Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 3/6 |
Past Performance | 5/6 |
Financial Health | 3/6 |
Dividends | 0/6 |
SM Stock Overview
SM Investments Corporation, together with its subsidiaries, engages in the property, retail, and banking and other businesses in the Philippines.
SM Investments Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | ₱845.00 |
52 Week High | ₱1,041.00 |
52 Week Low | ₱789.00 |
Beta | 0.52 |
1 Month Change | -2.76% |
3 Month Change | -1.74% |
1 Year Change | -7.14% |
3 Year Change | -8.20% |
5 Year Change | 8.75% |
Change since IPO | 557.42% |
Recent News & Updates
Shareholder Returns
SM | PH Industrials | PH Market | |
---|---|---|---|
7D | 7.1% | 5.6% | 4.6% |
1Y | -7.1% | -0.3% | 7.9% |
Return vs Industry: SM underperformed the PH Industrials industry which returned -0.3% over the past year.
Return vs Market: SM underperformed the PH Market which returned 7.9% over the past year.
Price Volatility
SM volatility | |
---|---|
SM Average Weekly Movement | 4.7% |
Industrials Industry Average Movement | 4.9% |
Market Average Movement | 5.6% |
10% most volatile stocks in PH Market | 10.0% |
10% least volatile stocks in PH Market | 3.2% |
Stable Share Price: SM is not significantly more volatile than the rest of PH stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SM's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1958 | n/a | Frederic DyBuncio | https://www.sminvestments.com |
SM Investments Corporation, together with its subsidiaries, engages in the property, retail, and banking and other businesses in the Philippines. The company’s Property segment is involved in the mall, residential, and commercial development, as well as the operation of hotels and convention centers. This segment also develops, conducts, operates, and maintains commercial shopping centers, as well as conducts, operates, and maintains shopping center spaces, amusement centers, and cinema theaters within the shopping centers.
SM Investments Fundamentals Summary
SM fundamental statistics | |
---|---|
Market Cap | ₱1.02t |
Earnings (TTM) | ₱41.03b |
Revenue (TTM) | ₱443.32b |
24.8x
P/E Ratio2.3x
P/S RatioIs SM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
SM income statement (TTM) | |
---|---|
Revenue | ₱443.32b |
Cost of Revenue | ₱265.89b |
Gross Profit | ₱177.43b |
Other Expenses | ₱136.40b |
Earnings | ₱41.03b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 34.06 |
Gross Margin | 40.02% |
Net Profit Margin | 9.25% |
Debt/Equity Ratio | 75.8% |
How did SM perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield12%
Payout RatioValuation
Is SM Investments undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SM (₱845) is trading below our estimate of fair value (₱2853.05)
Significantly Below Fair Value: SM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SM is poor value based on its PE Ratio (24.8x) compared to the PH Industrials industry average (11.3x).
PE vs Market: SM is poor value based on its PE Ratio (24.8x) compared to the PH market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: SM is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SM is overvalued based on its PB Ratio (2.3x) compared to the PH Industrials industry average (1.1x).
Future Growth
How is SM Investments forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
21.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SM's forecast earnings growth (21.1% per year) is above the savings rate (4.9%).
Earnings vs Market: SM's earnings (21.1% per year) are forecast to grow faster than the PH market (21% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SM's revenue (6% per year) is forecast to grow slower than the PH market (10.4% per year).
High Growth Revenue: SM's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SM's Return on Equity is forecast to be low in 3 years time (12.5%).
Past Performance
How has SM Investments performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
0.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SM has high quality earnings.
Growing Profit Margin: SM's current net profit margins (9.3%) are higher than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: SM's earnings have grown by 0.4% per year over the past 5 years.
Accelerating Growth: SM's earnings growth over the past year (72%) exceeds its 5-year average (0.4% per year).
Earnings vs Industry: SM earnings growth over the past year (72%) exceeded the Industrials industry 57.4%.
Return on Equity
High ROE: SM's Return on Equity (8.9%) is considered low.
Financial Health
How is SM Investments's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SM's short term assets (₱306.3B) exceed its short term liabilities (₱244.4B).
Long Term Liabilities: SM's short term assets (₱306.3B) do not cover its long term liabilities (₱482.4B).
Debt to Equity History and Analysis
Debt Level: SM's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: SM's debt to equity ratio has reduced from 80.4% to 75.8% over the past 5 years.
Debt Coverage: SM's debt is not well covered by operating cash flow (12%).
Interest Coverage: SM's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
Dividend
What is SM Investments's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.50%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SM's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the PH market (1.36%).
High Dividend: SM's dividend (0.5%) is low compared to the top 25% of dividend payers in the PH market (4.77%).
Stability and Growth of Payments
Stable Dividend: SM is not paying a notable dividend for the PH market, therefore no need to check if payments are stable.
Growing Dividend: SM is not paying a notable dividend for the PH market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: SM is not paying a notable dividend for the PH market.
Cash Payout to Shareholders
Cash Flow Coverage: SM is not paying a notable dividend for the PH market.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Frederic DyBuncio (61 yo)
5.08yrs
Tenure
Mr. Frederic C. DyBuncio, BBM, MBA, has been Adviser to the Board of Pacific Online Systems Corporation since July 25, 2017. Mr. DyBuncio has been the President and Executive Director of SM Investments Cor...
Leadership Team
Experienced Management: SM's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: SM's board of directors are seasoned and experienced ( 11.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SM Investments Corporation's employee growth, exchange listings and data sources
Key Information
- Name: SM Investments Corporation
- Ticker: SM
- Exchange: PSE
- Founded: 1958
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Implied Market Cap: ₱1.018t
- Shares outstanding: 1.20b
- Website: https://www.sminvestments.com
Location
- SM Investments Corporation
- One E-Com Center
- 10th Floor
- Pasay City
- 1300
- Philippines
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/22 00:00 |
End of Day Share Price | 2022/05/20 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.