A Brown Company (BRN) 주식 개요는 필리핀에서 부동산 개발 사업을 영위하는 회사입니다. 자세히 보기BRN 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적4/6재무 건전성3/6배당2/6강점주가수익률(2.5x)이 PH 시장(7.7x)보다 낮습니다.지난 1년간 수익이 299.1% 증가했습니다.위험 분석높은 수준의 비현금 수입3.85% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.의미 있는 시가총액이 없습니다(₱1B)모든 위험 점검 보기BRN Community Fair Values Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₱Current Price₱0.6520.4% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-44m5b2016201920222025202620282031Revenue ₱4.5bEarnings ₱1.4bAdvancedSet Fair ValueView all narrativesA Brown Company, Inc. 경쟁사ArthalandSymbol: PSE:ALCOMarket cap: ₱2.3bEmpire East Land HoldingsSymbol: PSE:ELIMarket cap: ₱1.5bCrown EquitiesSymbol: PSE:CEIMarket cap: ₱1.3bCity & Land DevelopersSymbol: PSE:LANDMarket cap: ₱765.6m가격 이력 및 성과A Brown Company 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가₱0.6552주 최고가₱1.0752주 최저가₱0.50베타-0.141개월 변동-18.75%3개월 변동-35.00%1년 변동20.37%3년 변동-17.72%5년 변동-32.99%IPO 이후 변동-48.08%최근 뉴스 및 업데이트New Risk • May 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₱1.65b market cap, or US$26.7m).공시 • Apr 28A Brown Company, Inc., Annual General Meeting, Jun 25, 2026A Brown Company, Inc., Annual General Meeting, Jun 25, 2026, at 13:00 W. Australia Standard Time.Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.28 (vs ₱0.064 in FY 2024)Full year 2025 results: EPS: ₱0.28 (up from ₱0.064 in FY 2024). Revenue: ₱1.89b (up 4.6% from FY 2024). Net income: ₱866.7m (up 468% from FY 2024). Profit margin: 46% (up from 8.4% in FY 2024). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.Recent Insider Transactions • Feb 21President & Director recently bought ₱499k worth of stockOn the 20th of February, Paul Francis Juat bought around 500k shares on-market at roughly ₱1.00 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Paul Francis has been a buyer over the last 12 months, purchasing a net total of ₱1.2m worth in shares.Recent Insider Transactions • Nov 22Insider recently sold ₱270k worth of stockOn the 19th of November, Daniel Winston Tan-chi sold around 300k shares on-market at roughly ₱0.90 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱113m more than they bought in the last 12 months.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ₱0.60 (vs ₱0.04 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.60 (up from ₱0.04 in 3Q 2024). Revenue: ₱213.9m (down 65% from 3Q 2024). Net income: ₱1.50b (up ₱1.36b from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.더 많은 업데이트 보기Recent updatesNew Risk • May 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₱1.65b market cap, or US$26.7m).공시 • Apr 28A Brown Company, Inc., Annual General Meeting, Jun 25, 2026A Brown Company, Inc., Annual General Meeting, Jun 25, 2026, at 13:00 W. Australia Standard Time.Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.28 (vs ₱0.064 in FY 2024)Full year 2025 results: EPS: ₱0.28 (up from ₱0.064 in FY 2024). Revenue: ₱1.89b (up 4.6% from FY 2024). Net income: ₱866.7m (up 468% from FY 2024). Profit margin: 46% (up from 8.4% in FY 2024). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.Recent Insider Transactions • Feb 21President & Director recently bought ₱499k worth of stockOn the 20th of February, Paul Francis Juat bought around 500k shares on-market at roughly ₱1.00 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Paul Francis has been a buyer over the last 12 months, purchasing a net total of ₱1.2m worth in shares.Recent Insider Transactions • Nov 22Insider recently sold ₱270k worth of stockOn the 19th of November, Daniel Winston Tan-chi sold around 300k shares on-market at roughly ₱0.90 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱113m more than they bought in the last 12 months.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ₱0.60 (vs ₱0.04 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.60 (up from ₱0.04 in 3Q 2024). Revenue: ₱213.9m (down 65% from 3Q 2024). Net income: ₱1.50b (up ₱1.36b from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.New Risk • Nov 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 5.0% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₱1.49b market cap, or US$25.4m).Recent Insider Transactions • Aug 23Executive Vice President recently bought ₱169k worth of stockOn the 19th of August, Paul Francis Juat bought around 232k shares on-market at roughly ₱0.73 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱112m more in shares than they bought in the last 12 months.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ₱0.08 (vs ₱0.017 loss in 2Q 2024)Second quarter 2025 results: EPS: ₱0.08 (up from ₱0.017 loss in 2Q 2024). Revenue: ₱671.2m (up 22% from 2Q 2024). Net income: ₱247.3m (up ₱286.5m from 2Q 2024). Profit margin: 37% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 24Upcoming dividend of ₱0.025 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Filipino dividend payers (5.9%). Higher than average of industry peers (2.6%).New Risk • Jul 17New 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 8.6% 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: Major Risk Earnings have declined by 5.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (7.9% net profit margin). Significant insider selling over the past 3 months (₱114m sold). Market cap is less than US$100m (₱1.40b market cap, or US$24.4m).Recent Insider Transactions • Jul 10Chairman recently sold ₱114m worth of stockOn the 1st of July, Walter William Brown sold around 196m shares on-market at roughly ₱0.58 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Walter William's only on-market trade for the last 12 months.공시 • Jul 09A Brown Company, Inc. announces Annual dividend, payable on August 15, 2025A Brown Company, Inc. announced Annual dividend of PHP 0.0250 per share payable on August 15, 2025, ex-date on July 31, 2025 and record date on August 01, 2025.New Risk • May 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.9% Last year net profit margin: 27% 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 Earnings have declined by 5.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.9% net profit margin). Market cap is less than US$100m (₱1.28b market cap, or US$23.1m).Reported Earnings • May 14Full year 2024 earnings released: EPS: ₱0.06 (vs ₱0.20 in FY 2023)Full year 2024 results: EPS: ₱0.06 (down from ₱0.20 in FY 2023). Revenue: ₱1.81b (up 11% from FY 2023). Net income: ₱334.1m (down 28% from FY 2023). Profit margin: 19% (down from 28% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.공시 • May 06A Brown Company, Inc., Annual General Meeting, Jun 27, 2025A Brown Company, Inc., Annual General Meeting, Jun 27, 2025, at 13:00 W. Australia Standard Time.Recent Insider Transactions • Mar 11Executive Vice President recently bought ₱573k worth of stockOn the 7th of March, Paul Francis Juat bought around 1m shares on-market at roughly ₱0.55 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱1.9m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Feb 26Insider recently bought ₱108k worth of stockOn the 17th of February, Daniel Winston Tan-chi bought around 200k shares on-market at roughly ₱0.54 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱1.4m more in shares than they have sold in the last 12 months.New Risk • Nov 24New major risk - Revenue and earnings growthEarnings have declined by 1.8% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.6% net profit margin). Market cap is less than US$100m (₱1.33b market cap, or US$22.5m).Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: ₱0.07 (vs ₱0.04 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.07 (up from ₱0.04 in 3Q 2023). Revenue: ₱609.8m (up 83% from 3Q 2023). Net income: ₱134.4m (up 7.3% from 3Q 2023). Profit margin: 22% (down from 38% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year.Recent Insider Transactions • Nov 05Insider recently bought ₱74k worth of stockOn the 30th of October, Daniel Winston Tan-chi bought around 137k shares on-market at roughly ₱0.54 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱363k. Insiders have collectively bought ₱1.4m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Sep 18Executive Vice President recently bought ₱363k worth of stockOn the 12th of September, Paul Francis Juat bought around 700k shares on-market at roughly ₱0.52 per share. This transaction amounted to 8.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱1.3m more in shares than they have sold in the last 12 months.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ₱0.03 (vs ₱0.066 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.03. Revenue: ₱549.9m (up 9.7% from 2Q 2023). Net income: ₱127.6m (up 16% from 2Q 2023). Profit margin: 23% (up from 22% in 2Q 2023). The increase in margin was driven by higher revenue.Upcoming Dividend • Jul 24Upcoming dividend of ₱0.025 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Filipino dividend payers (6.2%). Higher than average of industry peers (1.7%).공시 • Jul 13A Brown Company, Inc. Declares Cash Dividend on Common Shares, Payable on 15 August 2024A Brown Company, Inc. announced that at the board meeting held on July 12, 2024 the Corporation has approved the declaration of cash dividends on Common Shares at PHP 0.025 per share with entitled shareholders of record as of 01 August 2024 and payable on 15 August 2024.공시 • Jul 12A Brown Company, Inc. Announces Board and Committee ChangesA Brown Company, Inc. announced that at the AGM held on 12 July 2024 elected Wayne Y. Coherco and Elpidio M. Paras as independent directors. Immediately after the AGM, the board elected the following directors as members of different committees of the board of directors of the Corporation. Executive Committee Chair: Walter William B. Brown; Members: Robertino E. Pizarro; Annabelle P. Brown; Antonio S. Soriano; Audit Committee: Chair: Elpidio M. Paras; Members: Wayne Y. Coherco; Antonio S. Soriano; Risk Committee: Chair: Wayne Y. Coherco; Members: Elpidio M. Paras; Antonio S. Soriano; Corporate Governance Committee: Chair: Elpidio M. Paras; Members: Wayne Y. Coherco; Annabelle P. Brown; Robertino E. Pizarro; Related Party Transaction Committee Chair: Wayne Y. Coherco; Members: Elpidio M. Paras; Joselito H. Sibayan.Reported Earnings • May 21First quarter 2024 earnings released: EPS: ₱0.02 (vs ₱0.08 in 1Q 2023)First quarter 2024 results: EPS: ₱0.02 (down from ₱0.08 in 1Q 2023). Revenue: ₱287.6m (up 6.4% from 1Q 2023). Net income: ₱79.4m (down 58% from 1Q 2023). Profit margin: 28% (down from 69% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Recent Insider Transactions • May 09Executive Vice President recently bought ₱328k worth of stockOn the 30th of April, Paul Francis Juat bought around 533k shares on-market at roughly ₱0.62 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱499k. Insiders have collectively bought ₱1.7m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Apr 30Executive Vice President recently bought ₱499k worth of stockOn the 24th of April, Paul Francis Juat bought around 831k shares on-market at roughly ₱0.60 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱1.4m more in shares than they have sold in the last 12 months.Reported Earnings • Apr 17Full year 2023 earnings released: EPS: ₱0.20 (vs ₱0.27 in FY 2022)Full year 2023 results: EPS: ₱0.20 (down from ₱0.27 in FY 2022). Revenue: ₱1.62b (up 6.9% from FY 2022). Net income: ₱546.5m (down 13% from FY 2022). Profit margin: 34% (down from 42% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공시 • Apr 08A Brown Company, Inc., Annual General Meeting, Jun 27, 2024A Brown Company, Inc., Annual General Meeting, Jun 27, 2024, at 13:00 Singapore Standard Time.New Risk • Mar 22New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₱55m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Significant insider selling over the past 3 months (₱55m sold). Market cap is less than US$100m (₱1.59b market cap, or US$28.3m).Recent Insider Transactions • Mar 21Chairman recently sold ₱55m worth of stockOn the 12th of March, Walter Brown sold around 89m shares on-market at roughly ₱0.62 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Walter's only on-market trade for the last 12 months.New Risk • Nov 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₱1.66b market cap, or US$29.9m).Recent Insider Transactions • Sep 13Executive Vice President recently bought ₱717k worth of stockOn the 7th of September, Paul Francis Juat bought around 1m shares on-market at roughly ₱0.72 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ₱0.11 (vs ₱0.09 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.11 (up from ₱0.09 in 2Q 2022). Revenue: ₱501.6m (up 39% from 2Q 2022). Net income: ₱281.6m (up 21% from 2Q 2022). Profit margin: 56% (down from 65% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공시 • Jul 04A Brown Company, Inc. Announces Board ChangesA Brown Company, Inc. announced that at its organizational meeting held on elected Paul Francis B. Juat as Executive Vice President and Daniel Winston C. Tan-chi as Assistant Corporate Secretary. The following directors were also elected as members of the different Committees of the Board of Directors of the Corporation: Executive Committee: Chair: Walter W. Brown, Members: Robertino E. Pizarro, Annabelle P. Brown, Antonio S. Soriano. Audit Committee: Chair: Elpidio M. Paras, Members: Thomas G. Aquino, Antonio S. Soriano; Risk Committee: Chair: Thomas G. Aquino, Members: Elpidio M. Paras, Antonio S. Soriano. Corporate Governance Committee: Chair: Elpidio M. Paras, Members: Thomas G. Aauino, Annabelle P. Brown, Robertino E. Pizarro; Related Party Transaction Committee: Chair: Thomas G. Aquino, Members: Elpidio M. Paras, Joselito H. Sibayan.Reported Earnings • May 03Full year 2022 earnings released: EPS: ₱0.27 (vs ₱0.16 in FY 2021)Full year 2022 results: EPS: ₱0.27 (up from ₱0.16 in FY 2021). Revenue: ₱1.52b (up 114% from FY 2021). Net income: ₱639.0m (up 64% from FY 2021). Profit margin: 42% (down from 55% in FY 2021). The decrease in margin was driven by higher 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 10% per year.Board Change • Dec 28Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 2 independent directors (7 non-independent directors). Lead Independent Director Thomas Aquino was the last independent director to join the board, commencing their role in 2012. 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 • Aug 19Second quarter 2022 earnings released: EPS: ₱0.09 (vs ₱0.02 in 2Q 2021)Second quarter 2022 results: EPS: ₱0.09 (up from ₱0.02 in 2Q 2021). Revenue: ₱361.4m (up 332% from 2Q 2021). Net income: ₱232.9m (up 332% from 2Q 2021). Profit margin: 65% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.Reported Earnings • May 18Full year 2021 earnings released: EPS: ₱0.16 (vs ₱0.12 in FY 2020)Full year 2021 results: EPS: ₱0.16 (up from ₱0.12 in FY 2020). Revenue: ₱710.3m (down 18% from FY 2020). Net income: ₱397.6m (up 35% from FY 2020). Profit margin: 56% (up from 34% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year.Recent Insider Transactions • May 12Assistant Corporate Secretary recently bought ₱162k worth of stockOn the 5th of May, Daniel Winston Tan-chi bought around 200k shares on-market at roughly ₱0.81 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱488k more in shares than they have sold in the last 12 months.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 not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Thomas Aquino was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Recent Insider Transactions • Dec 16Assistant Corporate Secretary recently bought ₱240k worth of stockOn the 14th of December, Daniel Winston Tan-chi bought around 300k shares on-market at roughly ₱0.80 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱80k more in shares than they bought in the last 12 months.Reported Earnings • Nov 22Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: ₱0.06 (up from ₱0.03 in 3Q 2020). Revenue: ₱206.1m (down 24% from 3Q 2020). Net income: ₱142.2m (up 68% from 3Q 2020). Profit margin: 69% (up from 31% in 3Q 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.Recent Insider Transactions • Nov 03Assistant Corporate Secretary recently bought ₱86k worth of stockOn the 28th of October, Daniel Winston Tan-chi bought around 100k shares on-market at roughly ₱0.86 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱320k more in shares than they bought in the last 12 months.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS ₱0.022 (vs ₱0.038 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱83.6m (down 1.4% from 2Q 2020). Net income: ₱53.9m (down 42% from 2Q 2020). Profit margin: 64% (down from 110% in 2Q 2020). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% 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 • May 20Full year 2020 earnings released: EPS ₱0.12 (vs ₱0.20 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₱864.0m (down 16% from FY 2019). Net income: ₱294.1m (down 41% from FY 2019). Profit margin: 34% (down from 48% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Jan 16Assistant Corporate Secretary recently sold ₱406k worth of stockOn the 13th of January, Daniel Winston Tan-chi sold around 600k shares on-market at roughly ₱0.68 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₱10m more than they sold in the last 12 months.Is New 90 Day High Low • Jan 13New 90-day high: ₱1.04The company is up 25% from its price of ₱0.83 on 16 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 31% over the same period.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₱1.03, the stock is trading at a trailing P/E ratio of 5.9x, up from the previous P/E ratio of 5.1x. This compares to an average P/E of 10x in the Real Estate industry in Philippines. Total returns to shareholders over the past three years are 3.0%.Is New 90 Day High Low • Dec 16New 90-day high: ₱0.94The company is up 18% from its price of ₱0.80 on 17 September 2020. The Filipino market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 31% over the same period.Is New 90 Day High Low • Nov 24New 90-day high: ₱0.90The company is up 10.0% from its price of ₱0.82 on 26 August 2020. The Filipino market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 27% over the same period.Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS ₱0.045The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: ₱210.8m (up 56% from 3Q 2019). Net income: ₱110.1m (up 27% from 3Q 2019). Profit margin: 52% (down from 64% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Jul 30A Brown Company, Inc. (PSE:BRN) completed the acquisition of 99.9% stake in Vires Energy Corp from Argo Group Pte. Ltd.A Brown Company, Inc. (PSE:BRN) entered into a memorandum of agreement to acquire 99.9% stake in Vires Energy Corp from Argo Group Pte. Ltd. for PHP 50.2 million on October 2, 2019. As part of the acquisition, A Brown Company will acquire 86.995 million shares at PHP 0.577 per share. The transaction will be concluded after the completion of the customary due diligence period of a maximum period of 180 days. As of June 18, 2020, board of directors of A Brown Company approved the acquisition. The acquisition of Vires Energy Corp will pave the way for A A Brown Company to participate in Liquefied natural gas projects and will increase the investment of company and will increase revenue from Return on Investment in future. A Brown Company, Inc. (PSE:BRN) completed the acquisition of 99.9% stake in Vires Energy Corp from Argo Group Pte. Ltd. on June 18, 2020.주주 수익률BRNPH Real EstatePH 시장7D-9.7%-0.4%-0.6%1Y20.4%-16.7%-11.4%전체 주주 수익률 보기수익률 대 산업: BRN은 지난 1년 동안 -16.7%의 수익을 기록한 PH Real Estate 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: BRN은 지난 1년 동안 -11.4%를 기록한 PH 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is BRN's price volatile compared to industry and market?BRN volatilityBRN Average Weekly Movement6.4%Real Estate Industry Average Movement5.8%Market Average Movement5.2%10% most volatile stocks in PH Market10.0%10% least volatile stocks in PH Market2.9%안정적인 주가: BRN는 지난 3개월 동안 PH 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: BRN의 주간 변동성(6%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1966339Robertino Pizarroabrown.ph는 필리핀에서 부동산 개발 사업을 하고 있습니다. 이 회사는 부동산 개발, 농업, 전력 및 유틸리티, 지주 및 서비스 부문을 통해 운영됩니다. 이 회사는 토지를 상업용 및 주거용 세분으로 개발하고, 부지와 주거용 주택을 판매하며, 판매에 필요한 고객 금융을 제공합니다.더 보기A Brown Company, Inc. 기초 지표 요약A Brown Company의 순이익과 매출은 시가총액과 어떻게 비교됩니까?BRN 기초 통계시가총액₱1.49b순이익 (TTM)₱592.99m매출 (TTM)₱1.93b2.5x주가수익비율(P/E)0.8x주가매출비율(P/S)BRN는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표BRN 손익계산서 (TTM)매출₱1.93b매출원가₱965.06m총이익₱965.08m기타 비용₱372.10m순이익₱592.99m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.26총이익률50.00%순이익률30.72%부채/자본 비율38.3%BRN의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당3.8%현재 배당 수익률5%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 22:15종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스A Brown Company, Inc.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
New Risk • May 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₱1.65b market cap, or US$26.7m).
공시 • Apr 28A Brown Company, Inc., Annual General Meeting, Jun 25, 2026A Brown Company, Inc., Annual General Meeting, Jun 25, 2026, at 13:00 W. Australia Standard Time.
Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.28 (vs ₱0.064 in FY 2024)Full year 2025 results: EPS: ₱0.28 (up from ₱0.064 in FY 2024). Revenue: ₱1.89b (up 4.6% from FY 2024). Net income: ₱866.7m (up 468% from FY 2024). Profit margin: 46% (up from 8.4% in FY 2024). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.
Recent Insider Transactions • Feb 21President & Director recently bought ₱499k worth of stockOn the 20th of February, Paul Francis Juat bought around 500k shares on-market at roughly ₱1.00 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Paul Francis has been a buyer over the last 12 months, purchasing a net total of ₱1.2m worth in shares.
Recent Insider Transactions • Nov 22Insider recently sold ₱270k worth of stockOn the 19th of November, Daniel Winston Tan-chi sold around 300k shares on-market at roughly ₱0.90 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱113m more than they bought in the last 12 months.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ₱0.60 (vs ₱0.04 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.60 (up from ₱0.04 in 3Q 2024). Revenue: ₱213.9m (down 65% from 3Q 2024). Net income: ₱1.50b (up ₱1.36b from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
New Risk • May 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₱1.65b market cap, or US$26.7m).
공시 • Apr 28A Brown Company, Inc., Annual General Meeting, Jun 25, 2026A Brown Company, Inc., Annual General Meeting, Jun 25, 2026, at 13:00 W. Australia Standard Time.
Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.28 (vs ₱0.064 in FY 2024)Full year 2025 results: EPS: ₱0.28 (up from ₱0.064 in FY 2024). Revenue: ₱1.89b (up 4.6% from FY 2024). Net income: ₱866.7m (up 468% from FY 2024). Profit margin: 46% (up from 8.4% in FY 2024). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.
Recent Insider Transactions • Feb 21President & Director recently bought ₱499k worth of stockOn the 20th of February, Paul Francis Juat bought around 500k shares on-market at roughly ₱1.00 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Paul Francis has been a buyer over the last 12 months, purchasing a net total of ₱1.2m worth in shares.
Recent Insider Transactions • Nov 22Insider recently sold ₱270k worth of stockOn the 19th of November, Daniel Winston Tan-chi sold around 300k shares on-market at roughly ₱0.90 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱113m more than they bought in the last 12 months.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ₱0.60 (vs ₱0.04 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.60 (up from ₱0.04 in 3Q 2024). Revenue: ₱213.9m (down 65% from 3Q 2024). Net income: ₱1.50b (up ₱1.36b from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
New Risk • Nov 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 5.0% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₱1.49b market cap, or US$25.4m).
Recent Insider Transactions • Aug 23Executive Vice President recently bought ₱169k worth of stockOn the 19th of August, Paul Francis Juat bought around 232k shares on-market at roughly ₱0.73 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱112m more in shares than they bought in the last 12 months.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ₱0.08 (vs ₱0.017 loss in 2Q 2024)Second quarter 2025 results: EPS: ₱0.08 (up from ₱0.017 loss in 2Q 2024). Revenue: ₱671.2m (up 22% from 2Q 2024). Net income: ₱247.3m (up ₱286.5m from 2Q 2024). Profit margin: 37% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 24Upcoming dividend of ₱0.025 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Filipino dividend payers (5.9%). Higher than average of industry peers (2.6%).
New Risk • Jul 17New 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 8.6% 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: Major Risk Earnings have declined by 5.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (7.9% net profit margin). Significant insider selling over the past 3 months (₱114m sold). Market cap is less than US$100m (₱1.40b market cap, or US$24.4m).
Recent Insider Transactions • Jul 10Chairman recently sold ₱114m worth of stockOn the 1st of July, Walter William Brown sold around 196m shares on-market at roughly ₱0.58 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Walter William's only on-market trade for the last 12 months.
공시 • Jul 09A Brown Company, Inc. announces Annual dividend, payable on August 15, 2025A Brown Company, Inc. announced Annual dividend of PHP 0.0250 per share payable on August 15, 2025, ex-date on July 31, 2025 and record date on August 01, 2025.
New Risk • May 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.9% Last year net profit margin: 27% 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 Earnings have declined by 5.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.9% net profit margin). Market cap is less than US$100m (₱1.28b market cap, or US$23.1m).
Reported Earnings • May 14Full year 2024 earnings released: EPS: ₱0.06 (vs ₱0.20 in FY 2023)Full year 2024 results: EPS: ₱0.06 (down from ₱0.20 in FY 2023). Revenue: ₱1.81b (up 11% from FY 2023). Net income: ₱334.1m (down 28% from FY 2023). Profit margin: 19% (down from 28% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.
공시 • May 06A Brown Company, Inc., Annual General Meeting, Jun 27, 2025A Brown Company, Inc., Annual General Meeting, Jun 27, 2025, at 13:00 W. Australia Standard Time.
Recent Insider Transactions • Mar 11Executive Vice President recently bought ₱573k worth of stockOn the 7th of March, Paul Francis Juat bought around 1m shares on-market at roughly ₱0.55 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱1.9m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Feb 26Insider recently bought ₱108k worth of stockOn the 17th of February, Daniel Winston Tan-chi bought around 200k shares on-market at roughly ₱0.54 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱1.4m more in shares than they have sold in the last 12 months.
New Risk • Nov 24New major risk - Revenue and earnings growthEarnings have declined by 1.8% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.6% net profit margin). Market cap is less than US$100m (₱1.33b market cap, or US$22.5m).
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: ₱0.07 (vs ₱0.04 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.07 (up from ₱0.04 in 3Q 2023). Revenue: ₱609.8m (up 83% from 3Q 2023). Net income: ₱134.4m (up 7.3% from 3Q 2023). Profit margin: 22% (down from 38% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year.
Recent Insider Transactions • Nov 05Insider recently bought ₱74k worth of stockOn the 30th of October, Daniel Winston Tan-chi bought around 137k shares on-market at roughly ₱0.54 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱363k. Insiders have collectively bought ₱1.4m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Sep 18Executive Vice President recently bought ₱363k worth of stockOn the 12th of September, Paul Francis Juat bought around 700k shares on-market at roughly ₱0.52 per share. This transaction amounted to 8.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱1.3m more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ₱0.03 (vs ₱0.066 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.03. Revenue: ₱549.9m (up 9.7% from 2Q 2023). Net income: ₱127.6m (up 16% from 2Q 2023). Profit margin: 23% (up from 22% in 2Q 2023). The increase in margin was driven by higher revenue.
Upcoming Dividend • Jul 24Upcoming dividend of ₱0.025 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Filipino dividend payers (6.2%). Higher than average of industry peers (1.7%).
공시 • Jul 13A Brown Company, Inc. Declares Cash Dividend on Common Shares, Payable on 15 August 2024A Brown Company, Inc. announced that at the board meeting held on July 12, 2024 the Corporation has approved the declaration of cash dividends on Common Shares at PHP 0.025 per share with entitled shareholders of record as of 01 August 2024 and payable on 15 August 2024.
공시 • Jul 12A Brown Company, Inc. Announces Board and Committee ChangesA Brown Company, Inc. announced that at the AGM held on 12 July 2024 elected Wayne Y. Coherco and Elpidio M. Paras as independent directors. Immediately after the AGM, the board elected the following directors as members of different committees of the board of directors of the Corporation. Executive Committee Chair: Walter William B. Brown; Members: Robertino E. Pizarro; Annabelle P. Brown; Antonio S. Soriano; Audit Committee: Chair: Elpidio M. Paras; Members: Wayne Y. Coherco; Antonio S. Soriano; Risk Committee: Chair: Wayne Y. Coherco; Members: Elpidio M. Paras; Antonio S. Soriano; Corporate Governance Committee: Chair: Elpidio M. Paras; Members: Wayne Y. Coherco; Annabelle P. Brown; Robertino E. Pizarro; Related Party Transaction Committee Chair: Wayne Y. Coherco; Members: Elpidio M. Paras; Joselito H. Sibayan.
Reported Earnings • May 21First quarter 2024 earnings released: EPS: ₱0.02 (vs ₱0.08 in 1Q 2023)First quarter 2024 results: EPS: ₱0.02 (down from ₱0.08 in 1Q 2023). Revenue: ₱287.6m (up 6.4% from 1Q 2023). Net income: ₱79.4m (down 58% from 1Q 2023). Profit margin: 28% (down from 69% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • May 09Executive Vice President recently bought ₱328k worth of stockOn the 30th of April, Paul Francis Juat bought around 533k shares on-market at roughly ₱0.62 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱499k. Insiders have collectively bought ₱1.7m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Apr 30Executive Vice President recently bought ₱499k worth of stockOn the 24th of April, Paul Francis Juat bought around 831k shares on-market at roughly ₱0.60 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱1.4m more in shares than they have sold in the last 12 months.
Reported Earnings • Apr 17Full year 2023 earnings released: EPS: ₱0.20 (vs ₱0.27 in FY 2022)Full year 2023 results: EPS: ₱0.20 (down from ₱0.27 in FY 2022). Revenue: ₱1.62b (up 6.9% from FY 2022). Net income: ₱546.5m (down 13% from FY 2022). Profit margin: 34% (down from 42% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공시 • Apr 08A Brown Company, Inc., Annual General Meeting, Jun 27, 2024A Brown Company, Inc., Annual General Meeting, Jun 27, 2024, at 13:00 Singapore Standard Time.
New Risk • Mar 22New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₱55m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Significant insider selling over the past 3 months (₱55m sold). Market cap is less than US$100m (₱1.59b market cap, or US$28.3m).
Recent Insider Transactions • Mar 21Chairman recently sold ₱55m worth of stockOn the 12th of March, Walter Brown sold around 89m shares on-market at roughly ₱0.62 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Walter's only on-market trade for the last 12 months.
New Risk • Nov 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₱1.66b market cap, or US$29.9m).
Recent Insider Transactions • Sep 13Executive Vice President recently bought ₱717k worth of stockOn the 7th of September, Paul Francis Juat bought around 1m shares on-market at roughly ₱0.72 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ₱0.11 (vs ₱0.09 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.11 (up from ₱0.09 in 2Q 2022). Revenue: ₱501.6m (up 39% from 2Q 2022). Net income: ₱281.6m (up 21% from 2Q 2022). Profit margin: 56% (down from 65% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공시 • Jul 04A Brown Company, Inc. Announces Board ChangesA Brown Company, Inc. announced that at its organizational meeting held on elected Paul Francis B. Juat as Executive Vice President and Daniel Winston C. Tan-chi as Assistant Corporate Secretary. The following directors were also elected as members of the different Committees of the Board of Directors of the Corporation: Executive Committee: Chair: Walter W. Brown, Members: Robertino E. Pizarro, Annabelle P. Brown, Antonio S. Soriano. Audit Committee: Chair: Elpidio M. Paras, Members: Thomas G. Aquino, Antonio S. Soriano; Risk Committee: Chair: Thomas G. Aquino, Members: Elpidio M. Paras, Antonio S. Soriano. Corporate Governance Committee: Chair: Elpidio M. Paras, Members: Thomas G. Aauino, Annabelle P. Brown, Robertino E. Pizarro; Related Party Transaction Committee: Chair: Thomas G. Aquino, Members: Elpidio M. Paras, Joselito H. Sibayan.
Reported Earnings • May 03Full year 2022 earnings released: EPS: ₱0.27 (vs ₱0.16 in FY 2021)Full year 2022 results: EPS: ₱0.27 (up from ₱0.16 in FY 2021). Revenue: ₱1.52b (up 114% from FY 2021). Net income: ₱639.0m (up 64% from FY 2021). Profit margin: 42% (down from 55% in FY 2021). The decrease in margin was driven by higher 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 10% per year.
Board Change • Dec 28Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 2 independent directors (7 non-independent directors). Lead Independent Director Thomas Aquino was the last independent director to join the board, commencing their role in 2012. 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 • Aug 19Second quarter 2022 earnings released: EPS: ₱0.09 (vs ₱0.02 in 2Q 2021)Second quarter 2022 results: EPS: ₱0.09 (up from ₱0.02 in 2Q 2021). Revenue: ₱361.4m (up 332% from 2Q 2021). Net income: ₱232.9m (up 332% from 2Q 2021). Profit margin: 65% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
Reported Earnings • May 18Full year 2021 earnings released: EPS: ₱0.16 (vs ₱0.12 in FY 2020)Full year 2021 results: EPS: ₱0.16 (up from ₱0.12 in FY 2020). Revenue: ₱710.3m (down 18% from FY 2020). Net income: ₱397.6m (up 35% from FY 2020). Profit margin: 56% (up from 34% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year.
Recent Insider Transactions • May 12Assistant Corporate Secretary recently bought ₱162k worth of stockOn the 5th of May, Daniel Winston Tan-chi bought around 200k shares on-market at roughly ₱0.81 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱488k more in shares than they have sold in the last 12 months.
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 not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Thomas Aquino was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Recent Insider Transactions • Dec 16Assistant Corporate Secretary recently bought ₱240k worth of stockOn the 14th of December, Daniel Winston Tan-chi bought around 300k shares on-market at roughly ₱0.80 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱80k more in shares than they bought in the last 12 months.
Reported Earnings • Nov 22Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: ₱0.06 (up from ₱0.03 in 3Q 2020). Revenue: ₱206.1m (down 24% from 3Q 2020). Net income: ₱142.2m (up 68% from 3Q 2020). Profit margin: 69% (up from 31% in 3Q 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.
Recent Insider Transactions • Nov 03Assistant Corporate Secretary recently bought ₱86k worth of stockOn the 28th of October, Daniel Winston Tan-chi bought around 100k shares on-market at roughly ₱0.86 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱320k more in shares than they bought in the last 12 months.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS ₱0.022 (vs ₱0.038 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱83.6m (down 1.4% from 2Q 2020). Net income: ₱53.9m (down 42% from 2Q 2020). Profit margin: 64% (down from 110% in 2Q 2020). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% 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 • May 20Full year 2020 earnings released: EPS ₱0.12 (vs ₱0.20 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₱864.0m (down 16% from FY 2019). Net income: ₱294.1m (down 41% from FY 2019). Profit margin: 34% (down from 48% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Jan 16Assistant Corporate Secretary recently sold ₱406k worth of stockOn the 13th of January, Daniel Winston Tan-chi sold around 600k shares on-market at roughly ₱0.68 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₱10m more than they sold in the last 12 months.
Is New 90 Day High Low • Jan 13New 90-day high: ₱1.04The company is up 25% from its price of ₱0.83 on 16 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 31% over the same period.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₱1.03, the stock is trading at a trailing P/E ratio of 5.9x, up from the previous P/E ratio of 5.1x. This compares to an average P/E of 10x in the Real Estate industry in Philippines. Total returns to shareholders over the past three years are 3.0%.
Is New 90 Day High Low • Dec 16New 90-day high: ₱0.94The company is up 18% from its price of ₱0.80 on 17 September 2020. The Filipino market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 31% over the same period.
Is New 90 Day High Low • Nov 24New 90-day high: ₱0.90The company is up 10.0% from its price of ₱0.82 on 26 August 2020. The Filipino market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 27% over the same period.
Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS ₱0.045The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: ₱210.8m (up 56% from 3Q 2019). Net income: ₱110.1m (up 27% from 3Q 2019). Profit margin: 52% (down from 64% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Jul 30A Brown Company, Inc. (PSE:BRN) completed the acquisition of 99.9% stake in Vires Energy Corp from Argo Group Pte. Ltd.A Brown Company, Inc. (PSE:BRN) entered into a memorandum of agreement to acquire 99.9% stake in Vires Energy Corp from Argo Group Pte. Ltd. for PHP 50.2 million on October 2, 2019. As part of the acquisition, A Brown Company will acquire 86.995 million shares at PHP 0.577 per share. The transaction will be concluded after the completion of the customary due diligence period of a maximum period of 180 days. As of June 18, 2020, board of directors of A Brown Company approved the acquisition. The acquisition of Vires Energy Corp will pave the way for A A Brown Company to participate in Liquefied natural gas projects and will increase the investment of company and will increase revenue from Return on Investment in future. A Brown Company, Inc. (PSE:BRN) completed the acquisition of 99.9% stake in Vires Energy Corp from Argo Group Pte. Ltd. on June 18, 2020.
