Executive Summary
Public Joint Stock Company Gazprom, an integrated energy company, engages in the geological exploration, production, processing, storage, transportation, and sale of gas, gas condensates, and oil in Russia and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Gazprom's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GAZP is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: GAZP's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
6.0%
GAZP
3.3%
RU Oil and Gas
2.9%
RU Market
1 Year Return
27.2%
GAZP
19.6%
RU Oil and Gas
30.2%
RU Market
Return vs Industry: GAZP exceeded the Russian Oil and Gas industry which returned 20.1% over the past year.
Return vs Market: GAZP underperformed the Russian Market which returned 30.2% over the past year.
Shareholder returns
| GAZP | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.0% | 3.3% | 2.9% |
| 30 Day | 3.2% | -0.8% | 1.9% |
| 90 Day | 4.0% | 3.0% | 4.6% |
| 1 Year | 38.1%27.2% | 27.7%19.6% | 38.4%30.2% |
| 3 Year | 100.9%62.7% | 56.4%29.4% | 70.0%40.4% |
| 5 Year | 103.4%45.8% | 94.2%45.9% | 122.1%68.1% |
Long-Term Price Volatility Vs. Market
How volatile is Gazprom's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Calculating The Intrinsic Value Of Public Joint Stock Company Gazprom (MCX:GAZP)1 month ago | Simply Wall St
Is Public Joint Stock Company Gazprom (MCX:GAZP) An Attractive Dividend Stock?1 month ago | Simply Wall St
Are Institutions Heavily Invested In Public Joint Stock Company Gazprom's (MCX:GAZP) Shares?Valuation
Is Gazprom undervalued compared to its fair value and its price relative to the market?
0.4x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GAZP (RUB235) is trading above our estimate of fair value (RUB203.04)
Significantly Below Fair Value: GAZP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GAZP is unprofitable, so we can't compare its PE Ratio to the RU Oil and Gas industry average.
PE vs Market: GAZP is unprofitable, so we can't compare its PE Ratio to the Russian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GAZP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GAZP is good value based on its PB Ratio (0.4x) compared to the RU Oil and Gas industry average (0.6x).
Future Growth
How is Gazprom forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
62.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GAZP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.7%).
Earnings vs Market: GAZP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GAZP's is expected to become profitable in the next 3 years.
Revenue vs Market: GAZP's revenue (9.1% per year) is forecast to grow faster than the Russian market (8.5% per year).
High Growth Revenue: GAZP's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GAZP's Return on Equity is forecast to be low in 3 years time (8.1%).
Past Performance
How has Gazprom performed over the past 5 years?
4.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GAZP is currently unprofitable.
Growing Profit Margin: GAZP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GAZP is unprofitable, but has reduced losses over the past 5 years at a rate of 4.7% per year.
Accelerating Growth: Unable to compare GAZP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GAZP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-33.9%).
Return on Equity
High ROE: GAZP has a negative Return on Equity (-0.28%), as it is currently unprofitable.
Financial Health
How is Gazprom's financial position?
Financial Position Analysis
Short Term Liabilities: GAZP's short term assets (RUB3,157.8B) exceed its short term liabilities (RUB2,251.3B).
Long Term Liabilities: GAZP's short term assets (RUB3,157.8B) do not cover its long term liabilities (RUB5,871.3B).
Debt to Equity History and Analysis
Debt Level: GAZP's debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: GAZP's debt to equity ratio has increased from 29.2% to 34.3% over the past 5 years.
Debt Coverage: GAZP's debt is well covered by operating cash flow (27.1%).
Interest Coverage: GAZP is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Gazprom current dividend yield, its reliability and sustainability?
6.49%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GAZP's dividend (6.49%) is higher than the bottom 25% of dividend payers in the Russian market (3.52%).
High Dividend: GAZP's dividend (6.49%) is low compared to the top 25% of dividend payers in the Russian market (7.8%).
Stability and Growth of Payments
Stable Dividend: GAZP's dividend payments have been volatile in the past 10 years.
Growing Dividend: GAZP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: GAZP is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: GAZP's dividends in 3 years are forecast to be well covered by earnings (48.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Anton Dzhalyabov
0.083
Tenure
Mr. Anton Dzhalyabov serves as General Director at Public Joint Stock Company Gazprom since March 2021. He is a graduate of Ufa State Oil Technical University with a degree in development and operation of ...
Leadership Team
Experienced Management: GAZP's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: GAZP's board of directors are considered experienced (9.8 years average tenure).
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.
Top Shareholders
Company Information
Public Joint Stock Company Gazprom's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Public Joint Stock Company Gazprom
- Ticker: GAZP
- Exchange: MISX
- Founded: 1993
- Industry: Integrated Oil and Gas
- Sector: Energy
- Market Cap: ₽5.515t
- Shares outstanding: 23.64b
- Website: https://www.gazprom.com
Number of Employees
Location
- Public Joint Stock Company Gazprom
- 16 Nametkina Street
- GSP-7
- Moscow
- 117997
- Russia
Listings
Biography
Public Joint Stock Company Gazprom, an integrated energy company, engages in the geological exploration, production, processing, storage, transportation, and sale of gas, gas condensates, and oil in Russia...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/16 20:04 |
| End of Day Share Price | 2021/04/16 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.