Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₱3.00, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 5x in the Real Estate industry in Philippines. Total returns to shareholders of 134% over the past three years. Declared Dividend • Jul 31
Dividend increased to ₱0.15 Dividend of ₱0.15 is 28% higher than last year. Ex-date: 18th August 2026 Payment date: 11th September 2026 Dividend yield will be 5.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but not covered by cash flows (330% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 41% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Jul 29
Rockwell Land Corporation Announces Regular Dividend, Payable on or Before September 11, 2026 Rockwell Land Corporation announced Cash dividend of PHP 0.1547 per share to all common shareholders. Payable on or before September 11, 2026. Date of Approval by Board of Directors: July 29, 2026. Record date: August 19, 2026. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₱2.60, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 5x in the Real Estate industry in Philippines. Total returns to shareholders of 121% over the past three years. Recent Insider Transactions • Jul 01
Insider recently bought ₱1.3m worth of stock On the 26th of June, Davy Tan bought around 600k shares on-market at roughly ₱2.23 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱2.5m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 20
Executive VP recently bought ₱535k worth of stock On the 17th of June, Ellen Almodiel bought around 239k shares on-market at roughly ₱2.24 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Ellen's only on-market trade for the last 12 months. Ankündigung • Jun 03
Rockwell Land Corporation Announces Board and Committees Appointments Rockwell Land Corporation at its annual stockholders' meeting held on June 2, 2026 approved to appoint Ms. Perla R. Catahan as independent director and Lawrence B. David as Senior Vice President, Project Development. The following are the composition of committees: Audit Committee: Perla R. Catahan- Chairman; Roberto L. Panlilio- Member; Francis Giles B. Puno- Member. Risk Oversight Committee: Emmanuel S. de Dios - Chairman; Roberto L. Panlilio- Member; Perla R. Catahan- Member; Benjamin R. Lopez - Member; Jose Valentin A. Pantangco Jr. - Member. Related Party Transactions Committee: Roberto L. Panlilio- Chairman; Emmanuel S. de Dios - Member; Perla R. Catahan- Member; Federico R. Lopez- Member; Miguel Ernesto L. Lopez- Member. Corporate Governance Committee: Roberto L. Panlilio- Chairman; Emmanuel S. de Dios - Member; Perla R. Catahan- Member; Nestor J. Padilla- Member; Roberta L. Feliciano- Member; Miguel Ernesto L. Lopez- Member. Reported Earnings • Apr 16
Full year 2025 earnings released: EPS: ₱0.77 (vs ₱0.61 in FY 2024) Full year 2025 results: EPS: ₱0.77 (up from ₱0.61 in FY 2024). Revenue: ₱20.9b (up 6.8% from FY 2024). Net income: ₱4.73b (up 28% from FY 2024). Profit margin: 23% (up from 19% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 18% per year. Ankündigung • Mar 27
Rockwell Land Corporation, Annual General Meeting, Jun 02, 2026 Rockwell Land Corporation, Annual General Meeting, Jun 02, 2026, at 10:00 W. Australia Standard Time. Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: ₱0.20 (vs ₱0.14 in 3Q 2024) Third quarter 2025 results: EPS: ₱0.20 (up from ₱0.14 in 3Q 2024). Revenue: ₱5.36b (up 7.0% from 3Q 2024). Net income: ₱1.21b (up 42% from 3Q 2024). Profit margin: 23% (up from 17% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 27
Now 24% overvalued Over the last 90 days, the stock has fallen 19% to ₱1.76. The fair value is estimated to be ₱1.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ₱0.19 (vs ₱0.20 in 2Q 2024) Second quarter 2025 results: EPS: ₱0.19 (down from ₱0.20 in 2Q 2024). Revenue: ₱5.19b (up 5.2% from 2Q 2024). Net income: ₱1.14b (down 6.1% from 2Q 2024). Profit margin: 22% (down from 25% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 31
Upcoming dividend of ₱0.12 per share Eligible shareholders must have bought the stock before 06 August 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 18% and the cash payout ratio is 96%. Trailing yield: 4.7%. Lower than top quartile of Filipino dividend payers (6.0%). Higher than average of industry peers (2.6%). Declared Dividend • Jul 17
Dividend increased to ₱0.12 Dividend of ₱0.12 is 19% higher than last year. Ex-date: 6th August 2025 Payment date: 2nd September 2025 Dividend yield will be 5.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Jul 16
Rockwell Land Corporation announces Annual dividend, payable on September 02, 2025 Rockwell Land Corporation announced Annual dividend of PHP 0.1212 per share payable on September 02, 2025, ex-date on August 06, 2025 and record date on August 07, 2025. Ankündigung • May 29
Rockwell Land Corporation Announces Board and Committee Changes Rockwell Land Corporation at its AGM held on May 28, 2025, approved the appointment of Roberto L. Panlilio as Independent Director. The company announced outgoing independent director Mr. Oscar J. Hilado. Audit Committee: Monico V. Jacob- Chairman, Roberto L. Panlilio- Member and Francis Giles B. Puno- Member. Risk Oversight Committee: Emmanuel S. de Dios- Chairman, Monico V. Jacob- Member, Roberto L. Panlilio- Member, Benjamin R. Lopez – Member and Jose Valentin A. Pantangco Jr.- Member. Related Party Transactions Committee: Roberto L. Panlilio- Chairman, Monico V. Jacob- Member, Emmanuel S. de Dios- Member, Federico R. Lopez- Member and Miguel Ernesto L. Lopez- Member. Corporate Governance Committee: Roberto L. Panlilio- Chairman, Monico V. Jacob- Member, Emmanuel S. de Dios- Member, Nestor J. Padilla-member, Roberta L. Feliciano-member and Miguel Ernesto L, Lopez-member. Reported Earnings • Apr 16
Full year 2024 earnings released: EPS: ₱0.61 (vs ₱0.51 in FY 2023) Full year 2024 results: EPS: ₱0.61 (up from ₱0.51 in FY 2023). Revenue: ₱20.1b (up 22% from FY 2023). Net income: ₱3.71b (up 19% from FY 2023). Profit margin: 19% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Ankündigung • Mar 27
Rockwell Land Corporation, Annual General Meeting, May 28, 2025 Rockwell Land Corporation, Annual General Meeting, May 28, 2025, at 10:00 W. Australia Standard Time. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ₱0.14 (vs ₱0.16 in 3Q 2023) Third quarter 2024 results: EPS: ₱0.14 (down from ₱0.16 in 3Q 2023). Revenue: ₱5.13b (up 14% from 3Q 2023). Net income: ₱852.0m (down 12% from 3Q 2023). Profit margin: 17% (down from 21% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ₱0.20 (vs ₱0.16 in 2Q 2023) Second quarter 2024 results: EPS: ₱0.20 (up from ₱0.16 in 2Q 2023). Revenue: ₱5.01b (up 22% from 2Q 2023). Net income: ₱1.21b (up 27% from 2Q 2023). Profit margin: 24% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 10
Upcoming dividend of ₱0.10 per share Eligible shareholders must have bought the stock before 15 August 2024. Payment date: 11 September 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Filipino dividend payers (6.5%). Higher than average of industry peers (1.8%). Declared Dividend • Jul 27
Dividend increased to ₱0.10 Dividend of ₱0.10 is 35% higher than last year. Ex-date: 15th August 2024 Payment date: 11th September 2024 Dividend yield will be 6.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: ₱0.12 (vs ₱0.098 in 1Q 2023) First quarter 2024 results: EPS: ₱0.12 (up from ₱0.098 in 1Q 2023). Revenue: ₱3.88b (up 21% from 1Q 2023). Net income: ₱734.0m (up 22% from 1Q 2023). Profit margin: 19% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Apr 17
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₱19m (US$323k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 9.6% per year over the past 5 years. Revenue is less than US$1m (₱19m revenue, or US$323k). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 136x cash flows per share). Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: ₱0.51 (vs ₱0.38 in FY 2022) Full year 2023 results: EPS: ₱0.51. Revenue: ₱18.5m (down 100% from FY 2022). Net income: ₱3.11m (down 100% from FY 2022). Profit margin: 17% (up from 15% in FY 2022). The increase in margin was driven by lower expenses. Ankündigung • Apr 04
Rockwell Land Corporation, Annual General Meeting, May 29, 2024 Rockwell Land Corporation, Annual General Meeting, May 29, 2024, at 10:00 Singapore Standard Time. Agenda: To consider the approval of the minutes of the June 14, 2023 Stockholders' meeting; to consider reports of the chairman and the president; to consider the approval /ratification of the December 31, 2023 reports and the audited financial statements; to consider the ratification of the acts of the board and management; and to consider other matters. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: ₱0.16 (vs ₱0.11 in 3Q 2022) Third quarter 2023 results: EPS: ₱0.16 (up from ₱0.11 in 3Q 2022). Revenue: ₱5.03b (up 17% from 3Q 2022). Net income: ₱964.0m (up 39% from 3Q 2022). Profit margin: 19% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: ₱0.16 (vs ₱0.13 in 2Q 2022) Second quarter 2023 results: EPS: ₱0.16 (up from ₱0.13 in 2Q 2022). Revenue: ₱4.64b (up 14% from 2Q 2022). Net income: ₱959.0m (up 23% from 2Q 2022). Profit margin: 21% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 10
Upcoming dividend of ₱0.075 per share at 4.9% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 18 September 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Filipino dividend payers (5.3%). Higher than average of industry peers (1.4%). Reported Earnings • Apr 19
Full year 2022 earnings released: EPS: ₱0.38 (vs ₱0.27 in FY 2021) Full year 2022 results: EPS: ₱0.38 (up from ₱0.27 in FY 2021). Revenue: ₱16.5b (up 49% from FY 2021). Net income: ₱2.30b (up 40% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Buying Opportunity • Jan 30
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ₱1.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 18%. Ankündigung • Jan 14
Rockwell Land Corporation Announces Demise of Manuel M. Lopez, Chairman Rockwell Land Corporation announced that the company's Chairman, Ambassador Manuel M. Lopez passed away January 12, 2023. He was the Chairman of the board since 1995 and is also the Chairman of the Nominations and Elections Committee/Corporate Governance Committee since 2012. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Albert Del Rosario was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Oct 06
Upcoming dividend of ₱0.054 per share Eligible shareholders must have bought the stock before 13 October 2022. Payment date: 14 November 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₱1.25, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 8x in the Real Estate industry in Philippines. Total loss to shareholders of 43% over the past three years. Recent Insider Transactions • Aug 25
Chairman Emeritus recently sold ₱154k worth of stock On the 18th of August, Oscar Lopez sold around 119k shares on-market at roughly ₱1.29 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱115k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 15% share price gain to ₱1.51, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 8x in the Real Estate industry in Philippines. Total loss to shareholders of 32% over the past three years. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Albert Del Rosario was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS ₱0.03 (vs ₱0.02 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₱2.09b (down 6.5% from 3Q 2020). Net income: ₱186.0m (up 36% from 3Q 2020). Profit margin: 8.9% (up from 6.1% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Oct 11
Upcoming dividend of ₱0.035 per share Eligible shareholders must have bought the stock before 18 October 2021. Payment date: 17 November 2021. Trailing yield: 2.3%. Lower than top quartile of Filipino dividend payers (4.2%). Higher than average of industry peers (0.7%). Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ₱0.12 (vs ₱0.008 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱3.43b (up ₱2.97b from 2Q 2020). Net income: ₱725.0m (up ₱772.4m from 2Q 2020). Profit margin: 21% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 03
Rockwell Land Corporation Plans to Expand Its Presence with the Launch of Two Flag Ship Projects in Angeles, Pampanga and Bacolod Rockwell Land Corporation announced its plans to expand its presence with the launch of two flag ship projects in angeles, pampanga and bacolod. Rockwell land also shared the launches of other majaior projects this year, including sillion building at 32 sanson in cebu, the villas at aruga resort and residences- Mactan phase 2, terreno south phase 3 in lipa, batangas, nara residences lots in bacolod, the arton east tower in katipunan, quezon city and the balmori in rockwell center, makati. Reported Earnings • May 11
Full year 2020 earnings released: EPS ₱0.18 (vs ₱0.48 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₱10.7b (down 23% from FY 2019). Net income: ₱1.08b (down 64% from FY 2019). Profit margin: 10.0% (down from 21% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year. Is New 90 Day High Low • Feb 19
New 90-day low: ₱1.42 The company is down 9.0% from its price of ₱1.56 on 20 November 2020. The Filipino market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 29
New 90-day low: ₱1.50 The company is down 1.0% from its price of ₱1.52 on 30 October 2020. The Filipino market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ₱1.63 The company is up 7.0% from its price of ₱1.52 on 11 September 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 32% over the same period. Reported Earnings • Nov 19
Third quarter 2020 earnings released: EPS ₱0.02 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₱2.23b (down 42% from 3Q 2019). Net income: ₱136.6m (down 86% from 3Q 2019). Profit margin: 6.1% (down from 26% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 05
Upcoming Dividend of ₱0.048 Per Share Will be paid on the 10th of November to those who are registered shareholders by the 12th of October. The trailing yield of 5.5% is in the top quartile of Filipino dividend payers (4.6%), and it is higher than industry peers (1.7%). Is New 90 Day High Low • Sep 30
New 90-day low: ₱1.37 The company is down 15% from its price of ₱1.61 on 02 July 2020. The Filipino market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 11% over the same period. Ankündigung • Sep 24
Rockwell Land Corporation Announces Resignation of Eugenio L. Lopez III as Director of the Corporation Rockwell Land Corporation announced the resignation of Mr. Eugenio L. Lopez III, as a director of the Corporation. Mr. Eugenio Lopez III resigned for personal reasons, effective from September 24, 2020. 
