Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) ROE % Adjusted to Book Value: 24.06% (As of Dec. 2023)


MIC:MAGN Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
17 GF Score
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What is Magnitogorsk Iron & Steel Works PJSC ROE % Adjusted to Book Value?

Magnitogorsk Iron & Steel Works PJSC MIC:MAGN -6.46% 17 ROE % Adjusted to Book Value is 24.06% as of Dec. 2023. GuruFocus rates MIC:MAGN with a GF Score™ of 17/100.

Magnitogorsk Iron & Steel Works PJSC's ROE % for the quarter that ended in Dec. 2023 was 21.17%. Magnitogorsk Iron & Steel Works PJSC's PB Ratio for the quarter that ended in Dec. 2023 was 0.88. Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 was 24.06%.

Magnitogorsk Iron & Steel Works PJSC ROE % Adjusted to Book Value Related Terms

Magnitogorsk Iron & Steel Works PJSC ROE % Adjusted to Book Value Historical Data

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The historical data trend for Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value 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.

Magnitogorsk Iron & Steel Works PJSC ROE % Adjusted to Book Value Chart

Magnitogorsk Iron & Steel Works PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.11 6.90 34.25 20.30 22.47

Magnitogorsk Iron & Steel Works PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Adjusted to Book Value 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 32.42 0.00 7.36 20.63 24.06

MIC:MAGN vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Magnitogorsk Iron & Steel Works PJSC ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value falls into.


MIC:MAGN
17GF Score
Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnitogorsk Iron & Steel Works PJSC ROE % Adjusted to Book Value Calculation

Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=19.77% / 0.88
=22.47%

Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=21.17% / 0.88
=24.06%

* 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.

What does a ROE % Adjusted to Book Value of 24.06% mean?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a ROE % Adjusted to Book Value of 24.06% as of Dec. 2023. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Magnitogorsk Iron & Steel Works PJSC and its competitors.
Is Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value too high?
Magnitogorsk Iron & Steel Works PJSC's current ROE % Adjusted to Book Value is 24.06%. Overall, Magnitogorsk Iron & Steel Works PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value compare to NUE and STLD?
Magnitogorsk Iron & Steel Works PJSC's ROE % Adjusted to Book Value of 24.06% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Steel company?
A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Magnitogorsk Iron & Steel Works PJSC and its competitors. Magnitogorsk Iron & Steel Works PJSC's current ROE % Adjusted to Book Value is 24.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnitogorsk Iron & Steel Works PJSC stock overvalued right now?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a current ROE % Adjusted to Book Value of 24.06%. The current ROE % Adjusted to Book Value is 24.06%. Magnitogorsk Iron & Steel Works 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN), the current ROE % Adjusted to Book Value is 24.06% 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.

Magnitogorsk Iron & Steel Works PJSC Business Description

Address 93, Kirov Street, Chelyabinsk region, Magnitogorsk, RUS, 455000
Magnitogorsk Iron & Steel Works PJSC is a steel producer in Russia. The company's output includes a broad range of steel products with a portion being high-value-added. In Russia, the company operates a large steel-producing complex encompassing the entire production chain from iron-ore processing to downstream production of rolled steel. The company sells the majority of its metal products in Russia. The company's financial results are divided into three segments: the Russian steel segment; the Turkish steel segment; and the coal segment. The steel segment accounts for the vast majority of the company's revenue.
17GF Score

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

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