Emperador Inc.

SGX:EMI Stock Report

Market Cap: S$6.5b

Emperador Valuation

Is EMI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EMI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EMI (SGD0.42) is trading below our estimate of fair value (SGD0.49)

Significantly Below Fair Value: EMI is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EMI?

Key metric: As EMI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EMI. This is calculated by dividing EMI's market cap by their current earnings.
What is EMI's PE Ratio?
PE Ratio42.2x
Earnings₱6.71b
Market Cap₱282.94b

Price to Earnings Ratio vs Peers

How does EMI's PE Ratio compare to its peers?

The above table shows the PE ratio for EMI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.3x
Y92 Thai Beverage
12.9x7.1%S$13.8b
E5H Golden Agri-Resources
14.2x27.8%S$3.2b
EB5 First Resources
9.1x5.9%S$2.2b
F34 Wilmar International
8.9x5.9%S$18.7b
EMI Emperador
42.2x25.2%S$282.9b

Price-To-Earnings vs Peers: EMI is expensive based on its Price-To-Earnings Ratio (42.2x) compared to the peer average (11.3x).

Price to Earnings Ratio vs Industry

How does EMI's PE Ratio compare vs other companies in the Asian Beverage Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
EMI 42.2xIndustry Avg. 18.9xNo. of Companies26PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EMI is expensive based on its Price-To-Earnings Ratio (42.2x) compared to the Asian Beverage industry average (19x).

Price to Earnings Ratio vs Fair Ratio

What is EMI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EMI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.2x
Fair PE Ratio15.2x

Price-To-Earnings vs Fair Ratio: EMI is expensive based on its Price-To-Earnings Ratio (42.2x) compared to the estimated Fair Price-To-Earnings Ratio (15.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EMI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentS$0.41
S$0.35
-16.5%
17.6%S$0.45S$0.25n/a7
Dec ’25S$0.41
S$0.37
-11.7%
17.0%S$0.46S$0.26n/a7
Nov ’25S$0.42
S$0.37
-13.8%
17.0%S$0.46S$0.26n/a7
Oct ’25S$0.43
S$0.37
-14.8%
17.0%S$0.46S$0.26n/a7
Sep ’25S$0.43
S$0.38
-12.5%
19.1%S$0.50S$0.25n/a8
Aug ’25S$0.42
S$0.40
-6.4%
23.1%S$0.55S$0.25n/a8
Jul ’25S$0.43
S$0.40
-6.6%
21.7%S$0.55S$0.25n/a9
Jun ’25S$0.43
S$0.43
+1.0%
17.4%S$0.56S$0.33n/a8
May ’25S$0.42
S$0.47
+10.0%
18.2%S$0.57S$0.34n/a7
Apr ’25S$0.42
S$0.48
+11.9%
16.7%S$0.58S$0.34n/a8
Mar ’25S$0.51
S$0.47
-7.6%
17.0%S$0.58S$0.34n/a9
Feb ’25S$0.51
S$0.47
-7.6%
17.0%S$0.58S$0.34n/a9
Jan ’25S$0.53
S$0.49
-8.4%
14.5%S$0.58S$0.36n/a8
Dec ’24S$0.52
S$0.49
-5.5%
14.8%S$0.58S$0.36S$0.418
Nov ’24S$0.51
S$0.49
-3.6%
14.8%S$0.58S$0.36S$0.428
Oct ’24S$0.51
S$0.49
-4.7%
14.8%S$0.58S$0.36S$0.438
Sep ’24S$0.51
S$0.49
-3.9%
15.2%S$0.58S$0.36S$0.438
Aug ’24S$0.52
S$0.49
-4.4%
15.3%S$0.58S$0.36S$0.428
Jul ’24S$0.52
S$0.49
-5.9%
15.2%S$0.59S$0.35S$0.438
Jun ’24S$0.51
S$0.45
-12.0%
18.5%S$0.58S$0.35S$0.438
May ’24S$0.51
S$0.45
-10.1%
18.5%S$0.59S$0.35S$0.428
Apr ’24S$0.51
S$0.45
-10.1%
18.5%S$0.59S$0.35S$0.428
Mar ’24S$0.51
S$0.45
-11.4%
18.2%S$0.58S$0.35S$0.518
Feb ’24S$0.49
S$0.45
-8.7%
18.2%S$0.58S$0.35S$0.518
Jan ’24S$0.51
S$0.44
-13.7%
19.4%S$0.58S$0.35S$0.537
Dec ’23S$0.48
S$0.45
-7.5%
18.2%S$0.58S$0.35S$0.528

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 13:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Emperador Inc. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Philip FelixBofA Global Research
Edser TrinidadCGS International
Rohit ThombreCitigroup Inc