Solid GroupPHS:SGI -2.13%93 Return-on-Tangible-Equity is 3.46% as of Mar. 2026, which is 11% below its 10-year median of 3.89. GuruFocus rates PHS:SGI with a GF Score™ of 93/100 and a GF Value™ of ₱1.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,381 Hardware companies, Solid Group ranks better than 51.28% 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. Solid Group's annualized net income for the quarter that ended in Mar. 2026 was ₱450 Mil. Solid Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₱13,032 Mil. Therefore, Solid Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.46%.
The historical rank and industry rank for Solid Group's Return-on-Tangible-Equity or its related term are showing as below:
PHS:SGI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.11 Med: 3.89 Max: 6.13
Current: 5.54
During the past 13 years, Solid Group's highest Return-on-Tangible-Equity was 6.13%. The lowest was 2.11%. And the median was 3.89%.
PHS:SGI's Return-on-Tangible-Equity is ranked better than 51.28% of 2381
companies
in the Hardware industry
Industry Median: 5.23
vs PHS:SGI: 5.54
Solid Group (PHS:SGI) 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.
Solid Group Return-on-Tangible-Equity Related Terms
Solid Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Solid 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.
PHS:SGI vs AAPL: Return-on-Tangible-Equity Comparison
For the Consumer Electronics subindustry, Solid 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.
Solid Group Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Solid Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Solid 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 3.46% mean?
Solid Group (PHS:SGI) has a Return-on-Tangible-Equity of 3.46% 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 Solid Group and its competitors. This is 11% below median its historical median of 3.89. Over the past decade, Solid Group's Return-on-Tangible-Equity has ranged from 2.11 to 6.13. According to the industry distribution chart, Solid Group ranks #1160 out of 2381 companies in the Hardware industry, placing it in the top 48.7%.
Is Solid Group's Return-on-Tangible-Equity too high?
Solid Group's current Return-on-Tangible-Equity of 3.46% is 11% below median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 6.13. The Hardware industry median Return-on-Tangible-Equity is 5.23. Solid Group's value of 3.46% is 33.8% below this industry median. Based on the distribution chart, Solid Group ranks #1160 out of 2381 companies in the Hardware industry, which is above the industry midpoint. Overall, Solid Group has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solid Group's Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Solid Group ranks #1160 out of 2381 companies for Return-on-Tangible-Equity. This puts Solid Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.23. Solid Group's value of 3.46% is 33.8% below this benchmark. Historically, Solid Group's own Return-on-Tangible-Equity has ranged from 2.11 to 6.13 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 5.23, Solid Group 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.23, based on 2,381 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. Solid Group's current Return-on-Tangible-Equity of 3.46% is 33.8% 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 Solid Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Group's current Return-on-Tangible-Equity is 3.46%, which is 11% below median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Group stock overvalued right now?
Based on GuruFocus' analysis, Solid Group (PHS:SGI) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.46, compared to a current price of ₱1.38 — trading 5.5% below its estimated fair value. The current Return-on-Tangible-Equity is 3.46%, which is 11% below median its 10-year median of 3.89 and 33.8% below the Hardware industry median of 5.23. Solid Group's overall GF Score™ is 93/100 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 Solid Group (PHS:SGI), the current Return-on-Tangible-Equity is 3.46% 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 Solid Group (PHS:SGI) Overvalued in 2026?
Based on GuruFocus' analysis, Solid Group stock appears to be undervalued.
The current stock price of ₱1.38 is trading 5.5% below its estimated GF Value™ of ₱1.46.
GuruFocus considers Solid Group to be Fairly Valued.
Key valuation signals for PHS:SGI:
Return-on-Tangible-Equity: 3.46% (11% below median its 10-year median of 3.89)
GF Value™: ₱1.46 vs. price of ₱1.38 (5.5% below fair value)
Industry Position: 33.8% below the Hardware median (#1160 of 2381)
No single metric tells the full story. See the PHS:SGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solid Group Inc operates as an investment holding company. It has four segments Distribution/Retail is involved in the sale of mobile phones and devices, home appliances and other electronic products, professional audio and video equipment, and prefabricated modular houses; Property and related services are involved in the leasing, development and sale of industrial and other real estate properties and hotel and related businesses; Logistics and technical solutions are presently engaged in the business of warehousing, distribution, and electronic servicing; and, Investment and others include investment holding companies, and those included in the business of financing and credit extension of which majority of revenue comes from Distribution/Retail segment.
93GF Score
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