San Miguel Food And Beverage (PHS:FB) Net Margin %: 7.60% (As of Mar. 2026) — 19% Above Median


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 Net Margin %?

San Miguel Food And Beverage PHS:FB -0.30% 85 Net Margin % is 7.60% as of Mar. 2026, which is 19% above its 10-year median of 6.38. 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. Among 1,952 Consumer Packaged Goods companies, San Miguel Food And Beverage ranks better than 70.13% on this metric.

Net margin is calculated as Net Income divided by its Revenue. San Miguel Food And Beverage's Net Income for the three months ended in Mar. 2026 was ₱7,839 Mil. San Miguel Food And Beverage's Revenue for the three months ended in Mar. 2026 was ₱103,102 Mil. Therefore, San Miguel Food And Beverage's net margin for the quarter that ended in Mar. 2026 was 7.60%.

The historical rank and industry rank for San Miguel Food And Beverage's Net Margin % or its related term are showing as below:

PHS:FB' s Net Margin % Range Over the Past 10 Years
Min: 4.47   Med: 6.38   Max: 7.2
Current: 7.2


PHS:FB's Net Margin % is ranked better than
70.13% of 1952 companies
in the Consumer Packaged Goods industry
Industry Median: 3.495 vs PHS:FB: 7.20

San Miguel Food And Beverage  (PHS:FB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


San Miguel Food And Beverage Net Margin % Related Terms


San Miguel Food And Beverage Net Margin % Historical Data

* Premium members only.

The historical data trend for San Miguel Food And Beverage's Net Margin % 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 Net Margin % Chart

San Miguel Food And Beverage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.39 6.20 6.09 6.42 7.19

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
Net Margin % 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 7.59 7.27 7.02 6.92 7.60

PHS:FB vs KHC, GIS: Net Margin % Comparison

For the Packaged Foods subindustry, San Miguel Food And Beverage's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, San Miguel Food And Beverage's Net Margin % distribution charts can be found below:

* The bar in red indicates where San Miguel Food And Beverage's Net Margin % falls into.


PHS:FB
85GF Score
San Miguel Food And Beverage Inc PHS:FB
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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San Miguel Food And Beverage Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

San Miguel Food And Beverage's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=30128/419060
=7.19 %

San Miguel Food And Beverage's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=7839/103102
=7.60 %

* 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 Net Margin % →
What does a Net Margin % of 7.60% mean?
San Miguel Food And Beverage (PHS:FB) has a Net Margin % of 7.60% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on San Miguel Food And Beverage and its competitors. This is 19% above median its historical median of 6.38. Over the past decade, San Miguel Food And Beverage's Net Margin % has ranged from 4.47 to 7.20. According to the industry distribution chart, San Miguel Food And Beverage ranks #583 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 29.9%.
Is San Miguel Food And Beverage's Net Margin % too high?
San Miguel Food And Beverage's current Net Margin % of 7.60% is 19% above median its 10-year median of 6.38. Over the past 10 years, this metric has ranged from a low of 4.47 to a high of 7.20. The Consumer Packaged Goods industry median Net Margin % is 3.50. San Miguel Food And Beverage's value of 7.60% is 117.5% above this industry median. Based on the distribution chart, San Miguel Food And Beverage ranks #583 out of 1952 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. 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 Net Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, San Miguel Food And Beverage ranks #583 out of 1952 companies for Net Margin %. This puts San Miguel Food And Beverage in the upper half of its industry. The industry median Net Margin % is 3.50. San Miguel Food And Beverage's value of 7.60% is 117.5% above this benchmark. Historically, San Miguel Food And Beverage's own Net Margin % has ranged from 4.47 to 7.20 over the past decade. While the company's 10-year median is 6.38 vs. the industry median of 3.50, 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 Net Margin % for a Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. San Miguel Food And Beverage's current Net Margin % of 7.60% is 117.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on San Miguel Food And Beverage and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel Food And Beverage's current Net Margin % is 7.60%, which is 19% above median its own 10-year median of 6.38. 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 Net Margin % is 7.60%, which is 19% above median its 10-year median of 6.38 and 117.5% above the Consumer Packaged Goods industry median of 3.50. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For San Miguel Food And Beverage (PHS:FB), the current Net Margin % is 7.60% 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:

  • Net Margin %: 7.60% (19% above median its 10-year median of 6.38)
  • GF Value™: ₱56.17 vs. price of ₱49.95 (11.1% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 117.5% above the Consumer Packaged Goods median (#583 of 1952)

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

Get the complete analysis for PHS:FB

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

₱49.95
Price
₱56.17
GF Value