Mobile TeleSystems PJSC (MIC:MTSS) ROCE %: 22.02% (As of Mar. 2023)


MIC:MTSS Mobile TeleSystems PJSC MIC:MTSS
17 GF Score
Price ₽220.35
View Full Analysis

What is Mobile TeleSystems PJSC ROCE %?

Mobile TeleSystems PJSC MIC:MTSS +3.45% 17 ROCE % is 22.02% as of Mar. 2023. GuruFocus rates MIC:MTSS 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. Mobile TeleSystems PJSC's annualized ROCE % for the quarter that ended in Mar. 2023 was 22.02%.

Mobile TeleSystems PJSC  (MIC:MTSS) 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.

Mobile TeleSystems PJSC ROCE % Related Terms

Mobile TeleSystems PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Mobile TeleSystems 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.

Mobile TeleSystems PJSC ROCE % Chart

Mobile TeleSystems 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 22.95 20.31 22.04 21.13 20.10

Mobile TeleSystems PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 17.65 16.39 24.52 0.00 22.02
MIC:MTSS
17GF Score
Mobile TeleSystems PJSC MIC:MTSS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mobile TeleSystems PJSC ROCE % Calculation

Mobile TeleSystems 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 )
=107932/( ( (1015818 - 473420) + (1082930 - 551345) )/ 2 )
=107932/( (542398+531585)/ 2 )
=107932/536991.5
=20.10 %

Mobile TeleSystems PJSC's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=115096/( ( (1082930 - 551345) + (1086721 - 572985) )/ 2 )
=115096/( ( 531585 + 513736 )/ 2 )
=115096/522660.5
=22.02 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 22.02% mean?
Mobile TeleSystems PJSC (MIC:MTSS) has a ROCE % of 22.02% as of Mar. 2023.
Is Mobile TeleSystems PJSC's ROCE % too high?
Mobile TeleSystems PJSC's current ROCE % is 22.02%. The Telecommunication Services industry median ROCE % is 7.72. Mobile TeleSystems PJSC's value of 22.02% is 185.2% above this industry median. Overall, Mobile TeleSystems PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mobile TeleSystems PJSC's ROCE % compare to TMUS and VZ?
Mobile TeleSystems PJSC's ROCE % of 22.02% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Mobile TeleSystems PJSC's value of 22.02% is 185.2% 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. Mobile TeleSystems PJSC's current ROCE % of 22.02% is 185.2% 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. Mobile TeleSystems PJSC's current ROCE % is 22.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobile TeleSystems PJSC stock overvalued right now?
Mobile TeleSystems PJSC (MIC:MTSS) has a current ROCE % of 22.02%. The current ROCE % is 22.02% and 185.2% above the Telecommunication Services industry median of 7.72. Mobile TeleSystems 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 Mobile TeleSystems PJSC (MIC:MTSS), the current ROCE % is 22.02% as of Mar. 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.

Mobile TeleSystems PJSC Business Description

Address 4 Marksistskaya Street, Moscow, RUS, 109147
Mobile TeleSystems PJSC is a wireless telephone operator in Russia. The company is a large provider of fixed-line broadband and pay-TV services in the country, with a strong fixed-line presence in Moscow. The company's segment includes Telecom; Fintech and others. It generates maximum revenue from the Telecom segment.
17GF Score

Get the complete analysis for MIC:MTSS

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

₽220.35
Price