1. Russian Federation Stocks

  2. •

    Transportation

  3. •

    Marine shipping
Sovcomflot

Sovcomflot

MMOEX:FLOT
87.68
RUB
-0.13
(-0.15%)
48.89P/E
Dec 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
TTM
Revenue per Share
- -
0.59
0.63
0.59
0.61
0.65
0.71
0.8
- -
0.7
Basic EPS, GAAP
- -
0.03
0.15
0.09
-0.05
-0.02
0.09
0.13
- -
0.02
Free Cash Flow per Basic Share
- -
-0.22
-0.24
-0.31
-0.26
-0.18
-0.18
-0.21
- -
-0.16
Dividend per Share
- -
- -
0.01
0.04
0.05
0.01
0.01
0.05
- -
- -
Book Value per Share
1.26
1.28
1.42
1.48
1.4
1.37
1.44
1.7
1.66
1.66
Tangible Book Value per Share
1.26
1.28
1.42
1.48
1.39
1.37
1.44
1.7
1.65
1.65
Basic Weighted Avg Shares
- -
2,338
2,338
2,338
2,338
2,338
2,338
2,054
- -
2,190
Sales/Revenue/Turnover
- -
1,378
1,483
1,388
1,435
1,520
1,665
1,652
1,540
1,540
Operating Margin (%)
- -
19.52
31.12
27.33
11.62
15.76
26.09
29.94
18.7
18.7
Depreciation Expense
- -
1
1
1
- -
- -
1
- -
- -
- -
Net Income, GAAP
- -
80
339
202
-110
-42
222
267
44
44
Effective Tax Rate (%)
- -
7.79
4.65
11.43
- -
- -
11.4
9.68
48.88
48.88
Profit Margin (%)
- -
5.81
22.89
14.59
-7.64
-2.74
13.31
16.18
2.84
2.84
Working Capital
-140
-132
61
-71
-86
-75
-39
444
251
251
LT Debt
2,590
2,615
2,646
2,640
3,165
3,161
3,098
2,973
2,725
2,725
Total Equity
3,111
3,157
3,481
3,604
3,409
3,350
3,505
4,098
3,966
3,966
Return on Invested Capital (%)
- -
4.05
6.96
5.04
- -
- -
5.55
6.2
2.05
2.05
Return on Capital (%)
- -
3.29
7.23
4.87
- -
- -
5.77
6.09
1.87
1.87
Return on Common Equity (%)
- -
2.69
10.74
5.98
-3.26
-1.29
6.73
7.27
1.12
1.12

Capital Structure

USD

•

in mil. unless spec.
Jun'21
Sep'21
Dec'21
ST Debt
301
313
303
LT Borrowings
2,909
2,789
2,704
LT Finance Leases
16
13
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,338
2,338
2,331
Market Capitalization
2,963
2,701
2,279

Working Capital

USD

•

in mil. unless spec.
Jun'21
Sep'21
Dec'21
Total Current Assets
1,083
913
825
Cash, Cash Equivalents & STI
869
724
614
Accounts Receivable, Net
74
56
52
Inventories
66
66
64
Total Current Liabilities
780
619
574
Payables & Accruals
- -
- -
- -
ST Debt
301
313
303
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
2.23%
-3.23%
Free Cash Flow
- -
-11.92%
-17.99%
Net Income, GAAP
- -
-182.28%
-83.62%
Sales/Revenue/Turnover
- -
2.26%
-6.78%
Total Cash Common Dividend
- -
72.87%
114.21%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
363
397
400
380
1,540
2022
588
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
0.01
0.01
- -
- -
2022
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Igor Vasilyevich Tonkovidov
Full Time Employees
5,437
Sector
Transportation
Industry
Marine shipping
Address
6 Gasheka Street Moscow MC Russian Federation 125047
IPO Date
Oct 7, 2020
Website
sovcomflot.ru
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Business
PAO Sovcomflot (FLOT.ME) operates as Russia's largest shipping company and a global leader in energy shipping, specializing in the maritime transportation of hydrocarbons, liquefied natural gas, and petroleum products; it provides offshore services including supply and servicing of platforms, terminal management, shuttle transportation, and seismic exploration in harsh environments such as the Arctic. The company owns and operates a fleet comprising approximately 122 vessels, including 50 crude oil tankers, 34 oil products tankers, 14 shuttle tankers, 10 LNG carriers, and 10 icebreakers; its business segments encompass offshore services, gas transportation, crude oil transportation, oil products transportation, and other activities serving major oil and gas projects like Sakhalin-1, Sakhalin-2, Varandey, Prirazlomnoye, and Novy Port. Founded in 1995 and headquartered in St. Petersburg with key offices in Moscow, the company conducts operations worldwide, particularly in Russia and challenging regions, and affiliates include PAO Novoship while being 100% owned by the Russian Federation. In recent developments, PAO Sovcomflot faces intensified Western sanctions, with U.S. designations in February 2024 under EO 14024 and re-designations in January 2025 under EO 13662 targeting the company and over 60 vessels, alongside EU and UK measures restricting ports and operations; these pressures led to a 16% drop in transportation volumes to 63 million tons in 2024, a Q1 2025 net loss with $322 million fleet impairment, and a H1 2025 net loss of $435 million, prompting vessel sales, ownership shifts to special purpose vehicles outside Russia, flag changes, and idling of some assets amid shadow fleet adaptations.