Aboitiz Equity VenturesPHS:AEV +0.46%83 Return-on-Tangible-Asset is 2.81% as of Mar. 2026, which is 28% below its 10-year median of 3.91. GuruFocus rates PHS:AEV with a GF Score™ of 83/100 and a GF Value™ of ₱41.04 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 511 Utilities - Regulated companies, Aboitiz Equity Ventures ranks worse than 63.8% 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. Aboitiz Equity Ventures's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱25,224 Mil. Aboitiz Equity Ventures's average total tangible assets for the quarter that ended in Mar. 2026 was ₱897,647 Mil. Therefore, Aboitiz Equity Ventures's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.81%.
The historical rank and industry rank for Aboitiz Equity Ventures's Return-on-Tangible-Asset or its related term are showing as below:
PHS:AEV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.22 Med: 3.91 Max: 5.97
Current: 2.54
During the past 13 years, Aboitiz Equity Ventures's highest Return-on-Tangible-Asset was 5.97%. The lowest was 2.22%. And the median was 3.91%.
PHS:AEV's Return-on-Tangible-Asset is ranked worse than 63.8% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.31
vs PHS:AEV: 2.54
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 companys 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 companys 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.
Aboitiz Equity Ventures Return-on-Tangible-Asset Related Terms
Aboitiz Equity Ventures Return-on-Tangible-Asset Historical Data
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The historical data trend for Aboitiz Equity Ventures'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.
PHS:AEV vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Aboitiz Equity Ventures'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.
Aboitiz Equity Ventures Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Aboitiz Equity Ventures's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aboitiz Equity Ventures's Return-on-Tangible-Asset 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.
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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.81% mean?
Aboitiz Equity Ventures (PHS:AEV) has a Return-on-Tangible-Asset of 2.81% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aboitiz Equity Ventures and its competitors. This is 28% below median its historical median of 3.91. Over the past decade, Aboitiz Equity Ventures' Return-on-Tangible-Asset has ranged from 2.22 to 5.97. According to the industry distribution chart, Aboitiz Equity Ventures ranks #326 out of 511 companies in the Utilities - Regulated industry, placing it in the top 63.8%.
Is Aboitiz Equity Ventures' Return-on-Tangible-Asset too high?
Aboitiz Equity Ventures' current Return-on-Tangible-Asset of 2.81% is 28% below median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 5.97. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. Aboitiz Equity Ventures' value of 2.81% is 15.1% below this industry median. Based on the distribution chart, Aboitiz Equity Ventures ranks #326 out of 511 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Aboitiz Equity Ventures has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aboitiz Equity Ventures' Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Aboitiz Equity Ventures ranks #326 out of 511 companies for Return-on-Tangible-Asset. This places Aboitiz Equity Ventures in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Aboitiz Equity Ventures' value of 2.81% is 15.1% below this benchmark. Historically, Aboitiz Equity Ventures' own Return-on-Tangible-Asset has ranged from 2.22 to 5.97 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 3.31, Aboitiz Equity Ventures has consistently been below 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 511 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. Aboitiz Equity Ventures's current Return-on-Tangible-Asset of 2.81% is 15.1% below 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 Aboitiz Equity Ventures and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aboitiz Equity Ventures's current Return-on-Tangible-Asset is 2.81%, which is 28% below median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aboitiz Equity Ventures stock overvalued right now?
Based on GuruFocus' analysis, Aboitiz Equity Ventures (PHS:AEV) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱41.04, compared to a current price of ₱32.85 — trading 20% below its estimated fair value. The current Return-on-Tangible-Asset is 2.81%, which is 28% below median its 10-year median of 3.91 and 15.1% below the Utilities - Regulated industry median of 3.31. Aboitiz Equity Ventures' overall GF Score™ is 83/100 with 6 warning signs 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 Aboitiz Equity Ventures (PHS:AEV), the current Return-on-Tangible-Asset is 2.81% 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 Aboitiz Equity Ventures (PHS:AEV) Overvalued in 2026?
Based on GuruFocus' analysis, Aboitiz Equity Ventures stock appears to be undervalued.
The current stock price of ₱32.85 is trading 20% below its estimated GF Value™ of ₱41.04.
GuruFocus considers Aboitiz Equity Ventures to be Modestly Undervalued.
Key valuation signals for PHS:AEV:
Return-on-Tangible-Asset: 2.81% (28% below median its 10-year median of 3.91)
GF Value™: ₱41.04 vs. price of ₱32.85 (20% below fair value)
Industry Position: 15.1% below the Utilities - Regulated median (#326 of 511)
No single metric tells the full story. See the PHS:AEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aboitiz Equity Ventures Inc is a Philippine holding company with reportable segments of power distribution and generation, financial services, food and beverage, real estate, and infrastructure. The power segment is engaged in power generation and the sale of electricity. The food manufacturing segment is engaged in the production of flour and feeds, and swine breeding. Aboitiz Equity Ventures generates maximum revenue from the power segment. Geographically, it operates solely in the Philippines.
83GF Score
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