RusHydro PJSC (MIC:HYDR) ROC %: 6.63% (As of Dec. 2023)


MIC:HYDR RusHydro PJSC MIC:HYDR
17 GF Score
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What is RusHydro PJSC ROC %?

RusHydro PJSC MIC:HYDR +0.56% 17 ROC % is 6.63% as of Dec. 2023. GuruFocus rates MIC:HYDR with a GF Score™ of 17/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. RusHydro PJSC's annualized return on capital (ROC %) for the quarter that ended in Dec. 2023 was 6.63%.

As of today (2026-06-27), RusHydro PJSC's WACC % is 0.00%. RusHydro PJSC's ROC % is 0.00% (calculated using TTM income statement data). RusHydro PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


RusHydro PJSC  (MIC:HYDR) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, RusHydro PJSC's WACC % is 0.00%. RusHydro PJSC's ROC % is 0.00% (calculated using TTM income statement data). RusHydro PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


RusHydro PJSC ROC % Related Terms


RusHydro PJSC ROC % Historical Data

* Premium members only.

The historical data trend for RusHydro PJSC's ROC % 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.

RusHydro PJSC ROC % Chart

RusHydro PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 7.98 8.63 3.78 6.00

RusHydro PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC % 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 3.46 11.58 8.66 4.45 6.63
MIC:HYDR
17GF Score
RusHydro PJSC MIC:HYDR
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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RusHydro PJSC ROC % Calculation

RusHydro PJSC's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=97315 * ( 1 - 38.34% )/( (928724 + 1070735)/ 2 )
=60004.429/999729.5
=6.00 %

where

RusHydro PJSC's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=69916 * ( 1 - 0% )/( (1039087 + 1070735)/ 2 )
=69916/1054911
=6.63 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 6.63% mean?
RusHydro PJSC (MIC:HYDR) has a ROC % of 6.63% as of Dec. 2023. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on RusHydro PJSC and its competitors.
Is RusHydro PJSC's ROC % too high?
RusHydro PJSC's current ROC % is 6.63%. The Utilities - Independent Power Producers industry median ROC % is 2.27. RusHydro PJSC's value of 6.63% is 192.7% above this industry median. Overall, RusHydro PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does RusHydro PJSC's ROC % compare to GEV and CEG?
RusHydro PJSC's ROC % of 6.63% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROC % is 2.27. RusHydro PJSC's value of 6.63% is 192.7% 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 ROC % for an Utilities - Independent Power Producers company?
The median ROC % among Utilities - Independent Power Producers companies is 2.27, based on 430 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RusHydro PJSC's current ROC % of 6.63% is 192.7% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on RusHydro PJSC and its competitors. For the Utilities - Independent Power Producers industry, the median ROC % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RusHydro PJSC's current ROC % is 6.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RusHydro PJSC stock overvalued right now?
RusHydro PJSC (MIC:HYDR) has a current ROC % of 6.63%. The current ROC % is 6.63% and 192.7% above the Utilities - Independent Power Producers industry median of 2.27. RusHydro 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 % calculated?
ROC % is calculated from a company's financial statements. For RusHydro PJSC (MIC:HYDR), the current ROC % is 6.63% 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.

RusHydro PJSC Business Description

Address 43, Dubrovinskogo Street, Building 1, Krasnoyarsk, RUS, 660017
RusHydro PJSC is one of the largest Russian utility holding companies and produces a sizable amount of the country's electricity. The company constructs, repairs, owns and operates heat and electricity generating power plants. RusHydro's portfolio of facilities includes thermal, geothermal, hydroelectric, tidal, wind, and solar power plants located throughout all of Russia. Hydroelectric sites make up most of these. The company primarily generates revenue from the sale of electricity. Sales of thermal energy, hot water, and capacity also represent substantial revenue streams. RusHydro's largest shareholder is the government of the Russian Federation, which holds a controlling stake in the company.
17GF Score

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

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