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 established dividend payer.
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: NOVK.Y has not had significant price volatility in the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: NOVK.Y exceeded the US Oil and Gas industry which returned -46.7% over the past year.
Return vs Market: NOVK.Y underperformed the US Market which returned 18.5% over the past year.
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: NOVK.Y ($134) is trading above our estimate of fair value ($25.6)
Significantly Below Fair Value: NOVK.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NOVK.Y is good value based on its PE Ratio (7.4x) compared to the US Oil and Gas industry average (7.6x).
PE vs Market: NOVK.Y is good value based on its PE Ratio (7.4x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: NOVK.Y is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: NOVK.Y is overvalued based on its PB Ratio (2x) compared to the US Oil and Gas industry average (0.8x).
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: NOVK.Y's forecast earnings growth (16.5% per year) is above the savings rate (2.2%).
Earnings vs Market: NOVK.Y's earnings (16.5% per year) are forecast to grow slower than the US market (22.2% per year).
High Growth Earnings: NOVK.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: NOVK.Y's revenue (10.2% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: NOVK.Y's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOVK.Y's Return on Equity is forecast to be low in 3 years time (11.7%).
How has PAO NOVATEK performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOVK.Y has a high level of non-cash earnings.
Growing Profit Margin: NOVK.Y's current net profit margins (62.5%) are lower than last year (63.6%).
Past Earnings Growth Analysis
Earnings Trend: NOVK.Y's earnings have grown significantly by 40.3% per year over the past 5 years.
Accelerating Growth: NOVK.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NOVK.Y had negative earnings growth (-21.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-38%).
Return on Equity
High ROE: NOVK.Y's Return on Equity (27.2%) is considered high.
How is PAO NOVATEK's financial position?
Financial Position Analysis
Short Term Liabilities: NOVK.Y's short term assets (RUB380.3B) exceed its short term liabilities (RUB141.2B).
Long Term Liabilities: NOVK.Y's short term assets (RUB380.3B) exceed its long term liabilities (RUB208.9B).
Debt to Equity History and Analysis
Debt Level: NOVK.Y's debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: NOVK.Y's debt to equity ratio has reduced from 54.4% to 10.5% over the past 5 years.
Debt Coverage: NOVK.Y's debt is well covered by operating cash flow (117.2%).
Interest Coverage: NOVK.Y 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: NOVK.Y's dividend (2.87%) is higher than the bottom 25% of dividend payers in the US market (1.64%).
High Dividend: NOVK.Y's dividend (2.87%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
Stable Dividend: NOVK.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: NOVK.Y's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.2%), NOVK.Y's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NOVK.Y's dividends in 3 years are forecast to be well covered by earnings (33.2% payout ratio).
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||no data|
|Deputy Chairman of the Management Board & CFO||10.25yrs||no data||no data|
|First Deputy Chairman of Management Board||16.75yrs||no data||0.083% |
|Deputy Chairman of Management Board||no data||no data||0.20% |
|Deputy Chairman of Management Board||15.75yrs||no data||0.029% |
|First Deputy Chairman of the Management Board||5.67yrs||no data||no data|
|Deputy Chairman of Management Board||4.58yrs||no data||no data|
|Deputy Chairman of the Management Board||2.75yrs||no data||0.00081% |
|Deputy Chairman of Management Board & Operations Director||3.42yrs||no data||0.00030% |
|Deputy Chairman of the Management Board||2.08yrs||no data||0.00030% |
|Deputy Chairman of the Management Board & Director of Communications Development Department||2.08yrs||no data||no data|
|Member of Management Board||1.75yrs||no data||no data|
Experienced Management: NOVK.Y's management team is considered experienced (4 years average tenure).
|CEO, Chairman of the Management Board||no data||no data||no data|
|Independent Director||5.5yrs||no data||no data|
|Director||5yrs||no data||0.010% |
|Chairman of the Board||16.75yrs||no data||no data|
|Director||5.5yrs||no data||no data|
|Director||5yrs||no data||no data|
|Independent Director||6.5yrs||no data||no data|
|Director||1.75yrs||no data||no data|
|Independent Director||0.50yr||no data||no data|
Experienced Board: NOVK.Y's board of directors are considered experienced (5.5 years average tenure).
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.
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: NOVK.Y
- Exchange: OTCPK
- Founded: 1994
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$40.724b
- Shares outstanding: 300.32m
- 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||SPON GDR REG S||GB||USD||Jul 2005|
|N1O||DB (Deutsche Boerse AG)||Yes||SPON GDR REG S||DE||EUR||Jul 2005|
|NOVK.Y||OTCPK (Pink Sheets LLC)||Yes||SPON GDR REG S||US||USD||Jul 2005|
|NVTKL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||SPON GDR REG S||GB||USD||Jul 2005|
|NVTK||WBAG (Wiener Boerse AG)||Yes||SPON GDR 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||2020/10/22 00:28|
|End of Day Share Price||2020/10/21 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.