PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas.
PJSC LUKOIL Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₽6,954.00|
|52 Week High||₽3,961.00|
|52 Week Low||₽7,005.00|
|1 Month Change||8.12%|
|3 Month Change||4.12%|
|1 Year Change||51.01%|
|3 Year Change||38.64%|
|5 Year Change||126.15%|
|Change since IPO||317.14%|
Recent News & Updates
PJSC LUKOIL's (MCX:LKOH) Returns On Capital Are Heading Higher
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
We Think PJSC LUKOIL (MCX:LKOH) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Estimating The Fair Value Of PJSC LUKOIL (MCX:LKOH)
In this article we are going to estimate the intrinsic value of PJSC LUKOIL ( MCX:LKOH ) by taking the expected future...
|LKOH||RU Oil and Gas||RU Market|
Return vs Industry: LKOH underperformed the Russian Oil and Gas industry which returned 54% over the past year.
Return vs Market: LKOH exceeded the Russian Market which returned 40.8% over the past year.
Stable Share Price: LKOH is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LKOH's weekly volatility (3%) has been stable over the past year.
About the Company
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
|LKOH fundamental statistics|
Is LKOH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LKOH income statement (TTM)|
|Cost of Revenue||₽4.83t|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||654.46|
|Net Profit Margin||6.16%|
How did LKOH perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Is PJSC LUKOIL undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LKOH (RUB6825.5) is trading below our estimate of fair value (RUB7428.74)
Significantly Below Fair Value: LKOH is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LKOH is poor value based on its PE Ratio (10.4x) compared to the Russian Oil and Gas industry average (7.8x).
PE vs Market: LKOH is poor value based on its PE Ratio (10.4x) compared to the Russian market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: LKOH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: LKOH is overvalued based on its PB Ratio (1x) compared to the RU Oil and Gas industry average (0.5x).
How is PJSC LUKOIL forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LKOH's earnings are forecast to decline over the next 3 years (-6.6% per year).
Earnings vs Market: LKOH's earnings are forecast to decline over the next 3 years (-6.6% per year).
High Growth Earnings: LKOH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: LKOH's revenue is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: LKOH's revenue is forecast to decline over the next 3 years (-0.7% 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 (9.6%).
How has PJSC LUKOIL performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LKOH has high quality earnings.
Growing Profit Margin: LKOH's current net profit margins (6.2%) are higher than last year (3.8%).
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 (74.3%) exceeds its 5-year average (3.8% per year).
Earnings vs Industry: LKOH earnings growth over the past year (74.3%) exceeded the Oil and Gas industry -1.7%.
Return on Equity
High ROE: LKOH's Return on Equity (10%) is considered low.
How is PJSC LUKOIL's financial position?
Financial Position Analysis
Short Term Liabilities: LKOH's short term assets (RUB1,838.6B) exceed its short term liabilities (RUB1,278.3B).
Long Term Liabilities: LKOH's short term assets (RUB1,838.6B) exceed its long term liabilities (RUB924.9B).
Debt to Equity History and Analysis
Debt Level: LKOH's debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: LKOH's debt to equity ratio has reduced from 26.9% to 10.3% over the past 5 years.
Debt Coverage: LKOH's debt is well covered by operating cash flow (211.8%).
Interest Coverage: LKOH's interest payments on its debt are well covered by EBIT (23.4x coverage).
What is PJSC LUKOIL current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LKOH's dividend (3.79%) is higher than the bottom 25% of dividend payers in the Russian market (3.01%).
High Dividend: LKOH's dividend (3.79%) is low compared to the top 25% of dividend payers in the Russian market (7.89%).
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 reasonably low payout ratio (39.6%), LKOH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LKOH's dividends in 3 years are forecast to be covered by earnings (70.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vagit Alekperov (71 yo)
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...
Experienced Management: LKOH's management team is seasoned and experienced (11.7 years average tenure).
Experienced Board: LKOH's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PJSC LUKOIL's employee growth, exchange listings and data sources
- Name: PJSC LUKOIL
- Ticker: LKOH
- Exchange: MISX
- Founded: 1993
- Industry: Integrated Oil and Gas
- Sector: Energy
- Market Cap: ₽4.454t
- Shares outstanding: 652.50m
- Website: https://www.lukoil.com
Number of Employees
- PJSC LUKOIL
- 11, Sretensky Boulevard
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 18:00|
|End of Day Share Price||2021/09/27 00:00|
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.