San Miguel Pure Foods Company Inc
San Miguel Pure Foods Company Inc operates in Packaged Foods & Meats.
San Miguel Pure Foods Company Inc (FB) - Net Assets
Latest net assets as of June 2023: ₱109.20 Billion PHP
Based on the latest financial reports, San Miguel Pure Foods Company Inc (FB) has net assets worth ₱109.20 Billion PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱341.44 Billion) and total liabilities (₱232.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₱109.20 Billion |
| % of Total Assets | 31.98% |
| Annual Growth Rate | 16.49% |
| 5-Year Change | 17.91% |
| 10-Year Change | N/A |
| Growth Volatility | 32.63 |
San Miguel Pure Foods Company Inc - Net Assets Trend (2016–2022)
This chart illustrates how San Miguel Pure Foods Company Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for San Miguel Pure Foods Company Inc (2016–2022)
The table below shows the annual net assets of San Miguel Pure Foods Company Inc from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱103.29 Billion | +10.54% |
| 2021-12-31 | ₱93.44 Billion | +13.39% |
| 2020-12-31 | ₱82.41 Billion | -13.34% |
| 2019-12-31 | ₱95.09 Billion | +8.56% |
| 2018-12-31 | ₱87.59 Billion | +11.33% |
| 2017-12-31 | ₱78.68 Billion | +90.28% |
| 2016-12-31 | ₱41.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to San Miguel Pure Foods Company Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 359.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱89.23 Billion | 86.39% |
| Common Stock | ₱5.95 Billion | 5.76% |
| Other Components | ₱8.11 Billion | 7.85% |
| Total Equity | ₱103.29 Billion | 100.00% |
San Miguel Pure Foods Company Inc Competitors by Market Cap
The table below lists competitors of San Miguel Pure Foods Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinyoung Co. Ltd.
KO:285800
|
$8.71K |
|
Carr's Group plc
LSE:CARR
|
$8.72K |
|
VGS
VN:VGS
|
$8.72K |
|
Technomeca Aerospace S.A.
MC:TQT
|
$8.72K |
|
Chi Cheng Enterprise Co., Ltd.
TWO:3095
|
$8.70K |
|
Linde Pakistan Ltd
KAR:PAKOXY
|
$8.69K |
|
Delic Holdings Inc
PINK:DELCF
|
$8.68K |
|
AtomTrace a.s.
PR:ATOMT
|
$8.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in San Miguel Pure Foods Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 93,437,000,000 to 103,286,000,000, a change of 9,849,000,000 (10.5%).
- Net income of 22,263,000,000 contributed positively to equity growth.
- Dividend payments of 21,370,000,000 reduced retained earnings.
- Other factors increased equity by 8,956,000,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱22.26 Billion | +21.55% |
| Dividends Paid | ₱21.37 Billion | -20.69% |
| Other Changes | ₱8.96 Billion | +8.67% |
| Total Change | ₱- | 10.54% |
Book Value vs Market Value Analysis
This analysis compares San Miguel Pure Foods Company Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.11x to 3.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱24.81 | ₱52.35 | x |
| 2017-12-31 | ₱13.32 | ₱52.35 | x |
| 2018-12-31 | ₱14.82 | ₱52.35 | x |
| 2019-12-31 | ₱16.09 | ₱52.35 | x |
| 2020-12-31 | ₱13.95 | ₱52.35 | x |
| 2021-12-31 | ₱15.81 | ₱52.35 | x |
| 2022-12-31 | ₱17.48 | ₱52.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently San Miguel Pure Foods Company Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.20%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 3.29x
- Recent ROE (21.55%) is above the historical average (19.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 13.74% | 5.09% | 1.67x | 1.62x | ₱1.55 Billion |
| 2017 | 21.99% | 6.88% | 1.23x | 2.61x | ₱9.44 Billion |
| 2018 | 20.83% | 6.37% | 1.20x | 2.72x | ₱9.49 Billion |
| 2019 | 19.22% | 5.88% | 1.17x | 2.80x | ₱8.77 Billion |
| 2020 | 15.14% | 4.47% | 1.01x | 3.35x | ₱4.24 Billion |
| 2021 | 21.18% | 6.39% | 1.04x | 3.19x | ₱10.45 Billion |
| 2022 | 21.55% | 6.20% | 1.06x | 3.29x | ₱11.93 Billion |
Industry Comparison
This section compares San Miguel Pure Foods Company Inc's net assets metrics with peer companies in the Food & Tobacco industry.
Industry Context
- Industry: Food & Tobacco
- Average net assets among peers: $4,994,930,992
- Average return on equity (ROE) among peers: 0.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| San Miguel Pure Foods Company Inc (FB) | ₱109.20 Billion | 13.74% | 2.13x | $8.70K |
| AgriNurture Inc (ANI) | $718.07 Million | -21.61% | 2.26x | $85.23 |
| Axelum Resources Corp (AXLM) | $4.65 Billion | 7.85% | 0.64x | $314.28 |
| Central Azucarera de Tarlac Inc (CAT) | $3.84 Billion | 15.20% | 0.55x | $1.63K |
| Century Pacific Food Inc (CNPF) | $19.15 Billion | 16.44% | 0.70x | $5.61K |
| Del Monte Pacific Ltd (DELM) | $559.20 Million | -6.53% | 3.49x | $921.59 |
| Alliance Select Foods International Inc (FOOD) | $22.22 Million | -5.72% | 0.71x | $65.55 |
| Liberty Flour Mills Inc (LFM) | $2.52 Billion | -4.44% | 0.82x | $5.19K |
| RFM Corp (RFM) | $13.42 Billion | 7.96% | 0.55x | $872.23 |
| Swift Foods Inc (SFI) | $63.03 Million | -1.37% | 1.86x | $8.14 |