Asia300

Universal Robina Corp.

Philippines

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jul 21, 2017
Prev close: 161
Jul 21, 2017
Market cap:
Market cap(USD):
354,870M
6,996.65M
Shares: 2,204.16M

Currency in PHP

Company profile

Market(Ticker): PHS(URC)
Sector:
Industry:
Consumer Non-Durables
Food: Specialty/Candy
Full time employees: 29,801

Business summary

Universal Robina Corp. is engaged in the manufacture and distribution of consumer food products. It operates through the following segments: Branded Consumer Foods, Agro-Industrial Products, Commodity Food Products, and Corporate Business. The Branded Consumer Foods segment manufactures and distributes salty snacks, chocolates, candies, biscuits, bakery products, beverages, instant noodles, pasta and tomato-based products. The Agro-Industrial Products segment produces and distributes an animal health products, animal feeds, glucose and soya bean products; and operates hog and poultry farm. The Commodity Food Products segment refines sugar and flour as well as manufactures pasta. Its products include savory snacks, biscuits, cakes, candies, chocolates, ready-to-drink tea and coffee; juices, bottled water, energy drinks, pure and blended coffee; creamer, instant coffee and chocolate mixes; pouch and cup noodles; canned beans, sauces and tomato paste. The Corporate Business segment engages in bonds and securities investment and fund sourcing activities. The company was founded by John L. Gokongwei Jr. on September 28, 1954 and is headquartered in Quezon City, Philippines.

Company background

Founded by Filipino-Chinese John Gokongwei in 1954 as a cornstarch factory, Universal Robina is now a leading snack and beverage producer in the Philippines. It is also one of the Filipino companies that have successfully expanded their footprint abroad. The company has full-scale operations in Thailand, Singapore, Malaysia, Vietnam, Indonesia, China and Hong Kong. It also plans to start operations in Myanmar by the end of 2014.

In the Philippines, Universal Robina enjoys the No. 1 market share in the snacks, candies, chocolates, canned beans and ready-to-drink tea segments and the No. 2 position in cup noodles and instant coffee sectors.

The company is continuously expanding its product portfolio. In 2014 alone, the company struck at least three deals as part of this effort.

In March, it teamed up with Calbee for the local production and sale of the Japanese snack marker's products in the Philippines. In July, Universal Robina took over New Zealand's NZ Snack Food Holdings for 700 million New Zealand dollars ($550 million), marking its first expansion outside Southeast Asia and China. In October, the company announced a joint venture with Danone Asia Holdings in a bid to expand its beverage portfolio.

The company is looking at establishing production plants in Laos and Cambodia to complete its presence in Southeast Asia.

In the news

Financial highlights

Sep 2016

  • Local currency
  • US Dollar
Revenue 111,631.79M
Gross profit 36,087.95M
Operating income 16,633.17M
Income before tax 19,031.50M
Net income 15,140.45M
EBITDA 22,099.01M
Diluted EPS 6.94
Dividends per share 1.65
Total assets 141,684.47M
Total liabilities 66,412.41M
Total equity 75,076.23M
Operating cash flow 16,790.68M

Currency in PHP

Revenue 2,378.71M
Gross profit 768.98M
Operating income 354.42M
Income before tax 405.53M
Net income 322.62M
EBITDA 470.89M
Diluted EPS 0.14
Dividends per share 0.03
Total assets 2,921.63M
Total liabilities 1,369.46M
Total equity 1,548.12M
Operating cash flow 357.78M

Currency in USD

Valuation measures

Sep 2016

PER 25.64
ROA 11.98%
ROE 21.57%
Operating margin 14.90%
Profit margin 13.56%

Key executive

  • President, Chief Executive Officer & Director: Lance Yu Gokongwei
  • Chief Financial Officer: Francisco M. del Mundo
  • Compliance Officer: Arlene Sta. Rosa-Denzon
  • Executive Vice President & Managing Director: Cornelio S. Mapa
  • Senior Vice President: Constante T. Santos

Share holders

  • JG Summit Holdings, Inc.(55.2%)
  • Genesis Investment Management LLP(2.7%)
  • T. Rowe Price International Ltd.(1.4%)
  • The Vanguard Group, Inc.(1.3%)
  • LGM Investments Ltd.(0.8%)
  • BlackRock Fund Advisors(0.8%)
  • Norges Bank Investment Management(0.6%)
  • Harding Loevner LP(0.6%)
  • GOKONGWEI ELIZABETH YU(0.6%)
  • APG Asset Management NV(0.5%)

Address

  • Website: http://www2.urc.com.ph
  • Address: 8th Floor, Tera Tower, Bridgetowne, E. Rodriguez Jr. Avenue, Quezon City, 1100, Philippines
  • Phone: +63.2.516.9888

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.