View Future GrowthMabuhay Vinyl 過去の業績過去 基準チェック /56Mabuhay Vinylは、平均年間0.9%の収益成長を遂げていますが、 Chemicals業界の収益は、年間 成長しています。収益は、平均年間0.6% 8.4%収益成長率で 成長しています。 Mabuhay Vinylの自己資本利益率は8.5%であり、純利益率は11.1%です。主要情報0.92%収益成長率0.24%EPS成長率Chemicals 業界の成長13.08%収益成長率8.41%株主資本利益率8.51%ネット・マージン11.08%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 19First quarter 2026 earnings released: EPS: ₱0.14 (vs ₱0.11 in 1Q 2025)First quarter 2026 results: EPS: ₱0.14 (up from ₱0.11 in 1Q 2025). Revenue: ₱895.5m (up 4.3% from 1Q 2025). Net income: ₱90.1m (up 26% from 1Q 2025). Profit margin: 10% (up from 8.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.54 (vs ₱0.50 in FY 2024)Full year 2025 results: EPS: ₱0.54 (up from ₱0.50 in FY 2024). Revenue: ₱3.34b (up 8.7% from FY 2024). Net income: ₱355.3m (up 7.5% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.13 (vs ₱0.15 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.13 (down from ₱0.15 in 3Q 2024). Revenue: ₱849.8m (up 7.5% from 3Q 2024). Net income: ₱85.7m (down 15% from 3Q 2024). Profit margin: 10% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% 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.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₱0.13 (vs ₱0.13 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.13 (down from ₱0.13 in 2Q 2024). Revenue: ₱841.3m (up 8.7% from 2Q 2024). Net income: ₱85.1m (down 3.5% from 2Q 2024). Profit margin: 10% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.Reported Earnings • May 17First quarter 2025 earnings released: EPS: ₱0.11 (vs ₱0.14 in 1Q 2024)First quarter 2025 results: EPS: ₱0.11 (down from ₱0.14 in 1Q 2024). Revenue: ₱858.9m (up 20% from 1Q 2024). Net income: ₱71.4m (down 24% from 1Q 2024). Profit margin: 8.3% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Apr 17Full year 2024 earnings released: EPS: ₱0.50 (vs ₱0.62 in FY 2023)Full year 2024 results: EPS: ₱0.50 (down from ₱0.62 in FY 2023). Revenue: ₱3.07b (flat on FY 2023). Net income: ₱330.6m (down 19% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.すべての更新を表示Recent updatesUpcoming Dividend • May 20Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Filipino dividend payers (6.4%). Higher than average of industry peers (1.7%).Reported Earnings • May 19First quarter 2026 earnings released: EPS: ₱0.14 (vs ₱0.11 in 1Q 2025)First quarter 2026 results: EPS: ₱0.14 (up from ₱0.11 in 1Q 2025). Revenue: ₱895.5m (up 4.3% from 1Q 2025). Net income: ₱90.1m (up 26% from 1Q 2025). Profit margin: 10% (up from 8.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Declared Dividend • May 06Dividend of ₱0.10 announcedDividend of ₱0.10 is the same as last year. Ex-date: 25th May 2026 Payment date: 17th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 7.2% 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. Earnings per share has grown by 1.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 05Mabuhay Vinyl Corporation announces Annual dividend, payable on June 17, 2026Mabuhay Vinyl Corporation announced Annual dividend of PHP 0.1000 per share payable on June 17, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.54 (vs ₱0.50 in FY 2024)Full year 2025 results: EPS: ₱0.54 (up from ₱0.50 in FY 2024). Revenue: ₱3.34b (up 8.7% from FY 2024). Net income: ₱355.3m (up 7.5% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₱5.68, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 23x in the Chemicals industry in Asia. Total returns to shareholders of 10% over the past three years.お知らせ • Jan 12Mabuhay Vinyl Corporation, Annual General Meeting, Apr 30, 2026Mabuhay Vinyl Corporation, Annual General Meeting, Apr 30, 2026.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.13 (vs ₱0.15 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.13 (down from ₱0.15 in 3Q 2024). Revenue: ₱849.8m (up 7.5% from 3Q 2024). Net income: ₱85.7m (down 15% from 3Q 2024). Profit margin: 10% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% 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.Board Change • Nov 10Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Ramon Abejuela was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₱0.13 (vs ₱0.13 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.13 (down from ₱0.13 in 2Q 2024). Revenue: ₱841.3m (up 8.7% from 2Q 2024). Net income: ₱85.1m (down 3.5% from 2Q 2024). Profit margin: 10% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.New Risk • May 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₱3.32b market cap, or US$59.7m).Reported Earnings • May 17First quarter 2025 earnings released: EPS: ₱0.11 (vs ₱0.14 in 1Q 2024)First quarter 2025 results: EPS: ₱0.11 (down from ₱0.14 in 1Q 2024). Revenue: ₱858.9m (up 20% from 1Q 2024). Net income: ₱71.4m (down 24% from 1Q 2024). Profit margin: 8.3% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • May 15Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 22 May 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Filipino dividend payers (6.4%). Lower than average of industry peers (2.3%).Declared Dividend • Apr 28Dividend of ₱0.10 announcedDividend of ₱0.10 is the same as last year. Ex-date: 22nd May 2025 Payment date: 16th June 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (135% cash payout ratio). The dividend has increased by an average of 7.2% 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. The company's earnings per share (EPS) would need to decline by 77% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.9% EPS decline seen over the last 5 years.お知らせ • Apr 25Mabuhay Vinyl Corporation Approves Cash Dividend, Payable on June 16, 2025The Board of Directors of MABUHAY VINYL CORPORATION in its regular meeting held on 24 April 2025, approved the declaration of cash dividend out of the unrestricted retained earnings as of 31 December 2024 of 10% per share (PHP 0.10 per share) to stockholders of record as of the close of business hours on May 23, 2025, to be paid on June 16, 2025.Reported Earnings • Apr 17Full year 2024 earnings released: EPS: ₱0.50 (vs ₱0.62 in FY 2023)Full year 2024 results: EPS: ₱0.50 (down from ₱0.62 in FY 2023). Revenue: ₱3.07b (flat on FY 2023). Net income: ₱330.6m (down 19% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱5.84, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 21x in the Chemicals industry in Asia. Total returns to shareholders of 40% over the past three years.お知らせ • Jan 24Mabuhay Vinyl Corporation, Annual General Meeting, Apr 24, 2025Mabuhay Vinyl Corporation, Annual General Meeting, Apr 24, 2025, at 15:00 W. Australia Standard Time.New Risk • Nov 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (₱3.50b market cap, or US$59.7m).Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₱5.79, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 22x in the Chemicals industry in Asia. Total returns to shareholders of 25% over the past three years.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱4.93, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 21x in the Chemicals industry in Asia. Total loss to shareholders of 3.8% over the past three years.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ₱0.14 (vs ₱0.17 in 1Q 2023)First quarter 2024 results: EPS: ₱0.14 (down from ₱0.17 in 1Q 2023). Revenue: ₱718.3m (down 13% from 1Q 2023). Net income: ₱94.4m (down 16% from 1Q 2023). Profit margin: 13% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 16Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 23 May 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Filipino dividend payers (5.6%). Lower than average of industry peers (2.2%).Declared Dividend • Apr 29Dividend of ₱0.10 announcedDividend of ₱0.10 is the same as last year. Ex-date: 23rd May 2024 Payment date: 17th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (14% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 7.2% 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. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Apr 27Mabuhay Vinyl Corporation Approves Cash Dividend, Payable on June 17, 2024The Board of Directors of Mabuhay Vinyl Corporation had its Regular Meeting of the Board of Directors held via remote communication on 25 April 2024, approved the declaration of cash dividend out of the unrestricted retained earnings of as of 31 December 2023 of 10% per share (PHP 0.10/share) to stockholders of record as of the close of business hours on 24 May 2024, to be paid on 17 June 2024.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₱6.19, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 22x in the Chemicals industry in Asia. Total returns to shareholders of 41% over the past three years.Reported Earnings • Apr 17Full year 2023 earnings released: EPS: ₱0.62 (vs ₱0.60 in FY 2022)Full year 2023 results: EPS: ₱0.62 (up from ₱0.60 in FY 2022). Revenue: ₱3.07b (down 4.0% from FY 2022). Net income: ₱408.4m (up 2.3% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.New Risk • Mar 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₱4.32b market cap, or US$77.4m).Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱6.54, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 22x in the Chemicals industry in Asia. Total returns to shareholders of 56% over the past three years.お知らせ • Feb 08Mabuhay Vinyl Corporation, Annual General Meeting, Apr 25, 2024Mabuhay Vinyl Corporation, Annual General Meeting, Apr 25, 2024.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: ₱0.18 (vs ₱0.14 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.18 (up from ₱0.14 in 3Q 2022). Revenue: ₱743.8m (flat on 3Q 2022). Net income: ₱122.2m (up 32% from 3Q 2022). Profit margin: 16% (up from 13% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ₱0.20 (vs ₱0.13 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.20 (up from ₱0.13 in 2Q 2022). Revenue: ₱747.1m (down 9.5% from 2Q 2022). Net income: ₱132.2m (up 53% from 2Q 2022). Profit margin: 18% (up from 11% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year.お知らせ • Jun 17+ 1 more updateMabuhay Vinyl Corporation Announces Chief Executive Officer ChangesThe Board of Directors of Mabuhay Vinyl Corporation in its special meeting held 15 June 2023 accepted the resignation of Mr. Takahiro Machiba effective 23 June 2023 as Director, Chief Executive Officer. In the same meeting, upon endorsement by the Nomination Committee, the Board duly elected Mr. Yohei Chikamoto to serve the unexpired portion of Mr. Machiba's term of office.Reported Earnings • May 17First quarter 2023 earnings released: EPS: ₱0.17 (vs ₱0.16 in 1Q 2022)First quarter 2023 results: EPS: ₱0.17 (up from ₱0.16 in 1Q 2022). Revenue: ₱821.3m (flat on 1Q 2022). Net income: ₱112.9m (up 4.9% from 1Q 2022). Profit margin: 14% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 16Upcoming dividend of ₱0.10 per share at 1.8% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 19 June 2023. Payout ratio is a comfortable 19% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Filipino dividend payers (5.8%). Lower than average of industry peers (2.9%).Reported Earnings • Mar 28Full year 2022 earnings released: EPS: ₱0.60 (vs ₱0.42 in FY 2021)Full year 2022 results: EPS: ₱0.60 (up from ₱0.42 in FY 2021). Revenue: ₱3.20b (up 46% from FY 2021). Net income: ₱399.1m (up 45% from FY 2021). Profit margin: 13% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • Jan 27Mabuhay Vinyl Corporation, Annual General Meeting, Apr 27, 2023Mabuhay Vinyl Corporation, Annual General Meeting, Apr 27, 2023. Agenda: To engage in the business operations involving household/urban hazardous substances.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Ramon Abejuela was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 12Mabuhay Vinyl Corporation Approves Appointment of Members of CommitteesMabuhay Vinyl Corporation announced that at its board meeting held on 10 November 2022, approved the appointment of Members of Committees- The following were appointed as members of the different committees: Audit Committee - Ramon J Abejuela (Chairperson/Independent Director) & Francisco J. Kong (Independent Director); Executive Compensation Committee - Ramon J. Abejuela (Independent Director); Nomination Committee - Francisco J. Kong (Chairperson/Independent Director).Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₱4.41, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 16x in the Chemicals industry in Asia. Total returns to shareholders of 35% over the past three years.Reported Earnings • Aug 17Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ₱825.9m (up 62% from 2Q 2021). Net income: ₱86.7m (up 16% from 2Q 2021). Profit margin: 11% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses.Recent Insider Transactions • Aug 16Insider recently sold ₱53k worth of stockOn the 15th of August, Jose Juliano sold around 10k shares on-market at roughly ₱5.29 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱83k more than they bought in the last 12 months.お知らせ • Jul 22Mabuhay Vinyl Corporation Announces Board ChangesThe Board of Directors of Mabuhay Vinyl Corporation in its regular meeting on 21 July 2022, accepted with regrets the resignation of Dr. Jose O. Juliano and Mr. Renato M. Migriño as Independent Directors effective 31 July 2022. In the same meeting, upon endorsement by the Nomination Committee, the Board duly elected as Independent Directors Mr. Ramon J. Abejuela and Mr. Francis J. Kong, effective 1 August 2022, to serve the unexpired portion of Dr. Juliano's and Mr. Migriño's term of office. Dr. Jose O. Juliano resigned due to old age. Mr. Renato M. Migriño resigned due to personal reasons.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₱4.40, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 17x in the Chemicals industry in Asia. Total returns to shareholders of 35% over the past three years.Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₱5.49, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 17x in the Chemicals industry in Asia. Total returns to shareholders of 65% over the past three years.Reported Earnings • May 19First quarter 2022 earnings released: EPS: ₱0.16 (vs ₱0.13 in 1Q 2021)First quarter 2022 results: EPS: ₱0.16 (up from ₱0.13 in 1Q 2021). Revenue: ₱817.6m (up 62% from 1Q 2021). Net income: ₱107.6m (up 27% from 1Q 2021). Profit margin: 13% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • May 16Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Filipino dividend payers (4.9%). In line with average of industry peers (2.5%).Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Renato Migrino was the last independent director to join the board, commencing their role in 2005. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 04Full year 2021 earnings released: EPS: ₱0.42 (vs ₱0.50 in FY 2020)Full year 2021 results: EPS: ₱0.42 (down from ₱0.50 in FY 2020). Revenue: ₱2.19b (up 5.7% from FY 2020). Net income: ₱275.9m (down 17% from FY 2020). Profit margin: 13% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Jan 28Mabuhay Vinyl Corporation, Annual General Meeting, Apr 28, 2022Mabuhay Vinyl Corporation, Annual General Meeting, Apr 28, 2022.Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS ₱0.089 (vs ₱0.12 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₱528.8m (up 4.3% from 3Q 2020). Net income: ₱59.1m (down 26% from 3Q 2020). Profit margin: 11% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 20Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₱4.50, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 20x in the Chemicals industry in Asia. Total returns to shareholders of 43% over the past three years.Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS ₱0.11 (vs ₱0.085 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱511.4m (up 14% from 2Q 2020). Net income: ₱74.6m (up 33% from 2Q 2020). Profit margin: 15% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₱4.53, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 21x in the Chemicals industry in Asia. Total returns to shareholders of 46% over the past three years.Executive Departure • Jul 06Director Takayuki Nakamura has left the companyOn the 25th of June, Takayuki Nakamura's tenure as Director ended after 4.9 years in the role. As of March 2021, Takayuki still personally held only 5.00k shares (₱23k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.08 years.Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₱5.40, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Chemicals industry in Asia. Total returns to shareholders of 79% over the past three years.Reported Earnings • May 19First quarter 2021 earnings released: EPS ₱0.13 (vs ₱0.15 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₱504.9m (down 10% from 1Q 2020). Net income: ₱85.1m (down 17% from 1Q 2020). Profit margin: 17% (down from 18% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 14Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 21 May 2021. Payment date: 17 June 2021. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (4.2%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 06Full year 2020 earnings released: EPS ₱0.50 (vs ₱0.55 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ₱2.07b (down 11% from FY 2019). Net income: ₱333.0m (down 8.4% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₱3.50, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 21x in the Chemicals industry in Asia. Total returns to shareholders of 24% over the past three years.お知らせ • Mar 01Mabuhay Vinyl Corporation to Report Fiscal Year 2020 Results on Feb 26, 2021Mabuhay Vinyl Corporation announced that they will report fiscal year 2020 results on Feb 26, 2021Is New 90 Day High Low • Feb 11New 90-day low: ₱4.31The company is down 2.0% from its price of ₱4.40 on 13 November 2020. The Filipino market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.お知らせ • Jan 29Mabuhay Vinyl Corporation, Annual General Meeting, Apr 28, 2021Mabuhay Vinyl Corporation, Annual General Meeting, Apr 28, 2021.Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS ₱0.12The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: ₱507.2m (down 9.2% from 3Q 2019). Net income: ₱79.9m (down 4.0% from 3Q 2019). Profit margin: 16% (up from 15% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 13Mabuhay Vinyl Corporation Announces Executive ChangesMabuhay Vinyl Corporation announced at its Special Meeting held via remote communication on 11 November 2020, the board of directors of the company accepted the resignation of Atty. Stephanie Maree N. Dysangco as Assistant Corporate Secretary of the company effective 11 November 2020 as she will be joining the government service. At the same meeting, Atty. Pamela Ann T. Cayabyab was nominated and elected as the Company's Assistant Corporate Secretary effective beginning 11 November 2020 and to serve as such for the remaining term of Atty.収支内訳Mabuhay Vinyl の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史PSE:MVC 収益、費用、利益 ( )PHP Millions日付収益収益G+A経費研究開発費31 Mar 263,377374699031 Dec 253,340355663030 Sep 253,341289640030 Jun 253,282305637031 Mar 253,215308622031 Dec 243,074331603030 Sep 243,044325643030 Jun 242,998346627031 Mar 242,971390617031 Dec 233,074408604030 Sep 233,133479587030 Jun 233,126450576031 Mar 233,205404578031 Dec 223,201399574030 Sep 223,023344541030 Jun 222,815311500031 Mar 222,500298460031 Dec 212,187276434030 Sep 212,100314418030 Jun 212,078334425031 Mar 212,013316409031 Dec 202,070333406030 Sep 202,097322385030 Jun 202,149325388031 Mar 202,233352397031 Dec 192,323363387030 Sep 192,433373407030 Jun 192,584422387031 Mar 192,821438380031 Dec 182,853396370030 Sep 182,768343367030 Jun 182,650258355031 Mar 182,388187340031 Dec 172,173126335030 Sep 172,084144333030 Jun 171,891121322031 Mar 171,769115306031 Dec 161,679127286030 Sep 161,53892278030 Jun 161,48884267031 Mar 161,46980265031 Dec 151,45586264030 Sep 151,47391268030 Jun 151,515972800質の高い収益: MVCは 高品質の収益 を持っています。利益率の向上: MVCの現在の純利益率 (11.1%)は、昨年(9.6%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: MVCの収益は過去 5 年間で年間0.9%増加しました。成長の加速: MVCの過去 1 年間の収益成長率 ( 21.6% ) は、5 年間の平均 ( 年間0.9%を上回っています。収益対業界: MVCの過去 1 年間の収益成長率 ( 21.6% ) はChemicals業界5.7%を上回りました。株主資本利益率高いROE: MVCの 自己資本利益率 ( 8.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health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2026/05/22 12:31終値2026/05/22 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Mabuhay Vinyl Corporation 0 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。0
Reported Earnings • May 19First quarter 2026 earnings released: EPS: ₱0.14 (vs ₱0.11 in 1Q 2025)First quarter 2026 results: EPS: ₱0.14 (up from ₱0.11 in 1Q 2025). Revenue: ₱895.5m (up 4.3% from 1Q 2025). Net income: ₱90.1m (up 26% from 1Q 2025). Profit margin: 10% (up from 8.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.54 (vs ₱0.50 in FY 2024)Full year 2025 results: EPS: ₱0.54 (up from ₱0.50 in FY 2024). Revenue: ₱3.34b (up 8.7% from FY 2024). Net income: ₱355.3m (up 7.5% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.13 (vs ₱0.15 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.13 (down from ₱0.15 in 3Q 2024). Revenue: ₱849.8m (up 7.5% from 3Q 2024). Net income: ₱85.7m (down 15% from 3Q 2024). Profit margin: 10% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% 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.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₱0.13 (vs ₱0.13 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.13 (down from ₱0.13 in 2Q 2024). Revenue: ₱841.3m (up 8.7% from 2Q 2024). Net income: ₱85.1m (down 3.5% from 2Q 2024). Profit margin: 10% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: ₱0.11 (vs ₱0.14 in 1Q 2024)First quarter 2025 results: EPS: ₱0.11 (down from ₱0.14 in 1Q 2024). Revenue: ₱858.9m (up 20% from 1Q 2024). Net income: ₱71.4m (down 24% from 1Q 2024). Profit margin: 8.3% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 17Full year 2024 earnings released: EPS: ₱0.50 (vs ₱0.62 in FY 2023)Full year 2024 results: EPS: ₱0.50 (down from ₱0.62 in FY 2023). Revenue: ₱3.07b (flat on FY 2023). Net income: ₱330.6m (down 19% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.
Upcoming Dividend • May 20Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Filipino dividend payers (6.4%). Higher than average of industry peers (1.7%).
Reported Earnings • May 19First quarter 2026 earnings released: EPS: ₱0.14 (vs ₱0.11 in 1Q 2025)First quarter 2026 results: EPS: ₱0.14 (up from ₱0.11 in 1Q 2025). Revenue: ₱895.5m (up 4.3% from 1Q 2025). Net income: ₱90.1m (up 26% from 1Q 2025). Profit margin: 10% (up from 8.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Declared Dividend • May 06Dividend of ₱0.10 announcedDividend of ₱0.10 is the same as last year. Ex-date: 25th May 2026 Payment date: 17th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 7.2% 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. Earnings per share has grown by 1.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 05Mabuhay Vinyl Corporation announces Annual dividend, payable on June 17, 2026Mabuhay Vinyl Corporation announced Annual dividend of PHP 0.1000 per share payable on June 17, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.
Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.54 (vs ₱0.50 in FY 2024)Full year 2025 results: EPS: ₱0.54 (up from ₱0.50 in FY 2024). Revenue: ₱3.34b (up 8.7% from FY 2024). Net income: ₱355.3m (up 7.5% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₱5.68, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 23x in the Chemicals industry in Asia. Total returns to shareholders of 10% over the past three years.
お知らせ • Jan 12Mabuhay Vinyl Corporation, Annual General Meeting, Apr 30, 2026Mabuhay Vinyl Corporation, Annual General Meeting, Apr 30, 2026.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.13 (vs ₱0.15 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.13 (down from ₱0.15 in 3Q 2024). Revenue: ₱849.8m (up 7.5% from 3Q 2024). Net income: ₱85.7m (down 15% from 3Q 2024). Profit margin: 10% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% 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.
Board Change • Nov 10Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Ramon Abejuela was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₱0.13 (vs ₱0.13 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.13 (down from ₱0.13 in 2Q 2024). Revenue: ₱841.3m (up 8.7% from 2Q 2024). Net income: ₱85.1m (down 3.5% from 2Q 2024). Profit margin: 10% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
New Risk • May 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₱3.32b market cap, or US$59.7m).
Reported Earnings • May 17First quarter 2025 earnings released: EPS: ₱0.11 (vs ₱0.14 in 1Q 2024)First quarter 2025 results: EPS: ₱0.11 (down from ₱0.14 in 1Q 2024). Revenue: ₱858.9m (up 20% from 1Q 2024). Net income: ₱71.4m (down 24% from 1Q 2024). Profit margin: 8.3% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 15Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 22 May 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Filipino dividend payers (6.4%). Lower than average of industry peers (2.3%).
Declared Dividend • Apr 28Dividend of ₱0.10 announcedDividend of ₱0.10 is the same as last year. Ex-date: 22nd May 2025 Payment date: 16th June 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (135% cash payout ratio). The dividend has increased by an average of 7.2% 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. The company's earnings per share (EPS) would need to decline by 77% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.9% EPS decline seen over the last 5 years.
お知らせ • Apr 25Mabuhay Vinyl Corporation Approves Cash Dividend, Payable on June 16, 2025The Board of Directors of MABUHAY VINYL CORPORATION in its regular meeting held on 24 April 2025, approved the declaration of cash dividend out of the unrestricted retained earnings as of 31 December 2024 of 10% per share (PHP 0.10 per share) to stockholders of record as of the close of business hours on May 23, 2025, to be paid on June 16, 2025.
Reported Earnings • Apr 17Full year 2024 earnings released: EPS: ₱0.50 (vs ₱0.62 in FY 2023)Full year 2024 results: EPS: ₱0.50 (down from ₱0.62 in FY 2023). Revenue: ₱3.07b (flat on FY 2023). Net income: ₱330.6m (down 19% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱5.84, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 21x in the Chemicals industry in Asia. Total returns to shareholders of 40% over the past three years.
お知らせ • Jan 24Mabuhay Vinyl Corporation, Annual General Meeting, Apr 24, 2025Mabuhay Vinyl Corporation, Annual General Meeting, Apr 24, 2025, at 15:00 W. Australia Standard Time.
New Risk • Nov 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (₱3.50b market cap, or US$59.7m).
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₱5.79, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 22x in the Chemicals industry in Asia. Total returns to shareholders of 25% over the past three years.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱4.93, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 21x in the Chemicals industry in Asia. Total loss to shareholders of 3.8% over the past three years.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ₱0.14 (vs ₱0.17 in 1Q 2023)First quarter 2024 results: EPS: ₱0.14 (down from ₱0.17 in 1Q 2023). Revenue: ₱718.3m (down 13% from 1Q 2023). Net income: ₱94.4m (down 16% from 1Q 2023). Profit margin: 13% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 16Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 23 May 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Filipino dividend payers (5.6%). Lower than average of industry peers (2.2%).
Declared Dividend • Apr 29Dividend of ₱0.10 announcedDividend of ₱0.10 is the same as last year. Ex-date: 23rd May 2024 Payment date: 17th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (14% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 7.2% 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. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Apr 27Mabuhay Vinyl Corporation Approves Cash Dividend, Payable on June 17, 2024The Board of Directors of Mabuhay Vinyl Corporation had its Regular Meeting of the Board of Directors held via remote communication on 25 April 2024, approved the declaration of cash dividend out of the unrestricted retained earnings of as of 31 December 2023 of 10% per share (PHP 0.10/share) to stockholders of record as of the close of business hours on 24 May 2024, to be paid on 17 June 2024.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₱6.19, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 22x in the Chemicals industry in Asia. Total returns to shareholders of 41% over the past three years.
Reported Earnings • Apr 17Full year 2023 earnings released: EPS: ₱0.62 (vs ₱0.60 in FY 2022)Full year 2023 results: EPS: ₱0.62 (up from ₱0.60 in FY 2022). Revenue: ₱3.07b (down 4.0% from FY 2022). Net income: ₱408.4m (up 2.3% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₱4.32b market cap, or US$77.4m).
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱6.54, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 22x in the Chemicals industry in Asia. Total returns to shareholders of 56% over the past three years.
お知らせ • Feb 08Mabuhay Vinyl Corporation, Annual General Meeting, Apr 25, 2024Mabuhay Vinyl Corporation, Annual General Meeting, Apr 25, 2024.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: ₱0.18 (vs ₱0.14 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.18 (up from ₱0.14 in 3Q 2022). Revenue: ₱743.8m (flat on 3Q 2022). Net income: ₱122.2m (up 32% from 3Q 2022). Profit margin: 16% (up from 13% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ₱0.20 (vs ₱0.13 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.20 (up from ₱0.13 in 2Q 2022). Revenue: ₱747.1m (down 9.5% from 2Q 2022). Net income: ₱132.2m (up 53% from 2Q 2022). Profit margin: 18% (up from 11% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Jun 17+ 1 more updateMabuhay Vinyl Corporation Announces Chief Executive Officer ChangesThe Board of Directors of Mabuhay Vinyl Corporation in its special meeting held 15 June 2023 accepted the resignation of Mr. Takahiro Machiba effective 23 June 2023 as Director, Chief Executive Officer. In the same meeting, upon endorsement by the Nomination Committee, the Board duly elected Mr. Yohei Chikamoto to serve the unexpired portion of Mr. Machiba's term of office.
Reported Earnings • May 17First quarter 2023 earnings released: EPS: ₱0.17 (vs ₱0.16 in 1Q 2022)First quarter 2023 results: EPS: ₱0.17 (up from ₱0.16 in 1Q 2022). Revenue: ₱821.3m (flat on 1Q 2022). Net income: ₱112.9m (up 4.9% from 1Q 2022). Profit margin: 14% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 16Upcoming dividend of ₱0.10 per share at 1.8% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 19 June 2023. Payout ratio is a comfortable 19% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Filipino dividend payers (5.8%). Lower than average of industry peers (2.9%).
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: ₱0.60 (vs ₱0.42 in FY 2021)Full year 2022 results: EPS: ₱0.60 (up from ₱0.42 in FY 2021). Revenue: ₱3.20b (up 46% from FY 2021). Net income: ₱399.1m (up 45% from FY 2021). Profit margin: 13% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • Jan 27Mabuhay Vinyl Corporation, Annual General Meeting, Apr 27, 2023Mabuhay Vinyl Corporation, Annual General Meeting, Apr 27, 2023. Agenda: To engage in the business operations involving household/urban hazardous substances.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Ramon Abejuela was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 12Mabuhay Vinyl Corporation Approves Appointment of Members of CommitteesMabuhay Vinyl Corporation announced that at its board meeting held on 10 November 2022, approved the appointment of Members of Committees- The following were appointed as members of the different committees: Audit Committee - Ramon J Abejuela (Chairperson/Independent Director) & Francisco J. Kong (Independent Director); Executive Compensation Committee - Ramon J. Abejuela (Independent Director); Nomination Committee - Francisco J. Kong (Chairperson/Independent Director).
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₱4.41, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 16x in the Chemicals industry in Asia. Total returns to shareholders of 35% over the past three years.
Reported Earnings • Aug 17Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ₱825.9m (up 62% from 2Q 2021). Net income: ₱86.7m (up 16% from 2Q 2021). Profit margin: 11% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses.
Recent Insider Transactions • Aug 16Insider recently sold ₱53k worth of stockOn the 15th of August, Jose Juliano sold around 10k shares on-market at roughly ₱5.29 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱83k more than they bought in the last 12 months.
お知らせ • Jul 22Mabuhay Vinyl Corporation Announces Board ChangesThe Board of Directors of Mabuhay Vinyl Corporation in its regular meeting on 21 July 2022, accepted with regrets the resignation of Dr. Jose O. Juliano and Mr. Renato M. Migriño as Independent Directors effective 31 July 2022. In the same meeting, upon endorsement by the Nomination Committee, the Board duly elected as Independent Directors Mr. Ramon J. Abejuela and Mr. Francis J. Kong, effective 1 August 2022, to serve the unexpired portion of Dr. Juliano's and Mr. Migriño's term of office. Dr. Jose O. Juliano resigned due to old age. Mr. Renato M. Migriño resigned due to personal reasons.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₱4.40, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 17x in the Chemicals industry in Asia. Total returns to shareholders of 35% over the past three years.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₱5.49, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 17x in the Chemicals industry in Asia. Total returns to shareholders of 65% over the past three years.
Reported Earnings • May 19First quarter 2022 earnings released: EPS: ₱0.16 (vs ₱0.13 in 1Q 2021)First quarter 2022 results: EPS: ₱0.16 (up from ₱0.13 in 1Q 2021). Revenue: ₱817.6m (up 62% from 1Q 2021). Net income: ₱107.6m (up 27% from 1Q 2021). Profit margin: 13% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 16Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Filipino dividend payers (4.9%). In line with average of industry peers (2.5%).
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Renato Migrino was the last independent director to join the board, commencing their role in 2005. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 04Full year 2021 earnings released: EPS: ₱0.42 (vs ₱0.50 in FY 2020)Full year 2021 results: EPS: ₱0.42 (down from ₱0.50 in FY 2020). Revenue: ₱2.19b (up 5.7% from FY 2020). Net income: ₱275.9m (down 17% from FY 2020). Profit margin: 13% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Jan 28Mabuhay Vinyl Corporation, Annual General Meeting, Apr 28, 2022Mabuhay Vinyl Corporation, Annual General Meeting, Apr 28, 2022.
Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS ₱0.089 (vs ₱0.12 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₱528.8m (up 4.3% from 3Q 2020). Net income: ₱59.1m (down 26% from 3Q 2020). Profit margin: 11% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₱4.50, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 20x in the Chemicals industry in Asia. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS ₱0.11 (vs ₱0.085 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱511.4m (up 14% from 2Q 2020). Net income: ₱74.6m (up 33% from 2Q 2020). Profit margin: 15% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₱4.53, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 21x in the Chemicals industry in Asia. Total returns to shareholders of 46% over the past three years.
Executive Departure • Jul 06Director Takayuki Nakamura has left the companyOn the 25th of June, Takayuki Nakamura's tenure as Director ended after 4.9 years in the role. As of March 2021, Takayuki still personally held only 5.00k shares (₱23k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.08 years.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₱5.40, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Chemicals industry in Asia. Total returns to shareholders of 79% over the past three years.
Reported Earnings • May 19First quarter 2021 earnings released: EPS ₱0.13 (vs ₱0.15 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₱504.9m (down 10% from 1Q 2020). Net income: ₱85.1m (down 17% from 1Q 2020). Profit margin: 17% (down from 18% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 14Upcoming dividend of ₱0.10 per shareEligible shareholders must have bought the stock before 21 May 2021. Payment date: 17 June 2021. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (4.2%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 06Full year 2020 earnings released: EPS ₱0.50 (vs ₱0.55 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ₱2.07b (down 11% from FY 2019). Net income: ₱333.0m (down 8.4% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₱3.50, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 21x in the Chemicals industry in Asia. Total returns to shareholders of 24% over the past three years.
お知らせ • Mar 01Mabuhay Vinyl Corporation to Report Fiscal Year 2020 Results on Feb 26, 2021Mabuhay Vinyl Corporation announced that they will report fiscal year 2020 results on Feb 26, 2021
Is New 90 Day High Low • Feb 11New 90-day low: ₱4.31The company is down 2.0% from its price of ₱4.40 on 13 November 2020. The Filipino market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.
お知らせ • Jan 29Mabuhay Vinyl Corporation, Annual General Meeting, Apr 28, 2021Mabuhay Vinyl Corporation, Annual General Meeting, Apr 28, 2021.
Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS ₱0.12The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: ₱507.2m (down 9.2% from 3Q 2019). Net income: ₱79.9m (down 4.0% from 3Q 2019). Profit margin: 16% (up from 15% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 13Mabuhay Vinyl Corporation Announces Executive ChangesMabuhay Vinyl Corporation announced at its Special Meeting held via remote communication on 11 November 2020, the board of directors of the company accepted the resignation of Atty. Stephanie Maree N. Dysangco as Assistant Corporate Secretary of the company effective 11 November 2020 as she will be joining the government service. At the same meeting, Atty. Pamela Ann T. Cayabyab was nominated and elected as the Company's Assistant Corporate Secretary effective beginning 11 November 2020 and to serve as such for the remaining term of Atty.