SM InvestmentsPHS:SM +2.41%94 EV-to-FCF is 13.43 as of Jul. 04, 2026, which is 50% below its 10-year median of 27.05. GuruFocus rates PHS:SM with a GF Score™ of 94/100 and a GF Value™ of ₱946.76 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 773 Retail - Cyclical companies, SM Investments ranks better than 50.71% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, SM Investments's Enterprise Value is ₱1,428,802 Mil.
SM Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₱106,393 Mil. Therefore, SM Investments's EV-to-FCF for today is 13.43.
The historical rank and industry rank for SM Investments's EV-to-FCF or its related term are showing as below:
PHS:SM'
s EV-to-FCF Range Over the Past 10 Years
Min: 13.18 Med: 27.05 Max: 56.35
Current: 13.45
During the past 13 years, the highest EV-to-FCF of SM Investments was 56.35. The lowest was 13.18. And the median was 27.05.
PHS:SM's EV-to-FCF is ranked better than 50.71% of 773
companies
in the Retail - Cyclical industry
Industry Median: 13.75
vs PHS:SM: 13.45
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
SM Investments's PE Ratio (TTM) for today is calculated as:
SM Investments's share price for today is ₱595.00.
SM Investments's Earnings per Share (Diluted) 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 ₱75.470.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
SM Investments EV-to-FCF Related Terms
SM Investments EV-to-FCF Historical Data
* Premium members only.
The historical data trend for SM Investments's EV-to-FCF 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.
For the Department Stores subindustry, SM Investments's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
SM Investments EV-to-FCF vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, SM Investments's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where SM Investments's EV-to-FCF falls into.
SM Investments's current Enterprise Value is ₱1,428,802 Mil.
SM Investments's Free Cash Flow 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 ₱106,393 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.
SM Investments (PHS:SM) has a EV-to-FCF of 13.43 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on SM Investments and its competitors. This is 50% below median its historical median of 27.05. Over the past decade, SM Investments' EV-to-FCF has ranged from 13.18 to 56.35. According to the industry distribution chart, SM Investments ranks #381 out of 773 companies in the Retail - Cyclical industry, placing it in the top 49.3%.
Is SM Investments' EV-to-FCF too high?
SM Investments' current EV-to-FCF of 13.43 is 50% below median its 10-year median of 27.05. Over the past 10 years, this metric has ranged from a low of 13.18 to a high of 56.35. The Retail - Cyclical industry median EV-to-FCF is 13.75. SM Investments' value of 13.43 is 2.3% below this industry median. Based on the distribution chart, SM Investments ranks #381 out of 773 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, SM Investments has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Investments' EV-to-FCF compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, SM Investments ranks #381 out of 773 companies for EV-to-FCF. This puts SM Investments in the upper half of its industry. The industry median EV-to-FCF is 13.75. SM Investments' value of 13.43 is 2.3% below this benchmark. Historically, SM Investments' own EV-to-FCF has ranged from 13.18 to 56.35 over the past decade. While the company's 10-year median is 27.05 vs. the industry median of 13.75, SM Investments 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-FCF for a Retail - Cyclical company?
The median EV-to-FCF among Retail - Cyclical companies is 13.75, based on 773 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SM Investments's current EV-to-FCF of 13.43 is 2.3% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on SM Investments and its competitors. For the Retail - Cyclical industry, the median EV-to-FCF is 13.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SM Investments's current EV-to-FCF is 13.43, which is 50% below median its own 10-year median of 27.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Investments stock overvalued right now?
Based on GuruFocus' analysis, SM Investments (PHS:SM) is currently considered Possible Value Trap. The stock's GF Value™ is ₱946.76, compared to a current price of ₱595.00 — trading 37.2% below its estimated fair value. The current EV-to-FCF is 13.43, which is 50% below median its 10-year median of 27.05 and 2.3% below the Retail - Cyclical industry median of 13.75. SM Investments' overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For SM Investments (PHS:SM), the current EV-to-FCF is 13.43 as of Jul. 04, 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 SM Investments (PHS:SM) Overvalued in 2026?
Based on GuruFocus' analysis, SM Investments stock appears to be undervalued.
The current stock price of ₱595.00 is trading 37.2% below its estimated GF Value™ of ₱946.76.
GuruFocus considers SM Investments to be Possible Value Trap.
Key valuation signals for PHS:SM:
EV-to-FCF: 13.43 (50% below median its 10-year median of 27.05)
GF Value™: ₱946.76 vs. price of ₱595.00 (37.2% below fair value)
Industry Position: 2.3% below the Retail - Cyclical median (#381 of 773)
No single metric tells the full story. See the PHS:SM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Investments Corp is a Philippines conglomerate with operations in retail, banking, property, and Portfolio investments. The retail division operates department stores and food retail stores. The property division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM Banking provides financial services through BDO Unibank and China Banking Corporation. China Banking Corporation is servicing emerging companies and small- and medium-scale enterprises. BDO has diverse operations from credit cards, insurance, and leasing to investment banking, and asset management. The majority of its revenue comes from the retail segment that engages in the trading of merchandise such as dry goods, wearing apparel, and others.
94GF Score
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