🇷🇺 Российский портфель

April 06, 2026 • 20 Holdings • MOEX + smart-lab.ru
Portfolio
Sectors
Data Notes
💰 Valuation
TickerNameP/EEV/EBITDA · P/BVP/BVMkt Cap
YDEX Яндекс 11.6x 6.3x 10.0x ₽1.65T
TCSG Т-Технологии 4.9x 1.3x 1.3x ₽862.0B
LKOH ЛУКОЙЛ 41.9x 4.0x 1.2x ₽3.88T
HEAD HeadHunter 7.2x 5.9x neg ₽139.4B
SBER Сбербанк 4.2x 0.9x 0.9x ₽6.90T
X5 X5 Group 7.9x 3.1x neg ₽660.2B
NVTK НОВАТЭК 21.2x 4.5x 1.4x ₽3.90T
GMKN Норильский никель 12.8x 5.8x 2.4x ₽2.10T
CNRU ЦИАН 18.4x 10.9x 15.8x ₽49.0B
TATN Татнефть 9.4x 4.5x 1.1x ₽1.41T
📈 Quality
TickerNameNet MarginROEDiv Yield
YDEX Яндекс +9.8% +40.3% +1.9%
TCSG Т-Технологии N/A +33.3% +2.0%
LKOH ЛУКОЙЛ +2.5% +2.8% +9.7%
HEAD HeadHunter +50.5% +549.2% N/A
SBER Сбербанк N/A +19.9% +10.9%
X5 X5 Group +1.8% +85.8% +26.8%
NVTK НОВАТЭК +12.7% +6.5% +3.7%
GMKN Норильский никель +14.3% +18.5% N/A
CNRU ЦИАН +17.5% +50.9% N/A
TATN Татнефть +8.7% +12.0% +6.7%
💵 Financials FY2025 (₽B)
TickerNameRevenueEBITDANet IncomeNet DebtND/EBITDA
YDEX Яндекс ₽1.44T ₽281B ₽141B ₽130B 0.5x
TCSG Т-Технологии ₽774B N/A ₽177B N/A N/A
LKOH ЛУКОЙЛ ₽3.77T ₽892B ₽92B ₽279B net cash neg
HEAD HeadHunter ₽41B ₽23B ₽21B ₽15B net cash neg
SBER Сбербанк ₽4.24T N/A ₽1.71T N/A N/A
X5 X5 Group ₽4.64T ₽285B ₽83B ₽228B 0.8x
NVTK НОВАТЭК ₽1.45T ₽859B ₽183B ₽39B net cash neg
GMKN Норильский никель ₽1.15T ₽475B ₽164B ₽672B 1.4x
CNRU ЦИАН ₽15B ₽4B ₽3B ₽6B net cash neg
TATN Татнефть ₽1.82T ₽328B ₽159B ₽32B net cash neg
🏦 Balance Sheet
TickerNameNet Debt (₽B)ND/EBITDA
YDEX Яндекс ₽130B 0.5x
TCSG Т-Технологии N/A N/A
LKOH ЛУКОЙЛ ₽-279B neg
HEAD HeadHunter ₽-14.7B neg
SBER Сбербанк N/A N/A
X5 X5 Group ₽228B 0.8x
NVTK НОВАТЭК ₽-39.2B neg
GMKN Норильский никель ₽672B 1.4x
CNRU ЦИАН ₽-6.12B neg
TATN Татнефть ₽-32.0B neg
🛢️ Oil & Gas
TickerNameP/EEV/EBITDAP/BVNet MarginROEDiv YieldMkt Cap
LKOH ◀ ЛУКОЙЛ 41.9x 4.0x 1.2x +2.5% +2.8% +9.7% ₽3.88T
ROSN Роснефть 17.0x 2.3x 0.6x +3.6% +3.2% +3.1% ₽4.98T
NVTK ◀ НОВАТЭК 21.2x 4.5x 1.4x +12.7% +6.5% +3.7% ₽3.90T
TATN ◀ Татнефть 9.4x 4.5x 1.1x +8.7% +12.0% +6.7% ₽1.41T
GAZP Газпром 2.5x 2.9x 0.2x +12.2% +7.1% N/A ₽3.16T
🏦 Banks/Fintech (P/BV — основной мультипликатор для банков)
TickerNameP/EEV/EBITDAP/BVNet MarginROEDiv YieldMkt Cap
SBER ◀ Сбербанк 4.2x N/A 0.9x N/A +19.9% +10.9% ₽6.90T
VTBR ВТБ 2.3x N/A 0.4x N/A +17.3% +28.3% ₽601.4B
TCSG ◀ Т-Технологии 4.9x N/A 1.3x N/A +33.3% +2.0% ₽862.0B
BSPB Банк СПБ 4.0x N/A 0.7x N/A +8.0% +8.8% ₽150.1B
⛏️ Metals & Mining
TickerNameP/EEV/EBITDAP/BVNet MarginROEDiv YieldMkt Cap
GMKN ◀ Норильский никель 12.8x 5.8x 2.4x +14.3% +18.5% N/A ₽2.10T
NLMK НЛМК 9.2x 4.2x 0.7x +7.6% +7.1% N/A ₽584.9B
MAGN ММК neg 2.8x 0.5x -2.3% -2.1% N/A ₽306.1B
CHMF Северсталь 21.8x 5.2x 1.4x +4.5% +6.1% N/A ₽700.8B
🛒 Retail
TickerNameP/EEV/EBITDAP/BVNet MarginROEDiv YieldMkt Cap
X5 ◀ X5 Group 7.9x 3.1x neg +1.8% +85.8% +26.8% ₽660.2B
MGNT Магнит 12.2x 4.0x 10.7x +0.8% +13.9% N/A ₽297.7B
OZON Ozon neg 7.4x neg -0.1% +0.6% N/A ₽948.0B
💻 Tech/Internet
TickerNameP/EEV/EBITDAP/BVNet MarginROEDiv YieldMkt Cap
YDEX ◀ Яндекс 11.6x 6.3x 10.0x +9.8% +40.3% +1.9% ₽1.65T
HEAD ◀ HeadHunter 7.2x 5.9x neg +50.5% +549.2% N/A ₽139.4B
CNRU ◀ ЦИАН 18.4x 10.9x 15.8x +17.5% +50.9% N/A ₽49.0B
VK VK neg 10.5x neg -13.8% -16.6% N/A ₽153.4B
📋 Data Quality Notes
  • Prices & Market Cap — MOEX ISS API (TQBR board, real-time).
  • Fundamentals — smart-lab.ru IFRS annual reports (P/E, EV/EBITDA, ROE, margins, etc.)
  • Dividends — MOEX ISS trailing 12-month yield, fallback to smart-lab.
  • Growth — YoY computed from smart-lab's last two full-year periods.
  • 🏦 Banks (SBER, TCSG) — P/BV shown as primary valuation; EV/EBITDA not meaningful.
  • TCSG — Trades as T on MOEX and smart-lab (Т-Технологии МКПАО).