PHOE (Phoenix Asia Holdings) Return-on-Tangible-Asset: 5.63% (As of Sep. 2025) — 75% Below Median

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PHOE Phoenix Asia Holdings Ltd PHOE
24 GF Score
Price $23.67
! 1 Warning Sign
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What is Phoenix Asia Holdings Return-on-Tangible-Asset?

Phoenix Asia Holdings PHOE +2.47% 24 Return-on-Tangible-Asset is 5.63% as of Sep. 2025, which is 75% below its 10-year median of 22.61. GuruFocus rates PHOE with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,781 Construction companies, Phoenix Asia Holdings ranks better than 84.39% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Phoenix Asia Holdings's annualized Net Income for the quarter that ended in Sep. 2025 was $0.40 Mil. Phoenix Asia Holdings's average total tangible assets for the quarter that ended in Sep. 2025 was $7.03 Mil. Therefore, Phoenix Asia Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 5.63%.

The historical rank and industry rank for Phoenix Asia Holdings's Return-on-Tangible-Asset or its related term are showing as below:

PHOE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.6   Med: 22.61   Max: 39.87
Current: 9.6

During the past 3 years, Phoenix Asia Holdings's highest Return-on-Tangible-Asset was 39.87%. The lowest was 9.60%. And the median was 22.61%.

PHOE's Return-on-Tangible-Asset is ranked better than
84.39% of 1781 companies
in the Construction industry
Industry Median: 3.05 vs PHOE: 9.60

Phoenix Asia Holdings  (NAS:PHOE) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Phoenix Asia Holdings Return-on-Tangible-Asset Related Terms


Phoenix Asia Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Phoenix Asia Holdings's Return-on-Tangible-Asset 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.

Phoenix Asia Holdings Return-on-Tangible-Asset Chart

Phoenix Asia Holdings Annual Data
Trend Mar23 Mar24 Mar25
Return-on-Tangible-Asset
21.96 39.87 22.61

Phoenix Asia Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Return-on-Tangible-Asset Get a 7-Day Free Trial 58.32 31.86 30.88 16.06 5.63

PHOE vs BWMN, ORN, MTRX: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Phoenix Asia Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Phoenix Asia Holdings Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Phoenix Asia Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Phoenix Asia Holdings's Return-on-Tangible-Asset falls into.


PHOE
24GF Score
Phoenix Asia Holdings Ltd PHOE
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Asia Holdings Return-on-Tangible-Asset Calculation

Phoenix Asia Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=1.026/( (3.704+5.37)/ 2 )
=1.026/4.537
=22.61 %

Phoenix Asia Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=0.396/( (5.37+8.697)/ 2 )
=0.396/7.0335
=5.63 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Sep. 2025) net income data.

What does a Return-on-Tangible-Asset of 5.63% mean?
Phoenix Asia Holdings (PHOE) has a Return-on-Tangible-Asset of 5.63% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Phoenix Asia Holdings and its competitors. This is 75% below median its historical median of 22.61. Over the past decade, Phoenix Asia Holdings' Return-on-Tangible-Asset has ranged from 9.60 to 39.87. According to the industry distribution chart, Phoenix Asia Holdings ranks #278 out of 1781 companies in the Construction industry, placing it in the top 15.6%.
Is Phoenix Asia Holdings' Return-on-Tangible-Asset too high?
Phoenix Asia Holdings' current Return-on-Tangible-Asset of 5.63% is 75% below median its 10-year median of 22.61. Over the past 10 years, this metric has ranged from a low of 9.60 to a high of 39.87. The Construction industry median Return-on-Tangible-Asset is 3.05. Phoenix Asia Holdings' value of 5.63% is 84.6% above this industry median. Based on the distribution chart, Phoenix Asia Holdings ranks #278 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Asia Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Asia Holdings' Return-on-Tangible-Asset compare to BWMN and ORN?
According to the Construction industry distribution chart, Phoenix Asia Holdings ranks #278 out of 1781 companies for Return-on-Tangible-Asset. This places Phoenix Asia Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Phoenix Asia Holdings' value of 5.63% is 84.6% above this benchmark. Historically, Phoenix Asia Holdings' own Return-on-Tangible-Asset has ranged from 9.60 to 39.87 over the past decade. While the company's 10-year median is 22.61 vs. the industry median of 3.05, Phoenix Asia 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 Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,781 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Phoenix Asia Holdings's current Return-on-Tangible-Asset of 5.63% is 84.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Phoenix Asia Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Asia Holdings's current Return-on-Tangible-Asset is 5.63%, which is 75% below median its own 10-year median of 22.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Asia Holdings stock overvalued right now?
Phoenix Asia Holdings (PHOE) has a current Return-on-Tangible-Asset of 5.63%. The current Return-on-Tangible-Asset is 5.63%, which is 75% below median its 10-year median of 22.61 and 84.6% above the Construction industry median of 3.05. Phoenix Asia Holdings' overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Phoenix Asia Holdings (PHOE), the current Return-on-Tangible-Asset is 5.63% as of Sep. 2025. 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.

Phoenix Asia Holdings Business Description

Address 19 Lam Hing Street, Workshop B14, 8th Floor, Block B, Tonic Industrial Center, Kowloon Bay, Hong Kong, HKG
Phoenix Asia Holdings Ltd operates its business through its indirectly wholly-owned Operating Subsidiary, It is engaged in substructure works, such as site formation, ground investigation and foundation works, in Hong Kong. To a lesser extent, the company also provides other construction services such as structural steelworks.
24GF Score

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

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