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Added to YB: 2024-08-09

Pitch date: 2024-07-26

GBSMF [bullish]

Ginebra San Miguel Inc.

Author Info

No bio for this author

Company Info

Ginebra San Miguel Inc., together with its subsidiaries, engages in the manufacture and sale of alcoholic beverages in the Philippines.

Market Cap

PHP 83.3B

Pitch Price

N/A

Price Target

N/A

Dividend

5.50%

EV/EBITDA

6.85

P/E

10.65

EV/Sales

1.04

Sector

Beverages

Category

dividend

Show full summary:
Palm Harbour Capital Portfolio Holding: Ginebra San Miguel Inc.

GBSMF: Filipino gin co. Q1 sales +16.8% YoY, 15.07% op margin (18-yr high). PHP 13.3B net cash (20% mkt cap). Div +20% to 3 PHP/q, 50% payout. Deeply undervalued despite +27.8% gain. Strong balance sheet, low capex needs suggest higher future payouts.

Read full article (1 min)