Sector: Retail
RU_MGNT
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: connector/market_inputs
Monetary columns are in B RUB, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB RUB | Operating profitB RUB | D&AB RUB | EBITDAB RUB | Net profitB RUB | Operating CFB RUB | Capex + M&AB RUB | AssetsB RUB | EquityB RUB | ROE (annualized) | Net debtB RUB | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | Q4 2025 (3M) | OK | 1836.0 y/y 16.0% | 60.3 y/y -22.8% | 87.0 y/y 11.1% | 147.3 y/y -5.5% | -31.7 y/y -216.1% | 80.8 | -118.1 | 1951.4 y/y 24.8% | 149.8 y/y -17.4% | -18.9% | 1096.8 | Report (PDF) |
| 2025-06-30 | Q2 2025 (3M) | OK | 1673.2 y/y 14.6% | 73.0 y/y 11.0% | 79.3 y/y 15.5% | 152.3 y/y 12.8% | 0.2 y/y -99.1% | -35.8 | -68.3 | 1670.0 y/y 19.4% | 184.0 y/y 21.1% | 0.2% | 1002.9 | Report (PDF) |
| 2024-12-31 | Q4 2024 (3M) | OK | 1583.4 y/y 130.6% | 78.1 y/y 32.6% | 78.3 y/y -9.5% | 155.9 y/y 7.2% | 27.3 y/y 619.8% | 126.7 | -104.6 | 1563.9 y/y 9.4% | 181.3 y/y 14.4% | 26.6% | 797.5 | Report (PDF) |
| 2024-06-30 | Q2 2024 (3M) | OK | 1460.1 y/y — | 65.8 y/y — | 68.7 y/y — | 135.1 y/y — | 17.0 y/y — | 68.0 | -61.0 | 1398.2 y/y — | 152.0 y/y — | 21.9% | 777.2 | Report (PDF) |
| 2023-12-31 | Q4 2023 (3M) | OK | 686.7 y/y — | 59.0 y/y — | 86.5 y/y — | 145.4 y/y — | 3.8 y/y — | — | -25.4 | 1429.5 y/y — | 158.5 y/y — | — | 684.6 | Report (PDF) |
| 2023-09-30 | Q3 2023 (3M) | PARTIAL | 1225.3 y/y — | 48.2 y/y — | 29.4 y/y — | 77.6 y/y — | 33.0 y/y — | — | -28.4 | — y/y — | — y/y — | — | — | Report (PDF) |
| 2023-06-30 | Q2 2023 (3M) | OK | 35.9 y/y — | 7.8 y/y — | 3.6 y/y — | 11.3 y/y — | 6.5 y/y — | 18.4 | -1.8 | 1400.1 y/y — | 240.4 y/y — | — | 574.4 | Report (PDF) |
| 2023-03-31 | Q1 2023 (3M) | PARTIAL | 596.8 y/y — | 20.6 y/y — | 14.6 y/y — | 35.2 y/y — | 15.4 y/y — | 18.4 | -11.5 | — y/y — | — y/y — | — | — | Report (PDF) |
Quarterly values (₽ mln)
Year-over-year change
FCF (₽ mln)
Net debt / cash (₽ mln)
SberIndex — weekly nominal Russian consumer-spending growth (% YoY) from aggregated Sber-card data. The “Продовольственные магазины” category tracks consumer demand in near-real-time and is a leading signal for Magnit. The level is closer to turnover than to revenue, so the spread to the company's own growth is shown below.
Продовольственные магазины latest week (2026-07-18): +3.1% YoY · flat3-wk smooth: +3.1% vs 8-wk avg +3.0% (+0.0 pp)Продовольственные товары: +4.1%All categories: +7.5%
Average growth by quarter, % YoY: * квартал ещё не закончен
2кв 2025 +10.9% | 3кв 2025 +6.1% | 4кв 2025 +3.5% | 1кв 2026 +3.7% | 2кв 2026 +2.1% | 3кв 2026 * +3.1% |
Source: SberIndex, updated 2026-07-23.
Potential discount −30% (factor 0.70)
This company's ranking potential is scaled down by a quality/governance factor from the signals below — de-prioritising 'cheap but problematic' names.
Value the company creates per year, as a % of market cap
Value created per year: ≤-300.0%
| 1. EBITDA growth (latest quarter YoY, annualised) [EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2025-12-31 vs 2024-12-31) = (147 312 − 155 876) × 2.03 | -17 419 |
| 2. Current EV/EBITDA (LTM) (Market cap + Net debt) ÷ EBITDA (LTM) = (120 718 + 1 096 817) ÷ 299 639 | 4.1x |
| 3. Target multiple (Current EV/EBITDA + 6.5) ÷ 2 = (4.1 + 6.5) ÷ 2 | 5.3x |
| 4. Cash flow (balance method, LTM) Net-debt reduction + dividends + buybacks − equity issuance = -299 311 + 0 + 0 − 0 | -299 311 |
| 5. Value created per year (EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap = (-17 419 × 5.3 + -299 311) ÷ 120 718 | ≤-300.0% |
Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.
Caveats:
Dividends suspended (~2.0 yr without a payout)
The company has not paid a dividend for over 18 months — profit is going to capex or deleveraging (e.g. Nornickel, NLMK, RusHydro, FSK). The forecast payout is zeroed until distributions resume; profit and cash flow may still be healthy.
| 1 · Forecast dividend (per policy) | |
| Smoothed net profit (median YTD-ann./LTM/FY) | -32 bn RUB |
| Payout ratio | 64% |
| Free cash flow (FY, OCF − capex) — caps payout | -141 bn RUB |
| Recent actual dividend (3-yr median) | 824.26 ₽ |
| = Forecast dividend per share | 0.00 ₽ |
| 2 · Fair yield (spread to key rate) | |
| CBR key rate | 14.2% |
| Historical yield spread to rate (3-yr median) | -9.9 pp |
| = Fair dividend yield | 7.0% |
| 3 · Valuation → upside | |
| Current price | 1695 ₽ |
| Forecast dividend yield | — |
| Fair price (dividend-based) | 0.000 ₽ |
Forecast, not investment advice. Earnings annualization and policy assumptions are estimates.
| Pay year | Dividend /sh | |
|---|---|---|
| 2024 | 824.26 ₽ | |
| 2021 | 784.99 ₽ | |
| 2020 | 304.19 ₽ | |
| 2019 | 166.78 ₽ | |
| 2018 | 272.88 ₽ | |
| 2017 | 182.92 ₽ | |
| 2016 | 432.79 ₽ | |
| 2015 | 220.97 ₽ |
| Period | Ex-date | /sh |
|---|---|---|
| 2024 q3 | 2024-07-12 | 412.13 ₽ |
| 2024 q1 | 2024-01-10 | 412.13 ₽ |
| 2021 q4 | 2021-12-29 | 294.37 ₽ |
| 2021 q2 | 2021-06-23 | 245.31 ₽ |
| 2021 q1 | 2021-01-06 | 245.31 ₽ |
| 2020 q2 | 2020-06-17 | 157.00 ₽ |
| 2020 q1 | 2020-01-08 | 147.19 ₽ |
| 2019 q2 | 2019-06-12 | 166.78 ₽ |
| 2018 q4 | 2018-12-19 | 137.38 ₽ |
| 2018 q3 | 2018-07-04 | 135.50 ₽ |
No dividend rows found for this issuer.
Share of volume initiated by buyers (crossing the spread):
1d: 45% buy — balanced5d: 49% buy — balanced20d: 48% buy — balanced
Iceberg levels last session: 7 bid / 2 ask; largest — bid 1715 (filled ×10.9 of displayed, 30 refills).
Robot clips (recurring characteristic order size): 11 bid / 16 ask; largest — ask 16 lots ×458 appearances across 110 price levels. Ping probes (1-2 lots, typical iceberg hunting): bid ×716, ask ×774.
| Day | Buyer initiative | Icebergs bid/ask | Robots bid/ask | Trades |
|---|---|---|---|---|
| 23.07 | 45% | 7/2 | 11/16 | 12,684 |
| 22.07 | 48% | 3/0 | 20/18 | 13,628 |
| 21.07 | 53% | 3/0 | 31/21 | 16,094 |
| 20.07 | 53% | 1/0 | 14/10 | 15,572 |
| 17.07 | 46% | 3/0 | 25/19 | 19,828 |
Source: L2 order book + trade tape (TQBR main session, ~23 liquid names). Trade side = the aggressor crossing the spread. Iceberg = level filled a multiple of its displayed size with regular refills. Robot clip = a non-round order size recurring hundreds of times across dozens of price levels (an algo's fingerprint migrating with price); ping = 1-2 lot probe orders. Updated nightly.
| 22.05.26 | Filing | ★ ▼ Присвоение или изменение рейтинга эмиссионных ценных бумаг эмитента рейтинговым агентством или иной организацией на основании договора ПАО «Магнит» присвоен кредитный рейтинг AA+(RU), измененный с AAA(RU) 22 мая 2026 года. Рейтинг касается нескольких серий биржевых облигаций, включая БО-004Р-08 и БО-005Р-05. |
| 22.05.26 | Filing | ★ ▼ Присвоение или изменение рейтинга эмитента рейтинговым агентством или иной организацией на основании договора ПАО «Магнит» присвоен кредитный рейтинг AA+(RU) с прогнозом стабильный, изменившийся с AAA(RU) 22 мая 2026 года. Рейтинг был присвоен Аналитическим Кредитным Рейтинговым Агентством (АКРА). |
| 01.07.26 | AGM / Board | Решения совета директоров (наблюдательного совета) Совет директоров ПАО «Магнит» 30.06.2026 избрал новый состав Правления, в который вошли 8 членов. Все 9 членов совета проголосовали «ЗА» без против и воздержавшихся. Один из членов Правления, Мелешина Анна Юрьевна, владеет 0,0016% акций компании. |
| 22.06.26 | AGM / Board | Решения общих собраний участников (акционеров) На годовом собрании акционеров ПАО «Магнит» 19 июня 2026 года было принято решение не выплачивать дивиденды по результатам 2025 года и оставить чистую прибыль в качестве нераспределенной. Кворум был установлен, все решения были приняты с высоким уровнем одобрения акционеров. |
| 09.06.26 | Material event | События (действия), оказывающие, по мнению эмитента, существенное влияние на стоимость или котировки его ценных бумаг ПАО «Магнит» установило размер надбавки (S) в 1,5% годовых для расчета купонного дохода и НКД по биржевым облигациям серии БО-005Р-06. Это событие может повлиять на стоимость и котировки ценных бумаг компании. |
| 13.02.26 | Buyback | Приобретение (наступление оснований для приобретения) размещённых эмитентом облигаций ПАО «Магнит» планирует приобрести свои биржевые облигации серии БО-004Р-05 по цене 100% от их номинальной стоимости с выплатой накопленного купонного дохода. Приобретение запланировано на 10 марта 2026 года, а период подачи заявок владельцами облигаций будет с 26 февраля по 4 марта 2026 года. |
Source: e-disclosure material filings over the last 180 days; ★ — flagged important by the classifier; summaries are automatic.
Substantive mentions last 7 days: 0, last 30 days: 0 across tracked channels, broker research and shows. 7 passing mentions (digests, calendars) hidden.
Sources: Telegram channels (bloggers — blue chip, broker research — green), YouTube shows via transcripts (orange). Tone (▲/▼) is an automatic assessment in the stock's context. Quotes are fragmentary; authors' views are not our recommendations.
Investor reporting (IR): https://www.e-disclosure.ru/portal/files.aspx?id=7671
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Magnit (MGNT) — from primary filings.
MGNT (Magnit) is a Russian retail company that operates a chain of grocery stores, hypermarkets, and pharmacies across Russia.