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

GINEBRA SAN MIGUEL INC. (GSMI PM): Slight Stalling of Growth >35% ROCE and 7.4% Yield Intact

Shortlist of High Conviction Philippines Equity Ideas - August 2026

ICT Svcs, Inc. (ICTSI PM) Q2 FY26 Results: MICT and VICT Concession Renewals and +20% Growth

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

Philippine Stock Exchange / Equity Bottom-Up

<ul>
<li>We established metrics focused on high ROCE, sustainable 10-15% YoY CAGR, robust balance sheets, and prudent capital allocation: essential elements for identifying potential multibagger opportunities in the Philippines.</li>
<li>Our top picks are: <a href="https://www.smartkarma.com/entities/ginebra-san-miguel-inc" target="_blank" data-smartkarma-citation="entities:23029:1" rel="noopener">Ginebra San Miguel (GSMI PM)</a>, <a href="https://www.smartkarma.com/entities/keepers-holdings-inc" target="_blank" data-smartkarma-citation="entities:23003:1" rel="noopener">Keepers (KEEPR PM)</a>, <a href="https://www.smartkarma.com/entities/international-container-terminal-services-inc" target="_blank" data-smartkarma-citation="entities:20001:1" rel="noopener">International Container Terminal Services (ICT PM)</a>, and <a href="https://www.smartkarma.com/entities/philippine-stock-exchange-inc" target="_blank" data-smartkarma-citation="entities:23182:1" rel="noopener">Philippine Stock Exchange (PSE PM)</a> </li>
<li>With 3QFY26 earnings around the corner, we believe Philippine consumer discretionary stocks will be affected by inflationary concerns, but we still expect resilient margins.</li>
</ul>


We established metrics focused on high ROCE, sustainable 10-15% YoY CAGR, robust balance sheets, and prudent capital allocation: essential elements for identifying potential multibagger opportunities in the Philippines.
Our top picks are: Ginebra San Miguel (GSMI PM), Keepers (KEEPR PM), International Container Terminal Services (ICT PM), and Philippine Stock Exchange (PSE PM) 
With 3QFY26 earnings around the corner, we believe Philippine consumer discretionary stocks will be affected by inflationary concerns, but we still expect resilient margins.


International Container Terminal Services (ICT PM)

International Container Terminal Services

Shortlist of High Conviction Philippines Equity Ideas - October 2026