Operating Margin

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Price: 205 PHP 0.99% Market Closed

Market Cap: ₱229.7B

6.5%

Improving

by 0.5%

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

6.5%

Operating Income

₱19.4B

Revenue

₱297.9B

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

6.5%

Operating Income

₱19.4B

Revenue

₱297.9B

Peer Comparison

Country		Company	Market Cap	Operating Margin
PH	J	Jollibee Foods Corp XPHS:JFC	233.1B PHP	Loading...
US		McDonald's Corp NYSE:MCD	225.8B USD	Loading...
JP		DD Holdings Co Ltd TSE:3073	18.1T JPY	Loading...
US		Starbucks Corp NASDAQ:SBUX	106.5B USD	Loading...
US		Chipotle Mexican Grill Inc NYSE:CMG	51.8B USD	Loading...
UK		Compass Group PLC LSE:CPG	36.9B GBP	Loading...
US		Yum! Brands Inc NYSE:YUM	43.4B USD	Loading...
CA		Restaurant Brands International Inc NYSE:QSR	30.7B USD	Loading...
IN		Eternal Ltd NSE:ETERNAL	2.5T INR	Loading...
US		Darden Restaurants Inc NYSE:DRI	22.7B USD	Loading...
CN	M	MIXUE Group HKEX:2097	151.7B HKD	Loading...

Market Distribution

Min	-287 155%
30th Percentile	7%
Median	14.5%
70th Percentile	24.6%
Max	491.3%

Other Profitability Ratios

Jollibee Foods Corp
Glance View

Economic Moat

None

Market Cap

229.7B PHP

Industry

Hotels, Restaurants & Leisure

Jollibee Foods Corporation (JFC), often referred to as the pride of the Philippines, has woven a unique tale of success that transcends borders. Founded by Tony Tan Caktiong in 1978, Jollibee began its journey as a modest ice cream parlor before transforming into a fast-food behemoth. The company's captivating story is rooted deeply in its ability to adapt and diversify, understanding the intricate taste preferences of not just Filipino diners but increasingly global markets. Driven by a fierce sense of competition against global giants like McDonald's, Jollibee didn't just imitate; it innovated with an appealing menu of traditional Filipino flavors and Western fast-food staples. This successful marriage of tastes has become its signature, all underpinned by an operational model that focuses on strategic franchising, efficient supply chain management, and harnessing the ubiquity of local and international synergies. The core of Jollibee’s economic blueprint is its ability to produce and sell fast-food offerings at a high turnover rate while maintaining operational quality, allowing it to generate substantial revenue streams. In the Philippines, JFC dominates the fast-food sector, effectively outpacing American rivals by tapping into the heartstrings of local sentiments and creating an emotional connection with its audience. Through aggressive expansion and acquisition strategies, including buying brands like Coffee Bean & Tea Leaf and Smashburger, JFC has consistently bolstered its international presence. These subsidiary brands complement its core operations, diversifying its revenue avenues and hedging geographical risks. Jollibee’s profitability hinges on maximizing economies of scale, brand loyalty fostered through targeted marketing, and the continual evolution of its menu to resonate with a broad customer base. Thus, JFC's rise to becoming a household name globally underscores a consummate balance of tradition, innovation, and strategic foresight.

View JFC Analysis

JFC Intrinsic Value

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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.

Jollibee Foods Corp
XPHS:JFC

Peer Comparison

Market Distribution

Other Profitability Ratios

Jollibee Foods Corp
Glance View

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Jollibee Foods Corp XPHS:JFC