First Philippine HoldingsPHS:FPH 61 Quick Ratio is 1.38 as of Mar. 2026, which is 10% below its 10-year median of 1.53. 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 508 Utilities - Regulated companies, First Philippine Holdings ranks better than 69.09% on this metric.
First Philippine Holdings has a quick ratio of 1.38. It generally indicates good short-term financial strength.
The historical rank and industry rank for First Philippine Holdings's Quick Ratio or its related term are showing as below:
PHS:FPH'
s Quick Ratio Range Over the Past 10 Years
Min: 1.18 Med: 1.53 Max: 2.06
Current: 1.38
During the past 13 years, First Philippine Holdings's highest Quick Ratio was 2.06. The lowest was 1.18. And the median was 1.53.
PHS:FPH's Quick Ratio is ranked better than 69.09% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.005
vs PHS:FPH: 1.38
First Philippine Holdings (PHS:FPH) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
First Philippine Holdings Quick Ratio Related Terms
First Philippine Holdings Quick Ratio 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 Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, First Philippine Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where First Philippine Holdings's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
First Philippine Holdings's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Quick Ratio of 1.38 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on First Philippine Holdings and its competitors. This is 10% below median its historical median of 1.53. Over the past decade, First Philippine Holdings' Quick Ratio has ranged from 1.18 to 2.06. According to the industry distribution chart, First Philippine Holdings ranks #157 out of 508 companies in the Utilities - Regulated industry, placing it in the top 30.9%.
Is First Philippine Holdings' Quick Ratio too high?
First Philippine Holdings' current Quick Ratio of 1.38 is 10% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.06. The Utilities - Regulated industry median Quick Ratio is 1.01. First Philippine Holdings' value of 1.38 is 37.3% above this industry median. Based on the distribution chart, First Philippine Holdings ranks #157 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. 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' Quick Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, First Philippine Holdings ranks #157 out of 508 companies for Quick Ratio. This puts First Philippine Holdings in the upper half of its industry. The industry median Quick Ratio is 1.01. First Philippine Holdings' value of 1.38 is 37.3% above this benchmark. Historically, First Philippine Holdings' own Quick Ratio has ranged from 1.18 to 2.06 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.01, 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 Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Philippine Holdings's current Quick Ratio of 1.38 is 37.3% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on First Philippine Holdings and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Philippine Holdings's current Quick Ratio is 1.38, which is 10% below median its own 10-year median of 1.53. 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 Quick Ratio is 1.38, which is 10% below median its 10-year median of 1.53 and 37.3% above the Utilities - Regulated industry median of 1.01. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For First Philippine Holdings (PHS:FPH), the current Quick Ratio is 1.38 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:
Quick Ratio: 1.38 (10% below median its 10-year median of 1.53)
GF Value™: ₱58.52 vs. price of ₱80.00 (36.7% above fair value)
Industry Position: 37.3% above the Utilities - Regulated median (#157 of 508)
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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