PHS:NRCP'
s Net Margin % Range Over the Past 10 Years
Min: 1.67 Med: 4.34 Max: 16.66
Current: 16.54
PHS:NRCP's Net Margin % is ranked better than 76.94% of 503
companies
in the Insurance industry
Industry Median: 9.29
vs PHS:NRCP: 16.54
National Reinsurance of the Philippines (PHS:NRCP) 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.
National Reinsurance of the Philippines Net Margin % Related Terms
National Reinsurance of the Philippines 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.
National Reinsurance of the Philippines Net Margin % Chart
National Reinsurance of the Philippines Annual Data
For the Insurance - Reinsurance subindustry, National Reinsurance of the Philippines'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.
National Reinsurance of the Philippines Net Margin % vs Insurance Industry
* 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.
National Reinsurance of the Philippines (PHS:NRCP) has a Net Margin % of 16.93% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on National Reinsurance of the Philippines and its competitors. This is 290% above median its historical median of 4.34. Over the past decade, National Reinsurance of the Philippines' Net Margin % has ranged from 1.67 to 16.66. According to the industry distribution chart, National Reinsurance of the Philippines ranks #116 out of 503 companies in the Insurance industry, placing it in the top 23.1%.
Is National Reinsurance of the Philippines' Net Margin % too high?
National Reinsurance of the Philippines' current Net Margin % of 16.93% is 290% above median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 16.66. The Insurance industry median Net Margin % is 9.29. National Reinsurance of the Philippines' value of 16.93% is 82.2% above this industry median. Based on the distribution chart, National Reinsurance of the Philippines ranks #116 out of 503 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, National Reinsurance of the Philippines has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Reinsurance of the Philippines' Net Margin % compare to RGA and EG?
According to the Insurance industry distribution chart, National Reinsurance of the Philippines ranks #116 out of 503 companies for Net Margin %. This places National Reinsurance of the Philippines in the top 23% of its industry — outperforming the majority of peers. The industry median Net Margin % is 9.29. National Reinsurance of the Philippines' value of 16.93% is 82.2% above this benchmark. Historically, National Reinsurance of the Philippines' own Net Margin % has ranged from 1.67 to 16.66 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 9.29, National Reinsurance of the Philippines 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 Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 503 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. National Reinsurance of the Philippines's current Net Margin % of 16.93% is 82.2% 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 National Reinsurance of the Philippines and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Reinsurance of the Philippines's current Net Margin % is 16.93%, which is 290% above median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Reinsurance of the Philippines stock overvalued right now?
Based on GuruFocus' analysis, National Reinsurance of the Philippines (PHS:NRCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.60, compared to a current price of ₱0.86 — trading 43.3% above its estimated fair value. The current Net Margin % is 16.93%, which is 290% above median its 10-year median of 4.34 and 82.2% above the Insurance industry median of 9.29. National Reinsurance of the Philippines' overall GF Score™ is 50/100 with 2 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 National Reinsurance of the Philippines (PHS:NRCP), the current Net Margin % is 16.93% 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 National Reinsurance of the Philippines (PHS:NRCP) Overvalued in 2026?
Based on GuruFocus' analysis, National Reinsurance of the Philippines stock appears to be overvalued.
The current stock price of ₱0.86 is trading 43.3% above its estimated GF Value™ of ₱0.60.
GuruFocus considers National Reinsurance of the Philippines to be Significantly Overvalued.
Key valuation signals for PHS:NRCP:
Net Margin %: 16.93% (290% above median its 10-year median of 4.34)
GF Value™: ₱0.60 vs. price of ₱0.86 (43.3% above fair value)
Industry Position: 82.2% above the Insurance median (#116 of 503)
No single metric tells the full story. See the PHS:NRCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Reinsurance of the Philippines Business Description
National Reinsurance Corp of the Philippines engages in the provision of reinsurance products and services. It operates through the following businesses: life and non-life. The Life Business includes proportional insurance for individual, ordinary, and group businesses, as well as non-proportional insurance for catastrophe, an excess of loss, and stop loss. Non-Life Business provides insurance on fire, aviation, marine and aviation, casualty, motor, and others.
50GF Score
Get the complete analysis for PHS:NRCP
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:NRCP has been successfully added to your 
