Philippine Estates (PHS:PHES) EBIT: ₱-29.1 Mil (TTM As of Mar. 2026)


PHS:PHES Philippine Estates Corp PHS:PHES
46 GF Score
Price ₱0.41
GF Value ₱0.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Philippine Estates EBIT?

Philippine Estates PHS:PHES -9.89% 46 EBIT is ₱-29.1 Mil as of Mar. 2026. GuruFocus rates PHS:PHES with a GF Score™ of 46/100 and a GF Value™ of ₱0.25 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Philippine Estates's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₱5.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₱-29.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Philippine Estates's annualized ROC % for the quarter that ended in Mar. 2026 was 0.05%. Philippine Estates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Philippine Estates's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.20%.

Philippine Estates  (PHS:PHES) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Philippine Estates's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=9.568 * ( 1 - 81.47% )/( (3531.631 + 3345.469)/ 2 )
=1.7729504/3438.55
=0.05 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=3609.795 - 60.246 - ( 17.918 - max(0, 531.795 - 3081.449+17.918))
=3531.631

Invested Capital(Q: Mar. 2026 )
=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))
=3663.713 - 289.785 - ( 28.459 - max(0, 557.573 - 3135.991+28.459))
=3345.469

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Philippine Estates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=21.9/( ( (26.242 + max(2414.625, 0)) + (25.595 + max(2460.254, 0)) )/ 2 )
=21.9/( ( 2440.867 + 2485.849 )/ 2 )
=21.9/2463.358
=0.89 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(155.724 + 1986.121 + 700.627) - (60.246 + 0 + 367.601)
=2414.625

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(215.512 + 1997.193 + 701.174) - (289.785 + 0 + 163.84)
=2460.254

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Philippine Estates's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-29.122/1325.051
=-2.20 %

* 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.

Philippine Estates EBIT Related Terms

Philippine Estates EBIT Historical Data

* Premium members only.

The historical data trend for Philippine Estates's EBIT 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.

Philippine Estates EBIT Chart

Philippine Estates Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.71 61.35 99.53 113.07 303.34

Philippine Estates Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 337.94 -9.08 5.31 -30.83 5.48

PHS:PHES vs CBRE, BEKE: EBIT Comparison

For the Real Estate Services subindustry, Philippine Estates's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Philippine Estates EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Philippine Estates's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Philippine Estates's EV-to-EBIT falls into.


PHS:PHES
46GF Score
Philippine Estates Corp PHS:PHES
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Philippine Estates EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-29.1 Mil.

* 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 EBIT →
What does a EBIT of ₱-29.1 Mil mean?
Philippine Estates (PHS:PHES) has a EBIT of ₱-29.1 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Philippine Estates.
Is Philippine Estates' EBIT too high?
Philippine Estates' current EBIT is ₱-29.1 Mil. Overall, Philippine Estates has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philippine Estates' EBIT compare to CBRE and BEKE?
Philippine Estates' EBIT of ₱-29.1 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Philippine Estates. Philippine Estates's current EBIT is ₱-29.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine Estates stock overvalued right now?
Based on GuruFocus' analysis, Philippine Estates (PHS:PHES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.25, compared to a current price of ₱0.41 — trading 64% above its estimated fair value. The current EBIT is ₱-29.1 Mil. Philippine Estates' overall GF Score™ is 46/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Philippine Estates (PHS:PHES), the current EBIT is ₱-29.1 Mil 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.

Is Philippine Estates (PHS:PHES) Overvalued in 2026?

Based on GuruFocus' analysis, Philippine Estates stock appears to be overvalued. The current stock price of ₱0.41 is trading 64% above its estimated GF Value™ of ₱0.25. GuruFocus considers Philippine Estates to be Significantly Overvalued.

Key valuation signals for PHS:PHES:

  • EBIT: ₱-29.1 Mil
  • GF Value™: ₱0.25 vs. price of ₱0.41 (64% above fair value)
  • GF Score™: 46/100 with 8 warning signs

No single metric tells the full story. See the PHS:PHES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Philippine Estates Business Description

Address Julia Vargas Avenue corner, Meralco Avenue, 35th Floor One Corporate Center, Ortigas Center, Pasig, PHL, 1605
Philippine Estates Corp is principally engaged in the business of holding and developing real estate or other properties for industrial, commercial, residential, leisure or sports purposes, and in pursuance thereof, to acquire by purchase, lease or otherwise, real estate and/or appurtenant properties and/or interest therein. The Group classifies business segments based on location of its real property projects as in the following geographical areas: a) Metro Manila: industrial park and condominium projects, b) Bulacan: subdivision, mixed use, c) Other Luzon Areas such as Cavite: subdivision development, d) Cebu: subdivision, mixed use and condominium projects, e) Iloilo: subdivision, mixed use and condominium projects, f) Davao: administrative office. Key revenue is derived from Iloilo.
46GF Score

Get the complete analysis for PHS:PHES

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

₱0.41
Price
₱0.25
GF Value