Operating Margin

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Price: 0.77 USD Market Closed

Market Cap: 3.3B USD

2.9%

Improving

by 0.4%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

2.9%

Operating Income

$2.3B

Revenue

$10.1B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

2.9%

Operating Income

$2.3B

Revenue

$10.1B

Peer Comparison

Country		Company	Market Cap	Operating Margin
HK		First Pacific Co Ltd HKEX:142	25.4B HKD	Loading...
JP	G	Goyo Foods Industry Co Ltd TSE:2230	53.2T JPY	Loading...
CH		Nestle SA SIX:NESN	190.3B CHF	Loading...
US		Mondelez International Inc NASDAQ:MDLZ	73.9B USD	Loading...
FR		Danone SA PAR:BN	48.5B EUR	Loading...
ZA	T	Tiger Brands Ltd JSE:TBS	53.6B Zac	Loading...
MY	O	Ocb Bhd KLSE:OCB	204B MYR	Loading...
US		Hershey Co NYSE:HSY	40.1B USD	Loading...
CN		Muyuan Foods Co Ltd SZSE:002714	258.6B CNY	Loading...
ZA	A	Avi Ltd JSE:AVI	36.4B Zac	Loading...
CH		Chocoladefabriken Lindt & Spruengli AG SIX:LISN	26.4B CHF	Loading...

Market Distribution

Min	-833.9%
30th Percentile	1.1%
Median	4.9%
70th Percentile	15.4%
Max	454.5%

Other Profitability Ratios

First Pacific Co Ltd
Glance View

Market Cap

3.3B USD

Industry

Food Products

First Pacific Co Ltd is an investment management and holding company that sits at the crossroads of Asian commerce, meticulously weaving a tapestry of diverse business interests across the region. Established in 1981 and headquartered in Hong Kong, First Pacific has strategically positioned itself across several key sectors including telecommunications, consumer food products, infrastructure, and natural resources. The company operates primarily through its significant stakes in a network of leading companies like PLDT Inc., a telecommunications giant, Indofood, a major player in the consumer food products industry, and Metro Pacific Investments, which manages infrastructure such as water, power, and health care. This diversified portfolio allows First Pacific to capture opportunities in rapidly growing markets while managing risk through sectoral and geographical diversity. The company's business model hinges on its ability to generate steady cash flows from its operating units and continuously seek restructuring and optimization of its portfolio. By maintaining significant control over its investments, First Pacific not only influences strategic direction but also ensures the proficiency of operation management. For example, Indofood benefits from economies of scale in its extensive distribution network in Indonesia, translating raw agricultural products into widespread consumer favorites. Meanwhile, its telecommunications interests, via PLDT, tap into the ever-expanding digital needs of the Southeast Asian market. This multilayered approach allows First Pacific to capitalize sustainably on cash-generating businesses while sifting through new ventures poised for growth, thereby ensuring a cycle of continual reinvestment and value creation for its stakeholders.

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What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

First Pacific Co Ltd
OTC:FPAFF

Peer Comparison

Market Distribution

Other Profitability Ratios

First Pacific Co Ltd
Glance View

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First Pacific Co Ltd OTC:FPAFF