United Co RUSAL International PJSC (MIC:RUAL) Intangible Assets: ₽186,737 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.
Reviewed by: Charlie Tian Charlie Tian
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:RUAL United Co RUSAL International PJSC MIC:RUAL
73 GF Score
Price ₽22.16
GF Value ₽40.82
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is United Co RUSAL International PJSC Intangible Assets?

United Co RUSAL International PJSC MIC:RUAL +2.97% 73 Intangible Assets is ₽186,737 Mil as of Dec. 2025. GuruFocus rates MIC:RUAL with a GF Score™ of 73/100 and a GF Value™ of ₽40.82 (Possible Value Trap). The stock has 5 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. United Co RUSAL International PJSC's intangible assets for the quarter that ended in Dec. 2025 was ₽186,737 Mil.


United Co RUSAL International PJSC  (MIC:RUAL) 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.


United Co RUSAL International PJSC Intangible Assets Related Terms


United Co RUSAL International PJSC Intangible Assets Historical Data

* Premium members only.

The historical data trend for United Co RUSAL International PJSC'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.

United Co RUSAL International PJSC Intangible Assets Chart

United Co RUSAL International PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178,257.28 159,426.00 210,867.52 236,829.80 186,736.58

United Co RUSAL International PJSC Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only 210,867.52 210,360.80 236,829.80 187,945.36 186,736.58
MIC:RUAL
73GF Score
United Co RUSAL International PJSC MIC:RUAL
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Co RUSAL International PJSC 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 ₽186,737 Mil mean?
United Co RUSAL International PJSC (MIC:RUAL) has a Intangible Assets of ₽186,737 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on United Co RUSAL International PJSC and its competitors.
Is United Co RUSAL International PJSC's Intangible Assets too high?
United Co RUSAL International PJSC's current Intangible Assets is ₽186,737 Mil. Overall, United Co RUSAL International PJSC has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does United Co RUSAL International PJSC's Intangible Assets compare to AA and CENX?
United Co RUSAL International PJSC's Intangible Assets of ₽186,737 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Intangible Assets depends on the Metals & Mining 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 United Co RUSAL International PJSC and its competitors. United Co RUSAL International PJSC's current Intangible Assets is ₽186,737 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Co RUSAL International PJSC stock overvalued right now?
Based on GuruFocus' analysis, United Co RUSAL International PJSC (MIC:RUAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₽40.82, compared to a current price of ₽22.16 — trading 45.7% below its estimated fair value. The current Intangible Assets is ₽186,737 Mil. United Co RUSAL International PJSC's overall GF Score™ is 73/100 with 5 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 United Co RUSAL International PJSC (MIC:RUAL), the current Intangible Assets is ₽186,737 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 United Co RUSAL International PJSC (MIC:RUAL) Overvalued in 2026?

Based on GuruFocus' analysis, United Co RUSAL International PJSC stock appears to be undervalued. The current stock price of ₽22.16 is trading 45.7% below its estimated GF Value™ of ₽40.82. GuruFocus considers United Co RUSAL International PJSC to be Possible Value Trap.

Key valuation signals for MIC:RUAL:

  • Intangible Assets: ₽186,737 Mil
  • GF Value™: ₽40.82 vs. price of ₽22.16 (45.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


United Co RUSAL International PJSC Business Description

Other Exchanges 00486:Hong Kong
Address Oktyabrskaya Street 8, Office 410, Kaliningrad, RUS, 236006
United Co RUSAL International PJSC produces aluminium and aluminium products. Its products are primary aluminium, aluminium alloys, high-purity aluminium, wire rod, foil and packaging, aluminium powder, bauxite and alumina, silicon, gallium, corundum, and aluminium protectors. The Aluminium segment is a key revenue driver and covers the production and sale of primary aluminium and related products. Alumina segment encompasses the mining and refining of bauxite into alumina and the sale of alumina. The Energy segment comprises mining and sale of coal and generation and transmission of electricity produced from various sources. The mining and metals segment consists of equity investments in Norilsk Nickel. It has four segments Aluminium, Alumina, Energy and Mining, and Metals.
73GF Score

Get the complete analysis for MIC:RUAL

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

₽22.16
Price
₽40.82
GF Value