Far-Eastern Energy Co PJSC (MIC:DVEC) ROA %: 10.28% (As of Jun. 2023)


MIC:DVEC Far-Eastern Energy Co PJSC MIC:DVEC
17 GF Score
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What is Far-Eastern Energy Co PJSC ROA %?

Far-Eastern Energy Co PJSC MIC:DVEC -1.90% 17 ROA % is 10.28% as of Jun. 2023. GuruFocus rates MIC:DVEC with a GF Score™ of 17/100.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Far-Eastern Energy Co PJSC's annualized Net Income for the quarter that ended in Jun. 2023 was ₽6,976 Mil. Far-Eastern Energy Co PJSC's average Total Assets over the quarter that ended in Jun. 2023 was ₽67,871 Mil. Therefore, Far-Eastern Energy Co PJSC's annualized ROA % for the quarter that ended in Jun. 2023 was 10.28%.

The historical rank and industry rank for Far-Eastern Energy Co PJSC's ROA % or its related term are showing as below:

MIC:DVEC's ROA % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.05
* Ranked among companies with meaningful ROA % only.

Far-Eastern Energy Co PJSC  (MIC:DVEC) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=6976/67871
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6976 / 168540)*(168540 / 67871)
=Net Margin %*Asset Turnover
=4.14 %*2.4832
=10.28 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Far-Eastern Energy Co PJSC ROA % Related Terms


Far-Eastern Energy Co PJSC ROA % Historical Data

* Premium members only.

The historical data trend for Far-Eastern Energy Co PJSC's ROA % 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.

Far-Eastern Energy Co PJSC ROA % Chart

Far-Eastern Energy Co PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.62 -8.82 1.34 2.82 4.37

Far-Eastern Energy Co PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROA % 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 5.35 0.35 8.27 0.83 10.28

MIC:DVEC vs NEE, SO, DUK: ROA % Comparison

For the Utilities - Regulated Electric subindustry, Far-Eastern Energy Co PJSC's ROA %, along with its competitors' market caps and ROA % 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.


Far-Eastern Energy Co PJSC ROA % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Far-Eastern Energy Co PJSC's ROA % distribution charts can be found below:

* The bar in red indicates where Far-Eastern Energy Co PJSC's ROA % falls into.


MIC:DVEC
17GF Score
Far-Eastern Energy Co PJSC MIC:DVEC
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Far-Eastern Energy Co PJSC ROA % Calculation

Far-Eastern Energy Co PJSC's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=2713/( (59423+64812)/ 2 )
=2713/62117.5
=4.37 %

Far-Eastern Energy Co PJSC's annualized ROA % for the quarter that ended in Jun. 2023 is calculated as:

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=6976/( (64812+70930)/ 2 )
=6976/67871
=10.28 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Jun. 2023) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 10.28% mean?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a ROA % of 10.28% as of Jun. 2023. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Far-Eastern Energy Co PJSC and its competitors.
Is Far-Eastern Energy Co PJSC's ROA % too high?
Far-Eastern Energy Co PJSC's current ROA % is 10.28%. The Utilities - Regulated industry median ROA % is 3.05. Far-Eastern Energy Co PJSC's value of 10.28% is 237% above this industry median. Overall, Far-Eastern Energy Co PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Far-Eastern Energy Co PJSC's ROA % compare to NEE and SO?
Far-Eastern Energy Co PJSC's ROA % of 10.28% can be compared against companies in the Utilities - Regulated industry. The industry median ROA % is 3.05. Far-Eastern Energy Co PJSC's value of 10.28% is 237% 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 ROA % for an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 511 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Far-Eastern Energy Co PJSC's current ROA % of 10.28% is 237% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Far-Eastern Energy Co PJSC and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far-Eastern Energy Co PJSC's current ROA % is 10.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far-Eastern Energy Co PJSC stock overvalued right now?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a current ROA % of 10.28%. The current ROA % is 10.28% and 237% above the Utilities - Regulated industry median of 3.05. Far-Eastern Energy Co 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Far-Eastern Energy Co PJSC (MIC:DVEC), the current ROA % is 10.28% as of Jun. 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.

Far-Eastern Energy Co PJSC Business Description

Address ul. Tigrovaya, 19, Primorsky Territory, Vladivostok, RUS, 690091
Far-Eastern Energy Co PJSC formerly Far East Energy Co PJSC supplies electricity to households and businesses.
17GF Score

Get the complete analysis for MIC:DVEC

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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