Saratovenergo PJSCMIC:SARE +0.93%33 Return-on-Tangible-Equity is 98.96% as of Dec. 2024, which is 773% above its 10-year median of 11.34. GuruFocus rates MIC:SARE with a GF Score™ of 33/100 and a GF Value™ of ₽0.46 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 496 Utilities - Regulated companies, Saratovenergo PJSC ranks better than 90.52% on this metric.
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. Saratovenergo PJSC's annualized net income for the quarter that ended in Dec. 2024 was ₽948 Mil. Saratovenergo PJSC's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₽958 Mil. Therefore, Saratovenergo PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 98.96%.
The historical rank and industry rank for Saratovenergo PJSC's Return-on-Tangible-Equity or its related term are showing as below:
MIC:SARE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.1 Med: 11.34 Max: 191.09
Current: 98.96
During the past 13 years, Saratovenergo PJSC's highest Return-on-Tangible-Equity was 191.09%. The lowest was 3.10%. And the median was 11.34%.
MIC:SARE's Return-on-Tangible-Equity is ranked better than 90.52% of 496
companies
in the Utilities - Regulated industry
Industry Median: 10.935
vs MIC:SARE: 98.96
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.
Saratovenergo PJSC Return-on-Tangible-Equity Related Terms
Saratovenergo PJSC Return-on-Tangible-Equity Historical Data
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The historical data trend for Saratovenergo 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:SARE vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Saratovenergo 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.
Saratovenergo PJSC Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Saratovenergo PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Saratovenergo 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 one times the annual (Dec. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 98.96% mean?
Saratovenergo PJSC (MIC:SARE) has a Return-on-Tangible-Equity of 98.96% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Saratovenergo PJSC and its competitors. This is 773% above median its historical median of 11.34. Over the past decade, Saratovenergo PJSC's Return-on-Tangible-Equity has ranged from 3.10 to 191.09. According to the industry distribution chart, Saratovenergo PJSC ranks #47 out of 496 companies in the Utilities - Regulated industry, placing it in the top 9.5%.
Is Saratovenergo PJSC's Return-on-Tangible-Equity too high?
Saratovenergo PJSC's current Return-on-Tangible-Equity of 98.96% is 773% above median its 10-year median of 11.34. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 191.09. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.94. Saratovenergo PJSC's value of 98.96% is 805% above this industry median. Based on the distribution chart, Saratovenergo PJSC ranks #47 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Saratovenergo PJSC has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saratovenergo PJSC's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Saratovenergo PJSC ranks #47 out of 496 companies for Return-on-Tangible-Equity. This places Saratovenergo PJSC in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.94. Saratovenergo PJSC's value of 98.96% is 805% above this benchmark. Historically, Saratovenergo PJSC's own Return-on-Tangible-Equity has ranged from 3.10 to 191.09 over the past decade. While the company's 10-year median is 11.34 vs. the industry median of 10.94, Saratovenergo PJSC has consistently been above the industry average. 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 10.94, based on 496 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. Saratovenergo PJSC's current Return-on-Tangible-Equity of 98.96% is 805% 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 Saratovenergo PJSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saratovenergo PJSC's current Return-on-Tangible-Equity is 98.96%, which is 773% above median its own 10-year median of 11.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saratovenergo PJSC stock overvalued right now?
Based on GuruFocus' analysis, Saratovenergo PJSC (MIC:SARE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₽0.46, compared to a current price of ₽0.65 — trading 40.9% above its estimated fair value. The current Return-on-Tangible-Equity is 98.96%, which is 773% above median its 10-year median of 11.34 and 805% above the Utilities - Regulated industry median of 10.94. Saratovenergo PJSC's overall GF Score™ is 33/100 with 1 warning sign to review. 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 Saratovenergo PJSC (MIC:SARE), the current Return-on-Tangible-Equity is 98.96% as of Dec. 2024. 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.
Is Saratovenergo PJSC (MIC:SARE) Overvalued in 2026?
Based on GuruFocus' analysis, Saratovenergo PJSC stock appears to be overvalued.
The current stock price of ₽0.65 is trading 40.9% above its estimated GF Value™ of ₽0.46.
GuruFocus considers Saratovenergo PJSC to be Significantly Overvalued.
Key valuation signals for MIC:SARE:
Return-on-Tangible-Equity: 98.96% (773% above median its 10-year median of 11.34)
GF Value™: ₽0.46 vs. price of ₽0.65 (40.9% above fair value)
Industry Position: 805% above the Utilities - Regulated median (#47 of 496)
No single metric tells the full story. See the MIC:SARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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