San Miguel Food And BeveragePHS:FB -0.30%85 Operating Margin % is 15.26% as of Mar. 2026, which is 5% above its 10-year median of 14.49. 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 1,951 Consumer Packaged Goods companies, San Miguel Food And Beverage ranks better than 84.93% on this metric.
San Miguel Food And Beverage Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for San Miguel Food And Beverage's Operating Margin % or its related term are showing as below:
PHS:FB'
s Operating Margin % Range Over the Past 10 Years
Min: 12.28 Med: 14.49 Max: 17.06
Current: 14.56
PHS:FB's Operating Margin % is ranked better than 84.93% of 1951
companies
in the Consumer Packaged Goods industry
Industry Median: 5.26
vs PHS:FB: 14.56
San Miguel Food And Beverage (PHS:FB) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
San Miguel Food And Beverage Operating Margin % Related Terms
San Miguel Food And Beverage Operating Margin % Historical Data
* 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 Operating Margin % Chart
For the Packaged Foods subindustry, San Miguel Food And Beverage's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, San Miguel Food And Beverage's Operating Margin % distribution charts can be found below:
* The bar in red indicates where San Miguel Food And Beverage's Operating Margin % falls into.
San Miguel Food And Beverage Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
* 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 (PHS:FB) has a Operating Margin % of 15.26% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on San Miguel Food And Beverage and its competitors. This is near median its historical median of 14.49. Over the past decade, San Miguel Food And Beverage's Operating Margin % has ranged from 12.28 to 17.06. According to the industry distribution chart, San Miguel Food And Beverage ranks #294 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 15.1%.
Is San Miguel Food And Beverage's Operating Margin % too high?
San Miguel Food And Beverage's current Operating Margin % of 15.26% is near median its 10-year median of 14.49. Over the past 10 years, this metric has ranged from a low of 12.28 to a high of 17.06. The Consumer Packaged Goods industry median Operating Margin % is 5.26. San Miguel Food And Beverage's value of 15.26% is 190.1% above this industry median. Based on the distribution chart, San Miguel Food And Beverage ranks #294 out of 1951 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. 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 Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, San Miguel Food And Beverage ranks #294 out of 1951 companies for Operating Margin %. This places San Miguel Food And Beverage in the top 15% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.26. San Miguel Food And Beverage's value of 15.26% is 190.1% above this benchmark. Historically, San Miguel Food And Beverage's own Operating Margin % has ranged from 12.28 to 17.06 over the past decade. While the company's 10-year median is 14.49 vs. the industry median of 5.26, 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 Operating Margin % for a Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating 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 Operating Margin % of 15.26% is 190.1% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on San Miguel Food And Beverage and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel Food And Beverage's current Operating Margin % is 15.26%, which is near median its own 10-year median of 14.49. 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 Operating Margin % is 15.26%, which is near median its 10-year median of 14.49 and 190.1% above the Consumer Packaged Goods industry median of 5.26. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For San Miguel Food And Beverage (PHS:FB), the current Operating Margin % is 15.26% 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:
Operating Margin %: 15.26% (near median its 10-year median of 14.49)
GF Value™: ₱56.17 vs. price of ₱49.95 (11.1% below fair value)
Industry Position: 190.1% above the Consumer Packaged Goods median (#294 of 1951)
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 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
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