ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Retail Trade

SM Investments Corp.

  • 940.00 PHP
  • +10.00
  • +1.08%
  • Philippines
    Apr 17, 2019
  • Ticker
    PHS(SM)
  • Prev. close
    930.00
  • Market cap (PHP)
    1,120.26B
  • Market cap (USD)
    21,641.31M
  • Shares
    1,204.58M

Company Background

SM Investments is the Philippines' largest conglomerate by market value. It was founded by Filipino-Chinese tycoon Henry Sy in a Manila shoe shop in the 1950s. Now, SM Investments' subsidiaries are among the biggest players in their sectors.

SM Retail is the Philippines largest retailer, operating department stores and supermarkets across the country. BDO Unibank is the Philippines' largest lender by assets, with more than 800 branches. SM Prime Holdings became the country's biggest real estate company by market value when the Sy family consolidated property assets under SM Prime, which used to be a mall builder and operator. SM Investments also has interests in China Banking, gaming and leisure company Belle, Atlas Mining and office lessor The Net Group.

The conglomerate is managed by Sy's children, Teresita, Elizabeth, Henry Jr., Hans, Herbert and Harley.

Business Summary

SM Investments Corp. operates as a holding company. The company is engaged in financial services, retail, banking and properties in the Philippines. The company operates through the following segments: Property, Retail and Financial Services & Others. The Property segment is involved in mall, residential and commercial development, hotels and convention centers operations. The Retail segment is engaged in the retail and wholesale trading of merchandise, such as dry goods, wearing apparels, food and other merchandise. The financial services & Others segment engages in asset management and capital investments, and associates which are involved in financial services. SM Investments was founded by Henry Sy, Sr. on January 15, 1960 and is headquartered in Pasay, Philippines.

Financial Highlights

Dec 2018 PHPUSD
Revenue449,800M8,537.88M
Gross Profit----
Operating income----
Income before tax----
Net income----
EBITDA----
Diluted EPS----
Dividends Per Share----
Total Assets----
Total liabilities----
Total equity----
Operating cash flow----
Currency in PHPCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 263,390.29M 318,502.92M 348,412.53M 379,508.42M 449,800M
Gross Profit 89,036.00M 108,980.74M 121,502.28M 137,531.72M --
Operating income 39,233.48M 47,241.42M 52,884.83M 58,869.97M --
Income before tax 33,239.52M 40,067.12M 59,316.59M 65,291.23M --
Net income 28,398.58M 28,865.15M 31,204.30M 32,923.45M --
EBITDA 50,141.10M 59,087.77M 65,745.98M 72,890.86M --
Diluted EPS 23.77 24.08 25.91 27.34 --
Dividends Per Share 7.07 7.08 7.77 8.20 --
Total Assets 711,884.60M 785,492.41M 861,462.38M 960,080.70M --
Total liabilities 361,936.20M 401,504.55M 446,715.11M 506,268.48M --
Total equity 257,004.11M 280,031.54M 300,483.38M 328,132.73M --
Operating cash flow 13,620.77M 55,205.44M 40,156.76M 44,909.52M --
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 5,933.73M 6,994.99M 7,336.93M 7,527.74M 8,537.88M
Gross Profit 2,005.82M 2,393.44M 2,558.61M 2,728.01M --
Operating income 883.86M 1,037.52M 1,113.65M 1,167.71M --
Income before tax 748.82M 879.95M 1,249.09M 1,295.08M --
Net income 639.77M 633.93M 657.10M 653.05M --
EBITDA 1,129.59M 1,297.69M 1,384.49M 1,445.82M --
Diluted EPS 0.53 0.52 0.54 0.54 --
Dividends Per Share 0.15 0.15 0.16 0.16 --
Total Assets 15,914.25M 16,693.07M 17,328.88M 19,232.38M --
Total liabilities 8,091.12M 8,532.66M 8,985.97M 10,141.59M --
Total equity 5,745.35M 5,951.15M 6,044.42M 6,573.17M --
Operating cash flow 306.85M 1,212.42M 845.62M 890.80M --

Valuation Measures

Dec 2018
PER29.78
ROA--
ROE--
Operating margin--
Profit margin--

Key executives

  • Chairman, Chief Financial Officer & Executive VP: Jose T. Sio
  • President, CEO & Executive Director: Frederic Cuyegkeng DyBuncio
  • Senior Vice President-Information Technology: Wilson H. Go
  • Senior VP, Chief Risk & Compliance Officer: Wellington Palmero
  • Treasurer & Senior Vice President: Grace F. Roque

Shareholders

  • SY HANS T (8.1%)
  • SY HERBERT T (8.1%)
  • SY HARLEY TAN (7.2%)
  • SY HENRY T JR (7.2%)
  • SY COSON TERESITA T (7.0%)
  • SY ELIZABETH T (5.8%)
  • SY HENRY SR FAMILY (3.8%)
  • SY FELICIDAD T (3.2%)
  • SY HENRY SR (2.8%)
  • OppenheimerFunds, Inc. (2.3%)

Contact Details

Related Companies

  • Philippines Urban Living Solutions, Inc.
  • 19-1 Property Holdings, Inc.
  • Crescent Park 19-1 Property Holdings, Inc.
  • Crescent Park 6-3 Property Holdings, Inc.
  • Crescent Park 18-2 Property Holdings, Inc.
  • 6-24 Property Holdings, Inc.
  • Crescent Park 6-24 Property Holdings, Inc.
  • Crescent Park 14-678 Property Holdings, Inc.
  • Allfirst Equity Holdings, Inc.
  • Sanford Marketing Corp.
  • 18-2 Property Holdings, Inc.
  • 14-678 Property Holdings, Inc.
  • SM Investments Corp. Series-2
  • SM Investments Corp. Series-1
  • 6-3 Property Holdings, Inc.
  • Cherry Foodarama, Inc.
  • SM Mart, Inc.
  • Shopping Center Management Corp.
  • Family Entertainment Center, Inc.
  • SM Hotels & Conventions Corp.
  • Belleshares Holdings, Inc.
  • Multi Realty Development Corp.
  • SM Land, Inc.
  • Primebridge Holdings, Inc.
  • Super Shopping Market, Inc.
  • Super Value, Inc. (Philippines)

Competitors

  • Robinsons Retail Holdings, Inc.
  • JG Summit Holdings Inc.
  • Puregold Price Club Inc.
  • Robinsons Land Corp.
  • Filinvest Development Corporation
  • Ayala Corp.
  • LT Group, Inc.
  • Megaworld Corp.
  • Ayala Land Inc.
  • Alliance Global Group Inc.
  • DoubleDragon Properties Corp.
  • Aboitiz Equity Ventures Inc.
  • San Miguel Corp.
  • Union Bank of the Philippines
  • Vista Land & Lifescapes, Inc.
  • Bank of the Philippine Islands
  • Rizal Commercial Banking Corporation
  • Security Bank Corp. (Philippines)
  • Philippine National Bank
  • Metropolitan Bank & Trust Co.
  • GT Capital Holdings, Inc.
  • DMCI Holdings Inc.
  • Metro Pacific Investments Corporation
  • Cosco Capital, Inc.
  • Starmalls, Inc.
Last Updated on 17 Apr, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends April 19th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media