NOVATEK PJSC (MIC:NVTK) Moat Score: 0/10 (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:NVTK NOVATEK PJSC MIC:NVTK
70 GF Score
Price ₽990.00
GF Value ₽1,123.48
Valuation Modestly Undervalued
! 2 Warning Signs
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What is NOVATEK PJSC Moat Score?

NOVATEK PJSC has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

NOVATEK PJSC has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes NOVATEK PJSC might have No Moat - No discernible moat.

NOVATEK PJSC  (MIC:NVTK) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

NOVATEK PJSC Moat Score Related Terms

MIC:NVTK
70GF Score
NOVATEK PJSC MIC:NVTK
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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:

  • Moat Score: 0
  • GF Value™: ₽1,123.48 vs. price of ₽990.00 (11.9% below fair value)
  • GF Score™: 70/100 with 2 warning signs

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 Business Description

Industry EnergyOil & Gas
Address 2, Udaltsova Street, Moscow, RUS, 119415
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

Get the complete analysis for MIC:NVTK

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽990.00
Price
₽1,123.48
GF Value