First Philippine HoldingsPHS:FPH 61 Net Margin % is 18.51% as of Mar. 2026, which is 99% above its 10-year median of 9.31. GuruFocus rates PHS:FPH with a GF Score™ of 61/100 and a GF Value™ of ₱58.52 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 501 Utilities - Regulated companies, First Philippine Holdings ranks better than 91.82% on this metric.
The historical rank and industry rank for First Philippine Holdings's Net Margin % or its related term are showing as below:
PHS:FPH'
s Net Margin % Range Over the Past 10 Years
Min: 5.58 Med: 9.31 Max: 28.58
Current: 28.58
PHS:FPH's Net Margin % is ranked better than 91.82% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs PHS:FPH: 28.58
First Philippine Holdings (PHS:FPH) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
First Philippine Holdings Net Margin % Related Terms
First Philippine Holdings Net Margin % Historical Data
* 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.
For the Utilities - Regulated Electric subindustry, First Philippine Holdings's Net Margin %, along with its competitors' market caps and Net Margin % 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.
First Philippine Holdings Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, First Philippine Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where First Philippine Holdings's Net Margin % falls into.
* 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.
First Philippine Holdings (PHS:FPH) has a Net Margin % of 18.51% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on First Philippine Holdings and its competitors. This is 99% above median its historical median of 9.31. Over the past decade, First Philippine Holdings' Net Margin % has ranged from 5.58 to 28.58. According to the industry distribution chart, First Philippine Holdings ranks #41 out of 501 companies in the Utilities - Regulated industry, placing it in the top 8.2%.
Is First Philippine Holdings' Net Margin % too high?
First Philippine Holdings' current Net Margin % of 18.51% is 99% above median its 10-year median of 9.31. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 28.58. The Utilities - Regulated industry median Net Margin % is 8.80. First Philippine Holdings' value of 18.51% is 110.3% above this industry median. Based on the distribution chart, First Philippine Holdings ranks #41 out of 501 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, First Philippine Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Philippine Holdings' Net Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, First Philippine Holdings ranks #41 out of 501 companies for Net Margin %. This places First Philippine Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Net Margin % is 8.80. First Philippine Holdings' value of 18.51% is 110.3% above this benchmark. Historically, First Philippine Holdings' own Net Margin % has ranged from 5.58 to 28.58 over the past decade. While the company's 10-year median is 9.31 vs. the industry median of 8.80, First Philippine Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Philippine Holdings's current Net Margin % of 18.51% is 110.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on First Philippine Holdings and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Philippine Holdings's current Net Margin % is 18.51%, which is 99% above median its own 10-year median of 9.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Philippine Holdings stock overvalued right now?
Based on GuruFocus' analysis, First Philippine Holdings (PHS:FPH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱58.52, compared to a current price of ₱80.00 — trading 36.7% above its estimated fair value. The current Net Margin % is 18.51%, which is 99% above median its 10-year median of 9.31 and 110.3% above the Utilities - Regulated industry median of 8.80. First Philippine Holdings' overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For First Philippine Holdings (PHS:FPH), the current Net Margin % is 18.51% 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 First Philippine Holdings (PHS:FPH) Overvalued in 2026?
Based on GuruFocus' analysis, First Philippine Holdings stock appears to be overvalued.
The current stock price of ₱80.00 is trading 36.7% above its estimated GF Value™ of ₱58.52.
GuruFocus considers First Philippine Holdings to be Significantly Overvalued.
Key valuation signals for PHS:FPH:
Net Margin %: 18.51% (99% above median its 10-year median of 9.31)
GF Value™: ₱58.52 vs. price of ₱80.00 (36.7% above fair value)
Industry Position: 110.3% above the Utilities - Regulated median (#41 of 501)
No single metric tells the full story. See the PHS:FPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Philippine Holdings Corporation are engaged mainly in, but not limited to, power generation, real estate development, energy solutions, construction and other service industries. The company's segments its activities into Power Generation, Real Estate Development, Energy Solutions, Construction, and other services. The majority of revenue comes from Power Generation segment. The Power generation has one geographical segment. Real Estate Development has presence in National Capital Region, Central Luzon, Southern Luzon, Central Visayas, Western Visayas of which majority of revenue comes from National capital region.
61GF Score
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