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.
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.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Surgutneftegas PJSC's annualizedNet Income for the quarter that ended in Jun. 2023 was ₽1,683,750 Mil.
Surgutneftegas PJSC's average Total Assets over the quarter that ended in Jun. 2023 was ₽6,756,127 Mil. Therefore, Surgutneftegas PJSC's annualized ROA % for the quarter that ended in Jun. 2023 was 24.92%.
The historical rank and industry rank for Surgutneftegas PJSC's ROA % or its related term are showing as below:
MIC:SNGS's ROA % is not ranked *
in the Oil & Gas industry.
Industry Median: 1.93 * Ranked among companies with meaningful ROA % only.
Surgutneftegas PJSC (MIC:SNGS) 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 banks 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:
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.
Surgutneftegas PJSC ROA % Related Terms
Surgutneftegas PJSC ROA % Historical Data
* Premium members only.
The historical data trend for Surgutneftegas 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.
For the Oil & Gas Integrated subindustry, Surgutneftegas 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.
Surgutneftegas PJSC ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Surgutneftegas PJSC's ROA % distribution charts can be found below:
* The bar in red indicates where Surgutneftegas PJSC's ROA % falls into.
* 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.
Surgutneftegas PJSC (MIC:SNGS) has a ROA % of 24.92% 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 Surgutneftegas PJSC and its competitors.
Is Surgutneftegas PJSC's ROA % too high?
Surgutneftegas PJSC's current ROA % is 24.92%. The Oil & Gas industry median ROA % is 1.93. Surgutneftegas PJSC's value of 24.92% is 1191.2% above this industry median. Overall, Surgutneftegas PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Surgutneftegas PJSC's ROA % compare to XOM and CVX?
Surgutneftegas PJSC's ROA % of 24.92% can be compared against companies in the Oil & Gas industry. The industry median ROA % is 1.93. Surgutneftegas PJSC's value of 24.92% is 1191.2% 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 Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.93, based on 1,024 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. Surgutneftegas PJSC's current ROA % of 24.92% is 1191.2% 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 Surgutneftegas PJSC and its competitors. For the Oil & Gas industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surgutneftegas PJSC's current ROA % is 24.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surgutneftegas PJSC stock overvalued right now?
Surgutneftegas PJSC (MIC:SNGS) has a current ROA % of 24.92%. The current ROA % is 24.92% and 1191.2% above the Oil & Gas industry median of 1.93. Surgutneftegas 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 Surgutneftegas PJSC (MIC:SNGS), the current ROA % is 24.92% 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.
Surgutneftegas PJSC or simply Surgutneftegas, is a Russian-based integrated oil and gas company. The company's operations include exploration, production, refinement, and sales of oil and gas. Upstream, it produces oil and gas from fields concentrated in Eastern and Western Serbia. Much of its upstream revenue comes from exporting crude oil. Downstream, Surgutneftegas refines, markets, distributes and sells refined oil products such as gasoline and diesel fuels. Included in its distribution network are oil storage depots, tanker trucks, and filling stations. Similar to its upstream operations, the majority of downstream revenue comes from exporting refined oil products.
17GF Score
Get the complete analysis for MIC:SNGS
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIC:SNGS has been successfully added to your 
