San Miguel (PHS:SMC) EV-to-EBIT: 10.05 (As of Jul. 13, 2026) — Near Median


PHS:SMC San Miguel Corp PHS:SMC
76 GF Score
Price ₱65.00
GF Value ₱82.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is San Miguel EV-to-EBIT?

San Miguel PHS:SMC 76 EV-to-EBIT is 10.05 as of Jul. 13, 2026, which is 9% below its 10-year median of 11.01. GuruFocus rates PHS:SMC with a GF Score™ of 76/100 and a GF Value™ of ₱82.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 458 Conglomerates companies, San Miguel ranks better than 59.39% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, San Miguel's Enterprise Value is ₱1,886,937 Mil. San Miguel's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱187,756 Mil. Therefore, San Miguel's EV-to-EBIT for today is 10.05.

The historical rank and industry rank for San Miguel's EV-to-EBIT or its related term are showing as below:

PHS:SMC' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.19   Med: 11.01   Max: 18.59
Current: 10.05

During the past 13 years, the highest EV-to-EBIT of San Miguel was 18.59. The lowest was 8.19. And the median was 11.01.

PHS:SMC's EV-to-EBIT is ranked better than
59.39% of 458 companies
in the Conglomerates industry
Industry Median: 11.72 vs PHS:SMC: 10.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. San Miguel's Enterprise Value for the quarter that ended in Mar. 2026 was ₱1,903,148 Mil. San Miguel's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱187,756 Mil. San Miguel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.87%.


San Miguel  (PHS:SMC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

San Miguel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=187756/1903147.8046
=9.87 %

San Miguel's Enterprise Value for the quarter that ended in Mar. 2026 was ₱1,903,148 Mil.
San Miguel'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 ₱187,756 Mil.

* 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 EV-to-EBIT Related Terms


San Miguel EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for San Miguel's EV-to-EBIT 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 EV-to-EBIT Chart

San Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.21 18.00 11.54 12.32 8.85

San Miguel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 9.34 8.26 9.30 8.85 10.14

PHS:SMC vs HON, MMM: EV-to-EBIT Comparison

For the Conglomerates subindustry, San Miguel's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where San Miguel's EV-to-EBIT falls into.


PHS:SMC
76GF Score
San Miguel Corp PHS:SMC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San Miguel EV-to-EBIT Calculation

San Miguel's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1886937.278/187756
=10.05

San Miguel's current Enterprise Value is ₱1,886,937 Mil.
San Miguel'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 ₱187,756 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 10.05 mean?
San Miguel (PHS:SMC) has a EV-to-EBIT of 10.05 as of Jul. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on San Miguel and its competitors. This is near median its historical median of 11.01. Over the past decade, San Miguel's EV-to-EBIT has ranged from 8.19 to 18.59. According to the industry distribution chart, San Miguel ranks #186 out of 458 companies in the Conglomerates industry, placing it in the top 40.6%.
Is San Miguel's EV-to-EBIT too high?
San Miguel's current EV-to-EBIT of 10.05 is near median its 10-year median of 11.01. Over the past 10 years, this metric has ranged from a low of 8.19 to a high of 18.59. The Conglomerates industry median EV-to-EBIT is 11.72. San Miguel's value of 10.05 is 14.2% below this industry median. Based on the distribution chart, San Miguel ranks #186 out of 458 companies in the Conglomerates industry, which is above the industry midpoint. Overall, San Miguel has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel's EV-to-EBIT compare to HON and MMM?
According to the Conglomerates industry distribution chart, San Miguel ranks #186 out of 458 companies for EV-to-EBIT. This puts San Miguel in the upper half of its industry. The industry median EV-to-EBIT is 11.72. San Miguel's value of 10.05 is 14.2% below this benchmark. Historically, San Miguel's own EV-to-EBIT has ranged from 8.19 to 18.59 over the past decade. While the company's 10-year median is 11.01 vs. the industry median of 11.72, San Miguel has consistently been below 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 EV-to-EBIT for a Conglomerates company?
The median EV-to-EBIT among Conglomerates companies is 11.72, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. San Miguel's current EV-to-EBIT of 10.05 is 14.2% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on San Miguel and its competitors. For the Conglomerates industry, the median EV-to-EBIT is 11.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel's current EV-to-EBIT is 10.05, which is near median its own 10-year median of 11.01. 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 Modestly Undervalued. The stock's GF Value™ is ₱82.74, compared to a current price of ₱65.00 — trading 21.4% below its estimated fair value. The current EV-to-EBIT is 10.05, which is near median its 10-year median of 11.01 and 14.2% below the Conglomerates industry median of 11.72. San Miguel's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For San Miguel (PHS:SMC), the current EV-to-EBIT is 10.05 as of Jul. 13, 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 ₱65.00 is trading 21.4% below its estimated GF Value™ of ₱82.74. GuruFocus considers San Miguel to be Modestly Undervalued.

Key valuation signals for PHS:SMC:

  • EV-to-EBIT: 10.05 (near median its 10-year median of 11.01)
  • GF Value™: ₱82.74 vs. price of ₱65.00 (21.4% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 14.2% below the Conglomerates median (#186 of 458)

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 Business Description

Address No. 40 San Miguel Avenue, P.O. Box 271, Manila Central Post Office, Metro Manila, Mandaluyong, PHL, 1550
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.
76GF Score

Get the complete analysis for PHS:SMC

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱65.00
Price
₱82.74
GF Value