Rosseti Centre And Volga Region PJSC (MIC:MRKP) Return-on-Tangible-Equity: 6.84% (As of Dec. 2023)


MIC:MRKP Rosseti Centre And Volga Region PJSC MIC:MRKP
59 GF Score
Price ₽0.43
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What is Rosseti Centre And Volga Region PJSC Return-on-Tangible-Equity?

Rosseti Centre And Volga Region PJSC MIC:MRKP -1.58% 59 Return-on-Tangible-Equity is 6.84% as of Dec. 2023. GuruFocus rates MIC:MRKP with a GF Score™ of 59/100.

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. Rosseti Centre And Volga Region PJSC's annualized net income for the quarter that ended in Dec. 2023 was ₽5,838 Mil. Rosseti Centre And Volga Region PJSC's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₽85,316 Mil. Therefore, Rosseti Centre And Volga Region PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 6.84%.

The historical rank and industry rank for Rosseti Centre And Volga Region PJSC's Return-on-Tangible-Equity or its related term are showing as below:

MIC:MRKP's Return-on-Tangible-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 10.9
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Rosseti Centre And Volga Region PJSC  (MIC:MRKP) 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.


Rosseti Centre And Volga Region PJSC Return-on-Tangible-Equity Related Terms


Rosseti Centre And Volga Region PJSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Rosseti Centre And Volga Region 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.

Rosseti Centre And Volga Region PJSC Return-on-Tangible-Equity Chart

Rosseti Centre And Volga Region PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.41 11.23 15.53 15.75 17.73

Rosseti Centre And Volga Region PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.52 33.48 14.99 15.40 6.84

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

For the Utilities - Regulated Electric subindustry, Rosseti Centre And Volga Region 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.


Rosseti Centre And Volga Region PJSC Return-on-Tangible-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Centre And Volga Region PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Rosseti Centre And Volga Region PJSC's Return-on-Tangible-Equity falls into.


MIC:MRKP
59GF Score
Rosseti Centre And Volga Region PJSC MIC:MRKP
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Rosseti Centre And Volga Region PJSC Return-on-Tangible-Equity Calculation

Rosseti Centre And Volga Region PJSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=14022.619/( (72561.152+85631.155 )/ 2 )
=14022.619/79096.1535
=17.73 %

Rosseti Centre And Volga Region PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=5837.656/( (85000.284+85631.155)/ 2 )
=5837.656/85315.7195
=6.84 %

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

What does a Return-on-Tangible-Equity of 6.84% mean?
Rosseti Centre And Volga Region PJSC (MIC:MRKP) has a Return-on-Tangible-Equity of 6.84% as of Dec. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Rosseti Centre And Volga Region PJSC and its competitors.
Is Rosseti Centre And Volga Region PJSC's Return-on-Tangible-Equity too high?
Rosseti Centre And Volga Region PJSC's current Return-on-Tangible-Equity is 6.84%. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Rosseti Centre And Volga Region PJSC's value of 6.84% is 37.2% below this industry median. Overall, Rosseti Centre And Volga Region PJSC has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Rosseti Centre And Volga Region PJSC's Return-on-Tangible-Equity compare to NEE and SO?
Rosseti Centre And Volga Region PJSC's Return-on-Tangible-Equity of 6.84% can be compared against companies in the Utilities - Regulated industry. The industry median Return-on-Tangible-Equity is 10.90. Rosseti Centre And Volga Region PJSC's value of 6.84% is 37.2% 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 10.90, based on 497 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. Rosseti Centre And Volga Region PJSC's current Return-on-Tangible-Equity of 6.84% is 37.2% 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 Rosseti Centre And Volga Region PJSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti Centre And Volga Region PJSC's current Return-on-Tangible-Equity is 6.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Centre And Volga Region PJSC stock overvalued right now?
Rosseti Centre And Volga Region PJSC (MIC:MRKP) has a current Return-on-Tangible-Equity of 6.84%. The current Return-on-Tangible-Equity is 6.84% and 37.2% below the Utilities - Regulated industry median of 10.90. Rosseti Centre And Volga Region PJSC's overall GF Score™ is 59/100. 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 Rosseti Centre And Volga Region PJSC (MIC:MRKP), the current Return-on-Tangible-Equity is 6.84% as of Dec. 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.

Rosseti Centre And Volga Region PJSC Business Description

Address 33 Rozhdestvenskaya Street, Nizhny Novgorod, Nizhny Novgorod, RUS, 603950
Rosseti Centre And Volga Region PJSC engages in the transmission and distribution of power in Russia. It offers power transmission and distribution services to electric grids located in Vladimir, Ivanovo, Kaluga, Kirov, Nizhny Novgorod, Ryazan, and Tula regions, as well as in the Republic of Mary El and the Republic of Udmurtia.
59GF 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.

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