Manila Bulletin PublishingPHS:MB 39 Return-on-Tangible-Asset is 0.07% as of Mar. 2026, which is 85% below its 10-year median of 0.46. GuruFocus rates PHS:MB with a GF Score™ of 39/100 and a GF Value™ of ₱0.17 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,035 Media - Diversified companies, Manila Bulletin Publishing ranks better than 51.3% 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. Manila Bulletin Publishing's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱6.6 Mil. Manila Bulletin Publishing's average total tangible assets for the quarter that ended in Mar. 2026 was ₱9,088.5 Mil. Therefore, Manila Bulletin Publishing's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.07%.
The historical rank and industry rank for Manila Bulletin Publishing's Return-on-Tangible-Asset or its related term are showing as below:
PHS:MB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.46 Max: 0.98
Current: 0.95
During the past 13 years, Manila Bulletin Publishing's highest Return-on-Tangible-Asset was 0.98%. The lowest was 0.16%. And the median was 0.46%.
PHS:MB's Return-on-Tangible-Asset is ranked better than 51.3% of 1035
companies
in the Media - Diversified industry
Industry Median: 0.73
vs PHS:MB: 0.95
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.
Manila Bulletin Publishing Return-on-Tangible-Asset Related Terms
Manila Bulletin Publishing Return-on-Tangible-Asset 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.
PHS:MB vs NYT, WLY: Return-on-Tangible-Asset Comparison
For the Publishing subindustry, Manila Bulletin Publishing'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.
Manila Bulletin Publishing Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Manila Bulletin Publishing's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Manila Bulletin Publishing'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 0.07% mean?
Manila Bulletin Publishing (PHS:MB) has a Return-on-Tangible-Asset of 0.07% 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 Manila Bulletin Publishing and its competitors. This is 85% below median its historical median of 0.46. Over the past decade, Manila Bulletin Publishing's Return-on-Tangible-Asset has ranged from 0.16 to 0.98. According to the industry distribution chart, Manila Bulletin Publishing ranks #504 out of 1035 companies in the Media - Diversified industry, placing it in the top 48.7%.
Is Manila Bulletin Publishing's Return-on-Tangible-Asset too high?
Manila Bulletin Publishing's current Return-on-Tangible-Asset of 0.07% is 85% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.98. The Media - Diversified industry median Return-on-Tangible-Asset is 0.73. Manila Bulletin Publishing's value of 0.07% is 90.4% below this industry median. Based on the distribution chart, Manila Bulletin Publishing ranks #504 out of 1035 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Manila Bulletin Publishing has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manila Bulletin Publishing's Return-on-Tangible-Asset compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Manila Bulletin Publishing ranks #504 out of 1035 companies for Return-on-Tangible-Asset. This puts Manila Bulletin Publishing in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.73. Manila Bulletin Publishing's value of 0.07% is 90.4% below this benchmark. Historically, Manila Bulletin Publishing's own Return-on-Tangible-Asset has ranged from 0.16 to 0.98 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.73, Manila Bulletin Publishing 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.73, based on 1,035 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. Manila Bulletin Publishing's current Return-on-Tangible-Asset of 0.07% is 90.4% 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 Manila Bulletin Publishing and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Bulletin Publishing's current Return-on-Tangible-Asset is 0.07%, which is 85% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Bulletin Publishing stock overvalued right now?
Based on GuruFocus' analysis, Manila Bulletin Publishing (PHS:MB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱0.17, compared to a current price of ₱0.19 — trading 10.6% above its estimated fair value. The current Return-on-Tangible-Asset is 0.07%, which is 85% below median its 10-year median of 0.46 and 90.4% below the Media - Diversified industry median of 0.73. Manila Bulletin Publishing's overall GF Score™ is 39/100 with 5 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 Manila Bulletin Publishing (PHS:MB), the current Return-on-Tangible-Asset is 0.07% 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 Manila Bulletin Publishing (PHS:MB) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Bulletin Publishing stock appears to be overvalued.
The current stock price of ₱0.19 is trading 10.6% above its estimated GF Value™ of ₱0.17.
GuruFocus considers Manila Bulletin Publishing to be Modestly Overvalued.
Key valuation signals for PHS:MB:
Return-on-Tangible-Asset: 0.07% (85% below median its 10-year median of 0.46)
GF Value™: ₱0.17 vs. price of ₱0.19 (10.6% above fair value)
Industry Position: 90.4% below the Media - Diversified median (#504 of 1035)
No single metric tells the full story. See the PHS:MB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Bulletin Publishing Corp mainly engaged in the publication, distribution, and advertising of news, magazines, and digital content. The company operates in the fields of journalism, publishing, advertising, and digital media. Its activities are Publishing and Printing: Producing and distributing content and news through print media, including newspapers and magazines, and through online platforms, extending the reach of its publications., and Advertising Services: Offering advertising solutions across its print, digital, and other media platforms for businesses and brands. Its services are Advertising Services, Subscription Services, Digital Content and Platforms, Special Projects & Partnerships. Its brands are Manila Bulletin, Tempo, Balita, Liwayway, Bannawag, etc.
39GF 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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