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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: 52 PHP Market Closed
Market Cap: ₱307.3B

P/B

2.4
Current
7%
Cheaper
vs 3-y average of 2.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.4
=
Market Cap
₱308.5B
/
Total Equity
₱128.5B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.4
=
Market Cap
₱308.5B
/
Total Equity
₱128.5B

Valuation Scenarios

San Miguel Food and Beverage Inc is trading below its 3-year average

If P/B returns to its 3-Year Average (2.6), the stock would be worth ₱55.78 (7% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-54%
Maximum Upside
+10%
Average Downside
21%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.4 ₱52
0%
3-Year Average 2.6 ₱55.78
+7%
5-Year Average 2.6 ₱57.28
+10%
Industry Average 1.3 ₱28.25
-46%
Country Average 1.1 ₱23.79
-54%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

Higher than 85% of companies in Philippines
Percentile
85th
Based on 189 companies
85th percentile
2.4
Low
0.1 — 0.5
Typical Range
0.5 — 1.4
High
1.4 —
Distribution Statistics
Philippines
Min 0.1
30th Percentile 0.5
Median 1.1
70th Percentile 1.4
Max 44.8

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
68.22 PHP
Undervaluation 24%
Intrinsic Value
Price ₱52
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