SBS PhilippinesPHS:SBS 69 Return-on-Tangible-Asset is 0.54% as of Mar. 2026, which is 67% below its 10-year median of 1.62. GuruFocus rates PHS:SBS with a GF Score™ of 69/100 and a GF Value™ of ₱3.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,609 Chemicals companies, SBS Philippines ranks worse than 70.6% 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. SBS Philippines's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱48 Mil. SBS Philippines's average total tangible assets for the quarter that ended in Mar. 2026 was ₱8,863 Mil. Therefore, SBS Philippines's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.54%.
The historical rank and industry rank for SBS Philippines's Return-on-Tangible-Asset or its related term are showing as below:
PHS:SBS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.22 Med: 1.62 Max: 25.74
Current: 0.22
During the past 13 years, SBS Philippines's highest Return-on-Tangible-Asset was 25.74%. The lowest was 0.22%. And the median was 1.62%.
PHS:SBS's Return-on-Tangible-Asset is ranked worse than 70.6% of 1609
companies
in the Chemicals industry
Industry Median: 3.07
vs PHS:SBS: 0.22
SBS Philippines (PHS:SBS) 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.
SBS Philippines Return-on-Tangible-Asset Related Terms
SBS Philippines Return-on-Tangible-Asset Historical Data
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The historical data trend for SBS Philippines'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:SBS vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, SBS 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.
SBS Philippines Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SBS Philippines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SBS 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.54% mean?
SBS Philippines (PHS:SBS) has a Return-on-Tangible-Asset of 0.54% 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 SBS Philippines and its competitors. This is 67% below median its historical median of 1.62. Over the past decade, SBS Philippines' Return-on-Tangible-Asset has ranged from 0.22 to 25.74. According to the industry distribution chart, SBS Philippines ranks #1136 out of 1609 companies in the Chemicals industry, placing it in the top 70.6%.
Is SBS Philippines' Return-on-Tangible-Asset too high?
SBS Philippines' current Return-on-Tangible-Asset of 0.54% is 67% below median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 25.74. The Chemicals industry median Return-on-Tangible-Asset is 3.07. SBS Philippines' value of 0.54% is 82.4% below this industry median. Based on the distribution chart, SBS Philippines ranks #1136 out of 1609 companies in the Chemicals industry, which is below the industry midpoint. Overall, SBS Philippines has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBS Philippines' Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, SBS Philippines ranks #1136 out of 1609 companies for Return-on-Tangible-Asset. This places SBS Philippines in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. SBS Philippines' value of 0.54% is 82.4% below this benchmark. Historically, SBS Philippines' own Return-on-Tangible-Asset has ranged from 0.22 to 25.74 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 3.07, SBS 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,609 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. SBS Philippines's current Return-on-Tangible-Asset of 0.54% is 82.4% 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 SBS Philippines and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Philippines's current Return-on-Tangible-Asset is 0.54%, which is 67% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Philippines stock overvalued right now?
Based on GuruFocus' analysis, SBS Philippines (PHS:SBS) is currently considered Fairly Valued. The stock's GF Value™ is ₱3.29, compared to a current price of ₱3.35 — trading 1.8% above its estimated fair value. The current Return-on-Tangible-Asset is 0.54%, which is 67% below median its 10-year median of 1.62 and 82.4% below the Chemicals industry median of 3.07. SBS Philippines' overall GF Score™ is 69/100 with 6 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 SBS Philippines (PHS:SBS), the current Return-on-Tangible-Asset is 0.54% 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 SBS Philippines (PHS:SBS) Overvalued in 2026?
Based on GuruFocus' analysis, SBS Philippines stock appears to be overvalued.
The current stock price of ₱3.35 is trading 1.8% above its estimated GF Value™ of ₱3.29.
GuruFocus considers SBS Philippines to be Fairly Valued.
Key valuation signals for PHS:SBS:
Return-on-Tangible-Asset: 0.54% (67% below median its 10-year median of 1.62)
GF Value™: ₱3.29 vs. price of ₱3.35 (1.8% above fair value)
Industry Position: 82.4% below the Chemicals median (#1136 of 1609)
No single metric tells the full story. See the PHS:SBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBS Philippines Corp is engaged in chemical trading and distribution. The Company offers a comprehensive selection of chemical products to service the following industries: food ingredients, industrial, animal health and nutrition including feeds and veterinary care, pharmaceutical, home and personal care and environment and infrastructure, and many others. It also provides value-added service to its customers by providing logistics management in sourcing, procuring, warehousing and transporting the chemical products and materials. It derives maximum revenue from food Ingredients.
69GF Score
Get the complete analysis for PHS:SBS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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