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. Yakovlev PJSC's annualized net income for the quarter that ended in Jun. 2023 was ₽24,832 Mil. Yakovlev PJSC's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ₽65,193 Mil. Therefore, Yakovlev PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 38.09%.
The historical rank and industry rank for Yakovlev PJSC's Return-on-Tangible-Equity or its related term are showing as below:
MIC:IRKT's Return-on-Tangible-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.195 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Yakovlev PJSC Return-on-Tangible-Equity Related Terms
Yakovlev PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Yakovlev 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.
MIC:IRKT vs RTX, LMT, BA: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Yakovlev 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.
Yakovlev PJSC Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Yakovlev PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Yakovlev PJSC's Return-on-Tangible-Equity falls into.
* 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 38.09% mean?
Yakovlev PJSC (MIC:IRKT) has a Return-on-Tangible-Equity of 38.09% 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 Yakovlev PJSC and its competitors.
Is Yakovlev PJSC's Return-on-Tangible-Equity too high?
Yakovlev PJSC's current Return-on-Tangible-Equity is 38.09%. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.20. Yakovlev PJSC's value of 38.09% is 364.8% above this industry median. Overall, Yakovlev PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Yakovlev PJSC's Return-on-Tangible-Equity compare to RTX and LMT?
Yakovlev PJSC's Return-on-Tangible-Equity of 38.09% can be compared against companies in the Aerospace & Defense industry. The industry median Return-on-Tangible-Equity is 8.20. Yakovlev PJSC's value of 38.09% is 364.8% 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 Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.20, based on 334 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. Yakovlev PJSC's current Return-on-Tangible-Equity of 38.09% is 364.8% 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 Yakovlev PJSC and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yakovlev PJSC's current Return-on-Tangible-Equity is 38.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yakovlev PJSC stock overvalued right now?
Yakovlev PJSC (MIC:IRKT) has a current Return-on-Tangible-Equity of 38.09%. The current Return-on-Tangible-Equity is 38.09% and 364.8% above the Aerospace & Defense industry median of 8.20. Yakovlev 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 Yakovlev PJSC (MIC:IRKT), the current Return-on-Tangible-Equity is 38.09% 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.
Yakovlev PJSC Formerly Irkut Corporation is engaged in manufacturing of military and civil aircraft under contracts with Russian and Foreign Governments. In addition, it is also engaged in rendering services related to research & development of military and civil aircraft. Geographically the activities are operated through the region of Moscow, Russia.
17GF Score
Get the complete analysis for MIC:IRKT
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIC:IRKT has been successfully added to your 
