Jollibee FoodsPHS:JFC -2.02%94 Return-on-Tangible-Asset is 2.89% as of Mar. 2026, which is 46% below its 10-year median of 5.38. GuruFocus rates PHS:JFC with a GF Score™ of 94/100 and a GF Value™ of ₱294.17 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 361 Restaurants companies, Jollibee Foods ranks better than 66.48% 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. Jollibee Foods's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱5,890 Mil. Jollibee Foods's average total tangible assets for the quarter that ended in Mar. 2026 was ₱203,533 Mil. Therefore, Jollibee Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.89%.
The historical rank and industry rank for Jollibee Foods's Return-on-Tangible-Asset or its related term are showing as below:
PHS:JFC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.75 Med: 5.38 Max: 10.36
Current: 5.08
During the past 13 years, Jollibee Foods's highest Return-on-Tangible-Asset was 10.36%. The lowest was -7.75%. And the median was 5.38%.
PHS:JFC's Return-on-Tangible-Asset is ranked better than 66.48% of 361
companies
in the Restaurants industry
Industry Median: 2.41
vs PHS:JFC: 5.08
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.
Jollibee Foods Return-on-Tangible-Asset Related Terms
Jollibee Foods Return-on-Tangible-Asset Historical Data
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The historical data trend for Jollibee Foods'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:JFC vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, Jollibee Foods'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.
Jollibee Foods Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Jollibee Foods's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jollibee Foods'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 2.89% mean?
Jollibee Foods (PHS:JFC) has a Return-on-Tangible-Asset of 2.89% 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 Jollibee Foods and its competitors. This is 46% below median its historical median of 5.38. According to the industry distribution chart, Jollibee Foods ranks #121 out of 361 companies in the Restaurants industry, placing it in the top 33.5%.
Is Jollibee Foods' Return-on-Tangible-Asset too high?
Jollibee Foods' current Return-on-Tangible-Asset of 2.89% is 46% below median its 10-year median of 5.38. The Restaurants industry median Return-on-Tangible-Asset is 2.41. Jollibee Foods' value of 2.89% is 19.9% above this industry median. Based on the distribution chart, Jollibee Foods ranks #121 out of 361 companies in the Restaurants industry, which is above the industry midpoint. Overall, Jollibee Foods has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jollibee Foods' Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Jollibee Foods ranks #121 out of 361 companies for Return-on-Tangible-Asset. This puts Jollibee Foods in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Jollibee Foods' value of 2.89% is 19.9% above this benchmark. While the company's 10-year median is 5.38 vs. the industry median of 2.41, Jollibee Foods 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 Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.41, based on 361 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. Jollibee Foods's current Return-on-Tangible-Asset of 2.89% is 19.9% 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 Jollibee Foods and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jollibee Foods's current Return-on-Tangible-Asset is 2.89%, which is 46% below median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jollibee Foods stock overvalued right now?
Based on GuruFocus' analysis, Jollibee Foods (PHS:JFC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱294.17, compared to a current price of ₱145.80 — trading 50.4% below its estimated fair value. The current Return-on-Tangible-Asset is 2.89%, which is 46% below median its 10-year median of 5.38 and 19.9% above the Restaurants industry median of 2.41. Jollibee Foods' overall GF Score™ is 94/100 with 3 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 Jollibee Foods (PHS:JFC), the current Return-on-Tangible-Asset is 2.89% 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 Jollibee Foods (PHS:JFC) Overvalued in 2026?
Based on GuruFocus' analysis, Jollibee Foods stock appears to be undervalued.
The current stock price of ₱145.80 is trading 50.4% below its estimated GF Value™ of ₱294.17.
GuruFocus considers Jollibee Foods to be Significantly Undervalued.
Key valuation signals for PHS:JFC:
Return-on-Tangible-Asset: 2.89% (46% below median its 10-year median of 5.38)
GF Value™: ₱294.17 vs. price of ₱145.80 (50.4% below fair value)
Industry Position: 19.9% above the Restaurants median (#121 of 361)
No single metric tells the full story. See the PHS:JFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants (QSRs). The company has three business segments: the Food Service segment, which is involved in the operation of QSRs and the manufacture of food products to be sold to JFC Group-owned and franchised QSR outlets; the Franchising segment, which is involved in franchising the JFC Group's QSR store concepts; and the Support Services segment, which provides various services mainly to the Jollibee Group's independent franchisees. The Group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations, including PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, the UK, UAE, Hong Kong, Macau, Brunei, Taiwan, and South Korea.
94GF Score
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