S

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: 51.95 PHP -0.29% Market Closed
Market Cap: ₱307B

P/S

0.7
Current
4%
Cheaper
vs 3-y average of 0.8

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.7
=
Market Cap
₱308.5B
/
Revenue
₱419.1B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.7
=
Market Cap
₱308.5B
/
Revenue
₱419.1B

Valuation Scenarios

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

If P/S returns to its 3-Year Average (0.8), the stock would be worth ₱54.28 (4% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+81%
Average Upside
30%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.7 ₱51.95
0%
3-Year Average 0.8 ₱54.28
+4%
5-Year Average 0.8 ₱55.25
+6%
Industry Average 0.9 ₱66.03
+27%
Country Average 1.3 ₱94.14
+81%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
₱308.5B
/
Jan 2026
₱419.1B
=
0.7
Current
₱308.5B
/
Dec 2026
₱453.2B
=
0.7
Forward
₱308.5B
/
Dec 2027
₱478.6B
=
0.6
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
PH
San Miguel Food and Beverage Inc
XPHS:FB
307B PHP 0.7 10.2
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8
CH
Nestle SA
SIX:NESN
206.9B CHF 2.3 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
75B USD 2.1 32.4
FR
Danone SA
PAR:BN
43.1B EUR 1.6 23.3
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 1.4 12.8
US
Hershey Co
NYSE:HSY
38.1B USD 3.3 43.5
CN
Muyuan Foods Co Ltd
SZSE:002714
236.5B CNY 1.8 25.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
229.3B CNY 7.9 32.6
ZA
Avi Ltd
JSE:AVI
33B ZAR 2 12.8
IN
Nestle India Ltd
NSE:NESTLEIND
2.8T INR 12.2 80.5

Market Distribution

Lower than 75% of companies in Philippines
Percentile
25th
Based on 193 companies
25th percentile
0.7
Low
0 — 0.8
Typical Range
0.8 — 2.2
High
2.2 —
Distribution Statistics
Philippines
Min 0
30th Percentile 0.8
Median 1.3
70th Percentile 2.2
Max 410 147.1

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 ₱51.95
S
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