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PAO TMK

OTCPK:TMKX.Y
Snowflake Description

Moderate growth potential with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TMKX.Y
OTCPK
$928M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

PAO TMK manufactures, sells, and exports steel pipes for the oil and gas industry. The last earnings update was 76 days ago. More info.


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TMKX.Y Share Price and Events
7 Day Returns
0%
OTCPK:TMKX.Y
-7.1%
US Energy Services
-3.9%
US Market
1 Year Returns
-
OTCPK:TMKX.Y
-43.6%
US Energy Services
1.4%
US Market
TMKX.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PAO TMK (TMKX.Y) 0% 6.7% - - 22.1% -56.1%
US Energy Services -7.1% -15.9% -12.1% -43.6% -45.9% -69.9%
US Market -3.9% -3.6% 1.8% 1.4% 35.8% 40.8%
1 Year Return vs Industry and Market
  • No trading data on TMKX.Y.
  • No trading data on TMKX.Y.
Price Volatility
TMKX.Y
Industry
5yr Volatility vs Market

TMKX.Y Value

 Is PAO TMK undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of PAO TMK to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for PAO TMK.

OTCPK:TMKX.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 21.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:TMKX.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 9.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 1.01
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.008 (1 + (1- 20%) (329.34%))
2.786
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 9.43%)
21.59%

Discounted Cash Flow Calculation for OTCPK:TMKX.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for PAO TMK is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:TMKX.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 21.59%)
2019 121.00 Analyst x1 99.51
2020 209.00 Analyst x1 141.37
2021 141.00 Analyst x1 78.44
2022 168.00 Analyst x1 76.86
2023 174.76 Est @ 4.02% 65.76
2024 181.11 Est @ 3.64% 56.05
2025 187.21 Est @ 3.36% 47.65
2026 193.15 Est @ 3.17% 40.43
2027 199.02 Est @ 3.04% 34.26
2028 204.89 Est @ 2.95% 29.01
Present value of next 10 years cash flows $669.34
OTCPK:TMKX.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $204.89 × (1 + 2.73%) ÷ (21.59% – 2.73%)
$1,116.02
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,116.02 ÷ (1 + 21.59%)10
$158.01
OTCPK:TMKX.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $669.34 + $158.01
$827.35
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $827.35 / 258.14
$3.21
OTCPK:TMKX.Y Discount to Share Price
Calculation Result
Value per share (USD) From above. $3.25
Current discount Discount to share price of $3.65
= -1 x ($3.65 - $3.25) / $3.25
-12.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of PAO TMK is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for PAO TMK's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PAO TMK's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:TMKX.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.01
LSE:TMKS Share Price ** LSE (2019-04-26) in USD $3.6
United States of America Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 21.01x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of PAO TMK.

OTCPK:TMKX.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:TMKS Share Price ÷ EPS (both in USD)

= 3.6 ÷ 0.01

385.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PAO TMK is overvalued based on earnings compared to the US Energy Services industry average.
  • PAO TMK is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does PAO TMK's expected growth come at a high price?
Raw Data
OTCPK:TMKX.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 385.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
30.4%per year
United States of America Energy Services Industry PEG Ratio Median Figure of 27 Publicly-Listed Energy Services Companies 0.5x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

OTCPK:TMKX.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 385.44x ÷ 30.4%

12.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PAO TMK is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on PAO TMK's assets?
Raw Data
OTCPK:TMKX.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $2.99
LSE:TMKS Share Price * LSE (2019-04-26) in USD $3.6
United States of America Energy Services Industry PB Ratio Median Figure of 88 Publicly-Listed Energy Services Companies 0.9x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
OTCPK:TMKX.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:TMKS Share Price ÷ Book Value per Share (both in USD)

= 3.6 ÷ 2.99

1.2x

* Primary Listing of PAO TMK.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PAO TMK is overvalued based on assets compared to the US Energy Services industry average.
X
Value checks
We assess PAO TMK's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. PAO TMK has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TMKX.Y Future Performance

 How is PAO TMK expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
30.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PAO TMK expected to grow at an attractive rate?
  • PAO TMK's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • PAO TMK's earnings growth is expected to exceed the United States of America market average.
  • PAO TMK's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:TMKX.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:TMKX.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 30.4%
OTCPK:TMKX.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts -7.4%
United States of America Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 41%
United States of America Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 8.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:TMKX.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:TMKX.Y Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 3,764 1
2022-12-31 3,864 476 165 2
2021-12-31 3,848 536 142 3
2020-12-31 3,756 591 108 4
2019-12-31 4,582 479 106 4
OTCPK:TMKX.Y Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 5,099 510 2
2018-09-30 5,038 396 9
2018-06-30 4,972 314 40
2018-03-31 4,723 323 1
2017-12-31 4,394 312 36
2017-09-30 4,092 337 132
2017-06-30 3,774 325 119
2017-03-31 3,521 518 195
2016-12-31 3,338 476 167
2016-09-30 3,350 366 -285
2016-06-30 3,444 552 -370
2016-03-31 3,754 634 -378

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • PAO TMK's earnings are expected to grow significantly at over 20% yearly.
  • PAO TMK's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:TMKX.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from PAO TMK Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TMKX.Y Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.64 0.67 0.60 2.00
2021-12-31 0.55 0.59 0.50 2.00
2020-12-31 0.41 0.42 0.40 2.00
2019-12-31 0.42 0.44 0.40 2.00
OTCPK:TMKX.Y Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.01
2018-09-30 0.03
2018-06-30 0.18
2018-03-31 0.00
2017-12-31 0.14
2017-09-30 0.55
2017-06-30 0.43
2017-03-31 0.72
2016-12-31 0.66
2016-09-30 -1.12
2016-06-30 -1.49
2016-03-31 -1.76

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • PAO TMK is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess PAO TMK's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
PAO TMK has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TMKX.Y Past Performance

  How has PAO TMK performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare PAO TMK's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • PAO TMK's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • PAO TMK's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • PAO TMK's 1-year earnings growth is negative, it can't be compared to the US Energy Services industry average.
Earnings and Revenue History
PAO TMK's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from PAO TMK Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TMKX.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 5,098.78 2.41 485.88 7.26
2018-09-30 5,037.67 8.83 495.36 8.47
2018-06-30 4,971.50 40.21 508.26 9.54
2018-03-31 4,723.50 1.21 514.42 10.96
2017-12-31 4,393.65 35.55 497.18 11.47
2017-09-30 4,092.47 131.53 486.36 11.01
2017-06-30 3,774.49 119.38 463.64 10.70
2017-03-31 3,520.51 194.81 427.75 10.34
2016-12-31 3,337.99 166.63 419.19 10.69
2016-09-30 3,349.90 -285.30 409.44 11.34
2016-06-30 3,444.18 -370.35 418.71 11.42
2016-03-31 3,753.94 -377.89 457.23 12.46
2015-12-31 4,126.66 -363.19 471.92 13.26
2015-09-30 4,713.34 -247.23 521.26 13.87
2015-06-30 5,323.05 -181.96 557.25 15.12
2015-03-31 5,676.92 -169.81 590.95 15.51
2014-12-31 6,008.95 -215.56 639.39 15.21
2014-09-30 6,080.15 91.86 673.71 15.06
2014-06-30 6,040.51 135.37 686.72 14.44
2014-03-31 6,173.29 115.06 699.15 13.79
2013-12-31 6,431.90 213.93 705.27 12.73
2013-09-30 6,492.04 185.47 694.71 13.72
2013-06-30 6,622.21 217.77 714.57 13.05
2013-03-31 6,753.86 252.05 716.17 14.73
2012-12-31 6,687.74 272.59 732.71 16.59
2012-09-30 6,658.44 350.42 738.22 18.07
2012-06-30 6,645.58 303.65 725.36 20.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if PAO TMK has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • PAO TMK used its assets less efficiently than the US Energy Services industry average last year based on Return on Assets.
  • PAO TMK has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess PAO TMK's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
PAO TMK has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TMKX.Y Health

 How is PAO TMK's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up PAO TMK's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • PAO TMK is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • PAO TMK's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of PAO TMK's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from PAO TMK Company Filings, last reported 4 months ago.

OTCPK:TMKX.Y Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 817.60 3,056.32 392.24
2018-09-30 860.97 3,161.06 228.60
2018-06-30 867.71 3,197.70 232.27
2018-03-31 952.60 3,351.53 364.76
2017-12-31 933.24 3,449.79 491.62
2017-09-30 947.76 3,377.69 391.29
2017-06-30 911.06 3,110.37 405.27
2017-03-31 974.86 3,238.51 459.45
2016-12-31 898.75 2,917.83 319.01
2016-09-30 816.44 2,888.90 242.97
2016-06-30 841.85 2,829.07 313.15
2016-03-31 775.60 2,837.88 213.38
2015-12-31 714.64 2,801.19 305.38
2015-09-30 1,086.66 2,833.10 165.63
2015-06-30 1,312.31 3,049.49 143.99
2015-03-31 1,239.09 3,090.34 87.20
2014-12-31 1,270.86 3,224.97 253.49
2014-09-30 1,844.59 3,553.20 37.20
2014-06-30 2,118.99 3,759.37 122.40
2014-03-31 1,979.67 3,600.63 68.11
2013-12-31 2,129.62 3,702.64 93.45
2013-09-30 2,122.84 3,780.72 77.70
2013-06-30 2,058.50 3,772.78 137.42
2013-03-31 2,118.12 3,853.76 122.01
2012-12-31 2,083.63 3,894.25 229.07
2012-09-30 2,044.52 3,823.01 130.62
2012-06-30 1,877.81 3,713.49 141.43
  • PAO TMK's level of debt (373.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (173.9% vs 373.8% today).
  • Debt is not well covered by operating cash flow (16.7%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess PAO TMK's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. PAO TMK has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TMKX.Y Dividends

 What is PAO TMK's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.6%
Current annual income from PAO TMK dividends. Estimated to be 5.01% next year.
If you bought $2,000 of PAO TMK shares you are expected to receive $72 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • PAO TMK's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • PAO TMK's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:TMKX.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:TMKX.Y Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.13 1.00
2022-12-31 0.13 1.00
2021-12-31 0.20 3.00
2020-12-31 0.18 3.00
2019-12-31 0.20 3.00
OTCPK:TMKX.Y Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-04-30 0.130 3.666
2017-04-28 0.245 5.071
2017-03-13 0.264 5.237
2016-08-26 0.234 5.581
2016-03-11 0.160 5.532
2015-11-23 0.160 5.497
2015-10-12 0.145 4.187
2015-08-24 0.160 4.993
2015-06-23 0.000 0.000
2014-05-23 0.103 3.079
2013-09-19 0.205 2.141
2013-05-30 0.320 2.622
2013-03-07 0.320 2.513
2013-03-06 0.320 2.211
2012-11-06 0.529 3.672
2012-06-01 0.480 3.426
2012-05-18 0.431 3.862
2012-03-19 0.480 3.710
2012-03-16 0.480 3.562
2011-11-30 0.240 2.072
2011-09-26 0.227 2.190
2011-06-06 0.120 0.789
2011-03-31 0.120 0.620
2010-09-10 0.000 0.000
2010-01-15 0.000 0.000
2009-09-01 0.000 0.000
2009-06-30 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PAO TMK has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but PAO TMK only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of PAO TMK's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3x coverage).
X
Income/ dividend checks
We assess PAO TMK's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can PAO TMK afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PAO TMK has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TMKX.Y Management

 What is the CEO of PAO TMK's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alexandr Shiryaev
AGE 66
CEO Bio

Mr. Alexandr Georgievich Shiryaev serves in the board of PAO TMK since 2005 and also holds the position of President, CEO and Chairman of Management Board. His experience includes Chairman of the Management Board of PAO TMK, a member of the Board of Directors at TMK’s Russian pipe plants, member of the Board of Directors of Sinara Group and Trade House TMK, CEO of VIZAVI; formerly, Chairman of the Board of Directors of Orsky Machine Building Plant, Deputy CEO for Development and CEO at Sinara Group, Deputy CEO for Economy and Finance of OAO TMK, CEO of Uralshina. He graduated from Sverdlovsk Institute of National Economy in 1991. Mr. Shiryaev was awarded by the Sverdlovsk Region with a second and third class Badge of Merit and the Honored Metallurgist title.

CEO Compensation
  • Insufficient data for Alexandr to compare compensation growth.
  • Insufficient data for Alexandr to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the PAO TMK management team in years:

11.8
Average Tenure
54
Average Age
  • The average tenure for the PAO TMK management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Alexandr Shiryaev

TITLE
Chairman of the Management Board
AGE
66

Tigran Petrosyan

TITLE
Deputy CEO for Economy & Finance and Member of Management Board
AGE
50
TENURE
12.1 yrs

Andrey Kaplunov

TITLE
First Deputy CEO
AGE
58

Vladimir Shmatovich

TITLE
Vice President for Strategy & Business Development & Member of Management Board
AGE
54
TENURE
11.8 yrs

Vladimir Oborsky

TITLE
First Deputy CEO
AGE
57
TENURE
11.8 yrs

Vyacheslav Popkov

TITLE
Senior VP of Manufacturing & Member of Management Board
TENURE
2 yrs

Andrei Zimin

TITLE
Chief Legal Counsel & Member of Management Board
AGE
38

Elena Verbinskaya

TITLE
Chief Accounting Officer
AGE
39
TENURE
9.3 yrs

Marina Badudina

TITLE
Head of Strategic Investment Analysis and Investor Relations

Sergey Alekseev

TITLE
Marketing Director
Board of Directors Tenure

Average tenure and age of the PAO TMK board of directors in years:

9.1
Average Tenure
60.5
Average Age
  • The tenure for the PAO TMK board of directors is about average.
Board of Directors

Dmitry Pumpyanskiy

TITLE
Chairman
AGE
54
TENURE
14.3 yrs

Alexandr Shiryaev

TITLE
Chairman of the Management Board
AGE
66
TENURE
14.3 yrs

Andrey Kaplunov

TITLE
First Deputy CEO
AGE
58
TENURE
14.3 yrs

Sergey Papin

TITLE
Non-Executive Director
AGE
63
TENURE
14.3 yrs

Alexander Shokhin

TITLE
Independent Director
AGE
67
TENURE
10.8 yrs

Peter O'Brien

TITLE
Independent Director
AGE
49
TENURE
7.3 yrs

Sergey Kravchenko

TITLE
Independent Director
TENURE
2.9 yrs

Yaroslav Kuzminov

TITLE
Independent Director
TENURE
0.9 yrs

Bob Foresman

TITLE
Independent Director
AGE
50
TENURE
7.3 yrs

Anatoly Chubais

TITLE
Non-Executive Director
AGE
63
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess PAO TMK's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. PAO TMK has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TMKX.Y News

Simply Wall St News

TMKX.Y Company Info

Description

PAO TMK manufactures, sells, and exports steel pipes for the oil and gas industry. The company operates in three segments: Russia, Americas, and Europe. It offers seamless and welded threaded drill pipes, and casing and tubing that are used in drilling, equipping, and operating oil and gas wells; and oil and gas line pipes for intra-field to transport crude oil and natural gas from the field to oil refineries and storage facilities, as well as to shipment points and distribution nodes. The company also provides seamless industrial pipes for chemical, petrochemical, food, and nuclear industries, as well as for the production of steam boilers, bearings, and various machine parts and components; welded industrial pipes for engineering, construction, housing, and utilities sector; welded large diameter pipe for the construction of oil and gas trunk pipelines, oil field pipelines, general purpose pipelines, and pipelines for heat supply networks and nuclear power stations; and pipes with premium connections for oil and gas wells, including offshore, deep-sea, and the Far North locations, as well as for horizontal and directional wells. In addition, it offers oilfield services; and services in heat treating, protective coating, premium connections threading, warehousing, and pipe repairing. Further, it supplies scrap to steel plants, which includes collection, processing, and distribution of ferrous scrap and procurement services. The company also serves energy and machine-building, construction and municipal housing, shipbuilding, aviation and aerospace, and agriculture industries. PAO TMK was founded in 2001 and is based in Moscow, Russia. PAO TMK is a subsidiary of TMK Steel Limited.

Details
Name: PAO TMK
TMKX.Y
Exchange: OTCPK
Founded: 2001
$928,009,302
258,138,888
Website: http://www.tmk-group.com
Address: PAO TMK
Building 2A,
40/2a Pokrovka Street,
Moscow,
105062,
Russia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE TMKS GDR EACH REPR ORD SHS'REGS' London Stock Exchange GB USD 31. Oct 2006
OTCPK TMKO.Y GDR EACH REPR ORD SHS'REGS' Pink Sheets LLC US USD 31. Oct 2006
DB N9E1 GDR EACH REPR ORD SHS'REGS' Deutsche Boerse AG DE EUR 31. Oct 2006
OTCPK TMKX.Y SPONSORED ADR Pink Sheets LLC US USD 08. Jan 2010
MISX TRMK Ordinary Shares Micex - Rts RU RUB 01. Nov 2006
Number of employees
Current staff
Staff numbers
0
PAO TMK employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/16 02:13
End of day share price update: 2019/04/26 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.