S

San Miguel Corp
OTC:SMGBF

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San Miguel Corp
OTC:SMGBF
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Price: 1.3467 USD -7.12% Market Closed
Market Cap: $3.2B

Net Margin

1.2%
Current
Improving
by 1.5%
vs 3-y average of -0.3%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
1.2%
=
Net Income
₱17.6B
/
Revenue
₱1.5T

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
1.2%
=
Net Income
$17.6B
/
Revenue
₱1.5T

Peer Comparison

Country Company Market Cap Net
Margin
PH
San Miguel Corp
XPHS:SMC
230.5B PHP
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US
General Electric Co
NYSE:GE
321.1B USD
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DE
Siemens AG
XETRA:SIE
189.8B EUR
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US
Honeywell International Inc
NASDAQ:HON
148.8B USD
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JP
Hitachi Ltd
TSE:6501
23.3T JPY
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US
3M Co
NYSE:MMM
87.2B USD
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ZA
Bidvest Group Ltd
JSE:BVT
82.1B ZAR
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CN
CITIC Ltd
HKEX:267
355.5B HKD
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US
Roper Technologies Inc
F:ROP
32B EUR
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KR
Samsung C&T Corp
KRX:028260
50T KRW
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HK
CK Hutchison Holdings Ltd
HKEX:1
251.1B HKD
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Market Distribution

Lower than 79% of companies in Philippines
Percentile
21st
Based on 288 companies
21st percentile
1.2%
Low
-285 570% — 4.6%
Typical Range
4.6% — 21.6%
High
21.6% — 10 666.4%
Distribution Statistics
Philippines
Min -285 570%
30th Percentile 4.6%
Median 10.8%
70th Percentile 21.6%
Max 10 666.4%

San Miguel Corp
Glance View

San Miguel Corporation (SMC), one of Southeast Asia's largest conglomerates, traces its origins to a modest brewery established in Manila in 1890. What began as a single product — an iconic beer — has since transformed into a multifaceted business powerhouse that plays a pivotal role in the region’s economy. Diversifying far beyond its foundational roots, San Miguel has evolved into a conglomerate with interests spanning beverages, food, packaging, energy, fuel and oil, infrastructure, and real estate. Each of these diverse sectors operates as an independent, yet interconnected, business unit, allowing San Miguel to harness synergies while managing risks through diversification. At the heart of San Miguel’s operations, its product innovation and strategic expansions fuel the corporate engine. The conglomerate monetizes its core beer and beverage expertise, having an extensive distribution network that ensures its products reach every corner of the market. Additionally, its lucrative food division capitalizes on established brand equity, producing everything from staples to premium goods. San Miguel has made significant strides in the energy and infrastructure sectors by investing in assets such as power plants, highways, and airports, which provide stable, long-term cash flows. This dynamic mix of interests under one umbrella allows SMC not only to generate robust revenue streams but also to contribute significantly to the region's development, setting an impressive benchmark for other companies across the globe.

SMGBF Intrinsic Value
4.204 USD
Undervaluation 68%
Intrinsic Value
Price
S
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
1.2%
=
Net Income
₱17.6B
/
Revenue
₱1.5T
What is San Miguel Corp's current Net Margin?

The current Net Margin for San Miguel Corp is 1.2%, which is above its 3-year median of -0.3%.

How has Net Margin changed over time?

Over the last 3 years, San Miguel Corp’s Net Margin has increased from -1.4% to 1.2%. During this period, it reached a low of -1.6% on Jun 30, 2023 and a high of 2.2% on Jun 30, 2025.

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