Mordovian Energyles Co PJSC (MIC:MRSB) ROA %: 1.26% (As of Sep. 2023)


MIC:MRSB Mordovian Energy Sales Co PJSC MIC:MRSB
44 GF Score
Price ₽0.93
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What is Mordovian Energyles Co PJSC ROA %?

Mordovian Energyles Co PJSC MIC:MRSB +1.98% 44 ROA % is 1.26% as of Sep. 2023. GuruFocus rates MIC:MRSB with a GF Score™ of 44/100.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mordovian Energyles Co PJSC's annualized Net Income for the quarter that ended in Sep. 2023 was ₽18 Mil. Mordovian Energyles Co PJSC's average Total Assets over the quarter that ended in Sep. 2023 was ₽1,411 Mil. Therefore, Mordovian Energyles Co PJSC's annualized ROA % for the quarter that ended in Sep. 2023 was 1.26%.

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

MIC:MRSB's ROA % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.02
* Ranked among companies with meaningful ROA % only.

Mordovian Energyles Co PJSC  (MIC:MRSB) 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
=17.708/1410.8305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(17.708 / 6986.244)*(6986.244 / 1410.8305)
=Net Margin %*Asset Turnover
=0.25 %*4.9519
=1.26 %

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.


Mordovian Energyles Co PJSC ROA % Related Terms


Mordovian Energyles Co PJSC ROA % Historical Data

* Premium members only.

The historical data trend for Mordovian Energyles 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.

Mordovian Energyles Co PJSC ROA % Chart

Mordovian Energyles 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 3.43 3.54 5.38 10.14 6.70

Mordovian Energyles Co 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 8.38 0.35 27.32 10.56 1.26

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

For the Utilities - Regulated Electric subindustry, Mordovian Energyles 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.


Mordovian Energyles Co PJSC ROA % vs Utilities - Regulated Industry

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

* The bar in red indicates where Mordovian Energyles Co PJSC's ROA % falls into.


MIC:MRSB
44GF Score
Mordovian Energy Sales Co PJSC MIC:MRSB
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mordovian Energyles Co PJSC ROA % Calculation

Mordovian Energyles 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 )
=96.218/( (1412.478+1460.662)/ 2 )
=96.218/1436.57
=6.70 %

Mordovian Energyles Co 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 )
=17.708/( (1442.106+1379.555)/ 2 )
=17.708/1410.8305
=1.26 %

* 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 1.26% mean?
Mordovian Energyles Co PJSC (MIC:MRSB) has a ROA % of 1.26% 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 Mordovian Energyles Co PJSC and its competitors.
Is Mordovian Energyles Co PJSC's ROA % too high?
Mordovian Energyles Co PJSC's current ROA % is 1.26%. The Utilities - Regulated industry median ROA % is 3.02. Mordovian Energyles Co PJSC's value of 1.26% is 58.3% below this industry median. Overall, Mordovian Energyles Co PJSC has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Mordovian Energyles Co PJSC's ROA % compare to NEE and SO?
Mordovian Energyles Co PJSC's ROA % of 1.26% can be compared against companies in the Utilities - Regulated industry. The industry median ROA % is 3.02. Mordovian Energyles Co PJSC's value of 1.26% is 58.3% 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 an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.02, 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. Mordovian Energyles Co PJSC's current ROA % of 1.26% is 58.3% 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 Mordovian Energyles Co PJSC and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mordovian Energyles Co PJSC's current ROA % is 1.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mordovian Energyles Co PJSC stock overvalued right now?
Mordovian Energyles Co PJSC (MIC:MRSB) has a current ROA % of 1.26%. The current ROA % is 1.26% and 58.3% below the Utilities - Regulated industry median of 3.02. Mordovian Energyles Co PJSC's overall GF Score™ is 44/100. 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 Mordovian Energyles Co PJSC (MIC:MRSB), the current ROA % is 1.26% 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.

Mordovian Energyles Co PJSC Business Description

Address 117A Street Bolshevistskaya, Saransk, Republic of Mordovia, RUS, 430001
Mordovian Energy Sales Co PJSC formerly Mordovia Energy Retail Company PJSC is engaged in the purchase and sale of electricity in the wholesale and retail markets.
44GF Score

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