San Miguel (PHS:SMC) Moat Score: 6/10 (As of Jun. 27, 2026)


PHS:SMC San Miguel Corp PHS:SMC
74 GF Score
Price ₱69.25
GF Value ₱82.76
Valuation Modestly Undervalued
! 5 Warning Signs
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What is San Miguel Moat Score?

San Miguel PHS:SMC +0.87% 74 Moat Score is 6 as of Jun. 27, 2026. GuruFocus rates PHS:SMC with a GF Score™ of 74/100 and a GF Value™ of ₱82.76 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 619 Conglomerates companies, San Miguel ranks better than 97.9% on this metric.

San Miguel has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

San Miguel has Narrow Moat: San Miguel Corp has a strong narrow moat due to its market leadership in the Philippines, significant brand strength, and economies of scale in its diversified operations. However, it lacks the global dominance and regulatory barriers needed for a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes San Miguel might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

San Miguel  (PHS:SMC) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

San Miguel Moat Score Related Terms

PHS:SMC vs HON, MMM: Moat Score Comparison

For the Conglomerates subindustry, San Miguel's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Moat Score distribution charts can be found below:

* The bar in red indicates where San Miguel's Moat Score falls into.


PHS:SMC
74GF Score
San Miguel Corp PHS:SMC
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
San Miguel (PHS:SMC) has a Moat Score of 6 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, San Miguel ranks #13 out of 619 companies in the Conglomerates industry, placing it in the top 2.1%.
Is San Miguel's Moat Score too high?
San Miguel's current Moat Score is 6. Based on the distribution chart, San Miguel ranks #13 out of 619 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, San Miguel has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel's Moat Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, San Miguel ranks #13 out of 619 companies for Moat Score. This places San Miguel in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Conglomerates company?
A good Moat Score depends on the Conglomerates industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. San Miguel's current Moat Score is 6. 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 ₱82.76, compared to a current price of ₱69.25 — trading 16.3% below its estimated fair value. The current Moat Score is 6. San Miguel's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For San Miguel (PHS:SMC), the current Moat Score is 6 as of Jun. 27, 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 ₱69.25 is trading 16.3% below its estimated GF Value™ of ₱82.76. GuruFocus considers San Miguel to be Modestly Undervalued.

Key valuation signals for PHS:SMC:

  • Moat Score: 6
  • GF Value™: ₱82.76 vs. price of ₱69.25 (16.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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.
74GF Score

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

₱69.25
Price
₱82.76
GF Value