TNS energo Mari El PJSC (MIC:MISBP) ROCE %: 35.10% (As of Jun. 2023)


MIC:MISBP TNS energo Mari El PJSC MIC:MISBP
17 GF Score
Price ₽38.20
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What is TNS energo Mari El PJSC ROCE %?

TNS energo Mari El PJSC MIC:MISBP -4.50% 17 ROCE % is 35.10% as of Jun. 2023. GuruFocus rates MIC:MISBP 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. TNS energo Mari El PJSC's annualized ROCE % for the quarter that ended in Jun. 2023 was 35.10%.

TNS energo Mari El PJSC  (MIC:MISBP) 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.

TNS energo Mari El PJSC ROCE % Related Terms

TNS energo Mari El PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for TNS energo Mari El 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.

TNS energo Mari El PJSC ROCE % Chart

TNS energo Mari El PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.98 56.22 64.64 37.60 35.33

TNS energo Mari El PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 39.07 14.26 58.15 69.85 35.10
MIC:MISBP
17GF Score
TNS energo Mari El PJSC MIC:MISBP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TNS energo Mari El PJSC ROCE % Calculation

TNS energo Mari El PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=475.608/( ( (3050.3 - 1914.751) + (2849.429 - 1292.46) )/ 2 )
=475.608/( (1135.549+1556.969)/ 2 )
=475.608/1346.259
=35.33 %

TNS energo Mari El 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: Jun. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=1168.62/( ( (0 - 0) + (4148.659 - 819.298) )/ 1 )
=1168.62/( ( 0 + 3329.361 )/ 1 )
=1168.62/3329.361
=35.10 %

(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 35.10% mean?
TNS energo Mari El PJSC (MIC:MISBP) has a ROCE % of 35.10% as of Jun. 2023.
Is TNS energo Mari El PJSC's ROCE % too high?
TNS energo Mari El PJSC's current ROCE % is 35.10%. The Utilities - Regulated industry median ROCE % is 6.98. TNS energo Mari El PJSC's value of 35.10% is 402.9% above this industry median. Overall, TNS energo Mari El PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does TNS energo Mari El PJSC's ROCE % compare to NEE and SO?
TNS energo Mari El PJSC's ROCE % of 35.10% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.98. TNS energo Mari El PJSC's value of 35.10% is 402.9% 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 an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.98, based on 506 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. TNS energo Mari El PJSC's current ROCE % of 35.10% is 402.9% 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 Utilities - Regulated industry, the median ROCE % is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TNS energo Mari El PJSC's current ROCE % is 35.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TNS energo Mari El PJSC stock overvalued right now?
TNS energo Mari El PJSC (MIC:MISBP) has a current ROCE % of 35.10%. The current ROCE % is 35.10% and 402.9% above the Utilities - Regulated industry median of 6.98. TNS energo Mari El 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 TNS energo Mari El PJSC (MIC:MISBP), the current ROCE % is 35.10% 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.

TNS energo Mari El PJSC Business Description

Address Street Yvan Kurly, 21, Yoshkar-Ola, RUS, 424019
TNS energo Mari El PJSC is engaged in the distribution of electricity.
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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