Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Gazprom Neft PJSC's annualized net income for the quarter that ended in Jun. 2023 was €6,924 Mil. Gazprom Neft PJSC's average shareholder tangible equity for the quarter that ended in Jun. 2023 was €32,338 Mil. Therefore, Gazprom Neft PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 21.41%.
The historical rank and industry rank for Gazprom Neft PJSC's Return-on-Tangible-Equity or its related term are showing as below:
XTER:SCF's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 6.73 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Gazprom Neft PJSC (XTER:SCF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Gazprom Neft PJSC Return-on-Tangible-Equity Related Terms
Gazprom Neft PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gazprom Neft PJSC's Return-on-Tangible-Equity 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.
XTER:SCF vs XOM, CVX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Integrated subindustry, Gazprom Neft PJSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Gazprom Neft PJSC Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gazprom Neft PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gazprom Neft PJSC's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jun. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 21.41% mean?
Gazprom Neft PJSC (XTER:SCF) has a Return-on-Tangible-Equity of 21.41% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gazprom Neft PJSC and its competitors.
Is Gazprom Neft PJSC's Return-on-Tangible-Equity too high?
Gazprom Neft PJSC's current Return-on-Tangible-Equity is 21.41%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Gazprom Neft PJSC's value of 21.41% is 218.1% above this industry median. Overall, Gazprom Neft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom Neft PJSC's Return-on-Tangible-Equity compare to XOM and CVX?
Gazprom Neft PJSC's Return-on-Tangible-Equity of 21.41% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Equity is 6.73. Gazprom Neft PJSC's value of 21.41% is 218.1% above this benchmark. 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-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 944 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gazprom Neft PJSC's current Return-on-Tangible-Equity of 21.41% is 218.1% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gazprom Neft PJSC and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gazprom Neft PJSC's current Return-on-Tangible-Equity is 21.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom Neft PJSC stock overvalued right now?
Gazprom Neft PJSC (XTER:SCF) has a current Return-on-Tangible-Equity of 21.41%. The current Return-on-Tangible-Equity is 21.41% and 218.1% above the Oil & Gas industry median of 6.73. Gazprom Neft PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Gazprom Neft PJSC (XTER:SCF), the current Return-on-Tangible-Equity is 21.41% as of Jun. 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.
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.
17GF Score
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