View Past PerformanceJG Summit Holdings バランスシートの健全性財務の健全性 基準チェック /46JG Summit Holdingsの総株主資本は₱416.2B 、総負債は₱303.5Bで、負債比率は72.9%となります。総資産と総負債はそれぞれ₱989.1Bと₱572.9Bです。 JG Summit Holdingsの EBIT は₱67.9Bで、利息カバレッジ比率5.2です。現金および短期投資は₱77.4Bです。主要情報72.93%負債資本比率₱303.53b負債インタレスト・カバレッジ・レシオ5.2x現金₱77.44bエクイティ₱416.20b負債合計₱572.85b総資産₱989.05b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 15JG Summit Holdings, Inc. to Report Q1, 2026 Results on May 13, 2026JG Summit Holdings, Inc. announced that they will report Q1, 2026 results on May 13, 2026お知らせ • May 14JG Summit Holdings, Inc. announces Annual dividend, payable on June 10, 2026JG Summit Holdings, Inc. announced Annual dividend of PHP 0.4500 per share payable on June 10, 2026, ex-date on May 28, 2026 and record date on May 29, 2026.New Risk • Mar 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings are forecast to decline by an average of 13% per year for the foreseeable future.Reported Earnings • Mar 29Full year 2025 earnings released: EPS: ₱4.81 (vs ₱2.89 in FY 2024)Full year 2025 results: EPS: ₱4.81 (up from ₱2.89 in FY 2024). Revenue: ₱368.6b (down 2.6% from FY 2024). Net income: ₱36.2b (up 67% from FY 2024). Profit margin: 9.8% (up from 5.7% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Mar 25JG Summit Holdings, Inc., Annual General Meeting, May 15, 2026JG Summit Holdings, Inc., Annual General Meeting, May 15, 2026, at 14:30 W. Australia Standard Time.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ₱0.50 (vs ₱0.40 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.50 (up from ₱0.40 in 3Q 2024). Revenue: ₱83.5b (down 6.3% from 3Q 2024). Net income: ₱3.79b (up 26% from 3Q 2024). Profit margin: 4.5% (up from 3.4% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Major Estimate Revision • Sep 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₱377.4b to ₱365.4b. EPS estimate also fell from ₱3.10 per share to ₱2.75 per share. Net income forecast to grow 16% next year vs 9.1% growth forecast for Industrials industry in Philippines. Consensus price target broadly unchanged at ₱30.63. Share price was steady at ₱24.00 over the past week.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: ₱1.41 (vs ₱0.60 in 2Q 2024)Second quarter 2025 results: EPS: ₱1.41 (up from ₱0.60 in 2Q 2024). Revenue: ₱95.9b (up 5.0% from 2Q 2024). Net income: ₱10.7b (up 140% from 2Q 2024). Profit margin: 11% (up from 4.9% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Price Target Changed • Jun 10Price target decreased by 11% to ₱31.30Down from ₱35.10, the current price target is an average from 5 analysts. New target price is 71% above last closing price of ₱18.26. Stock is down 37% over the past year. The company is forecast to post earnings per share of ₱2.86 for next year compared to ₱2.89 last year.Major Estimate Revision • May 22Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₱2.70 to ₱2.16 per share. Revenue forecast steady at ₱380.5b. Net income forecast to grow 35% next year vs 1.6% growth forecast for Industrials industry in Philippines. Consensus price target down from ₱36.50 to ₱35.10. Share price rose 9.0% to ₱19.20 over the past week.お知らせ • May 16JG Summit Holdings, Inc. Appoints Antonio Jose U. Periquet, Jr as New Independent DirectorJG Summit Holdings, Inc. announced that at its AGM held on May 15, 2025, the shareholders approved that Mr. Antonio Jose U. Periquet, Jr., the newly elected Independent Director of JGS, owns 1,000 shares of JGS stock.Declared Dividend • May 16Dividend of ₱0.42 announcedDividend of ₱0.42 is the same as last year. Ex-date: 29th May 2025 Payment date: 11th June 2025 Dividend yield will be 2.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (14% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • May 15JG Summit Holdings, Inc. announces Annual dividend, payable on June 11, 2025JG Summit Holdings, Inc. announced Annual dividend of PHP 0.4200 per share payable on June 11, 2025, ex-date on May 29, 2025 and record date on May 30, 2025.Reported Earnings • Mar 30Full year 2024 earnings released: EPS: ₱2.98 (vs ₱2.57 in FY 2023)Full year 2024 results: EPS: ₱2.98 (up from ₱2.57 in FY 2023). Revenue: ₱379.7b (up 10% from FY 2023). Net income: ₱22.4b (up 16% from FY 2023). Profit margin: 5.9% (up from 5.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.お知らせ • Mar 13JG Summit Holdings, Inc., Annual General Meeting, May 15, 2025JG Summit Holdings, Inc., Annual General Meeting, May 15, 2025, at 14:30 W. Australia Standard Time.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₱18.42, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Industrials industry in Philippines. Total loss to shareholders of 70% over the past three years.Price Target Changed • Jan 23Price target decreased by 8.6% to ₱36.30Down from ₱39.70, the current price target is an average from 5 analysts. New target price is 106% above last closing price of ₱17.60. Stock is down 54% over the past year. The company is forecast to post earnings per share of ₱2.46 for next year compared to ₱2.57 last year.Major Estimate Revision • Jan 10Consensus revenue estimates increase by 13%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₱315.5b to ₱355.9b. EPS estimate fell from ₱3.14 to ₱2.76. Net income forecast to shrink 8.3% next year vs 3.5% growth forecast for Industrials industry in Philippines . Consensus price target of ₱37.88 unchanged from last update. Share price fell 6.8% to ₱19.58 over the past week.Major Estimate Revision • Dec 18Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₱365.8b to ₱315.5b. EPS estimate fell from ₱3.23 to ₱3.14 per share. Net income forecast to shrink 2.2% next year vs 3.9% growth forecast for Industrials industry in Philippines . Consensus price target down from ₱40.13 to ₱37.88. Share price fell 5.4% to ₱19.72 over the past week.お知らせ • Dec 04JG Summit Holdings, Inc. Appoints Ma. Cristina Bellafor P. Alvarez as Chief Digital OfficerJG Summit Holdings, Inc. announced Appointment of Ms. Ma. Cristina Bellafor P. Alvarez, Chief Information Officer of JG Summit Holdings, Inc. ("JGS"), as Chief Digital Officer of JGS, effective January 1, 2025. Ms. Alvarez will concurrently serve as Chief Information Officer and Chief Digital Officer of JGS.New Risk • Nov 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Large one-off items impacting financial results.Reported Earnings • Nov 14Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: ₱0.41 (down from ₱0.60 in 3Q 2023). Revenue: ₱89.1b (up 1.3% from 3Q 2023). Net income: ₱3.00b (down 34% from 3Q 2023). Profit margin: 3.4% (down from 5.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.Price Target Changed • Sep 24Price target decreased by 8.5% to ₱40.63Down from ₱44.38, the current price target is an average from 4 analysts. New target price is 51% above last closing price of ₱26.90. Stock is down 29% over the past year. The company is forecast to post earnings per share of ₱3.23 for next year compared to ₱2.57 last year.Major Estimate Revision • Aug 20Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₱3.36 to ₱3.91. Revenue forecast steady at ₱371.3b. Net income forecast to shrink 3.5% next year vs 8.1% growth forecast for Industrials industry in Philippines . Consensus price target down from ₱44.38 to ₱41.88. Share price was steady at ₱24.20 over the past week.Reported Earnings • Aug 14Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ₱0.52 (down from ₱0.67 in 2Q 2023). Revenue: ₱91.3b (up 13% from 2Q 2023). Net income: ₱4.41b (down 12% from 2Q 2023). Profit margin: 4.8% (down from 6.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.Price Target Changed • Jul 09Price target decreased by 8.5% to ₱44.38Down from ₱48.50, the current price target is an average from 4 analysts. New target price is 62% above last closing price of ₱27.40. Stock is down 38% over the past year. The company is forecast to post earnings per share of ₱3.36 for next year compared to ₱2.57 last year.お知らせ • Jun 08JG Summit Holdings, Inc. Approves the Election of Governance, Nomination, Remuneration, and Sustainability Committee (GNRSC) MembersMember of JG Summit Holdings, Inc. approved the election of Bernadine T. Siy - (Independent Director) Member of Governance, Nomination, Remuneration, and Sustainability Committee (GNRSC) and James L. Go - Advisory Member of Governance, Nomination, Remuneration, and Sustainability Committee (GNRSC) at its AGM held on June 3, 2024.Declared Dividend • May 10Dividend increased to ₱0.42Dividend of ₱0.42 is 5.0% higher than last year. Ex-date: 22nd May 2024 Payment date: 5th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 09First quarter 2024 earnings released: EPS: ₱1.46 (vs ₱0.61 in 1Q 2023)First quarter 2024 results: EPS: ₱1.46 (up from ₱0.61 in 1Q 2023). Revenue: ₱96.7b (up 18% from 1Q 2023). Net income: ₱11.0b (up 139% from 1Q 2023). Profit margin: 11% (up from 5.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • May 09JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 5, 2024The Board of Directors of JG Summit Holdings, Inc. (JGS) approved, in its regular meeting held on May 8, 2024, the declaration of a regular cash dividend in the amount of PHP 0.42 per common share from the unrestricted retained earnings of JGS as of December 31, 2023, to all stockholders of record as of May 23, 2024, and which shall be paid on June 5, 2024.お知らせ • May 08GoTyme Bank Corporation acquired SAVii New Cross Private Limited.GoTyme Bank Corporation acquired SAVii New Cross Private Limited on May 7, 2024. GoTyme Bank Corporation completed the acquisition of SAVii New Cross Private Limited on May 7, 2024.Reported Earnings • Mar 29Full year 2023 earnings released: EPS: ₱2.53 (vs ₱0.12 loss in FY 2022)Full year 2023 results: EPS: ₱2.53 (up from ₱0.12 loss in FY 2022). Revenue: ₱343.8b (up 14% from FY 2022). Net income: ₱19.0b (up ₱19.9b from FY 2022). Profit margin: 5.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Mar 21JG Summit Holdings, Inc., Annual General Meeting, Jun 03, 2024JG Summit Holdings, Inc., Annual General Meeting, Jun 03, 2024, at 13:00 Singapore Standard Time. Agenda: To consider Proof of notice of the meeting and existence of a quorum; Reading and approval of the Minutes of the Annual Meeting of the Stockholders held on May 15, 2023; Presentation of the annual report and approval of the financial statements for the preceding year; Election of Board of Directors; Appointment of External Auditor; and to discuss other matters.Reported Earnings • Nov 16Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ₱0.60 (up from ₱0.25 in 3Q 2022). Revenue: ₱87.9b (up 19% from 3Q 2022). Net income: ₱4.52b (up 139% from 3Q 2022). Profit margin: 5.1% (up from 2.6% in 3Q 2022). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Oct 11JG Summit Holdings, Inc. Announces Executive ChangesJG Summit Holdings, Inc. informed of the change in designation of Mr. Alan D. Surposa from Chief Procurement Officer to Senior Advisor - Procurement.Recent Insider Transactions • Sep 05Chief Strategy Officer recently bought ₱1.9m worth of stockOn the 1st of September, Michael Liwanag bought around 53k shares on-market at roughly ₱36.90 per share. This transaction increased Michael's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱112m more in shares than they have sold in the last 12 months.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ₱0.67 (vs ₱0.062 loss in 2Q 2022)Second quarter 2023 results: EPS: ₱0.67 (up from ₱0.062 loss in 2Q 2022). Revenue: ₱81.1b (flat on 2Q 2022). Net income: ₱5.03b (up ₱5.50b from 2Q 2022). Profit margin: 6.2% (up from net loss in 2Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year.お知らせ • Jun 24JG Summit Holdings, Inc. Appoints Patrick Henry C. Go as Executive Director, Effective August 1, 2023The Board of Directors of JG Summit Holdings, Inc. (JGS) at its regular meeting held on june 23, 2023, approved the appointment of Mr. Patrick Henry C. Go as Executive Director of JGS effective August 1, 2023.お知らせ • May 16JG Summit Holdings, Inc. Announces Management ChangesJG Summit Holdings, Inc. at its Board of Directors meeting held on May 15, 2023, approved appointment of Ma. Cristina Bellafor P. Alvarez as Chief Information Officer, Bach Johann M. Sebastian as Senior Advisor, Corporate Finance and Strategy, Ian Pajantoy as Data Protection Officer and Andre Ria B. Buzeta-Acero as Assistant Corporate Secretary.Upcoming Dividend • May 11Upcoming dividend of ₱0.40 per share at 0.8% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 14 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Filipino dividend payers (5.8%). Lower than average of industry peers (2.1%).Reported Earnings • May 11First quarter 2023 earnings released: EPS: ₱0.66 (vs ₱0.37 loss in 1Q 2022)First quarter 2023 results: EPS: ₱0.66 (up from ₱0.37 loss in 1Q 2022). Revenue: ₱82.3b (up 24% from 1Q 2022). Net income: ₱4.59b (up ₱7.38b from 1Q 2022). Profit margin: 5.6% (up from net loss in 1Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.お知らせ • May 09JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 14, 2023The Board of Directors of JG Summit Holdings, Inc. approved in its regular meeting held on May 8, 2023, the declaration of a regular cash dividend in the amount of PHP 0.40 per common share from the unrestricted retained earnings of the company as of December 31, 2022, to all stockholders of record as of May 23, 2023 and which shall be paid on June 14, 2023.Reported Earnings • Apr 06Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: ₱0.12 loss per share (improved from ₱1.01 loss in FY 2021). Revenue: ₱301.9b (up 36% from FY 2021). Net loss: ₱928.4m (loss narrowed 88% from FY 2021). Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.Price Target Changed • Nov 16Price target decreased to ₱50.37Down from ₱55.20, the current price target is an average from 6 analysts. New target price is 12% above last closing price of ₱45.05. Stock is down 26% over the past year. The company is forecast to post earnings per share of ₱2.37 next year compared to a net loss per share of ₱0.82 last year.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Artemio Panganiban was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Oct 19Price target decreased to ₱50.37Down from ₱55.20, the current price target is an average from 6 analysts. New target price is 10.0% above last closing price of ₱45.80. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₱2.32 next year compared to a net loss per share of ₱0.82 last year.Price Target Changed • Sep 08Price target decreased to ₱56.20Down from ₱60.47, the current price target is an average from 6 analysts. New target price is 12% above last closing price of ₱50.20. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₱2.35 next year compared to a net loss per share of ₱0.82 last year.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ₱0.09 (vs ₱0.078 in 2Q 2021)Second quarter 2022 results: EPS: ₱0.09. Revenue: ₱84.4b (up 53% from 2Q 2021). Net income: ₱43.9m (down 92% from 2Q 2021). Profit margin: 0.1% (down from 1.0% in 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 5.1% growth forecast for the industry in Philippines.お知らせ • Aug 12JG Summit Holdings, Inc. Announces Change in Designation, Promotion and Appointment of OfficersJG Summit Holdings, Inc. announced that at the board meeting held on August 11, 2022, the company approved the appointment and change in designation of the following officers of JGS effective August 15, 2022: Michael P. Liwanag - Chief Strategy Officer, Bach Johann M. Sebastian - Senior Advisor, Corporate Finance and Strategy.お知らせ • Jul 01Jg Summit Holdings, Inc. Announces Resignation of Carlos G. Santos, as Vice President, Corporate Services and Chief Information OfficerJG Summit Holdings, Inc. has duly accepted the resignation of Mr. Carlos G. Santos, as Vice President, Corporate Services and Chief Information Officer of JGS effective June 30, 2022.Upcoming Dividend • May 16Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 14 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Filipino dividend payers (4.9%). Lower than average of industry peers (1.7%).Reported Earnings • May 14First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: ₱0.37 loss per share (down from ₱0.016 profit in 1Q 2021). Revenue: ₱66.6b (down 1.5% from 1Q 2021). Net loss: ₱2.79b (down ₱2.92b from profit in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 23%, compared to a 12% growth forecast for the industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.お知らせ • May 13JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 14, 2022The Board of Directors of JG Summit Holdings, Inc. (JGS) approved the declaration of a regular cash dividend in the amount of PHP 0.40 per common share from the unrestricted retained earnings of JGS as of December 31, 2021, to all stockholders of record as of May 26, 2022 and which shall be paid on June 14, 2022.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Artemio Panganiban was the last independent director to join the board, commencing their role in 2021. 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 • Apr 08Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ₱0.68. Revenue: ₱230.6b (up 4.0% from FY 2020). Net loss: ₱6.17b (loss widened ₱5.69b from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.4%. Over the next year, revenue is forecast to grow 20%, compared to a 8.5% growth forecast for the industry in Philippines.お知らせ • Mar 31JG Summit Holdings, Inc. Announces Appointment of Laurinda R. Rogero as Chief Compliance OfficerJG Summit Holdings, Inc. announced the appointment of Laurinda R. Rogero as Chief Compliance officer, effective March 30, 2022.Reported Earnings • Nov 13Third quarter 2021 earnings released: ₱0.45 loss per share (vs ₱0.11 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings and control over costs, although revenues were flat. Third quarter 2021 results: Revenue: ₱50.4b (flat on 3Q 2020). Net loss: ₱3.81b (down ₱4.65b from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.Price Target Changed • Sep 23Price target increased to ₱67.24Up from ₱62.63, the current price target is an average from 5 analysts. New target price is 6.7% above last closing price of ₱63.00. Stock is up 9.2% over the past year.Executive Departure • Sep 15Non-Executive Director Lily Ngochua has left the companyOn the 13th of September, Lily Ngochua's tenure as Non-Executive Director ended. As of June 2021, Lily still personally held 407.42k shares (₱25m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.33 years.Reported Earnings • Aug 13Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱60.5b (up 24% from 2Q 2020). Net income: ₱814.5m (up ₱3.44b from 2Q 2020). Profit margin: 1.3% (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 45% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Executive Departure • Jul 13Senior VP, CFO & Compliance Officer Francisco Del Mundo has left the companyOn the 1st of July, Francisco Del Mundo's tenure as Senior VP, CFO & Compliance Officer ended after 3.7 years in the role. We don't have any record of a personal shareholding under Francisco's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.33 years.Executive Departure • Jul 13Senior Vice President of Corporate Human Resources Group Nicasio Lim has left the companyOn the 1st of July, Nicasio Lim's tenure as Senior Vice President of Corporate Human Resources Group ended after less than a year in the role. We don't have any record of a personal shareholding under Nicasio's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.33 years.Upcoming Dividend • Jun 01Upcoming dividend of ₱0.38 per shareEligible shareholders must have bought the stock before 08 June 2021. Payment date: 07 July 2021. Trailing yield: 0.7%. Lower than top quartile of Filipino dividend payers (4.1%). Lower than average of industry peers (1.1%).お知らせ • May 15JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on July 7, 2021The Board of Directors of JG Summit Holdings, Inc. (JGS) approved on May 13, 2021 the declaration of a regular cash dividend in the amount of PHP 0.38 per common share from unrestricted retained earnings of JGS as of December 31, 2020 to all stockholders of record as of June 11, 2021 and which shall be paid on July 7, 2021.Reported Earnings • May 15First quarter 2021 earnings released: EPS ₱0.016 (vs ₱0.25 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ₱67.6b (flat on 1Q 2020). Net income: ₱122.2m (down 94% from 1Q 2020). Profit margin: 0.2% (down from 2.8% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 14Full year 2020 earnings released: ₱0.06 loss per share (vs ₱4.16 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ₱221.6b (down 27% from FY 2019). Net loss: ₱468.2m (down 101% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Mar 18JG Summit Holdings, Inc., Annual General Meeting, May 14, 2021JG Summit Holdings, Inc., Annual General Meeting, May 14, 2021, at 11:30 Singapore Standard Time. Agenda: To consider proof of notice of the meeting and existence of a quorum; to reading and approval of the minutes of the annual meeting of the stockholders held on may 14, 2020; to reading and approval of the minutes of the special meeting of the stockholders held on october 20, 2020; to presentation of annual report and approval of the financial statements for the preceding year; to election of board of directors; to appointment of external auditor; to ratification of the acts of the board of directors and its committees, officers and management; and to consider other matter.Major Estimate Revision • Feb 18Analysts update estimatesThe 2020 consensus revenue estimate was lowered from ₱239.9b to ₱235.5b. Earnings per share (EPS) increased from ₱0.48 to ₱0.54 for the same period. Net income is expected to grow by 23% next year compared to 15% growth forecast for the Industrials industry in Philippines. The consensus price target increased from ₱55.65 to ₱58.60. Share price is up 3.3% to ₱66.70 over the past week.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₱60.80, the stock is trading at a trailing P/E ratio of 44.3x, down from the previous P/E ratio of 53.2x. This compares to an average P/E of 15x in the Industrials industry in Philippines. Total return to shareholders over the past three years is a loss of 16%.Is New 90 Day High Low • Jan 29New 90-day low: ₱60.80The company is down 5.0% from its price of ₱64.25 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 Industrials industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱143 per share.Major Estimate Revision • Jan 29Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from ₱0.48 to ₱0.93. No change was made to the revenue estimate which at the last update was ₱239.9b. Net income is expected to grow by 28% next year compared to 14% growth forecast for the Industrials industry in Philippines. The consensus price target increased from ₱55.31 to ₱55.65. Share price is down by 9.3% to ₱66.20 over the past week.Is New 90 Day High Low • Jan 14New 90-day high: ₱74.15The company is up 30% from its price of ₱56.86 on 16 October 2020. The Filipino market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱153 per share.お知らせ • Dec 24Meralco PowerGen Corporation entered into an agreement to acquire additional 30% stake in Global Business Power Corporation from JG Summit Holdings, Inc. (PSE:JGS) for PHP 12 billion.Meralco PowerGen Corporation entered into an agreement to acquire additional 30% stake in Global Business Power Corporation from JG Summit Holdings, Inc. (PSE:JGS) for PHP 12 billion on December 23, 2020. Of the total consideration, 60% shall be paid at closing, 20% will be paid 6 months after and the remaining 20% will be paid after 18 months. In a related transaction, Meralco PowerGen Corporation entered into an agreement to acquire additional 56% stake in Global Business Power Corporation from Beacon Electric Asset Holdings, Inc. on December 23, 2020. Global Business Power Corporation had total assets of PHP 30.88 billion for 2019. The transaction is subject to customary closing conditions, including regulatory and third party approvals, and is expected to close within the first quarter of 2021. Alphaprimus Advisors Inc. acted as financial advisor and Picazo Buyco Tan Fider & Santos acted as legal advisor for Meralco PoweGen.Major Estimate Revision • Dec 08Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate was lowered from ₱0.70 to ₱0.56. Revenue estimate was approximately flat at ₱243.5b. Net income is expected to grow by 48% next year compared to 15% growth forecast for the Industrials industry in Philippines. The consensus price target increased from ₱54.04 to ₱55.45. Share price is up 3.9% to ₱71.15 over the past week.Price Target Changed • Nov 17Price target raised to ₱54.04Up from ₱49.84, the current price target is an average from 7 analysts. The new target price is 24% below the current share price of ₱71.45. As of last close, the stock is down 3.8% over the past year.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ₱0.11The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₱50.7b (down 30% from 3Q 2019). Net income: ₱844.1m (down 77% from 3Q 2019). Profit margin: 1.7% (down from 5.1% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.4%. Earnings per share (EPS) also missed analyst estimates by 76%. Over the next year, revenue is forecast to grow 16% compared to a 4.0% decline forecast for the Industrials industry in Philippines.Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 17% share price gain to ₱74.00, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36x. This compares to an average P/E of 12x in the Industrials industry in Philippines. Total returns to shareholders over the past three years are 3.3%.Is New 90 Day High Low • Nov 10New 90-day high: ₱74.00The company is up 20% from its price of ₱61.71 on 12 August 2020. The Filipino market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱56.19 per share.お知らせ • Nov 06Jg Summit Holdings, Inc. Announces Demise of Emmanuel "Boyet" B. De Pano, Vice President of Corporate Internal AuditJG Summit Holdings, Inc. announced the passing of Emmanuel "Boyet" B. De Pano, Vice President of Corporate Internal Audit.Is New 90 Day High Low • Nov 06New 90-day high: ₱69.55The company is up 19% from its price of ₱58.48 on 07 August 2020. The Filipino market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱56.10 per share.Is New 90 Day High Low • Oct 30New 90-day high: ₱64.25The company is up 8.0% from its price of ₱59.48 on 30 July 2020. The Filipino market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Industrials industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱53.36 per share.Is New 90 Day High Low • Oct 22New 90-day high: ₱66.60The company is up 2.0% from its price of ₱65.00 on 24 July 2020. The Filipino market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Industrials industry, which is also up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱54.04 per share.Is New 90 Day High Low • Sep 29New 90-day low: ₱59.30The company is down 8.0% from its price of ₱64.80 on 01 July 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱52.85 per share.財務状況分析短期負債: JGSの 短期資産 ( ₱232.4B ) が 短期負債 ( ₱190.0B ) を超えています。長期負債: JGSの短期資産 ( ₱232.4B ) は 長期負債 ( ₱382.9B ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: JGSの 純負債対資本比率 ( 54.3% ) は 高い と見なされます。負債の削減: JGSの負債対資本比率は、過去 5 年間で77.6%から72.9%に減少しました。債務返済能力: JGSの負債は 営業キャッシュフロー によって 十分にカバー されています ( 24% )。インタレストカバレッジ: JGSの負債に対する 利息支払い は EBIT ( 5.2 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/17 13:31終値2026/06/17 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋JG Summit Holdings, Inc. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Russ ToribioBofA Global ResearchRicardo PuigCitigroup IncJose-Paolo FontanillaCLSA7 その他のアナリストを表示
お知らせ • May 15JG Summit Holdings, Inc. to Report Q1, 2026 Results on May 13, 2026JG Summit Holdings, Inc. announced that they will report Q1, 2026 results on May 13, 2026
お知らせ • May 14JG Summit Holdings, Inc. announces Annual dividend, payable on June 10, 2026JG Summit Holdings, Inc. announced Annual dividend of PHP 0.4500 per share payable on June 10, 2026, ex-date on May 28, 2026 and record date on May 29, 2026.
New Risk • Mar 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings are forecast to decline by an average of 13% per year for the foreseeable future.
Reported Earnings • Mar 29Full year 2025 earnings released: EPS: ₱4.81 (vs ₱2.89 in FY 2024)Full year 2025 results: EPS: ₱4.81 (up from ₱2.89 in FY 2024). Revenue: ₱368.6b (down 2.6% from FY 2024). Net income: ₱36.2b (up 67% from FY 2024). Profit margin: 9.8% (up from 5.7% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Mar 25JG Summit Holdings, Inc., Annual General Meeting, May 15, 2026JG Summit Holdings, Inc., Annual General Meeting, May 15, 2026, at 14:30 W. Australia Standard Time.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ₱0.50 (vs ₱0.40 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.50 (up from ₱0.40 in 3Q 2024). Revenue: ₱83.5b (down 6.3% from 3Q 2024). Net income: ₱3.79b (up 26% from 3Q 2024). Profit margin: 4.5% (up from 3.4% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Sep 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₱377.4b to ₱365.4b. EPS estimate also fell from ₱3.10 per share to ₱2.75 per share. Net income forecast to grow 16% next year vs 9.1% growth forecast for Industrials industry in Philippines. Consensus price target broadly unchanged at ₱30.63. Share price was steady at ₱24.00 over the past week.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: ₱1.41 (vs ₱0.60 in 2Q 2024)Second quarter 2025 results: EPS: ₱1.41 (up from ₱0.60 in 2Q 2024). Revenue: ₱95.9b (up 5.0% from 2Q 2024). Net income: ₱10.7b (up 140% from 2Q 2024). Profit margin: 11% (up from 4.9% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Price Target Changed • Jun 10Price target decreased by 11% to ₱31.30Down from ₱35.10, the current price target is an average from 5 analysts. New target price is 71% above last closing price of ₱18.26. Stock is down 37% over the past year. The company is forecast to post earnings per share of ₱2.86 for next year compared to ₱2.89 last year.
Major Estimate Revision • May 22Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₱2.70 to ₱2.16 per share. Revenue forecast steady at ₱380.5b. Net income forecast to grow 35% next year vs 1.6% growth forecast for Industrials industry in Philippines. Consensus price target down from ₱36.50 to ₱35.10. Share price rose 9.0% to ₱19.20 over the past week.
お知らせ • May 16JG Summit Holdings, Inc. Appoints Antonio Jose U. Periquet, Jr as New Independent DirectorJG Summit Holdings, Inc. announced that at its AGM held on May 15, 2025, the shareholders approved that Mr. Antonio Jose U. Periquet, Jr., the newly elected Independent Director of JGS, owns 1,000 shares of JGS stock.
Declared Dividend • May 16Dividend of ₱0.42 announcedDividend of ₱0.42 is the same as last year. Ex-date: 29th May 2025 Payment date: 11th June 2025 Dividend yield will be 2.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (14% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 15JG Summit Holdings, Inc. announces Annual dividend, payable on June 11, 2025JG Summit Holdings, Inc. announced Annual dividend of PHP 0.4200 per share payable on June 11, 2025, ex-date on May 29, 2025 and record date on May 30, 2025.
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: ₱2.98 (vs ₱2.57 in FY 2023)Full year 2024 results: EPS: ₱2.98 (up from ₱2.57 in FY 2023). Revenue: ₱379.7b (up 10% from FY 2023). Net income: ₱22.4b (up 16% from FY 2023). Profit margin: 5.9% (up from 5.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
お知らせ • Mar 13JG Summit Holdings, Inc., Annual General Meeting, May 15, 2025JG Summit Holdings, Inc., Annual General Meeting, May 15, 2025, at 14:30 W. Australia Standard Time.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₱18.42, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Industrials industry in Philippines. Total loss to shareholders of 70% over the past three years.
Price Target Changed • Jan 23Price target decreased by 8.6% to ₱36.30Down from ₱39.70, the current price target is an average from 5 analysts. New target price is 106% above last closing price of ₱17.60. Stock is down 54% over the past year. The company is forecast to post earnings per share of ₱2.46 for next year compared to ₱2.57 last year.
Major Estimate Revision • Jan 10Consensus revenue estimates increase by 13%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₱315.5b to ₱355.9b. EPS estimate fell from ₱3.14 to ₱2.76. Net income forecast to shrink 8.3% next year vs 3.5% growth forecast for Industrials industry in Philippines . Consensus price target of ₱37.88 unchanged from last update. Share price fell 6.8% to ₱19.58 over the past week.
Major Estimate Revision • Dec 18Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₱365.8b to ₱315.5b. EPS estimate fell from ₱3.23 to ₱3.14 per share. Net income forecast to shrink 2.2% next year vs 3.9% growth forecast for Industrials industry in Philippines . Consensus price target down from ₱40.13 to ₱37.88. Share price fell 5.4% to ₱19.72 over the past week.
お知らせ • Dec 04JG Summit Holdings, Inc. Appoints Ma. Cristina Bellafor P. Alvarez as Chief Digital OfficerJG Summit Holdings, Inc. announced Appointment of Ms. Ma. Cristina Bellafor P. Alvarez, Chief Information Officer of JG Summit Holdings, Inc. ("JGS"), as Chief Digital Officer of JGS, effective January 1, 2025. Ms. Alvarez will concurrently serve as Chief Information Officer and Chief Digital Officer of JGS.
New Risk • Nov 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Nov 14Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: ₱0.41 (down from ₱0.60 in 3Q 2023). Revenue: ₱89.1b (up 1.3% from 3Q 2023). Net income: ₱3.00b (down 34% from 3Q 2023). Profit margin: 3.4% (down from 5.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
Price Target Changed • Sep 24Price target decreased by 8.5% to ₱40.63Down from ₱44.38, the current price target is an average from 4 analysts. New target price is 51% above last closing price of ₱26.90. Stock is down 29% over the past year. The company is forecast to post earnings per share of ₱3.23 for next year compared to ₱2.57 last year.
Major Estimate Revision • Aug 20Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₱3.36 to ₱3.91. Revenue forecast steady at ₱371.3b. Net income forecast to shrink 3.5% next year vs 8.1% growth forecast for Industrials industry in Philippines . Consensus price target down from ₱44.38 to ₱41.88. Share price was steady at ₱24.20 over the past week.
Reported Earnings • Aug 14Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ₱0.52 (down from ₱0.67 in 2Q 2023). Revenue: ₱91.3b (up 13% from 2Q 2023). Net income: ₱4.41b (down 12% from 2Q 2023). Profit margin: 4.8% (down from 6.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
Price Target Changed • Jul 09Price target decreased by 8.5% to ₱44.38Down from ₱48.50, the current price target is an average from 4 analysts. New target price is 62% above last closing price of ₱27.40. Stock is down 38% over the past year. The company is forecast to post earnings per share of ₱3.36 for next year compared to ₱2.57 last year.
お知らせ • Jun 08JG Summit Holdings, Inc. Approves the Election of Governance, Nomination, Remuneration, and Sustainability Committee (GNRSC) MembersMember of JG Summit Holdings, Inc. approved the election of Bernadine T. Siy - (Independent Director) Member of Governance, Nomination, Remuneration, and Sustainability Committee (GNRSC) and James L. Go - Advisory Member of Governance, Nomination, Remuneration, and Sustainability Committee (GNRSC) at its AGM held on June 3, 2024.
Declared Dividend • May 10Dividend increased to ₱0.42Dividend of ₱0.42 is 5.0% higher than last year. Ex-date: 22nd May 2024 Payment date: 5th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: ₱1.46 (vs ₱0.61 in 1Q 2023)First quarter 2024 results: EPS: ₱1.46 (up from ₱0.61 in 1Q 2023). Revenue: ₱96.7b (up 18% from 1Q 2023). Net income: ₱11.0b (up 139% from 1Q 2023). Profit margin: 11% (up from 5.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • May 09JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 5, 2024The Board of Directors of JG Summit Holdings, Inc. (JGS) approved, in its regular meeting held on May 8, 2024, the declaration of a regular cash dividend in the amount of PHP 0.42 per common share from the unrestricted retained earnings of JGS as of December 31, 2023, to all stockholders of record as of May 23, 2024, and which shall be paid on June 5, 2024.
お知らせ • May 08GoTyme Bank Corporation acquired SAVii New Cross Private Limited.GoTyme Bank Corporation acquired SAVii New Cross Private Limited on May 7, 2024. GoTyme Bank Corporation completed the acquisition of SAVii New Cross Private Limited on May 7, 2024.
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: ₱2.53 (vs ₱0.12 loss in FY 2022)Full year 2023 results: EPS: ₱2.53 (up from ₱0.12 loss in FY 2022). Revenue: ₱343.8b (up 14% from FY 2022). Net income: ₱19.0b (up ₱19.9b from FY 2022). Profit margin: 5.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Mar 21JG Summit Holdings, Inc., Annual General Meeting, Jun 03, 2024JG Summit Holdings, Inc., Annual General Meeting, Jun 03, 2024, at 13:00 Singapore Standard Time. Agenda: To consider Proof of notice of the meeting and existence of a quorum; Reading and approval of the Minutes of the Annual Meeting of the Stockholders held on May 15, 2023; Presentation of the annual report and approval of the financial statements for the preceding year; Election of Board of Directors; Appointment of External Auditor; and to discuss other matters.
Reported Earnings • Nov 16Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ₱0.60 (up from ₱0.25 in 3Q 2022). Revenue: ₱87.9b (up 19% from 3Q 2022). Net income: ₱4.52b (up 139% from 3Q 2022). Profit margin: 5.1% (up from 2.6% in 3Q 2022). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Oct 11JG Summit Holdings, Inc. Announces Executive ChangesJG Summit Holdings, Inc. informed of the change in designation of Mr. Alan D. Surposa from Chief Procurement Officer to Senior Advisor - Procurement.
Recent Insider Transactions • Sep 05Chief Strategy Officer recently bought ₱1.9m worth of stockOn the 1st of September, Michael Liwanag bought around 53k shares on-market at roughly ₱36.90 per share. This transaction increased Michael's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱112m more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ₱0.67 (vs ₱0.062 loss in 2Q 2022)Second quarter 2023 results: EPS: ₱0.67 (up from ₱0.062 loss in 2Q 2022). Revenue: ₱81.1b (flat on 2Q 2022). Net income: ₱5.03b (up ₱5.50b from 2Q 2022). Profit margin: 6.2% (up from net loss in 2Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year.
お知らせ • Jun 24JG Summit Holdings, Inc. Appoints Patrick Henry C. Go as Executive Director, Effective August 1, 2023The Board of Directors of JG Summit Holdings, Inc. (JGS) at its regular meeting held on june 23, 2023, approved the appointment of Mr. Patrick Henry C. Go as Executive Director of JGS effective August 1, 2023.
お知らせ • May 16JG Summit Holdings, Inc. Announces Management ChangesJG Summit Holdings, Inc. at its Board of Directors meeting held on May 15, 2023, approved appointment of Ma. Cristina Bellafor P. Alvarez as Chief Information Officer, Bach Johann M. Sebastian as Senior Advisor, Corporate Finance and Strategy, Ian Pajantoy as Data Protection Officer and Andre Ria B. Buzeta-Acero as Assistant Corporate Secretary.
Upcoming Dividend • May 11Upcoming dividend of ₱0.40 per share at 0.8% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 14 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Filipino dividend payers (5.8%). Lower than average of industry peers (2.1%).
Reported Earnings • May 11First quarter 2023 earnings released: EPS: ₱0.66 (vs ₱0.37 loss in 1Q 2022)First quarter 2023 results: EPS: ₱0.66 (up from ₱0.37 loss in 1Q 2022). Revenue: ₱82.3b (up 24% from 1Q 2022). Net income: ₱4.59b (up ₱7.38b from 1Q 2022). Profit margin: 5.6% (up from net loss in 1Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
お知らせ • May 09JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 14, 2023The Board of Directors of JG Summit Holdings, Inc. approved in its regular meeting held on May 8, 2023, the declaration of a regular cash dividend in the amount of PHP 0.40 per common share from the unrestricted retained earnings of the company as of December 31, 2022, to all stockholders of record as of May 23, 2023 and which shall be paid on June 14, 2023.
Reported Earnings • Apr 06Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: ₱0.12 loss per share (improved from ₱1.01 loss in FY 2021). Revenue: ₱301.9b (up 36% from FY 2021). Net loss: ₱928.4m (loss narrowed 88% from FY 2021). Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Industrials industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
Price Target Changed • Nov 16Price target decreased to ₱50.37Down from ₱55.20, the current price target is an average from 6 analysts. New target price is 12% above last closing price of ₱45.05. Stock is down 26% over the past year. The company is forecast to post earnings per share of ₱2.37 next year compared to a net loss per share of ₱0.82 last year.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Artemio Panganiban was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Oct 19Price target decreased to ₱50.37Down from ₱55.20, the current price target is an average from 6 analysts. New target price is 10.0% above last closing price of ₱45.80. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₱2.32 next year compared to a net loss per share of ₱0.82 last year.
Price Target Changed • Sep 08Price target decreased to ₱56.20Down from ₱60.47, the current price target is an average from 6 analysts. New target price is 12% above last closing price of ₱50.20. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₱2.35 next year compared to a net loss per share of ₱0.82 last year.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ₱0.09 (vs ₱0.078 in 2Q 2021)Second quarter 2022 results: EPS: ₱0.09. Revenue: ₱84.4b (up 53% from 2Q 2021). Net income: ₱43.9m (down 92% from 2Q 2021). Profit margin: 0.1% (down from 1.0% in 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 5.1% growth forecast for the industry in Philippines.
お知らせ • Aug 12JG Summit Holdings, Inc. Announces Change in Designation, Promotion and Appointment of OfficersJG Summit Holdings, Inc. announced that at the board meeting held on August 11, 2022, the company approved the appointment and change in designation of the following officers of JGS effective August 15, 2022: Michael P. Liwanag - Chief Strategy Officer, Bach Johann M. Sebastian - Senior Advisor, Corporate Finance and Strategy.
お知らせ • Jul 01Jg Summit Holdings, Inc. Announces Resignation of Carlos G. Santos, as Vice President, Corporate Services and Chief Information OfficerJG Summit Holdings, Inc. has duly accepted the resignation of Mr. Carlos G. Santos, as Vice President, Corporate Services and Chief Information Officer of JGS effective June 30, 2022.
Upcoming Dividend • May 16Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 14 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Filipino dividend payers (4.9%). Lower than average of industry peers (1.7%).
Reported Earnings • May 14First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: ₱0.37 loss per share (down from ₱0.016 profit in 1Q 2021). Revenue: ₱66.6b (down 1.5% from 1Q 2021). Net loss: ₱2.79b (down ₱2.92b from profit in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 23%, compared to a 12% growth forecast for the industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
お知らせ • May 13JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 14, 2022The Board of Directors of JG Summit Holdings, Inc. (JGS) approved the declaration of a regular cash dividend in the amount of PHP 0.40 per common share from the unrestricted retained earnings of JGS as of December 31, 2021, to all stockholders of record as of May 26, 2022 and which shall be paid on June 14, 2022.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Artemio Panganiban was the last independent director to join the board, commencing their role in 2021. 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 • Apr 08Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ₱0.68. Revenue: ₱230.6b (up 4.0% from FY 2020). Net loss: ₱6.17b (loss widened ₱5.69b from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.4%. Over the next year, revenue is forecast to grow 20%, compared to a 8.5% growth forecast for the industry in Philippines.
お知らせ • Mar 31JG Summit Holdings, Inc. Announces Appointment of Laurinda R. Rogero as Chief Compliance OfficerJG Summit Holdings, Inc. announced the appointment of Laurinda R. Rogero as Chief Compliance officer, effective March 30, 2022.
Reported Earnings • Nov 13Third quarter 2021 earnings released: ₱0.45 loss per share (vs ₱0.11 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings and control over costs, although revenues were flat. Third quarter 2021 results: Revenue: ₱50.4b (flat on 3Q 2020). Net loss: ₱3.81b (down ₱4.65b from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Price Target Changed • Sep 23Price target increased to ₱67.24Up from ₱62.63, the current price target is an average from 5 analysts. New target price is 6.7% above last closing price of ₱63.00. Stock is up 9.2% over the past year.
Executive Departure • Sep 15Non-Executive Director Lily Ngochua has left the companyOn the 13th of September, Lily Ngochua's tenure as Non-Executive Director ended. As of June 2021, Lily still personally held 407.42k shares (₱25m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.33 years.
Reported Earnings • Aug 13Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱60.5b (up 24% from 2Q 2020). Net income: ₱814.5m (up ₱3.44b from 2Q 2020). Profit margin: 1.3% (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 45% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Executive Departure • Jul 13Senior VP, CFO & Compliance Officer Francisco Del Mundo has left the companyOn the 1st of July, Francisco Del Mundo's tenure as Senior VP, CFO & Compliance Officer ended after 3.7 years in the role. We don't have any record of a personal shareholding under Francisco's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.33 years.
Executive Departure • Jul 13Senior Vice President of Corporate Human Resources Group Nicasio Lim has left the companyOn the 1st of July, Nicasio Lim's tenure as Senior Vice President of Corporate Human Resources Group ended after less than a year in the role. We don't have any record of a personal shareholding under Nicasio's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.33 years.
Upcoming Dividend • Jun 01Upcoming dividend of ₱0.38 per shareEligible shareholders must have bought the stock before 08 June 2021. Payment date: 07 July 2021. Trailing yield: 0.7%. Lower than top quartile of Filipino dividend payers (4.1%). Lower than average of industry peers (1.1%).
お知らせ • May 15JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on July 7, 2021The Board of Directors of JG Summit Holdings, Inc. (JGS) approved on May 13, 2021 the declaration of a regular cash dividend in the amount of PHP 0.38 per common share from unrestricted retained earnings of JGS as of December 31, 2020 to all stockholders of record as of June 11, 2021 and which shall be paid on July 7, 2021.
Reported Earnings • May 15First quarter 2021 earnings released: EPS ₱0.016 (vs ₱0.25 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ₱67.6b (flat on 1Q 2020). Net income: ₱122.2m (down 94% from 1Q 2020). Profit margin: 0.2% (down from 2.8% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 14Full year 2020 earnings released: ₱0.06 loss per share (vs ₱4.16 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ₱221.6b (down 27% from FY 2019). Net loss: ₱468.2m (down 101% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Mar 18JG Summit Holdings, Inc., Annual General Meeting, May 14, 2021JG Summit Holdings, Inc., Annual General Meeting, May 14, 2021, at 11:30 Singapore Standard Time. Agenda: To consider proof of notice of the meeting and existence of a quorum; to reading and approval of the minutes of the annual meeting of the stockholders held on may 14, 2020; to reading and approval of the minutes of the special meeting of the stockholders held on october 20, 2020; to presentation of annual report and approval of the financial statements for the preceding year; to election of board of directors; to appointment of external auditor; to ratification of the acts of the board of directors and its committees, officers and management; and to consider other matter.
Major Estimate Revision • Feb 18Analysts update estimatesThe 2020 consensus revenue estimate was lowered from ₱239.9b to ₱235.5b. Earnings per share (EPS) increased from ₱0.48 to ₱0.54 for the same period. Net income is expected to grow by 23% next year compared to 15% growth forecast for the Industrials industry in Philippines. The consensus price target increased from ₱55.65 to ₱58.60. Share price is up 3.3% to ₱66.70 over the past week.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₱60.80, the stock is trading at a trailing P/E ratio of 44.3x, down from the previous P/E ratio of 53.2x. This compares to an average P/E of 15x in the Industrials industry in Philippines. Total return to shareholders over the past three years is a loss of 16%.
Is New 90 Day High Low • Jan 29New 90-day low: ₱60.80The company is down 5.0% from its price of ₱64.25 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 Industrials industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱143 per share.
Major Estimate Revision • Jan 29Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from ₱0.48 to ₱0.93. No change was made to the revenue estimate which at the last update was ₱239.9b. Net income is expected to grow by 28% next year compared to 14% growth forecast for the Industrials industry in Philippines. The consensus price target increased from ₱55.31 to ₱55.65. Share price is down by 9.3% to ₱66.20 over the past week.
Is New 90 Day High Low • Jan 14New 90-day high: ₱74.15The company is up 30% from its price of ₱56.86 on 16 October 2020. The Filipino market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱153 per share.
お知らせ • Dec 24Meralco PowerGen Corporation entered into an agreement to acquire additional 30% stake in Global Business Power Corporation from JG Summit Holdings, Inc. (PSE:JGS) for PHP 12 billion.Meralco PowerGen Corporation entered into an agreement to acquire additional 30% stake in Global Business Power Corporation from JG Summit Holdings, Inc. (PSE:JGS) for PHP 12 billion on December 23, 2020. Of the total consideration, 60% shall be paid at closing, 20% will be paid 6 months after and the remaining 20% will be paid after 18 months. In a related transaction, Meralco PowerGen Corporation entered into an agreement to acquire additional 56% stake in Global Business Power Corporation from Beacon Electric Asset Holdings, Inc. on December 23, 2020. Global Business Power Corporation had total assets of PHP 30.88 billion for 2019. The transaction is subject to customary closing conditions, including regulatory and third party approvals, and is expected to close within the first quarter of 2021. Alphaprimus Advisors Inc. acted as financial advisor and Picazo Buyco Tan Fider & Santos acted as legal advisor for Meralco PoweGen.
Major Estimate Revision • Dec 08Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate was lowered from ₱0.70 to ₱0.56. Revenue estimate was approximately flat at ₱243.5b. Net income is expected to grow by 48% next year compared to 15% growth forecast for the Industrials industry in Philippines. The consensus price target increased from ₱54.04 to ₱55.45. Share price is up 3.9% to ₱71.15 over the past week.
Price Target Changed • Nov 17Price target raised to ₱54.04Up from ₱49.84, the current price target is an average from 7 analysts. The new target price is 24% below the current share price of ₱71.45. As of last close, the stock is down 3.8% over the past year.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ₱0.11The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₱50.7b (down 30% from 3Q 2019). Net income: ₱844.1m (down 77% from 3Q 2019). Profit margin: 1.7% (down from 5.1% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.4%. Earnings per share (EPS) also missed analyst estimates by 76%. Over the next year, revenue is forecast to grow 16% compared to a 4.0% decline forecast for the Industrials industry in Philippines.
Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 17% share price gain to ₱74.00, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36x. This compares to an average P/E of 12x in the Industrials industry in Philippines. Total returns to shareholders over the past three years are 3.3%.
Is New 90 Day High Low • Nov 10New 90-day high: ₱74.00The company is up 20% from its price of ₱61.71 on 12 August 2020. The Filipino market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱56.19 per share.
お知らせ • Nov 06Jg Summit Holdings, Inc. Announces Demise of Emmanuel "Boyet" B. De Pano, Vice President of Corporate Internal AuditJG Summit Holdings, Inc. announced the passing of Emmanuel "Boyet" B. De Pano, Vice President of Corporate Internal Audit.
Is New 90 Day High Low • Nov 06New 90-day high: ₱69.55The company is up 19% from its price of ₱58.48 on 07 August 2020. The Filipino market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱56.10 per share.
Is New 90 Day High Low • Oct 30New 90-day high: ₱64.25The company is up 8.0% from its price of ₱59.48 on 30 July 2020. The Filipino market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Industrials industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱53.36 per share.
Is New 90 Day High Low • Oct 22New 90-day high: ₱66.60The company is up 2.0% from its price of ₱65.00 on 24 July 2020. The Filipino market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Industrials industry, which is also up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱54.04 per share.
Is New 90 Day High Low • Sep 29New 90-day low: ₱59.30The company is down 8.0% from its price of ₱64.80 on 01 July 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱52.85 per share.