SMGBF (San Miguel) OCF Margin %: 12.06% (As of Mar. 2026) — 76% Above Median


SMGBF San Miguel Corp SMGBF
68 GF Score
Price $1.05
GF Value $1.21
Valuation Modestly Undervalued
! 5 Warning Signs
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What is San Miguel OCF Margin %?

San Miguel SMGBF +19.32% 68 OCF Margin % is 12.06% as of Mar. 2026, which is 76% above its 10-year median of 6.87. GuruFocus rates SMGBF with a GF Score™ of 68/100 and a GF Value™ of $1.21 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 547 Conglomerates companies, San Miguel ranks better than 67.64% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. San Miguel's Cash Flow from Operations for the three months ended in Mar. 2026 was $844 Mil. San Miguel's Revenue for the three months ended in Mar. 2026 was $6,999 Mil. Therefore, San Miguel's OCF Margin % for the quarter that ended in Mar. 2026 was 12.06%.

As of today, San Miguel's current OCF Yield % is 93.31%.

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

SMGBF' s OCF Margin % Range Over the Past 10 Years
Min: -0.82   Med: 6.87   Max: 11.56
Current: 11.81


During the past 13 years, the highest OCF Margin % of San Miguel was 11.56%. The lowest was -0.82%. And the median was 6.87%.

SMGBF's OCF Margin % is ranked better than
67.64% of 547 companies
in the Conglomerates industry
Industry Median: 7.14 vs SMGBF: 11.81


San Miguel OCF Margin % Related Terms


San Miguel OCF Margin % Historical Data

* Premium members only.

The historical data trend for San Miguel's OCF 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 OCF Margin % Chart

San Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 -0.82 5.74 6.45 10.58

San Miguel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF 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 7.04 9.18 13.04 12.76 12.06

SMGBF vs HON, MMM: OCF Margin % Comparison

For the Conglomerates subindustry, San Miguel's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's OCF Margin % distribution charts can be found below:

* The bar in red indicates where San Miguel's OCF Margin % falls into.


SMGBF
68GF Score
San Miguel Corp SMGBF
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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San Miguel OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

San Miguel's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2568.128/24271.334
=10.58 %

San Miguel's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=844.119/6998.995
=12.06 %

* 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 OCF Margin % →
What does a OCF Margin % of 12.06% mean?
San Miguel (SMGBF) has a OCF Margin % of 12.06% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on San Miguel and its competitors. This is 76% above median its historical median of 6.87. According to the industry distribution chart, San Miguel ranks #177 out of 547 companies in the Conglomerates industry, placing it in the top 32.4%.
Is San Miguel's OCF Margin % too high?
San Miguel's current OCF Margin % of 12.06% is 76% above median its 10-year median of 6.87. The Conglomerates industry median OCF Margin % is 7.14. San Miguel's value of 12.06% is 68.9% above this industry median. Based on the distribution chart, San Miguel ranks #177 out of 547 companies in the Conglomerates industry, which is above the industry midpoint. Overall, San Miguel has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel's OCF Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, San Miguel ranks #177 out of 547 companies for OCF Margin %. This puts San Miguel in the upper half of its industry. The industry median OCF Margin % is 7.14. San Miguel's value of 12.06% is 68.9% above this benchmark. While the company's 10-year median is 6.87 vs. the industry median of 7.14, San Miguel 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 OCF Margin % for a Conglomerates company?
The median OCF Margin % among Conglomerates companies is 7.14, based on 547 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. San Miguel's current OCF Margin % of 12.06% is 68.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on San Miguel and its competitors. For the Conglomerates industry, the median OCF Margin % is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel's current OCF Margin % is 12.06%, which is 76% above median its own 10-year median of 6.87. 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 (SMGBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.21, compared to a current price of $1.05 — trading 13.2% below its estimated fair value. The current OCF Margin % is 12.06%, which is 76% above median its 10-year median of 6.87 and 68.9% above the Conglomerates industry median of 7.14. San Miguel's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For San Miguel (SMGBF), the current OCF Margin % is 12.06% 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 (SMGBF) Overvalued in 2026?

Based on GuruFocus' analysis, San Miguel stock appears to be undervalued. The current stock price of $1.05 is trading 13.2% below its estimated GF Value™ of $1.21. GuruFocus considers San Miguel to be Modestly Undervalued.

Key valuation signals for SMGBF:

  • OCF Margin %: 12.06% (76% above median its 10-year median of 6.87)
  • GF Value™: $1.21 vs. price of $1.05 (13.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 68.9% above the Conglomerates median (#177 of 547)

No single metric tells the full story. See the SMGBF 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.
68GF Score

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

$1.05
Price
$1.21
GF Value