Philex MiningPHS:PX -4.07%64 Return-on-Tangible-Equity is -7.21% as of Mar. 2026. GuruFocus rates PHS:PX with a GF Score™ of 64/100 and a GF Value™ of ₱3.24 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,378 Metals & Mining companies, Philex Mining ranks better than 73.25% 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. Philex Mining's annualized net income for the quarter that ended in Mar. 2026 was ₱-2,370 Mil. Philex Mining's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₱32,883 Mil. Therefore, Philex Mining's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -7.21%.
The historical rank and industry rank for Philex Mining's Return-on-Tangible-Equity or its related term are showing as below:
PHS:PX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.78 Med: 4.23 Max: 9.55
Current: 0.63
During the past 13 years, Philex Mining's highest Return-on-Tangible-Equity was 9.55%. The lowest was -2.78%. And the median was 4.23%.
PHS:PX's Return-on-Tangible-Equity is ranked better than 73.25% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.21
vs PHS:PX: 0.63
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.
Philex Mining Return-on-Tangible-Equity Related Terms
Philex Mining Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Philex Mining'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 Other Industrial Metals & Mining subindustry, Philex Mining'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.
Philex Mining Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Philex Mining's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Philex Mining'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 -7.21% mean?
Philex Mining (PHS:PX) has a Return-on-Tangible-Equity of -7.21% 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 Philex Mining and its competitors. According to the industry distribution chart, Philex Mining ranks #636 out of 2378 companies in the Metals & Mining industry, placing it in the top 26.7%.
Is Philex Mining's Return-on-Tangible-Equity too high?
Philex Mining's current Return-on-Tangible-Equity is -7.21%. Based on the distribution chart, Philex Mining ranks #636 out of 2378 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Philex Mining has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philex Mining's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Philex Mining ranks #636 out of 2378 companies for Return-on-Tangible-Equity. This puts Philex Mining in the upper half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Philex Mining and its competitors. Philex Mining's current Return-on-Tangible-Equity is -7.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philex Mining stock overvalued right now?
Based on GuruFocus' analysis, Philex Mining (PHS:PX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱3.24, compared to a current price of ₱7.30 — trading 125.3% above its estimated fair value. The current Return-on-Tangible-Equity is -7.21%. Philex Mining's overall GF Score™ is 64/100 with 8 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 Philex Mining (PHS:PX), the current Return-on-Tangible-Equity is -7.21% 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 Philex Mining (PHS:PX) Overvalued in 2026?
Based on GuruFocus' analysis, Philex Mining stock appears to be overvalued.
The current stock price of ₱7.30 is trading 125.3% above its estimated GF Value™ of ₱3.24.
GuruFocus considers Philex Mining to be Significantly Overvalued.
Key valuation signals for PHS:PX:
Return-on-Tangible-Equity: -7.21%
GF Value™: ₱3.24 vs. price of ₱7.30 (125.3% above fair value)
No single metric tells the full story. See the PHS:PX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Philex Mining Corporation is engaged in large-scale exploration, development, and utilization of mineral resources. The company mainly operates the Padcal Mine, an underground block cave operation in the Far East, producing copper, gold, and silver concentrates. The other projects in its portfolio are the Silangan Copper and Gold Project, situated in Surigao del Norte, Northeastern Mindanao; the Sibutad Project, in Zamboanga del Norte; and the Bulawan project, in Sipalay City, Philippines. Philex Mining generates maximum revenue from the sale of copper, followed by the sale of gold and silver concentrates. The company operates in two reportable business segments: the mining and metals segment, which generates the maximum revenue, and the energy and hydrocarbon segment.
64GF Score
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