Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) Return-on-Tangible-Equity: 173.46% (As of Sep. 2023)

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MIC:CHKZ Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ
17 GF Score
Price ₽14,800.00
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What is Chelyabinsk Forge-and-Press Plant PJSC Return-on-Tangible-Equity?

Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ -1.99% 17 Return-on-Tangible-Equity is 173.46% as of Sep. 2023. GuruFocus rates MIC:CHKZ with a GF Score™ of 17/100.

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. Chelyabinsk Forge-and-Press Plant PJSC's annualized net income for the quarter that ended in Sep. 2023 was ₽6,969 Mil. Chelyabinsk Forge-and-Press Plant PJSC's average shareholder tangible equity for the quarter that ended in Sep. 2023 was ₽4,018 Mil. Therefore, Chelyabinsk Forge-and-Press Plant PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 173.46%.

The historical rank and industry rank for Chelyabinsk Forge-and-Press Plant PJSC's Return-on-Tangible-Equity or its related term are showing as below:

MIC:CHKZ's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 6.72
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Chelyabinsk Forge-and-Press Plant PJSC  (MIC:CHKZ) 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.


Chelyabinsk Forge-and-Press Plant PJSC Return-on-Tangible-Equity Related Terms


Chelyabinsk Forge-and-Press Plant PJSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Chelyabinsk Forge-and-Press Plant 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.

Chelyabinsk Forge-and-Press Plant PJSC Return-on-Tangible-Equity Chart

Chelyabinsk Forge-and-Press Plant 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 12.69 12.18 11.56 29.81 6.72

Chelyabinsk Forge-and-Press Plant PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1.43 -37.84 66.00 84.30 173.46

MIC:CHKZ vs ATI, MLI, ESAB: Return-on-Tangible-Equity Comparison

For the Metal Fabrication subindustry, Chelyabinsk Forge-and-Press Plant 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.


Chelyabinsk Forge-and-Press Plant PJSC Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chelyabinsk Forge-and-Press Plant PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Chelyabinsk Forge-and-Press Plant PJSC's Return-on-Tangible-Equity falls into.


MIC:CHKZ
17GF Score
Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Chelyabinsk Forge-and-Press Plant PJSC Return-on-Tangible-Equity Calculation

Chelyabinsk Forge-and-Press Plant 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 )
=150.381/( (2221.163+2254.735 )/ 2 )
=150.381/2237.949
=6.72 %

Chelyabinsk Forge-and-Press Plant PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=6969.356/( (3182.708+4853.076)/ 2 )
=6969.356/4017.892
=173.46 %

* 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 four times the quarterly (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 173.46% mean?
Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) has a Return-on-Tangible-Equity of 173.46% as of Sep. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Chelyabinsk Forge-and-Press Plant PJSC and its competitors.
Is Chelyabinsk Forge-and-Press Plant PJSC's Return-on-Tangible-Equity too high?
Chelyabinsk Forge-and-Press Plant PJSC's current Return-on-Tangible-Equity is 173.46%. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Chelyabinsk Forge-and-Press Plant PJSC's value of 173.46% is 2481.3% above this industry median. Overall, Chelyabinsk Forge-and-Press Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Chelyabinsk Forge-and-Press Plant PJSC's Return-on-Tangible-Equity compare to ATI and MLI?
Chelyabinsk Forge-and-Press Plant PJSC's Return-on-Tangible-Equity of 173.46% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Equity is 6.72. Chelyabinsk Forge-and-Press Plant PJSC's value of 173.46% is 2481.3% above 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. Chelyabinsk Forge-and-Press Plant PJSC's current Return-on-Tangible-Equity of 173.46% is 2481.3% above 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 Chelyabinsk Forge-and-Press Plant PJSC and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chelyabinsk Forge-and-Press Plant PJSC's current Return-on-Tangible-Equity is 173.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chelyabinsk Forge-and-Press Plant PJSC stock overvalued right now?
Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) has a current Return-on-Tangible-Equity of 173.46%. The current Return-on-Tangible-Equity is 173.46% and 2481.3% above the Industrial Products industry median of 6.72. Chelyabinsk Forge-and-Press Plant 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ), the current Return-on-Tangible-Equity is 173.46% 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.

Chelyabinsk Forge-and-Press Plant PJSC Business Description

Address 12 Gorelova Street, Chelyabinsk, RUS, 454012
Chelyabinsk Forge-and-Press Plant PJSC is a forging company. The company's products include forgings and stampings, finished pipeline fittings, parts of automotive and agricultural applications, wheels and special purpose vehicles.
17GF Score

Get the complete analysis for MIC:CHKZ

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

₽14,800.00
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