Added to YB: 2026-01-20
Pitch date: 2026-01-17
RFM.PS [neutral]
RFM Corporation
+10.62%
current return
Author Info
Gustav is Swedish global deep value investor. Building a portfolio of the best nano- to smallcaps I can find. Sign up for the newsletter.
Company Info
RFM Corporation engages in milling, manufacturing, and marketing food and beverage products in the Philippines and internationally.
Market Cap
PHP 18.8B
Pitch Price
PHP 5.04
Price Target
N/A
Dividend
6.93%
EV/EBITDA
5.59
P/E
12.11
EV/Sales
0.70
Sector
Food Products
Category
value
Gustav Portfolio Deep Dive: RFM Corp
RFM.PS (holding update): Philippine consumer staples at 10x P/E, 4.7x EV/EBITDA, 1.1x P/B with 9.6% FCF yield. Net cash $60M, $280M market cap. Unilever ice cream JV valued at $170M vs $220M EV, making own brands (top 1-5 positions) worth just $50M. Risks: Aice competition, JV changes, geopolitical, FX exposure.
Read full article (1 min)