Kurgan Generating Company PJSC (MIC:KGKC) Return-on-Tangible-Equity: 10.33% (As of Jun. 2023)

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What is Kurgan Generating Company PJSC Return-on-Tangible-Equity?

Kurgan Generating Company PJSC MIC:KGKC -0.92% 17 Return-on-Tangible-Equity is 10.33% as of Jun. 2023. GuruFocus rates MIC:KGKC 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. Kurgan Generating Company PJSC's annualized net income for the quarter that ended in Jun. 2023 was ₽637 Mil. Kurgan Generating Company PJSC's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ₽6,170 Mil. Therefore, Kurgan Generating Company PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 10.33%.

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

MIC:KGKC's Return-on-Tangible-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 10.91
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Kurgan Generating Company PJSC  (MIC:KGKC) 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.


Kurgan Generating Company PJSC Return-on-Tangible-Equity Related Terms


Kurgan Generating Company PJSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Kurgan Generating Company 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.

Kurgan Generating Company PJSC Return-on-Tangible-Equity Chart

Kurgan Generating Company 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 1.50 0.77 6.64 3.69 6.04

Kurgan Generating Company PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 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 6.01 1.41 4.38 7.09 10.33

MIC:KGKC vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison

For the Utilities - Regulated Electric subindustry, Kurgan Generating Company 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.


Kurgan Generating Company PJSC Return-on-Tangible-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kurgan Generating Company PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kurgan Generating Company PJSC's Return-on-Tangible-Equity falls into.



Kurgan Generating Company PJSC Return-on-Tangible-Equity Calculation

Kurgan Generating Company 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 )
=322.852/( (4680.601+6010.807 )/ 2 )
=322.852/5345.704
=6.04 %

Kurgan Generating Company 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 )
=637.344/( (6010.807+6329.21)/ 2 )
=637.344/6170.0085
=10.33 %

* 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 10.33% mean?
Kurgan Generating Company PJSC (MIC:KGKC) has a Return-on-Tangible-Equity of 10.33% 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 Kurgan Generating Company PJSC and its competitors.
Is Kurgan Generating Company PJSC's Return-on-Tangible-Equity too high?
Kurgan Generating Company PJSC's current Return-on-Tangible-Equity is 10.33%. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. Kurgan Generating Company PJSC's value of 10.33% is 5.3% below this industry median. Overall, Kurgan Generating Company PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kurgan Generating Company PJSC's Return-on-Tangible-Equity compare to NEE and SO?
Kurgan Generating Company PJSC's Return-on-Tangible-Equity of 10.33% can be compared against companies in the Utilities - Regulated industry. The industry median Return-on-Tangible-Equity is 10.91. Kurgan Generating Company PJSC's value of 10.33% is 5.3% 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 an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.91, based on 498 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. Kurgan Generating Company PJSC's current Return-on-Tangible-Equity of 10.33% is 5.3% 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 Kurgan Generating Company PJSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kurgan Generating Company PJSC's current Return-on-Tangible-Equity is 10.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurgan Generating Company PJSC stock overvalued right now?
Kurgan Generating Company PJSC (MIC:KGKC) has a current Return-on-Tangible-Equity of 10.33%. The current Return-on-Tangible-Equity is 10.33% and 5.3% below the Utilities - Regulated industry median of 10.91. Kurgan Generating Company 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 Kurgan Generating Company PJSC (MIC:KGKC), the current Return-on-Tangible-Equity is 10.33% 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.

Kurgan Generating Company PJSC Business Description

Address Building 29A, Constitution Avenue, Kurgan, RUS, 640000
Kurgan Generating Company PJSC formerly Kurganskaya Generiruyushchaya Kompaniya PAO produces electrical and heat energy. The company supplies electricity and power to the wholesale market, as well as supplies thermal energy to the consumers.