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Republic Glass HoldingsPHS:REG 55 Return-on-Tangible-Asset is -0.01% as of Mar. 2026. GuruFocus rates PHS:REG with a GF Score™ of 55/100 and a GF Value™ of ₱1.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,635 Asset Management companies, Republic Glass Holdings ranks worse than 58.59% 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. Republic Glass Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱-0.40 Mil. Republic Glass Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was ₱2,919.87 Mil. Therefore, Republic Glass Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.01%.
The historical rank and industry rank for Republic Glass Holdings's Return-on-Tangible-Asset or its related term are showing as below:
PHS:REG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.08 Med: 1.74 Max: 4.31
Current: 2.6
During the past 13 years, Republic Glass Holdings's highest Return-on-Tangible-Asset was 4.31%. The lowest was -0.08%. And the median was 1.74%.
PHS:REG's Return-on-Tangible-Asset is ranked worse than 58.59% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs PHS:REG: 2.60
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.
Republic Glass Holdings Return-on-Tangible-Asset Related Terms
Republic Glass Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Republic Glass Holdings'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:REG vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Republic Glass 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.
Republic Glass Holdings Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Republic Glass Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Republic Glass 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 -0.01% mean?
Republic Glass Holdings (PHS:REG) has a Return-on-Tangible-Asset of -0.01% 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 Republic Glass Holdings and its competitors. According to the industry distribution chart, Republic Glass Holdings ranks #958 out of 1635 companies in the Asset Management industry, placing it in the top 58.6%.
Is Republic Glass Holdings' Return-on-Tangible-Asset too high?
Republic Glass Holdings' current Return-on-Tangible-Asset is -0.01%. Based on the distribution chart, Republic Glass Holdings ranks #958 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, Republic Glass Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Republic Glass Holdings' Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Republic Glass Holdings ranks #958 out of 1635 companies for Return-on-Tangible-Asset. This places Republic Glass Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 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 Republic Glass Holdings and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Republic Glass Holdings's current Return-on-Tangible-Asset is -0.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Glass Holdings stock overvalued right now?
Based on GuruFocus' analysis, Republic Glass Holdings (PHS:REG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱1.68, compared to a current price of ₱3.23 — trading 92.3% above its estimated fair value. The current Return-on-Tangible-Asset is -0.01%. Republic Glass Holdings' overall GF Score™ is 55/100 with 7 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 Republic Glass Holdings (PHS:REG), the current Return-on-Tangible-Asset is -0.01% 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 Republic Glass Holdings (PHS:REG) Overvalued in 2026?
Based on GuruFocus' analysis, Republic Glass Holdings stock appears to be overvalued.
The current stock price of ₱3.23 is trading 92.3% above its estimated GF Value™ of ₱1.68.
GuruFocus considers Republic Glass Holdings to be Significantly Overvalued.
Key valuation signals for PHS:REG:
Return-on-Tangible-Asset: -0.01%
GF Value™: ₱1.68 vs. price of ₱3.23 (92.3% above fair value)
No single metric tells the full story. See the PHS:REG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Republic Glass Holdings Corp is a Philippines-based company. It is engaged in purchasing, leasing, and selling securities of every kind of business. The operating segments of the Company are Core business which relates to the company's investment activities, which involve purchasing and trading financial assets and investing in other securities, and Support business which relates to the company's sale of investment properties.
55GF Score
Get the complete analysis for PHS:REG
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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