Oil and gas
TATN
Tatneft
637.7 ₽
-0.36% for the day
Market cap
1.39 tn ₽
2.18 bn shares
Target price
751.3 ₽
based on our forecasts
Upside
+17.8%
to the target price
Industry
Oil and gas
other stocks →
Listing
1 level
RU0009033591
Fair value assessment
Buy
upside potential
+17.8%
Current
637.7 ₽
751.3 ₽
12M target
How the target is built
DCFDDMEV/EBITDAP/E
The weight and estimate of each method are in the PRO subscription
What PRO includes
Price history
- dividend record date
Dividends
All dividends
next year's forecast dividend is covered by free cash flow
1.1× FCF
| Size | Period | Record date | Last buy date | Yield | Status |
|---|---|---|---|---|---|
| 41.97 ₽ | forecast, 2027 | 08.01.2027 | 06.01.2027 | 6.58% | forecast |
| 41.97 ₽ | forecast, 2027 | 02.06.2027 | 01.06.2027 | 6.58% | forecast |
| 41.97 ₽ | forecast, 2027 | 14.10.2027 | 13.10.2027 | 6.58% | forecast |
Payout history
| Size | Record date | Yield | Status |
|---|---|---|---|
| 32.88 ₽ | 13.10.2026 | 4.9% | paid |
| 11.61 ₽ | 15.07.2026 | 2.4% | paid |
| 8.13 ₽ | 11.01.2026 | 1.4% | paid |
| 14.35 ₽ | 14.10.2025 | 2.4% | paid |
| 43.11 ₽ | 02.06.2025 | 6.1% | paid |
| 17.39 ₽ | 08.01.2025 | 2.6% | paid |
| 38.20 ₽ | 08.10.2024 | 5.8% | paid |
| 25.17 ₽ | 09.07.2024 | 3.6% | paid |
| 35.17 ₽ | 09.01.2024 | 4.9% | paid |
| 27.54 ₽ | 11.10.2023 | 4.2% | paid |
| 27.71 ₽ | 11.07.2023 | 5.5% | paid |
| 6.86 ₽ | 10.01.2023 | 2.0% | paid |
| 32.71 ₽ | 11.10.2022 | 8.9% | paid |
| 16.14 ₽ | 08.07.2022 | 3.8% | paid |
| 9.98 ₽ | 10.01.2022 | 2.0% | paid |
| 16.52 ₽ | 12.10.2021 | 2.9% | paid |
| 12.30 ₽ | 09.07.2021 | 2.3% | paid |
| 9.94 ₽ | 12.10.2020 | 2.1% | paid |
| 24.36 ₽ | 30.12.2019 | 3.1% | paid |
| 40.11 ₽ | 27.09.2019 | 5.4% | paid |
| 32.38 ₽ | 05.07.2019 | 4.2% | paid |
| 22.26 ₽ | 09.01.2019 | 3.0% | paid |
| 30.27 ₽ | 12.10.2018 | 3.7% | paid |
| 12.16 ₽ | 06.07.2018 | 1.8% | paid |
| 27.78 ₽ | 23.12.2017 | 5.8% | paid |
| 22.81 ₽ | 07.07.2017 | 5.9% | paid |
| 10.96 ₽ | 08.07.2016 | 3.4% | paid |
| 10.58 ₽ | 15.07.2015 | 3.6% | paid |
| 8.23 ₽ | 16.07.2014 | 3.6% | paid |
| 8.23 ₽ | 28.04.2014 | 4.0% | paid |
| 8.60 ₽ | 29.04.2013 | 4.4% | paid |
| 7.08 ₽ | 03.04.2012 | 3.6% | paid |
| 5.02 ₽ | 06.05.2011 | 2.9% | paid |
| 5.02 ₽ | 28.02.2011 | 2.9% | paid |
| 6.56 ₽ | 30.04.2010 | 4.5% | paid |
| 6.56 ₽ | 01.02.2010 | 4.6% | paid |
| 4.42 ₽ | 28.04.2009 | 4.5% | paid |
| 5.65 ₽ | 28.04.2008 | 3.7% | paid |
| 4.60 ₽ | 02.05.2007 | 3.8% | paid |
| 1.00 ₽ | 15.05.2006 | 0.6% | paid |
| 1.00 ₽ | 31.01.2006 | 0.8% | paid |
| 0.230 ₽ | 28.04.2005 | 0.5% | paid |
| 0.670 ₽ | 28.09.2004 | 1.5% | paid |
| 0.300 ₽ | 07.05.2004 | 0.8% | paid |
ROSN
P/E ’26
4.9
EV/EBITDA ’26
3.4
Div. yield ’26
3.55%
1d chg
▲0.18%
NVTK
P/E ’26
6.9
EV/EBITDA ’26
7.8
Div. yield ’26
7.03%
1d chg
▲0.81%
LKOH
P/E ’26
4.0
EV/EBITDA ’26
2.2
Div. yield ’26
20.23%
1d chg
▲2.85%
SIBN
P/E ’26
3.5
EV/EBITDA ’26
2.2
Div. yield ’26
12.91%
1d chg
▼-0.11%
GAZP
P/E ’26
1.6
EV/EBITDA ’26
2.1
Div. yield ’26
—
1d chg
▲2.30%
Company health
4
of 5 checks passed
Profitable
Net profit for 2025
158.6 bn ₽
Pays dividends
Paid for 2025
74.85 ₽
High profitability
ROE for 2025; the check threshold is above 15%
12.0%
Inexpensive on earnings
P/E below the industry average (3.2)
3.1
Upside to the target
Target price above the current one
+17.8%
Financials, ₽bn
| 2025 | 2026E | 2027E | 2028E | |
|---|---|---|---|---|
| Revenue | 1 818 | 2 163 | ||
| EBITDA | 327.5 | 649.0 | ||
| Net profit | 158.6 | 442.4 | ||
| FCF | 120.3 | 360.2 | ||
| FCF yield | 4.9% | 14.6% | ||
| EPS, ₽ | 68.18 | 190.19 |
The 2027–2028 forecast is in the PRO subscriptionWhat PRO includes
Forward multiples
| 2026E | 2027E | 2028E | |
|---|---|---|---|
| P/E | 3.1 | ||
| EV/EBITDA | 1.7 | ||
| P/B | — | — | — |
| ND/EBITDA | -0.5 | ||
| Dividend yield | 8.67% | 19.74% | — |
The 2027–2028 forecast is in the PRO subscriptionWhat PRO includes
Performance
52-week high
688.0 ₽
52-week low
413.0 ₽
1 month
+1.61%
3 months
+23.01%
6 months
+9.65%
1 year
+22.68%
Beta to the MOEX Index
Beta
How closely a security's price follows the market. A beta of 1.3 means that historically the security moved about 13% when the index moved 10%. A measure of swing relative to the index.
More in the glossary
1.29
Volatility, annual
35% · moderate
Volatility, 30 days
27%
Volatility, day
2.1%
Trading volume for the day
1.5 bn ₽