Harbor Star Shipping ServicesPHS:TUGS -3.57%52 Return-on-Tangible-Equity is 4.66% as of Mar. 2026, which is 116% above its 10-year median of 2.16. GuruFocus rates PHS:TUGS with a GF Score™ of 52/100 and a GF Value™ of ₱0.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 975 Transportation companies, Harbor Star Shipping Services ranks worse than 79.9% 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. Harbor Star Shipping Services's annualized net income for the quarter that ended in Mar. 2026 was ₱110 Mil. Harbor Star Shipping Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₱2,360 Mil. Therefore, Harbor Star Shipping Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.66%.
The historical rank and industry rank for Harbor Star Shipping Services's Return-on-Tangible-Equity or its related term are showing as below:
PHS:TUGS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.08 Med: 2.16 Max: 7.23
Current: 1.3
During the past 13 years, Harbor Star Shipping Services's highest Return-on-Tangible-Equity was 7.23%. The lowest was -30.08%. And the median was 2.16%.
PHS:TUGS's Return-on-Tangible-Equity is ranked worse than 79.9% of 975
companies
in the Transportation industry
Industry Median: 9
vs PHS:TUGS: 1.30
Harbor Star Shipping Services (PHS:TUGS) 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.
Harbor Star Shipping Services Return-on-Tangible-Equity Related Terms
Harbor Star Shipping Services Return-on-Tangible-Equity Historical Data
* 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.
Harbor Star Shipping Services Return-on-Tangible-Equity Chart
Harbor Star Shipping Services Return-on-Tangible-Equity Competitor Comparison
For the Marine Shipping subindustry, Harbor Star Shipping Services'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.
Harbor Star Shipping Services Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Harbor Star Shipping Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Harbor Star Shipping Services'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 4.66% mean?
Harbor Star Shipping Services (PHS:TUGS) has a Return-on-Tangible-Equity of 4.66% 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 Harbor Star Shipping Services and its competitors. This is 116% above median its historical median of 2.16. According to the industry distribution chart, Harbor Star Shipping Services ranks #779 out of 975 companies in the Transportation industry, placing it in the top 79.9%.
Is Harbor Star Shipping Services' Return-on-Tangible-Equity too high?
Harbor Star Shipping Services' current Return-on-Tangible-Equity of 4.66% is 116% above median its 10-year median of 2.16. The Transportation industry median Return-on-Tangible-Equity is 9.00. Harbor Star Shipping Services' value of 4.66% is 48.2% below this industry median. Based on the distribution chart, Harbor Star Shipping Services ranks #779 out of 975 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Harbor Star Shipping Services has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Star Shipping Services' Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Harbor Star Shipping Services ranks #779 out of 975 companies for Return-on-Tangible-Equity. This places Harbor Star Shipping Services in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.00. Harbor Star Shipping Services' value of 4.66% is 48.2% below this benchmark. While the company's 10-year median is 2.16 vs. the industry median of 9.00, Harbor Star Shipping Services 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 975 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. Harbor Star Shipping Services's current Return-on-Tangible-Equity of 4.66% is 48.2% 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 Harbor Star Shipping Services and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbor Star Shipping Services's current Return-on-Tangible-Equity is 4.66%, which is 116% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Star Shipping Services stock overvalued right now?
Based on GuruFocus' analysis, Harbor Star Shipping Services (PHS:TUGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.81 — trading 32.8% above its estimated fair value. The current Return-on-Tangible-Equity is 4.66%, which is 116% above median its 10-year median of 2.16 and 48.2% below the Transportation industry median of 9.00. Harbor Star Shipping Services' overall GF Score™ is 52/100 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 Harbor Star Shipping Services (PHS:TUGS), the current Return-on-Tangible-Equity is 4.66% 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 Harbor Star Shipping Services (PHS:TUGS) Overvalued in 2026?
Based on GuruFocus' analysis, Harbor Star Shipping Services stock appears to be overvalued.
The current stock price of ₱0.81 is trading 32.8% above its estimated GF Value™ of ₱0.61.
GuruFocus considers Harbor Star Shipping Services to be Significantly Overvalued.
Key valuation signals for PHS:TUGS:
Return-on-Tangible-Equity: 4.66% (116% above median its 10-year median of 2.16)
GF Value™: ₱0.61 vs. price of ₱0.81 (32.8% above fair value)
Industry Position: 48.2% below the Transportation median (#779 of 975)
No single metric tells the full story. See the PHS:TUGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbor Star Shipping Services Business Description
Harbor Star Shipping Services Inc is an integrated maritime service provider. The service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair, and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemicals, ship and crew management, diving, and underwater marine works. Other marine services include oil and chemical spill response, diving and underwater work, and ship and crew management. The company operates in two segments: Harbor assistance and Renewable energy. It generates maximum revenue from the Harbor assistance segment.
52GF Score
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