Rosseti Centre And Volga Region PJSC (MIC:MRKP) Earnings Yield (Joel Greenblatt) %: 42.74% (As of Dec. 2023)

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MIC:MRKP Rosseti Centre And Volga Region PJSC MIC:MRKP
59 GF Score
Price ₽0.49
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What is Rosseti Centre And Volga Region PJSC Earnings Yield (Joel Greenblatt) %?

Rosseti Centre And Volga Region PJSC MIC:MRKP +0.85% 59 Earnings Yield (Joel Greenblatt) % is 42.74% as of Dec. 2023. GuruFocus rates MIC:MRKP with a GF Score™ of 59/100.

Rosseti Centre And Volga Region PJSC's Enterprise Value for the quarter that ended in Dec. 2023 was ₽52,687 Mil. Rosseti Centre And Volga Region PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽22,685 Mil. Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 42.74%.

The historical rank and industry rank for Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

MIC:MRKP's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 6.88
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Rosseti Centre And Volga Region PJSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 24.77%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Rosseti Centre And Volga Region PJSC  (MIC:MRKP) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Rosseti Centre And Volga Region PJSC Earnings Yield (Joel Greenblatt) % Related Terms


Rosseti Centre And Volga Region PJSC Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) % 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.

Rosseti Centre And Volga Region PJSC Earnings Yield (Joel Greenblatt) % Chart

Rosseti Centre And Volga Region PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.49 21.23 28.82 33.33 42.74

Rosseti Centre And Volga Region PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings Yield (Joel Greenblatt) % 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 33.33 44.64 41.15 40.49 42.74

MIC:MRKP vs NEE, SO, DUK: Earnings Yield (Joel Greenblatt) % Comparison

For the Utilities - Regulated Electric subindustry, Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.


Rosseti Centre And Volga Region PJSC Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) % falls into.


MIC:MRKP
59GF Score
Rosseti Centre And Volga Region PJSC MIC:MRKP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rosseti Centre And Volga Region PJSC Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Rosseti Centre And Volga Region PJSCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=22520.112/52686.9898334
=42.74 %

Rosseti Centre And Volga Region PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽22,685 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 42.74% mean?
Rosseti Centre And Volga Region PJSC (MIC:MRKP) has a Earnings Yield (Joel Greenblatt) % of 42.74% as of Dec. 2023. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Rosseti Centre And Volga Region PJSC and its competitors.
Is Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) % too high?
Rosseti Centre And Volga Region PJSC's current Earnings Yield (Joel Greenblatt) % is 42.74%. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.88. Rosseti Centre And Volga Region PJSC's value of 42.74% is 521.2% above this industry median. Overall, Rosseti Centre And Volga Region PJSC has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) % compare to NEE and SO?
Rosseti Centre And Volga Region PJSC's Earnings Yield (Joel Greenblatt) % of 42.74% can be compared against companies in the Utilities - Regulated industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.88. Rosseti Centre And Volga Region PJSC's value of 42.74% is 521.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.88, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rosseti Centre And Volga Region PJSC's current Earnings Yield (Joel Greenblatt) % of 42.74% is 521.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Rosseti Centre And Volga Region PJSC and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti Centre And Volga Region PJSC's current Earnings Yield (Joel Greenblatt) % is 42.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Centre And Volga Region PJSC stock overvalued right now?
Rosseti Centre And Volga Region PJSC (MIC:MRKP) has a current Earnings Yield (Joel Greenblatt) % of 42.74%. The current Earnings Yield (Joel Greenblatt) % is 42.74% and 521.2% above the Utilities - Regulated industry median of 6.88. Rosseti Centre And Volga Region PJSC's overall GF Score™ is 59/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Rosseti Centre And Volga Region PJSC (MIC:MRKP), the current Earnings Yield (Joel Greenblatt) % is 42.74% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rosseti Centre And Volga Region PJSC Business Description

Address 33 Rozhdestvenskaya Street, Nizhny Novgorod, Nizhny Novgorod, RUS, 603950
Rosseti Centre And Volga Region PJSC engages in the transmission and distribution of power in Russia. It offers power transmission and distribution services to electric grids located in Vladimir, Ivanovo, Kaluga, Kirov, Nizhny Novgorod, Ryazan, and Tula regions, as well as in the Republic of Mary El and the Republic of Udmurtia.
59GF Score

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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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