Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) ROA %: 0.69% (As of Sep. 2023)


MIC:MOEX Moscow Exchange MICEX-RTS PJSC MIC:MOEX
17 GF Score
Price ₽163.85
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What is Moscow Exchange MICEX-RTS PJSC ROA %?

Moscow Exchange MICEX-RTS PJSC MIC:MOEX +1.97% 17 ROA % is 0.69% as of Sep. 2023. GuruFocus rates MIC:MOEX 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. Moscow Exchange MICEX-RTS PJSC's annualized Net Income for the quarter that ended in Sep. 2023 was ₽57,163 Mil. Moscow Exchange MICEX-RTS PJSC's average Total Assets over the quarter that ended in Sep. 2023 was ₽8,274,048 Mil. Therefore, Moscow Exchange MICEX-RTS PJSC's annualized ROA % for the quarter that ended in Sep. 2023 was 0.69%.

The historical rank and industry rank for Moscow Exchange MICEX-RTS PJSC's ROA % or its related term are showing as below:

MIC:MOEX's ROA % is not ranked *
in the Capital Markets industry.
Industry Median: 1.495
* Ranked among companies with meaningful ROA % only.

Moscow Exchange MICEX-RTS PJSC  (MIC:MOEX) 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: Sep. 2023 )
=Net Income/Total Assets
=57163.2/8274047.65
=(Net Income / Revenue)*(Revenue / Total Assets)
=(57163.2 / 102394.4)*(102394.4 / 8274047.65)
=Net Margin %*Asset Turnover
=55.83 %*0.0124
=0.69 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Moscow Exchange MICEX-RTS PJSC ROA % Related Terms


Moscow Exchange MICEX-RTS PJSC ROA % Historical Data

* Premium members only.

The historical data trend for Moscow Exchange MICEX-RTS 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.

Moscow Exchange MICEX-RTS PJSC ROA % Chart

Moscow Exchange MICEX-RTS 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 0.55 0.50 0.56 0.51 0.57

Moscow Exchange MICEX-RTS PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.67 0.84 0.67 0.69

MIC:MOEX vs SPGI, CME, ICE: ROA % Comparison

For the Financial Data & Stock Exchanges subindustry, Moscow Exchange MICEX-RTS 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.


Moscow Exchange MICEX-RTS PJSC ROA % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moscow Exchange MICEX-RTS PJSC's ROA % distribution charts can be found below:

* The bar in red indicates where Moscow Exchange MICEX-RTS PJSC's ROA % falls into.


MIC:MOEX
17GF Score
Moscow Exchange MICEX-RTS PJSC MIC:MOEX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Moscow Exchange MICEX-RTS PJSC ROA % Calculation

Moscow Exchange MICEX-RTS 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 )
=36271.1/( (6143438.3+6619280.3)/ 2 )
=36271.1/6381359.3
=0.57 %

Moscow Exchange MICEX-RTS PJSC's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=57163.2/( (7528510+9019585.3)/ 2 )
=57163.2/8274047.65
=0.69 %

* 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 four times the quarterly (Sep. 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 0.69% mean?
Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) has a ROA % of 0.69% as of Sep. 2023. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Moscow Exchange MICEX-RTS PJSC and its competitors.
Is Moscow Exchange MICEX-RTS PJSC's ROA % too high?
Moscow Exchange MICEX-RTS PJSC's current ROA % is 0.69%. The Capital Markets industry median ROA % is 1.50. Moscow Exchange MICEX-RTS PJSC's value of 0.69% is 53.8% below this industry median. Overall, Moscow Exchange MICEX-RTS PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Moscow Exchange MICEX-RTS PJSC's ROA % compare to SPGI and CME?
Moscow Exchange MICEX-RTS PJSC's ROA % of 0.69% can be compared against companies in the Capital Markets industry. The industry median ROA % is 1.50. Moscow Exchange MICEX-RTS PJSC's value of 0.69% is 53.8% below 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 a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 816 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. Moscow Exchange MICEX-RTS PJSC's current ROA % of 0.69% is 53.8% below 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 Moscow Exchange MICEX-RTS PJSC and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moscow Exchange MICEX-RTS PJSC's current ROA % is 0.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moscow Exchange MICEX-RTS PJSC stock overvalued right now?
Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) has a current ROA % of 0.69%. The current ROA % is 0.69% and 53.8% below the Capital Markets industry median of 1.50. Moscow Exchange MICEX-RTS 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 Moscow Exchange MICEX-RTS PJSC (MIC:MOEX), the current ROA % is 0.69% as of Sep. 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.

Moscow Exchange MICEX-RTS PJSC Business Description

Address 13 Bolshoy Kislovsky per, Moscow, RUS, 125009
Moscow Exchange MICEX-RTS PJSC is an integrated exchange structure that offers financial market participants a full set of competitive trading, clearing, settlement, depository, and information services. The company operates in the foreign currencies exchange market, government securities and money market, market of derivative financial instruments, equities market, corporate and regional bonds market, the commodities market.
17GF Score

Get the complete analysis for MIC:MOEX

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

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