Normal distribution with the same average and spread
FY ended Dec 31, 2025 · figures in Php (In Millions) except per-share rows
| Item | Current | Previous |
|---|---|---|
| Current assets | 882,942 | 900,434 |
| Total assets | 2,726,160 | 2,676,930 |
| Current liabilities | 715,287 | 736,915 |
| Total liabilities | 1,978,820 | 2,000,489 |
| Retained earnings/(deficit) | 215,321 | 169,262 |
| Stockholders' equity | 747,340 | 676,441 |
| Stockholders' equity (parent) | 323,381 | 282,507 |
| Book value per share | ₱90.11 | ₱61.62 |
| Item | Current | Previous |
|---|---|---|
| Gross revenue | 1,485,345(-5.7%) | 1,575,379 |
| Gross expense | 1,303,759 | 1,414,563 |
| Income/(loss) before tax | 124,173 | 64,167 |
| Net income/(loss) after tax | 94,678(+158.2%) | 36,675 |
| Net income/(loss), parent | 41,291 | -7,411 |
| EPS (basic) | ₱13.65 | ₱-7.10 |
| EPS (diluted) | ₱13.65 | ₱-7.10 |
San Miguel Corporation (SMC) was originally founded in 1890 as a single brewery in the Philippines and was incorporated on August 21, 1913. The Company has since then transformed itself from a beverage, food and packaging business into a diversified conglomerate with businesses in fuel and oil, energy, infrastructure, and real estate industries.
The Company's product portfolio includes beer; spirits; non-alcoholic beverages; poultry; animal feeds; flour; fresh and processed meats; dairy products; coffee; various packaging products; a range of refined petroleum products; and cement.
SMC has strategic partnerships with international companies, among them are Kirin Holdings Company Limited for beer; Hormel Foods International Corporation for processed meats; Korea-Water Resources Corporation for the power business; and Nihon Yamamura Glass Co. Ltd. and Fuso Machine & Mold Manufacturing Co. Ltd., for packaging products.
The Company's subsidiaries include San Miguel Food and Beverage, Inc.; San Miguel Yamamura Packaging Corporation; San Miguel Global Power Holdings Corp.; SEA Refinery Corporation; San Miguel Holdings Corp.; and San Miguel Properties, Inc.
San Miguel Corporation, abbreviated as SMC, is a Philippine multinational conglomerate with headquarters in Mandaluyong, Metro Manila. The company is one of the largest and most diversified conglomerates in the Philippines. Originally founded in 1890 as a brewery, San Miguel has ventured beyond its core business, with investments in various sectors such as food and drink, finance, infrastructure, oil and energy, transportation, and real estate.
San Miguel Corporation on Wikipedia →TTM total
₱1.40
YoY growth
+300.0%
Average % return by calendar month, up to 5 yearsof history. Only a few years back each month, so this is descriptive color, not a predictable “month effect.”
San Miguel Corporation (PSE: SMC) last traded at ₱62.00, up 0.08% on the day, as of Sep 10, 2026. Prices on this page are delayed or end-of-day, not real time.
San Miguel Corporation trades on the Philippine Stock Exchange under the ticker symbol SMC.
SMC is listed in the Holding Firms sector of the Philippine Stock Exchange, where it ranks #6 of 31 by market capitalization. Across the whole exchange it is #21 of 282, at ₱147.7B.
SMC has traded between ₱56.60 and ₱85.95 over the past 52 weeks. It is currently 27.9% below that high.
SMC's annualized volatility over the past year is 26.0%, which PSEye classifies as moderate against other PSE-listed stocks. Higher volatility means bigger day-to-day price swings in either direction, not necessarily a worse outcome. See the Analytics panel above for the full risk profile.
SMC trades at a price-to-earnings ratio of 4.5 and a price-to-book of 0.69, based on basic earnings per share from its latest annual filing (fiscal year ended Dec 31, 2025). Annual figures can be up to a year old, so this is not a trailing-twelve-month multiple.
PSEye doesn't label any stock overvalued or undervalued. SMC currently trades at a P/E of 4.5 and a P/B of 0.69, but whether that's cheap or expensive depends on the sector, growth prospects, and what comparable companies trade at, none of which a ratio alone can tell you. For comparison, Holding Firms peers with a computable ratio trade at a sector median P/E of 3.9 and a sector median P/B of 0.56 (22 peers). The Sector peers panel above lists 10 similarly-sized Holding Firms companies to compare against directly.
Yes. SMC has paid 4 cash dividends in the last twelve months, totalling ₱1.40 per share, a trailing yield of 2.26% at the current price. Cash dividends have a 10% final withholding tax deducted before they reach your account.
In its latest annual filing (fiscal year ended Dec 31, 2025), SMC's revenue fell 5.7% and net income grew 158.2% versus the prior fiscal year. That's one year-over-year comparison, not a multi-year trend, so check the Balance sheet & income statement panel above for the full figures before drawing a conclusion.
PSEye doesn't rate stocks as good or bad buys. What this page can tell you is factual: where SMC ranks by market cap (#21 of 282 on the exchange), its price history, valuation ratios, dividend record and recent company disclosures, all shown above. Whether that adds up to a good stock depends on your own criteria, and is worth researching beyond any single page, including this one.
PSEye is a data tracker, not a financial advisor, so it can't tell you whether to invest in SMC or any other stock. The price, valuation, dividend and disclosure data on this page is meant to help you do your own research. Consider your own goals, risk tolerance and time horizon, and consult a licensed financial advisor before making an investment decision. If you're weighing a fixed, regular investment instead of a single lump sum, PSEye's DCA calculator shows how that strategy would have performed historically.
To buy SMC shares, open an account with a PSE-accredited stockbroker (most Philippine banks and several standalone brokers offer online trading accounts), fund it, and place a buy order using the ticker symbol SMC. A completed trade typically settles two trading days later (T+2). PSEye doesn't process trades or recommend a specific broker.
Delayed/EOD data, not real-time. Figures are statistics on past closing prices, not a forecast.