Abrau-Durso PJSC (MIC:ABRD) Return-on-Tangible-Equity: 1.97% (As of Jun. 2023)

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MIC:ABRD Abrau-Durso PJSC MIC:ABRD
11 GF Score
Price ₽103.60
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What is Abrau-Durso PJSC Return-on-Tangible-Equity?

Abrau-Durso PJSC MIC:ABRD -5.30% 11 Return-on-Tangible-Equity is 1.97% as of Jun. 2023. GuruFocus rates MIC:ABRD with a GF Score™ of 11/100.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Abrau-Durso PJSC's annualized net income for the quarter that ended in Jun. 2023 was ₽244 Mil. Abrau-Durso PJSC's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ₽12,343 Mil. Therefore, Abrau-Durso PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 1.97%.

The historical rank and industry rank for Abrau-Durso PJSC's Return-on-Tangible-Equity or its related term are showing as below:

MIC:ABRD's Return-on-Tangible-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 8.51
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Abrau-Durso PJSC  (MIC:ABRD) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Abrau-Durso PJSC Return-on-Tangible-Equity Related Terms


Abrau-Durso PJSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Abrau-Durso PJSC's Return-on-Tangible-Equity 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.

Abrau-Durso PJSC Return-on-Tangible-Equity Chart

Abrau-Durso PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.22 14.92 11.49 12.72 14.76

Abrau-Durso PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Equity 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 -3.25 28.72 -2.29 32.27 1.97

MIC:ABRD vs STZ, BF.B: Return-on-Tangible-Equity Comparison

For the Beverages - Wineries & Distilleries subindustry, Abrau-Durso PJSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Abrau-Durso PJSC Return-on-Tangible-Equity vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Abrau-Durso PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Abrau-Durso PJSC's Return-on-Tangible-Equity falls into.


MIC:ABRD
11GF Score
Abrau-Durso PJSC MIC:ABRD
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Abrau-Durso PJSC Return-on-Tangible-Equity Calculation

Abrau-Durso PJSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=1752.092/( (11176.41+12561.869 )/ 2 )
=1752.092/11869.1395
=14.76 %

Abrau-Durso PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=243.678/( (12561.869+12124.647)/ 2 )
=243.678/12343.258
=1.97 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 1.97% mean?
Abrau-Durso PJSC (MIC:ABRD) has a Return-on-Tangible-Equity of 1.97% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Abrau-Durso PJSC and its competitors.
Is Abrau-Durso PJSC's Return-on-Tangible-Equity too high?
Abrau-Durso PJSC's current Return-on-Tangible-Equity is 1.97%. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.51. Abrau-Durso PJSC's value of 1.97% is 76.9% below this industry median. Overall, Abrau-Durso PJSC has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Abrau-Durso PJSC's Return-on-Tangible-Equity compare to STZ and BF.B?
Abrau-Durso PJSC's Return-on-Tangible-Equity of 1.97% can be compared against companies in the Beverages - Alcoholic industry. The industry median Return-on-Tangible-Equity is 8.51. Abrau-Durso PJSC's value of 1.97% is 76.9% below this benchmark. 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-Equity for a Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.51, based on 200 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Abrau-Durso PJSC's current Return-on-Tangible-Equity of 1.97% is 76.9% below the industry median. 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Abrau-Durso PJSC and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abrau-Durso PJSC's current Return-on-Tangible-Equity is 1.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abrau-Durso PJSC stock overvalued right now?
Abrau-Durso PJSC (MIC:ABRD) has a current Return-on-Tangible-Equity of 1.97%. The current Return-on-Tangible-Equity is 1.97% and 76.9% below the Beverages - Alcoholic industry median of 8.51. Abrau-Durso PJSC's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Abrau-Durso PJSC (MIC:ABRD), the current Return-on-Tangible-Equity is 1.97% 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.

Abrau-Durso PJSC Business Description

Address 43A, Sevastopolsky Prospect, Building 2, Moscow, RUS, 117186
Abrau-Durso PJSC is a Russian Federation-based which is engaged in the production and sale of sparkling wine under the names Abrau - Durso, Abrau and VICTOR DRAVIGNY. The company also provides public catering and hotel services.
11GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽103.60
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