Magadanenergo PJSC (MIC:MAGE) Operating Income: ₽367 Mil (TTM As of Jun. 2023)

What is Magadanenergo PJSC Operating Income?

Magadanenergo PJSC MIC:MAGE -1.47% 17 Operating Income is ₽367 Mil as of Jun. 2023. GuruFocus rates MIC:MAGE with a GF Score™ of 17/100.

Magadanenergo PJSC's Operating Income for the six months ended in Jun. 2023 was ₽-1,006 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was ₽367 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Magadanenergo PJSC's Operating Income for the six months ended in Jun. 2023 was ₽-1,006 Mil. Magadanenergo PJSC's Revenue for the six months ended in Jun. 2023 was ₽6,467 Mil. Therefore, Magadanenergo PJSC's Operating Margin % for the quarter that ended in Jun. 2023 was -15.56%.

Magadanenergo PJSC's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Magadanenergo PJSC's annualized ROC % for the quarter that ended in Jun. 2023 was -12.37%. Magadanenergo PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -13.03%.

Magadanenergo PJSC (MIC:MAGE) Operating Income Explanation

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

Magadanenergo 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: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-2012 * ( 1 - 1.11% )	/	( (16125	+	16053)	/ 2 )
=	-1989.6668	/	16089
=	-12.37 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	18478	-	2311	-	( 42	-	max(0, 6962	-	8041	+	42	))
=	16125

	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	))
=	18431	-	2099	-	( 279	-	max(0, 5251	-	7707	+	279	))
=	16053

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:

Magadanenergo 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: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1390	/	( ( (9602 + max(1160, 0))	+	(9767 + max(801, 0)) )	/	2 )
=	-1390	/	( ( 10762	+	10568 )	/	2 )
=	-1390	/	10665
=	-13.03 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1888	+	2831	+	534)	-	(2311	+	0	+	1782)
=	1160

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1906	+	2423	+	100)	-	(2099	+	0	+	1529)
=	801

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. Operating Income is also linked to Operating Margin %:

Magadanenergo PJSC's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-1006	/	6467
	=	-15.56 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Magadanenergo PJSC Operating Income Related Terms

Magadanenergo PJSC Operating Income Historical Data

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The historical data trend for Magadanenergo PJSC's Operating Income can be seen below:

Magadanenergo PJSC Operating Income Chart

Magadanenergo PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Operating Income

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3,945.00

3,564.00

1,089.00

1,534.00

587.00

Magadanenergo PJSC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Operating Income	Get a 7-Day Free Trial															108.00	1,426.00	-786.00	1,373.00	-1,006.00

17GF Score

Magadanenergo PJSC MIC:MAGE

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Magadanenergo PJSC Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income 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 ₽367 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of ₽367 Mil mean?

Magadanenergo PJSC (MIC:MAGE) has a Operating Income of ₽367 Mil as of Jun. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Magadanenergo PJSC and its competitors.

Is Magadanenergo PJSC's Operating Income too high?

Magadanenergo PJSC's current Operating Income is ₽367 Mil. Overall, Magadanenergo PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does Magadanenergo PJSC's Operating Income compare to NEE and SO?

Magadanenergo PJSC's Operating Income of ₽367 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 Operating Income for an Utilities - Regulated company?

A good Operating Income depends on the Utilities - Regulated industry context. However, Operating Income 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 Operating Income mean?

A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Magadanenergo PJSC and its competitors. Magadanenergo PJSC's current Operating Income is ₽367 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Magadanenergo PJSC stock overvalued right now?

Magadanenergo PJSC (MIC:MAGE) has a current Operating Income of ₽367 Mil. The current Operating Income is ₽367 Mil. Magadanenergo PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Operating Income calculated?

Operating Income is calculated from a company's financial statements. For Magadanenergo PJSC (MIC:MAGE), the current Operating Income is ₽367 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.

Magadanenergo PJSC Business Description

Industry Utilities Utilities - Regulated

Comparable Companies MIC:STSB MIC:TASB MIC:KTSB MIC:TORS MIC:ASSB MIC:KLSB MIC:MRSB MIC:VGSB MIC:RZSB MIC:YKEN NEE SO DUK LSE:NG.PCG AEP EXC D XEL ED

Address 24 Sovetskaya Street, Magadan, RUS, 685017

Website http://www.magadanenergo.ru

Magadanenergo PJSC is a Russia-based company engaged in the production of electricity and heat, it's transmission and marketing to end-users, and carries out repair and commissioning work at power facilities.

17GF Score

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