Victorias Milling Co (PHS:VMC) ROE %: 14.95% (As of Feb. 2026) — 22% Above Median


PHS:VMC Victorias Milling Co Inc PHS:VMC
89 GF Score
Price ₱1.98
GF Value ₱1.98
Valuation Fairly Valued
! 4 Warning Signs
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What is Victorias Milling Co ROE %?

Victorias Milling Co PHS:VMC -1.00% 89 ROE % is 14.95% as of Feb. 2026, which is 22% above its 10-year median of 12.23. GuruFocus rates PHS:VMC with a GF Score™ of 89/100 and a GF Value™ of ₱1.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Victorias Milling Co ranks better than 57.52% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Victorias Milling Co's annualized net income for the quarter that ended in Feb. 2026 was ₱2,046 Mil. Victorias Milling Co's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was ₱13,680 Mil. Therefore, Victorias Milling Co's annualized ROE % for the quarter that ended in Feb. 2026 was 14.95%.

The historical rank and industry rank for Victorias Milling Co's ROE % or its related term are showing as below:

PHS:VMC' s ROE % Range Over the Past 10 Years
Min: 8.65   Med: 12.23   Max: 15.13
Current: 8.65

During the past 13 years, Victorias Milling Co's highest ROE % was 15.13%. The lowest was 8.65%. And the median was 12.23%.

PHS:VMC's ROE % is ranked better than
57.52% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs PHS:VMC: 8.65

Victorias Milling Co  (PHS:VMC) 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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=2045.852/13680.306
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2045.852 / 13506.804)*(13506.804 / 16292.785)*(16292.785 / 13680.306)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.15 %*0.829*1.191
=ROA %*Equity Multiplier
=12.56 %*1.191
=14.95 %

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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=2045.852/13680.306
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2045.852 / 2190.496) * (2190.496 / 2055.444) * (2055.444 / 13506.804) * (13506.804 / 16292.785) * (16292.785 / 13680.306)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.934 * 1.0657 * 15.22 % * 0.829 * 1.191
=14.95 %

Note: The net income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.


Victorias Milling Co ROE % Related Terms


Victorias Milling Co ROE % Historical Data

* Premium members only.

The historical data trend for Victorias Milling Co'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.

Victorias Milling Co ROE % Chart

Victorias Milling Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.29 10.45 15.13 13.17 10.52

Victorias Milling Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 15.59 12.07 2.70 4.82 14.95

PHS:VMC vs MDLZ, HSY, TR: ROE % Comparison

For the Confectioners subindustry, Victorias Milling Co'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.


Victorias Milling Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's ROE % distribution charts can be found below:

* The bar in red indicates where Victorias Milling Co's ROE % falls into.


PHS:VMC
89GF Score
Victorias Milling Co Inc PHS:VMC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Victorias Milling Co ROE % Calculation

Victorias Milling Co's annualized ROE % for the fiscal year that ended in Aug. 2025 is calculated as

ROE %=Net Income (A: Aug. 2025 )/( (Total Stockholders Equity (A: Aug. 2024 )+Total Stockholders Equity (A: Aug. 2025 ))/ count )
=1356.137/( (12370.762+13399.395)/ 2 )
=1356.137/12885.0785
=10.52 %

Victorias Milling Co's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Nov. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=2045.852/( (13561.677+13798.935)/ 2 )
=2045.852/13680.306
=14.95 %

* 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 (Feb. 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 14.95% mean?
Victorias Milling Co (PHS:VMC) has a ROE % of 14.95% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Victorias Milling Co and its competitors. This is 22% above median its historical median of 12.23. Over the past decade, Victorias Milling Co's ROE % has ranged from 8.65 to 15.13. According to the industry distribution chart, Victorias Milling Co ranks #814 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 42.5%.
Is Victorias Milling Co's ROE % too high?
Victorias Milling Co's current ROE % of 14.95% is 22% above median its 10-year median of 12.23. Over the past 10 years, this metric has ranged from a low of 8.65 to a high of 15.13. The Consumer Packaged Goods industry median ROE % is 6.72. Victorias Milling Co's value of 14.95% is 122.5% above this industry median. Based on the distribution chart, Victorias Milling Co ranks #814 out of 1916 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Victorias Milling Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victorias Milling Co's ROE % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Victorias Milling Co ranks #814 out of 1916 companies for ROE %. This puts Victorias Milling Co in the upper half of its industry. The industry median ROE % is 6.72. Victorias Milling Co's value of 14.95% is 122.5% above this benchmark. Historically, Victorias Milling Co's own ROE % has ranged from 8.65 to 15.13 over the past decade. While the company's 10-year median is 12.23 vs. the industry median of 6.72, Victorias Milling Co 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 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. Victorias Milling Co's current ROE % of 14.95% is 122.5% 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 Victorias Milling Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victorias Milling Co's current ROE % is 14.95%, which is 22% above median its own 10-year median of 12.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victorias Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Victorias Milling Co (PHS:VMC) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.98, compared to a current price of ₱1.98 — trading right at its estimated fair value. The current ROE % is 14.95%, which is 22% above median its 10-year median of 12.23 and 122.5% above the Consumer Packaged Goods industry median of 6.72. Victorias Milling Co's overall GF Score™ is 89/100 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 Victorias Milling Co (PHS:VMC), the current ROE % is 14.95% as of Feb. 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 Victorias Milling Co (PHS:VMC) Overvalued in 2026?

Based on GuruFocus' analysis, Victorias Milling Co stock appears to be undervalued. The current stock price of ₱1.98 is trading 0% below its estimated GF Value™ of ₱1.98. GuruFocus considers Victorias Milling Co to be Fairly Valued.

Key valuation signals for PHS:VMC:

  • ROE %: 14.95% (22% above median its 10-year median of 12.23)
  • GF Value™: ₱1.98 vs. price of ₱1.98 (0% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 122.5% above the Consumer Packaged Goods median (#814 of 1916)

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


Victorias Milling Co Business Description

Address J.J. Ossorio Street, VMC Compound, Barangay XVI, Negros Occidental, Victorias, NEC, PHL, 6119
Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company offers milling and tolling services to planters and sells raw sugar, refined sugar, molasses, and renewable energy. The company operates through business segments that include Sugar Milling, Renewable Energy Operations, and Others. The Sugar Milling segment generates maximum revenue for the company.
89GF Score

Get the complete analysis for PHS:VMC

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

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