Millennium Global HoldingsPHS:MG Return-on-Tangible-Asset is -0.08% as of Mar. 2026. The stock has 9 warning signs investors should review. Among 1,988 Consumer Packaged Goods companies, Millennium Global Holdings ranks worse than 72.74% 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. Millennium Global Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱-2 Mil. Millennium Global Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was ₱2,114 Mil. Therefore, Millennium Global Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.08%.
The historical rank and industry rank for Millennium Global Holdings's Return-on-Tangible-Asset or its related term are showing as below:
PHS:MG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.44 Med: -0.14 Max: 0.07
Current: -0.23
During the past 13 years, Millennium Global Holdings's highest Return-on-Tangible-Asset was 0.07%. The lowest was -0.44%. And the median was -0.14%.
PHS:MG's Return-on-Tangible-Asset is ranked worse than 72.74% of 1988
companies
in the Consumer Packaged Goods industry
Industry Median: 3.38
vs PHS:MG: -0.23
Millennium Global Holdings (PHS:MG) 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.
Millennium Global Holdings Return-on-Tangible-Asset Related Terms
Millennium Global Holdings 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.
Millennium Global Holdings Return-on-Tangible-Asset Chart
PHS:MG vs KHC, GIS, HRL: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Millennium Global 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.
Millennium Global Holdings Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Millennium Global Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Millennium Global Holdings'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 -0.08% mean?
Millennium Global Holdings (PHS:MG) has a Return-on-Tangible-Asset of -0.08% 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 Millennium Global Holdings and its competitors. According to the industry distribution chart, Millennium Global Holdings ranks #1446 out of 1988 companies in the Consumer Packaged Goods industry, placing it in the top 72.7%.
Is Millennium Global Holdings' Return-on-Tangible-Asset too high?
Millennium Global Holdings' current Return-on-Tangible-Asset is -0.08%. Based on the distribution chart, Millennium Global Holdings ranks #1446 out of 1988 companies in the Consumer Packaged Goods industry, which is below the industry midpoint.
How does Millennium Global Holdings' Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Millennium Global Holdings ranks #1446 out of 1988 companies for Return-on-Tangible-Asset. This places Millennium Global Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.38. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.38, based on 1,988 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. 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 Millennium Global Holdings and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Global Holdings's current Return-on-Tangible-Asset is -0.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Global Holdings (PHS:MG) is currently considered Possible Value Trap. The stock's GF Value™ is ₱0.09, compared to a current price of ₱0.06 — trading 31.1% below its estimated fair value. The current Return-on-Tangible-Asset is -0.08%. 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 Millennium Global Holdings (PHS:MG), the current Return-on-Tangible-Asset is -0.08% 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.
Millennium Global Holdings Inc is a general holding company. Through its subsidiaries, it is engaged in the processing of seafood and aquaculture products for export and trading of imported marine and other related products. Its key business activity is the processing and export of seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, etc. It derives its revenue from the export sales of aquatic and marine products. The company's operations are geographically located in Japan, Korea, Taiwan, and Hongkong.
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