PAO NOVATEK, an independent oil and gas company, engages in the acquisition, exploration, development, production, processing, marketing, and export of natural gas and liquid hydrocarbons. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has PAO NOVATEK's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NVTK is more volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NVTK's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of Russian stocks.
7 Day Return
RU Oil and Gas
1 Year Return
RU Oil and Gas
Return vs Industry: NVTK exceeded the Russian Oil and Gas industry which returned -23.3% over the past year.
Return vs Market: NVTK exceeded the Russian Market which returned -5.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is PAO NOVATEK's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is PAO NOVATEK undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NVTK (RUB1265.6) is trading above our estimate of fair value (RUB427.89)
Significantly Below Fair Value: NVTK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NVTK is poor value based on its PE Ratio (55.1x) compared to the RU Oil and Gas industry average (10.7x).
PE vs Market: NVTK is poor value based on its PE Ratio (55.1x) compared to the Russian market (10.8x).
Price to Earnings Growth Ratio
PEG Ratio: NVTK is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: NVTK is overvalued based on its PB Ratio (2.4x) compared to the RU Oil and Gas industry average (0.6x).
How is PAO NOVATEK forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVTK's forecast earnings growth (30.5% per year) is above the savings rate (8.3%).
Earnings vs Market: NVTK's earnings (30.5% per year) are forecast to grow faster than the Russian market (24.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NVTK's revenue (10.7% per year) is forecast to grow faster than the Russian market (8.4% per year).
High Growth Revenue: NVTK's revenue (10.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NVTK's Return on Equity is forecast to be low in 3 years time (14.2%).
How has PAO NOVATEK performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVTK has high quality earnings.
Growing Profit Margin: NVTK's current net profit margins (10.5%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: NVTK's earnings have grown significantly by 31.6% per year over the past 5 years.
Accelerating Growth: NVTK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NVTK had negative earnings growth (-92.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-45.3%).
Return on Equity
High ROE: NVTK's Return on Equity (5.1%) is considered low.
How is PAO NOVATEK's financial position?
Financial Position Analysis
Short Term Liabilities: NVTK's short term assets (RUB394.0B) exceed its short term liabilities (RUB193.3B).
Long Term Liabilities: NVTK's short term assets (RUB394.0B) exceed its long term liabilities (RUB235.9B).
Debt to Equity History and Analysis
Debt Level: NVTK's debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: NVTK's debt to equity ratio has reduced from 71.4% to 12.7% over the past 5 years.
Debt Coverage: NVTK's debt is well covered by operating cash flow (95.4%).
Interest Coverage: NVTK earns more interest than it pays, so coverage of interest payments is not a concern.
What is PAO NOVATEK current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NVTK's dividend (2.38%) isn’t notable compared to the bottom 25% of dividend payers in the Russian market (3.94%).
High Dividend: NVTK's dividend (2.38%) is low compared to the top 25% of dividend payers in the Russian market (8.14%).
Stability and Growth of Payments
Stable Dividend: NVTK is not paying a notable dividend for the Russian market, therefore no need to check if payments are stable.
Growing Dividend: NVTK is not paying a notable dividend for the Russian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: NVTK is not paying a notable dividend for the Russian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NVTK's dividend in 3 years as they are not forecast to pay a notable one for the Russian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Leonid Mikhelson (65 yo)
Mr. Leonid Viktorovich Mikhelson has been the Chairman of Executive Management Board at Joint Stock Company NOVATEK (formerly known as PAO NOVATEK (formerly known as OAO NOVATEK)) since 2003 and serves as ...
|CEO, Chairman of the Management Board||no data||no data||0.0068% |
|Deputy Chairman of the Management Board & CFO||10.33yrs||no data||no data|
|Deputy Chairman of Management Board||no data||no data||0.20% |
|Deputy Chairman of Management Board||15.83yrs||no data||0.029% |
|First Deputy Chairman of the Management Board||5.75yrs||no data||no data|
|Deputy Chairman of Management Board||4.67yrs||no data||no data|
|Deputy Chairman of the Management Board||2.83yrs||no data||0.00081% |
|Deputy Chairman of Management Board & Operations Director||3.5yrs||no data||0.00030% |
|Deputy Chairman of the Management Board||2.17yrs||no data||0.00030% |
|Deputy Chairman of the Management Board & Director of Communications Development Department||2.17yrs||no data||no data|
|Deputy Chairman of the Management Board and Director for Marine Operations||no data||no data||no data|
|Member of Management Board||1.83yrs||no data||no data|
Experienced Management: NVTK's management team is considered experienced (3.5 years average tenure).
|CEO, Chairman of the Management Board||no data||no data||0.0068% |
|Independent Director||5.58yrs||no data||no data|
|Director||5.08yrs||no data||0.010% |
|Chairman of the Board||16.83yrs||no data||no data|
|Director||5.58yrs||no data||no data|
|Director||5.08yrs||no data||no data|
|Independent Director||6.58yrs||no data||no data|
|Director||1.83yrs||no data||no data|
|Independent Director||0.58yr||no data||no data|
Experienced Board: NVTK's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NVTK insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PAO NOVATEK's company bio, employee growth, exchange listings and data sources
- Name: PAO NOVATEK
- Ticker: NVTK
- Exchange: MISX
- Founded: 1994
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$49.215b
- Listing Market Cap: US$3.715t
- Shares outstanding: 300.28m
- Website: https://www.novatek.ru
- PAO NOVATEK
- Ulitsa Pobedy 22a
- Yamalo-Nenetsky AO
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NVTK||MISX (Micex - Rts)||Ordinary Shares||RU||RUB||Dec 2004|
|NVTK||LSE (London Stock Exchange)||Yes||GDR EACH REPR 10 ORD 'REG S'||GB||USD||Jul 2005|
|N1O||DB (Deutsche Boerse AG)||Yes||GDR EACH REPR 10 ORD 'REG S'||DE||EUR||Jul 2005|
|NOVK.Y||OTCPK (Pink Sheets LLC)||Yes||GDR EACH REPR 10 ORD 'REG S'||US||USD||Jul 2005|
|NVTKL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||GDR EACH REPR 10 ORD 'REG S'||GB||USD||Jul 2005|
|NVTK||WBAG (Wiener Boerse AG)||Yes||GDR EACH REPR 10 ORD 'REG S'||AT||EUR||Jul 2005|
PAO NOVATEK, an independent oil and gas company, engages in the acquisition, exploration, development, production, processing, marketing, and export of natural gas and liquid hydrocarbons. It principally h...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 21:54|
|End of Day Share Price||2020/11/24 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.