Filipino Undervalued over 20% based on DCF

San Miguel Food and Beverage

Market Cap: ₱322.6b

Manufactures and markets processed meat products.

Metropolitan Bank & Trust

Market Cap: ₱321.6b

Provides various commercial and investment banking products and services in the Philippines, rest of Asia, the United States of America, and Europe.

Aboitiz Power

Market Cap: ₱299.4b

Through its subsidiaries, engages in the power generation and distribution, and electricity retail businesses in the Philippines.

JG Summit Holdings

Market Cap: ₱170.4b

Engages in the consumer foods, agro-industrial and commodity food products, real estate and hotels, banking and financial services, telecommunications, petrochemicals, air transportation, and power generation and distribution businesses.

Aboitiz Equity Ventures

Market Cap: ₱162.7b

Through its subsidiaries, engages in power, banking and financial services, food, infrastructure, land, and data science and artificial intelligence businesses in the Philippines and rest of Asia.

GT Capital Holdings

Market Cap: ₱139.9b

A conglomerate, engages in the banking, automotive assembly, importation, distribution, dealership and financing, property development, life and non-life insurance, and infrastructure and utilities in the Philippines and internationally.

Semirara Mining and Power

Market Cap: ₱138.1b

Engages in the exploration, development, and mining of the coal resources and power generation in the Philippines.

Monde Nissin

Market Cap: ₱128.8b

An investment holding company, manufactures and sells food products and beverages in the Philippines, Thailand, New Zealand, Singapore, the United Kingdom, and internationally.

RL Commercial REIT

Market Cap: ₱126.5b

A real estate company, invests in various real estate properties.

Puregold Price Club

Market Cap: ₱115.2b

Engages in the retail and wholesale trading of dry goods, food, and other merchandise in the Philippines.

Philippine National Bank

Market Cap: ₱97.6b

Provides various banking and financial products and services.

Security Bank

Market Cap: ₱57.5b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

MREIT

Market Cap: ₱52.6b

Operates as a real estate investment trust.

Robinsons Retail Holdings

Market Cap: ₱42.5b

Operates as a multi-format retail company in the Philippines.

First Philippine Holdings

Market Cap: ₱34.0b

Engages in the power generation, real estate development, energy solutions, construction, and others business in the Philippines.

Filinvest REIT

Market Cap: ₱22.7b

A real estate investment trust, engages in the operation and maintenance of a portfolio of office buildings.

Far Eastern University

Market Cap: ₱20.2b

Operates the Far Eastern University in Manila, the Philippines.

DDMP REIT

Market Cap: ₱18.9b

Operates as a real estate investment trust company in the Philippines.

GMA Network

Market Cap: ₱18.3b

Engages in radio and television broadcasting businesses in the Philippines and internationally.

LBC Express Holdings

Market Cap: ₱11.1b

Provides logistics and money transfer services in the Philippines and internationally.

SSI Group

Market Cap: ₱9.9b

Operates as a specialty retailer primarily in the Philippines.

Philippine Bank of Communications

Market Cap: ₱8.7b

Provides commercial banking products and services to individual and corporate clients in the Philippines.

Cebu Landmasters

Market Cap: ₱8.7b

Engages in the development, leasing, management, and sale of real estate properties in the Philippines.

Philippine Business Bank

Market Cap: ₱7.2b

A savings bank, provides banking products and services to individual and corporate clients in the Philippines.

Megawide Construction

Market Cap: ₱4.1b

Engages in the engineering, procurement, construction (EPC), real estate development, airport operations, and land infrastructure businesses in the Philippines.

Upson International

Market Cap: ₱2.5b

Operates as a retailer of information technology products in the Philippines.

Paxys

Market Cap: ₱2.0b

An investment holding company, provides data conversion and other business process outsourcing services in the United States, Australia, and the United Kingdom.

AllHome

Market Cap: ₱1.9b

Operates as a home improvement retailer in the Philippines.

PTFC Redevelopment

Market Cap: ₱1.3b

Together with its subsidiary, operates as a leasing company primarily in the Philippines.

Italpinas Development

Market Cap: ₱716.8m

Engages in the real estate development and construction business in the Philippines.

Easycall Communications Philippines

Market Cap: ₱328.5m

Through its subsidiaries, engages in internet business primarily in the Philippines.