Solid GroupPHS:SGI +1.48%96 Return-on-Tangible-Asset is 2.86% as of Mar. 2026, which is 14% below its 10-year median of 3.33. GuruFocus rates PHS:SGI with a GF Score™ of 96/100 and a GF Value™ of ₱1.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,501 Hardware companies, Solid Group ranks better than 63.41% 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. Solid Group's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱450 Mil. Solid Group's average total tangible assets for the quarter that ended in Mar. 2026 was ₱15,744 Mil. Therefore, Solid Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.86%.
The historical rank and industry rank for Solid Group's Return-on-Tangible-Asset or its related term are showing as below:
PHS:SGI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.8 Med: 3.33 Max: 5.27
Current: 4.51
During the past 13 years, Solid Group's highest Return-on-Tangible-Asset was 5.27%. The lowest was 1.80%. And the median was 3.33%.
PHS:SGI's Return-on-Tangible-Asset is ranked better than 63.41% of 2501
companies
in the Hardware industry
Industry Median: 2.4
vs PHS:SGI: 4.51
Solid Group (PHS:SGI) 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.
Solid Group Return-on-Tangible-Asset Related Terms
Solid Group Return-on-Tangible-Asset Historical Data
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The historical data trend for Solid Group'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:SGI vs AAPL: Return-on-Tangible-Asset Comparison
For the Consumer Electronics subindustry, Solid Group'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.
Solid Group Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Solid Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Solid Group'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 2.86% mean?
Solid Group (PHS:SGI) has a Return-on-Tangible-Asset of 2.86% 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 Solid Group and its competitors. This is 14% below median its historical median of 3.33. Over the past decade, Solid Group's Return-on-Tangible-Asset has ranged from 1.80 to 5.27. According to the industry distribution chart, Solid Group ranks #915 out of 2501 companies in the Hardware industry, placing it in the top 36.6%.
Is Solid Group's Return-on-Tangible-Asset too high?
Solid Group's current Return-on-Tangible-Asset of 2.86% is 14% below median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 5.27. The Hardware industry median Return-on-Tangible-Asset is 2.40. Solid Group's value of 2.86% is 19.2% above this industry median. Based on the distribution chart, Solid Group ranks #915 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Solid Group has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solid Group's Return-on-Tangible-Asset compare to AAPL?
According to the Hardware industry distribution chart, Solid Group ranks #915 out of 2501 companies for Return-on-Tangible-Asset. This puts Solid Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.40. Solid Group's value of 2.86% is 19.2% above this benchmark. Historically, Solid Group's own Return-on-Tangible-Asset has ranged from 1.80 to 5.27 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 2.40, Solid Group has consistently been above 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 2,501 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. Solid Group's current Return-on-Tangible-Asset of 2.86% is 19.2% above 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 Solid Group 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. Solid Group's current Return-on-Tangible-Asset is 2.86%, which is 14% below median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Group stock overvalued right now?
Based on GuruFocus' analysis, Solid Group (PHS:SGI) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.47, compared to a current price of ₱1.37 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.86%, which is 14% below median its 10-year median of 3.33 and 19.2% above the Hardware industry median of 2.40. Solid Group's overall GF Score™ is 96/100 with 4 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 Solid Group (PHS:SGI), the current Return-on-Tangible-Asset is 2.86% 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 Solid Group (PHS:SGI) Overvalued in 2026?
Based on GuruFocus' analysis, Solid Group stock appears to be undervalued.
The current stock price of ₱1.37 is trading 6.8% below its estimated GF Value™ of ₱1.47.
GuruFocus considers Solid Group to be Fairly Valued.
Key valuation signals for PHS:SGI:
Return-on-Tangible-Asset: 2.86% (14% below median its 10-year median of 3.33)
GF Value™: ₱1.47 vs. price of ₱1.37 (6.8% below fair value)
Industry Position: 19.2% above the Hardware median (#915 of 2501)
No single metric tells the full story. See the PHS:SGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solid Group Inc operates as an investment holding company. It has four segments Distribution/Retail is involved in the sale of mobile phones and devices, home appliances and other electronic products, professional audio and video equipment, and prefabricated modular houses; Property and related services are involved in the leasing, development and sale of industrial and other real estate properties and hotel and related businesses; Logistics and technical solutions are presently engaged in the business of warehousing, distribution, and electronic servicing; and, Investment and others include investment holding companies, and those included in the business of financing and credit extension of which majority of revenue comes from Distribution/Retail segment.
96GF Score
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