PJSC LUKOIL
Market Cap
US$49.0b
Last Updated
2021/02/27 19:16 UTC
Data Sources
Company Financials +
Executive Summary
PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential and pays a dividend.
Similar Companies
Share Price & News
How has PJSC LUKOIL's share price performed over time and what events caused price changes?
Latest Share Price and Events
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 has decreased from 12% to 6% over the past year.
Market Performance
7 Day Return
-1.1%
LKOH
0.9%
GB Oil and Gas
-2.3%
GB Market
1 Year Return
-10.0%
LKOH
-6.0%
GB Oil and Gas
1.1%
GB Market
Return vs Industry: LKOH underperformed the UK Oil and Gas industry which returned -6% over the past year.
Return vs Market: LKOH underperformed the UK Market which returned 1.1% over the past year.
Shareholder returns
| LKOH | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | 0.9% | -2.3% |
| 30 Day | 3.5% | 3.5% | -0.1% |
| 90 Day | 9.4% | 10.7% | 4.2% |
| 1 Year | -3.0%-10.0% | -0.9%-6.0% | 7.1%1.1% |
| 3 Year | 40.0%16.6% | -0.2%-13.9% | 9.7%-3.4% |
| 5 Year | 178.0%103.0% | 41.0%10.9% | 36.9%10.5% |
Long-Term Price Volatility Vs. Market
How volatile is PJSC LUKOIL's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is PJSC LUKOIL undervalued compared to its fair value and its price relative to the market?
22.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LKOH ($75.98) is trading below our estimate of fair value ($97.72)
Significantly Below Fair Value: LKOH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LKOH is poor value based on its PE Ratio (34.6x) compared to the GB Oil and Gas industry average (19x).
PE vs Market: LKOH is poor value based on its PE Ratio (34.6x) compared to the UK market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: LKOH is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: LKOH is good value based on its PB Ratio (0.9x) compared to the GB Oil and Gas industry average (1x).
Next Steps
Future Growth
How is PJSC LUKOIL forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
26.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LKOH's forecast earnings growth (26.3% per year) is above the savings rate (1%).
Earnings vs Market: LKOH's earnings (26.3% per year) are forecast to grow faster than the UK market (23.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LKOH's revenue (7.4% per year) is forecast to grow faster than the UK market (7.3% per year).
High Growth Revenue: LKOH's revenue (7.4% per year) is forecast to grow slower than 20% 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 (8.8%).
Next Steps
Past Performance
How has PJSC LUKOIL performed over the past 5 years?
13.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LKOH has high quality earnings.
Growing Profit Margin: LKOH's current net profit margins (1.7%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: LKOH's earnings have grown by 13.8% per year over the past 5 years.
Accelerating Growth: LKOH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LKOH had negative earnings growth (-84.5%) over the past year, making it difficult to compare to the Oil and Gas industry average (-55.7%).
Return on Equity
High ROE: LKOH's Return on Equity (2.5%) is considered low.
Next Steps
Financial Health
How is PJSC LUKOIL's financial position?
Financial Position Analysis
Short Term Liabilities: LKOH's short term assets (RUB1,442.9B) exceed its short term liabilities (RUB951.5B).
Long Term Liabilities: LKOH's short term assets (RUB1,442.9B) exceed its long term liabilities (RUB1,017.8B).
Debt to Equity History and Analysis
Debt Level: LKOH's debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: LKOH's debt to equity ratio has reduced from 15.9% to 13.4% over the past 5 years.
Debt Coverage: LKOH's debt is well covered by operating cash flow (154.3%).
Interest Coverage: LKOH's interest payments on its debt are well covered by EBIT (10.4x coverage).
Balance Sheet
Next Steps
Dividend
What is PJSC LUKOIL current dividend yield, its reliability and sustainability?
7.07%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LKOH's dividend (7.07%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: LKOH's dividend (7.07%) is in the top 25% of dividend payers in the UK market (4.57%)
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 high payout ratio (244.8%), LKOH's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LKOH's dividends in 3 years are forecast to be covered by earnings (57.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.6yrs
Average management tenure
CEO
Vagit Alekperov (70 yo)
no data
Tenure
Mr. Vagit Usufovich 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 M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 0.67yr | no data | 0.51% RUB 248.6m | |
| CEO, President | no data | no data | 30.04% RUB 14.7b | |
| VP of Finance & Member of Management Committee | 0.58yr | no data | 0.036% RUB 17.7m | |
| First VP & Member of Management Committee | 24.08yrs | no data | 0.41% RUB 201.2m | |
| VP of Human Resources Management & Social Policy and Member of Management Committee | 18.08yrs | no data | 0.027% RUB 13.0m | |
| VP of Exploration & Development and Member of Management Committee | 4.08yrs | no data | 0.022% RUB 10.9m | |
| VP of Economics & Planning and Member of Management Committee | 11.08yrs | no data | 0.021% RUB 10.4m | |
| VP, General Counsel & Member of Management Committee | 28.08yrs | no data | 0.047% RUB 22.9m | |
| First VP & Member of Management Committee | 8.08yrs | no data | 0.014% RUB 6.8m | |
| First Exec. VP | 11.08yrs | no data | 0.031% RUB 15.1m | |
| VP of Power Generation & Member of Management Committee | 2.58yrs | no data | 0.053% RUB 26.0m | |
| Senior VP of Overseas Oil | 6.08yrs | no data | 0.0096% RUB 4.7m |
9.6yrs
Average Tenure
59yo
Average Age
Experienced Management: LKOH's management team is seasoned and experienced (9.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 0.67yr | no data | 0.51% RUB 248.6m | |
| CEO, President | no data | no data | 30.04% RUB 14.7b | |
| VP of Strategic Development & Executive Director | 7.67yrs | no data | 9.96% RUB 4.9b | |
| Non-Executive Director | 3.67yrs | no data | 0.47% RUB 229.3m | |
| Independent Director | 1.67yrs | no data | no data | |
| Independent Deputy Chairman | 0.67yr | no data | no data | |
| Independent Director | 5.67yrs | no data | no data | |
| Independent Director | 0.67yr | no data | 0.036% RUB 17.7m | |
| Independent Director | 4.67yrs | no data | no data | |
| Independent Director | 1.67yrs | no data | no data | |
| Independent Director | 1.67yrs | no data | no data |
1.7yrs
Average Tenure
68yo
Average Age
Experienced Board: LKOH's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.
Top Shareholders
Company Information
PJSC LUKOIL's company bio, 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
- Market Cap: ₽3.656t
- Listing Market Cap: ₽48.972b
- Shares outstanding: 652.50m
- Website: https://www.lukoil.com
Number of Employees
Location
- PJSC LUKOIL
- 11, Sretensky Boulevard
- Moscow
- 101000
- Russia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LKOH | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jun 1995 |
| LKOH | MISX (Micex - Rts) | Yes | Common Stock | RU | RUB | Jun 1995 |
| RU_LKOH | KAS (Kazakhstan Stock Exchange) | Yes | Common Stock | KZ | KZT | Jun 1995 |
| LUKO.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Jan 1996 | |
| LKOD | LSE (London Stock Exchange) | SPONSORED ADR | GB | USD | Jan 1996 | |
| LUK | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | Jan 1996 | |
| LUK | XTRA (XETRA Trading Platform) | SPONSORED ADR | DE | EUR | Jan 1996 | |
| LKODL | BATS-CHIXE (BATS 'Chi-X Europe') | SPONSORED ADR | GB | USD | Jan 1996 | |
| LKOD N | BMV (Bolsa Mexicana de Valores) | SPONSORED ADR | MX | MXN | Jan 1996 | |
| LKOD | WBAG (Wiener Boerse AG) | SPONSORED ADR | AT | EUR | Jan 1996 |
Biography
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, a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 19:16 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.