Shell PilipinasPHS:SHLPH +1.80%79 ROA % is 5.17% as of Mar. 2026, which is 28% above its 10-year median of 4.04. GuruFocus rates PHS:SHLPH with a GF Score™ of 79/100 and a GF Value™ of ₱9.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,025 Oil & Gas companies, Shell Pilipinas ranks better than 52.98% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shell Pilipinas's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱6,468 Mil.
Shell Pilipinas's average Total Assets over the quarter that ended in Mar. 2026 was ₱125,154 Mil. Therefore, Shell Pilipinas's annualized ROA % for the quarter that ended in Mar. 2026 was 5.17%.
The historical rank and industry rank for Shell Pilipinas's ROA % or its related term are showing as below:
PHS:SHLPH'
s ROA % Range Over the Past 10 Years
Min: -17.08 Med: 4.04 Max: 13.6
Current: 2.49
During the past 12 years, Shell Pilipinas's highest ROA % was 13.60%. The lowest was -17.08%. And the median was 4.04%.
PHS:SHLPH's ROA % is ranked better than 52.98% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs PHS:SHLPH: 2.49
Shell Pilipinas (PHS:SHLPH) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Shell Pilipinas ROA % Related Terms
Shell Pilipinas ROA % Historical Data
* Premium members only.
The historical data trend for Shell Pilipinas's ROA % 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 Oil & Gas Refining & Marketing subindustry, Shell Pilipinas's ROA %, along with its competitors' market caps and ROA % 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.
Shell Pilipinas ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shell Pilipinas's ROA % distribution charts can be found below:
* The bar in red indicates where Shell Pilipinas's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Shell Pilipinas (PHS:SHLPH) has a ROA % of 5.17% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Shell Pilipinas and its competitors. This is 28% above median its historical median of 4.04. According to the industry distribution chart, Shell Pilipinas ranks #482 out of 1025 companies in the Oil & Gas industry, placing it in the top 47%.
Is Shell Pilipinas' ROA % too high?
Shell Pilipinas' current ROA % of 5.17% is 28% above median its 10-year median of 4.04. The Oil & Gas industry median ROA % is 1.89. Shell Pilipinas' value of 5.17% is 173.5% above this industry median. Based on the distribution chart, Shell Pilipinas ranks #482 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Shell Pilipinas has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shell Pilipinas' ROA % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Shell Pilipinas ranks #482 out of 1025 companies for ROA %. This puts Shell Pilipinas in the upper half of its industry. The industry median ROA % is 1.89. Shell Pilipinas' value of 5.17% is 173.5% above this benchmark. While the company's 10-year median is 4.04 vs. the industry median of 1.89, Shell Pilipinas 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 ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shell Pilipinas's current ROA % of 5.17% is 173.5% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Shell Pilipinas and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shell Pilipinas's current ROA % is 5.17%, which is 28% above median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shell Pilipinas stock overvalued right now?
Based on GuruFocus' analysis, Shell Pilipinas (PHS:SHLPH) is currently considered Fairly Valued. The stock's GF Value™ is ₱9.17, compared to a current price of ₱8.49 — trading 7.4% below its estimated fair value. The current ROA % is 5.17%, which is 28% above median its 10-year median of 4.04 and 173.5% above the Oil & Gas industry median of 1.89. Shell Pilipinas' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Shell Pilipinas (PHS:SHLPH), the current ROA % is 5.17% 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 Shell Pilipinas (PHS:SHLPH) Overvalued in 2026?
Based on GuruFocus' analysis, Shell Pilipinas stock appears to be undervalued.
The current stock price of ₱8.49 is trading 7.4% below its estimated GF Value™ of ₱9.17.
GuruFocus considers Shell Pilipinas to be Fairly Valued.
Key valuation signals for PHS:SHLPH:
ROA %: 5.17% (28% above median its 10-year median of 4.04)
GF Value™: ₱9.17 vs. price of ₱8.49 (7.4% below fair value)
Industry Position: 173.5% above the Oil & Gas median (#482 of 1025)
No single metric tells the full story. See the PHS:SHLPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Address26th Street Corner 9th Avenue, 41st Floor, The Finance Center, Bonifacio Global City, Barangay Fort Bonifacio, Metro Manila, Taguig City, RIZ, PHL, 1635
Shell Pilipinas Corp is engaged in the import and marketing of petroleum products. Its integrated downstream operations span all aspects of the downstream product supply chain, from importing crude oil to distributing petroleum products to its customers across the Philippines. The company offers products such as gasoline, diesel, fuel oil, aviation fuel, marine fuel, lubricants, and bitumen. It solely operates in the Downstream Oil and Gas segment.
79GF Score
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