Federal Grid Company Rosseti PJSC (MIC:FEES) EBIT: ₽176,300 Mil (TTM As of Jun. 2023)


MIC:FEES Federal Grid Company Rosseti PJSC MIC:FEES
55 GF Score
Price ₽0.05
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What is Federal Grid Company Rosseti PJSC EBIT?

Federal Grid Company Rosseti PJSC MIC:FEES -3.03% 55 EBIT is ₽176,300 Mil as of Jun. 2023. GuruFocus rates MIC:FEES with a GF Score™ of 55/100.

Federal Grid Company Rosseti PJSC's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was ₽176,300 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was ₽176,300 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Federal Grid Company Rosseti PJSC's annualized ROC % for the quarter that ended in Jun. 2023 was 10.34%. Federal Grid Company Rosseti PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 19.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Federal Grid Company Rosseti PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 56.15%.

Federal Grid Company Rosseti PJSC  (MIC:FEES) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Federal Grid Company Rosseti PJSC's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=281206 * ( 1 - 22.59% )/( (1263411 + 2947822)/ 2 )
=217681.5646/2105616.5
=10.34 %

where

Invested Capital(Q: Jun. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1376746 - 62853 - ( 74451 - max(0, 93744 - 144226+74451))
=1263411

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3062490 - 269738 - ( 197665 - max(0, 597774 - 442704+197665))
=2947822

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Federal Grid Company Rosseti PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=352600/( ( (1102006 + max(-12677, 0)) + (2437823 + max(-195444, 0)) )/ 2 )
=352600/( ( 1102006 + 2437823 )/ 2 )
=352600/1769914.5
=19.92 %

where Working Capital is:

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37192 + 19748 + 10418) - (62853 + 0 + 17182)
=-12677

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(126408 + 51680 + 66951) - (269738 + 0 + 170745)
=-195444

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Federal Grid Company Rosseti PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=176300/313963.538
=56.15 %

* 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.

Federal Grid Company Rosseti PJSC EBIT Related Terms

Federal Grid Company Rosseti PJSC EBIT Historical Data

* Premium members only.

The historical data trend for Federal Grid Company Rosseti PJSC's EBIT 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.

Federal Grid Company Rosseti PJSC EBIT Chart

Federal Grid Company Rosseti PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85,375.00 114,463.00 119,639.00 116,012.00 81,997.00

Federal Grid Company Rosseti PJSC Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun23
EBIT 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 48,870.00 50,410.00 31,587.00 49,112.00 176,300.00

MIC:FEES vs NEE, SO, DUK: EBIT Comparison

For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Federal Grid Company Rosseti PJSC EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Federal Grid Company Rosseti PJSC's EV-to-EBIT falls into.


MIC:FEES
55GF Score
Federal Grid Company Rosseti PJSC MIC:FEES
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Federal Grid Company Rosseti PJSC EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽176,300 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₽176,300 Mil mean?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a EBIT of ₽176,300 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Federal Grid Company Rosseti PJSC.
Is Federal Grid Company Rosseti PJSC's EBIT too high?
Federal Grid Company Rosseti PJSC's current EBIT is ₽176,300 Mil. Overall, Federal Grid Company Rosseti PJSC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Federal Grid Company Rosseti PJSC's EBIT compare to NEE and SO?
Federal Grid Company Rosseti PJSC's EBIT of ₽176,300 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Federal Grid Company Rosseti PJSC. Federal Grid Company Rosseti PJSC's current EBIT is ₽176,300 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Grid Company Rosseti PJSC stock overvalued right now?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a current EBIT of ₽176,300 Mil. The current EBIT is ₽176,300 Mil. Federal Grid Company Rosseti PJSC's overall GF Score™ is 55/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Federal Grid Company Rosseti PJSC (MIC:FEES), the current EBIT is ₽176,300 Mil as of Jun. 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.

Federal Grid Company Rosseti PJSC Business Description

Address 5A, Akademika Chelomeya Street, Moscow, RUS, 117630
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.
55GF Score

Get the complete analysis for MIC:FEES

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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