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Gazprom Neft' PAO
MOEX:SIBN

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Gazprom Neft' PAO
MOEX:SIBN
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Price: 529.25 RUB 1.18% Market Closed
Market Cap: ₽2.5T

P/OCF

2.9
Current
48%
Cheaper
vs 3-y average of 5.6

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
2.9
=
Market Cap
₽2.5T
/
Operating Cash Flow
₽858.7B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
2.9
=
Market Cap
₽2.5T
/
Operating Cash Flow
₽858.7B

Valuation Scenarios

Gazprom Neft' PAO is trading below its 3-year average

If P/OCF returns to its 3-Year Average (5.6), the stock would be worth ₽1 022.47 (93% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-43%
Maximum Upside
+93%
Average Upside
15%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 2.9 ₽529.25
0%
3-Year Average 5.6 ₽1 022.47
+93%
5-Year Average 2.7 ₽497.37
-6%
Industry Average 1.6 ₽300.15
-43%
Country Average 3.4 ₽624.63
+18%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
RU
Gazprom Neft' PAO
MOEX:SIBN
2.5T RUB 2.9 3.6
SA
Saudi Arabian Oil Co
SAU:2222
6.7T SAR 13.1 19.3
US
Exxon Mobil Corp
NYSE:XOM
622.3B USD 12 21.6
US
Chevron Corp
NYSE:CVX
369.4B USD 10.9 30
CN
PetroChina Co Ltd
SSE:601857
2.2T CNY 5.3 13.9
NL
Royal Dutch Shell PLC
OTC:RYDAF
281.7B USD 6.6 15.8
UK
Shell PLC
LSE:SHEL
189.1B GBP 5.8 14
FR
TotalEnergies SE
PAR:TTE
165B EUR 7.1 15
BR
Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
615.7B BRL 3 5.5
UK
BP PLC
LSE:BP
89.4B GBP 4.8 2 191.4
CN
China Petroleum & Chemical Corp
SSE:600028
651.8B CNY 4 20.5

Market Distribution

In line with most companies in Russia
Percentile
47th
Based on 175 companies
47th percentile
2.9
Low
0.1 — 1.6
Typical Range
1.6 — 5.7
High
5.7 —
Distribution Statistics
Russia
Min 0.1
30th Percentile 1.6
Median 3.4
70th Percentile 5.7
Max 34 853.2

Gazprom Neft' PAO
Glance View

Market Cap
2.5T RUB
Industry
Energy

Gazprom Neft' PAO, a behemoth in the realm of energy, operates at the intersection of vast hydrocarbon reserves and sophisticated technological prowess. As the oil arm of Gazprom, Russia’s colossal state-owned gas company, Gazprom Neft capitalizes on its integration across the entire oil value chain. With operations spanning exploration to refining and retail distribution, the company has mastered the art of transforming crude oil from its raw potential beneath the earth into fuel ready for the bustling highways. By leveraging its expansive network of refineries, Gazprom Neft ensures high conversion rates and diversified output, producing not just traditional fuels like gasoline and diesel, but also a suite of petrochemicals vital for modern industries. The company’s earning engine is further fueled by its strategic geographical positioning and significant assets, including extensive reserves in Russia and fields across the Middle East. Acting as more than just a downstream player, it integrates upstream exploration with downstream sales, allowing revenue streams to arise at each juncture of the process. Gazprom Neft's business model is bolstered by its retail distribution network, comprising a chain of service stations that ensure direct market access and consumer interaction. Such a robust vertical integration allows Gazprom Neft to capture value at every step, minimizing dependency on third-party providers and shielding the company from the volatility of the global energy markets, thus anchoring its prominent position in the oil sector.

SIBN Intrinsic Value
954.36 RUB
Undervaluation 45%
Intrinsic Value
Price ₽529.25
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