Magadanenergo PJSC (MIC:MAGEP) ROCE %: -11.26% (As of Jun. 2023)


MIC:MAGEP Magadanenergo PJSC MIC:MAGEP
17 GF Score
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What is Magadanenergo PJSC ROCE %?

Magadanenergo PJSC MIC:MAGEP -4.12% 17 ROCE % is -11.26% as of Jun. 2023. GuruFocus rates MIC:MAGEP 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. Magadanenergo PJSC's annualized ROCE % for the quarter that ended in Jun. 2023 was -11.26%.

Magadanenergo PJSC  (MIC:MAGEP) 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.

Magadanenergo PJSC ROCE % Related Terms

Magadanenergo PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Magadanenergo 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.

Magadanenergo PJSC ROCE % Chart

Magadanenergo PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.37 16.47 20.05 40.01 -26.59

Magadanenergo PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 4.70 85.79 -23.59 -31.27 -11.26
MIC:MAGEP
17GF Score
Magadanenergo PJSC MIC:MAGEP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Magadanenergo PJSC ROCE % Calculation

Magadanenergo PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-2714/( ( (14070 - 5172) + (18478 - 6962) )/ 2 )
=-2714/( (8898+11516)/ 2 )
=-2714/10207
=-26.59 %

Magadanenergo PJSC's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-1390/( ( (18478 - 6962) + (18431 - 5251) )/ 2 )
=-1390/( ( 11516 + 13180 )/ 2 )
=-1390/12348
=-11.26 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 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 -11.26% mean?
Magadanenergo PJSC (MIC:MAGEP) has a ROCE % of -11.26% as of Jun. 2023.
Is Magadanenergo PJSC's ROCE % too high?
Magadanenergo PJSC's current ROCE % is -11.26%. Overall, Magadanenergo PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magadanenergo PJSC's ROCE % compare to NEE and SO?
Magadanenergo PJSC's ROCE % of -11.26% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.95, based on 505 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. 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 Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magadanenergo PJSC's current ROCE % is -11.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magadanenergo PJSC stock overvalued right now?
Magadanenergo PJSC (MIC:MAGEP) has a current ROCE % of -11.26%. The current ROCE % is -11.26%. Magadanenergo 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 Magadanenergo PJSC (MIC:MAGEP), the current ROCE % is -11.26% 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.

Magadanenergo PJSC Business Description

Address 24 Sovetskaya Street, Magadan, RUS, 685017
Magadanenergo PJSC is a Russia-based company engaged in the production of electricity and heat, it's transmission and marketing to end-users, and carries out repair and commissioning work at power facilities.
17GF Score

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

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