Max's GroupPHS:MAXS -2.31%76 ROE % is 4.03% as of Mar. 2026, which is 64% below its 10-year median of 11.05. GuruFocus rates PHS:MAXS with a GF Score™ of 76/100 and a GF Value™ of ₱3.34 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 346 Restaurants companies, Max's Group ranks better than 50.29% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Max's Group's annualized net income for the quarter that ended in Mar. 2026 was ₱237 Mil. Max's Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₱5,877 Mil. Therefore, Max's Group's annualized ROE % for the quarter that ended in Mar. 2026 was 4.03%.
The historical rank and industry rank for Max's Group's ROE % or its related term are showing as below:
PHS:MAXS'
s ROE % Range Over the Past 10 Years
Min: -34.29 Med: 11.05 Max: 13.11
Current: 6.42
During the past 13 years, Max's Group's highest ROE % was 13.11%. The lowest was -34.29%. And the median was 11.05%.
PHS:MAXS's ROE % is ranked better than 50.29% of 346
companies
in the Restaurants industry
Industry Median: 6.38
vs PHS:MAXS: 6.42
Max's Group (PHS:MAXS) 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.
Max's Group ROE % Related Terms
Max's Group ROE % Historical Data
* Premium members only.
The historical data trend for Max's Group'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 Restaurants subindustry, Max's Group'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.
Max's Group ROE % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Max's Group's ROE % distribution charts can be found below:
* The bar in red indicates where Max's Group'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.
Max's Group (PHS:MAXS) has a ROE % of 4.03% 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 Max's Group and its competitors. This is 64% below median its historical median of 11.05. According to the industry distribution chart, Max's Group ranks #172 out of 346 companies in the Restaurants industry, placing it in the top 49.7%.
Is Max's Group's ROE % too high?
Max's Group's current ROE % of 4.03% is 64% below median its 10-year median of 11.05. The Restaurants industry median ROE % is 6.38. Max's Group's value of 4.03% is 36.8% below this industry median. Based on the distribution chart, Max's Group ranks #172 out of 346 companies in the Restaurants industry, which is above the industry midpoint. Overall, Max's Group has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Max's Group's ROE % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Max's Group ranks #172 out of 346 companies for ROE %. This puts Max's Group in the upper half of its industry. The industry median ROE % is 6.38. Max's Group's value of 4.03% is 36.8% below this benchmark. While the company's 10-year median is 11.05 vs. the industry median of 6.38, Max's 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 ROE % for a Restaurants company?
The median ROE % among Restaurants companies is 6.38, based on 346 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. Max's Group's current ROE % of 4.03% is 36.8% 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 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 Max's Group and its competitors. For the Restaurants industry, the median ROE % is 6.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max's Group's current ROE % is 4.03%, which is 64% below median its own 10-year median of 11.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max's Group stock overvalued right now?
Based on GuruFocus' analysis, Max's Group (PHS:MAXS) is currently considered Possible Value Trap. The stock's GF Value™ is ₱3.34, compared to a current price of ₱2.11 — trading 36.8% below its estimated fair value. The current ROE % is 4.03%, which is 64% below median its 10-year median of 11.05 and 36.8% below the Restaurants industry median of 6.38. Max's Group's 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Max's Group (PHS:MAXS), the current ROE % is 4.03% 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 Max's Group (PHS:MAXS) Overvalued in 2026?
Based on GuruFocus' analysis, Max's Group stock appears to be undervalued.
The current stock price of ₱2.11 is trading 36.8% below its estimated GF Value™ of ₱3.34.
GuruFocus considers Max's Group to be Possible Value Trap.
Key valuation signals for PHS:MAXS:
ROE %: 4.03% (64% below median its 10-year median of 11.05)
GF Value™: ₱3.34 vs. price of ₱2.11 (36.8% below fair value)
Industry Position: 36.8% below the Restaurants median (#172 of 346)
No single metric tells the full story. See the PHS:MAXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Max's Group Inc is engaged in the business of establishing, operating and maintaining restaurants, coffee shops, refreshments parlors, cocktail lounges and catering food. The company operates under the under the name and styles of Max's Restaurant, Pancake House, Maple, Dencio's, Singkit, Yellow Cab, Teriyaki Boy, Sizzlin' Steak, Max's Corner Bakery, Max's Group Kitchen, Max's All About Chicken, and All About Chicken. It offers a diverse cuisine covering American, Filipino, Japanese, Chinese, and French. The company has three business segments, namely: Food service, Commissary and Support services. It derives maximum revenue from the food services segment, which is involved in the operation and preparation of food products to be sold to company-owned and franchised stores.
76GF Score
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