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NOVATEK PJSCMIC:NVTK -1.31%85 EV-to-EBITDA is 10.48 as of Sep. 16, 2026, which is 7% above its 10-year median of 9.75. GuruFocus rates MIC:NVTK with a GF Score™ of 85/100 and a GF Value™ of ₽1,132.60 (Fairly Valued). The stock has 2 warning signs investors should review. Among 775 Oil & Gas companies, NOVATEK PJSC ranks worse than 68.39% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NOVATEK PJSC's enterprise value is ₽3,108,655 Mil.
NOVATEK PJSC's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₽296,634 Mil. Therefore, NOVATEK PJSC's EV-to-EBITDA for today is 10.48.
The historical rank and industry rank for NOVATEK PJSC's EV-to-EBITDA or its related term are showing as below:
MIC:NVTK'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.31 Med: 9.75 Max: 33.74
Current: 10.48
During the past 13 years, the highest EV-to-EBITDA of NOVATEK PJSC was 33.74. The lowest was 2.31. And the median was 9.75.
MIC:NVTK's EV-to-EBITDA is ranked worse than 68.39% of 775
companies
in the Oil & Gas industry
Industry Median: 7.47
vs MIC:NVTK: 10.48
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
NOVATEK PJSC's PE Ratio (TTM) for today is calculated as:
NOVATEK PJSC's share price for today is ₽1052.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NOVATEK PJSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₽58.751.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for NOVATEK PJSC's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MIC:NVTK vs COP, EOG, OXY: EV-to-EBITDA Comparison
For the Oil & Gas E&P subindustry, NOVATEK PJSC's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NOVATEK PJSC EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NOVATEK PJSC's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where NOVATEK PJSC's EV-to-EBITDA falls into.
NOVATEK PJSC's current Enterprise Value is ₽3,108,655 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NOVATEK PJSC's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₽296,634 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NOVATEK PJSC (MIC:NVTK) has a EV-to-EBITDA of 10.48 as of Sep. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NOVATEK PJSC. This is near median its historical median of 9.75. Over the past decade, NOVATEK PJSC's EV-to-EBITDA has ranged from 2.31 to 33.74. According to the industry distribution chart, NOVATEK PJSC ranks #530 out of 775 companies in the Oil & Gas industry, placing it in the top 68.4%.
Is NOVATEK PJSC's EV-to-EBITDA too high?
NOVATEK PJSC's current EV-to-EBITDA of 10.48 is near median its 10-year median of 9.75. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 33.74. The Oil & Gas industry median EV-to-EBITDA is 7.47. NOVATEK PJSC's value of 10.48 is 40.3% above this industry median. Based on the distribution chart, NOVATEK PJSC ranks #530 out of 775 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NOVATEK PJSC has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NOVATEK PJSC's EV-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NOVATEK PJSC ranks #530 out of 775 companies for EV-to-EBITDA. This places NOVATEK PJSC in the lower half of its industry. The industry median EV-to-EBITDA is 7.47. NOVATEK PJSC's value of 10.48 is 40.3% above this benchmark. Historically, NOVATEK PJSC's own EV-to-EBITDA has ranged from 2.31 to 33.74 over the past decade. While the company's 10-year median is 9.75 vs. the industry median of 7.47, NOVATEK PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.47, based on 775 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NOVATEK PJSC's current EV-to-EBITDA of 10.48 is 40.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NOVATEK PJSC. For the Oil & Gas industry, the median EV-to-EBITDA is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOVATEK PJSC's current EV-to-EBITDA is 10.48, which is near median its own 10-year median of 9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOVATEK PJSC stock overvalued right now?
Based on GuruFocus' analysis, NOVATEK PJSC (MIC:NVTK) is currently considered Fairly Valued. The stock's GF Value™ is ₽1,132.60, compared to a current price of ₽1,052.00 — trading 7.1% below its estimated fair value. The current EV-to-EBITDA is 10.48, which is near median its 10-year median of 9.75 and 40.3% above the Oil & Gas industry median of 7.47. NOVATEK PJSC's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For NOVATEK PJSC (MIC:NVTK), the current EV-to-EBITDA is 10.48 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NOVATEK PJSC (MIC:NVTK) Overvalued in 2026?
Based on GuruFocus' analysis, NOVATEK PJSC stock appears to be undervalued.
The current stock price of ₽1,052.00 is trading 7.1% below its estimated GF Value™ of ₽1,132.60.
GuruFocus considers NOVATEK PJSC to be Fairly Valued.
Key valuation signals for MIC:NVTK:
EV-to-EBITDA: 10.48 (near median its 10-year median of 9.75)
GF Value™: ₽1,132.60 vs. price of ₽1,052.00 (7.1% below fair value)
Industry Position: 40.3% above the Oil & Gas median (#530 of 775)
No single metric tells the full story. See the MIC:NVTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.
85GF Score
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