Russia Commercial Roads Bank PJSC (MIC:RDRB) Return-on-Tangible-Equity: 13.87% (As of Sep. 2021)


MIC:RDRB Russia Commercial Roads Bank PJSC MIC:RDRB
17 GF Score
Price ₽104.80
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What is Russia Commercial Roads Bank PJSC Return-on-Tangible-Equity?

Russia Commercial Roads Bank PJSC MIC:RDRB -2.60% 17 Return-on-Tangible-Equity is 13.87% as of Sep. 2021. GuruFocus rates MIC:RDRB 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. Russia Commercial Roads Bank PJSC's annualized net income for the quarter that ended in Sep. 2021 was ₽335 Mil. Russia Commercial Roads Bank PJSC's average shareholder tangible equity for the quarter that ended in Sep. 2021 was ₽2,412 Mil. Therefore, Russia Commercial Roads Bank PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was 13.87%.

The historical rank and industry rank for Russia Commercial Roads Bank PJSC's Return-on-Tangible-Equity or its related term are showing as below:

MIC:RDRB's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 11.19
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Russia Commercial Roads Bank PJSC  (MIC:RDRB) 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.


Russia Commercial Roads Bank PJSC Return-on-Tangible-Equity Related Terms


Russia Commercial Roads Bank PJSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Russia Commercial Roads Bank 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.

Russia Commercial Roads Bank PJSC Return-on-Tangible-Equity Chart

Russia Commercial Roads Bank PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 15.67 13.56 7.93 9.74

Russia Commercial Roads Bank PJSC Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 20.92 14.96 0.81 16.56 13.87

MIC:RDRB vs USB, PNC, TFC: Return-on-Tangible-Equity Comparison

For the Banks - Regional subindustry, Russia Commercial Roads Bank 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.


Russia Commercial Roads Bank PJSC Return-on-Tangible-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Russia Commercial Roads Bank PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Russia Commercial Roads Bank PJSC's Return-on-Tangible-Equity falls into.


MIC:RDRB
17GF Score
Russia Commercial Roads Bank PJSC MIC:RDRB
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Russia Commercial Roads Bank PJSC Return-on-Tangible-Equity Calculation

Russia Commercial Roads Bank PJSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=245.166/( (2458.383+2577.007 )/ 2 )
=245.166/2517.695
=9.74 %

Russia Commercial Roads Bank PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=334.628/( (2394.965+2430.011)/ 2 )
=334.628/2412.488
=13.87 %

* 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. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 13.87% mean?
Russia Commercial Roads Bank PJSC (MIC:RDRB) has a Return-on-Tangible-Equity of 13.87% as of Sep. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Russia Commercial Roads Bank PJSC and its competitors.
Is Russia Commercial Roads Bank PJSC's Return-on-Tangible-Equity too high?
Russia Commercial Roads Bank PJSC's current Return-on-Tangible-Equity is 13.87%. The Banks industry median Return-on-Tangible-Equity is 11.19. Russia Commercial Roads Bank PJSC's value of 13.87% is 23.9% above this industry median. Overall, Russia Commercial Roads Bank PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Russia Commercial Roads Bank PJSC's Return-on-Tangible-Equity compare to USB and PNC?
Russia Commercial Roads Bank PJSC's Return-on-Tangible-Equity of 13.87% can be compared against companies in the Banks industry. The industry median Return-on-Tangible-Equity is 11.19. Russia Commercial Roads Bank PJSC's value of 13.87% is 23.9% 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,523 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. Russia Commercial Roads Bank PJSC's current Return-on-Tangible-Equity of 13.87% is 23.9% 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 Russia Commercial Roads Bank PJSC and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Russia Commercial Roads Bank PJSC's current Return-on-Tangible-Equity is 13.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Russia Commercial Roads Bank PJSC stock overvalued right now?
Russia Commercial Roads Bank PJSC (MIC:RDRB) has a current Return-on-Tangible-Equity of 13.87%. The current Return-on-Tangible-Equity is 13.87% and 23.9% above the Banks industry median of 11.19. Russia Commercial Roads Bank 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 Russia Commercial Roads Bank PJSC (MIC:RDRB), the current Return-on-Tangible-Equity is 13.87% as of Sep. 2021. 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.

Russia Commercial Roads Bank PJSC Business Description

Address 86, Dubininskaya street, Moscow, RUS, 115093
Russia Commercial Roads Bank PJSC, formerly Russian public joint-stock commercial roads Bank provides various financial services in Russia. The bank offers services to its corporate customers, retail customers, and other banks. Its product and services consist of cash management services, deposit banking, loans, trade financing, conversion services, correspondent account and purchase and sale of securities. The bank provides its services to road industry, farming, and transporting, industrial and housing construction, building materials, trade as well as to military industrial complex units. In addition, it is also engaged in small and medium-sized business lending program, mortgage programs for corporate customers, program of work with road enterprises and private banking service.
17GF 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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