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Rosseti Kuban PJSC (MIC:KUBE) ROE % : -3.05% (As of Dec. 2023)


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What is Rosseti Kuban PJSC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rosseti Kuban PJSC's annualized net income for the quarter that ended in Dec. 2023 was ₽-1,520 Mil. Rosseti Kuban PJSC's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₽49,776 Mil. Therefore, Rosseti Kuban PJSC's annualized ROE % for the quarter that ended in Dec. 2023 was -3.05%.

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

MIC:KUBE' s ROE % Range Over the Past 10 Years
Min: -24.09   Med: 7.48   Max: 15.12
Current: 10.06

During the past 13 years, Rosseti Kuban PJSC's highest ROE % was 15.12%. The lowest was -24.09%. And the median was 7.48%.

MIC:KUBE's ROE % is ranked better than
59.77% of 512 companies
in the Utilities - Regulated industry
Industry Median: 8.545 vs MIC:KUBE: 10.06

Rosseti Kuban PJSC ROE % Historical Data

The historical data trend for Rosseti Kuban 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.

* Premium members only.

Rosseti Kuban PJSC ROE % Chart

Rosseti Kuban 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 9.50 -3.68 5.46 15.04 15.12

Rosseti Kuban PJSC Quarterly Data
Mar18 Jun18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 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 31.33 5.35 17.86 26.24 -3.05

Competitive Comparison of Rosseti Kuban PJSC's ROE %

For the Utilities - Regulated Electric subindustry, Rosseti Kuban 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 Kuban PJSC's ROE % Distribution in the Utilities - Regulated Industry

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

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



Rosseti Kuban PJSC ROE % Calculation

Rosseti Kuban 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 )
=6818.242/( (40330.174+49873.707)/ 2 )
=6818.242/45101.9405
=15.12 %

Rosseti Kuban 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 )
=-1519.964/( (49678.206+49873.707)/ 2 )
=-1519.964/49775.9565
=-3.05 %

* 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.


Rosseti Kuban PJSC  (MIC:KUBE) 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
=-1519.964/49775.9565
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1519.964 / 71797.724)*(71797.724 / 101917.8895)*(101917.8895 / 49775.9565)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.12 %*0.7045*2.0475
=ROA %*Equity Multiplier
=-1.49 %*2.0475
=-3.05 %

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
=-1519.964/49775.9565
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1519.964 / -701.236) * (-701.236 / -1527.772) * (-1527.772 / 71797.724) * (71797.724 / 101917.8895) * (101917.8895 / 49775.9565)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.1675 * 0.459 * -2.13 % * 0.7045 * 2.0475
=-3.05 %

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 Kuban PJSC ROE % Related Terms

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Rosseti Kuban PJSC (MIC:KUBE) Business Description

Traded in Other Exchanges
N/A
Address
4, Belovezhskaya Street, Moscow, RUS, 121353
Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.

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