Rostelecom PJSC (MIC:RTKMP) ROC (Joel Greenblatt) %: 4.96% (As of Dec. 2021)


MIC:RTKMP Rostelecom PJSC MIC:RTKMP
17 GF Score
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What is Rostelecom PJSC ROC (Joel Greenblatt) %?

Rostelecom PJSC MIC:RTKMP +0.68% 17 ROC (Joel Greenblatt) % is 4.96% as of Dec. 2021. GuruFocus rates MIC:RTKMP with a GF Score™ of 17/100.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Rostelecom PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 4.96%.

The historical rank and industry rank for Rostelecom PJSC's ROC (Joel Greenblatt) % or its related term are showing as below:

MIC:RTKMP's ROC (Joel Greenblatt) % is not ranked *
in the Telecommunication Services industry.
Industry Median: 14.96
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Rostelecom PJSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Rostelecom PJSC  (MIC:RTKMP) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Rostelecom PJSC ROC (Joel Greenblatt) % Related Terms


Rostelecom PJSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Rostelecom PJSC's ROC (Joel Greenblatt) % 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.

Rostelecom PJSC ROC (Joel Greenblatt) % Chart

Rostelecom PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.44 9.75 12.32 10.87 11.23

Rostelecom PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
ROC (Joel Greenblatt) % 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 3.95 14.33 13.60 12.73 4.96

MIC:RTKMP vs IHS, TFAOF, CCOI: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Rostelecom PJSC's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Rostelecom PJSC ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Rostelecom PJSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Rostelecom PJSC's ROC (Joel Greenblatt) % falls into.


MIC:RTKMP
17GF Score
Rostelecom PJSC MIC:RTKMP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rostelecom PJSC ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67635 + 13474 + 18007) - (85458 + 0 + 62353)
=-48695

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54370 + 12572 + 25611) - (94916 + 0 + 73485)
=-75848

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Rostelecom PJSC for the quarter that ended in Dec. 2021 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2021  Q: Dec. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=35208/( ( (698007 + max(-48695, 0)) + (720840 + max(-75848, 0)) )/ 2 )
=35208/( ( 698007 + 720840 )/ 2 )
=35208/709423.5
=4.96 %

Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT 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.

What does a ROC (Joel Greenblatt) % of 4.96% mean?
Rostelecom PJSC (MIC:RTKMP) has a ROC (Joel Greenblatt) % of 4.96% as of Dec. 2021. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Rostelecom PJSC and its competitors.
Is Rostelecom PJSC's ROC (Joel Greenblatt) % too high?
Rostelecom PJSC's current ROC (Joel Greenblatt) % is 4.96%. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.96. Rostelecom PJSC's value of 4.96% is 66.8% below this industry median. Overall, Rostelecom PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Rostelecom PJSC's ROC (Joel Greenblatt) % compare to IHS and TFAOF?
Rostelecom PJSC's ROC (Joel Greenblatt) % of 4.96% can be compared against companies in the Telecommunication Services industry. The industry median ROC (Joel Greenblatt) % is 14.96. Rostelecom PJSC's value of 4.96% is 66.8% 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 ROC (Joel Greenblatt) % for a Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.96, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rostelecom PJSC's current ROC (Joel Greenblatt) % of 4.96% is 66.8% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Rostelecom PJSC and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rostelecom PJSC's current ROC (Joel Greenblatt) % is 4.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rostelecom PJSC stock overvalued right now?
Rostelecom PJSC (MIC:RTKMP) has a current ROC (Joel Greenblatt) % of 4.96%. The current ROC (Joel Greenblatt) % is 4.96% and 66.8% below the Telecommunication Services industry median of 14.96. Rostelecom 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Rostelecom PJSC (MIC:RTKMP), the current ROC (Joel Greenblatt) % is 4.96% as of Dec. 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.

Rostelecom PJSC Business Description

Address Goncharnaya Street, 30 (Building 1), Moscow, RUS, 115172
Rostelecom PJSC had a monopoly on domestic and international long-distance telephone services in Russia until the market was deregulated on Jan. 1, 2006, allowing competition. The firm still has over 50% market share in the sector. It carries over 10 billion domestic and over 4.8 billion international long-distance minutes of traffic. Rostelecom also runs other businesses, including leased line services, intelligent network services, and customer equipment servicing.
17GF Score

Get the complete analysis for MIC:RTKMP

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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