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NOVATEK PJSC's Operating Income for the
six
months ended in Jun. 2026 was ₽170,677 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₽296,634 Mil.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
NOVATEK PJSC's annualizedROC % for the quarter that ended in Jun. 2026 was 8.48%.
NOVATEK PJSC's annualizedROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 24.88%.
* 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
NOVATEK PJSC Operating Income Related Terms
NOVATEK PJSC Operating Income Historical Data
* Premium members only.
The historical data trend for NOVATEK PJSC's Operating Income 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.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which 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.
What does a Operating Income of ₽296,634 Mil mean?
NOVATEK PJSC (MIC:NVTK) has a Operating Income of ₽296,634 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on NOVATEK PJSC and its competitors.
Is NOVATEK PJSC's Operating Income too high?
NOVATEK PJSC's current Operating Income is ₽296,634 Mil. Overall, NOVATEK PJSC has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NOVATEK PJSC's Operating Income compare to COP and EOG?
NOVATEK PJSC's Operating Income of ₽296,634 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Oil & Gas company?
A good Operating Income depends on the Oil & Gas industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on NOVATEK PJSC and its competitors. NOVATEK PJSC's current Operating Income is ₽296,634 Mil. 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 ₽1,126.99, compared to a current price of ₽945.10 — trading 16.1% below its estimated fair value. The current Operating Income is ₽296,634 Mil. NOVATEK PJSC's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For NOVATEK PJSC (MIC:NVTK), the current Operating Income is ₽296,634 Mil 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 ₽945.10 is trading 16.1% below its estimated GF Value™ of ₽1,126.99.
GuruFocus considers NOVATEK PJSC to be Modestly Undervalued.
Key valuation signals for MIC:NVTK:
Operating Income: ₽296,634 Mil
GF Value™: ₽1,126.99 vs. price of ₽945.10 (16.1% below fair value)
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.
82GF Score
Get the complete analysis for MIC:NVTK
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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