Saratovenergo PJSC (MIC:SARE) ROA %: 0.66% (As of Mar. 2021) — 65% Above Median

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MIC:SARE Saratovenergo PJSC MIC:SARE
52 GF Score
Price ₽0.84
! 1 Warning Sign
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What is Saratovenergo PJSC ROA %?

Saratovenergo PJSC MIC:SARE +1.71% 52 ROA % is 0.66% as of Mar. 2021, which is 65% above its 10-year median of 0.40. GuruFocus rates MIC:SARE with a GF Score™ of 52/100. The stock has 1 warning sign investors should review. Among 511 Utilities - Regulated companies, Saratovenergo PJSC ranks better than 98.83% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Saratovenergo PJSC's annualized Net Income for the quarter that ended in Mar. 2021 was ₽21 Mil. Saratovenergo PJSC's average Total Assets over the quarter that ended in Mar. 2021 was ₽3,179 Mil. Therefore, Saratovenergo PJSC's annualized ROA % for the quarter that ended in Mar. 2021 was 0.66%.

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

MIC:SARE' s ROA % Range Over the Past 10 Years
Min: 0.11   Med: 0.4   Max: 25.14
Current: 25.14

During the past 13 years, Saratovenergo PJSC's highest ROA % was 25.14%. The lowest was 0.11%. And the median was 0.40%.

MIC:SARE's ROA % is ranked better than
98.83% of 511 companies
in the Utilities - Regulated industry
Industry Median: 3.06 vs MIC:SARE: 25.14

Saratovenergo PJSC  (MIC:SARE) 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: Mar. 2021 )
=Net Income/Total Assets
=20.976/3178.986
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.976 / 25131.824)*(25131.824 / 3178.986)
=Net Margin %*Asset Turnover
=0.08 %*7.9056
=0.66 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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.


Saratovenergo PJSC ROA % Related Terms


Saratovenergo PJSC ROA % Historical Data

* Premium members only.

The historical data trend for Saratovenergo 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.

Saratovenergo PJSC ROA % Chart

Saratovenergo PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.21 0.21 0.21 0.16

Saratovenergo PJSC Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.53 0.11 0.05 -0.07 0.66

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

For the Utilities - Regulated Electric subindustry, Saratovenergo 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.


Saratovenergo PJSC ROA % vs Utilities - Regulated Industry

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

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


MIC:SARE
52GF Score
Saratovenergo PJSC MIC:SARE
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saratovenergo PJSC ROA % Calculation

Saratovenergo PJSC's annualized ROA % for the fiscal year that ended in Dec. 2020 is calculated as:

ROA %=Net Income (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=4.973/( (3125.953+3178.986)/ 2 )
=4.973/3152.4695
=0.16 %

Saratovenergo PJSC's annualized ROA % for the quarter that ended in Mar. 2021 is calculated as:

ROA %=Net Income (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=20.976/( (3178.986+)/ 1 )
=20.976/3178.986
=0.66 %

* 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 (Mar. 2021) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 0.66% mean?
Saratovenergo PJSC (MIC:SARE) has a ROA % of 0.66% as of Mar. 2021. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Saratovenergo PJSC and its competitors. This is 65% above median its historical median of 0.40. Over the past decade, Saratovenergo PJSC's ROA % has ranged from 0.11 to 25.14. According to the industry distribution chart, Saratovenergo PJSC ranks #6 out of 511 companies in the Utilities - Regulated industry, placing it in the top 1.2%.
Is Saratovenergo PJSC's ROA % too high?
Saratovenergo PJSC's current ROA % of 0.66% is 65% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 25.14. The Utilities - Regulated industry median ROA % is 3.06. Saratovenergo PJSC's value of 0.66% is 78.4% below this industry median. Based on the distribution chart, Saratovenergo PJSC ranks #6 out of 511 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Saratovenergo PJSC has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Saratovenergo PJSC's ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Saratovenergo PJSC ranks #6 out of 511 companies for ROA %. This places Saratovenergo PJSC in the top 1% of its industry — outperforming the majority of peers. The industry median ROA % is 3.06. Saratovenergo PJSC's value of 0.66% is 78.4% below this benchmark. Historically, Saratovenergo PJSC's own ROA % has ranged from 0.11 to 25.14 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 3.06, Saratovenergo PJSC has consistently been below the industry average. 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 3.06, 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. Saratovenergo PJSC's current ROA % of 0.66% is 78.4% 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 Saratovenergo PJSC and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saratovenergo PJSC's current ROA % is 0.66%, which is 65% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saratovenergo PJSC stock overvalued right now?
Saratovenergo PJSC (MIC:SARE) has a current ROA % of 0.66%. The current ROA % is 0.66%, which is 65% above median its 10-year median of 0.40 and 78.4% below the Utilities - Regulated industry median of 3.06. Saratovenergo PJSC's overall GF Score™ is 52/100 with 1 warning sign to review. 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 Saratovenergo PJSC (MIC:SARE), the current ROA % is 0.66% as of Mar. 2021. 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.

Saratovenergo PJSC Business Description

Address Street them. Rakhova V.G., d. 181, Saratov, RUS, 410005
Saratovenergo PJSC is engaged in the production, transmission, distribution, and sale of electricity and thermal energy and related products.
52GF Score

Get the complete analysis for MIC:SARE

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

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