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Universal Robina Corp
XPHS:URC

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Universal Robina Corp
XPHS:URC
Watchlist
Price: 61 PHP -1.37% Market Closed
Market Cap: ₱130.4B

EV/IC

0.8
Current
41%
Cheaper
vs 3-y average of 1.4

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.8
=
Enterprise Value
₱127.7B
/
Invested Capital
₱156B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.8
=
Enterprise Value
₱127.7B
/
Invested Capital
₱156B

Valuation Scenarios

Universal Robina Corp is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.4), the stock would be worth ₱103.17 (69% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-12%
Maximum Upside
+100%
Average Upside
46%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.8 ₱61
0%
3-Year Average 1.4 ₱103.17
+69%
5-Year Average 1.6 ₱122.08
+100%
Industry Average 1 ₱76.69
+26%
Country Average 0.7 ₱53.76
-12%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
PH
Universal Robina Corp
XPHS:URC
130.4B PHP 0.8 12.8
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 27 042.7 540 752.8
CH
Nestle SA
SIX:NESN
203.3B CHF 2.4 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.7B USD 1.6 32.1
FR
Danone SA
PAR:BN
42.7B EUR 1.5 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.6B ZAR 2.7 12.5
US
Hershey Co
NYSE:HSY
37.7B USD 3.6 42.7
CN
Muyuan Foods Co Ltd
SZSE:002714
244.2B CNY 2 25
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 3.9 12.8
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
225.7B CNY 13 32.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 3 31.9

Market Distribution

In line with most companies in Philippines
Percentile
56th
Based on 189 companies
56th percentile
0.8
Low
0 — 0.4
Typical Range
0.4 — 1
High
1 —
Distribution Statistics
Philippines
Min 0
30th Percentile 0.4
Median 0.7
70th Percentile 1
Max 100.8

Universal Robina Corp
Glance View

Market Cap
130.4B PHP
Industry
Food Products

Universal Robina Corporation (URC), a cornerstone of the Filipino business landscape, stands as a quintessential example of entrepreneurial vision translating into a diversified conglomerate. Founded in 1954 by John Gokongwei Jr., URC has become synonymous with innovation in the consumer foods industry across the Asia-Pacific. The company's genesis was rooted in the production of glucose and corn starch, but it quickly expanded its horizons by venturing into the world of snack foods. This pivotal move resulted in the creation of iconic Filipino brands such as Jack ’n Jill, C2 Green Tea, and Great Taste Coffee. These brands benefit from URC’s vertically integrated operations, ranging from raw material processing to product distribution, enabling the company to maintain agility and efficiency in their supply chain. URC’s business model is characterized by a robust blend of food manufacturing, agro-industrial operations, and commodity packaging. The consumer foods segment, undoubtedly the crown jewel, thrives on leveraging extensive market reach and brand loyalty in the region, offering a diverse array of snacks, confectionery, beverages, and noodles that cater to varying consumer preferences. Beyond consumer foods, URC maintains a strong presence in the agro-industrial sector through its production of animal feeds, hog farming, and a burgeoning sugar and renewables business. This diversification not only stabilizes income streams against the cyclical nature of agro-industrial markets but also supports sustainable growth initiatives. Through strategic acquisitions and joint ventures, URC continually reinforces its position as a leader in the competitive consumer goods market, all while expanding its footprint across Southeast Asia and beyond.

URC Intrinsic Value
94.09 PHP
Undervaluation 35%
Intrinsic Value
Price ₱61
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