Financials RussNeft

Equities

RNFT

RU000A0JSE60

Oil & Gas Exploration and Production

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
88.8 RUB +0.45% Intraday chart for RussNeft -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 155,531 161,825 68,530 45,118 26,118 26,118
Enterprise Value (EV) 1 251,457 239,185 158,924 125,172 102,373 99,153
P/E ratio 12.7 x 6.64 x -3.18 x 1.61 x 1.65 x 2.66 x
Yield - - - - - -
Capitalization / Revenue 0.87 x 0.86 x 0.51 x 0.17 x 0.09 x 0.11 x
EV / Revenue 1.41 x 1.28 x 1.19 x 0.46 x 0.35 x 0.42 x
EV / EBITDA 5.92 x 4.8 x 5.64 x 1.78 x 1.85 x 1.51 x
EV / FCF 78.8 x 18.8 x 7.11 x 4.32 x 255 x 3.55 x
FCF Yield 1.27% 5.32% 14.1% 23.2% 0.39% 28.1%
Price to Book 2.62 x 1.94 x 1.19 x 0.53 x 0.25 x 0.23 x
Nbr of stocks (in thousands) 294,120 294,120 294,120 294,120 294,120 294,120
Reference price 2 528.8 550.2 233.0 153.4 88.80 88.80
Announcement Date 3/25/19 5/27/20 3/27/21 3/28/22 3/26/24 3/26/24
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 177,791 187,118 133,196 269,371 290,862 238,725
EBITDA 1 42,474 49,845 28,185 70,177 55,243 65,861
EBIT 1 28,705 35,713 10,837 56,403 37,382 44,113
Operating Margin 16.15% 19.09% 8.14% 20.94% 12.85% 18.48%
Earnings before Tax (EBT) 1 21,412 29,221 -20,298 47,228 26,685 18,364
Net income 1 14,993 24,364 -16,955 32,375 20,446 20,441
Net margin 8.43% 13.02% -12.73% 12.02% 7.03% 8.56%
EPS 2 41.54 82.87 -73.25 95.39 53.92 33.38
Free Cash Flow 1 3,190 12,717 22,360 28,999 402.2 27,906
FCF margin 1.79% 6.8% 16.79% 10.77% 0.14% 11.69%
FCF Conversion (EBITDA) 7.51% 25.51% 79.33% 41.32% 0.73% 42.37%
FCF Conversion (Net income) 21.27% 52.2% - 89.57% 1.97% 136.52%
Dividend per Share - - - - - -
Announcement Date 3/25/19 5/27/20 3/27/21 3/28/22 3/26/24 3/26/24
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 95,926 77,360 90,394 80,054 76,255 73,035
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.258 x 1.552 x 3.207 x 1.141 x 1.38 x 1.109 x
Free Cash Flow 1 3,190 12,717 22,360 28,999 402 27,906
ROE (net income / shareholders' equity) 20.4% 28.3% -33.9% 51.9% 23.5% 6.2%
ROA (Net income/ Total Assets) 7.51% 8.37% 2.44% 12.5% 8.21% 9.14%
Assets 1 199,771 291,070 -695,362 258,190 249,141 223,590
Book Value Per Share 2 202.0 283.0 196.0 290.0 349.0 384.0
Cash Flow per Share 2 9.850 9.960 14.40 30.60 7.210 32.90
Capex 1 24,639 23,209 15,667 19,266 23,773 19,287
Capex / Sales 13.86% 12.4% 11.76% 7.15% 8.17% 8.08%
Announcement Date 3/25/19 5/27/20 3/27/21 3/28/22 3/26/24 3/26/24
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA