NVTK Stock Overview
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.
PAO NOVATEK Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$993.00|
|52 Week High||US$2,025.80|
|52 Week Low||US$654.00|
|1 Month Change||0%|
|3 Month Change||-1.76%|
|1 Year Change||-44.39%|
|3 Year Change||-22.19%|
|5 Year Change||64.92%|
|Change since IPO||437.92%|
Recent News & Updates
|NVTK||RU Oil and Gas||RU Market|
Return vs Industry: NVTK underperformed the Russian Oil and Gas industry which returned -30% over the past year.
Return vs Market: NVTK underperformed the Russian Market which returned -33.7% over the past year.
|NVTK Average Weekly Movement||7.6%|
|Oil and Gas Industry Average Movement||4.7%|
|Market Average Movement||4.9%|
|10% most volatile stocks in RU Market||8.7%|
|10% least volatile stocks in RU Market||2.9%|
Stable Share Price: NVTK is more volatile than 75% of Russian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: NVTK's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Russian stocks.
About the Company
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. The company principally holds interests in reserves located in the Yamal-Nenets Autonomous Region, Western Siberia. It sells natural gas, stable gas condensate, gas condensate refined products, liquefied petroleum gas, crude oil, naphtha, diesel fuel, jet fuel, methanol, and petrol.
PAO NOVATEK Fundamentals Summary
|NVTK fundamental statistics|
Is NVTK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NVTK income statement (TTM)|
|Cost of Revenue||₽601.18b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||1.45k|
|Net Profit Margin||40.75%|
How did NVTK perform over the long term?See historical performance and comparison
21.3%Current Dividend Yield
Is NVTK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NVTK?
Other financial metrics that can be useful for relative valuation.
|What is NVTK's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NVTK's PE Ratio compare to its peers?
|NVTK PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SIBN Gazprom Neft
LKOH PJSC LUKOIL
NVTK PAO NOVATEK
Price-To-Earnings vs Peers: NVTK is good value based on its Price-To-Earnings Ratio (2.3x) compared to the peer average (2.9x).
Price to Earnings Ratio vs Industry
How does NVTK's PE Ratio compare vs other companies in the European Oil and Gas Industry?
Price-To-Earnings vs Industry: NVTK is good value based on its Price-To-Earnings Ratio (2.3x) compared to the Russian Oil and Gas industry average (3.7x)
Price to Earnings Ratio vs Fair Ratio
What is NVTK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.3x|
|Fair PE Ratio||7x|
Price-To-Earnings vs Fair Ratio: NVTK is good value based on its Price-To-Earnings Ratio (2.3x) compared to the estimated Fair Price-To-Earnings Ratio (7x).
Share Price vs Fair Value
What is the Fair Price of NVTK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NVTK (RUB993) is trading below our estimate of fair value (RUB5070.11)
Significantly Below Fair Value: NVTK is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is PAO NOVATEK forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVTK's forecast earnings growth (11.2% per year) is above the savings rate (7.5%).
Earnings vs Market: NVTK's earnings (11.2% per year) are forecast to grow faster than the Russian market (-1.5% per year).
High Growth Earnings: NVTK's earnings are forecast to grow, but not significantly.
Revenue vs Market: NVTK's revenue (3.3% per year) is forecast to grow faster than the Russian market (2.4% per year).
High Growth Revenue: NVTK's revenue (3.3% 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 (19.9%).
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How has PAO NOVATEK performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVTK has high quality earnings.
Growing Profit Margin: NVTK's current net profit margins (40.8%) are higher than last year (10.3%).
Past Earnings Growth Analysis
Earnings Trend: NVTK's earnings have grown by 10% per year over the past 5 years.
Accelerating Growth: NVTK's earnings growth over the past year (538.2%) exceeds its 5-year average (10% per year).
Earnings vs Industry: NVTK earnings growth over the past year (538.2%) exceeded the Oil and Gas industry 56.4%.
Return on Equity
High ROE: NVTK's Return on Equity (23.6%) is considered high.
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How is PAO NOVATEK's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NVTK's short term assets (RUB577.1B) exceed its short term liabilities (RUB388.8B).
Long Term Liabilities: NVTK's short term assets (RUB577.1B) exceed its long term liabilities (RUB157.4B).
Debt to Equity History and Analysis
Debt Level: NVTK's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: NVTK's debt to equity ratio has reduced from 32.9% to 9.4% over the past 5 years.
Debt Coverage: NVTK's debt is well covered by operating cash flow (233%).
Interest Coverage: NVTK earns more interest than it pays, so coverage of interest payments is not a concern.
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What is PAO NOVATEK current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NVTK's dividend (21.28%) is higher than the bottom 25% of dividend payers in the Russian market (4.85%).
High Dividend: NVTK's dividend (21.28%) is in the top 25% of dividend payers in the Russian market (13.13%)
Stability and Growth of Payments
Stable Dividend: NVTK's dividends per share have been stable in the past 10 years.
Growing Dividend: NVTK's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.5%), NVTK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.3%), NVTK's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Leonid Mikhelson (67 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...
Experienced Management: NVTK's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: NVTK'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: NVTK insiders have bought and sold the same number of shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PAO NOVATEK's employee growth, exchange listings and data sources
- Name: PAO NOVATEK
- Ticker: NVTK
- Exchange: MISX
- Founded: 1994
- Industry: Integrated Oil and Gas
- Sector: Energy
- Implied Market Cap: US$16.615b
- Listing Market Cap: US$1.005t
- Shares outstanding: 299.36m
- Website: https://www.novatek.ru
- PAO NOVATEK
- 22-A, Pobedy Street
- Yamalo-Nenetsky AO
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/17 00:00|
|End of Day Share Price||2022/07/08 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.