San Miguel Food And Beverage (PHS:FB) Construction In Progress: ₱31,571 Mil (As of Mar. 2026)


PHS:FB San Miguel Food And Beverage Inc PHS:FB
85 GF Score
Price ₱49.95
GF Value ₱56.17
Valuation Modestly Undervalued
! 2 Warning Signs
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What is San Miguel Food And Beverage Construction In Progress?

San Miguel Food And Beverage PHS:FB -0.30% 85 Construction In Progress is ₱31,571 Mil as of Mar. 2026. GuruFocus rates PHS:FB with a GF Score™ of 85/100 and a GF Value™ of ₱56.17 (Modestly Undervalued). The stock has 2 warning signs investors should review.

San Miguel Food And Beverage's quarterly construction in progress increased from Sep. 2025 (₱30,426 Mil) to Dec. 2025 (₱31,546 Mil) and increased from Dec. 2025 (₱31,546 Mil) to Mar. 2026 (₱31,571 Mil).

San Miguel Food And Beverage's annual construction in progress increased from Dec. 2023 (₱36,434 Mil) to Dec. 2024 (₱38,101 Mil) but then declined from Dec. 2024 (₱38,101 Mil) to Dec. 2025 (₱31,546 Mil).

San Miguel Food And Beverage Construction In Progress Historical Data

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The historical data trend for San Miguel Food And Beverage's Construction In Progress 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.

San Miguel Food And Beverage Construction In Progress Chart

San Miguel Food And Beverage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,170.00 34,416.00 36,434.00 38,101.00 31,546.00

San Miguel Food And Beverage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35,082.00 35,687.00 30,426.00 31,546.00 31,571.00
PHS:FB
85GF Score
San Miguel Food And Beverage Inc PHS:FB
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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San Miguel Food And Beverage Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₱31,571 Mil mean?
San Miguel Food And Beverage (PHS:FB) has a Construction In Progress of ₱31,571 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on San Miguel Food And Beverage and its competitors.
Is San Miguel Food And Beverage's Construction In Progress too high?
San Miguel Food And Beverage's current Construction In Progress is ₱31,571 Mil. Overall, San Miguel Food And Beverage has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel Food And Beverage's Construction In Progress compare to KHC and GIS?
San Miguel Food And Beverage's Construction In Progress of ₱31,571 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Consumer Packaged Goods company?
A good Construction In Progress depends on the Consumer Packaged Goods industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on San Miguel Food And Beverage and its competitors. San Miguel Food And Beverage's current Construction In Progress is ₱31,571 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 Food And Beverage stock overvalued right now?
Based on GuruFocus' analysis, San Miguel Food And Beverage (PHS:FB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱56.17, compared to a current price of ₱49.95 — trading 11.1% below its estimated fair value. The current Construction In Progress is ₱31,571 Mil. San Miguel Food And Beverage's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For San Miguel Food And Beverage (PHS:FB), the current Construction In Progress is ₱31,571 Mil as of Mar. 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 Food And Beverage (PHS:FB) Overvalued in 2026?

Based on GuruFocus' analysis, San Miguel Food And Beverage stock appears to be undervalued. The current stock price of ₱49.95 is trading 11.1% below its estimated GF Value™ of ₱56.17. GuruFocus considers San Miguel Food And Beverage to be Modestly Undervalued.

Key valuation signals for PHS:FB:

  • Construction In Progress: ₱31,571 Mil
  • GF Value™: ₱56.17 vs. price of ₱49.95 (11.1% below fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the PHS:FB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

San Miguel Food And Beverage Business Description

Address 40 San Miguel Avenue, Metro Manila, Mandaluyong, PHL, 1555
San Miguel Food And Beverage Inc is a food company located in the Philippines. The Company has three primary operating segments: Beer and non-alcoholic beverages (NAB), Spirits, and Food. The Beer and NAB segment and the Spirits segment comprise the beverage business.
85GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱49.95
Price
₱56.17
GF Value