Filinvest DevelopmentPHS:FDC +0.69%82 Return-on-Tangible-Equity is 10.77% as of Mar. 2026, which is 2% above its 10-year median of 10.57. GuruFocus rates PHS:FDC with a GF Score™ of 82/100 and a GF Value™ of ₱6.09 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 546 Conglomerates companies, Filinvest Development ranks better than 63.19% 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. Filinvest Development's annualized net income for the quarter that ended in Mar. 2026 was ₱15,751 Mil. Filinvest Development's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₱146,206 Mil. Therefore, Filinvest Development's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.77%.
The historical rank and industry rank for Filinvest Development's Return-on-Tangible-Equity or its related term are showing as below:
PHS:FDC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.27 Med: 10.57 Max: 15.34
Current: 11.02
During the past 13 years, Filinvest Development's highest Return-on-Tangible-Equity was 15.34%. The lowest was 5.27%. And the median was 10.57%.
PHS:FDC's Return-on-Tangible-Equity is ranked better than 63.19% of 546
companies
in the Conglomerates industry
Industry Median: 7.41
vs PHS:FDC: 11.02
Filinvest Development (PHS:FDC) 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.
Filinvest Development Return-on-Tangible-Equity Related Terms
Filinvest Development Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Filinvest Development'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.
Filinvest Development Return-on-Tangible-Equity Chart
PHS:FDC vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Filinvest Development'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.
Filinvest Development Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Filinvest Development's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Filinvest Development'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 10.77% mean?
Filinvest Development (PHS:FDC) has a Return-on-Tangible-Equity of 10.77% 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 Filinvest Development and its competitors. This is near median its historical median of 10.57. Over the past decade, Filinvest Development's Return-on-Tangible-Equity has ranged from 5.27 to 15.34. According to the industry distribution chart, Filinvest Development ranks #201 out of 546 companies in the Conglomerates industry, placing it in the top 36.8%.
Is Filinvest Development's Return-on-Tangible-Equity too high?
Filinvest Development's current Return-on-Tangible-Equity of 10.77% is near median its 10-year median of 10.57. Over the past 10 years, this metric has ranged from a low of 5.27 to a high of 15.34. The Conglomerates industry median Return-on-Tangible-Equity is 7.41. Filinvest Development's value of 10.77% is 45.3% above this industry median. Based on the distribution chart, Filinvest Development ranks #201 out of 546 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Filinvest Development has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Filinvest Development's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Filinvest Development ranks #201 out of 546 companies for Return-on-Tangible-Equity. This puts Filinvest Development in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.41. Filinvest Development's value of 10.77% is 45.3% above this benchmark. Historically, Filinvest Development's own Return-on-Tangible-Equity has ranged from 5.27 to 15.34 over the past decade. While the company's 10-year median is 10.57 vs. the industry median of 7.41, Filinvest Development 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-Equity for a Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.41, based on 546 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. Filinvest Development's current Return-on-Tangible-Equity of 10.77% is 45.3% 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-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 Filinvest Development and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Filinvest Development's current Return-on-Tangible-Equity is 10.77%, which is near median its own 10-year median of 10.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filinvest Development stock overvalued right now?
Based on GuruFocus' analysis, Filinvest Development (PHS:FDC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱6.09, compared to a current price of ₱4.36 — trading 28.4% below its estimated fair value. The current Return-on-Tangible-Equity is 10.77%, which is near median its 10-year median of 10.57 and 45.3% above the Conglomerates industry median of 7.41. Filinvest Development's overall GF Score™ is 82/100 with 6 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 Filinvest Development (PHS:FDC), the current Return-on-Tangible-Equity is 10.77% 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 Filinvest Development (PHS:FDC) Overvalued in 2026?
Based on GuruFocus' analysis, Filinvest Development stock appears to be undervalued.
The current stock price of ₱4.36 is trading 28.4% below its estimated GF Value™ of ₱6.09.
GuruFocus considers Filinvest Development to be Modestly Undervalued.
Key valuation signals for PHS:FDC:
Return-on-Tangible-Equity: 10.77% (near median its 10-year median of 10.57)
GF Value™: ₱6.09 vs. price of ₱4.36 (28.4% below fair value)
Industry Position: 45.3% above the Conglomerates median (#201 of 546)
No single metric tells the full story. See the PHS:FDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Filinvest Development Corp is a Philippines-based company engaged in real estate operations as a developer of residential subdivisions and mixed-use urban projects, including condominiums, commercial buildings, industrial parks, and farm estates. It is also involved in leasing operations, hospitality operations, banking and financial services, power and utility operations, sugar farming and milling business, and digital ventures. Its segments are Real Estate Operations, Hospitality, Banking and Financial Services, Utilities, Sugar Operations, and Other operations. Geographically, company has spread it's operations in Philippines, Australia, Asia, Europe and USA.
82GF Score
Get the complete analysis for PHS:FDC
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
PHS:FDC has been successfully added to your 
