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Inter RAO UES PJSC (LSE:IRAA) ROE % : 11.08% (As of Jun. 2023)


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What is Inter RAO UES PJSC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Inter RAO UES PJSC's annualized net income for the quarter that ended in Jun. 2023 was $1,298.54 Mil. Inter RAO UES PJSC's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $11,716.41 Mil. Therefore, Inter RAO UES PJSC's annualized ROE % for the quarter that ended in Jun. 2023 was 11.08%.

The historical rank and industry rank for Inter RAO UES PJSC's ROE % or its related term are showing as below:

LSE:IRAA' s ROE % Range Over the Past 10 Years
Min: -6.78   Med: 13.95   Max: 16.36
Current: 3.09

During the past 13 years, Inter RAO UES PJSC's highest ROE % was 16.36%. The lowest was -6.78%. And the median was 13.95%.

LSE:IRAA's ROE % is ranked worse than
77.97% of 513 companies
in the Utilities - Regulated industry
Industry Median: 8.69 vs LSE:IRAA: 3.09

Inter RAO UES PJSC ROE % Historical Data

The historical data trend for Inter RAO UES PJSC's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Inter RAO UES PJSC ROE % Chart

Inter RAO UES PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.63 16.63 11.75 17.74 12.77

Inter RAO UES PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.04 13.21 - 11.08 -

Competitive Comparison of Inter RAO UES PJSC's ROE %

For the Utilities - Regulated Electric subindustry, Inter RAO UES PJSC's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inter RAO UES PJSC's ROE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Inter RAO UES PJSC's ROE % distribution charts can be found below:

* The bar in red indicates where Inter RAO UES PJSC's ROE % falls into.



Inter RAO UES PJSC ROE % Calculation

Inter RAO UES PJSC's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1475.252/( (13003.006+10107.979)/ 2 )
=1475.252/11555.4925
=12.77 %

Inter RAO UES PJSC's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=1298.536/( (13003.006+10429.823)/ 2 )
=1298.536/11716.4145
=11.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2023) net income data. ROE % is displayed in the 30-year financial page.


Inter RAO UES PJSC  (LSE:IRAA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=1298.536/11716.4145
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1298.536 / 14845.38)*(14845.38 / 16240.094)*(16240.094 / 11716.4145)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.75 %*0.9141*1.3861
=ROA %*Equity Multiplier
=8 %*1.3861
=11.08 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=1298.536/11716.4145
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1298.536 / 1631.12) * (1631.12 / 1311.548) * (1311.548 / 14845.38) * (14845.38 / 16240.094) * (16240.094 / 11716.4145)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7961 * 1.2437 * 8.83 % * 0.9141 * 1.3861
=11.08 %

Note: The net income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Inter RAO UES PJSC ROE % Related Terms

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Inter RAO UES PJSC (LSE:IRAA) Business Description

Traded in Other Exchanges
Address
Bolshaya Pirogovskaya Street, Building 27-2, Moscow, RUS, 119435
Inter RAO UES PJSC is a Russian energy holding company of which the Russian Federation owns a majority interest. The principal activity of the company is the ownership of interests in subsidiaries operating in the energy industry throughout Russia and much of Eastern Europe. Through its subsidiaries, Inter RAO UES is involved in the production, supply, distribution, sale, import, and export of electricity and thermal energy. The company segments itself into Supply, Electric Power Generation in the Russian Federation, Thermal Power Generation in the Russian Federation, Trading, Foreign Assets, and Engineering business units. The Supply division encompasses most of the company's income.