Top Frontier Investment Holdings (PHS:TFHI) ROCE %: 9.16% (As of Mar. 2026)

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PHS:TFHI Top Frontier Investment Holdings Inc PHS:TFHI
76 GF Score
Price ₱53.05
GF Value ₱65.60
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Top Frontier Investment Holdings ROCE %?

Top Frontier Investment Holdings PHS:TFHI 76 ROCE % is 9.16% as of Mar. 2026. GuruFocus rates PHS:TFHI with a GF Score™ of 76/100 and a GF Value™ of ₱65.60 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Top Frontier Investment Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.16%.

Top Frontier Investment Holdings  (PHS:TFHI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Top Frontier Investment Holdings ROCE % Related Terms

Top Frontier Investment Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Top Frontier Investment Holdings's ROCE % 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.

Top Frontier Investment Holdings ROCE % Chart

Top Frontier Investment Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.51 5.39 8.55 7.86 10.17

Top Frontier Investment Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.64 10.60 7.97 7.27 9.16
PHS:TFHI
76GF Score
Top Frontier Investment Holdings Inc PHS:TFHI
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Frontier Investment Holdings ROCE % Calculation

Top Frontier Investment Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=215432/( ( (2827332 - 742748) + (2875082 - 721593) )/ 2 )
=215432/( (2084584+2153489)/ 2 )
=215432/2119036.5
=10.17 %

Top Frontier Investment Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=199008/( ( (2875082 - 721593) + (3094716 - 904697) )/ 2 )
=199008/( ( 2153489 + 2190019 )/ 2 )
=199008/2171754
=9.16 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 9.16% mean?
Top Frontier Investment Holdings (PHS:TFHI) has a ROCE % of 9.16% as of Mar. 2026.
Is Top Frontier Investment Holdings' ROCE % too high?
Top Frontier Investment Holdings' current ROCE % is 9.16%. The Conglomerates industry median ROCE % is 6.96. Top Frontier Investment Holdings' value of 9.16% is 31.6% above this industry median. Overall, Top Frontier Investment Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Frontier Investment Holdings' ROCE % compare to HON and MMM?
Top Frontier Investment Holdings' ROCE % of 9.16% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.96. Top Frontier Investment Holdings' value of 9.16% is 31.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Conglomerates company?
The median ROCE % among Conglomerates companies is 6.96, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Top Frontier Investment Holdings's current ROCE % of 9.16% is 31.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Conglomerates industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Frontier Investment Holdings's current ROCE % is 9.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Frontier Investment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Top Frontier Investment Holdings (PHS:TFHI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱65.60, compared to a current price of ₱53.05 — trading 19.1% below its estimated fair value. The current ROCE % is 9.16% and 31.6% above the Conglomerates industry median of 6.96. Top Frontier Investment Holdings' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Top Frontier Investment Holdings (PHS:TFHI), the current ROCE % is 9.16% 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 Top Frontier Investment Holdings (PHS:TFHI) Overvalued in 2026?

Based on GuruFocus' analysis, Top Frontier Investment Holdings stock appears to be undervalued. The current stock price of ₱53.05 is trading 19.1% below its estimated GF Value™ of ₱65.60. GuruFocus considers Top Frontier Investment Holdings to be Modestly Undervalued.

Key valuation signals for PHS:TFHI:

  • ROCE %: 9.16%
  • GF Value™: ₱65.60 vs. price of ₱53.05 (19.1% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 31.6% above the Conglomerates median

No single metric tells the full story. See the PHS:TFHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Top Frontier Investment Holdings Business Description

Address No. 399 Sen. Gil J. Puyat Avenue, 5th Floor, ENZO Building, Makati City, PHL, 1200
Top Frontier Investment Holdings Inc is an investment holding company engaged in the processing and marketing of branded refrigerated processed meats and canned meat products. The Company operates through segments including food and beverage, packaging, energy, fuel and oil, infrastructure, cement, real estate, mining, and others. It derives a key revenue from the energy segment, which focuses on the sale, retail, and distribution of power through various supply and service agreements to generators, distribution utilities, including Manila Electric Company (Meralco), electric cooperatives, industrial customers, and the National Grid Corporation of the Philippines (NGCP), as well as through the Philippine Wholesale Electricity Spot Market (WESM).
76GF Score

Get the complete analysis for PHS:TFHI

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱53.05
Price
₱65.60
GF Value