Aeroflot Russian Airlines PJSC (MIC:AFLT) ROCE %: 76.44% (As of Dec. 2023)


MIC:AFLT Aeroflot Russian Airlines PJSC MIC:AFLT
17 GF Score
Price ₽36.75
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What is Aeroflot Russian Airlines PJSC ROCE %?

Aeroflot Russian Airlines PJSC MIC:AFLT -2.36% 17 ROCE % is 76.44% as of Dec. 2023. GuruFocus rates MIC:AFLT with a GF Score™ of 17/100.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Aeroflot Russian Airlines PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 76.44%.

Aeroflot Russian Airlines PJSC  (MIC:AFLT) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Aeroflot Russian Airlines PJSC ROCE % Related Terms

Aeroflot Russian Airlines PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Aeroflot Russian Airlines PJSC's ROCE % 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.

Aeroflot Russian Airlines PJSC ROCE % Chart

Aeroflot Russian Airlines PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.93 -15.20 -0.15 -0.65 8.54

Aeroflot Russian Airlines PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
ROCE % 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 0.00 -72.24 -30.52 7.48 76.44
MIC:AFLT
17GF Score
Aeroflot Russian Airlines PJSC MIC:AFLT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aeroflot Russian Airlines PJSC ROCE % Calculation

Aeroflot Russian Airlines PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=62482/( ( (957125 - 268380) + (1114014 - 339604) )/ 2 )
=62482/( (688745+774410)/ 2 )
=62482/731577.5
=8.54 %

Aeroflot Russian Airlines PJSC's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=572660/( ( (1107334 - 383515) + (1114014 - 339604) )/ 2 )
=572660/( ( 723819 + 774410 )/ 2 )
=572660/749114.5
=76.44 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 76.44% mean?
Aeroflot Russian Airlines PJSC (MIC:AFLT) has a ROCE % of 76.44% as of Dec. 2023.
Is Aeroflot Russian Airlines PJSC's ROCE % too high?
Aeroflot Russian Airlines PJSC's current ROCE % is 76.44%. The Transportation industry median ROCE % is 7.73. Aeroflot Russian Airlines PJSC's value of 76.44% is 888.9% above this industry median. Overall, Aeroflot Russian Airlines PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Aeroflot Russian Airlines PJSC's ROCE % compare to DAL and UAL?
Aeroflot Russian Airlines PJSC's ROCE % of 76.44% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Aeroflot Russian Airlines PJSC's value of 76.44% is 888.9% 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 ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 990 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aeroflot Russian Airlines PJSC's current ROCE % of 76.44% is 888.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroflot Russian Airlines PJSC's current ROCE % is 76.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroflot Russian Airlines PJSC stock overvalued right now?
Aeroflot Russian Airlines PJSC (MIC:AFLT) has a current ROCE % of 76.44%. The current ROCE % is 76.44% and 888.9% above the Transportation industry median of 7.73. Aeroflot Russian Airlines 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Aeroflot Russian Airlines PJSC (MIC:AFLT), the current ROCE % is 76.44% 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.

Aeroflot Russian Airlines PJSC Business Description

Address 1, Arbat Street, Moscow, RUS, 119019
Aeroflot Russian Airlines PJSC is Russia's airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is Air Transportation. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.
17GF Score

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