Phoenix GroupADX:PHX +1.21%30 Return-on-Tangible-Equity is -54.66% as of Mar. 2026. GuruFocus rates ADX:PHX with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 2,387 Hardware companies, Phoenix Group ranks worse than 90.87% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Phoenix Group's annualized net income for the quarter that ended in Mar. 2026 was د.إ-1,190.4 Mil. Phoenix Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ2,177.9 Mil. Therefore, Phoenix Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -54.66%.
The historical rank and industry rank for Phoenix Group's Return-on-Tangible-Equity or its related term are showing as below:
ADX:PHX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -35.63 Med: 41.85 Max: 133.62
Current: -29.67
During the past 5 years, Phoenix Group's highest Return-on-Tangible-Equity was 133.62%. The lowest was -35.63%. And the median was 41.85%.
ADX:PHX's Return-on-Tangible-Equity is ranked worse than 90.87% of 2387
companies
in the Hardware industry
Industry Median: 5.28
vs ADX:PHX: -29.67
Phoenix Group (ADX:PHX) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Phoenix Group Return-on-Tangible-Equity Related Terms
Phoenix Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Phoenix Group's Return-on-Tangible-Equity 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.
ADX:PHX vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, Phoenix Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Phoenix Group Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Phoenix Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Phoenix Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -54.66% mean?
Phoenix Group (ADX:PHX) has a Return-on-Tangible-Equity of -54.66% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Phoenix Group and its competitors. According to the industry distribution chart, Phoenix Group ranks #2169 out of 2387 companies in the Hardware industry, placing it in the top 90.9%.
Is Phoenix Group's Return-on-Tangible-Equity too high?
Phoenix Group's current Return-on-Tangible-Equity is -54.66%. Based on the distribution chart, Phoenix Group ranks #2169 out of 2387 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Phoenix Group has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Group's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Phoenix Group ranks #2169 out of 2387 companies for Return-on-Tangible-Equity. This places Phoenix Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.28. 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-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.28, based on 2,387 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Phoenix Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Group's current Return-on-Tangible-Equity is -54.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Group stock overvalued right now?
Phoenix Group (ADX:PHX) has a current Return-on-Tangible-Equity of -54.66%. The current Return-on-Tangible-Equity is -54.66%. Phoenix Group's overall GF Score™ is 30/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Phoenix Group (ADX:PHX), the current Return-on-Tangible-Equity is -54.66% 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.
Phoenix Group PLC is a technology conglomerate bringing blockchain solutions to an expansive market. The Group develops, operates, and manages specialized data centres, hosting class performance computing power for digital assets across the UAE, Oman, the U.S., and Canada. Additionally, it also hosts, operates, and maintains equipment within its existing data centres and enables investment opportunities within cloud mining. The Group is the exclusive distributor of equipment manufacturer MicroBT and a prominent distributor of Digital wallet Ledgers and CoolWallets across the Middle East. The Group has four business verticals: Mining, Hosting, Trading, and Investment. The company operates in United Arab Emirates, Ethiopia, Oman, United States of America, and Canada.
30GF Score
Get the complete analysis for ADX:PHX
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ADX:PHX has been successfully added to your 
