Novolipetsk Steel PJSC (MIC:NLMK) ROE % Adjusted to Book Value: 29.50% (As of Dec. 2021)


MIC:NLMK Novolipetsk Steel PJSC MIC:NLMK
17 GF Score
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What is Novolipetsk Steel PJSC ROE % Adjusted to Book Value?

Novolipetsk Steel PJSC MIC:NLMK -6.37% 17 ROE % Adjusted to Book Value is 29.50% as of Dec. 2021. GuruFocus rates MIC:NLMK with a GF Score™ of 17/100.

Novolipetsk Steel PJSC's ROE % for the quarter that ended in Dec. 2021 was 80.84%. Novolipetsk Steel PJSC's PB Ratio for the quarter that ended in Dec. 2021 was 2.74. Novolipetsk Steel PJSC's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2021 was 29.50%.

Novolipetsk Steel PJSC ROE % Adjusted to Book Value Related Terms

Novolipetsk Steel PJSC ROE % Adjusted to Book Value Historical Data

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The historical data trend for Novolipetsk Steel 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.

Novolipetsk Steel PJSC ROE % Adjusted to Book Value Chart

Novolipetsk Steel PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.49 16.99 9.19 7.23 32.88

Novolipetsk Steel PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 13.57 17.35 29.73 38.05 29.50

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

For the Steel subindustry, Novolipetsk Steel 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.

Novolipetsk Steel PJSC ROE % Adjusted to Book Value vs Steel Industry

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

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


MIC:NLMK
17GF Score
Novolipetsk Steel PJSC MIC:NLMK
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Novolipetsk Steel PJSC ROE % Adjusted to Book Value Calculation

Novolipetsk Steel PJSC's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2021 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=90.08% / 2.74
=32.88%

Novolipetsk Steel PJSC's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2021 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=80.84% / 2.74
=29.50%

* 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 29.50% mean?
Novolipetsk Steel PJSC (MIC:NLMK) has a ROE % Adjusted to Book Value of 29.50% as of Dec. 2021. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Novolipetsk Steel PJSC and its competitors.
Is Novolipetsk Steel PJSC's ROE % Adjusted to Book Value too high?
Novolipetsk Steel PJSC's current ROE % Adjusted to Book Value is 29.50%. Overall, Novolipetsk Steel PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novolipetsk Steel PJSC's ROE % Adjusted to Book Value compare to NUE and STLD?
Novolipetsk Steel PJSC's ROE % Adjusted to Book Value of 29.50% 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 Novolipetsk Steel PJSC and its competitors. Novolipetsk Steel PJSC's current ROE % Adjusted to Book Value is 29.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novolipetsk Steel PJSC stock overvalued right now?
Novolipetsk Steel PJSC (MIC:NLMK) has a current ROE % Adjusted to Book Value of 29.50%. The current ROE % Adjusted to Book Value is 29.50%. Novolipetsk Steel 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 Novolipetsk Steel PJSC (MIC:NLMK), the current ROE % Adjusted to Book Value is 29.50% as of Dec. 2021. 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.

Novolipetsk Steel PJSC Business Description

Address 2, Metallurgov Sq., Lipetsk, RUS, 398040
Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.
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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