Rosseti Volga PJSC (MIC:MRKV) ROCE %: 14.35% (As of Dec. 2023)

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What is Rosseti Volga PJSC ROCE %?

Rosseti Volga PJSC MIC:MRKV +4.49% ROCE % is 14.35% as of Dec. 2023.

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. Rosseti Volga PJSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.35%.

Rosseti Volga PJSC  (MIC:MRKV) 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.

Rosseti Volga PJSC ROCE % Related Terms

Rosseti Volga PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Rosseti Volga 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.

Rosseti Volga PJSC ROCE % Chart

Rosseti Volga 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 11.03 1.12 3.61 1.51 8.96

Rosseti Volga PJSC Quarterly Data
Sep18 Dec18 Jun19 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 11.02 11.17 4.82 6.31 14.35

Rosseti Volga PJSC ROCE % Calculation

Rosseti Volga 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 )
=4782.837/( ( (67610.686 - 18088.728) + (71736.263 - 14478.844) )/ 2 )
=4782.837/( (49521.958+57257.419)/ 2 )
=4782.837/53389.6885
=8.96 %

Rosseti Volga 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 )
=7855.6/( ( (64793.808 - 12548.938) + (71736.263 - 14478.844) )/ 2 )
=7855.6/( ( 52244.87 + 57257.419 )/ 2 )
=7855.6/54751.1445
=14.35 %

(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 14.35% mean?
Rosseti Volga PJSC (MIC:MRKV) has a ROCE % of 14.35% as of Dec. 2023.
Is Rosseti Volga PJSC's ROCE % too high?
Rosseti Volga PJSC's current ROCE % is 14.35%. The Utilities - Regulated industry median ROCE % is 6.91. Rosseti Volga PJSC's value of 14.35% is 107.7% above this industry median.
How does Rosseti Volga PJSC's ROCE % compare to NEE and SO?
Rosseti Volga PJSC's ROCE % of 14.35% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. Rosseti Volga PJSC's value of 14.35% is 107.7% 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 ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, 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. Rosseti Volga PJSC's current ROCE % of 14.35% is 107.7% 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 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 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti Volga PJSC's current ROCE % is 14.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Volga PJSC stock overvalued right now?
Rosseti Volga PJSC (MIC:MRKV) has a current ROCE % of 14.35%. The current ROCE % is 14.35% and 107.7% above the Utilities - Regulated industry median of 6.91. 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 Rosseti Volga PJSC (MIC:MRKV), the current ROCE % is 14.35% 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.

Rosseti Volga PJSC Business Description

Address 42/44 Pervomayskaya Street, Saratov, RUS, 410031
Rosseti Volga PJSC is a Russian company engaged in the distribution of electrical energy. The company's segment includes Saratov Region; Orenburg Region; Samara Region; Penza Region; Ulyanovsk Region; Republic of Chuvashia; Republic of Mordovia and other. It derives a majority of revenue from Saratov Region.