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NOVATEK PJSCMIC:NVTK -1.01%70 FCF Margin % is 20.60% as of Jun. 2026, which is 5% below its 10-year median of 21.62. GuruFocus rates MIC:NVTK with a GF Score™ of 70/100 and a GF Value™ of ₽1,123.48 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 909 Oil & Gas companies, NOVATEK PJSC ranks better than 91.97% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. NOVATEK PJSC's Free Cash Flow for the
six
months ended in Jun. 2026 was ₽172,249 Mil. NOVATEK PJSC's Revenue for the
six
months ended in Jun. 2026 was ₽836,336 Mil. Therefore, NOVATEK PJSC's FCF Margin % for the quarter that ended in Jun. 2026 was 20.60%.
The historical rank and industry rank for NOVATEK PJSC's FCF Margin % or its related term are showing as below:
MIC:NVTK'
s FCF Margin % Range Over the Past 10 Years
Min: -1.54 Med: 21.62 Max: 34.82
Current: 32.48
During the past 13 years, the highest FCF Margin % of NOVATEK PJSC was 34.82%. The lowest was -1.54%. And the median was 21.62%.
MIC:NVTK's FCF Margin % is ranked better than 91.97% of 909
companies
in the Oil & Gas industry
Industry Median: 3.41
vs MIC:NVTK: 32.48
NOVATEK PJSC FCF Margin % Related Terms
NOVATEK PJSC FCF Margin % Historical Data
* Premium members only.
The historical data trend for NOVATEK PJSC's FCF Margin % 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, FANG: FCF Margin % Comparison
For the Oil & Gas E&P subindustry, NOVATEK PJSC's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NOVATEK PJSC's FCF Margin % distribution charts can be found below:
* The bar in red indicates where NOVATEK PJSC's FCF Margin % falls into.
* 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 FCF Margin % of 20.60% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NOVATEK PJSC and its competitors. This is near median its historical median of 21.62. According to the industry distribution chart, NOVATEK PJSC ranks #73 out of 909 companies in the Oil & Gas industry, placing it in the top 8%.
Is NOVATEK PJSC's FCF Margin % too high?
NOVATEK PJSC's current FCF Margin % of 20.60% is near median its 10-year median of 21.62. The Oil & Gas industry median FCF Margin % is 3.41. NOVATEK PJSC's value of 20.60% is 504.1% above this industry median. Based on the distribution chart, NOVATEK PJSC ranks #73 out of 909 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NOVATEK PJSC has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NOVATEK PJSC's FCF Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NOVATEK PJSC ranks #73 out of 909 companies for FCF Margin %. This places NOVATEK PJSC in the top 8% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.41. NOVATEK PJSC's value of 20.60% is 504.1% above this benchmark. While the company's 10-year median is 21.62 vs. the industry median of 3.41, 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 FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.41, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NOVATEK PJSC's current FCF Margin % of 20.60% is 504.1% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NOVATEK PJSC and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOVATEK PJSC's current FCF Margin % is 20.60%, which is near median its own 10-year median of 21.62. 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 Modestly Undervalued. The stock's GF Value™ is ₽1,123.48, compared to a current price of ₽990.00 — trading 11.9% below its estimated fair value. The current FCF Margin % is 20.60%, which is near median its 10-year median of 21.62 and 504.1% above the Oil & Gas industry median of 3.41. NOVATEK PJSC's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For NOVATEK PJSC (MIC:NVTK), the current FCF Margin % is 20.60% as of Jun. 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 ₽990.00 is trading 11.9% below its estimated GF Value™ of ₽1,123.48.
GuruFocus considers NOVATEK PJSC to be Modestly Undervalued.
Key valuation signals for MIC:NVTK:
FCF Margin %: 20.60% (near median its 10-year median of 21.62)
GF Value™: ₽1,123.48 vs. price of ₽990.00 (11.9% below fair value)
Industry Position: 504.1% above the Oil & Gas median (#73 of 909)
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.
70GF Score
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