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Alternergy HoldingsPHS:ALTER -1.27%53 Return-on-Tangible-Equity is 2.95% as of Mar. 2026, which is 41% below its 10-year median of 5.02. GuruFocus rates PHS:ALTER with a GF Score™ of 53/100 and a GF Value™ of ₱1.01 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, Alternergy Holdings ranks better than 52.69% 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. Alternergy Holdings's annualized net income for the quarter that ended in Mar. 2026 was ₱41.4 Mil. Alternergy Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₱1,404.8 Mil. Therefore, Alternergy Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.95%.
The historical rank and industry rank for Alternergy Holdings's Return-on-Tangible-Equity or its related term are showing as below:
PHS:ALTER'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.48 Med: 5.02 Max: 24.01
Current: 5.44
During the past 8 years, Alternergy Holdings's highest Return-on-Tangible-Equity was 24.01%. The lowest was -19.48%. And the median was 5.02%.
PHS:ALTER's Return-on-Tangible-Equity is ranked better than 52.69% of 427
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs PHS:ALTER: 5.44
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.
Alternergy Holdings Return-on-Tangible-Equity Related Terms
Alternergy Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Alternergy Holdings'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.
For the Utilities - Renewable subindustry, Alternergy Holdings'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.
Alternergy Holdings Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Alternergy Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alternergy Holdings'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 2.95% mean?
Alternergy Holdings (PHS:ALTER) has a Return-on-Tangible-Equity of 2.95% 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 Alternergy Holdings and its competitors. This is 41% below median its historical median of 5.02. According to the industry distribution chart, Alternergy Holdings ranks #202 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 47.3%.
Is Alternergy Holdings' Return-on-Tangible-Equity too high?
Alternergy Holdings' current Return-on-Tangible-Equity of 2.95% is 41% below median its 10-year median of 5.02. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. Alternergy Holdings' value of 2.95% is 37% below this industry median. Based on the distribution chart, Alternergy Holdings ranks #202 out of 427 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Alternergy Holdings has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alternergy Holdings' Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Alternergy Holdings ranks #202 out of 427 companies for Return-on-Tangible-Equity. This puts Alternergy Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.68. Alternergy Holdings' value of 2.95% is 37% below this benchmark. While the company's 10-year median is 5.02 vs. the industry median of 4.68, Alternergy Holdings 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-Equity for an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.68, based on 427 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. Alternergy Holdings's current Return-on-Tangible-Equity of 2.95% is 37% 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-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 Alternergy Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternergy Holdings's current Return-on-Tangible-Equity is 2.95%, which is 41% below median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternergy Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alternergy Holdings (PHS:ALTER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱1.01, compared to a current price of ₱0.78 — trading 22.8% below its estimated fair value. The current Return-on-Tangible-Equity is 2.95%, which is 41% below median its 10-year median of 5.02 and 37% below the Utilities - Independent Power Producers industry median of 4.68. Alternergy Holdings' overall GF Score™ is 53/100 with 7 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 Alternergy Holdings (PHS:ALTER), the current Return-on-Tangible-Equity is 2.95% 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 Alternergy Holdings (PHS:ALTER) Overvalued in 2026?
Based on GuruFocus' analysis, Alternergy Holdings stock appears to be undervalued.
The current stock price of ₱0.78 is trading 22.8% below its estimated GF Value™ of ₱1.01.
GuruFocus considers Alternergy Holdings to be Modestly Undervalued.
Key valuation signals for PHS:ALTER:
Return-on-Tangible-Equity: 2.95% (41% below median its 10-year median of 5.02)
GF Value™: ₱1.01 vs. price of ₱0.78 (22.8% below fair value)
Industry Position: 37% below the Utilities - Independent Power Producers median (#202 of 427)
No single metric tells the full story. See the PHS:ALTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alternergy Holdings Corp is a renewable energy holding company. The company's segments include Wind Energy; Hydro Energy; Solar Energy and Retail Energy Supplier (RES). It generates maximum revenue from the Solar Energy segment. The Solar Energy segment includes Generation and supply of solar power to various customers under power supply contracts.
53GF Score
Get the complete analysis for PHS:ALTER
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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