TMK PAO (MIC:TRMK) Scaled Net Operating Assets: 0.44 (As of Jun. 2022)


MIC:TRMK TMK PAO MIC:TRMK
17 GF Score
Price ₽56.20
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What is TMK PAO Scaled Net Operating Assets?

TMK PAO MIC:TRMK -1.75% 17 Scaled Net Operating Assets is 0.44 as of Jun. 2022. GuruFocus rates MIC:TRMK with a GF Score™ of 17/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TMK PAO's operating assets for the quarter that ended in Jun. 2022 was ₽590,156 Mil. TMK PAO's operating liabilities for the quarter that ended in Jun. 2022 was ₽283,228 Mil. TMK PAO's Total Assets for the quarter that ended in Dec. 2021 was ₽694,577 Mil. Therefore, TMK PAO's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2022 was 0.44.


TMK PAO Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for TMK PAO's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

TMK PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.74 0.63 0.56 0.70

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
Scaled Net Operating Assets 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 0.49 0.56 0.85 0.45 0.44

MIC:TRMK vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, TMK PAO's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


TMK PAO Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, TMK PAO's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where TMK PAO's Scaled Net Operating Assets falls into.


MIC:TRMK
17GF Score
TMK PAO MIC:TRMK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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TMK PAO Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TMK PAO's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(598744-307163)/419166
=0.70

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=694577 - 95833
=598744

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=644676 - 241054 - 96459
=307163

TMK PAO's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2022 )
=(Operating Assets (Q: Jun. 2022 )-Operating Liabilities (Q: Jun. 2022 ))/Total Assets (Q: Dec. 2021 )
=(590156-283228)/694577
=0.44

where

Operating Assets(Q: Jun. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=637068 - 46912
=590156

Operating Liabilities(Q: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=578259 - 189551 - 105480
=283228

* 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 Scaled Net Operating Assets of 0.44 mean?
TMK PAO (MIC:TRMK) has a Scaled Net Operating Assets of 0.44 as of Jun. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TMK PAO and its competitors.
Is TMK PAO's Scaled Net Operating Assets too high?
TMK PAO's current Scaled Net Operating Assets is 0.44. 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 Scaled Net Operating Assets compare to NUE and STLD?
TMK PAO's Scaled Net Operating Assets of 0.44 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 Scaled Net Operating Assets for a Steel company?
A good Scaled Net Operating Assets depends on the Steel industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TMK PAO and its competitors. TMK PAO's current Scaled Net Operating Assets is 0.44. 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 Scaled Net Operating Assets of 0.44. The current Scaled Net Operating Assets is 0.44. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For TMK PAO (MIC:TRMK), the current Scaled Net Operating Assets is 0.44 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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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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