Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Wholesale Generation Co-2MIC:OGKB +9.39% ROE % is 4.48% as of Mar. 2026, which is 29% below its 10-year median of 6.33. The stock has 5 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, Wholesale Generation Co-2 ranks worse than 70.28% on this metric.
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:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
* 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.
For the Utilities - Independent Power Producers subindustry, Wholesale Generation Co-2'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.
Wholesale Generation Co-2 ROE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Wholesale Generation Co-2's ROE % distribution charts can be found below:
* The bar in red indicates where Wholesale Generation Co-2's ROE % falls into.
* 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Wholesale Generation Co-2 (MIC:OGKB) has a ROE % of 4.48% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Wholesale Generation Co-2 and its competitors. This is 29% below median its historical median of 6.33. According to the industry distribution chart, Wholesale Generation Co-2 ranks #305 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 70.3%.
Is Wholesale Generation Co-2's ROE % too high?
Wholesale Generation Co-2's current ROE % of 4.48% is 29% below median its 10-year median of 6.33. The Utilities - Independent Power Producers industry median ROE % is 3.82. Wholesale Generation Co-2's value of 4.48% is 17.3% above this industry median. Based on the distribution chart, Wholesale Generation Co-2 ranks #305 out of 434 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint.
How does Wholesale Generation Co-2's ROE % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Wholesale Generation Co-2 ranks #305 out of 434 companies for ROE %. This places Wholesale Generation Co-2 in the lower half of its industry. The industry median ROE % is 3.82. Wholesale Generation Co-2's value of 4.48% is 17.3% above this benchmark. While the company's 10-year median is 6.33 vs. the industry median of 3.82, Wholesale Generation Co-2 has consistently been above the industry average. 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 - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.82, based on 434 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. Wholesale Generation Co-2's current ROE % of 4.48% is 17.3% 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 Wholesale Generation Co-2 and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wholesale Generation Co-2's current ROE % is 4.48%, which is 29% below median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholesale Generation Co-2 stock overvalued right now?
Based on GuruFocus' analysis, Wholesale Generation Co-2 (MIC:OGKB) is currently considered Possible Value Trap. The stock's GF Value™ is ₽0.39, compared to a current price of ₽0.18 — trading 53.4% below its estimated fair value. The current ROE % is 4.48%, which is 29% below median its 10-year median of 6.33 and 17.3% above the Utilities - Independent Power Producers industry median of 3.82. 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 Wholesale Generation Co-2 (MIC:OGKB), the current ROE % is 4.48% as of Mar. 2026. 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.
Wholesale Generation Co-2, formerly OGK-2 JSC is a Russian company that is engaged in the business of generation and sale of electric and heat power. It mainly focuses on the production and sale of electricity and thermal energy in the wholesale market of electric energy (power). The company operates through power stations namely Kirishskaya GRES, Surgutskaya GRES-1, Novocherkasskaya GRES, Stavropolskaya GRES, Troitskaya GRES, Ryazanskaya GRES, Serovskaya among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIC:OGKB has been successfully added to your 
