View Future GrowthSSI Group 과거 순이익 실적과거 기준 점검 2/6SSI Group은 연평균 30.7%의 비율로 수입이 증가해 온 반면, Specialty Retail 산업은 수입이 10.6% 증가했습니다. 매출은 연평균 16.5%의 비율로 증가했습니다. SSI Group의 자기자본이익률은 6.3%이고 순이익률은 3.5%입니다.핵심 정보30.72%순이익 성장률30.82%주당순이익(EPS) 성장률Specialty Retail 산업 성장률14.25%매출 성장률16.50%자기자본이익률6.29%순이익률3.48%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 16First quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.11 in 1Q 2025)First quarter 2026 results: EPS: ₱0.05 (down from ₱0.11 in 1Q 2025). Revenue: ₱7.66b (up 11% from 1Q 2025). Net income: ₱152.9m (down 59% from 1Q 2025). Profit margin: 2.0% (down from 5.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.40 (vs ₱0.76 in FY 2024)Full year 2025 results: EPS: ₱0.40 (down from ₱0.76 in FY 2024). Revenue: ₱30.9b (up 2.9% from FY 2024). Net income: ₱1.32b (down 48% from FY 2024). Profit margin: 4.3% (down from 8.4% in FY 2024). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ₱0.06 (vs ₱0.16 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.06 (down from ₱0.16 in 3Q 2024). Revenue: ₱6.90b (flat on 3Q 2024). Net income: ₱188.1m (down 65% from 3Q 2024). Profit margin: 2.7% (down from 7.7% in 3Q 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. 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 17% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ₱0.03 (vs ₱0.11 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.03 (down from ₱0.11 in 2Q 2024). Revenue: ₱6.61b (down 1.5% from 2Q 2024). Net income: ₱83.4m (down 77% from 2Q 2024). Profit margin: 1.3% (down from 5.5% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ₱0.11 (vs ₱0.11 in 1Q 2024)First quarter 2025 results: EPS: ₱0.11 (up from ₱0.11 in 1Q 2024). Revenue: ₱6.88b (up 4.9% from 1Q 2024). Net income: ₱368.4m (up 2.4% from 1Q 2024). Profit margin: 5.4% (down from 5.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₱0.76 (down from ₱0.78 in FY 2023). Revenue: ₱30.0b (up 8.2% from FY 2023). Net income: ₱2.51b (down 2.7% from FY 2023). Profit margin: 8.4% (down from 9.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 37% per year.모든 업데이트 보기Recent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.11 in 1Q 2025)First quarter 2026 results: EPS: ₱0.05 (down from ₱0.11 in 1Q 2025). Revenue: ₱7.66b (up 11% from 1Q 2025). Net income: ₱152.9m (down 59% from 1Q 2025). Profit margin: 2.0% (down from 5.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% 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.New Risk • May 16New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 144% Dividend yield: 6.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (144% cash payout ratio). Profit margins are more than 30% lower than last year (3.5% net profit margin).공시 • May 13SSI Group, Inc. announces Annual dividend, payable on June 26, 2026SSI Group, Inc. announced Annual dividend of PHP 0.0805 per share payable on June 26, 2026, ex-date on June 02, 2026 and record date on June 03, 2026.New Risk • Apr 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: 4.3% Last year net profit margin: 8.4% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.40 (vs ₱0.76 in FY 2024)Full year 2025 results: EPS: ₱0.40 (down from ₱0.76 in FY 2024). Revenue: ₱30.9b (up 2.9% from FY 2024). Net income: ₱1.32b (down 48% from FY 2024). Profit margin: 4.3% (down from 8.4% in FY 2024). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ₱0.06 (vs ₱0.16 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.06 (down from ₱0.16 in 3Q 2024). Revenue: ₱6.90b (flat on 3Q 2024). Net income: ₱188.1m (down 65% from 3Q 2024). Profit margin: 2.7% (down from 7.7% in 3Q 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. 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 17% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Aug 20Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₱32.4b to ₱30.3b. EPS estimate also fell from ₱0.76 per share to ₱0.56 per share. Net income forecast to shrink 12% next year vs 18% growth forecast for Specialty Retail industry in Philippines . Consensus price target down from ₱4.60 to ₱3.10. Share price fell 8.7% to ₱2.63 over the past week.Price Target Changed • Aug 15Price target decreased by 33% to ₱3.10Down from ₱4.60, the current price target is provided by 1 analyst. New target price is 16% above last closing price of ₱2.68. Stock is down 10% over the past year. The company is forecast to post earnings per share of ₱0.56 for next year compared to ₱0.76 last year.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ₱0.03 (vs ₱0.11 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.03 (down from ₱0.11 in 2Q 2024). Revenue: ₱6.61b (down 1.5% from 2Q 2024). Net income: ₱83.4m (down 77% from 2Q 2024). Profit margin: 1.3% (down from 5.5% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.공시 • Jun 05SSI Group, Inc., Annual General Meeting, Jul 24, 2025SSI Group, Inc., Annual General Meeting, Jul 24, 2025, at 14:00 W. Australia Standard Time.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ₱0.11 (vs ₱0.11 in 1Q 2024)First quarter 2025 results: EPS: ₱0.11 (up from ₱0.11 in 1Q 2024). Revenue: ₱6.88b (up 4.9% from 1Q 2024). Net income: ₱368.4m (up 2.4% from 1Q 2024). Profit margin: 5.4% (down from 5.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 29Upcoming dividend of ₱0.15 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Filipino dividend payers (6.5%). Higher than average of industry peers (2.4%).Buy Or Sell Opportunity • Apr 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.3% to ₱3.01. The fair value is estimated to be ₱3.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to decline by 23% in the next 2 years.Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₱0.76 (down from ₱0.78 in FY 2023). Revenue: ₱30.0b (up 8.2% from FY 2023). Net income: ₱2.51b (down 2.7% from FY 2023). Profit margin: 8.4% (down from 9.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 37% per year.공시 • Apr 15SSI Group, Inc. Approves Cash Dividend, Payable on May 30, 2025SSI Group, Inc. announced at a special board meeting held on April 15, 2025, the board of directors of the company approved the declaration of a regular cash dividend in the amount of PHP 0.153 per share. The cash dividend will be paid out of the unrestricted retained earnings of the company and is equivalent to 20% of the company's Audited 2024 net income. The dividend is payable to all stockholders on record on May 7, 2025 and shall be paid on May 30, 2025.공시 • Feb 24SSI Group, Inc. Announces Creation and Appointment of Related Party Transactions (Rpt) CommitteeSSI Group, Inc. announced that on February 21, 2025, at Special Meeting of the Board of Directors, the Board approved the creation of the Related Party Transactions (RPT) Committee in accordance with the Corporation's By-Laws, the Revised Manual on Corporate Governance, and the Material Related Party Transactions Policy. The purpose of the RPT Committee is to review material related party transactions of the Corporation. The Board unanimously passed a resolution confirming the establishment of this committee. Following the creation of the RPT Committee, the Board proceeded with the appointment of its members. The appointed members are: Arthur R. Tan, an Independent Director, as Chairperson; Carlo L. Katigbak, an Independent Director, as a Voting Member; Edgardo Luis Pedro T. Pineda as a Voting Member; and Anthony T. Huang as a Non-Voting Member. A resolution approving these appointments was also passed by the Board.Price Target Changed • Jan 23Price target increased by 8.2% to ₱2.65Up from ₱2.45, the current price target is an average from 2 analysts. New target price is 13% below last closing price of ₱3.05. Stock is up 13% over the past year. The company is forecast to post earnings per share of ₱0.50 for next year compared to ₱0.78 last year.New Risk • Jan 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: ₱0.16 (vs ₱0.16 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.16 (in line with 3Q 2023). Revenue: ₱6.97b (up 6.6% from 3Q 2023). Net income: ₱537.2m (up 3.2% from 3Q 2023). Profit margin: 7.7% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Oct 01Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to ₱3.71. The fair value is estimated to be ₱3.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ₱0.11 (vs ₱0.17 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.11 (down from ₱0.17 in 2Q 2023). Revenue: ₱6.71b (up 8.4% from 2Q 2023). Net income: ₱366.5m (down 33% from 2Q 2023). Profit margin: 5.5% (down from 8.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.New Risk • Aug 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (159% cash payout ratio).공시 • Jul 31SSI Group Inc. Announces Election of Committee MembersSSI Group Inc. announced that during the Organizational Board Meeting of the company held on 30 July 2024, the following persons were elected as Committee Members of the Company: Nomination Committee - Arthur R. Tan as Chairman and Compensation & Remuneration Committee - Anthony T. Huang as Chairman and Jose Miguel Tantoco as Member.공시 • Jun 15SSI Group, Inc., Annual General Meeting, Jul 30, 2024SSI Group, Inc., Annual General Meeting, Jul 30, 2024, at 14:00 W. Australia Standard Time.New Risk • Jun 14New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 159% Dividend yield: 4.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (159% cash payout ratio).New Risk • May 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₱3.78, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 245% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱2.23 per share.New Risk • May 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Declared Dividend • May 17Dividend of ₱0.16 announcedShareholders will receive a dividend of ₱0.16. Ex-date: 30th May 2024 Payment date: 24th June 2024 Dividend yield will be 4.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 27% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 5.1% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • May 16+ 1 more updateSSI Group, Inc. Declares Special Cash Dividend, Payable on June 24, 2024SSI Group, Inc. announced that in a special meeting held on May 15, 2024, the Board of Directors of the company approved the declaration of a special cash dividend in the amount of PHP 0.119 per share from the unrestricted retained earnings of SSI as of December 31, 2023. This is to all stockholders of record as of May 31, 2024 and payable on June 24, 2024.Reported Earnings • Apr 17Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ₱0.78 (up from ₱0.58 in FY 2022). Revenue: ₱27.7b (up 17% from FY 2022). Net income: ₱2.58b (up 34% from FY 2022). Profit margin: 9.3% (up from 8.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₱3.83, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the Specialty Retail industry in Asia. Total returns to shareholders of 235% over the past three years.공시 • Feb 22+ 1 more updateSSI Group, Inc. Announces Appointment of Anthony T. Huang as Chief Executive OfficerSSI Group, Inc. announced appointment of Mr. Anthony T. Huang as the new Chief Executive Officer (CEO), effective February 21, 2024.공시 • Feb 14SSI Group, Inc. Announces Demise of Zenaida R. Tantoco, ChairmanIt is with profound sadness that SSI Group, Inc. announced the passing of Zenaida "Nedy" R. Tantoco. The retailer, philanthropist, patroness of the arts, loving mother, and grandmother passed away on February 8, 2024. The Rustan Commercial Corporation, SSI Group, Inc., and Rustan Marketing Corporation Chairwoman leaves an enduring legacy of excellence in the luxury retail sphere founded by her parents, Ambassador Bienvenido Tantoco, Sr. and Gliceria Rustia-Tantoco in 1952. Effective Date of Resignation/Cessation of term is Feb. 08, 2024.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₱2.64, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 81% over the past three years.Buying Opportunity • Dec 11Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be ₱3.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: ₱0.16 (vs ₱0.13 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.16 (up from ₱0.13 in 3Q 2022). Revenue: ₱6.54b (up 16% from 3Q 2022). Net income: ₱520.4m (up 22% from 3Q 2022). Profit margin: 8.0% (up from 7.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: ₱0.17 (vs ₱0.13 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.17 (up from ₱0.13 in 2Q 2022). Revenue: ₱6.19b (up 12% from 2Q 2022). Net income: ₱550.3m (up 30% from 2Q 2022). Profit margin: 8.9% (up from 7.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₱3.00, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 16x in the Specialty Retail industry in Asia. Total returns to shareholders of 176% over the past three years.Price Target Changed • Jun 21Price target decreased by 52% to ₱1.00Down from ₱2.10, the current price target is provided by 1 analyst. New target price is 60% below last closing price of ₱2.50. Stock is up 103% over the past year. The company posted earnings per share of ₱0.59 last year.Upcoming Dividend • May 24Upcoming dividend of ₱0.11 per share at 1.6% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Filipino dividend payers (5.8%). Lower than average of industry peers (2.2%).공시 • May 09SSI Group, Inc., Annual General Meeting, Jun 21, 2023SSI Group, Inc., Annual General Meeting, Jun 21, 2023, at 11:00 Singapore Standard Time. Agenda: To consider Call to Order; to consider Certification of Notice and Quorum; to consider Approval of Minutes of the Annual Meeting held on 22 September 2022; to consider Approval of Annual Report for the Year 2022; to consider General ratification of all acts of the Board of Directors and management from the date of the last annual meeting up to the date of this meeting; to consider election of directors for 2023-2024; to consider appointment of external auditors; to consider Other Matters; and to consider Adjournment.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₱2.16, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Specialty Retail industry in Asia. Total returns to shareholders of 82% over the past three years.Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₱0.59 (up from ₱0.046 in FY 2021). Revenue: ₱23.8b (up 54% from FY 2021). Net income: ₱1.93b (up ₱1.78b from FY 2021). Profit margin: 8.1% (up from 1.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: ₱0.13 (vs ₱0.08 loss in 3Q 2021)Third quarter 2022 results: EPS: ₱0.13 (up from ₱0.08 loss in 3Q 2021). Revenue: ₱5.66b (up 93% from 3Q 2021). Net income: ₱426.6m (up ₱697.5m from 3Q 2021). Profit margin: 7.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Arthur Tan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Sep 23SSI Group, Inc. Approves Committee ChangesSSI Group, Inc. approved committee changes at its organizational meeting of the board of directors held on 22 September 2022 as follows: Nomination Committee Zenaida R. Tantoco as Chairman, Arthur R. Tan as Member, Anthony T. Huang as Member and Edgardo Luis Pedro T. Pineda as Member. Audit Committee Carlo L. Katigbak as Chairman, Anthony T. Huang as Member and Bienvenido V. Tantoco III as Member. Compensation & Remuneration Committee Zenaida R. Tantoco as Chairman, Anthony T. Huang as Member and Carlo L. Katigbak as Member.Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ₱0.13 (vs ₱0.02 loss in 2Q 2021)Second quarter 2022 results: EPS: ₱0.13 (up from ₱0.02 loss in 2Q 2021). Revenue: ₱5.56b (up 91% from 2Q 2021). Net income: ₱423.7m (up ₱497.9m from 2Q 2021). Profit margin: 7.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 16Upcoming dividend of ₱0.021 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 20 September 2022. The company last paid an ordinary dividend in June 2018. The average dividend yield among industry peers is 2.3%.공시 • Aug 13SSI Group, Inc. Declares Cash Dividend, Payable on September 20, 2022SSI Group, Inc. approved the declaration of a cash dividend in the amount of PHP 0.021 per share from the unrestricted retained earnings of SSI as of December 31, 2021 to all stockholders of record as of August 26, 2022 and payable on September 20, 2022.공시 • Aug 06SSI Group, Inc., Annual General Meeting, Sep 22, 2022SSI Group, Inc., Annual General Meeting, Sep 22, 2022, at 11:00 Singapore Standard Time.Recent Insider Transactions • Jul 20Insider recently bought ₱3.2m worth of stockOn the 18th of July, Ma. Margarita Atienza bought around 2m shares on-market at roughly ₱1.28 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱3.2m more in shares than they have sold in the last 12 months.Recent Insider Transactions • May 28Non-Executive Director recently bought ₱79k worth of stockOn the 26th of May, Eduardo Lopez bought around 60k shares on-market at roughly ₱1.31 per share. 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 • May 17First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: ₱0.02 (up from ₱0.03 loss in 1Q 2021). Revenue: ₱4.49b (up 28% from 1Q 2021). Net income: ₱67.7m (up ₱167.2m from 1Q 2021). Profit margin: 1.5% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 17%, compared to a 18% growth forecast for the industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Arthur Tan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Jan 12Price target increased to ₱2.33Up from ₱2.10, the current price target is an average from 2 analysts. New target price is 117% above last closing price of ₱1.07. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₱0.07 next year compared to a net loss per share of ₱0.27 last year.Reported Earnings • Nov 16Third quarter 2021 earnings releasedThe company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₱2.93b (up 28% from 3Q 2020). Net loss: ₱271.0m (loss narrowed 5.0% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Price Target Changed • Aug 20Price target increased to ₱1.83Up from ₱1.10, the current price target is an average from 3 analysts. New target price is 73% above last closing price of ₱1.06. Stock is up 2.9% over the past year.Reported Earnings • Aug 18Second quarter 2021 earnings released: ₱0.02 loss per share (vs ₱0.18 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ₱2.91b (up 292% from 2Q 2020). Net loss: ₱74.2m (loss narrowed 87% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Jun 08Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₱15.8b to ₱14.9b. 2021 losses expected to reduce from -₱0.38 to -₱0.16 per share. Specialty Retail industry in Philippines expected to see average net income growth of 28% next year. Consensus price target of ₱1.10 unchanged from last update. Share price rose 9.2% to ₱1.31 over the past week.Price Target Changed • May 28Price target increased to ₱1.20Up from ₱1.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₱1.18. Stock is up 4.4% over the past year.Major Estimate Revision • May 28Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ₱13.1b to ₱15.8b. EPS estimate unchanged from -₱0.38 at last update. Specialty Retail industry in Philippines expected to see average net income growth of 29% next year. Consensus price target up from ₱1.10 to ₱1.20. Share price rose 2.6% to ₱1.18 over the past week.Is New 90 Day High Low • Mar 10New 90-day low: ₱1.27The company is down 23% from its price of ₱1.66 on 10 December 2020. The Filipino market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 9.0% over the same period.Is New 90 Day High Low • Jan 30New 90-day low: ₱1.29The company is down 2.0% from its price of ₱1.31 on 30 October 2020. The Filipino market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 14% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: ₱0.09 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ₱2.29b (down 54% from 3Q 2019). Net loss: ₱285.2m (down 263% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Nov 13New 90-day high: ₱1.62The company is up 53% from its price of ₱1.06 on 14 August 2020. The Filipino market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱0.016 per share.Is New 90 Day High Low • Oct 27New 90-day high: ₱1.32The company is up 25% from its price of ₱1.06 on 29 July 2020. The Filipino market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱0.017 per share.매출 및 비용 세부 내역SSI Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이PSE:SSI 매출, 비용 및 순이익 (PHP Millions)날짜매출순이익일반관리비연구개발비31 Mar 2631,6831,10112,262031 Dec 2530,9021,31711,856030 Sep 2530,1691,88611,467030 Jun 2530,2332,23511,005031 Mar 2530,3372,51810,700031 Dec 2430,0182,51010,366030 Sep 2429,0182,3169,821030 Jun 2428,5892,3009,600031 Mar 2428,0692,4839,347031 Dec 2327,7462,5808,963030 Sep 2327,0662,5398,495030 Jun 2326,1852,4458,205031 Mar 2325,5482,3187,734031 Dec 2223,8021,9307,064030 Sep 2221,8381,5146,697030 Jun 2219,1138165,969031 Mar 2216,4653185,321031 Dec 2115,4961515,158030 Sep 2114,326-5875,014030 Jun 2113,679-6014,973031 Mar 2111,512-1,1134,793031 Dec 2012,284-9045,304030 Sep 2014,854-4676,333030 Jun 2017,593-77,226031 Mar 2021,7977558,295031 Dec 1922,4428158,403030 Sep 1921,4437628,699030 Jun 1920,9476718,490031 Mar 1920,6746468,298031 Dec 1820,3236088,080030 Sep 1819,7723027,559030 Jun 1819,3502847,501031 Mar 1818,7942737,457031 Dec 1718,5192758,122030 Sep 1718,2852677,658030 Jun 1718,2342657,703031 Mar 1718,3832457,826031 Dec 1618,4422327,960030 Sep 1618,2734168,117030 Jun 1618,0964667,966031 Mar 1617,7016657,718031 Dec 1517,4218117,593030 Sep 1516,9541,0267,298030 Jun 1516,4491,0987,2640양질의 수익: SSI는 고품질 수익을 보유하고 있습니다.이익 마진 증가: SSI의 현재 순 이익률 (3.5%)은 지난해 (8.3%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: SSI는 지난 5년 동안 흑자전환하며 연평균 30.7%의 수익 성장을 기록했습니다.성장 가속화: SSI은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: SSI은 지난 1년 동안 수익이 감소(-56.3%)하여 Specialty Retail 업계 평균(9.1%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: SSI의 자본 수익률(6.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 15:32종가2026/05/21 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 소스SSI Group, Inc.는 7명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Bennette FajardoCLSADenise JoaquinCOL Financial Group, Incnull nullDBS Bank Ltd4명의 분석가 더 보기
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.11 in 1Q 2025)First quarter 2026 results: EPS: ₱0.05 (down from ₱0.11 in 1Q 2025). Revenue: ₱7.66b (up 11% from 1Q 2025). Net income: ₱152.9m (down 59% from 1Q 2025). Profit margin: 2.0% (down from 5.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.40 (vs ₱0.76 in FY 2024)Full year 2025 results: EPS: ₱0.40 (down from ₱0.76 in FY 2024). Revenue: ₱30.9b (up 2.9% from FY 2024). Net income: ₱1.32b (down 48% from FY 2024). Profit margin: 4.3% (down from 8.4% in FY 2024). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ₱0.06 (vs ₱0.16 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.06 (down from ₱0.16 in 3Q 2024). Revenue: ₱6.90b (flat on 3Q 2024). Net income: ₱188.1m (down 65% from 3Q 2024). Profit margin: 2.7% (down from 7.7% in 3Q 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. 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 17% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ₱0.03 (vs ₱0.11 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.03 (down from ₱0.11 in 2Q 2024). Revenue: ₱6.61b (down 1.5% from 2Q 2024). Net income: ₱83.4m (down 77% from 2Q 2024). Profit margin: 1.3% (down from 5.5% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ₱0.11 (vs ₱0.11 in 1Q 2024)First quarter 2025 results: EPS: ₱0.11 (up from ₱0.11 in 1Q 2024). Revenue: ₱6.88b (up 4.9% from 1Q 2024). Net income: ₱368.4m (up 2.4% from 1Q 2024). Profit margin: 5.4% (down from 5.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₱0.76 (down from ₱0.78 in FY 2023). Revenue: ₱30.0b (up 8.2% from FY 2023). Net income: ₱2.51b (down 2.7% from FY 2023). Profit margin: 8.4% (down from 9.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 37% per year.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.11 in 1Q 2025)First quarter 2026 results: EPS: ₱0.05 (down from ₱0.11 in 1Q 2025). Revenue: ₱7.66b (up 11% from 1Q 2025). Net income: ₱152.9m (down 59% from 1Q 2025). Profit margin: 2.0% (down from 5.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% 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.
New Risk • May 16New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 144% Dividend yield: 6.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (144% cash payout ratio). Profit margins are more than 30% lower than last year (3.5% net profit margin).
공시 • May 13SSI Group, Inc. announces Annual dividend, payable on June 26, 2026SSI Group, Inc. announced Annual dividend of PHP 0.0805 per share payable on June 26, 2026, ex-date on June 02, 2026 and record date on June 03, 2026.
New Risk • Apr 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: 4.3% Last year net profit margin: 8.4% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 17Full year 2025 earnings released: EPS: ₱0.40 (vs ₱0.76 in FY 2024)Full year 2025 results: EPS: ₱0.40 (down from ₱0.76 in FY 2024). Revenue: ₱30.9b (up 2.9% from FY 2024). Net income: ₱1.32b (down 48% from FY 2024). Profit margin: 4.3% (down from 8.4% in FY 2024). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ₱0.06 (vs ₱0.16 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.06 (down from ₱0.16 in 3Q 2024). Revenue: ₱6.90b (flat on 3Q 2024). Net income: ₱188.1m (down 65% from 3Q 2024). Profit margin: 2.7% (down from 7.7% in 3Q 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. 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 17% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Aug 20Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₱32.4b to ₱30.3b. EPS estimate also fell from ₱0.76 per share to ₱0.56 per share. Net income forecast to shrink 12% next year vs 18% growth forecast for Specialty Retail industry in Philippines . Consensus price target down from ₱4.60 to ₱3.10. Share price fell 8.7% to ₱2.63 over the past week.
Price Target Changed • Aug 15Price target decreased by 33% to ₱3.10Down from ₱4.60, the current price target is provided by 1 analyst. New target price is 16% above last closing price of ₱2.68. Stock is down 10% over the past year. The company is forecast to post earnings per share of ₱0.56 for next year compared to ₱0.76 last year.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ₱0.03 (vs ₱0.11 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.03 (down from ₱0.11 in 2Q 2024). Revenue: ₱6.61b (down 1.5% from 2Q 2024). Net income: ₱83.4m (down 77% from 2Q 2024). Profit margin: 1.3% (down from 5.5% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
공시 • Jun 05SSI Group, Inc., Annual General Meeting, Jul 24, 2025SSI Group, Inc., Annual General Meeting, Jul 24, 2025, at 14:00 W. Australia Standard Time.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ₱0.11 (vs ₱0.11 in 1Q 2024)First quarter 2025 results: EPS: ₱0.11 (up from ₱0.11 in 1Q 2024). Revenue: ₱6.88b (up 4.9% from 1Q 2024). Net income: ₱368.4m (up 2.4% from 1Q 2024). Profit margin: 5.4% (down from 5.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 29Upcoming dividend of ₱0.15 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Filipino dividend payers (6.5%). Higher than average of industry peers (2.4%).
Buy Or Sell Opportunity • Apr 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.3% to ₱3.01. The fair value is estimated to be ₱3.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to decline by 23% in the next 2 years.
Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₱0.76 (down from ₱0.78 in FY 2023). Revenue: ₱30.0b (up 8.2% from FY 2023). Net income: ₱2.51b (down 2.7% from FY 2023). Profit margin: 8.4% (down from 9.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 37% per year.
공시 • Apr 15SSI Group, Inc. Approves Cash Dividend, Payable on May 30, 2025SSI Group, Inc. announced at a special board meeting held on April 15, 2025, the board of directors of the company approved the declaration of a regular cash dividend in the amount of PHP 0.153 per share. The cash dividend will be paid out of the unrestricted retained earnings of the company and is equivalent to 20% of the company's Audited 2024 net income. The dividend is payable to all stockholders on record on May 7, 2025 and shall be paid on May 30, 2025.
공시 • Feb 24SSI Group, Inc. Announces Creation and Appointment of Related Party Transactions (Rpt) CommitteeSSI Group, Inc. announced that on February 21, 2025, at Special Meeting of the Board of Directors, the Board approved the creation of the Related Party Transactions (RPT) Committee in accordance with the Corporation's By-Laws, the Revised Manual on Corporate Governance, and the Material Related Party Transactions Policy. The purpose of the RPT Committee is to review material related party transactions of the Corporation. The Board unanimously passed a resolution confirming the establishment of this committee. Following the creation of the RPT Committee, the Board proceeded with the appointment of its members. The appointed members are: Arthur R. Tan, an Independent Director, as Chairperson; Carlo L. Katigbak, an Independent Director, as a Voting Member; Edgardo Luis Pedro T. Pineda as a Voting Member; and Anthony T. Huang as a Non-Voting Member. A resolution approving these appointments was also passed by the Board.
Price Target Changed • Jan 23Price target increased by 8.2% to ₱2.65Up from ₱2.45, the current price target is an average from 2 analysts. New target price is 13% below last closing price of ₱3.05. Stock is up 13% over the past year. The company is forecast to post earnings per share of ₱0.50 for next year compared to ₱0.78 last year.
New Risk • Jan 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: ₱0.16 (vs ₱0.16 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.16 (in line with 3Q 2023). Revenue: ₱6.97b (up 6.6% from 3Q 2023). Net income: ₱537.2m (up 3.2% from 3Q 2023). Profit margin: 7.7% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Oct 01Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to ₱3.71. The fair value is estimated to be ₱3.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ₱0.11 (vs ₱0.17 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.11 (down from ₱0.17 in 2Q 2023). Revenue: ₱6.71b (up 8.4% from 2Q 2023). Net income: ₱366.5m (down 33% from 2Q 2023). Profit margin: 5.5% (down from 8.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (159% cash payout ratio).
공시 • Jul 31SSI Group Inc. Announces Election of Committee MembersSSI Group Inc. announced that during the Organizational Board Meeting of the company held on 30 July 2024, the following persons were elected as Committee Members of the Company: Nomination Committee - Arthur R. Tan as Chairman and Compensation & Remuneration Committee - Anthony T. Huang as Chairman and Jose Miguel Tantoco as Member.
공시 • Jun 15SSI Group, Inc., Annual General Meeting, Jul 30, 2024SSI Group, Inc., Annual General Meeting, Jul 30, 2024, at 14:00 W. Australia Standard Time.
New Risk • Jun 14New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 159% Dividend yield: 4.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (159% cash payout ratio).
New Risk • May 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₱3.78, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 245% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱2.23 per share.
New Risk • May 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Declared Dividend • May 17Dividend of ₱0.16 announcedShareholders will receive a dividend of ₱0.16. Ex-date: 30th May 2024 Payment date: 24th June 2024 Dividend yield will be 4.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 27% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 5.1% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 16+ 1 more updateSSI Group, Inc. Declares Special Cash Dividend, Payable on June 24, 2024SSI Group, Inc. announced that in a special meeting held on May 15, 2024, the Board of Directors of the company approved the declaration of a special cash dividend in the amount of PHP 0.119 per share from the unrestricted retained earnings of SSI as of December 31, 2023. This is to all stockholders of record as of May 31, 2024 and payable on June 24, 2024.
Reported Earnings • Apr 17Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ₱0.78 (up from ₱0.58 in FY 2022). Revenue: ₱27.7b (up 17% from FY 2022). Net income: ₱2.58b (up 34% from FY 2022). Profit margin: 9.3% (up from 8.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₱3.83, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the Specialty Retail industry in Asia. Total returns to shareholders of 235% over the past three years.
공시 • Feb 22+ 1 more updateSSI Group, Inc. Announces Appointment of Anthony T. Huang as Chief Executive OfficerSSI Group, Inc. announced appointment of Mr. Anthony T. Huang as the new Chief Executive Officer (CEO), effective February 21, 2024.
공시 • Feb 14SSI Group, Inc. Announces Demise of Zenaida R. Tantoco, ChairmanIt is with profound sadness that SSI Group, Inc. announced the passing of Zenaida "Nedy" R. Tantoco. The retailer, philanthropist, patroness of the arts, loving mother, and grandmother passed away on February 8, 2024. The Rustan Commercial Corporation, SSI Group, Inc., and Rustan Marketing Corporation Chairwoman leaves an enduring legacy of excellence in the luxury retail sphere founded by her parents, Ambassador Bienvenido Tantoco, Sr. and Gliceria Rustia-Tantoco in 1952. Effective Date of Resignation/Cessation of term is Feb. 08, 2024.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₱2.64, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 81% over the past three years.
Buying Opportunity • Dec 11Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be ₱3.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: ₱0.16 (vs ₱0.13 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.16 (up from ₱0.13 in 3Q 2022). Revenue: ₱6.54b (up 16% from 3Q 2022). Net income: ₱520.4m (up 22% from 3Q 2022). Profit margin: 8.0% (up from 7.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: ₱0.17 (vs ₱0.13 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.17 (up from ₱0.13 in 2Q 2022). Revenue: ₱6.19b (up 12% from 2Q 2022). Net income: ₱550.3m (up 30% from 2Q 2022). Profit margin: 8.9% (up from 7.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₱3.00, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 16x in the Specialty Retail industry in Asia. Total returns to shareholders of 176% over the past three years.
Price Target Changed • Jun 21Price target decreased by 52% to ₱1.00Down from ₱2.10, the current price target is provided by 1 analyst. New target price is 60% below last closing price of ₱2.50. Stock is up 103% over the past year. The company posted earnings per share of ₱0.59 last year.
Upcoming Dividend • May 24Upcoming dividend of ₱0.11 per share at 1.6% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Filipino dividend payers (5.8%). Lower than average of industry peers (2.2%).
공시 • May 09SSI Group, Inc., Annual General Meeting, Jun 21, 2023SSI Group, Inc., Annual General Meeting, Jun 21, 2023, at 11:00 Singapore Standard Time. Agenda: To consider Call to Order; to consider Certification of Notice and Quorum; to consider Approval of Minutes of the Annual Meeting held on 22 September 2022; to consider Approval of Annual Report for the Year 2022; to consider General ratification of all acts of the Board of Directors and management from the date of the last annual meeting up to the date of this meeting; to consider election of directors for 2023-2024; to consider appointment of external auditors; to consider Other Matters; and to consider Adjournment.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₱2.16, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Specialty Retail industry in Asia. Total returns to shareholders of 82% over the past three years.
Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₱0.59 (up from ₱0.046 in FY 2021). Revenue: ₱23.8b (up 54% from FY 2021). Net income: ₱1.93b (up ₱1.78b from FY 2021). Profit margin: 8.1% (up from 1.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: ₱0.13 (vs ₱0.08 loss in 3Q 2021)Third quarter 2022 results: EPS: ₱0.13 (up from ₱0.08 loss in 3Q 2021). Revenue: ₱5.66b (up 93% from 3Q 2021). Net income: ₱426.6m (up ₱697.5m from 3Q 2021). Profit margin: 7.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Arthur Tan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Sep 23SSI Group, Inc. Approves Committee ChangesSSI Group, Inc. approved committee changes at its organizational meeting of the board of directors held on 22 September 2022 as follows: Nomination Committee Zenaida R. Tantoco as Chairman, Arthur R. Tan as Member, Anthony T. Huang as Member and Edgardo Luis Pedro T. Pineda as Member. Audit Committee Carlo L. Katigbak as Chairman, Anthony T. Huang as Member and Bienvenido V. Tantoco III as Member. Compensation & Remuneration Committee Zenaida R. Tantoco as Chairman, Anthony T. Huang as Member and Carlo L. Katigbak as Member.
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ₱0.13 (vs ₱0.02 loss in 2Q 2021)Second quarter 2022 results: EPS: ₱0.13 (up from ₱0.02 loss in 2Q 2021). Revenue: ₱5.56b (up 91% from 2Q 2021). Net income: ₱423.7m (up ₱497.9m from 2Q 2021). Profit margin: 7.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 16Upcoming dividend of ₱0.021 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 20 September 2022. The company last paid an ordinary dividend in June 2018. The average dividend yield among industry peers is 2.3%.
공시 • Aug 13SSI Group, Inc. Declares Cash Dividend, Payable on September 20, 2022SSI Group, Inc. approved the declaration of a cash dividend in the amount of PHP 0.021 per share from the unrestricted retained earnings of SSI as of December 31, 2021 to all stockholders of record as of August 26, 2022 and payable on September 20, 2022.
공시 • Aug 06SSI Group, Inc., Annual General Meeting, Sep 22, 2022SSI Group, Inc., Annual General Meeting, Sep 22, 2022, at 11:00 Singapore Standard Time.
Recent Insider Transactions • Jul 20Insider recently bought ₱3.2m worth of stockOn the 18th of July, Ma. Margarita Atienza bought around 2m shares on-market at roughly ₱1.28 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱3.2m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • May 28Non-Executive Director recently bought ₱79k worth of stockOn the 26th of May, Eduardo Lopez bought around 60k shares on-market at roughly ₱1.31 per share. 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 • May 17First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: ₱0.02 (up from ₱0.03 loss in 1Q 2021). Revenue: ₱4.49b (up 28% from 1Q 2021). Net income: ₱67.7m (up ₱167.2m from 1Q 2021). Profit margin: 1.5% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 17%, compared to a 18% growth forecast for the industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Arthur Tan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Jan 12Price target increased to ₱2.33Up from ₱2.10, the current price target is an average from 2 analysts. New target price is 117% above last closing price of ₱1.07. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₱0.07 next year compared to a net loss per share of ₱0.27 last year.
Reported Earnings • Nov 16Third quarter 2021 earnings releasedThe company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₱2.93b (up 28% from 3Q 2020). Net loss: ₱271.0m (loss narrowed 5.0% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Price Target Changed • Aug 20Price target increased to ₱1.83Up from ₱1.10, the current price target is an average from 3 analysts. New target price is 73% above last closing price of ₱1.06. Stock is up 2.9% over the past year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: ₱0.02 loss per share (vs ₱0.18 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ₱2.91b (up 292% from 2Q 2020). Net loss: ₱74.2m (loss narrowed 87% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Jun 08Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₱15.8b to ₱14.9b. 2021 losses expected to reduce from -₱0.38 to -₱0.16 per share. Specialty Retail industry in Philippines expected to see average net income growth of 28% next year. Consensus price target of ₱1.10 unchanged from last update. Share price rose 9.2% to ₱1.31 over the past week.
Price Target Changed • May 28Price target increased to ₱1.20Up from ₱1.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₱1.18. Stock is up 4.4% over the past year.
Major Estimate Revision • May 28Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ₱13.1b to ₱15.8b. EPS estimate unchanged from -₱0.38 at last update. Specialty Retail industry in Philippines expected to see average net income growth of 29% next year. Consensus price target up from ₱1.10 to ₱1.20. Share price rose 2.6% to ₱1.18 over the past week.
Is New 90 Day High Low • Mar 10New 90-day low: ₱1.27The company is down 23% from its price of ₱1.66 on 10 December 2020. The Filipino market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 9.0% over the same period.
Is New 90 Day High Low • Jan 30New 90-day low: ₱1.29The company is down 2.0% from its price of ₱1.31 on 30 October 2020. The Filipino market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 14% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: ₱0.09 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ₱2.29b (down 54% from 3Q 2019). Net loss: ₱285.2m (down 263% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Nov 13New 90-day high: ₱1.62The company is up 53% from its price of ₱1.06 on 14 August 2020. The Filipino market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱0.016 per share.
Is New 90 Day High Low • Oct 27New 90-day high: ₱1.32The company is up 25% from its price of ₱1.06 on 29 July 2020. The Filipino market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱0.017 per share.