Victorias Milling CoPHS:VMC 93 Return-on-Tangible-Asset is 12.56% as of Feb. 2026, which is 39% above its 10-year median of 9.06. GuruFocus rates PHS:VMC with a GF Score™ of 93/100 and a GF Value™ of ₱1.99 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, Victorias Milling Co ranks better than 70.31% 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. Victorias Milling Co's annualizedNet Income for the quarter that ended in Feb. 2026 was ₱2,046 Mil. Victorias Milling Co's average total tangible assets for the quarter that ended in Feb. 2026 was ₱16,293 Mil. Therefore, Victorias Milling Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 12.56%.
The historical rank and industry rank for Victorias Milling Co's Return-on-Tangible-Asset or its related term are showing as below:
PHS:VMC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.26 Med: 9.06 Max: 12.64
Current: 7.26
During the past 13 years, Victorias Milling Co's highest Return-on-Tangible-Asset was 12.64%. The lowest was 7.26%. And the median was 9.06%.
PHS:VMC's Return-on-Tangible-Asset is ranked better than 70.31% of 1987
companies
in the Consumer Packaged Goods industry
Industry Median: 3.38
vs PHS:VMC: 7.26
Victorias Milling Co (PHS:VMC) 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.
Victorias Milling Co Return-on-Tangible-Asset Related Terms
Victorias Milling Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Victorias Milling Co'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.
Victorias Milling Co Return-on-Tangible-Asset Chart
PHS:VMC vs MDLZ, HSY, TR: Return-on-Tangible-Asset Comparison
For the Confectioners subindustry, Victorias Milling Co'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.
Victorias Milling Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Victorias Milling Co'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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.56% mean?
Victorias Milling Co (PHS:VMC) has a Return-on-Tangible-Asset of 12.56% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Victorias Milling Co and its competitors. This is 39% above median its historical median of 9.06. Over the past decade, Victorias Milling Co's Return-on-Tangible-Asset has ranged from 7.26 to 12.64. According to the industry distribution chart, Victorias Milling Co ranks #590 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 29.7%.
Is Victorias Milling Co's Return-on-Tangible-Asset too high?
Victorias Milling Co's current Return-on-Tangible-Asset of 12.56% is 39% above median its 10-year median of 9.06. Over the past 10 years, this metric has ranged from a low of 7.26 to a high of 12.64. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.38. Victorias Milling Co's value of 12.56% is 271.6% above this industry median. Based on the distribution chart, Victorias Milling Co ranks #590 out of 1987 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Victorias Milling Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victorias Milling Co's Return-on-Tangible-Asset compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Victorias Milling Co ranks #590 out of 1987 companies for Return-on-Tangible-Asset. This puts Victorias Milling Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.38. Victorias Milling Co's value of 12.56% is 271.6% above this benchmark. Historically, Victorias Milling Co's own Return-on-Tangible-Asset has ranged from 7.26 to 12.64 over the past decade. While the company's 10-year median is 9.06 vs. the industry median of 3.38, Victorias Milling Co 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.38, based on 1,987 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. Victorias Milling Co's current Return-on-Tangible-Asset of 12.56% is 271.6% 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 Victorias Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victorias Milling Co's current Return-on-Tangible-Asset is 12.56%, which is 39% above median its own 10-year median of 9.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victorias Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Victorias Milling Co (PHS:VMC) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.99, compared to a current price of ₱1.90 — trading 4.5% below its estimated fair value. The current Return-on-Tangible-Asset is 12.56%, which is 39% above median its 10-year median of 9.06 and 271.6% above the Consumer Packaged Goods industry median of 3.38. Victorias Milling Co's overall GF Score™ is 93/100 with 5 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 Victorias Milling Co (PHS:VMC), the current Return-on-Tangible-Asset is 12.56% as of Feb. 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 Victorias Milling Co (PHS:VMC) Overvalued in 2026?
Based on GuruFocus' analysis, Victorias Milling Co stock appears to be undervalued.
The current stock price of ₱1.90 is trading 4.5% below its estimated GF Value™ of ₱1.99.
GuruFocus considers Victorias Milling Co to be Fairly Valued.
Key valuation signals for PHS:VMC:
Return-on-Tangible-Asset: 12.56% (39% above median its 10-year median of 9.06)
GF Value™: ₱1.99 vs. price of ₱1.90 (4.5% below fair value)
Industry Position: 271.6% above the Consumer Packaged Goods median (#590 of 1987)
No single metric tells the full story. See the PHS:VMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company offers milling and tolling services to planters and sells raw sugar, refined sugar, molasses, and renewable energy. The company operates through business segments that include Sugar Milling, Renewable Energy Operations, and Others. The Sugar Milling segment generates maximum revenue for the company.
93GF Score
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