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. Severstal PAO's annualized net income for the quarter that ended in Dec. 2023 was $1,964 Mil. Severstal PAO's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $6,442 Mil. Therefore, Severstal PAO's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 30.48%.
The historical rank and industry rank for Severstal PAO's Return-on-Tangible-Equity or its related term are showing as below:
SVJTY'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.
Severstal PAO (OTCPK:SVJTY) 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.
Severstal PAO Return-on-Tangible-Equity Related Terms
Severstal PAO Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Severstal PAO'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.
SVJTY vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Severstal PAO'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.
Severstal PAO Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Severstal PAO's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Severstal PAO'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 30.48% mean?
Severstal PAO (SVJTY) has a Return-on-Tangible-Equity of 30.48% 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 Severstal PAO and its competitors.
Is Severstal PAO's Return-on-Tangible-Equity too high?
Severstal PAO's current Return-on-Tangible-Equity is 30.48%. The Steel industry median Return-on-Tangible-Equity is 3.93. Severstal PAO's value of 30.48% is 675.6% above this industry median. Overall, Severstal PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Severstal PAO's Return-on-Tangible-Equity compare to NUE and STLD?
Severstal PAO's Return-on-Tangible-Equity of 30.48% can be compared against companies in the Steel industry. The industry median Return-on-Tangible-Equity is 3.93. Severstal PAO's value of 30.48% is 675.6% 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 616 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. Severstal PAO's current Return-on-Tangible-Equity of 30.48% is 675.6% 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 Severstal PAO 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. Severstal PAO's current Return-on-Tangible-Equity is 30.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Severstal PAO stock overvalued right now?
Severstal PAO (SVJTY) has a current Return-on-Tangible-Equity of 30.48%. The current Return-on-Tangible-Equity is 30.48% and 675.6% above the Steel industry median of 3.93. Severstal PAO'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 Severstal PAO (SVJTY), the current Return-on-Tangible-Equity is 30.48% 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.
Severstal PAO is a vertically integrated steel and mining company in Russia. The company has two operating divisions: Severstal Resources and Severstal Russian Steel. Its core asset is the Cherepovets steel mill, which is located within easy access of the company's mining operations, the Baltic ports, and Russia's industrial heartland. The company produces iron ore pellets, iron ore concentrates, crushed stones, ferrite strontium powder, coking & steam coal, and coking coal concentrate. These materials are provided to six industry categories: construction and service processing, tube and pipe, oil and gas, machinery, autos, and others. Construction and service processing accounts for a majority of sales. Severstal generates most of its revenue in Russia.
17GF Score
Get the complete analysis for SVJTY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SVJTY has been successfully added to your 
