GMA HoldingsPHS:GMAP 35 ROE % is 114.12% as of Mar. 2026, which is 3% above its 10-year median of 110.29. GuruFocus rates PHS:GMAP with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 794 Capital Markets companies, GMA Holdings ranks better than 98.61% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GMA Holdings's annualized net income for the quarter that ended in Mar. 2026 was ₱1.97 Mil. GMA Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₱1.72 Mil. Therefore, GMA Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 114.12%.
The historical rank and industry rank for GMA Holdings's ROE % or its related term are showing as below:
PHS:GMAP'
s ROE % Range Over the Past 10 Years
Min: 49.96 Med: 110.29 Max: 157.87
Current: 157.87
During the past 13 years, GMA Holdings's highest ROE % was 157.87%. The lowest was 49.96%. And the median was 110.29%.
PHS:GMAP's ROE % is ranked better than 98.61% of 794
companies
in the Capital Markets industry
Industry Median: 6.005
vs PHS:GMAP: 157.87
GMA Holdings (PHS:GMAP) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
GMA Holdings ROE % Related Terms
GMA Holdings ROE % Historical Data
* Premium members only.
The historical data trend for GMA Holdings's ROE % 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 Capital Markets subindustry, GMA Holdings's ROE %, along with its competitors' market caps and ROE % 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.
GMA Holdings ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, GMA Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where GMA Holdings's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
GMA Holdings (PHS:GMAP) has a ROE % of 114.12% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on GMA Holdings and its competitors. This is near median its historical median of 110.29. Over the past decade, GMA Holdings' ROE % has ranged from 49.96 to 157.87. According to the industry distribution chart, GMA Holdings ranks #11 out of 794 companies in the Capital Markets industry, placing it in the top 1.4%.
Is GMA Holdings' ROE % too high?
GMA Holdings' current ROE % of 114.12% is near median its 10-year median of 110.29. Over the past 10 years, this metric has ranged from a low of 49.96 to a high of 157.87. The Capital Markets industry median ROE % is 6.01. GMA Holdings' value of 114.12% is 1800.4% above this industry median. Based on the distribution chart, GMA Holdings ranks #11 out of 794 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, GMA Holdings has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does GMA Holdings' ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, GMA Holdings ranks #11 out of 794 companies for ROE %. This places GMA Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 6.01. GMA Holdings' value of 114.12% is 1800.4% above this benchmark. Historically, GMA Holdings' own ROE % has ranged from 49.96 to 157.87 over the past decade. While the company's 10-year median is 110.29 vs. the industry median of 6.01, GMA Holdings 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.01, based on 794 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GMA Holdings's current ROE % of 114.12% is 1800.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on GMA Holdings and its competitors. For the Capital Markets industry, the median ROE % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMA Holdings's current ROE % is 114.12%, which is near median its own 10-year median of 110.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMA Holdings stock overvalued right now?
GMA Holdings (PHS:GMAP) has a current ROE % of 114.12%. The current ROE % is 114.12%, which is near median its 10-year median of 110.29 and 1800.4% above the Capital Markets industry median of 6.01. GMA Holdings' overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For GMA Holdings (PHS:GMAP), the current ROE % is 114.12% 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.
GMA Holdings Inc is a Philippine company that engages in issuing Philippine deposit receipts (PDR's). The company invests in, purchases, acquires, owns, holds, uses, sells, assigns, transfers, mortgages, pledges, exchanges, disposes of real and personal property of every kind and description.
35GF Score
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