Unipro PJSC (MIC:UPRO) ROIC %: 25.48% (As of Dec. 2023)


MIC:UPRO Unipro PJSC MIC:UPRO
17 GF Score
Price ₽0.92
View Full Analysis

What is Unipro PJSC ROIC %?

Unipro PJSC MIC:UPRO +0.72% 17 ROIC % is 25.48% as of Dec. 2023. GuruFocus rates MIC:UPRO 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 %. Unipro PJSC's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2023 was 25.48%.

As of today (2026-07-08), Unipro PJSC's WACC % is 0.00%. Unipro PJSC's ROIC % is 0.00% (calculated using TTM income statement data). Unipro PJSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Unipro PJSC  (MIC:UPRO) 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, Unipro PJSC's WACC % is 0.00%. Unipro PJSC's ROIC % is 0.00% (calculated using TTM income statement data). Unipro 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.


Unipro PJSC ROIC % Related Terms


Unipro PJSC ROIC % Historical Data

* Premium members only.

The historical data trend for Unipro 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.

Unipro PJSC ROIC % Chart

Unipro PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.72 12.74 14.41 24.18 26.24

Unipro PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.70 25.52 26.29 27.05 25.48

MIC:UPRO vs VST, NRG: ROIC % Comparison

For the Utilities - Independent Power Producers subindustry, Unipro 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.


Unipro PJSC ROIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Unipro PJSC's ROIC % distribution charts can be found below:

* The bar in red indicates where Unipro PJSC's ROIC % falls into.


MIC:UPRO
17GF Score
Unipro PJSC MIC:UPRO
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unipro PJSC ROIC % Calculation

Unipro PJSC's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=36076.356 * ( 1 - 20.13% )/( (110583.788 + 109053.923)/ 2 )
=28814.1855372/109818.8555
=26.24 %

where

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))
=146366.579 - 8705.358 - ( 27077.433 - max(0, 10245.946 - 41256.309+27077.433))
=110583.788

Invested Capital(A: Dec. 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))
=166251.904 - 7060.984 - ( 50136.997 - max(0, 8937.98 - 66314.877+50136.997))
=109053.923

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

ROIC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=34226.38 * ( 1 - 18.07% )/( (111037.999 + 109053.923)/ 2 )
=28041.673134/110045.961
=25.48 %

where

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))
=161906.563 - 7107.962 - ( 43760.602 - max(0, 9053.246 - 57239.104+43760.602))
=111037.999

Invested Capital(Q: Dec. 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))
=166251.904 - 7060.984 - ( 50136.997 - max(0, 8937.98 - 66314.877+50136.997))
=109053.923

Note: The Operating Income data used here is two times the semi-annual (Dec. 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 25.48% mean?
Unipro PJSC (MIC:UPRO) has a ROIC % of 25.48% as of Dec. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Unipro PJSC and its competitors.
Is Unipro PJSC's ROIC % too high?
Unipro PJSC's current ROIC % is 25.48%. The Utilities - Independent Power Producers industry median ROIC % is 2.29. Unipro PJSC's value of 25.48% is 1012.7% above this industry median. Overall, Unipro PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Unipro PJSC's ROIC % compare to VST and NRG?
Unipro PJSC's ROIC % of 25.48% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROIC % is 2.29. Unipro PJSC's value of 25.48% is 1012.7% 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 - Independent Power Producers company?
The median ROIC % among Utilities - Independent Power Producers companies is 2.29, based on 429 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. Unipro PJSC's current ROIC % of 25.48% is 1012.7% 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 Unipro PJSC and its competitors. For the Utilities - Independent Power Producers industry, the median ROIC % is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unipro PJSC's current ROIC % is 25.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unipro PJSC stock overvalued right now?
Unipro PJSC (MIC:UPRO) has a current ROIC % of 25.48%. The current ROIC % is 25.48% and 1012.7% above the Utilities - Independent Power Producers industry median of 2.29. Unipro 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 Unipro PJSC (MIC:UPRO), the current ROIC % is 25.48% 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.

Unipro PJSC Business Description

Address Energostroiteley Street, Building 23, Unit 34, Khanty-Mansiysk Autonomous Okrug - Yugra, Surgut, RUS, 628406
Unipro PJSC is operating in the thermal power generation sector in the Russian Federation. The company's core operations comprise electric power and capacity generation and sales. Unipro consists of five heat power plants: Surgutskaya GRES-2, Berezovskaya GRES, Shaturskaya GRES, Smolenskaya GRES and Yaivinskaya GRES.
17GF Score

Get the complete analysis for MIC:UPRO

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

₽0.92
Price