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San Miguel Food And BeveragePHS:FB -0.21%87 Earnings Yield (Joel Greenblatt) % is 16.03% as of Mar. 2026, which is 26% above its 10-year median of 12.76. GuruFocus rates PHS:FB with a GF Score™ of 87/100 and a GF Value™ of ₱56.31 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,032 Consumer Packaged Goods companies, San Miguel Food And Beverage ranks better than 88.29% on this metric.
San Miguel Food And Beverage's Enterprise Value for the quarter that ended in Mar. 2026 was ₱406,884 Mil.
San Miguel Food And Beverage's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱65,216 Mil. San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 16.03%.
The historical rank and industry rank for San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
PHS:FB'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.07 Med: 12.76 Max: 98.16
Current: 16.98
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of San Miguel Food And Beverage was 98.16%. The lowest was 6.07%. And the median was 12.76%.
PHS:FB's Earnings Yield (Joel Greenblatt) % is ranked better than 88.29% of 2032
companies
in the Consumer Packaged Goods industry
Industry Median: 6.12
vs PHS:FB: 16.98
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. San Miguel Food And Beverage's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 23.67%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
San Miguel Food And Beverage (PHS:FB) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
San Miguel Food And Beverage Earnings Yield (Joel Greenblatt) % Related Terms
San Miguel Food And Beverage Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart
PHS:FB vs KHC, GIS: Earnings Yield (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
San Miguel Food And Beverage Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % falls into.
San Miguel Food And Beverage Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
San Miguel Food And Beverages Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
San Miguel Food And Beverage's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱65,216 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 16.03% mean?
San Miguel Food And Beverage (PHS:FB) has a Earnings Yield (Joel Greenblatt) % of 16.03% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on San Miguel Food And Beverage and its competitors. This is 26% above median its historical median of 12.76. Over the past decade, San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % has ranged from 6.07 to 98.16. According to the industry distribution chart, San Miguel Food And Beverage ranks #238 out of 2032 companies in the Consumer Packaged Goods industry, placing it in the top 11.7%.
Is San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % too high?
San Miguel Food And Beverage's current Earnings Yield (Joel Greenblatt) % of 16.03% is 26% above median its 10-year median of 12.76. Over the past 10 years, this metric has ranged from a low of 6.07 to a high of 98.16. The Consumer Packaged Goods industry median Earnings Yield (Joel Greenblatt) % is 6.12. San Miguel Food And Beverage's value of 16.03% is 161.9% above this industry median. Based on the distribution chart, San Miguel Food And Beverage ranks #238 out of 2032 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, San Miguel Food And Beverage has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel Food And Beverage's Earnings Yield (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, San Miguel Food And Beverage ranks #238 out of 2032 companies for Earnings Yield (Joel Greenblatt) %. This places San Miguel Food And Beverage in the top 12% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.12. San Miguel Food And Beverage's value of 16.03% is 161.9% above this benchmark. Historically, San Miguel Food And Beverage's own Earnings Yield (Joel Greenblatt) % has ranged from 6.07 to 98.16 over the past decade. While the company's 10-year median is 12.76 vs. the industry median of 6.12, San Miguel Food And Beverage has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 6.12, based on 2,032 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. San Miguel Food And Beverage's current Earnings Yield (Joel Greenblatt) % of 16.03% is 161.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on San Miguel Food And Beverage and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel Food And Beverage's current Earnings Yield (Joel Greenblatt) % is 16.03%, which is 26% above median its own 10-year median of 12.76. 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 ₱56.31, compared to a current price of ₱48.00 — trading 14.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 16.03%, which is 26% above median its 10-year median of 12.76 and 161.9% above the Consumer Packaged Goods industry median of 6.12. San Miguel Food And Beverage's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For San Miguel Food And Beverage (PHS:FB), the current Earnings Yield (Joel Greenblatt) % is 16.03% 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 ₱48.00 is trading 14.8% below its estimated GF Value™ of ₱56.31.
GuruFocus considers San Miguel Food And Beverage to be Modestly Undervalued.
Key valuation signals for PHS:FB:
Earnings Yield (Joel Greenblatt) %: 16.03% (26% above median its 10-year median of 12.76)
GF Value™: ₱56.31 vs. price of ₱48.00 (14.8% below fair value)
Industry Position: 161.9% above the Consumer Packaged Goods median (#238 of 2032)
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 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.
87GF Score
Get the complete analysis for PHS:FB
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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