Rosseti Volga PJSC (MIC:MRKV) ROE %: 13.43% (As of Dec. 2023)

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What is Rosseti Volga PJSC ROE %?

Rosseti Volga PJSC MIC:MRKV +4.49% ROE % is 13.43% as of Dec. 2023.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rosseti Volga PJSC's annualized net income for the quarter that ended in Dec. 2023 was ₽5,572 Mil. Rosseti Volga PJSC's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₽41,485 Mil. Therefore, Rosseti Volga PJSC's annualized ROE % for the quarter that ended in Dec. 2023 was 13.43%.

The historical rank and industry rank for Rosseti Volga PJSC's ROE % or its related term are showing as below:

MIC:MRKV's ROE % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 8.68
* Ranked among companies with meaningful ROE % only.

Rosseti Volga PJSC  (MIC:MRKV) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=5571.968/41484.947
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5571.968 / 82719.384)*(82719.384 / 68265.0355)*(68265.0355 / 41484.947)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.74 %*1.2117*1.6455
=ROA %*Equity Multiplier
=8.17 %*1.6455
=13.43 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=5571.968/41484.947
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5571.968 / 7090.676) * (7090.676 / 6412.952) * (6412.952 / 82719.384) * (82719.384 / 68265.0355) * (68265.0355 / 41484.947)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7858 * 1.1057 * 7.75 % * 1.2117 * 1.6455
=13.43 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Rosseti Volga PJSC ROE % Related Terms


Rosseti Volga PJSC ROE % Historical Data

* Premium members only.

The historical data trend for Rosseti Volga PJSC's ROE % 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 ROE % Chart

Rosseti Volga PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.08 -0.30 2.51 -1.20 7.32

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
ROE % 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 9.09 8.56 2.95 4.31 13.43

MIC:MRKV vs NEE, SO, DUK: ROE % Comparison

For the Utilities - Regulated Electric subindustry, Rosseti Volga PJSC's ROE %, along with its competitors' market caps and ROE % 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.


Rosseti Volga PJSC ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Volga PJSC's ROE % distribution charts can be found below:

* The bar in red indicates where Rosseti Volga PJSC's ROE % falls into.



Rosseti Volga PJSC ROE % Calculation

Rosseti Volga PJSC's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=2972.193/( (39045.614+42138.091)/ 2 )
=2972.193/40591.8525
=7.32 %

Rosseti Volga PJSC's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=5571.968/( (40831.803+42138.091)/ 2 )
=5571.968/41484.947
=13.43 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 13.43% mean?
Rosseti Volga PJSC (MIC:MRKV) has a ROE % of 13.43% as of Dec. 2023. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Rosseti Volga PJSC and its competitors.
Is Rosseti Volga PJSC's ROE % too high?
Rosseti Volga PJSC's current ROE % is 13.43%. The Utilities - Regulated industry median ROE % is 8.68. Rosseti Volga PJSC's value of 13.43% is 54.7% above this industry median.
How does Rosseti Volga PJSC's ROE % compare to NEE and SO?
Rosseti Volga PJSC's ROE % of 13.43% can be compared against companies in the Utilities - Regulated industry. The industry median ROE % is 8.68. Rosseti Volga PJSC's value of 13.43% is 54.7% 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.68, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rosseti Volga PJSC's current ROE % of 13.43% is 54.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Rosseti Volga PJSC and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti Volga PJSC's current ROE % is 13.43%. 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 ROE % of 13.43%. The current ROE % is 13.43% and 54.7% above the Utilities - Regulated industry median of 8.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Rosseti Volga PJSC (MIC:MRKV), the current ROE % is 13.43% 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.