Chelyabinsk Metallurgical Plant PAO (MIC:CHMK) Return-on-Tangible-Equity: 0.00% (As of Sep. 2023)

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MIC:CHMK Chelyabinsk Metallurgical Plant PAO MIC:CHMK
17 GF Score
Price ₽2,705.00
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What is Chelyabinsk Metallurgical Plant PAO Return-on-Tangible-Equity?

Chelyabinsk Metallurgical Plant PAO MIC:CHMK -1.28% 17 Return-on-Tangible-Equity is 0.00% as of Sep. 2023. GuruFocus rates MIC:CHMK 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 Metallurgical Plant PAO's annualized net income for the quarter that ended in Sep. 2023 was ₽0 Mil. Chelyabinsk Metallurgical Plant PAO's average shareholder tangible equity for the quarter that ended in Sep. 2023 was ₽84,320 Mil. Therefore, Chelyabinsk Metallurgical Plant PAO's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 0.00%.

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

MIC:CHMK's Return-on-Tangible-Equity is not ranked *
in the Steel industry.
Industry Median: 4.05
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Chelyabinsk Metallurgical Plant PAO  (MIC:CHMK) 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 Metallurgical Plant PAO Return-on-Tangible-Equity Related Terms


Chelyabinsk Metallurgical Plant PAO Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Chelyabinsk Metallurgical Plant PAO'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 Metallurgical Plant PAO Return-on-Tangible-Equity Chart

Chelyabinsk Metallurgical Plant PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.03 9.10 10.15 -0.92 14.56

Chelyabinsk Metallurgical Plant PAO Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 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 3.87 -15.63 -74.08 0.00 0.00

MIC:CHMK vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison

For the Steel subindustry, Chelyabinsk Metallurgical Plant PAO'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 Metallurgical Plant PAO Return-on-Tangible-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Chelyabinsk Metallurgical Plant PAO's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Chelyabinsk Metallurgical Plant PAO's Return-on-Tangible-Equity falls into.


MIC:CHMK
17GF Score
Chelyabinsk Metallurgical Plant PAO MIC:CHMK
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Chelyabinsk Metallurgical Plant PAO Return-on-Tangible-Equity Calculation

Chelyabinsk Metallurgical Plant PAO's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=8897.15/( (54641.222+67591.501 )/ 2 )
=8897.15/61116.3615
=14.56 %

Chelyabinsk Metallurgical Plant PAO'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: Sep. 2022 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=0/( (91397.619+77242.089)/ 2 )
=0/84319.854
=0.00 %

* 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 0.00% mean?
Chelyabinsk Metallurgical Plant PAO (MIC:CHMK) has a Return-on-Tangible-Equity of 0.00% 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 Metallurgical Plant PAO and its competitors.
Is Chelyabinsk Metallurgical Plant PAO's Return-on-Tangible-Equity too high?
Chelyabinsk Metallurgical Plant PAO's current Return-on-Tangible-Equity is 0.00%. Overall, Chelyabinsk Metallurgical Plant PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Chelyabinsk Metallurgical Plant PAO's Return-on-Tangible-Equity compare to NUE and STLD?
Chelyabinsk Metallurgical Plant PAO's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Steel industry. The industry median Return-on-Tangible-Equity is 4.05. 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.05, based on 615 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. 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 Metallurgical Plant PAO and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chelyabinsk Metallurgical Plant PAO's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chelyabinsk Metallurgical Plant PAO stock overvalued right now?
Chelyabinsk Metallurgical Plant PAO (MIC:CHMK) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Chelyabinsk Metallurgical Plant PAO'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 Metallurgical Plant PAO (MIC:CHMK), the current Return-on-Tangible-Equity is 0.00% 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 Metallurgical Plant PAO Business Description

Address 2-ya Paveletskaya street, Chelyabinsk region, Chelyabinsk, RUS, 454047
Chelyabinsk Metallurgical Plant PAO is a steel manufacturer. It produces rolled products and semi-finished products for milling in Russia. The company also provides coal, iron ore, steel, rolled products, ferroalloys, heat and electric power. Its products are marketed domestically and internationally.
17GF Score

Get the complete analysis for MIC:CHMK

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

₽2,705.00
Price