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Filipino Fund (PHS:FFI) Return-on-Tangible-Equity : -47.22% (As of Dec. 2024)


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What is Filipino Fund Return-on-Tangible-Equity?

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. Filipino Fund's annualized net income for the quarter that ended in Dec. 2024 was ₱-117.50 Mil. Filipino Fund's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₱248.85 Mil. Therefore, Filipino Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -47.22%.

The historical rank and industry rank for Filipino Fund's Return-on-Tangible-Equity or its related term are showing as below:

PHS:FFI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.22   Med: 1.17   Max: 9.44
Current: -0.85

During the past 8 years, Filipino Fund's highest Return-on-Tangible-Equity was 9.44%. The lowest was -10.22%. And the median was 1.17%.

PHS:FFI's Return-on-Tangible-Equity is ranked worse than
78.58% of 1639 companies
in the Asset Management industry
Industry Median: 7.97 vs PHS:FFI: -0.85

Filipino Fund Return-on-Tangible-Equity Historical Data

The historical data trend for Filipino Fund'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.

* Premium members only.

Filipino Fund Return-on-Tangible-Equity Chart

Filipino Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial -5.43 2.16 -3.00 7.19 8.88

Filipino Fund Quarterly Data
Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 5.67 11.31 33.02 -47.22

Competitive Comparison of Filipino Fund's Return-on-Tangible-Equity

For the Asset Management subindustry, Filipino Fund'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.


Filipino Fund's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Filipino Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Filipino Fund's Return-on-Tangible-Equity falls into.


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Filipino Fund Return-on-Tangible-Equity Calculation

Filipino Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=19.915/( (214.246+234.161 )/ 2 )
=19.915/224.2035
=8.88 %

Filipino Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-117.496/( (263.536+234.161)/ 2 )
=-117.496/248.8485
=-47.22 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Filipino Fund  (PHS:FFI) 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.


Filipino Fund Return-on-Tangible-Equity Related Terms

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


Filipino Fund Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue corner 28th Street, Units 1210-1212, 12th Floor, PSE Tower, Bonifacio Global City, Taguig, PHL, 1634
Filipino Fund Inc is a closed-end investment company. Its services include investment in equities, UITFs, and high-grade fixed-income securities. Geographically, the activities are carried out through the region of the Philippines.

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