Moscow City Telephone Network PJSC (MIC:MGTS) ROCE %: 18.31% (As of Dec. 2023)


MIC:MGTS Moscow City Telephone Network PJSC MIC:MGTS
17 GF Score
Price ₽1,164.00
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What is Moscow City Telephone Network PJSC ROCE %?

Moscow City Telephone Network PJSC MIC:MGTS -2.02% 17 ROCE % is 18.31% as of Dec. 2023. GuruFocus rates MIC:MGTS 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. Moscow City Telephone Network PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 18.31%.

Moscow City Telephone Network PJSC  (MIC:MGTS) 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.

Moscow City Telephone Network PJSC ROCE % Related Terms

Moscow City Telephone Network PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Moscow City Telephone Network 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.

Moscow City Telephone Network PJSC ROCE % Chart

Moscow City Telephone Network 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 22.41 17.40 17.40 17.24 16.98

Moscow City Telephone Network PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 19.75 16.94 15.69 16.53 18.31
MIC:MGTS
17GF Score
Moscow City Telephone Network PJSC MIC:MGTS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Moscow City Telephone Network PJSC ROCE % Calculation

Moscow City Telephone Network 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 )
=23971/( ( (144869 - 12654) + (165213 - 15074) )/ 2 )
=23971/( (132215+150139)/ 2 )
=23971/141177
=16.98 %

Moscow City Telephone Network 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 )
=27220.844/( ( (162236.471 - 14989.165) + (165213 - 15074) )/ 2 )
=27220.844/( ( 147247.306 + 150139 )/ 2 )
=27220.844/148693.153
=18.31 %

(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 18.31% mean?
Moscow City Telephone Network PJSC (MIC:MGTS) has a ROCE % of 18.31% as of Dec. 2023.
Is Moscow City Telephone Network PJSC's ROCE % too high?
Moscow City Telephone Network PJSC's current ROCE % is 18.31%. The Telecommunication Services industry median ROCE % is 7.72. Moscow City Telephone Network PJSC's value of 18.31% is 137.2% above this industry median. Overall, Moscow City Telephone Network PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Moscow City Telephone Network PJSC's ROCE % compare to TMUS and VZ?
Moscow City Telephone Network PJSC's ROCE % of 18.31% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Moscow City Telephone Network PJSC's value of 18.31% is 137.2% 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 ROCE % for a Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.72, based on 356 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. Moscow City Telephone Network PJSC's current ROCE % of 18.31% is 137.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median ROCE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moscow City Telephone Network PJSC's current ROCE % is 18.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moscow City Telephone Network PJSC stock overvalued right now?
Moscow City Telephone Network PJSC (MIC:MGTS) has a current ROCE % of 18.31%. The current ROCE % is 18.31% and 137.2% above the Telecommunication Services industry median of 7.72. Moscow City Telephone Network 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 Moscow City Telephone Network PJSC (MIC:MGTS), the current ROCE % is 18.31% 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.

Moscow City Telephone Network PJSC Business Description

Address No. 12, Building 3, Petrovsky Boulevard, Moscow, RUS, 127994
Moscow City Telephone Network PJSC provides fixed telephone services, Internet access, virtual private networks (VPN), digital television for more than 5,000 government agencies.
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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