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RFM Corp
XPHS:RFM

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RFM Corp
XPHS:RFM
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Price: 5.53 PHP Market Closed
Market Cap: ₱18.6B

EV/IC

0.8
Current
12%
More Expensive
vs 3-y average of 0.7

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.8
=
Enterprise Value
₱13.9B
/
Invested Capital
₱16.9B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.8
=
Enterprise Value
₱13.9B
/
Invested Capital
₱16.9B

Valuation Scenarios

RFM Corp is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.7), the stock would be worth ₱4.93 (11% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-12%
Maximum Upside
+25%
Average Downside
1%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.8 ₱5.53
0%
3-Year Average 0.7 ₱4.93
-11%
5-Year Average 0.8 ₱5.18
-6%
Industry Average 1 ₱6.91
+25%
Country Average 0.7 ₱4.84
-12%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
PH
RFM Corp
XPHS:RFM
18.6B PHP 0.8 11.5
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 27 042.7 540 752.8
CH
Nestle SA
SIX:NESN
203.3B CHF 2.4 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.7B USD 1.6 32.1
FR
Danone SA
PAR:BN
42.7B EUR 1.5 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.6B ZAR 2.7 12.5
US
Hershey Co
NYSE:HSY
37.7B USD 3.6 42.7
CN
Muyuan Foods Co Ltd
SZSE:002714
244.2B CNY 2 25
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 3.9 12.8
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
225.7B CNY 13 32.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 3 31.9

Market Distribution

In line with most companies in Philippines
Percentile
57th
Based on 189 companies
57th percentile
0.8
Low
0 — 0.4
Typical Range
0.4 — 1
High
1 —
Distribution Statistics
Philippines
Min 0
30th Percentile 0.4
Median 0.7
70th Percentile 1
Max 100.8

RFM Corp
Glance View

Market Cap
18.6B PHP
Industry
Food Products

RFM Corp. engages in the provision of food and beverage. The firm is involved in the manufacturing, processing, and selling of wheat, flour and flour products, pasta, milk, juices, margarine, and other food and beverage products. The firm operates through three segments: Consumer Business, Institutional Business, and Other Operations. The Consumer Business segment manufactures ice cream products, milk, and juices, and sells the latter together with pasta and rice-based mixes. The Institutional Business segment primarily manufactures flour and bread products, pasta, and rice-based mixes, but only sells flour and bread products. Its Other Operations segments consist of lighterage, office space leasing, and other services. The firm's branded products which it markets are: Juicy Juice, The Royal Heritage, Want Ice Cream?, Drink Moo-Licious, Everyday!, Fortified Milk, and Like Pasta?. The Company’s subsidiaries include RFM Equities, Inc., and Rizal Lighterage Corporation.

RFM Intrinsic Value
4.71 PHP
Overvaluation 15%
Intrinsic Value
Price ₱5.53
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