MOSENERGO (MIC:MSNG) Intangible Assets: ₽3,580 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:MSNG MOSENERGO MIC:MSNG
64 GF Score
Price ₽1.60
GF Value ₽3.38
Valuation Possible Value Trap
! 3 Warning Signs
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What is MOSENERGO Intangible Assets?

MOSENERGO MIC:MSNG -0.16% 64 Intangible Assets is ₽3,580 Mil as of Dec. 2025. GuruFocus rates MIC:MSNG with a GF Score™ of 64/100 and a GF Value™ of ₽3.38 (Possible Value Trap). The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. MOSENERGO's intangible assets for the quarter that ended in Dec. 2025 was ₽3,580 Mil.


MOSENERGO  (MIC:MSNG) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


MOSENERGO Intangible Assets Related Terms


MOSENERGO Intangible Assets Historical Data

* Premium members only.

The historical data trend for MOSENERGO's Intangible Assets 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.

MOSENERGO Intangible Assets Chart

MOSENERGO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 580.00 872.00 1,110.00 2,905.00 3,580.00

MOSENERGO Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec24 Dec25
Intangible Assets 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 580.00 872.00 1,110.00 2,905.00 3,580.00
MIC:MSNG
64GF Score
MOSENERGO MIC:MSNG
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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MOSENERGO Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ₽3,580 Mil mean?
MOSENERGO (MIC:MSNG) has a Intangible Assets of ₽3,580 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on MOSENERGO and its competitors.
Is MOSENERGO's Intangible Assets too high?
MOSENERGO's current Intangible Assets is ₽3,580 Mil. Overall, MOSENERGO has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MOSENERGO's Intangible Assets compare to CEG and VST?
MOSENERGO's Intangible Assets of ₽3,580 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for an Utilities - Independent Power Producers company?
A good Intangible Assets depends on the Utilities - Independent Power Producers industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on MOSENERGO and its competitors. MOSENERGO's current Intangible Assets is ₽3,580 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MOSENERGO stock overvalued right now?
Based on GuruFocus' analysis, MOSENERGO (MIC:MSNG) is currently considered Possible Value Trap. The stock's GF Value™ is ₽3.38, compared to a current price of ₽1.60 — trading 52.8% below its estimated fair value. The current Intangible Assets is ₽3,580 Mil. MOSENERGO's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For MOSENERGO (MIC:MSNG), the current Intangible Assets is ₽3,580 Mil as of Dec. 2025. 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.

Is MOSENERGO (MIC:MSNG) Overvalued in 2026?

Based on GuruFocus' analysis, MOSENERGO stock appears to be undervalued. The current stock price of ₽1.60 is trading 52.8% below its estimated GF Value™ of ₽3.38. GuruFocus considers MOSENERGO to be Possible Value Trap.

Key valuation signals for MIC:MSNG:

  • Intangible Assets: ₽3,580 Mil
  • GF Value™: ₽3.38 vs. price of ₽1.60 (52.8% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the MIC:MSNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MOSENERGO Business Description

Address 101/3, Prospekt Vernadskogo, Moscow, RUS, 119526
MOSENERGO is a Russian heat producer company. It is involved in the generation of heat and electric power and heat distribution services in the Moscow city and Moscow region. The firm operates in two primary reportable segments: Electric and heat energy, that generate majority revenue from the manufacturing and sale of electric and heat energy respectively. The other segments consist of services and products sold by the Group such as rental services, feed water sales, and maintenance services.
64GF Score

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

₽1.60
Price
₽3.38
GF Value