Financials Gazprom Neft

Equities

SIBN

RU0009062467

Integrated Oil & Gas

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
390.3 RUB +0.61% Intraday chart for Gazprom Neft -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,635,731 1,982,268 1,495,370 2,570,366 1,841,435 1,841,435
Enterprise Value (EV) 1 2,188,235 2,562,981 2,136,910 2,823,276 2,027,703 2,146,742
P/E ratio 4.34 x 4.95 x 12.7 x 5.11 x 2.45 x 2.87 x
Yield 8.65% 9.03% 4.73% 10.3% - -
Capitalization / Revenue 0.69 x 0.82 x 0.84 x 0.84 x 0.54 x 0.52 x
EV / Revenue 0.93 x 1.06 x 1.19 x 0.92 x 0.59 x 0.61 x
EV / EBITDA 3.49 x 4.17 x 6.09 x 3.66 x 1.72 x 1.98 x
EV / FCF 18.9 x -18.3 x 15.6 x 6.58 x 2.24 x 2.41 x
FCF Yield 5.29% -5.47% 6.43% 15.2% 44.6% 41.5%
Price to Book 0.89 x 0.96 x 0.72 x 1.09 x 0.67 x 0.62 x
Nbr of stocks (in thousands) 4,718,000 4,718,000 4,718,000 4,718,000 4,718,000 4,718,000
Reference price 2 346.7 420.2 317.0 544.8 390.3 390.3
Announcement Date 2/21/19 2/25/20 2/18/21 2/17/22 3/14/24 3/14/24
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,362,513 2,415,183 1,789,271 3,068,442 3,412,129 3,519,959
EBITDA 1 626,965 614,304 350,804 770,771 1,180,745 1,085,624
EBIT 1 452,933 442,485 139,237 554,818 870,352 721,049
Operating Margin 19.17% 18.32% 7.78% 18.08% 25.51% 20.48%
Earnings before Tax (EBT) 1 480,122 507,834 143,470 632,967 894,348 767,627
Net income 1 376,667 400,201 117,699 503,445 751,473 641,110
Net margin 15.94% 16.57% 6.58% 16.41% 22.02% 18.21%
EPS 2 79.84 84.82 24.95 106.7 159.3 135.9
Free Cash Flow 1 115,651 -140,288 137,421 429,297 905,238 891,543
FCF margin 4.9% -5.81% 7.68% 13.99% 26.53% 25.33%
FCF Conversion (EBITDA) 18.45% - 39.17% 55.7% 76.67% 82.12%
FCF Conversion (Net income) 30.7% - 116.76% 85.27% 120.46% 139.06%
Dividend per Share 2 30.00 37.96 15.00 56.00 - -
Announcement Date 2/21/19 2/25/20 2/18/21 2/17/22 3/14/24 3/14/24
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 552,504 580,713 641,540 252,910 186,268 305,307
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.8812 x 0.9453 x 1.829 x 0.3281 x 0.1578 x 0.2812 x
Free Cash Flow 1 115,651 -140,288 137,421 429,297 905,238 891,543
ROE (net income / shareholders' equity) 22% 20.1% 5.39% 21.6% 27.9% 22.3%
ROA (Net income/ Total Assets) 8.78% 7.53% 2.15% 7.52% 10.8% 8.06%
Assets 1 4,291,768 5,315,531 5,467,506 6,692,789 6,968,989 7,954,218
Book Value Per Share 2 390.0 436.0 442.0 498.0 580.0 635.0
Cash Flow per Share 2 52.50 42.90 50.20 122.0 95.80 126.0
Capex 1 370,067 453,011 413,526 441,833 - -
Capex / Sales 15.66% 18.76% 23.11% 14.4% - -
Announcement Date 2/21/19 2/25/20 2/18/21 2/17/22 3/14/24 3/14/24
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. SIBN Stock
  4. Financials Gazprom Neft