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PJSC LukoilLSE:31KX 17 Return-on-Tangible-Asset is 24.01% as of Sep. 2023, which is 169% above its 10-year median of 8.93. GuruFocus rates LSE:31KX with a GF Score™ of 17/100. The stock has 6 warning signs investors should review.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. PJSC Lukoil's annualizedNet Income for the quarter that ended in Sep. 2023 was £5,868.02 Mil. PJSC Lukoil's average total tangible assets for the quarter that ended in Sep. 2023 was £24,442.91 Mil. Therefore, PJSC Lukoil's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was 24.01%.
The historical rank and industry rank for PJSC Lukoil's Return-on-Tangible-Asset or its related term are showing as below:
LSE:31KX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.4 Med: 8.93 Max: 36.08
Current: 30.64
During the past 13 years, PJSC Lukoil's highest Return-on-Tangible-Asset was 36.08%. The lowest was 0.40%. And the median was 8.93%.
LSE:31KX's Return-on-Tangible-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 2.04
vs LSE:31KX: 30.64
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
PJSC Lukoil Return-on-Tangible-Asset Related Terms
PJSC Lukoil Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for PJSC Lukoil's Return-on-Tangible-Asset 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.
LSE:31KX vs XOM, CVX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Integrated subindustry, PJSC Lukoil's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
PJSC Lukoil Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PJSC Lukoil's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PJSC Lukoil's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Sep. 2023) net income data.
What does a Return-on-Tangible-Asset of 24.01% mean?
PJSC Lukoil (LSE:31KX) has a Return-on-Tangible-Asset of 24.01% as of Sep. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PJSC Lukoil and its competitors. This is 169% above median its historical median of 8.93. Over the past decade, PJSC Lukoil's Return-on-Tangible-Asset has ranged from 0.40 to 36.08.
Is PJSC Lukoil's Return-on-Tangible-Asset too high?
PJSC Lukoil's current Return-on-Tangible-Asset of 24.01% is 169% above median its 10-year median of 8.93. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 36.08. The Oil & Gas industry median Return-on-Tangible-Asset is 2.04. PJSC Lukoil's value of 24.01% is 1077% above this industry median. Overall, PJSC Lukoil has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Lukoil's Return-on-Tangible-Asset compare to XOM and CVX?
PJSC Lukoil's Return-on-Tangible-Asset of 24.01% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Asset is 2.04. PJSC Lukoil's value of 24.01% is 1077% above this benchmark. Historically, PJSC Lukoil's own Return-on-Tangible-Asset has ranged from 0.40 to 36.08 over the past decade. While the company's 10-year median is 8.93 vs. the industry median of 2.04, PJSC Lukoil 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.04, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PJSC Lukoil's current Return-on-Tangible-Asset of 24.01% is 1077% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PJSC Lukoil and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC Lukoil's current Return-on-Tangible-Asset is 24.01%, which is 169% above median its own 10-year median of 8.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Lukoil stock overvalued right now?
PJSC Lukoil (LSE:31KX) has a current Return-on-Tangible-Asset of 24.01%. The current Return-on-Tangible-Asset is 24.01%, which is 169% above median its 10-year median of 8.93 and 1077% above the Oil & Gas industry median of 2.04. PJSC Lukoil's overall GF Score™ is 17/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For PJSC Lukoil (LSE:31KX), the current Return-on-Tangible-Asset is 24.01% as of Sep. 2023. 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.
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.
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