Filinvest DevelopmentPHS:FDC -1.39%84 Return-on-Tangible-Asset is 1.83% as of Mar. 2026, which is 36% above its 10-year median of 1.35. GuruFocus rates PHS:FDC with a GF Score™ of 84/100 and a GF Value™ of ₱6.11 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 567 Conglomerates companies, Filinvest Development ranks worse than 57.5% 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. Filinvest Development's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱15,751 Mil. Filinvest Development's average total tangible assets for the quarter that ended in Mar. 2026 was ₱859,550 Mil. Therefore, Filinvest Development's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.83%.
The historical rank and industry rank for Filinvest Development's Return-on-Tangible-Asset or its related term are showing as below:
PHS:FDC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.86 Med: 1.35 Max: 2
Current: 1.83
During the past 13 years, Filinvest Development's highest Return-on-Tangible-Asset was 2.00%. The lowest was 0.86%. And the median was 1.35%.
PHS:FDC's Return-on-Tangible-Asset is ranked worse than 57.5% of 567
companies
in the Conglomerates industry
Industry Median: 2.69
vs PHS:FDC: 1.83
Filinvest Development (PHS:FDC) 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 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.
Filinvest Development Return-on-Tangible-Asset Related Terms
Filinvest Development Return-on-Tangible-Asset Historical Data
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The historical data trend for Filinvest Development'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.
Filinvest Development Return-on-Tangible-Asset Chart
PHS:FDC vs HON, MMM: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Filinvest Development'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.
Filinvest Development Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Filinvest Development's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Filinvest Development'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 1.83% mean?
Filinvest Development (PHS:FDC) has a Return-on-Tangible-Asset of 1.83% 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 Filinvest Development and its competitors. This is 36% above median its historical median of 1.35. Over the past decade, Filinvest Development's Return-on-Tangible-Asset has ranged from 0.86 to 2.00. According to the industry distribution chart, Filinvest Development ranks #326 out of 567 companies in the Conglomerates industry, placing it in the top 57.5%.
Is Filinvest Development's Return-on-Tangible-Asset too high?
Filinvest Development's current Return-on-Tangible-Asset of 1.83% is 36% above median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 2.00. The Conglomerates industry median Return-on-Tangible-Asset is 2.69. Filinvest Development's value of 1.83% is 32% below this industry median. Based on the distribution chart, Filinvest Development ranks #326 out of 567 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Filinvest Development has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Filinvest Development's Return-on-Tangible-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, Filinvest Development ranks #326 out of 567 companies for Return-on-Tangible-Asset. This places Filinvest Development in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.69. Filinvest Development's value of 1.83% is 32% below this benchmark. Historically, Filinvest Development's own Return-on-Tangible-Asset has ranged from 0.86 to 2.00 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 2.69, Filinvest Development 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 a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.69, based on 567 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. Filinvest Development's current Return-on-Tangible-Asset of 1.83% is 32% 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 Filinvest Development and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Filinvest Development's current Return-on-Tangible-Asset is 1.83%, which is 36% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filinvest Development stock overvalued right now?
Based on GuruFocus' analysis, Filinvest Development (PHS:FDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱6.11, compared to a current price of ₱4.26 — trading 30.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.83%, which is 36% above median its 10-year median of 1.35 and 32% below the Conglomerates industry median of 2.69. Filinvest Development's overall GF Score™ is 84/100 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 Filinvest Development (PHS:FDC), the current Return-on-Tangible-Asset is 1.83% 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 Filinvest Development (PHS:FDC) Overvalued in 2026?
Based on GuruFocus' analysis, Filinvest Development stock appears to be undervalued.
The current stock price of ₱4.26 is trading 30.3% below its estimated GF Value™ of ₱6.11.
GuruFocus considers Filinvest Development to be Possible Value Trap.
Key valuation signals for PHS:FDC:
Return-on-Tangible-Asset: 1.83% (36% above median its 10-year median of 1.35)
GF Value™: ₱6.11 vs. price of ₱4.26 (30.3% below fair value)
Industry Position: 32% below the Conglomerates median (#326 of 567)
No single metric tells the full story. See the PHS:FDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Filinvest Development Corp is a Philippines-based company engaged in real estate operations as a developer of residential subdivisions and mixed-use urban projects, including condominiums, commercial buildings, industrial parks, and farm estates. It is also involved in leasing operations, hospitality operations, banking and financial services, power and utility operations, sugar farming and milling business, and digital ventures. Its segments are Real Estate Operations, Hospitality, Banking and Financial Services, Utilities, Sugar Operations, and Other operations. Geographically, company has spread it's operations in Philippines, Australia, Asia, Europe and USA.
84GF Score
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