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San Miguel Food and Beverage Inc
XPHS:FB

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San Miguel Food and Beverage Inc
XPHS:FB
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Price: 54 PHP -0.09%
Market Cap: ₱319.1B

Gross Margin

28.8%
Current
Improving
by 1.6%
vs 3-y average of 27.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
28.8%
=
Gross Profit
₱118.7B
/
Revenue
₱412.7B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
28.8%
=
Gross Profit
₱118.7B
/
Revenue
₱412.7B

Peer Comparison

Country Company Market Cap Gross
Margin
PH
San Miguel Food and Beverage Inc
XPHS:FB
319.1B PHP
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JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY
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CH
Nestle SA
SIX:NESN
202.4B CHF
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US
Mondelez International Inc
NASDAQ:MDLZ
80.2B USD
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ZA
Tiger Brands Ltd
JSE:TBS
56.3B ZAR
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FR
Danone SA
PAR:BN
46.7B EUR
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US
Hershey Co
NYSE:HSY
45.1B USD
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ZA
Avi Ltd
JSE:AVI
37.6B ZAR
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CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
28.5B CHF
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CN
Muyuan Foods Co Ltd
SZSE:002714
247.7B CNY
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CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
208.6B CNY
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Market Distribution

In line with most companies in Philippines
Percentile
39th
Based on 236 companies
39th percentile
28.8%
Low
-586.1% — 24.2%
Typical Range
24.2% — 51.1%
High
51.1% — 1 669.7%
Distribution Statistics
Philippines
Min -586.1%
30th Percentile 24.2%
Median 33.4%
70th Percentile 51.1%
Max 1 669.7%

San Miguel Food and Beverage Inc
Glance View

San Miguel Food and Beverage Inc. stands as a significant pillar in the diversified portfolio of San Miguel Corporation, one of the Philippines' most influential conglomerates. Originally themed around its rich heritage in brewing, the company has expanded its horizons to encompass a vast landscape of food and beverage products that cater to varying consumer demands across the nation. At its core, the company thrives on a vibrant ecosystem of interdependent segments: beer, spirits, and food. The beer division boasts iconic brands that have become synonymous with Filipino celebrations, contributing a substantial share to its revenues. Meanwhile, the spirits segment complements this with a range of distilled options, appealing to a broad spectrum of local taste preferences. Simultaneously, the food division practices a vertically integrated approach, efficiently managing everything from production to distribution. This integration ensures that it can offer an extensive array of products, including processed meats, dairy products, and flour, fostering synergy with its beverage operations. Notably, its strategic supply chain and distribution channels enable San Miguel Food and Beverage to maintain a strong presence in both urban centers and remote provinces, reinforcing brand loyalty and consistent sales growth. By leveraging its robust brand portfolio and synergistic business model, the company captures a substantial slice of the Philippine food and beverage market, sustaining its profitability while seeking avenues for innovation and expansion.

FB Intrinsic Value
65.47 PHP
Undervaluation 18%
Intrinsic Value
Price
S
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
28.8%
=
Gross Profit
₱118.7B
/
Revenue
₱412.7B
What is San Miguel Food and Beverage Inc's current Gross Margin?

The current Gross Margin for San Miguel Food and Beverage Inc is 28.8%, which is above its 3-year median of 27.2%.

How has Gross Margin changed over time?

Over the last 3 years, San Miguel Food and Beverage Inc’s Gross Margin has increased from 27.9% to 28.8%. During this period, it reached a low of 25.6% on Jun 30, 2023 and a high of 28.8% on Sep 30, 2025.

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