The historical rank and industry rank for Philippine National Construction's Return-on-Tangible-Asset or its related term are showing as below:
PHS:PNC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.47 Med: 3.76 Max: 48.83
Current: 0.7
During the past 13 years, Philippine National Construction's highest Return-on-Tangible-Asset was 48.83%. The lowest was -0.47%. And the median was 3.76%.
PHS:PNC's Return-on-Tangible-Asset is not ranked
in the Construction industry.
Industry Median: 3.02
vs PHS:PNC: 0.70
Philippine National Construction (PHS:PNC) 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.
Philippine National Construction Return-on-Tangible-Asset Related Terms
Philippine National Construction 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.
Philippine National Construction Return-on-Tangible-Asset Chart
Philippine National Construction Return-on-Tangible-Asset Competitor Comparison
For the Engineering & Construction subindustry, Philippine National Construction'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.
Philippine National Construction Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Philippine National Construction's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Philippine National Construction'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 one times the annual (Dec. 2024) net income data.
What does a Return-on-Tangible-Asset of 0.70% mean?
Philippine National Construction (PHS:PNC) has a Return-on-Tangible-Asset of 0.70% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Philippine National Construction and its competitors. This is 81% below median its historical median of 3.76.
Is Philippine National Construction's Return-on-Tangible-Asset too high?
Philippine National Construction's current Return-on-Tangible-Asset of 0.70% is 81% below median its 10-year median of 3.76. The Construction industry median Return-on-Tangible-Asset is 3.02. Philippine National Construction's value of 0.70% is 76.8% below this industry median.
How does Philippine National Construction's Return-on-Tangible-Asset compare to competitors?
Philippine National Construction's Return-on-Tangible-Asset of 0.70% can be compared against companies in the Construction industry. The industry median Return-on-Tangible-Asset is 3.02. Philippine National Construction's value of 0.70% is 76.8% below this benchmark. While the company's 10-year median is 3.76 vs. the industry median of 3.02, Philippine National Construction 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.02, based on 1,779 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. Philippine National Construction's current Return-on-Tangible-Asset of 0.70% is 76.8% 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 Philippine National Construction and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philippine National Construction's current Return-on-Tangible-Asset is 0.70%, which is 81% below median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine National Construction stock overvalued right now?
Philippine National Construction (PHS:PNC) has a current Return-on-Tangible-Asset of 0.70%. The current Return-on-Tangible-Asset is 0.70%, which is 81% below median its 10-year median of 3.76 and 76.8% below the Construction industry median of 3.02. 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 Philippine National Construction (PHS:PNC), the current Return-on-Tangible-Asset is 0.70% as of Dec. 2024. 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.
Philippine National Construction Business Description
Philippine National Construction Corp. engages in construction and engineering activities throughout the Philippines. It undertakes a range of projects comprising the construction of highways, bridges, and industrial facilities, as well as land development. The company offers services in various phases of a project, including feasibility studies, design and detailed engineering, procurement, construction, and project management, concrete pre-casting, steel fabrication, materials processing, and equipment rental/leasing. It also provides other support services, such as pre-fabrication, materials processing, and equipment rebuilding.
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