Panasonic Manufacturing PhilippinesPHS:PMPC -1.05%88 Return-on-Tangible-Asset is 1.51% as of Dec. 2025, which is 57% below its 10-year median of 3.54. GuruFocus rates PHS:PMPC with a GF Score™ of 88/100 and a GF Value™ of ₱6.43 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,502 Hardware companies, Panasonic Manufacturing Philippines ranks better than 76.38% on this metric.
The historical rank and industry rank for Panasonic Manufacturing Philippines's Return-on-Tangible-Asset or its related term are showing as below:
PHS:PMPC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.48 Med: 3.54 Max: 8.44
Current: 6.87
During the past 13 years, Panasonic Manufacturing Philippines's highest Return-on-Tangible-Asset was 8.44%. The lowest was 1.48%. And the median was 3.54%.
PHS:PMPC's Return-on-Tangible-Asset is ranked better than 76.38% of 2502
companies
in the Hardware industry
Industry Median: 2.395
vs PHS:PMPC: 6.87
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.
Panasonic Manufacturing Philippines Return-on-Tangible-Asset Related Terms
Panasonic Manufacturing Philippines 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:PMPC vs AAPL: Return-on-Tangible-Asset Comparison
For the Consumer Electronics subindustry, Panasonic Manufacturing Philippines'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.
Panasonic Manufacturing Philippines Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Panasonic Manufacturing Philippines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Panasonic Manufacturing Philippines'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.51% mean?
Panasonic Manufacturing Philippines (PHS:PMPC) has a Return-on-Tangible-Asset of 1.51% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Panasonic Manufacturing Philippines and its competitors. This is 57% below median its historical median of 3.54. Over the past decade, Panasonic Manufacturing Philippines' Return-on-Tangible-Asset has ranged from 1.48 to 8.44. According to the industry distribution chart, Panasonic Manufacturing Philippines ranks #591 out of 2502 companies in the Hardware industry, placing it in the top 23.6%.
Is Panasonic Manufacturing Philippines' Return-on-Tangible-Asset too high?
Panasonic Manufacturing Philippines' current Return-on-Tangible-Asset of 1.51% is 57% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 8.44. The Hardware industry median Return-on-Tangible-Asset is 2.40. Panasonic Manufacturing Philippines' value of 1.51% is 37% below this industry median. Based on the distribution chart, Panasonic Manufacturing Philippines ranks #591 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Panasonic Manufacturing Philippines has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Manufacturing Philippines' Return-on-Tangible-Asset compare to AAPL?
According to the Hardware industry distribution chart, Panasonic Manufacturing Philippines ranks #591 out of 2502 companies for Return-on-Tangible-Asset. This places Panasonic Manufacturing Philippines in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.40. Panasonic Manufacturing Philippines' value of 1.51% is 37% below this benchmark. Historically, Panasonic Manufacturing Philippines' own Return-on-Tangible-Asset has ranged from 1.48 to 8.44 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 2.40, Panasonic Manufacturing Philippines 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.40, based on 2,502 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. Panasonic Manufacturing Philippines's current Return-on-Tangible-Asset of 1.51% is 37% 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 Panasonic Manufacturing Philippines and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Manufacturing Philippines's current Return-on-Tangible-Asset is 1.51%, which is 57% below median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Manufacturing Philippines stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Manufacturing Philippines (PHS:PMPC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱6.43, compared to a current price of ₱8.50 — trading 32.2% above its estimated fair value. The current Return-on-Tangible-Asset is 1.51%, which is 57% below median its 10-year median of 3.54 and 37% below the Hardware industry median of 2.40. Panasonic Manufacturing Philippines' overall GF Score™ is 88/100 with 2 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 Panasonic Manufacturing Philippines (PHS:PMPC), the current Return-on-Tangible-Asset is 1.51% as of Dec. 2025. 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 Panasonic Manufacturing Philippines (PHS:PMPC) Overvalued in 2026?
Based on GuruFocus' analysis, Panasonic Manufacturing Philippines stock appears to be overvalued.
The current stock price of ₱8.50 is trading 32.2% above its estimated GF Value™ of ₱6.43.
GuruFocus considers Panasonic Manufacturing Philippines to be Significantly Overvalued.
Key valuation signals for PHS:PMPC:
Return-on-Tangible-Asset: 1.51% (57% below median its 10-year median of 3.54)
GF Value™: ₱6.43 vs. price of ₱8.50 (32.2% above fair value)
Industry Position: 37% below the Hardware median (#591 of 2502)
No single metric tells the full story. See the PHS:PMPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panasonic Manufacturing Philippines Business Description
Panasonic Manufacturing Philippines Corp is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Electric Works (EW) includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hong Kong, and Taiwan.
88GF 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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