Financials Surgutneftegas

Equities

SNGS

RU0008926258

Integrated Oil & Gas

End-of-day quote Moscow Micex - RTS 06:00:00 2022-07-07 pm EDT 5-day change 1st Jan Change
26 RUB -0.54% Intraday chart for Surgutneftegas -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 960,297 1,803,058 1,290,756 1,421,154 928,680 928,697
Enterprise Value (EV) 1 -141,250 586,382 -124,403 10,269 -1,340,206 -682,820
P/E ratio 1.21 x 18.3 x 1.87 x - 16.5 x 0.75 x
Yield 2.42% 1.29% 1.94% - 3.08% -
Capitalization / Revenue 0.62 x 1.15 x 1.22 x 0.75 x 0.4 x 0.42 x
EV / Revenue -0.09 x 0.37 x -0.12 x 0.01 x -0.57 x -0.31 x
EV / EBITDA -0.29 x 1.26 x -0.5 x 0.02 x -1.94 x -1.17 x
EV / FCF -0.74 x 3.27 x 0.83 x 0.07 x -3.08 x -1.56 x
FCF Yield -135% 30.6% 120% 1,466% -32.4% -64.1%
Price to Book 0.22 x 0.41 x 0.25 x - 0.15 x 0.12 x
Nbr of stocks (in thousands) 35,725,345 35,725,345 35,725,326 35,725,345 35,725,345 35,725,995
Reference price 2 26.88 50.47 36.13 39.78 26.00 26.00
Announcement Date 4/29/19 5/1/20 4/1/21 6/9/23 6/9/23 3/29/24
1RUB in Million2RUB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,537,338 1,569,798 1,061,008 1,888,308 2,333,088 2,218,771
EBITDA 1 483,384 463,995 250,125 531,888 691,483 583,655
EBIT 1 387,942 372,750 159,481 394,996 523,963 373,402
Operating Margin 25.23% 23.75% 15.03% 20.92% 22.46% 16.83%
Earnings before Tax (EBT) 1 1,038,895 132,935 889,309 613,993 100,890 1,604,024
Net income 1 850,350 106,162 742,871 513,220 60,730 1,334,123
Net margin 55.31% 6.76% 70.02% 27.18% 2.6% 60.13%
EPS 2 22.16 2.762 19.35 - 1.580 34.69
Free Cash Flow 1 190,199 179,312 -149,751 150,517 434,521 437,889
FCF margin 12.37% 11.42% -14.11% 7.97% 18.62% 19.74%
FCF Conversion (EBITDA) 39.35% 38.65% - 28.3% 62.84% 75.03%
FCF Conversion (Net income) 22.37% 168.9% - 29.33% 715.5% 32.82%
Dividend per Share 2 0.6500 0.6500 0.7000 - 0.8000 -
Announcement Date 4/29/19 5/1/20 4/1/21 6/9/23 6/9/23 3/29/24
1RUB in Million2RUB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,101,547 1,216,676 1,415,159 1,410,885 2,268,887 1,611,518
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 190,199 179,312 -149,751 150,517 434,521 437,889
ROE (net income / shareholders' equity) 21.2% 2.39% 15.5% 9.69% 1.05% 19.6%
ROA (Net income/ Total Assets) 5.17% 4.48% 1.79% 4.21% 5.23% 3.12%
Assets 1 16,440,780 2,370,481 41,526,692 12,179,228 1,160,733 42,826,234
Book Value Per Share 2 123.0 124.0 144.0 - 172.0 209.0
Cash Flow per Share 2 7.290 11.10 5.010 - 2.900 3.280
Capex 1 151,291 159,215 171,292 54,422 63,501 72,659
Capex / Sales 9.84% 10.14% 16.14% 2.88% 2.72% 3.27%
Announcement Date 4/29/19 5/1/20 4/1/21 6/9/23 6/9/23 3/29/24
1RUB in Million2RUB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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