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LKOH

PJSC LUKOILLSE:LKOH Stock Report

Last Price

₽84.55

Market Cap

₽55.3b

7D

-8.9%

1Y

5.4%

Updated

19 Jan, 2022

Data

Company Financials +
LKOH fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

LKOH Stock Overview

PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas.

PJSC LUKOIL Competitors

BP

LSE:BP.

UK£77.3b

Rosneft Oil

LSE:ROSN

US$70.6b

Exxon Mobil

NYSE:XOM

US$309.5b

Chevron

NYSE:CVX

US$248.5b

Price History & Performance

Summary of all time highs, changes and price drops for PJSC LUKOIL
Historical stock prices
Current Share Price₽84.55
52 Week High₽107.57
52 Week Low₽71.68
Beta0.48
1 Month Change-1.25%
3 Month Change-19.15%
1 Year Change5.39%
3 Year Change9.73%
5 Year Change58.71%
Change since IPO14.72%

Recent News & Updates

Shareholder Returns

LKOHGB Oil and GasGB Market
7D-8.9%-5.0%-1.0%
1Y5.4%17.8%8.3%

Return vs Industry: LKOH underperformed the UK Oil and Gas industry which returned 16.1% over the past year.

Return vs Market: LKOH underperformed the UK Market which returned 8.3% over the past year.

Price Volatility

Is LKOH's price volatile compared to industry and market?
LKOH volatility
LKOH Average Weekly Movement5.9%
Oil and Gas Industry Average Movement7.7%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: LKOH is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: LKOH's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/aVagit Alekperovhttps://www.lukoil.com

PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas. The company’s Exploration and Production segment explores, develops, and produces crude oil and gas. Its Refining, Marketing and Distribution segment engages in refining; petrochemical and transport operations; marketing and trading of crude oil, natural gas, and refined products; and generation, transportation, and sale of electricity and heat, as well as provides related services.

PJSC LUKOIL Fundamentals Summary

How do PJSC LUKOIL's earnings and revenue compare to its market cap?
LKOH fundamental statistics
Market Cap₽4.23t
Earnings (TTM)₽569.09b
Revenue (TTM)₽8.07t

7.4x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LKOH income statement (TTM)
Revenue₽8.07t
Cost of Revenue₽5.58t
Gross Profit₽2.48t
Expenses₽1.91t
Earnings₽569.09b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)874.76
Gross Margin30.77%
Net Profit Margin7.06%
Debt/Equity Ratio10.1%

How did LKOH perform over the long term?

See historical performance and comparison

Dividends

8.5%

Current Dividend Yield

63%

Payout Ratio

Valuation

Is PJSC LUKOIL undervalued compared to its fair value and its price relative to the market?

37.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LKOH ($84.55) is trading below our estimate of fair value ($135.23)

Significantly Below Fair Value: LKOH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LKOH is good value based on its PE Ratio (7.4x) compared to the UK Oil and Gas industry average (13.7x).

PE vs Market: LKOH is good value based on its PE Ratio (7.4x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: LKOH is poor value based on its PEG Ratio (34.1x)


Price to Book Ratio

PB vs Industry: LKOH's PB Ratio (0.9x) is in line with the GB Oil and Gas industry average.


Future Growth

How is PJSC LUKOIL forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

0.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LKOH's forecast earnings growth (0.2% per year) is below the savings rate (0.9%).

Earnings vs Market: LKOH's earnings (0.2% per year) are forecast to grow slower than the UK market (12.1% per year).

High Growth Earnings: LKOH's earnings are forecast to grow, but not significantly.

Revenue vs Market: LKOH's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: LKOH's revenue is forecast to decline over the next 3 years (-1.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LKOH's Return on Equity is forecast to be low in 3 years time (10.2%).


Past Performance

How has PJSC LUKOIL performed over the past 5 years?

3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LKOH has high quality earnings.

Growing Profit Margin: LKOH's current net profit margins (7.1%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: LKOH's earnings have grown by 3.8% per year over the past 5 years.

Accelerating Growth: LKOH's earnings growth over the past year (441.7%) exceeds its 5-year average (3.8% per year).

Earnings vs Industry: LKOH earnings growth over the past year (441.7%) exceeded the Oil and Gas industry 63.2%.


Return on Equity

High ROE: LKOH's Return on Equity (12.7%) is considered low.


Financial Health

How is PJSC LUKOIL's financial position?


Financial Position Analysis

Short Term Liabilities: LKOH's short term assets (RUB1,984.6B) exceed its short term liabilities (RUB1,188.6B).

Long Term Liabilities: LKOH's short term assets (RUB1,984.6B) exceed its long term liabilities (RUB938.6B).


Debt to Equity History and Analysis

Debt Level: LKOH has more cash than its total debt.

Reducing Debt: LKOH's debt to equity ratio has reduced from 25.6% to 10.1% over the past 5 years.

Debt Coverage: LKOH's debt is well covered by operating cash flow (227.3%).

Interest Coverage: LKOH's interest payments on its debt are well covered by EBIT (33.6x coverage).


Balance Sheet


Dividend

What is PJSC LUKOIL current dividend yield, its reliability and sustainability?

8.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LKOH's dividend (8.51%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).

High Dividend: LKOH's dividend (8.51%) is in the top 25% of dividend payers in the UK market (4.06%)


Stability and Growth of Payments

Stable Dividend: LKOH's dividend payments have been volatile in the past 10 years.

Growing Dividend: LKOH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63.4%), LKOH's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LKOH's dividends in 3 years are forecast to be covered by earnings (70.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.0yrs

Average management tenure


CEO

Vagit Alekperov (71 yo)

29yrs

Tenure

Mr. Vagit Yusufovich Alekperov serves as the President and Director of PJSC LUKOIL (formerly, OAO LUKOIL) since 1993 and also serves as its Chief Executive Officer. Mr. Alekperov serves as Chairman of the...


Leadership Team

Experienced Management: LKOH's management team is seasoned and experienced (12 years average tenure).


Board Members

Experienced Board: LKOH's board of directors are considered experienced (5.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LKOH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PJSC LUKOIL's employee growth, exchange listings and data sources


Key Information

  • Name: PJSC LUKOIL
  • Ticker: LKOH
  • Exchange: LSE
  • Founded: 1993
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Implied Market Cap: ₽4.226t
  • Listing Market Cap: ₽55.281b
  • Shares outstanding: 650.56m
  • Website: https://www.lukoil.com

Number of Employees


Location

  • PJSC LUKOIL
  • 11, Sretensky Boulevard
  • Moscow
  • 101000
  • Russia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:09
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.