Kovrov Mechanical Plant PJSC (MIC:KMEZ) ROA %: 45.28% (As of Jun. 2023)

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MIC:KMEZ Kovrov Mechanical Plant PJSC MIC:KMEZ
17 GF Score
Price ₽838.00
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What is Kovrov Mechanical Plant PJSC ROA %?

Kovrov Mechanical Plant PJSC MIC:KMEZ +1.45% 17 ROA % is 45.28% as of Jun. 2023. GuruFocus rates MIC:KMEZ 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. Kovrov Mechanical Plant PJSC's annualized Net Income for the quarter that ended in Jun. 2023 was ₽2,689 Mil. Kovrov Mechanical Plant PJSC's average Total Assets over the quarter that ended in Jun. 2023 was ₽5,938 Mil. Therefore, Kovrov Mechanical Plant PJSC's annualized ROA % for the quarter that ended in Jun. 2023 was 45.28%.

The historical rank and industry rank for Kovrov Mechanical Plant PJSC's ROA % or its related term are showing as below:

MIC:KMEZ's ROA % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.46
* Ranked among companies with meaningful ROA % only.

Kovrov Mechanical Plant PJSC  (MIC:KMEZ) 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
=2688.678/5938.1785
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2688.678 / 2051.086)*(2051.086 / 5938.1785)
=Net Margin %*Asset Turnover
=131.09 %*0.3454
=45.28 %

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.


Kovrov Mechanical Plant PJSC ROA % Related Terms


Kovrov Mechanical Plant PJSC ROA % Historical Data

* Premium members only.

The historical data trend for Kovrov Mechanical Plant 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.

Kovrov Mechanical Plant PJSC ROA % Chart

Kovrov Mechanical Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.41 4.96 1.77 4.89 -1.09

Kovrov Mechanical Plant PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 7.59 1.40 -3.43 -6.12 45.28

MIC:KMEZ vs RTX, LMT, BA: ROA % Comparison

For the Aerospace & Defense subindustry, Kovrov Mechanical Plant 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.


Kovrov Mechanical Plant PJSC ROA % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kovrov Mechanical Plant PJSC's ROA % distribution charts can be found below:

* The bar in red indicates where Kovrov Mechanical Plant PJSC's ROA % falls into.


MIC:KMEZ
17GF Score
Kovrov Mechanical Plant PJSC MIC:KMEZ
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kovrov Mechanical Plant PJSC ROA % Calculation

Kovrov Mechanical Plant PJSC's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=-61.768/( (5065.326+6220.617)/ 2 )
=-61.768/5642.9715
=-1.09 %

Kovrov Mechanical Plant PJSC's annualized ROA % for the quarter that ended in Jun. 2023 is calculated as:

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=2688.678/( (6907.4+4968.957)/ 2 )
=2688.678/5938.1785
=45.28 %

* 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 45.28% mean?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a ROA % of 45.28% 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 Kovrov Mechanical Plant PJSC and its competitors.
Is Kovrov Mechanical Plant PJSC's ROA % too high?
Kovrov Mechanical Plant PJSC's current ROA % is 45.28%. The Aerospace & Defense industry median ROA % is 2.46. Kovrov Mechanical Plant PJSC's value of 45.28% is 1740.7% above this industry median. Overall, Kovrov Mechanical Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kovrov Mechanical Plant PJSC's ROA % compare to RTX and LMT?
Kovrov Mechanical Plant PJSC's ROA % of 45.28% can be compared against companies in the Aerospace & Defense industry. The industry median ROA % is 2.46. Kovrov Mechanical Plant PJSC's value of 45.28% is 1740.7% 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 Aerospace & Defense company?
The median ROA % among Aerospace & Defense companies is 2.46, based on 361 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. Kovrov Mechanical Plant PJSC's current ROA % of 45.28% is 1740.7% 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 Kovrov Mechanical Plant PJSC and its competitors. For the Aerospace & Defense industry, the median ROA % is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kovrov Mechanical Plant PJSC's current ROA % is 45.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovrov Mechanical Plant PJSC stock overvalued right now?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a current ROA % of 45.28%. The current ROA % is 45.28% and 1740.7% above the Aerospace & Defense industry median of 2.46. Kovrov Mechanical Plant 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 Kovrov Mechanical Plant PJSC (MIC:KMEZ), the current ROA % is 45.28% 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.

Kovrov Mechanical Plant PJSC Business Description

Address Socialist Street 26, Vladimir Region, Kovrov, RUS
Kovrov Mechanical Plant PJSC is a manufacturer of machinery and equipment for the nuclear power industry. Its product includes Gas centrifuges; Non-nuclear products and others.
17GF Score

Get the complete analysis for MIC:KMEZ

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

₽838.00
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