San Miguel Food And Beverage (PHS:FB) Pretax Margin %: 14.83% (As of Mar. 2026) — Near 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 Pretax Margin %?

San Miguel Food And Beverage PHS:FB -0.30% 85 Pretax Margin % is 14.83% as of Mar. 2026, which is 6% above its 10-year median of 13.96. 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 82.79% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. San Miguel Food And Beverage's Pre-Tax Income for the three months ended in Mar. 2026 was ₱15,289 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 pretax margin for the quarter that ended in Mar. 2026 was 14.83%.

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

PHS:FB' s Pretax Margin % Range Over the Past 10 Years
Min: 11.38   Med: 13.96   Max: 15.84
Current: 14.44


PHS:FB's Pretax Margin % is ranked better than
82.79% of 1952 companies
in the Consumer Packaged Goods industry
Industry Median: 4.665 vs PHS:FB: 14.44

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

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


San Miguel Food And Beverage Pretax Margin % Related Terms


San Miguel Food And Beverage Pretax Margin % Historical Data

* Premium members only.

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

San Miguel Food And Beverage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 12.75 13.13 13.39 14.53

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
Pretax 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 15.23 14.45 14.12 14.38 14.83

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

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

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

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


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

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

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

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=60908/419060
=14.53 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=15289/103102
=14.83 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 14.83% mean?
San Miguel Food And Beverage (PHS:FB) has a Pretax Margin % of 14.83% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on San Miguel Food And Beverage and its competitors. This is near median its historical median of 13.96. Over the past decade, San Miguel Food And Beverage's Pretax Margin % has ranged from 11.38 to 15.84. According to the industry distribution chart, San Miguel Food And Beverage ranks #336 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 17.2%.
Is San Miguel Food And Beverage's Pretax Margin % too high?
San Miguel Food And Beverage's current Pretax Margin % of 14.83% is near median its 10-year median of 13.96. Over the past 10 years, this metric has ranged from a low of 11.38 to a high of 15.84. The Consumer Packaged Goods industry median Pretax Margin % is 4.67. San Miguel Food And Beverage's value of 14.83% is 217.9% above this industry median. Based on the distribution chart, San Miguel Food And Beverage ranks #336 out of 1952 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 Pretax Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, San Miguel Food And Beverage ranks #336 out of 1952 companies for Pretax Margin %. This places San Miguel Food And Beverage in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.67. San Miguel Food And Beverage's value of 14.83% is 217.9% above this benchmark. Historically, San Miguel Food And Beverage's own Pretax Margin % has ranged from 11.38 to 15.84 over the past decade. While the company's 10-year median is 13.96 vs. the industry median of 4.67, 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 Pretax Margin % for a Consumer Packaged Goods company?
The median Pretax Margin % among Consumer Packaged Goods companies is 4.67, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax 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 Pretax Margin % of 14.83% is 217.9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on San Miguel Food And Beverage and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel Food And Beverage's current Pretax Margin % is 14.83%, which is near median its own 10-year median of 13.96. 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 Pretax Margin % is 14.83%, which is near median its 10-year median of 13.96 and 217.9% above the Consumer Packaged Goods industry median of 4.67. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For San Miguel Food And Beverage (PHS:FB), the current Pretax Margin % is 14.83% 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:

  • Pretax Margin %: 14.83% (near median its 10-year median of 13.96)
  • GF Value™: ₱56.17 vs. price of ₱49.95 (11.1% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 217.9% above the Consumer Packaged Goods median (#336 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

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

₱49.95
Price
₱56.17
GF Value