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. Raspadskaya PJSC's annualized net income for the quarter that ended in Dec. 2023 was ₽23,018 Mil. Raspadskaya PJSC's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₽195,781 Mil. Therefore, Raspadskaya PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 11.76%.
The historical rank and industry rank for Raspadskaya PJSC's Return-on-Tangible-Equity or its related term are showing as below:
MIC:RASP's Return-on-Tangible-Equity is not ranked *
in the Steel industry.
Industry Median: 3.93 * 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.
Raspadskaya PJSC Return-on-Tangible-Equity Related Terms
Raspadskaya PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Raspadskaya 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:RASP vs HCC, AMR, SXC: Return-on-Tangible-Equity Comparison
For the Coking Coal subindustry, Raspadskaya 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.
Raspadskaya PJSC Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Raspadskaya PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Raspadskaya 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 (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 11.76% mean?
Raspadskaya PJSC (MIC:RASP) has a Return-on-Tangible-Equity of 11.76% 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 Raspadskaya PJSC and its competitors.
Is Raspadskaya PJSC's Return-on-Tangible-Equity too high?
Raspadskaya PJSC's current Return-on-Tangible-Equity is 11.76%. The Steel industry median Return-on-Tangible-Equity is 3.93. Raspadskaya PJSC's value of 11.76% is 199.2% above this industry median. Overall, Raspadskaya PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Raspadskaya PJSC's Return-on-Tangible-Equity compare to HCC and AMR?
Raspadskaya PJSC's Return-on-Tangible-Equity of 11.76% can be compared against companies in the Steel industry. The industry median Return-on-Tangible-Equity is 3.93. Raspadskaya PJSC's value of 11.76% is 199.2% 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 a Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.93, 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. Raspadskaya PJSC's current Return-on-Tangible-Equity of 11.76% is 199.2% 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 Raspadskaya PJSC and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raspadskaya PJSC's current Return-on-Tangible-Equity is 11.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raspadskaya PJSC stock overvalued right now?
Raspadskaya PJSC (MIC:RASP) has a current Return-on-Tangible-Equity of 11.76%. The current Return-on-Tangible-Equity is 11.76% and 199.2% above the Steel industry median of 3.93. Raspadskaya 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 Raspadskaya PJSC (MIC:RASP), the current Return-on-Tangible-Equity is 11.76% 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.
Raspadskaya PJSC is a coking coal producer in Russia. Its activities include mining, processing, and trading of coking coal. The company and its subsidiaries derive its revenues from sales of coking coal. Other revenue sources include sales of other goods, transport handling, and other services. The company generates most of its sales from Russia. The company's end consumers are high domestic and foreign steel and coke producers. It operates in Russia, Asia-Pacific, and Europe, out of which the majority of the revenue is generated from Russia.
17GF Score
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