Sector: Real Estate
PH_SMPH
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: connector/market_inputs
Monetary columns are in B PHP, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB PHP | Operating profitB PHP | D&AB PHP | EBITDAB PHP | Net profitB PHP | Operating CFB PHP | Capex + M&AB PHP | AssetsB PHP | EquityB PHP | ROE (annualized) | Net debtB PHP | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | PARTIAL | 33.7 y/y 0.9% | 14.4 y/y -0.0% | 4.1 y/y 8.0% | 18.4 y/y 1.7% | 11.9 y/y 0.0% | 19.9 | -12.9 | 1110.9 y/y 6.1% | 478.3 y/y 6.9% | 10.0% | 387.3 | Link |
| 2025-12-31 | Q4 2025 (3M) | OK | 38.1 y/y -7.6% | 15.0 y/y -0.3% | 4.0 y/y 3.1% | 19.1 y/y 0.4% | 11.6 y/y -1.2% | 21.8 | -22.7 | 1093.9 y/y 7.3% | 469.1 y/y 7.5% | 10.7% | 395.1 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 35.9 y/y 0.9% | 15.7 y/y 7.6% | 3.9 y/y 2.3% | 19.6 y/y 6.5% | 12.8 y/y 8.2% | 19.3 | -22.4 | 1078.3 y/y 8.0% | 457.3 y/y 7.4% | 3.8% | 386.6 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 36.0 y/y 6.1% | 15.9 y/y -3.0% | 3.8 y/y 3.8% | 19.7 y/y -1.8% | 12.8 y/y 10.3% | 16.0 | -19.1 | 1050.9 y/y 7.6% | 446.0 y/y 8.6% | 11.5% | 379.1 | Link |
| 2025-03-31 | Q1 2025 (3M) | PARTIAL | 33.4 y/y 8.8% | 14.4 y/y -2.2% | 3.8 y/y 4.2% | 18.1 y/y -1.0% | 11.9 y/y 13.4% | 17.8 | -16.0 | 1047.0 y/y 9.1% | 447.6 y/y 8.8% | 10.7% | 358.8 | Link |
| 2024-12-31 | Q4 2024 (3M) | OK | 41.2 y/y — | 15.1 y/y — | 3.9 y/y — | 19.0 y/y — | 11.8 y/y — | 15.5 | -19.4 | 1019.4 y/y — | 436.2 y/y — | 10.8% | 358.7 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 35.6 y/y 8.8% | 14.6 y/y -6.2% | 3.8 y/y 13.3% | 18.4 y/y -2.7% | 11.8 y/y 10.6% | 17.6 | -16.3 | 998.8 y/y 7.1% | 425.7 y/y 9.2% | 3.8% | 346.3 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 34.0 y/y 8.8% | 16.4 y/y 8.1% | 3.7 y/y 10.2% | 20.1 y/y 8.5% | 11.6 y/y 16.0% | 16.9 | -15.0 | 977.0 y/y 6.9% | 410.8 y/y 8.6% | 11.3% | 349.5 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 30.7 y/y — | 14.7 y/y — | 3.6 y/y — | 18.3 y/y — | 10.5 y/y — | 17.3 | -15.1 | 959.4 y/y — | 411.5 y/y — | 10.3% | — | Link |
| 2023-12-31 | Q4 2023 (3M) | OK | 35.5 y/y — | 16.8 y/y — | 3.6 y/y — | 20.4 y/y — | 9.9 y/y — | 17.2 | 0.5 | 943.3 y/y — | 398.9 y/y — | 10.0% | — | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 32.7 y/y — | 15.6 y/y — | 3.4 y/y — | 18.9 y/y — | 10.7 y/y — | 5.9 | -2.5 | 932.6 y/y — | 390.0 y/y — | 3.7% | — | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 31.2 y/y — | 15.1 y/y — | 3.4 y/y — | 18.5 y/y — | 10.0 y/y — | 13.2 | -13.3 | 914.1 y/y — | 378.3 y/y — | — | — | Link |
Quarterly values (₱ mln)
Year-over-year change
FCF (₱ mln)
Net debt / cash (₱ mln)
Value the company creates per year, as a % of market cap
Value created per year: -2.9%
| 1. EBITDA growth (latest quarter YoY, annualised) [EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-03-31 vs 2025-03-31) = (18 448 − 18 146) × 4.17 | 1 256 |
| 2. Current EV/EBITDA (LTM) (Market cap + Net debt) ÷ EBITDA (LTM) = (518 822 + 387 344) ÷ 76 836 | 11.8x |
| 3. Target multiple (Current EV/EBITDA + 10) ÷ 2 = (11.8 + 10) ÷ 2 | 10.9x |
| 4. Cash flow (balance method, LTM) Net-debt reduction + dividends + buybacks − equity issuance = -28 571 + 0 + 0 − 0 | -28 571 |
| 5. Value created per year (EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap = (1 256 × 10.9 + -28 571) ÷ 518 822 | -2.9% |
Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.
Caveats:
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Investor reporting (IR): https://smprime.com/disclosures/
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of SM Prime Holdings (SMPH) — from primary filings.
SM Prime Holdings is a Philippine real estate company that develops, operates, and leases shopping malls, residential condominiums, and office buildings. It also manages hotels and convention centers, primarily in the Philippines.