Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
San Miguel's quarterly buildings and improvements
declined
from Dec. 2025 (₱143,185 Mil) to Mar. 2026 (₱141,667 Mil) but then
increased
from Mar. 2026 (₱141,667 Mil) to Jun. 2026 (₱143,885 Mil).
San Miguel's annual buildings and improvements
increased
from Dec. 2023 (₱107,296 Mil) to Dec. 2024 (₱121,429 Mil) and
increased
from Dec. 2024 (₱121,429 Mil) to Dec. 2025 (₱143,185 Mil).
San Miguel Buildings And Improvements Historical Data
* Premium members only.
The historical data trend for San Miguel's Buildings And Improvements can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.
Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.
What does a Buildings And Improvements of ₱143,885 Mil mean?
San Miguel (PHS:SMC) has a Buildings And Improvements of ₱143,885 Mil as of Jun. 2026. Buildings and improvements is the total value of a company's buildings and improvements to them. View historical data on San Miguel and its competitors.
Is San Miguel's Buildings And Improvements too high?
San Miguel's current Buildings And Improvements is ₱143,885 Mil. Overall, San Miguel has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does San Miguel's Buildings And Improvements compare to MMM and HON?
San Miguel's Buildings And Improvements of ₱143,885 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buildings And Improvements for a Conglomerates company?
A good Buildings And Improvements depends on the Conglomerates industry context. However, Buildings And Improvements should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buildings And Improvements mean?
A high Buildings And Improvements can signal that a stock is expensive relative to its fundamentals. Buildings and improvements is the total value of a company's buildings and improvements to them. View historical data on San Miguel and its competitors. San Miguel's current Buildings And Improvements is ₱143,885 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Miguel stock overvalued right now?
Based on GuruFocus' analysis, San Miguel (PHS:SMC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱92.68, compared to a current price of ₱64.75 — trading 30.1% below its estimated fair value. The current Buildings And Improvements is ₱143,885 Mil. San Miguel's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buildings And Improvements calculated?
Buildings And Improvements is calculated from a company's financial statements. For San Miguel (PHS:SMC), the current Buildings And Improvements is ₱143,885 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is San Miguel (PHS:SMC) Overvalued in 2026?
Based on GuruFocus' analysis, San Miguel stock appears to be undervalued.
The current stock price of ₱64.75 is trading 30.1% below its estimated GF Value™ of ₱92.68.
GuruFocus considers San Miguel to be Possible Value Trap.
Key valuation signals for PHS:SMC:
Buildings And Improvements: ₱143,885 Mil
GF Value™: ₱92.68 vs. price of ₱64.75 (30.1% below fair value)
No single metric tells the full story. See the PHS:SMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
San Miguel Corp, through its subsidiaries, operates in various reportable business segments, including food and beverage, packaging, energy, fuel and oil, infrastructure, cement, and real estate property management and development. Maximum revenue is generated from the fuel and oil segment, which is engaged in refining crude oil and marketing and distribution of refined petroleum products.
85GF Score
Get the complete analysis for PHS:SMC
Buildings And Improvements is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:SMC has been successfully added to your 
