
PJSC Tatneft (ATAD.L)
ValueMarkers Composite Index
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PJSC Tatneft (ATAD.L) — VMCI valuation read
PJSC Tatneft (ATAD.L) carries a VMCI composite of 62/100, 12 points above the Energy sector median of 50. Among mid-cap names, that gap places ATAD.L in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).
The ATAD.L insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.
**Investor frame.** Value reads ATAD.L trades at 24.0x earnings, 33% above the Energy median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Energy 12.0x. Quality: ROIC of 10.0% sits 0.0pp above the Energy median (10.0%). Risk: net debt to EBITDA of -1.8x leaves covenant headroom, the line to track on PJSC Tatneft's next 10-Q.
ATAD.L rose 3.2% over the trailing 7 days, with a -17.1% read on a 30-day basis.
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.
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