May 2026
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Largest Public Companies in Philippines
Benchmark revenue and EBITDA valuation multiples for public comps like
International Container Terminal Services, SM Investments, Manila Electric, BDO Unibank and SM Prime Holdings.
 | International Container Terminal Services Inc is a container-handling and terminal company. The company operates, manages, develops, and acquires container terminals to handle import and export cargo shipped in containers. Besides, the firm provides storage, container stripping and stuffing, and maintenance services. The company organises itself into three geographical segments: Asia; Europe, Middle East, and Africa; and Americas. The company derives the majority portion of revenue from the Asia segment, followed by the Americas and EMEA. | $13 | +83% | $26B | $30B | 8.7x | 13.7x | ||
| SM Investments Corp is a Philippines conglomerate with operations in retail, banking, property, and Portfolio investments. The retail division operates department stores and food retail stores. The property division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM Banking provides financial services through BDO Unibank and China Banking Corporation. China Banking Corporation is servicing emerging companies and small- and medium-scale enterprises. BDO has diverse operations from credit cards, insurance, and leasing to investment banking, and asset management. The majority of its revenue comes from the retail segment that engages in the trading of merchandise such as dry goods, wearing apparel, and others. | $10 | -35% | $12B | $19B | 1.8x | 6.0x | ||
| Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and coal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila. | $9 | +3% | $11B | $13B | 1.6x | 8.6x | ||
| BDO Unibank Inc is a full-service universal bank in the Philippines. The company's operating segment consists of Commercial banking, Investment banking, Private banking, Leasing and financing, Insurance, and Others. The company generates the majority of its revenue from the commercial banking segment, which handles the entire lending (corporate and consumer), trade financing and cash management services for corporate and retail customers. Geographically, the majority of its revenue is derived from the Philippines. | $2 | -28% | $10B | $17B | 4.1x | - | ||
| SM Prime Holdings Inc is an integrated property developer. It is engaged in acquiring and developing real estate, conducting and maintaining commercial shopping centers, and constructing and managing buildings such as condominiums, apartments, hotels, restaurants, stores, and other structures for mixed-use purposes. The company has four business segments, namely, malls, residential, commercial, and integrated property developments and hotels and convention centers. Maximum revenue is generated from the Malls segment, which develops, conducts, operates, and maintains the business of commercial shopping centers for rent, amusement centers, or cinema theaters within the compound of the shopping centers. | $0 | -24% | $9B | $15B | 6.5x | 10.7x | ||
| Bank of the Philippine Islands is a universal bank offering a range of financial products and solutions for both retail and corporate customers. The services of the company include consumer banking and lending, asset management, insurance, securities brokerage and distribution, foreign exchange, leasing, and corporate and investment banking. It has three business segments: Consumer banking, Corporate banking, and Investment banking. It derives maximum revenue from the Consumer Banking Segment. | $2 | -31% | $8B | $12B | 4.2x | - | ||
| Ayala Corporation is a general real estate company. The group is organized into a variety of business units. Ayala's real estate business is predominantly conducted through its subsidiary, Ayala Land, Inc. Its involvement in financial services is through an affiliate, the Bank of the Philippine Islands. The group's business has the following main segments: Parent Company; Real estate and hotels; Financial services and insurance; Telecommunications; Industrial Technologies; Power Generation; and Automotive and Others. | $7 | -27% | $7B | $19B | 3.4x | 7.4x | ||
| Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of the company's income is derived from its power generation business. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers. | $1 | +2% | $5B | $10B | 2.9x | 9.8x | ||
| San Miguel Food And Beverage Inc is a food company located in the Philippines. The company and its subsidiaries are involved in poultry and livestock operations, feeds and flour milling, dairy and coffee operations, franchising, and young animal ration manufacturing and distribution. The firm sells and markets its products under B-meg, Magnolia, Monterey, San Miguel Mills, and Pure Foods brand names. The operating segments of the company include Beer and non-alcoholic beverages (NAB), Spirits, and Food. The company generates maximum revenue from the Food segment. | $1 | -6% | $5B | $5B | 0.8x | 4.0x | ||
| Metropolitan Bank & Trust Co is a Filipino bank that provides a diverse range of banking and collateral services. The company has different segments namely Consumer Banking, Corporate Banking, Investment Banking, Treasury, Branch Banking and Others. The Group operates in Philippines, Asia other than Philippines, USA and Europe. | $1 | -16% | $5B | $6B | 2.4x | - | ||
| PLDT Inc is the telecommunications carrier in the Philippines. The company's business activities include three business units: Wireless, Fixed Line and Others. The wireless segment consists of mobile telecommunications services provided by Smart and DMPI, and Fixed-line telecommunications services mainly provided by PLDT. It also provides fixed-line services through PLDT’s subsidiaries. | $19 | -8% | $4B | $10B | 0.6x | 2.2x | ||
| Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line, and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines. | $28 | -3% | $4B | $10B | 3.3x | 6.1x | ||
| Emperador Inc manufactures, sells, and distributes spirits and other alcoholic beverages through two main business segments: brandy and Scotch whiskey. The brandy segment, which accounts for more than half of the company's total revenue focuses on sales in the Philippines and Spain. This segment also has a distribution network for its operations, which includes sales offices and distribution outlets throughout the Philippines. The Scotch whiskey business sells in the United Kingdom. Brands that Emperador owns or licenses include The Dalmore, Fundador, Jura, Emperador, Andy Player, Whyte and Mackay, Smirnoff, and BaR. The company produces in the Philippines and Europe. | $0 | -2% | $4B | $4B | 4.8x | 29.9x | ||
| Aboitiz Equity Ventures Inc is a Philippine holding company with reportable segments of power distribution and generation, financial services, food and beverage, real estate, and infrastructure. The power segment is engaged in power generation and the sale of electricity. The food manufacturing segment is engaged in the production of flour and feeds, and swine breeding. Aboitiz Equity Ventures generates maximum revenue from the power segment. Geographically, it operates solely in the Philippines. | $1 | -15% | $3B | $9B | 1.9x | 6.9x | ||
| Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants. The company has three business segments; The food service segment is involved in the operations of QSRs and the manufacture of food, products to be sold to JFC Group-owned and franchised QSR outlets, The franchising segment is involved in the franchising of the JFC Group’s QSR store concepts, and The support services segment is involved in providing various services mainly to the Jollibee Group’s independent franchisees. The group’s geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations which include PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, UK, UAE, Hongkong, Macau, Brunei, Taiwan, and Australia. | $2 | -42% | $2B | $4B | 0.9x | 6.4x | ||
| Universal Robina Corp is a branded consumer food and beverage product company originally from the Philippines. It is mainly present in the Association of Southeast Asian Nations, or ASEAN, markets, but the company also exports to markets in Japan, Korea, the U.S., Europe, the Middle East, and West Africa. URC's food-related businesses consist of the manufacturing and distribution of branded consumer foods, commodities (mainly sugar and flour), milling of hogs and animal feed, and related products. URC's main regional brands are Jack 'n Jill, for snack foods; C2, for ready-to-drink tea; and Great Taste, for coffee. Its segment comprises Branded Consumer Food, Agro-Industrial Products and Commodity Food Products, and Corporate Business. | $1 | -35% | $2B | $2B | 0.8x | 6.6x | ||
| ACEN Corp is a Philippines-based energy provider. The company is mainly involved in the business of Renewables and Thermal energy. It also holds interests in the business of oil and gas exploration and production. The company operates in three segments: The Philippines segment, the International segment, and the Parent and Others segment The Philippines segment, which accounts for the vast majority of its revenue, is into Retail Electricity Supply, Renewables - generation, transmission, distribution, and supply of electricity using renewable sources, Thermal - generation, transmission, distribution, and supply of electricity using the conventional way of energy generation, Project development, Leasing, bulk water supply, and Petroleum and exploration. | $0 | +19% | $2B | $5B | 9.5x | 23.5x | ||
| Monde Nissin Corp is engaged in the food manufacturing industry in the Philippines. Its portfolio comprises the Asia-Pacific Branded Food and Beverage (APAC BFB) Business and the Meat Alternative Business. The APAC BFB Business consists of three product groups: instant noodles, biscuits, and other products (such as beverages, baked goods, and culinary aids). Its Meat Alternative Business sells its products globally under Quorn Foods and the Quorn brand. The company is engaged in manufacturing, processing, baking, packaging, servicing, repacking, assembling, importing, exporting, buying, selling, trading, or otherwise dealing in all kinds of goods, wares, and merchandise. | $0 | -10% | $2B | $2B | 1.3x | 7.4x | ||
| Pal Holdings Inc through its subsidiaries, provides air transportation for passengers and cargo within and outside the Philippines. The revenues of the company are derived from rendering transportation services and sales are made to external customers. | $0 | -30% | $1B | $3B | 0.8x | 3.9x | ||
| SP New Energy Corp is a renewable energy power generation company. The primary purpose is to construct, erect, assemble, commission, operate, and maintain power-generating plants, warehouses, terminals, and related facilities for the conversion of renewable energy into a usable form fit for electricity generation and distribution. | $0 | +20% | $1B | $1B | 115.8x | 11.6x | ||
| Converge Information And Communications Technology Solutions Inc is a pure-play high-speed fixed broadband provider in the Philippines, with industry optical fiber-based connectivity services. Its singular focus on high-speed fixed broadband services is deeply ingrained in the organization and permeates all aspects of Converge’s operations, including network rollout, product and service innovation, sales, and customer service. The company operates in two businesses, namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business. | $0 | -49% | $1B | $2B | 2.1x | 3.7x | ||
| Cosco Capital Inc is a holding retail company based out of the Philippines that has operations in wine & liquor distribution, real estate, oil and minerals and retail establishments. The company's segment are: Grocery retail; Specialty retail; Liquor distribution; Real estate and property leasing; and Oil and mining. It derives maximum revenue from Grocery Retail segment which includes selling of purchased goods to a retail market. | $0 | +3% | $828M | $543M | 0.1x | 1.1x | ||
| Robinsons Retail Holdings Inc is a multiformat retailer in the Philippines. The company operates in six business segments: Supermarkets (Robinsons Supermarket, Robinsons Easymart, and Robinsons Selections), Department stores (Robinsons Department Store), Drugstores (Southstar Drug and Manson Drug), DIY stores (True Home by True Value, A.M. Builders' Depot, Handyman Do it Best, True Value), Convenience stores (Ministop) and Specialty stores (toys retailer Toys "R" Us, one-price-point retailer Daiso Japan, consumer electronics and appliances retailers Robinsons Appliances and Savers Appliances and international fashion brands, such as Topshop, Topman, Dorothy Perkins, and international cosmetics brands such as Shiseido). | $1 | +17% | $815M | $2B | 0.5x | 5.2x | ||
| Philippine Seven Corp and its subsidiaries are mainly involved in the business of retailing, merchandising, buying, selling, marketing, importing, and exporting all kinds of grocery items, dry goods, foodstuffs, beverages, drinks, and all kinds of consumer needs and in connection therewith, operating warehouses, storage, delivery vehicles, and similar facilities. It is also engaged in the management, development, sale, exchange, and holding of investments and real estate of all kinds. It has one segment which is Store operations segment. | $1 | -30% | $812M | $939M | 0.6x | 5.3x | ||
| DigiPlus Interactive Corp is engaged in the business of leisure. The company operates in four segments: The network and license segment’s primary activity is the licensing of operators engaged in interactive gaming, as well as the establishment and setup of all the gaming infrastructures required in connection with the development, operation, and conduct of internet server, telecommunication network, gaming enterprises, and other systems facilities. The casino group is involved in arcade leasing. The retail segment which generates key revenue consists of venues providing amusements and recreation facilities. The property segment includes integrated resort operators and investment. | $0 | -80% | $783M | $486M | 0.4x | 2.1x | ||
| Wilcon Depot Inc is engaged in the home improvement retail business. The company offers products grouped into product categories namely plumbing and sanitary hardware and tools, tiles and flooring, electrical and lighting, furniture, furnishing and houseware, paints, appliances, and building materials. It has two reportable operating segment, which is the Retail consumers & Institutional accounts. The company operates and derives all its revenue from domestic operations. | $0 | -39% | $379M | $484M | 0.8x | 1.1x | ||
| A. Soriano Corp is a holding company. It operates with various business segments such as the Holding Company segment, the Resort Operations segment is involved in hotel and resort accommodation, relaxation and entertainment, and construction and sale of villas, and the Cable and Wire Manufacturing segment is engaged in manufacturing, importing, exporting, buying and selling goods, such as building wires, power cables, aluminum wires, and cables and Other operations include air transportation, hangarage, real estate holding and management, and recruitment services. The majority of its revenue comes from the Cable and Wire Manufacturing segment. | $0 | -- | $323M | ($91M) | (0.4x) | (0.9x) | ||
| Bloomberry Resorts Corp is a resorts and casinos company that owns and manages various properties. The Group has two geographical segments: Philippines and Korea. Both segments derive its revenues from operating a casino-hotel business. The company's casinos possess both gaming tables and electronic gaming machines. The company owns and operates casinos such as the Solaire Resort & Casino, Jeju Sun Hotel & Casino, and Sky Tower. It generates the vast majority of its revenue in the Philippines. | $0 | -68% | $320M | $2B | 2.0x | 8.0x | ||
| Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company, CEBGO and AirSWIFT) and the line and light maintenance business (A-Plus). The revenue of the operating segments was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and other regions, out of which the majority of the revenue is generated from the Asia (excluding Philippines). | $0 | -18% | $297M | $3B | 1.6x | 4.9x | ||
| The Philippine Stock Exchange Inc is a Philippines-based stock corporation. The company's business is to provide and maintain a convenient and suitable market for the exchange, purchase, and sale of all types of securities and other instruments. The company provides trading, clearing, depository, and information services for the equity market. It also operates activities of clearance and settlement agencies through its wholly-owned subsidiaries. The sources of revenue mainly consist of listing-related fees for initial public offerings, annual listing maintenance membership, transactions, data feeds, and miscellaneous fees. | $3 | +3% | $285M | $224M | 4.9x | 7.1x | ||
| GMA Network Inc is a media broadcasting company. The company has three operating segments namely, Television and Radio airtime, International Subscription, and Other Businesses. Its television and Radio segment is engaged in broadcasting activities and the sale of national and regional advertising time. The International Subscription segment is engaged in subscription arrangements with international cable companies and the Other Businesses segment includes movie production, consumer products, and other services. Geographically, it operates in the Philippines and other countries, of which a majority of the revenue is derived from the Philippines. | $0 | -7% | $271M | $286M | 1.0x | 4.4x | ||
| PhilWeb Corp is a gaming technology provider in the Asia Pacific Region. The company's purpose is to develop, design, build, operate, and manage gaming systems, applications, and operating platforms and facilities. The company products include e-Games, BigGame Inc, and Sports Betting. | $0 | +329% | $254M | $258M | 24.1x | (217.8x) | ||
| COL Financial Group Inc together with its subsidiary provides online financial services in the Philippines. Its proprietary online trading platform, provides real-time market information and execution, investing tools and functionalities, and stock market research and analysis. Its operating segment is stock brokerage services and others. The company generates maximum revenue from the stock brokerage services segment. Geographically, it derives a majority of its revenue from the Philippines. | $0 | -18% | $126M | ($62M) | (3.2x) | (5.6x) | ||
| Megawide Construction Corp is a construction group with operations in the Philippines. The company's operating segments include Construction Operations and Landport Operations. Services and Real Estate Development. Construction operations principally refer to construction activities, such as construction works of residential, mixed-used building, commercial, and infrastructure establishments, sale of construction materials, and rental of construction equipment, and the majority of its revenue is generated from Construction operations. | $0 | +56% | $105M | $518M | 1.8x | 7.4x | ||
| ABS-CBN Corp is one of the media companies in the Philippines. It operates national television networks, radio channels, and international television channels. The company's operating segment includes Content Production and Distribution and Cable and Broadband. It generates maximum revenue from the Content Production and Distribution segment. Geographically, it derives a majority of revenue from the Philippines. | $0 | -41% | $40M | $225M | 0.9x | (41.5x) | ||
| Waterfront Philippines Inc is an investment holding company for hotel, leisure, and tourism businesses. The company holds equity interests in hotels and resorts, a fitness gym, and entities engaged in the international marketing and promotion of casinos. The group’s operating businesses are organized and managed separately according to hotel property location, with each segment representing a strategic business unit. Its segments are WCCCHI, WMCHI, DIHCI, Parent Company and Others, and APHC and Subsidiaries. The majority is from the WCCCHI segment. | $0 | +12% | $20M | $57M | 1.8x | 1.4x | ||
| Median | $0 | -15% | $2B | $2B | 1.8x | 6.0x |
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