Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Shortlist of High Conviction Philippines Equity Ideas - May 2026

Keepers Holdings (KEEPR PM) Q3FY25 Conference Call: Big Seasonal Q4 Jump On The Cards

Keepers Holdings (KEEPR PM): FY25 Concall Summary

Shortlist of High Conviction Philippines Equity Ideas - December 2025, And Top Pick For 2026

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li>
Revenue and Profits: Q1 FY26 revenue grew 6.1% YoY to PHP 4.3bn; net income surged 17.6% YoY to PHP 811mn on opex discipline and brand volume strength.</li>
<li>
 Booze Online Acquisition: Both parties in active discussions; AB InBev in Manila for meetings; deal expected to close H1 FY26 pending finalization of fund details and valuation.</li>
<li>
Valuation: At PHP 1.98, KEEPR trades at 7.5x FY26e PE and 4.8x FY26e EV/EBITDA, with 30% of the market cap in cash and a 6% dividend yield.</li>
</ul>



Revenue and Profits: Q1 FY26 revenue grew 6.1% YoY to PHP 4.3bn; net income surged 17.6% YoY to PHP 811mn on opex discipline and brand volume strength.

 Booze Online Acquisition: Both parties in active discussions; AB InBev in Manila for meetings; deal expected to close H1 FY26 pending finalization of fund details and valuation.

Valuation: At PHP 1.98, KEEPR trades at 7.5x FY26e PE and 4.8x FY26e EV/EBITDA, with 30% of the market cap in cash and a 6% dividend yield.


Keepers Holdings (KEEPR PM): 30% of Market Cap in Cash, 6% Yield, 7.5x PE, and Nobody's Watching

The Keepers Holdings

Keepers Holdings (KEEPR PM): 30% of Market Cap in Cash, 6% Yield, 7.5x PE, and Nobody's Watching