Mobile TeleSystems PJSC (MIC:MTSS) Operating Income: ₽49,577 Mil (TTM As of Mar. 2023)


MIC:MTSS Mobile TeleSystems PJSC MIC:MTSS
17 GF Score
Price ₽215.00
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What is Mobile TeleSystems PJSC Operating Income?

Mobile TeleSystems PJSC MIC:MTSS -1.42% 17 Operating Income is ₽49,577 Mil as of Mar. 2023. GuruFocus rates MIC:MTSS with a GF Score™ of 17/100.

Mobile TeleSystems PJSC's Operating Income for the three months ended in Mar. 2023 was ₽27,909 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was ₽49,577 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mobile TeleSystems PJSC's Operating Income for the three months ended in Mar. 2023 was ₽27,909 Mil. Mobile TeleSystems PJSC's Revenue for the three months ended in Mar. 2023 was ₽139,602 Mil. Therefore, Mobile TeleSystems PJSC's Operating Margin % for the quarter that ended in Mar. 2023 was 19.99%.

Mobile TeleSystems 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. Mobile TeleSystems PJSC's annualized ROC % for the quarter that ended in Mar. 2023 was 6.93%. Mobile TeleSystems PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 26.73%.

Mobile TeleSystems PJSC  (MIC:MTSS) Operating Income Explanation

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

Mobile TeleSystems PJSC's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=111636 * ( 1 - 20.51% )/( (1261625 + 1301052)/ 2 )
=88739.4564/1281338.5
=6.93 %

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))
=1082930 - 71767 - ( 222864 - max(0, 551345 - 300883+222864))
=1261625

Invested Capital(Q: Mar. 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))
=1086721 - 73342 - ( 209870 - max(0, 572985 - 285312+209870))
=1301052

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) data.

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

Mobile TeleSystems PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=115096/( ( (432701 + max(-335971, 0)) + (428358 + max(-352851, 0)) )/ 2 )
=115096/( ( 432701 + 428358 )/ 2 )
=115096/430529.5
=26.73 %

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)
=(29362 + 14199 + 34458) - (71767 + 26082 + 316141)
=-335971

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42021 + 13057 + 20364) - (73342 + 25705 + 329246)
=-352851

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Mobile TeleSystems PJSC's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=27909/139602
=19.99 %

* 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.

Mobile TeleSystems PJSC Operating Income Related Terms

Mobile TeleSystems PJSC Operating Income Historical Data

* Premium members only.

The historical data trend for Mobile TeleSystems PJSC's Operating Income 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.

Mobile TeleSystems PJSC Operating Income Chart

Mobile TeleSystems PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110,265.00 118,569.00 109,578.00 112,430.00 105,330.00

Mobile TeleSystems PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
Operating Income 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 24,262.00 25,517.00 21,668.00 0.00 27,909.00
MIC:MTSS
17GF Score
Mobile TeleSystems PJSC MIC:MTSS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Mobile TeleSystems 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽49,577 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 Operating Income →
What does a Operating Income of ₽49,577 Mil mean?
Mobile TeleSystems PJSC (MIC:MTSS) has a Operating Income of ₽49,577 Mil as of Mar. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Mobile TeleSystems PJSC and its competitors.
Is Mobile TeleSystems PJSC's Operating Income too high?
Mobile TeleSystems PJSC's current Operating Income is ₽49,577 Mil. Overall, Mobile TeleSystems PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mobile TeleSystems PJSC's Operating Income compare to TMUS and VZ?
Mobile TeleSystems PJSC's Operating Income of ₽49,577 Mil can be compared against companies in the Telecommunication Services 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 a Telecommunication Services company?
A good Operating Income depends on the Telecommunication Services 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 Mobile TeleSystems PJSC and its competitors. Mobile TeleSystems PJSC's current Operating Income is ₽49,577 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobile TeleSystems PJSC stock overvalued right now?
Mobile TeleSystems PJSC (MIC:MTSS) has a current Operating Income of ₽49,577 Mil. The current Operating Income is ₽49,577 Mil. Mobile TeleSystems 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 Mobile TeleSystems PJSC (MIC:MTSS), the current Operating Income is ₽49,577 Mil as of Mar. 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.

Mobile TeleSystems PJSC Business Description

Address 4 Marksistskaya Street, Moscow, RUS, 109147
Mobile TeleSystems PJSC is a wireless telephone operator in Russia. The company is a large provider of fixed-line broadband and pay-TV services in the country, with a strong fixed-line presence in Moscow. The company's segment includes Telecom; Fintech and others. It generates maximum revenue from the Telecom segment.
17GF Score

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

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