San Miguel Corporation (SMGBF)
Mandaluyong City, PH
San Miguel Corporation is a global conglomerate with a diverse portfolio spanning food and beverage, packaging, energy, fuel and oil, infrastructure, cement, and banking. Its Food and Beverage division covers the entire supply chain, from animal feeds, poultry, and livestock farming to the processing and distribution of various meat products. It also manufactures and sells a wide range of food items, including flour, bakery ingredients, dairy products like butter, cheese, milk, and ice cream, as well as snacks, oils, and condiments. The company imports and markets coffee products and produces both alcoholic (fermented, malt-based, gin, wine, brandy, rum, vodka) and non-alcoholic beverages. The Packaging division offers a wide array of products, from glass and PET bottles (including recycling services) and plastic/metal closures to corrugated cartons, woven polypropylene, kraft sacks, paperboards, aluminum cans, and various other flexible and industrial packaging materials. This segment also provides comprehensive services, including packaging research, development, and consultation, contract packaging, graphic design, and specialized leasing of crates and pallets, along with PET bottle filling and trading activities. In the Energy sector, San Miguel is involved in power generation, distribution, and retail. Its Fuel and Oil operations encompass refining and marketing petroleum products. The Infrastructure segment undertakes the construction and development of critical projects, including toll roads, airports, railways, and bulk water systems. Beyond these core areas, the company is active in real estate development, management, and sales, and manufactures and sells cement. Established in 1890 and headquartered in Mandaluyong City, Philippines, San Miguel Corporation operates as a subsidiary of Top Frontier Investment Holdings, Inc.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.85% | +1.85% | -4.35% | +0.00% | +8.91% | -16.67% | -24.14% | -41.80% | -51.33% | -26.67% | -58.33% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Conglomerates: +6.1%-5.8% Q1'26: +17.5% (vs Q1'25)
-
EPS growth Conglomerates: +16.9%+290.4% ★ Q1'26: -80.5% (vs Q1'25)
-
FCF margin FCF growth · Conglomerates: +35.9%+8.3% ★ Q1'26: +9.8% (vs Q1'25)
-
EBIT margin Conglomerates: +9.0%+14.5% ★ Q1'26: +13.9% (vs Q1'25)
-
ROIC Conglomerates: +4.7%+8.1% ★ Q1'26: +10.0% (vs Q1'25)
-
Share dilution Conglomerates: +0.0%-17.4% ★ Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Conglomerates: 1.28×5.71× Q1'26: 5.72× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
670.03B
est: 825.36B (-18.8%)
|
683.71B
est: 880.13B (-22.3%)
|
825.26B
est: 785.88B (+5.0%)
|
1.03T
est: 969.69B (+5.9%)
|
1.05T
est: 1.04T (+0.5%)
|
725.68B
est: 746.92B (-2.8%)
|
937.00B
est: 834.69B (+12.3%)
|
1.49T
est: 928.30B (+60.0%)
|
1.45T
est: 1.54T (-5.9%)
|
1.57T
est: 1.67T (-6.0%)
|
| EBITDA |
103.27B
est: 121.58B (-15.1%)
|
122.97B
est: 129.64B (-5.1%)
|
149.80B
est: 115.76B (+29.4%)
|
157.19B
est: 142.84B (+10.0%)
|
180.62B
est: 153.39B (+17.8%)
|
130.35B
est: 110.02B (+18.5%)
|
157.52B
est: 122.95B (+28.1%)
|
146.83B
est: 136.74B (+7.4%)
|
218.39B
est: 226.21B (-3.5%)
|
218.26B
est: 250.61B (-12.9%)
|
| EBIT |
77.99B
est: 86.65B (-10.0%)
|
91.86B
est: 92.40B (-0.6%)
|
116.78B
est: 82.50B (+41.5%)
|
118.84B
est: 101.80B (+16.7%)
|
136.44B
est: 109.32B (+24.8%)
|
89.01B
est: 78.41B (+13.5%)
|
113.67B
est: 87.63B (+29.7%)
|
98.28B
est: 97.46B (+0.8%)
|
162.57B
est: 161.22B (+0.8%)
|
160.85B
est: 183.14B (-12.2%)
|
| Net Income |
12.41B
est: 20.02B (-38.0%)
|
16.45B
est: 25.31B (-35.0%)
|
28.20B
est: 30.33B (-7.0%)
|
23.12B
est: 28.01B (-17.5%)
|
21.88B
est: 24.94B (-12.3%)
|
2.97B
est: 6.49B (-54.2%)
|
11.87B
est: 23.11B (-48.6%)
|
-14.91B
est: 45.59B (-132.7%)
|
-1.81B
est: -6.40B (+71.8%)
|
-9.49B
est: -2.83B (-235.3%)
|
| SGA |
51.34B
est: 53.51B (-4.1%)
|
62.81B
est: 57.06B (+10.1%)
|
62.77B
est: 50.95B (+23.2%)
|
74.03B
est: 62.86B (+17.8%)
|
76.58B
est: 67.51B (+13.4%)
|
66.27B
est: 48.42B (+36.9%)
|
67.15B
est: 54.11B (+24.1%)
|
71.51B
est: 60.18B (+18.8%)
|
81.21B
est: 99.56B (-18.4%)
|
89.34B
est: 85.64B (+4.3%)
|
| EPS |
5.23
est: 6.94 (-24.6%)
|
9.43
est: 8.77 (+7.5%)
|
11.85
est: 10.51 (+12.8%)
|
9.68
est: 9.70 (-0.2%)
|
8.95
est: 8.64 (+3.6%)
|
1.25
est: 2.25 (-44.4%)
|
5.84
est: 8.01 (-27.1%)
|
-5.44
est: 15.80 (-134.4%)
|
-76.11
est: -2.22 (-3,330.7%)
|
-7.10
est: -1.19 (-498.0%)
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-06 | B+ | 3/5 | 1/5 | 4/5 | 3/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-30 | B+ | 3/5 | 1/5 | 4/5 | 3/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-24 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 5/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Dimensional - Emerging Markets Value ETF DFEV | 0.01% | 199.1K | 0.46% |
| 2 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 390.3K | 0.39% |
| 3 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.00% | 12.8K | 0.56% |
| 4 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 289.0K | 0.28% |
| 5 | Dimensional - Emerging Core Equity Market ETF DFAE | 0.00% | 184.9K | 0.29% |
| 6 | FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE | 0.00% | 4.6K | 0.58% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Aurora Tolentino Calderon | Senior VP & Director | 88.6K | female |
| Ramon S. Ang | Chairman & Chief Executive Officer | 86.9K | male |
| John Paul L. Ang | Vice Chairman, President & Chief Operating Officer | 85.3K | male |
| Cecile Caroline U. de Ocampo | Senior Vice President and Head of Corporate Mergers & Acquisitions | — | female |
| Lorenzo G. Formoso | Senior Vice President & Head of SMC Infrastructure Business | — | male |
| Maria Raquel Paula G. Lichauco | Vice President & Head of the Corporate Affairs Office | — | female |
| Ramon R. Bantigue | Head of Internal Audit | — | male |
| Attorney Virgilio S. Jacinto | Senior Vice President, General Counsel, Compliance Officer & Corporate Secretary | — | — |
| Reynabeth D. De Guzman | Head of Investor Relations | — | female |
| Bella O. Navarra | Senior Vice President & Comptroller | — | female |
| Bryan U. Villanueva | Senior Vice President, Chief Financial Officer & Director | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for SMGBF
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
