higher than fair price (251.77 ₽)
  • Negative review Current debt level 11.52% has increased over 5 years from 5.15%.

2. Share price and performance

2.1. Share price

2.2. News

2.3. Market efficiency

Сбербанк Банки Index
7 days -0.5% -2.3% -3%
90 days 12.8% 1.6% 8.1%
1 year 31.7% 1.3% 27.9%

Positive review SBER vs Sector: Сбербанк has outperformed the "Банки" sector by 30.35% over the past year.

Positive review SBER vs Market: Сбербанк has outperformed the market by 3.76% over the past year.

Positive review Stable price: SBER is not significantly more volatile than the rest of the market on "Московская биржа" over the last 3 months, with typical variations of +/- 5% per week.

Long period: SBER with weekly volatility of 0.6093% over the past year.

3. Summary of the report

3.1. General

P/E: 4.81
P/S: 1.8952

3.2. Revenue

EPS 69.9
ROE 22.9%
ROA 2.8%
ROIC 0%
Ebitda margin -4.86%

4. Fundamental Analysis

4.1. Stock price and price forecast

The fair price is calculated taking into account the Central Bank refinancing rate and earnings per share (EPS)

Negative review Above fair price: The current price (321.31 ₽) is higher than the fair price (251.77 ₽).

Negative review Price is higher than fair: The current price (321.31 ₽) is 21.6% higher than the fair price.

4.2. P/E

Positive review P/E vs Sector: The company's P/E (4.81) is lower than that of the sector as a whole (5.79).

Positive review P/E vs Market: The company's P/E (4.81) is lower than that of the market as a whole (19.98).

4.2.1 P/E Similar companies

4.3. P/BV

Negative review P/BV vs Sector: The company's P/BV (1.1) is higher than that of the sector as a whole (1.05).

Positive review P/BV vs Market: The company's P/BV (1.1) is lower than that of the market as a whole (2.76).

4.3.1 P/BV Similar companies

4.4. P/S

Negative review P/S vs Sector: The company's P/S indicator (1.8952) is higher than that of the sector as a whole (1.7811).

Positive review P/S vs Market: The company's P/S indicator (1.8952) is lower than that of the market as a whole (2.15).

4.4.1 P/S Similar companies

4.5. EV/Ebitda

Positive review EV/Ebitda vs Sector: The company's EV/Ebitda (-63.46) is lower than that of the sector as a whole (-53.15).

Positive review EV/Ebitda vs Market: The company's EV/Ebitda (-63.46) is lower than that of the market as a whole (7.3).

5. Profitability

5.1. Profitability and revenue

5.2. Earnings per share - EPS

5.3. Past profitability Ebitda

Positive review Yield Trend: Rising and has grown by 15.72% over the last 5 years.

Negative review Earnings Slowdown: The last year's return (0%) is below the 5-year average return (15.72%).

Positive review Profitability vs Sector: The return for the last year (0%) exceeds the return for the sector (-36.14%).

5.4. ROE

Positive review ROE vs Sector: The company's ROE (22.9%) is higher than that of the sector as a whole (18.53%).

Negative review ROE vs Market: The company's ROE (22.9%) is lower than that of the market as a whole (46.49%).

5.5. ROA

Positive review ROA vs Sector: The company's ROA (2.8%) is higher than that of the sector as a whole (2.25%).

Negative review ROA vs Market: The company's ROA (2.8%) is lower than that of the market as a whole (7.85%).

5.6. ROIC

Negative review ROIC vs Sector: The company's ROIC (0%) is lower than that of the sector as a whole (0%).

Negative review ROIC vs Market: The company's ROIC (0%) is lower than that of the market as a whole (12.94%).

6. Finance

6.1. Assets and debt

Positive review Debt level: (11.52%) is quite low in relation to assets.

Negative review Increasing debt: over 5 years, the debt has increased from 5.15% to 11.52%.

Negative review Excess of debt: The debt is not covered by net income, percentage 399.2%.

6.2. Profit growth and share price

7. Dividends

7.1. Dividend yield vs Market

Positive review High yield: The dividend yield of the company 10.4% is higher than the average for the sector '5.1%.

7.2. Stability and increase in payments

Positive review Dividend stability: The company's dividend yield 10.4% has been steadily paid over the past 7 years, DSI=1.

Negative review Weak dividend growth: The company's dividend yield 10.4% has been growing weakly or stagnant over the past 5 years. Growth over only 0 years.

7.3. Payout percentage

Positive review Dividend Coverage: Current payments from income (50%) are at a comfortable level.

8. Insider trades

8.1. Insider trading

Positive review Insider Buying Exceeds insider sales by 100% over the last 3 months.

8.2. Latest transactions

Transaction date Insider Type Price Volume Quantity
14.06.2020 Ганеев Олег
Заместитель Председателя Правления
Buy 208.35 16 641 300 79872

8.3. Main owners

9. Stocks forum Сбербанк

9.1. Latest comments

26 November 2022 14:06

Если уж куда инвестировать в России, то лучшим местом считаю Сбербанк. Здесь всё более надёжно и прозрачно, деньги уж точно не потеряшь.

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23 November 2022 14:16

У Сбербанка всегда стабильные выплаты дивидендов, поэтому предпочитаю покупать их акции.

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