San Miguel (PHS:SMC) Other Operating Expense: ₱67,185 Mil (TTM As of Mar. 2026)


PHS:SMC San Miguel Corp PHS:SMC
75 GF Score
Price ₱67.25
GF Value ₱82.75
Valuation Modestly Undervalued
! 5 Warning Signs
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What is San Miguel Other Operating Expense?

San Miguel PHS:SMC -0.52% 75 Other Operating Expense is ₱67,185 Mil as of Mar. 2026. GuruFocus rates PHS:SMC with a GF Score™ of 75/100 and a GF Value™ of ₱82.75 (Modestly Undervalued). The stock has 5 warning signs investors should review.

San Miguel's Other Operating Expense for the three months ended in Mar. 2026 was ₱0 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₱67,185 Mil.

San Miguel's quarterly Other Operating Expense increased from Sep. 2025 (₱0 Mil) to Dec. 2025 (₱67,185 Mil) but then declined from Dec. 2025 (₱67,185 Mil) to Mar. 2026 (₱0 Mil).

San Miguel's annual Other Operating Expense increased from Dec. 2023 (₱56,703 Mil) to Dec. 2024 (₱61,219 Mil) and increased from Dec. 2024 (₱61,219 Mil) to Dec. 2025 (₱67,117 Mil).

San Miguel Other Operating Expense Historical Data

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The historical data trend for San Miguel's Other Operating Expense 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 Other Operating Expense Chart

San Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51,979.00 51,490.00 56,703.00 61,219.00 67,117.00

San Miguel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense 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 0.00 0.00 0.00 67,185.00 0.00
PHS:SMC
75GF Score
San Miguel Corp PHS:SMC
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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San Miguel Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 ₱67,185 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.

What does a Other Operating Expense of ₱67,185 Mil mean?
San Miguel (PHS:SMC) has a Other Operating Expense of ₱67,185 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on San Miguel and its competitors.
Is San Miguel's Other Operating Expense too high?
San Miguel's current Other Operating Expense is ₱67,185 Mil. Overall, San Miguel has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel's Other Operating Expense compare to HON and MMM?
San Miguel's Other Operating Expense of ₱67,185 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Conglomerates company?
A good Other Operating Expense depends on the Conglomerates industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on San Miguel and its competitors. San Miguel's current Other Operating Expense is ₱67,185 Mil. 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 ₱82.75, compared to a current price of ₱67.25 — trading 18.7% below its estimated fair value. The current Other Operating Expense is ₱67,185 Mil. San Miguel's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For San Miguel (PHS:SMC), the current Other Operating Expense is ₱67,185 Mil 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 (PHS:SMC) Overvalued in 2026?

Based on GuruFocus' analysis, San Miguel stock appears to be undervalued. The current stock price of ₱67.25 is trading 18.7% below its estimated GF Value™ of ₱82.75. GuruFocus considers San Miguel to be Modestly Undervalued.

Key valuation signals for PHS:SMC:

  • Other Operating Expense: ₱67,185 Mil
  • GF Value™: ₱82.75 vs. price of ₱67.25 (18.7% below fair value)
  • GF Score™: 75/100 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.
75GF Score

Get the complete analysis for PHS:SMC

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

₱67.25
Price
₱82.75
GF Value