Territorial Generating Co No 1 PJSC (MIC:TGKA) Return-on-Tangible-Asset: -1.62% (As of Sep. 2023)

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What is Territorial Generating Co No 1 PJSC Return-on-Tangible-Asset?

Territorial Generating Co No 1 PJSC MIC:TGKA +0.34% Return-on-Tangible-Asset is -1.62% as of Sep. 2023.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Territorial Generating Co No 1 PJSC's annualized Net Income for the quarter that ended in Sep. 2023 was ₽-3,208 Mil. Territorial Generating Co No 1 PJSC's average total tangible assets for the quarter that ended in Sep. 2023 was ₽198,135 Mil. Therefore, Territorial Generating Co No 1 PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was -1.62%.

The historical rank and industry rank for Territorial Generating Co No 1 PJSC's Return-on-Tangible-Asset or its related term are showing as below:

MIC:TGKA's Return-on-Tangible-Asset is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.305
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Territorial Generating Co No 1 PJSC  (MIC:TGKA) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Territorial Generating Co No 1 PJSC Return-on-Tangible-Asset Related Terms


Territorial Generating Co No 1 PJSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Territorial Generating Co No 1 PJSC's Return-on-Tangible-Asset 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.

Territorial Generating Co No 1 PJSC Return-on-Tangible-Asset Chart

Territorial Generating Co No 1 PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 6.17 5.17 4.40 3.50

Territorial Generating Co No 1 PJSC Quarterly Data
Jun17 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
Return-on-Tangible-Asset 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 13.10 1.66 0.00 0.30 -1.62

MIC:TGKA vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison

For the Utilities - Regulated Electric subindustry, Territorial Generating Co No 1 PJSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Territorial Generating Co No 1 PJSC Return-on-Tangible-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Territorial Generating Co No 1 PJSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Territorial Generating Co No 1 PJSC's Return-on-Tangible-Asset falls into.



Territorial Generating Co No 1 PJSC Return-on-Tangible-Asset Calculation

Territorial Generating Co No 1 PJSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=6606/( (186928+190750)/ 2 )
=6606/188839
=3.50 %

Territorial Generating Co No 1 PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-3208/( (197939+198331)/ 2 )
=-3208/198135
=-1.62 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2023) net income data.

What does a Return-on-Tangible-Asset of -1.62% mean?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a Return-on-Tangible-Asset of -1.62% as of Sep. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Territorial Generating Co No 1 PJSC and its competitors.
Is Territorial Generating Co No 1 PJSC's Return-on-Tangible-Asset too high?
Territorial Generating Co No 1 PJSC's current Return-on-Tangible-Asset is -1.62%.
How does Territorial Generating Co No 1 PJSC's Return-on-Tangible-Asset compare to NEE and SO?
Territorial Generating Co No 1 PJSC's Return-on-Tangible-Asset of -1.62% can be compared against companies in the Utilities - Regulated industry. The industry median Return-on-Tangible-Asset is 3.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Territorial Generating Co No 1 PJSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Territorial Generating Co No 1 PJSC's current Return-on-Tangible-Asset is -1.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Territorial Generating Co No 1 PJSC stock overvalued right now?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a current Return-on-Tangible-Asset of -1.62%. The current Return-on-Tangible-Asset is -1.62%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Territorial Generating Co No 1 PJSC (MIC:TGKA), the current Return-on-Tangible-Asset is -1.62% as of Sep. 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.

Territorial Generating Co No 1 PJSC Business Description

Address 16 Dobrolyubova Prospect, 2A Building, Litera A, Arena Hall Business Centre, Saint Petersburg, RUS, 197198
Territorial Generating Co No 1 PJSC is involved in the production of electricity and heat in the North-West region of Russia. It operates approximately 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast. The company's operating segment includes TPP of Nevsky branch, HPS of Nevsky branch. Heating Grid, Kolsky branch, Karelsky branch and Murmanskaya TPP. It generates maximum revenue from the TPP of Nevsky branch.