Philippine National Construction (PHS:PNC) ROE %: 1.18% (As of Dec. 2024) — 94% Below Median


What is Philippine National Construction ROE %?

Philippine National Construction PHS:PNC ROE % is 1.18% as of Dec. 2024, which is 94% below its 10-year median of 19.85. The stock has 2 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Philippine National Construction's annualized net income for the quarter that ended in Dec. 2024 was ₱434.15 Mil. Philippine National Construction's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was ₱36,647.63 Mil. Therefore, Philippine National Construction's annualized ROE % for the quarter that ended in Dec. 2024 was 1.18%.

The historical rank and industry rank for Philippine National Construction's ROE % or its related term are showing as below:

PHS:PNC' s ROE % Range Over the Past 10 Years
Min: -2.2   Med: 19.85   Max: 159.85
Current: 1.18

During the past 13 years, Philippine National Construction's highest ROE % was 159.85%. The lowest was -2.20%. And the median was 19.85%.

PHS:PNC's ROE % is not ranked
in the Construction industry.
Industry Median: 6.69 vs PHS:PNC: 1.18

Philippine National Construction  (PHS:PNC) 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:

ROE %(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=434.147/36647.6335
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(434.147 / 0)*(0 / 61982.888)*(61982.888 / 36647.6335)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.6913
=ROA %*Equity Multiplier
=N/A %*1.6913
=1.18 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=434.147/36647.6335
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (434.147 / 513.44) * (513.44 / -132.075) * (-132.075 / 0) * (0 / 61982.888) * (61982.888 / 36647.6335)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8456 * -3.8875 * N/A % * 0 * 1.6913
=1.18 %

Note: The net income data used here is one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) 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.


Philippine National Construction ROE % Related Terms


Philippine National Construction ROE % Historical Data

* Premium members only.

The historical data trend for Philippine National Construction'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.

Philippine National Construction ROE % Chart

Philippine National Construction Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.94 19.85 0.30 43.90 1.18

Philippine National Construction Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE % 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 -0.94 19.85 0.30 43.90 1.18

Philippine National Construction ROE % Competitor Comparison

For the Engineering & Construction subindustry, Philippine National Construction'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.


Philippine National Construction ROE % vs Construction Industry

For the Construction industry and Industrials sector, Philippine National Construction's ROE % distribution charts can be found below:

* The bar in red indicates where Philippine National Construction's ROE % falls into.



Philippine National Construction ROE % Calculation

Philippine National Construction's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=434.147/( (36473.945+36821.322)/ 2 )
=434.147/36647.6335
=1.18 %

Philippine National Construction's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=434.147/( (36473.945+36821.322)/ 2 )
=434.147/36647.6335
=1.18 %

* 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 one times the annual (Dec. 2024) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 1.18% mean?
Philippine National Construction (PHS:PNC) has a ROE % of 1.18% as of Dec. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Philippine National Construction and its competitors. This is 94% below median its historical median of 19.85.
Is Philippine National Construction's ROE % too high?
Philippine National Construction's current ROE % of 1.18% is 94% below median its 10-year median of 19.85. The Construction industry median ROE % is 6.69. Philippine National Construction's value of 1.18% is 82.4% below this industry median.
How does Philippine National Construction's ROE % compare to competitors?
Philippine National Construction's ROE % of 1.18% can be compared against companies in the Construction industry. The industry median ROE % is 6.69. Philippine National Construction's value of 1.18% is 82.4% below this benchmark. While the company's 10-year median is 19.85 vs. the industry median of 6.69, Philippine National Construction 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Philippine National Construction's current ROE % of 1.18% is 82.4% 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 Philippine National Construction and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philippine National Construction's current ROE % is 1.18%, which is 94% below median its own 10-year median of 19.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine National Construction stock overvalued right now?
Philippine National Construction (PHS:PNC) has a current ROE % of 1.18%. The current ROE % is 1.18%, which is 94% below median its 10-year median of 19.85 and 82.4% below the Construction industry median of 6.69. 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 Philippine National Construction (PHS:PNC), the current ROE % is 1.18% as of Dec. 2024. 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.

Philippine National Construction Business Description

Address KM. 15, East Service Road, PNCC Complex, Bicutan, Paranaque, PHL, 1700
Philippine National Construction Corp. engages in construction and engineering activities throughout the Philippines. It undertakes a range of projects comprising the construction of highways, bridges, and industrial facilities, as well as land development. The company offers services in various phases of a project, including feasibility studies, design and detailed engineering, procurement, construction, and project management, concrete pre-casting, steel fabrication, materials processing, and equipment rental/leasing. It also provides other support services, such as pre-fabrication, materials processing, and equipment rebuilding.