Tatneft PJSC (LSE:ATAD) ROE %: 30.49% (As of Jun. 2022)


LSE:ATAD Tatneft PJSC LSE:ATAD
17 GF Score
Price $2.35
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What is Tatneft PJSC ROE %?

Tatneft PJSC LSE:ATAD 17 ROE % is 30.49% as of Jun. 2022. GuruFocus rates LSE:ATAD with a GF Score™ of 17/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tatneft PJSC's annualized net income for the quarter that ended in Jun. 2022 was $4,441 Mil. Tatneft PJSC's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $14,564 Mil. Therefore, Tatneft PJSC's annualized ROE % for the quarter that ended in Jun. 2022 was 30.49%.

The historical rank and industry rank for Tatneft PJSC's ROE % or its related term are showing as below:

LSE:ATAD's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.71
* Ranked among companies with meaningful ROE % only.

Tatneft PJSC  (LSE:ATAD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=4441.044/14564.3575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4441.044 / 25106.294)*(25106.294 / 23132.2065)*(23132.2065 / 14564.3575)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.69 %*1.0853*1.5883
=ROA %*Equity Multiplier
=19.2 %*1.5883
=30.49 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=4441.044/14564.3575
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4441.044 / 6225.19) * (6225.19 / 8029.652) * (8029.652 / 25106.294) * (25106.294 / 23132.2065) * (23132.2065 / 14564.3575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7134 * 0.7753 * 31.98 % * 1.0853 * 1.5883
=30.49 %

Note: The net income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Tatneft PJSC ROE % Related Terms


Tatneft PJSC ROE % Historical Data

* Premium members only.

The historical data trend for Tatneft PJSC's ROE % 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.

Tatneft PJSC ROE % Chart

Tatneft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.81 25.97 26.83 12.00 22.55

Tatneft PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
ROE % 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 10.51 14.53 21.60 23.14 30.49

LSE:ATAD vs XOM, CVX: ROE % Comparison

For the Oil & Gas Integrated subindustry, Tatneft PJSC's ROE %, along with its competitors' market caps and ROE % 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.


Tatneft PJSC ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tatneft PJSC's ROE % distribution charts can be found below:

* The bar in red indicates where Tatneft PJSC's ROE % falls into.


LSE:ATAD
17GF Score
Tatneft PJSC LSE:ATAD
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tatneft PJSC ROE % Calculation

Tatneft PJSC's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=2683.601/( (11106.411+12692.068)/ 2 )
=2683.601/11899.2395
=22.55 %

Tatneft PJSC's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=4441.044/( (12692.068+16436.647)/ 2 )
=4441.044/14564.3575
=30.49 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. 2022) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 30.49% mean?
Tatneft PJSC (LSE:ATAD) has a ROE % of 30.49% as of Jun. 2022. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tatneft PJSC and its competitors.
Is Tatneft PJSC's ROE % too high?
Tatneft PJSC's current ROE % is 30.49%. The Oil & Gas industry median ROE % is 5.71. Tatneft PJSC's value of 30.49% is 434% above this industry median. Overall, Tatneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Tatneft PJSC's ROE % compare to XOM and CVX?
Tatneft PJSC's ROE % of 30.49% can be compared against companies in the Oil & Gas industry. The industry median ROE % is 5.71. Tatneft PJSC's value of 30.49% is 434% 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tatneft PJSC's current ROE % of 30.49% is 434% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tatneft PJSC and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tatneft PJSC's current ROE % is 30.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatneft PJSC stock overvalued right now?
Tatneft PJSC (LSE:ATAD) has a current ROE % of 30.49%. The current ROE % is 30.49% and 434% above the Oil & Gas industry median of 5.71. Tatneft 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Tatneft PJSC (LSE:ATAD), the current ROE % is 30.49% 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.

Tatneft PJSC Business Description

Industry EnergyOil & Gas
Address 75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.
17GF Score

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

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