TMK PAO (MIC:TRMK) Research & Development: ₽174 Mil (TTM As of Jun. 2022)


MIC:TRMK TMK PAO MIC:TRMK
17 GF Score
Price ₽58.22
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What is TMK PAO Research & Development?

TMK PAO MIC:TRMK +0.38% 17 Research & Development is ₽174 Mil as of Jun. 2022. GuruFocus rates MIC:TRMK with a GF Score™ of 17/100.

Research & Development is the aggregate amount of research and development expenses during the year. TMK PAO's Research & Development for the six months ended in Jun. 2022 was ₽86 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2022 was ₽174 Mil.

TMK PAO  (MIC:TRMK) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

TMK PAO Research & Development Related Terms

TMK PAO Research & Development Historical Data

* Premium members only.

The historical data trend for TMK PAO's Research & Development 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.

TMK PAO Research & Development Chart

TMK PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 472.20 126.41 386.00 147.00 174.00

TMK PAO Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.00 84.00 86.00 88.00 86.00
MIC:TRMK
17GF Score
TMK PAO MIC:TRMK
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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TMK PAO Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽174 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₽174 Mil mean?
TMK PAO (MIC:TRMK) has a Research & Development of ₽174 Mil as of Jun. 2022. Research and development expense is the total cost for research and development activities. View historical data on TMK PAO and its competitors.
Is TMK PAO's Research & Development too high?
TMK PAO's current Research & Development is ₽174 Mil. Overall, TMK PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does TMK PAO's Research & Development compare to NUE and STLD?
TMK PAO's Research & Development of ₽174 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Steel company?
A good Research & Development depends on the Steel industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on TMK PAO and its competitors. TMK PAO's current Research & Development is ₽174 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK PAO stock overvalued right now?
TMK PAO (MIC:TRMK) has a current Research & Development of ₽174 Mil. The current Research & Development is ₽174 Mil. TMK PAO's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For TMK PAO (MIC:TRMK), the current Research & Development is ₽174 Mil as of Jun. 2022. 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.

TMK PAO Business Description

Address 40/2a, Pokrovka Street, Moscow, RUS, 101000
TMK PAO produces and supplies steel pipes for the oil and gas industry. The company integrates production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan. TMK's core business is the production and sale of seamless and welded pipe, including large-diameter pipe, and pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage, and repair. Seamless pipe sales account for the majority of the company's revenue with the majority of sales generated in Russia.
17GF Score

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

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