Rosseti Volga PJSC (MIC:MRKV) ROA %: 8.16% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Rosseti Volga PJSC ROA %?

Rosseti Volga PJSC MIC:MRKV +4.49% ROA % is 8.16% as of Dec. 2023.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Rosseti Volga PJSC's annualized Net Income for the quarter that ended in Dec. 2023 was ₽5,572 Mil. Rosseti Volga PJSC's average Total Assets over the quarter that ended in Dec. 2023 was ₽68,265 Mil. Therefore, Rosseti Volga PJSC's annualized ROA % for the quarter that ended in Dec. 2023 was 8.16%.

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

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

Rosseti Volga PJSC  (MIC:MRKV) 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: Dec. 2023 )
=Net Income/Total Assets
=5571.968/68265.0355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5571.968 / 82719.384)*(82719.384 / 68265.0355)
=Net Margin %*Asset Turnover
=6.74 %*1.2117
=8.16 %

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


Rosseti Volga PJSC ROA % Related Terms


Rosseti Volga PJSC ROA % Historical Data

* Premium members only.

The historical data trend for Rosseti Volga 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.

Rosseti Volga PJSC ROA % Chart

Rosseti Volga PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.97 -0.20 1.56 -0.71 4.27

Rosseti Volga PJSC Quarterly Data
Sep18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.99 1.76 2.67 8.16

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

For the Utilities - Regulated Electric subindustry, Rosseti Volga 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.


Rosseti Volga PJSC ROA % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Volga PJSC's ROA % distribution charts can be found below:

* The bar in red indicates where Rosseti Volga PJSC's ROA % falls into.



Rosseti Volga PJSC ROA % Calculation

Rosseti Volga PJSC's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2972.193/( (67610.686+71736.263)/ 2 )
=2972.193/69673.4745
=4.27 %

Rosseti Volga PJSC's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5571.968/( (64793.808+71736.263)/ 2 )
=5571.968/68265.0355
=8.16 %

* 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 (Dec. 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 8.16% mean?
Rosseti Volga PJSC (MIC:MRKV) has a ROA % of 8.16% as of Dec. 2023. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Rosseti Volga PJSC and its competitors.
Is Rosseti Volga PJSC's ROA % too high?
Rosseti Volga PJSC's current ROA % is 8.16%. The Utilities - Regulated industry median ROA % is 3.05. Rosseti Volga PJSC's value of 8.16% is 167.5% above this industry median.
How does Rosseti Volga PJSC's ROA % compare to NEE and SO?
Rosseti Volga PJSC's ROA % of 8.16% can be compared against companies in the Utilities - Regulated industry. The industry median ROA % is 3.05. Rosseti Volga PJSC's value of 8.16% is 167.5% 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 510 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. Rosseti Volga PJSC's current ROA % of 8.16% is 167.5% 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 Rosseti Volga 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. Rosseti Volga PJSC's current ROA % is 8.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Volga PJSC stock overvalued right now?
Rosseti Volga PJSC (MIC:MRKV) has a current ROA % of 8.16%. The current ROA % is 8.16% and 167.5% above the Utilities - Regulated industry median of 3.05. 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 Rosseti Volga PJSC (MIC:MRKV), the current ROA % is 8.16% 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.

Rosseti Volga PJSC Business Description

Address 42/44 Pervomayskaya Street, Saratov, RUS, 410031
Rosseti Volga PJSC is a Russian company engaged in the distribution of electrical energy. The company's segment includes Saratov Region; Orenburg Region; Samara Region; Penza Region; Ulyanovsk Region; Republic of Chuvashia; Republic of Mordovia and other. It derives a majority of revenue from Saratov Region.