Jollibee Foods Management

Management criteria checks 3/4

Jollibee Foods' CEO is Ernesto Tanmantiong, appointed in Jan 2014, has a tenure of 10.92 years. directly owns 0.72% of the company’s shares, worth ₱2.08B. The average tenure of the management team and the board of directors is 6 years and 31.9 years respectively.

Key information

Ernesto Tanmantiong

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.9yrs
CEO ownership	0.7%
Management average tenure	6yrs
Board average tenure	31.9yrs

Recent management updates

Recent updates

CEO

Ernesto Tanmantiong (66 yo)

10.9yrs

Tenure

₱660,000

Compensation

Mr. Ernesto Tanmantiong has been the Chief Executive Officer and President of Jollibee Foods Corp. since January 1, 2014. Mr. Tanmantiong serves as a Board Adviser at DDMP REIT Inc. Mr. Tanmantiong served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Caktiong Tan	Founder & Executive Chairman	46.9yrs	₱660.00k	1.03% ₱ 3.0b
Ernesto Tanmantiong	President	10.9yrs	₱660.00k	0.72% ₱ 2.1b
Untiong Tan	Corporate Secretary	30.9yrs	₱840.00k	0.74% ₱ 2.1b
Woo Chong	CFO, Chief Risk Officer & Corporate Information Officer	2.6yrs	no data	no data
Marilou Sibayan	Comptroller & Principal Accounting Officer	no data	no data	no data
Corazon Palomar	Director of Investor Relations	no data	no data	no data
Valerie Amante	Chief Legal	2.6yrs	no data	0.0047% ₱ 13.7m
Jose Maria Minana	Chief Sustainability & Public Affairs Officer	5.9yrs	no data	no data
Arsenio Sabado	Chief Human Resources Officer	6yrs	no data	no data
Susana Tanmantiong	Chief Procurement Officer	no data	no data	0.60% ₱ 1.7b
Dennis Flores	President of Regional Business & Head of EMEAA	no data	no data	0.051% ₱ 146.5m
Gisela Tiongson-velasco	President and Executive Director of Jollibee Group Foundation	17.9yrs	no data	no data

6.0yrs

Average Tenure

60.5yo

Average Age

Experienced Management: JFC's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Caktiong Tan	Founder & Executive Chairman	46.9yrs	₱660.00k	1.03% ₱ 3.0b
Ernesto Tanmantiong	President	37.9yrs	₱660.00k	0.72% ₱ 2.1b
Untiong Tan	Corporate Secretary	31.9yrs	₱840.00k	0.74% ₱ 2.1b
Poe Chua	Director	46.9yrs	₱780.00k	0% ₱ 0
Cho Ang	Director	46.9yrs	₱660.00k	0% ₱ 0
Cesar A. Purisima	Lead Independent Director	4.4yrs	₱1.26m	0% ₱ 0
Artemio Panganiban	Director	12.5yrs	₱660.00k	0.0048% ₱ 13.9m
Ee Rong Chong	Independent Director	3.5yrs	₱801.65k	0% ₱ 0
Soon Keat Goh	Independent Director	3.5yrs	₱1.14m	0% ₱ 0

31.9yrs

Average Tenure

71yo

Average Age

Experienced Board: JFC's board of directors are seasoned and experienced ( 31.9 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 02:50
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Jollibee Foods Corporation is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Julian Vincent Roxas	BofA Global Research
Philip Felix	BofA Global Research
Lance Soledad	CGS International

Jollibee Foods Management

Management criteria checks 3/4

Key information

Recent management updates

Jollibee Foods Corporation, Annual General Meeting, Jun 28, 2024

Director recently bought ₱3.1m worth of stock

Director recently bought ₱18m worth of stock

President recently sold ₱173m worth of stock

Less than half of directors are independent

Chief Procurement Officer recently bought ₱4.5m worth of stock

Recent updates

Jollibee Announces New Line of Premium, Made-to-Order Beverages, Signature Sips

Third quarter 2024 earnings released: EPS: ₱2.41 (vs ₱2.08 in 3Q 2023)

Dividend increased to ₱1.82

Now 20% undervalued

Jollibee Unlocks Unique Flavor Cravings with the Return of Its Iconic Ube Pie, Available for A Limited Time

Second quarter 2024 earnings released: EPS: ₱2.62 (vs ₱1.98 in 2Q 2023)

Now 20% undervalued after recent price drop

First quarter 2024 earnings released: EPS: ₱2.24 (vs ₱1.75 in 1Q 2023)

Jollibee Foods Corporation, Annual General Meeting, Jun 28, 2024

Final dividend increased to ₱1.15

Jollibee Foods Corporation Approves Cash Dividend on Common Stock, Payable on May 23, 2024

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of ₱1.23 per share at 1.1% yield

Jollibee Foods Corporation Declares A Regular Cash Dividend, Payable on December 11, 2023

Jollibee Foods Corporation Declares A Regular Cash Dividend, Payable on December 11, 2023

Third quarter 2023 earnings released: EPS: ₱2.08 (vs ₱1.93 in 3Q 2022)

Director recently bought ₱3.1m worth of stock

Second quarter 2023 earnings released: EPS: ₱1.98 (vs ₱2.31 in 2Q 2022)

Director recently bought ₱18m worth of stock

First quarter 2023 earnings released: EPS: ₱1.75 (vs ₱1.95 in 1Q 2022)

Consensus EPS estimates increase by 16%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

President recently sold ₱173m worth of stock

Jollibee Reportedly in Talks to Sell Stake in Highlands Coffee

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ₱1.93 (vs ₱1.42 in 3Q 2021)

Jollibee Foods Corporation Declares Regular Cash Dividend, Payable on December 14, 2022

Chief Procurement Officer recently bought ₱4.5m worth of stock

Director recently bought ₱2.0m worth of stock

Consensus EPS estimates increase by 17%

Second quarter 2022 earnings released: EPS: ₱2.31 (vs ₱0.89 in 2Q 2021)

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

President recently bought ₱4.0m worth of stock

Now 23% undervalued after recent price drop

Insider recently bought ₱1.0m worth of stock

First quarter 2022 earnings: EPS exceeds analyst expectations

President recently bought ₱38m worth of stock

Chief Marketing Officer recently bought ₱13m worth of stock

Upcoming dividend of ₱1.07 per share

Less than half of directors are independent

Jollibee Foods Corporation, Annual General Meeting, Jun 24, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

Consensus EPS estimates fall by 16%

Price target increased to ₱238

Price target increased to ₱234

Price target increased to ₱210

Third quarter 2021 earnings released: EPS ₱1.42 (vs ₱1.43 loss in 3Q 2020)

Jollibee Foods Corporation (PSE : JFC) acquired 15% stake in Tim Ho Wan Pte. Ltd for SGD 71.6 million.

Second quarter 2021 earnings released: EPS ₱0.89 (vs ₱9.33 loss in 2Q 2020)

Independent Director Cezar Consing has left the company

Chairman of the Board recently bought ₱24m worth of stock

Head of Global Corp. Legal & Ethics recently sold ₱1.3m worth of stock

First quarter 2021 earnings released: EPS ₱0.14 (vs ₱1.53 loss in 1Q 2020)

Full year 2020 earnings released: ₱10.45 loss per share (vs ₱6.68 profit in FY 2019)

Upcoming dividend of ₱0.78 per share

Price target raised to ₱165

New 90-day low: ₱173

Analysts update estimates

New 90-day high: ₱205

Price target raised to ₱147

Third quarter 2020 earnings released: ₱1.43 loss per share

Revenue beats expectations, earnings disappoint

New 90-day high: ₱194

Jollibee Foods Corp. to Close Stores

CEO

Tenure

Compensation