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Territorial Generating Co No 1 PJSC (MIC:TGKA) ROE % : -2.24% (As of Sep. 2023)


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What is Territorial Generating Co No 1 PJSC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Territorial Generating Co No 1 PJSC's annualized net income for the quarter that ended in Sep. 2023 was ₽-3,208 Mil. Territorial Generating Co No 1 PJSC's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was ₽143,240 Mil. Therefore, Territorial Generating Co No 1 PJSC's annualized ROE % for the quarter that ended in Sep. 2023 was -2.24%.

The historical rank and industry rank for Territorial Generating Co No 1 PJSC's ROE % or its related term are showing as below:

MIC:TGKA' s ROE % Range Over the Past 10 Years
Min: -0.46   Med: 6.84   Max: 9.04
Current: -0.46

During the past 13 years, Territorial Generating Co No 1 PJSC's highest ROE % was 9.04%. The lowest was -0.46%. And the median was 6.84%.

MIC:TGKA's ROE % is ranked worse than
85.66% of 516 companies
in the Utilities - Regulated industry
Industry Median: 8.41 vs MIC:TGKA: -0.46

Territorial Generating Co No 1 PJSC ROE % Historical Data

The historical data trend for Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC ROE % Chart

Territorial Generating Co No 1 PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.26 9.04 7.48 6.42 5.08

Territorial Generating Co No 1 PJSC Quarterly Data
Sep16 Dec16 Mar17 Jun17 Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 18.62 2.32 - 0.42 -2.24

Competitive Comparison of Territorial Generating Co No 1 PJSC's ROE %

For the Utilities - Regulated Electric subindustry, Territorial Generating Co No 1 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.


Territorial Generating Co No 1 PJSC's ROE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Territorial Generating Co No 1 PJSC's ROE % distribution charts can be found below:

* The bar in red indicates where Territorial Generating Co No 1 PJSC's ROE % falls into.



Territorial Generating Co No 1 PJSC ROE % Calculation

Territorial Generating Co No 1 PJSC's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=6606/( (128260+132033)/ 2 )
=6606/130146.5
=5.08 %

Territorial Generating Co No 1 PJSC's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-3208/( (143641+142839)/ 2 )
=-3208/143240
=-2.24 %

* 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 (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Territorial Generating Co No 1 PJSC  (MIC:TGKA) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-3208/143240
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3208 / 69740)*(69740 / 202262.5)*(202262.5 / 143240)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.6 %*0.3448*1.4121
=ROA %*Equity Multiplier
=-1.59 %*1.4121
=-2.24 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-3208/143240
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3208 / -3720) * (-3720 / -1764) * (-1764 / 69740) * (69740 / 202262.5) * (202262.5 / 143240)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8624 * 2.1088 * -2.53 % * 0.3448 * 1.4121
=-2.24 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Territorial Generating Co No 1 PJSC ROE % Related Terms

Thank you for viewing the detailed overview of Territorial Generating Co No 1 PJSC's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Territorial Generating Co No 1 PJSC (MIC:TGKA) Business Description

Traded in Other Exchanges
N/A
Address
16 Dobrolyubova Prospect, 2A Building, Litera A, Arena Hall Business Centre, Saint Petersburg, RUS, 197198
Territorial Generating Co No 1 PJSC is involved in the production of electricity and heat in the North-West region of Russia. It operates approximately 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast. The company's operating segment includes TPP of Nevsky branch, HPS of Nevsky branch. Heating Grid, Kolsky branch, Karelsky branch and Murmanskaya TPP. It generates maximum revenue from the TPP of Nevsky branch.

Territorial Generating Co No 1 PJSC (MIC:TGKA) Headlines

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