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Company Information |
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Full name San Miguel Pure Foods Company, Inc. Headquarters JMT Corporate Condominium ADB Ave Ortigas Ctr; Pasig; National Capital Region; 1605 |
Status: Listed Legal Form: Public Limited Company Operational Status: Operational CIBI: 0000011840 Financial Auditors: KPMG Manabat Sanagustin & Co. (2012) Incorporation Date: October 13, 1956 Total Employees: 3,676 Tel: (63 2) 6341010 |
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Company Description |
| San Miguel Purefoods Company, Inc. (PF) is in the business of manufacturing and marketing of processed meat products. PF is a 100% subsidiary of San Miguel Corporation (SMC). Its operations are classified into great food solutions and condiments. The first one is a food service unit that caters to institutional accounts for their poultry and flour-based needs while the second produces cane vinegar under the brand Supremo. Purefoods-Hormel Co. Inc. is one of PF's subsidiaries that produces processed | ||
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Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the first three cumulated quarters of 2012, total net operating revenues increased with 8.46%, from PHP 64,176,089 thousands to PHP 69,606,935 thousands. Operating result increased from PHP 4,244,113 thousands to PHP 4,265,082 thousands which means 0.49% change. The results of the period increased 0.42% reaching PHP 2,956,921 thousands at the end of the period against PHP 2,944,593 thousands last year. Return on equity (Net income/Total equity) went from 7.55% to 7.28%, the Return On Asset (Net income / Total Asset) went from 5.02% to 4.58% and the Net Profit Margin (Net Income/Net Sales) went from 4.59% to 4.25% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 65.70% compared to 58.67% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.03 to 1.80 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2012 Y (cons) |
2012 Q3C (cons) |
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| Audited | Non-Audited | |
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| WVB Company Financials | WVB Company Financials | |
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| Unit | Thousands | Thousands |
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Total Assets |
68,388,712 |
64,564,980 |
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Current Assets |
37,266,164 |
34,135,184 |
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Total Liabilities |
26,952,668 |
26,668,368 |
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Shareholders Equity |
41,436,044 |
40,593,961 |
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Current Liabilities |
22,234,004 |
18,940,252 |
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| * All the accounts are in PHP. | ||
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Total Operating Revenue |
95,910,917 |
69,606,935 |
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Operational Profit (Loss) |
6,286,747 |
4,265,082 |
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Net Profit (Loss) |
4,224,562 |
2,956,921 |
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| * All the accounts are in PHP. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
6.18% |
4.58% |
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Annualised Return on Assets (ROA) |
6.18% |
6.11% |
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Return on Equity (ROE) |
10.2% |
7.8% |
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Annualised Return on Equity (ROE) |
10.2% |
10.4% |
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Return on Sales (ROS) |
4.41% |
4.26% |
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Return on Capital |
10.2% |
6.95% |
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Gross Profit Margin |
21.11% |
19.86% |
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Operating Profit Margin |
7.88% |
7.2% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
10.61x |
12.21x |
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Inventory Turnover |
4.82x |
3.57x |
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Current asset turnover |
2.57x |
2.03x |
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Fixed-asset turnover |
3.08x |
2.28x |
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Asset Turnover |
1.40x |
1.07x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
5,377,990 |
3,527,069 |
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EBITDA |
7,675,190 |
5,245,293 |
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Enterprise value |
43,737,393 |
159,234,722 |
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Enterprise Value / EBITDA |
5.70 |
30.36 |
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Bookvalue (BV) |
61,037,672 |
54,002,968 |
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Net Cash |
-17,953,586 |
-14,915,223 |
| Liquidity Ratios | ||
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Current Ratio |
167.61% |
180.23% |
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Quick ratio |
97.04% |
98.1% |
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Doom's day ratio |
19.25% |
21.25% |
| Leverage Ratios | ||
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Leverage ratio |
165.05% |
170.37% |
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Interest Coverage Ratio |
935.47% |
828.59% |
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Debt to equity |
65.05% |
70.37% |
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Debt to total assets |
39.41% |
41.3% |
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Long Term Debt to Capital |
71.74% |
80.61% |
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Debt / Enterprise Value |
16.81% |
6.63% |
| Market ratios | ||
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Market Capitalization/EBITDA |
5.30 |
28.60 |
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Price/Book Ratio |
0.67 |
2.78 |
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Market Cap / Net cash |
-2.27 |
-10.06 |
| Trend Ratios | ||
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Revenue Trend |
106.92% |
107.88% |
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Net Income Trend |
102.98% |
100.42% |
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Operating Income Trend |
87.56% |
85.11% |
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