GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rosseti Moscow Region PJSC (MIC:MSRS) » Definitions » Return-on-Tangible-Equity

Rosseti Moscow Region PJSC (MIC:MSRS) Return-on-Tangible-Equity : 6.16% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Rosseti Moscow Region PJSC Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Rosseti Moscow Region PJSC's annualized net income for the quarter that ended in Dec. 2023 was ₽12,817 Mil. Rosseti Moscow Region PJSC's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₽208,153 Mil. Therefore, Rosseti Moscow Region PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 6.16%.

The historical rank and industry rank for Rosseti Moscow Region PJSC's Return-on-Tangible-Equity or its related term are showing as below:

MIC:MSRS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.18   Med: 5.37   Max: 13.35
Current: 13.2

During the past 13 years, Rosseti Moscow Region PJSC's highest Return-on-Tangible-Equity was 13.35%. The lowest was 1.18%. And the median was 5.37%.

MIC:MSRS's Return-on-Tangible-Equity is ranked better than
60.04% of 508 companies
in the Utilities - Regulated industry
Industry Median: 10.66 vs MIC:MSRS: 13.20

Rosseti Moscow Region PJSC Return-on-Tangible-Equity Historical Data

The historical data trend for Rosseti Moscow Region PJSC's Return-on-Tangible-Equity 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.

* Premium members only.

Rosseti Moscow Region PJSC Return-on-Tangible-Equity Chart

Rosseti Moscow Region PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.80 2.77 5.93 7.38 13.35

Rosseti Moscow Region PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 1.41 24.92 6.81 15.51 6.16

Competitive Comparison of Rosseti Moscow Region PJSC's Return-on-Tangible-Equity

For the Utilities - Regulated Electric subindustry, Rosseti Moscow Region PJSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Moscow Region PJSC's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Moscow Region PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Rosseti Moscow Region PJSC's Return-on-Tangible-Equity falls into.



Rosseti Moscow Region PJSC Return-on-Tangible-Equity Calculation

Rosseti Moscow Region PJSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=26288.777/( (184361.396+209463.79 )/ 2 )
=26288.777/196912.593
=13.35 %

Rosseti Moscow Region PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=12817.376/( (206841.642+209463.79)/ 2 )
=12817.376/208152.716
=6.16 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Rosseti Moscow Region PJSC  (MIC:MSRS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Rosseti Moscow Region PJSC Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Rosseti Moscow Region PJSC's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Rosseti Moscow Region PJSC (MIC:MSRS) Business Description

Traded in Other Exchanges
N/A
Address
2 Paveletskiy Proezd, 3, Building 2, Moscow, RUS, 115114
Rosseti Moscow Region PJSC is a distribution electric grid company. The group's main activity is the provision of fee-based services for electricity transmission in Moscow and the Moscow Region. The group also provides technical connection services to electrical networks as part of its core operations. The company's reportable segments are Electricity transmission in Moscow, Electricity transmission in the Moscow Region, Connection services in Moscow, Connection services in the Moscow Region, and Others. The Other segment activities mainly represent rental income, installation services, repair, and technical maintenance of electrical equipment. The majority of revenue is derived from the Electricity transmission segment.

Rosseti Moscow Region PJSC (MIC:MSRS) Headlines

No Headlines