First Pacific Co (0142) AI Stock Analysis

• Market Cap: HK$26.51B
• Dividend Yield: 4.23%
• Average Volume (3M): 4.21M
• Price to Earnings (P/E): 4.8
• Beta (1Y): 0.16
• Revenue Growth: -0.42%
• EPS Growth: 63.60%
• Country: HK
• Employees: 105,570
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.68
• Shares Outstanding: 4,260,206,000
• 10 Day Avg. Volume: 3,867,510
• 30 Day Avg. Volume: 4,207,898
• PEG Ratio: 0.25
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 0.24
• P/FCF Ratio: 6.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: HK$7.00 ▲(9.89% Upside)

First Pacific Co's overall stock score of 76 reflects its strong financial performance, particularly in profitability and cash flow generation, despite high leverage. The stock's valuation is attractive with a low P/E ratio and high dividend yield. The recent earnings call highlighted positive growth and strategic investments, although some challenges remain. Technical indicators suggest a neutral trend, with no significant bullish or bearish signals.

First Pacific Co Business Overview & Revenue Model

Company Description

First Pacific Co. (0142) is a Hong Kong-based investment and management company with a diverse portfolio primarily focused on telecommunications, infrastructure, consumer products, and natural resources. Established in 1981, First Pacific operates in various sectors, leveraging its strategic investments to drive growth and enhance shareholder value. The company is known for its ownership stakes in prominent businesses such as PLDT Inc. in telecommunications and Indofood Sukses Makmur in consumer products, among others.

How the Company Makes Money

First Pacific Co. generates revenue through a combination of dividends from its investments, management fees, and direct operational income from its subsidiaries. The primary revenue streams include telecommunications services through PLDT, which provides a range of communication solutions, and consumer goods from Indofood, which produces a wide array of food products. Additionally, First Pacific benefits from infrastructure investments that yield returns through service contracts and project financing. The company's strategic partnerships and joint ventures enhance its market presence and profitability, enabling it to capitalize on emerging opportunities in various industries.

First Pacific Co Financial Statement Overview

Summary

First Pacific Co demonstrates solid financial health with strong profitability and cash flow generation. While revenue growth has been positive historically, the recent decline requires attention. The company's balance sheet indicates high leverage, which may pose risks, but its strong return on equity and cash flow performance are positive indicators. Continued focus on managing debt levels and reversing the revenue dip will be key to maintaining financial stability.

Income Statement

The company has shown consistent revenue growth over the years, with a recent slight decline. Gross profit margin remains healthy at approximately 36.3% in 2024, indicating solid cost management. Net income and EBIT margins have improved, standing at 6.0% and 22.2% respectively, reflecting enhanced profitability. However, there was a recent drop in revenue from 2023 to 2024, which needs monitoring.

Balance Sheet

The balance sheet shows moderate leverage, with a debt-to-equity ratio of about 3.19 in 2024, which is relatively high and poses some risk. The equity ratio is 13.7%, indicating a moderate level of equity financing. Return on equity improved to 15.3%, suggesting efficient use of equity capital. However, the high debt levels could be a concern if not managed properly.

Cash Flow

Cash flow from operations is strong, indicating good cash generation capability. The operating cash flow to net income ratio is approximately 2.9, showing efficient conversion of profits into cash. Free cash flow has also grown significantly, reflecting improved capital efficiency. However, the high capital expenditures in previous years could limit future cash flow if not controlled.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.09B	10.06B	10.51B	10.30B	9.10B	7.13B
Gross Profit	3.70B	3.65B	3.37B	3.06B	2.83B	2.31B
EBITDA	2.69B	2.61B	2.85B	2.16B	1.79B	1.56B
Net Income	713.70M	600.30M	501.20M	391.60M	244.50M	132.50M
Balance Sheet
Total Assets	29.98B	28.68B	27.36B	25.49B	26.57B	26.94B
Cash, Cash Equivalents and Short-Term Investments	4.19B	3.92B	3.37B	2.68B	3.41B	2.38B
Total Debt	12.92B	12.62B	11.71B	11.22B	11.13B	10.71B
Total Liabilities	17.59B	16.75B	15.79B	15.13B	15.95B	16.32B
Stockholders Equity	4.32B	3.93B	3.69B	3.30B	3.30B	3.14B
Cash Flow
Free Cash Flow	1.39B	388.10M	526.60M	1.12B	872.50M	660.60M
Operating Cash Flow	1.91B	1.75B	1.73B	1.42B	1.25B	1.04B
Investing Cash Flow	-1.60B	-1.63B	-1.48B	-2.01B	-730.50M	-2.95B
Financing Cash Flow	199.30M	466.90M	88.00M	75.30M	305.40M	1.57B

First Pacific Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.37
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0142, the sentiment is Negative. The current price of 6.37 is above the 20-day moving average (MA) of 6.32, below the 50-day MA of 6.41, and above the 200-day MA of 5.40, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 43.80 is Neutral, neither overbought nor oversold. The STOCH value of 41.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0142.

First Pacific Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0142	―	HK$26.51B	4.76	17.92%	4.23%	-0.42%	63.60%
0322	―	$61.27B	13.66	32.58%	6.32%	-1.68%	22.06%
0151	―	$62.08B	13.27	25.49%	3.17%	-1.37%	7.96%
0288	―	$93.53B	7.43	15.40%	7.97%	5.98%	62.13%
Sector *	―	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
1610	―	HK$7.56B	11.60	6.29%	―	100.45%	2.89%
2319	―	$54.94B	―	-0.74%	3.92%	-7.36%	-107.25%

First Pacific Co Corporate Events

Indofood Reports Strong Operational Performance Amid Currency Challenges

PT Indofood Sukses Makmur Tbk, a subsidiary of First Pacific Company Limited, reported a 5% increase in consolidated net sales to Rp90.98 trillion for the nine months ending September 2025. Despite a 10% decrease in income attributable to equity holders due to foreign exchange losses, the company achieved a 12% rise in income from operations and a 1% growth in core profit, reflecting its strong operational performance and strategic focus on organic growth and profitability.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific’s Indofood Reports Strong Nine-Month Financial Results

First Pacific Company Limited announced the unaudited consolidated financial results of its subsidiary, PT Indofood Sukses Makmur Tbk, for the nine months ended 30 September 2025. Indofood reported net sales of 90,981,090 million Rupiah, an increase from the previous year, with a gross profit of 30,260,969 million Rupiah. Despite a decrease in income for the period compared to the previous year, Indofood maintained a strong financial position, reflecting its resilience in the competitive food industry. These results were disclosed on the Indonesia Stock Exchange and the Hong Kong Stock Exchange, providing transparency to shareholders and stakeholders.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific Announces Pricing for Maynilad Spin-off on Philippine Stock Exchange

First Pacific Company Limited has announced the pricing of shares for its affiliate, Maynilad Water Services, Inc., ahead of its proposed spin-off and separate listing on the Philippine Stock Exchange. The share price has been set at PHP15, with the offer period scheduled from October 23 to October 29, 2025, and trading expected to commence on November 7, 2025. The announcement outlines the structure of the offer shares, including firm shares, reserved shares, over-allotment option shares, and upsize option shares. However, the company cautions that there is no assurance the spin-off and listing will proceed, advising shareholders and potential investors to exercise caution.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific Co Renews Indofood Group Transactions with New Annual Caps

First Pacific Co has announced the renewal of several continuing connected transactions for its subsidiary, Indofood Group, effective from January 1, 2026. These renewals cover various business segments such as plantations, distribution, flour, noodles, insurance, dairy, and packaging, with new annual caps set for 2026, 2027, and 2028. The announcement also includes a revised annual cap for 2025 for the noodles business. These renewals are significant for maintaining Indofood Group’s operational continuity and financial planning, impacting its market positioning and relationships with substantial shareholders.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific Co Reports Record Profits Amid Growth

The latest earnings call for First Pacific Co presented a generally positive outlook, marked by record recurring profits and strong performance in core holdings. The company highlighted significant growth in Maya Digital Banking and a new high in share price, despite facing challenges such as declining profit margins at Indofood and competitive pressures in the telecom market. Overall, the positive aspects, including reduced interest expenses, outweighed the negatives, creating an optimistic sentiment among stakeholders.

First Pacific Co Reports Strong Interim Financial Performance

First Pacific Co, a Bermuda-incorporated company, operates primarily in the consumer food products, telecommunications, infrastructure, and natural resources sectors across various regions including Indonesia, the Philippines, and Singapore.

First Pacific Co. Forms Nomination Committee to Strengthen Board Governance

First Pacific Company Limited has established a Nomination Committee to assist its board of directors with matters related to the appointment and removal of directors, formulating and implementing nomination policies, and addressing the influence of controlling shareholders on board composition. The committee will consist of at least three members, primarily independent non-executive directors, and will meet at least once a year to fulfill its responsibilities. This initiative aims to enhance corporate governance and ensure a balanced and diverse board, potentially impacting the company’s strategic direction and stakeholder confidence.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific Co. Strengthens Corporate Governance Framework

First Pacific Company Limited, incorporated in Bermuda, has outlined the terms of reference for its Corporate Governance Committee. This committee, primarily composed of independent non-executive directors, is tasked with overseeing the company’s corporate governance and environmental and social responsibility strategies. The committee is responsible for ensuring compliance with legal and regulatory requirements, promoting sustainability initiatives, and supporting external governance-related efforts. These measures aim to enhance the company’s governance performance and align with industry standards.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific Co Reports Strong Interim Financial Results for 2025

First Pacific Co, a company incorporated in Bermuda, has reported its unaudited interim financial results for 2025, showcasing a significant increase in profit contribution from operations by 8.2% to US$423.2 million. The company’s recurring profit rose by 10.7% to US$375.4 million, and turnover saw a slight increase of 0.7% to US$5,027.8 million. Notably, profit attributable to owners of the parent surged by 40.8% to US$391.2 million, and the basic earnings per share increased by 40.1% to U.S. 9.19 cents. The interim distribution per ordinary share has been declared at HK13.00 cents, reflecting a positive outlook for shareholders. The company’s consolidated net debt saw a marginal increase, while the gearing ratio decreased, indicating improved financial stability.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific Announces Interim Dividend for 2025

First Pacific Company Limited, a Hong Kong-based investment management and holding company, announced an interim cash dividend of HKD 0.13 per share for the six months ending June 30, 2025. The dividend is set to be paid on September 30, 2025, with a record date of September 15, 2025. This announcement reflects the company’s ongoing commitment to providing shareholder returns and may impact investor sentiment positively.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific to Review Interim Results and Distribution

First Pacific Company Limited has announced that its Board of Directors will convene on August 28, 2025, to review and approve the unaudited consolidated interim results for the first half of 2025. This meeting will also consider the potential declaration of an interim distribution. The announcement signals the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting its financial strategy and market perception.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$5.40 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific Releases PLDT’s Mid-Year Financial Results

First Pacific Company Limited announced the unaudited consolidated financial results of its major operating associate, PLDT Inc., for the six months ended June 30, 2025. PLDT reported service revenues of 106,308 million pesos, a slight increase from the previous year, while net income slightly decreased to 18,178 million pesos. The financial results were disclosed on multiple platforms, including the Philippine Stock Exchange and the New York Stock Exchange, highlighting First Pacific’s significant economic interest in PLDT. This announcement provides stakeholders with insights into PLDT’s financial performance and its impact on First Pacific’s investment portfolio.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$5.40 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

First Pacific’s Associate PLDT Releases Mid-2025 Financial Results

First Pacific Company Limited announced that its major operating associate, PLDT Inc., has filed a disclosure with the Philippine Stock Exchange regarding its unaudited consolidated financial results for the first half of 2025. This announcement is significant as it provides insights into PLDT’s financial performance, which could impact First Pacific’s investment value and influence its strategic decisions in the telecommunications sector.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$5.40 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

MPIC Reports Strong Growth in First Half of 2025

Metro Pacific Investments Corporation (MPIC), in which First Pacific holds a 49.9% interest, reported a strong financial performance for the first half of 2025, with a 20% increase in Consolidated Core Net Income to ₱15.0 billion. The growth was driven by robust performances in its power generation, water services, and hospital networks, with power contributing the largest share of Net Operating Income. The company’s reported Net Income surged by 36% due to a gain from the sale of its oil storage company, highlighting its strategic focus on sharpening growth.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$5.40 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.