Public Joint Stock Oil Company Bashneft (BANEP.ME)

Public Joint Stock Oil Company Bashneft (BANEP.ME) — VMCI valuation read

Public Joint Stock Oil Company Bashneft sits at VMCI 72/100, with the Energy sector median at 50. That 22-point spread is the first thing to note on BANEP.ME: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on BANEP.ME are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on BANEP.ME: BANEP.ME trades at 24.0x earnings, 33% above the Energy median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 12.0% sits 2.0pp above the Energy median (10.0%). The Risk read: net debt to EBITDA of 0.9x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

BANEP.ME rose 4.0% over the trailing 7 days, with a -5.6% read on a 30-day basis.