Solid Group (PHS:SGI) ROE %: 3.45% (As of Mar. 2026) — 11% Below Median


PHS:SGI Solid Group Inc PHS:SGI
95 GF Score
Price ₱1.41
GF Value ₱1.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Solid Group ROE %?

Solid Group PHS:SGI 95 ROE % is 3.45% as of Mar. 2026, which is 11% below its 10-year median of 3.89. GuruFocus rates PHS:SGI with a GF Score™ of 95/100 and a GF Value™ of ₱1.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,422 Hardware companies, Solid Group ranks better than 53.63% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Solid Group's annualized net income for the quarter that ended in Mar. 2026 was ₱450 Mil. Solid Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₱13,034 Mil. Therefore, Solid Group's annualized ROE % for the quarter that ended in Mar. 2026 was 3.45%.

The historical rank and industry rank for Solid Group's ROE % or its related term are showing as below:

PHS:SGI' s ROE % Range Over the Past 10 Years
Min: 2.11   Med: 3.89   Max: 6.13
Current: 5.53

During the past 13 years, Solid Group's highest ROE % was 6.13%. The lowest was 2.11%. And the median was 3.89%.

PHS:SGI's ROE % is ranked better than
53.63% of 2422 companies
in the Hardware industry
Industry Median: 4.635 vs PHS:SGI: 5.53

Solid Group  (PHS:SGI) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=450.26/13033.5205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(450.26 / 3125.872)*(3125.872 / 15745.314)*(15745.314 / 13033.5205)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.4 %*0.1985*1.2081
=ROA %*Equity Multiplier
=2.86 %*1.2081
=3.45 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=450.26/13033.5205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (450.26 / 601.868) * (601.868 / 527.948) * (527.948 / 3125.872) * (3125.872 / 15745.314) * (15745.314 / 13033.5205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7481 * 1.14 * 16.89 % * 0.1985 * 1.2081
=3.45 %

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.


Solid Group ROE % Related Terms


Solid Group ROE % Historical Data

* Premium members only.

The historical data trend for Solid 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.

Solid Group ROE % Chart

Solid Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 3.73 4.30 4.50 5.48

Solid Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 3.24 7.36 3.89 7.49 3.45

PHS:SGI vs AAPL: ROE % Comparison

For the Consumer Electronics subindustry, Solid 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.


Solid Group ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Solid Group's ROE % distribution charts can be found below:

* The bar in red indicates where Solid Group's ROE % falls into.


PHS:SGI
95GF Score
Solid Group Inc PHS:SGI
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solid Group ROE % Calculation

Solid Group's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=696.983/( (12471.767+12965.706)/ 2 )
=696.983/12718.7365
=5.48 %

Solid Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=450.26/( (12965.706+13101.335)/ 2 )
=450.26/13033.5205
=3.45 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.45% mean?
Solid Group (PHS:SGI) has a ROE % of 3.45% 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 Solid Group and its competitors. This is 11% below median its historical median of 3.89. Over the past decade, Solid Group's ROE % has ranged from 2.11 to 6.13. According to the industry distribution chart, Solid Group ranks #1123 out of 2422 companies in the Hardware industry, placing it in the top 46.4%.
Is Solid Group's ROE % too high?
Solid Group's current ROE % of 3.45% is 11% below median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 6.13. The Hardware industry median ROE % is 4.64. Solid Group's value of 3.45% is 25.6% below this industry median. Based on the distribution chart, Solid Group ranks #1123 out of 2422 companies in the Hardware industry, which is above the industry midpoint. Overall, Solid Group has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solid Group's ROE % compare to AAPL?
According to the Hardware industry distribution chart, Solid Group ranks #1123 out of 2422 companies for ROE %. This puts Solid Group in the upper half of its industry. The industry median ROE % is 4.64. Solid Group's value of 3.45% is 25.6% below this benchmark. Historically, Solid Group's own ROE % has ranged from 2.11 to 6.13 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 4.64, Solid 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 Hardware company?
The median ROE % among Hardware companies is 4.64, based on 2,422 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. Solid Group's current ROE % of 3.45% is 25.6% 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 Solid Group and its competitors. For the Hardware industry, the median ROE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Group's current ROE % is 3.45%, which is 11% below median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Group stock overvalued right now?
Based on GuruFocus' analysis, Solid Group (PHS:SGI) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.46, compared to a current price of ₱1.41 — trading 3.4% below its estimated fair value. The current ROE % is 3.45%, which is 11% below median its 10-year median of 3.89 and 25.6% below the Hardware industry median of 4.64. Solid Group's overall GF Score™ is 95/100 with 5 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 Solid Group (PHS:SGI), the current ROE % is 3.45% 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 Solid Group (PHS:SGI) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Group stock appears to be undervalued. The current stock price of ₱1.41 is trading 3.4% below its estimated GF Value™ of ₱1.46. GuruFocus considers Solid Group to be Fairly Valued.

Key valuation signals for PHS:SGI:

  • ROE %: 3.45% (11% below median its 10-year median of 3.89)
  • GF Value™: ₱1.46 vs. price of ₱1.41 (3.4% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 25.6% below the Hardware median (#1123 of 2422)

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


Solid Group Business Description

Address 2285 Don Chino Roces Avenue Extension, Green Sun, Solid House, 2 Floor, Makati, PHL, 1231
Solid Group Inc operates as an investment holding company. It has four segments Distribution/Retail is involved in the sale of mobile phones and devices, home appliances and other electronic products, professional audio and video equipment, and prefabricated modular houses; Property and related services are involved in the leasing, development and sale of industrial and other real estate properties and hotel and related businesses; Logistics and technical solutions are presently engaged in the business of warehousing, distribution, and electronic servicing; and, Investment and others include investment holding companies, and those included in the business of financing and credit extension of which majority of revenue comes from Distribution/Retail segment.
95GF Score

Get the complete analysis for PHS:SGI

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

₱1.41
Price
₱1.46
GF Value