Who are First Pacific's main competitors?

Named competitors: Jardine Matheson (J36.SI), CK Hutchison Holdings (0001.HK), Swire Pacific (0019.HK), Ayala Corporation (private or unlisted). The cockpit's measured peer set (sector in the same market, nearest in size) also includes Fortior Technology (Shenzhen) (1304.HK), Qinhuangdao Port (3369.HK), Xinhua Winshare Publishing & Media (0811.HK), Sany Heavy Equipment International (0631.HK), Sichuan Expressway (0107.HK), Time Interconnect Technology (1729.HK).

How has First Pacific stock performed?

Over six months to 6 Nov 2026 the shares returned -13.8% against -12.6% for the median peer; over one year -22.9%.

← CockpitCompetitor Analysis › 0142.HK First Pacific Co. Ltd.Open in the cockpit ↗

First Pacific Co. Ltd.0142.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Industrials›Food: Major Diversified

Hong Kong-listed Asian conglomerate with major stakes in Indonesian food (Indofood), Philippine telecom (PLDT) and infrastructure businesses.

≈ An Asian, Jardine Matheson-style diversified holding companyMomentum strong 62

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$2.69B

US dollars, full cap

Free float

54%

of shares outstanding

$/day

$2.98M

20-day average traded

Fwd P/E

4.1×

forward earnings

ROIC−WACC

+2.2 pp

WACC 5.0%

Hurdle

-20 pp

Req g minus delivered

Next earnings

146 days

1 Apr 2027

Close · HKDHK$4.96

1D+0.3%

1W+4.0%

1M+3.7%

3M-6.5%

6M-13.8%

YTD-16.9%

1Y-22.9%

ATR %2.3%

52w lowhigh26.5% off high

What First Pacific does

Hong Kong-listed Asian conglomerate with major stakes in Indonesian food (Indofood), Philippine telecom (PLDT) and infrastructure businesses.

Works as a holding company: its results come from its share of profits and dividends of companies it part-owns, mainly Indofood, PLDT and Metro Pacific Investments, rather than from running operations itself. Indonesia's Salim family, led by chairman Anthoni Salim, controls it.

In one line: An Asian, Jardine Matheson-style diversified holding company.

Products and services

Consumer food products (Indofood stake)
Telecom (PLDT stake)
Infrastructure/agribusiness

Customers

Indonesian/Philippine consumers and telecom subscr

Where it sits in the supply chain

Conglomerate
Diversified holding
Food, telecom, infrastructure

What could go right

Southeast Asian consumer/telecom growth

What could go wrong

Holding-company discount
Currency risk across Indonesia/Philippines

Moat: narrow (scale, brand). Large minority stakes in dominant regional franchises (Indofood in Indonesia, PLDT in the Philippines) rather than a single operating moat.

Headquarters: Hong Kong · Founded: 1981 · Employees: 108,154

Named competitors

Jardine Matheson J36.SI
CK Hutchison Holdings 0001.HK
Swire Pacific 0019.HK
Ayala Corporation private or unlisted

First Pacific at a glance

Size First Pacific (0142.HK) is a Hong Kong Industrials company (Food: Major Diversified) with a market value of $2.69B, the 368th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$4.96 on 6 Nov 2026.

Performance Over six months the shares fell 13.8%, against -12.6% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 4.6% over the last twelve months (peer median +7.2%); the operating margin is 21.6% (peer median 7.2%).

Valuation It trades at 4.1× forward earnings against a peer median of 8.9× (cheapest of 19).

Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -20 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.2 points above its cost of capital (5.0% WACC).

Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: First Pacific against the median of its 20 peers (local-currency closes).

First Pacific financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	HK$82.2B	HK$79.8B	HK$78.5B	HK$82.3B	HK$80.7B
Revenue growth	—	+2%	-5%	+2%	—
Gross profit	HK$29.2B	HK$29.0B	HK$28.4B	HK$26.3B	HK$23.8B
EBITDA	HK$21.4B	HK$21.4B	HK$20.6B	HK$19.2B	HK$17.2B
Net income	HK$4.46B	HK$5.15B	HK$4.68B	HK$3.92B	HK$3.07B
Free cash flow	HK$12.5B	HK$12.2B	HK$12.6B	HK$14.1B	HK$11.2B
Capital expenditure	HK$11.1B	HK$11.0B	HK$10.6B	HK$9.42B	HK$8.56B
Total debt	n/a	HK$102B	HK$97.7B	HK$91.0B	HK$87.9B

Quarterly statements and history in the cockpit →

First Pacific competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. First Pacific is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. First Pacific is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. First Pacific is the large dot.

First Pacific competitors and peer comparison

Head to head with its named competitors (0142.HK vs J36.SI vs 0001.HK vs 0019.HK)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
First Pacific 0142.HK	$2.69B	-14%	+5%	22%	4.1×	-12.3%
Jardine Matheson J36.SI	$17.8B	-15%	-7%	8%	8.7×	0.2%
Ckh 0001.HK	$34.3B	-2%	-2%	11%	11.3×	1.2%
Swire Pacific 0019.HK	$17.0B	+23%	+7%	12%	11.4×	6.9%

How First Pacific compares with its peers

Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

First Pacific against its 20 peers (data as of 6 Nov 2026)
Measure	0142.HK	Peer median	Rank in peer set
1-month return	+3.7%	-3.0%	5th highest of 21
6-month return	-13.8%	-12.6%	9th lowest of 20
Distance from 52-week high	-26.5%	-30.8%	9th highest of 21
Revenue growth (TTM)	+4.6%	+7.2%	8th lowest of 21
Operating margin	21.6%	7.2%	4th highest of 21
Forward P/E	4.1×	8.9×	cheapest of 19
Growth the price implies (Req g, 7 yrs)	-12.3%	1.4%	2nd least demanding of 10
Growth delivered (Del g)	+7.6%	+6.8%	4th highest of 10
Hurdle (Req g minus delivered)	-19.9 pp	-2.2 pp	2nd least demanding of 10
ROIC minus cost of capital	+2.2 pp	+1.1 pp	8th highest of 19
EV / EBITDA	7.0×	8.8×	5th cheapest of 11
Net debt / EBITDA	2.9×	-0.7×	2nd most indebted of 13

Peer table

Peer set: Sector in the same market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
First Pacific 0142.HK	Hong Kong	$2.69B	-14%	+5%	22%	4.1×	-12.3%	+7.6%
Fortior Technology (Shenzhen) 1304.HK	Hong Kong	$2.76B	-15%	+54%	25%	31.8×	n/a	n/a
Qinhuangdao Port 3369.HK	Hong Kong	$2.77B	+5%	+7%	23%	6.7×	-13.2%	+2.0%
Xinhua Winshare Publishing & Media 0811.HK	Hong Kong	$2.60B	-15%	+1%	7%	6.6×	-10.6%	+4.7%
Sany Heavy Equipment International 0631.HK	Hong Kong	$2.82B	-46%	+19%	6%	8.9×	1.4%	+26.1%
Sichuan Expressway 0107.HK	Hong Kong	$2.84B	-11%	+8%	26%	8.0×	n/a	n/a
Time Interconnect Technology 1729.HK	Hong Kong	$2.84B	-57%	+84%	7%	10.8×	n/a	n/a
Shenzhen Expressway 0548.HK	Hong Kong	$2.91B	-12%	0%	17%	9.3×	0.0%	+2.2%
T.S. Lines 2510.HK	Hong Kong	$2.48B	+38%	-4%	19%	5.8×	-6.9%	+9.8%
Jinhai Medical Technology 2225.HK	Hong Kong	$3.02B	-6%	+75%	-17%	n/a	n/a	n/a
SINOPEC Engineering (Group) 2386.HK	Hong Kong	$3.05B	-13%	+14%	2%	9.0×	n/a	n/a
AviChina Industry & Technology 2357.HK	Hong Kong	$3.11B	-13%	+2%	5%	8.1×	n/a	n/a
Chervon 2285.HK	Hong Kong	$2.32B	+103%	-6%	8%	15.7×	12.1%	+6.4%
Guangshen Railway 0525.HK	Hong Kong	$3.12B	-9%	+5%	6%	9.6×	n/a	n/a
Shenzhen Zhaowei Machinery & Electronics 2692.HK	Hong Kong	$3.16B	-52%	+5%	9%	34.8×	33.0%	+6.8%
China Communications Services 0552.HK	Hong Kong	$3.19B	-19%	0%	2%	5.7×	n/a	n/a
Pacific Basin Shipping 2343.HK	Hong Kong	$2.22B	+6%	-6%	6%	9.0×	7.9%	+7.3%
Harbin Electric 1133.HK	Hong Kong	$3.27B	-54%	+13%	7%	6.2×	n/a	n/a
Rept Battero Energy 0666.HK	Hong Kong	$2.19B	-57%	+56%	6%	10.0×	n/a	n/a
COSCO SHIPPING Ports 1199.HK	Hong Kong	$3.32B	+18%	+12%	14%	8.5×	8.7%	+10.9%
Ligent Technologies 9856.HK	Hong Kong	$2.07B	n/a	+33%	12%	n/a	n/a	n/a

Questions

Who are First Pacific's main competitors?: Named competitors: Jardine Matheson (J36.SI), CK Hutchison Holdings (0001.HK), Swire Pacific (0019.HK), Ayala Corporation (private or unlisted). The cockpit's measured peer set (sector in the same market, nearest in size) also includes Fortior Technology (Shenzhen) (1304.HK), Qinhuangdao Port (3369.HK), Xinhua Winshare Publishing & Media (0811.HK), Sany Heavy Equipment International (0631.HK), Sichuan Expressway (0107.HK), Time Interconnect Technology (1729.HK).
Is First Pacific expensive compared with its peers?: On forward p/e it trades at 4.1× against a peer median of 8.9×, cheapest of 19 in its peer set. For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -20 pp: the price already allows for a slowdown.
How has First Pacific stock performed?: Over six months to 6 Nov 2026 the shares returned -13.8% against -12.6% for the median peer; over one year -22.9%.