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Centerenergo

DB:DBG
Snowflake Description

Adequate balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DBG
DB
UAH3B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

Public Joint Stock Company ‘Centerenergo’ operates as a power generating company in Ukraine. The last earnings update was 158 days ago. More info.


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DBG Share Price and Events
7 Day Returns
16.8%
DB:DBG
0.7%
Europe Electric Utilities
2.1%
DE Market
1 Year Returns
-18.6%
DB:DBG
-0.5%
Europe Electric Utilities
-16.6%
DE Market
DBG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Centerenergo (DBG) 16.8% -4.8% 3.5% -18.6% -28.1% -21.3%
Europe Electric Utilities 0.7% -17.1% -11.1% -0.5% 22.1% -2%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • DBG underperformed the Electric Utilities industry which returned -0.5% over the past year.
  • DBG underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
DBG
Industry
5yr Volatility vs Market

DBG Value

 Is Centerenergo undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Centerenergo to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Centerenergo.

DB:DBG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in UAH UAH 3.840000
Payout Ratio Company Filings (2019-09-30) 995.9%
Discount Rate (Cost of Equity) See below 13.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:DBG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 16.9%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.27
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.272 (1 + (1- 18%) (1.07%))
0.514
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 16.85%)
13.09%

Discounted Cash Flow Calculation for DB:DBG using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Centerenergo is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:DBG Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= UAH3.84 / (13.09% - -0.39%)
UAH2.03
DB:DBG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:DBG represents 0.26667x of UKR:CEEN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.26667x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (UAH) x Listing Adjustment Factor
= UAH 28.49 x 0.26667
€7.60
Value per share (EUR) From above. €7.60
Current discount Discount to share price of €2.36
= -1 x (€2.36 - €7.60) / €7.60
68.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Centerenergo is available for.
Intrinsic value
>50%
Share price is €2.36 vs Future cash flow value of €7.6
Current Discount Checks
For Centerenergo to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Centerenergo's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Centerenergo's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Centerenergo's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Centerenergo's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DBG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in UAH UAH-4.00
UKR:CEEN Share Price ** UKR (2020-04-07) in UAH UAH8.85
Europe Electric Utilities Industry PE Ratio Median Figure of 74 Publicly-Listed Electric Utilities Companies 10.45x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Centerenergo.

DB:DBG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= UKR:CEEN Share Price ÷ EPS (both in UAH)

= 8.85 ÷ -4.00

-2.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Centerenergo is loss making, we can't compare its value to the Europe Electric Utilities industry average.
  • Centerenergo is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Centerenergo's expected growth come at a high price?
Raw Data
DB:DBG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
141.7%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 35 Publicly-Listed Electric Utilities Companies 1.6x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Centerenergo, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Centerenergo's assets?
Raw Data
DB:DBG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in UAH UAH11.36
UKR:CEEN Share Price * UKR (2020-04-07) in UAH UAH8.85
Europe Electric Utilities Industry PB Ratio Median Figure of 87 Publicly-Listed Electric Utilities Companies 0.78x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:DBG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= UKR:CEEN Share Price ÷ Book Value per Share (both in UAH)

= 8.85 ÷ 11.36

0.78x

* Primary Listing of Centerenergo.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Centerenergo is good value based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess Centerenergo's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check)
  5. Centerenergo has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DBG Future Performance

 How is Centerenergo expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
141.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Centerenergo expected to grow at an attractive rate?
  • Centerenergo's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Centerenergo's earnings growth is expected to exceed the Germany market average.
  • Centerenergo's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DBG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DBG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 141.7%
DB:DBG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10.7%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DBG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in UAH Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DBG Future Estimates Data
Date (Data in UAH Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 15,949 145 1
2020-04-07
2019-12-31 14,185 -1,063 1
DB:DBG Past Financials Data
Date (Data in UAH Millions) Revenue Cash Flow Net Income *
2019-09-30 14,062 107 -1,478
2019-06-30 13,794 76 -1,137
2019-03-31 14,392 -228 361
2018-12-31 14,509 1,227 499
2018-09-30 14,129 553 286
2018-06-30 12,859 514 311
2018-03-31 11,898 1,558 1,208
2017-12-31 10,919 1,126 1,891
2017-09-30 11,216 2,112 1,460
2017-06-30 11,604 2,208 1,720
2017-03-31 11,351 1,324 968
2016-12-31 10,696 301 387

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Centerenergo's earnings are expected to grow significantly at over 20% yearly.
  • Centerenergo's revenue is expected to grow by 10.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DBG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Centerenergo Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DBG Future Estimates Data
Date (Data in UAH Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2020-04-07
2019-12-31
DB:DBG Past Financials Data
Date (Data in UAH Millions) EPS *
2019-09-30 -4.00
2019-06-30 -3.08
2019-03-31 0.98
2018-12-31 1.35
2018-09-30 0.77
2018-06-30 0.84
2018-03-31 3.27
2017-12-31 5.12
2017-09-30 3.95
2017-06-30 4.66
2017-03-31 2.62
2016-12-31 1.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Centerenergo will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Centerenergo's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Centerenergo has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DBG Past Performance

  How has Centerenergo performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Centerenergo's growth in the last year to its industry (Electric Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Centerenergo does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Centerenergo's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Centerenergo's 1-year growth to the Europe Electric Utilities industry average as it is not currently profitable.
Earnings and Revenue History
Centerenergo'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.
Raw Data

All data from Centerenergo Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DBG Past Revenue, Cash Flow and Net Income Data
Date (Data in UAH Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 14,062.22 -1,477.90 269.25
2019-06-30 13,793.85 -1,136.92 258.82
2019-03-31 14,392.30 360.52 254.02
2018-12-31 14,508.83 499.13 244.97
2018-09-30 14,128.94 286.24 239.83
2018-06-30 12,858.67 311.00 242.01
2018-03-31 11,898.08 1,208.41 227.15
2017-12-31 10,918.60 1,891.06 216.45
2017-09-30 11,216.10 1,459.68 193.66
2017-06-30 11,604.02 1,719.79 167.48
2017-03-31 11,350.92 968.12 155.46
2016-12-31 10,696.11 386.87 139.92
2016-09-30 9,810.78 1,125.16 137.86
2016-06-30 9,134.50 976.57 136.28
2016-03-31 8,128.21 521.63 132.13
2015-12-31 6,863.85 21.86 133.28
2015-09-30 6,674.88 -225.51 129.43
2015-07-01 6,711.79 -269.60 132.11
2015-03-31 7,054.31 -173.34 133.73
2014-12-31 7,557.76 75.20 138.71
2014-09-30 7,422.53 179.99 141.81
2014-06-30 7,521.88 136.81 139.57
2014-03-31 7,253.83 424.51 134.10
2013-12-31 7,453.91 487.02 129.78
2013-09-30 7,731.17 301.84 130.88
2013-06-30 8,363.14 482.42 124.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Centerenergo has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Centerenergo has efficiently used its assets last year compared to the Europe Electric Utilities industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Centerenergo improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Centerenergo's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Centerenergo has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DBG Health

 How is Centerenergo's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Centerenergo's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Centerenergo's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Centerenergo's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Centerenergo'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.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 66.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Centerenergo Company Filings, last reported 6 months ago.

DB:DBG Past Debt and Equity Data
Date (Data in UAH Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 4,197.79 34.90 505.86
2019-06-30 4,489.27 34.90 504.78
2019-03-31 5,965.49 34.90 289.05
2018-12-31 5,935.61 37.93 464.94
2018-09-30 5,955.61 34.90 879.04
2018-06-30 5,905.37 37.93 1,003.24
2018-03-31 5,634.59 34.90 2,253.38
2017-12-31 6,885.85 37.93 1,074.70
2017-09-30 7,112.10 34.90 2,172.40
2017-06-30 7,060.76 34.90 2,263.02
2017-03-31 6,086.42 52.01 1,255.16
2016-12-31 5,235.28 82.53 527.89
2016-09-30 3,345.78 107.29 584.15
2016-06-30 3,020.20 142.48 610.89
2016-03-31 2,616.52 181.16 330.41
2015-12-31 2,346.63 222.84 518.16
2015-09-30 2,329.33 263.38 497.71
2015-07-01 2,142.81 478.86 182.87
2015-03-31 2,197.82 366.69 111.45
2014-12-31 2,345.46 420.86 395.69
2014-09-30 2,576.02 409.10 597.22
2014-06-30 2,433.58 992.17 213.08
2014-03-31 2,517.45 1,013.68 125.48
2013-12-31 2,503.38 824.08 27.21
2013-09-30 2,542.31 538.01 28.17
2013-06-30 2,443.06 626.81 3.44
  • Centerenergo's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (15.9% vs 0.8% today).
  • Debt is well covered by operating cash flow (306.4%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Centerenergo's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Centerenergo's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Centerenergo has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DBG Dividends

 What is Centerenergo's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
43.39%
Current annual income from Centerenergo dividends.
If you bought €2,000 of Centerenergo shares you are expected to receive €868 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Centerenergo's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Centerenergo's dividend is above the markets top 25% of dividend payers in Germany (4.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DBG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 51 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DBG Future Dividends Estimate Data
Date (Data in UAH) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2020-04-07
2019-12-31
DB:DBG Past Annualized Dividends Data
Date (Data in UAH) Dividend per share (annual) Avg. Yield (%)
2018-07-27 3.840 31.886
2018-04-26 3.839 23.237
2017-04-28 0.044 0.359
2016-04-29 0.060 0.649
2015-05-05 0.040 0.700
2014-05-07 0.396 5.286
2013-03-01 0.190 3.888
2013-01-15 0.190 3.168
2012-05-14 0.029 0.479
2011-03-01 0.008 0.079

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Centerenergo 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 Centerenergo only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Centerenergo's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Centerenergo has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Centerenergo's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Centerenergo afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Centerenergo has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DBG Management

 What is the CEO of Centerenergo's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Volodymyr Potapenko
TENURE AS CEO 1.3 years
CEO Bio

Volodymyr I. Potapenko has been Acting Chief Executive and Member of Executive Board of Public Joint Stock Company "Centerenergo" since 2019.

CEO Compensation
  • Insufficient data for Volodymyr to compare compensation growth.
  • Insufficient data for Volodymyr to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Centerenergo management team in years:

3.4
Average Tenure
43.5
Average Age
  • The tenure for the Centerenergo management team is about average.
Management Team

Volodymyr Potapenko

TITLE
Acting Chief Executive and Member of Executive Board
TENURE
1.3 yrs

Pomiluyko Valeryivna

TITLE
Director of Economics & Finance and Member of the Management Board
AGE
33

Vladislav Sagir

TITLE
Investment Projects & Capital Construction Officer and Member of Executive Board
AGE
43
TENURE
3.4 yrs

Irina Zavalnyuk

TITLE
Chief Accountant & Member of Executive Board
AGE
44
TENURE
3.4 yrs

Sergiy Kolesnikov

TITLE
Member of Executive Board
TENURE
1.3 yrs

Yaroslav Gromko

TITLE
First Deputy Director General & Member of Executive Board
AGE
71
TENURE
4.8 yrs

Dmitro Loza

TITLE
Chief Legal Officer & Member of Executive Board
AGE
39

Salimon Panteleynovich

TITLE
Director of Policies Development & Member of the Management Board
AGE
63

Oleksandr Uvarov

TITLE
Member of Executive Board
TENURE
1.3 yrs

Kulik Mykhaylivna

TITLE
Corporate Secretary
TENURE
5.9 yrs
Board of Directors Tenure

Average tenure and age of the Centerenergo board of directors in years:

0.8
Average Tenure
36
Average Age
  • The average tenure for the Centerenergo board of directors is less than 3 years, this suggests a new board.
Board of Directors

Serhii Slepkan

TITLE
Supervisory Board Chairman
AGE
56

Mykhailo Horban

TITLE
Member of Supervisory Board
AGE
35
TENURE
1.3 yrs

Mykhailo Stolitnii

TITLE
Member of Supervisory Board
AGE
28
TENURE
1.3 yrs

Olesia Shevchuk

TITLE
Supervisory Board Member
AGE
36
TENURE
0.3 yrs

Polina Andriienko

TITLE
Supervisory Board Member
AGE
48
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Centerenergo's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Centerenergo has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DBG News

Simply Wall St News

DBG Company Info

Description

Public Joint Stock Company ‘Centerenergo’ operates as a power generating company in Ukraine. It operates 3 thermal power plants consisting of 18 coal-fired power units and 5 gas and fuel oil units with an installed capacity of approximately 7,695 MW. The company also provides thermal energy for heating, as well as hot water supply for the industrial enterprises and household consumers in Svitlodarsk and Ukrainka towns, and Komsomolske village. Public Joint Stock Company ‘Centerenergo’ is based in Kyiv, Ukraine.

Details
Name: Public Joint Stock Company "Centerenergo"
DBG
Exchange: DB
Founded:
UAH110,595,119
369,407,108
Website: http://www.centrenergo.com
Address: Public Joint Stock Company "Centerenergo"
120/4 "e", Kozatska Street,
Kyiv,
03022,
Ukraine
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
UKR CEEN Ordinary Registered Shares PFTS Ukraine Stock Exchange UA UAH 27. Oct 2008
DB DBG SPON ADR EACH REP 10 ORD Deutsche Boerse AG DE EUR 17. May 2004
Number of employees
Current staff
Staff numbers
0
Centerenergo employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 23:50
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/01/13
Last earnings filing: 2019/11/01
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.