Business strategy and Visioning excellence

The stock market has only recently begun to appreciate how profound has been the impact of Ramon S. Ang’s strategic moves and his management of colossal San Miguel Corp. and Eagle Cement – the single largest, most efficient, most modern and most profitable cement company in the Philippines today.

Under RSA, during 2008 to 2013, SMC revenues were doubling every 24 months while assets were doubling every 2.5 years.

Today, San Miguel is the Philippines’ fastest-growing conglomerate, the largest in annual revenues, profits, and diversity of businesses.

In terms of EBITDA (earnings before interest, taxes, depreciation and ammortization), SMC is easily valued at P600 per share, which implies that the country’s largest corporation in sales and profits is actually worth P1.4 trillion in terms of the value of its cash flow earnings.

In the 12-month period ending Nov. 7, the share price of San Miguel Corp. rose between 42 percent and 55 percent.

RSA’s rise to enormous wealth seems to cap his nearly half century of entrepreneurship and deal-making. Still, he doesn’t seem to have even begun. Tremendous, if not unlimited, prospects are clearly ahead for SMC.