Kurgan Generating Company PJSC (MIC:KGKC) ROIC %: 7.26% (As of Jun. 2023)


What is Kurgan Generating Company PJSC ROIC %?

Kurgan Generating Company PJSC MIC:KGKC -0.92% 17 ROIC % is 7.26% as of Jun. 2023. GuruFocus rates MIC:KGKC with a GF Score™ of 17/100.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Kurgan Generating Company PJSC's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2023 was 7.26%.

As of today (2026-07-04), Kurgan Generating Company PJSC's WACC % is 0.00%. Kurgan Generating Company PJSC's ROIC % is 0.00% (calculated using TTM income statement data). Kurgan Generating Company PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Kurgan Generating Company PJSC  (MIC:KGKC) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Kurgan Generating Company PJSC's WACC % is 0.00%. Kurgan Generating Company PJSC's ROIC % is 0.00% (calculated using TTM income statement data). Kurgan Generating Company PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Kurgan Generating Company PJSC ROIC % Related Terms


Kurgan Generating Company PJSC ROIC % Historical Data

* Premium members only.

The historical data trend for Kurgan Generating Company PJSC's ROIC % 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.

Kurgan Generating Company PJSC ROIC % Chart

Kurgan Generating Company PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.08 3.37 3.78 3.39

Kurgan Generating Company PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROIC % 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 5.25 0.00 4.13 3.00 7.26

MIC:KGKC vs NEE, SO, DUK: ROIC % Comparison

For the Utilities - Regulated Electric subindustry, Kurgan Generating Company PJSC's ROIC %, along with its competitors' market caps and ROIC % 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.


Kurgan Generating Company PJSC ROIC % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kurgan Generating Company PJSC's ROIC % distribution charts can be found below:

* The bar in red indicates where Kurgan Generating Company PJSC's ROIC % falls into.



Kurgan Generating Company PJSC ROIC % Calculation

Kurgan Generating Company PJSC's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2022 is calculated as:

ROIC % (A: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2021 ) + Invested Capital (A: Dec. 2022 ))/ count )
=468.325 * ( 1 - 34.24% )/( (7681.233 + 10492.785)/ 2 )
=307.97052/9087.009
=3.39 %

where

Invested Capital(A: Dec. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9804.924 - 1423.122 - ( 700.569 - max(0, 3325.589 - 4188.051+700.569))
=7681.233

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12655.818 - 2528.645 - ( 78.441 - max(0, 4475.675 - 4110.063+78.441))
=10492.785

Kurgan Generating Company PJSC's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2023 is calculated as:

ROIC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=1046.952 * ( 1 - 27.15% )/( (10492.785 + 10527.016)/ 2 )
=762.704532/10509.9005
=7.26 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12655.818 - 2528.645 - ( 78.441 - max(0, 4475.675 - 4110.063+78.441))
=10492.785

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12432.62 - 1663.948 - ( 241.656 - max(0, 3594.144 - 4134.195+241.656))
=10527.016

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 7.26% mean?
Kurgan Generating Company PJSC (MIC:KGKC) has a ROIC % of 7.26% as of Jun. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kurgan Generating Company PJSC and its competitors.
Is Kurgan Generating Company PJSC's ROIC % too high?
Kurgan Generating Company PJSC's current ROIC % is 7.26%. The Utilities - Regulated industry median ROIC % is 4.18. Kurgan Generating Company PJSC's value of 7.26% is 73.7% above this industry median. Overall, Kurgan Generating Company PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kurgan Generating Company PJSC's ROIC % compare to NEE and SO?
Kurgan Generating Company PJSC's ROIC % of 7.26% can be compared against companies in the Utilities - Regulated industry. The industry median ROIC % is 4.18. Kurgan Generating Company PJSC's value of 7.26% is 73.7% 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 ROIC % for an Utilities - Regulated company?
The median ROIC % among Utilities - Regulated companies is 4.18, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kurgan Generating Company PJSC's current ROIC % of 7.26% is 73.7% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kurgan Generating Company PJSC and its competitors. For the Utilities - Regulated industry, the median ROIC % is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kurgan Generating Company PJSC's current ROIC % is 7.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurgan Generating Company PJSC stock overvalued right now?
Kurgan Generating Company PJSC (MIC:KGKC) has a current ROIC % of 7.26%. The current ROIC % is 7.26% and 73.7% above the Utilities - Regulated industry median of 4.18. Kurgan Generating Company 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 ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Kurgan Generating Company PJSC (MIC:KGKC), the current ROIC % is 7.26% as of Jun. 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.

Kurgan Generating Company PJSC Business Description

Address Building 29A, Constitution Avenue, Kurgan, RUS, 640000
Kurgan Generating Company PJSC formerly Kurganskaya Generiruyushchaya Kompaniya PAO produces electrical and heat energy. The company supplies electricity and power to the wholesale market, as well as supplies thermal energy to the consumers.