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Vantage Equities (PHS:V) Return-on-Tangible-Asset : 6.98% (As of Mar. 2025)


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What is Vantage Equities Return-on-Tangible-Asset?

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. Vantage Equities's annualized Net Income for the quarter that ended in Mar. 2025 was ₱879.0 Mil. Vantage Equities's average total tangible assets for the quarter that ended in Mar. 2025 was ₱12,588.7 Mil. Therefore, Vantage Equities's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 6.98%.

The historical rank and industry rank for Vantage Equities's Return-on-Tangible-Asset or its related term are showing as below:

PHS:V' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.65   Med: 3.45   Max: 9.6
Current: 2.79

During the past 13 years, Vantage Equities's highest Return-on-Tangible-Asset was 9.60%. The lowest was -0.65%. And the median was 3.45%.

PHS:V's Return-on-Tangible-Asset is ranked better than
61.4% of 798 companies
in the Capital Markets industry
Industry Median: 1.395 vs PHS:V: 2.79

Vantage Equities Return-on-Tangible-Asset Historical Data

The historical data trend for Vantage Equities'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.

* Premium members only.

Vantage Equities Return-on-Tangible-Asset Chart

Vantage Equities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 3.53 -0.65 4.65 3.86

Vantage Equities Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.02 -5.56 14.76 -5.07 6.98

Competitive Comparison of Vantage Equities's Return-on-Tangible-Asset

For the Capital Markets subindustry, Vantage Equities'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.


Vantage Equities's Return-on-Tangible-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vantage Equities's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vantage Equities's Return-on-Tangible-Asset falls into.


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Vantage Equities Return-on-Tangible-Asset Calculation

Vantage Equities's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=471.678/( (11970.013+12475.593)/ 2 )
=471.678/12222.803
=3.86 %

Vantage Equities's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=878.952/( (12475.593+12701.862)/ 2 )
=878.952/12588.7275
=6.98 %

* 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. 2025) net income data.


Vantage Equities  (PHS:V) 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 company’s 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 company’s 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.


Vantage Equities Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Vantage Equities's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Vantage Equities Business Description

Traded in Other Exchanges
N/A
Address
28th Street Corner 5th Avenue, 15th Floor, Philippine Stock Exchange Tower, Bonifacio Global City, Metro Manila, Taguig, PHL, 1605
Vantage Equities Inc is a Philippines-based investment and financial holding company. The company operates business into three segments as follows: Investment holdings segment deals in the acquisition and sale of financial instruments; Remittance services segment provides the infrastructure and services as the direct agent for money transfer of Overseas Filipino Workers; and Mutual fund management segment deals in the management of mutual funds. Subject to the management agreements with the respective funds, PEMI shall manage the resources and operations of the funds. Key revenue is generated from Investment Holdings segment.