San Miguel Food And BeveragePHS:FB -0.30%85 ROE % is 23.92% as of Mar. 2026, which is 6% above its 10-year median of 22.57. 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 1,916 Consumer Packaged Goods companies, San Miguel Food And Beverage ranks better than 89.35% on this metric.
The historical rank and industry rank for San Miguel Food And Beverage's ROE % or its related term are showing as below:
PHS:FB'
s ROE % Range Over the Past 10 Years
Min: 14.06 Med: 22.57 Max: 37.49
Current: 24.02
During the past 13 years, San Miguel Food And Beverage's highest ROE % was 37.49%. The lowest was 14.06%. And the median was 22.57%.
PHS:FB's ROE % is ranked better than 89.35% of 1916
companies
in the Consumer Packaged Goods industry
Industry Median: 6.72
vs PHS:FB: 24.02
San Miguel Food And Beverage (PHS:FB) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
San Miguel Food And Beverage ROE % Related Terms
San Miguel Food And Beverage ROE % 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.
For the Packaged Foods subindustry, San Miguel Food And Beverage's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, San Miguel Food And Beverage's ROE % distribution charts can be found below:
* The bar in red indicates where San Miguel Food And Beverage's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
San Miguel Food And Beverage (PHS:FB) has a ROE % of 23.92% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on San Miguel Food And Beverage and its competitors. This is near median its historical median of 22.57. Over the past decade, San Miguel Food And Beverage's ROE % has ranged from 14.06 to 37.49. According to the industry distribution chart, San Miguel Food And Beverage ranks #204 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 10.6%.
Is San Miguel Food And Beverage's ROE % too high?
San Miguel Food And Beverage's current ROE % of 23.92% is near median its 10-year median of 22.57. Over the past 10 years, this metric has ranged from a low of 14.06 to a high of 37.49. The Consumer Packaged Goods industry median ROE % is 6.72. San Miguel Food And Beverage's value of 23.92% is 256% above this industry median. Based on the distribution chart, San Miguel Food And Beverage ranks #204 out of 1916 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 ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, San Miguel Food And Beverage ranks #204 out of 1916 companies for ROE %. This places San Miguel Food And Beverage in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. San Miguel Food And Beverage's value of 23.92% is 256% above this benchmark. Historically, San Miguel Food And Beverage's own ROE % has ranged from 14.06 to 37.49 over the past decade. While the company's 10-year median is 22.57 vs. the industry median of 6.72, 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. San Miguel Food And Beverage's current ROE % of 23.92% is 256% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on San Miguel Food And Beverage and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel Food And Beverage's current ROE % is 23.92%, which is near median its own 10-year median of 22.57. 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 ROE % is 23.92%, which is near median its 10-year median of 22.57 and 256% above the Consumer Packaged Goods industry median of 6.72. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For San Miguel Food And Beverage (PHS:FB), the current ROE % is 23.92% 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:
ROE %: 23.92% (near median its 10-year median of 22.57)
GF Value™: ₱56.17 vs. price of ₱49.95 (11.1% below fair value)
Industry Position: 256% above the Consumer Packaged Goods median (#204 of 1916)
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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