View Financial HealthSynergy Grid & Development Phils 배당 및 자사주 매입배당 기준 점검 1/6Synergy Grid & Development Phils 수익으로 충분히 충당되는 현재 수익률 2.67% 보유한 배당금 지급 회사입니다.핵심 정보2.7%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률5.4%배당 성장률-16.1%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향18%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Apr 07Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 14 April 2026. Payment date: 04 May 2026. Trailing yield: 1.6%. Lower than top quartile of Filipino dividend payers (6.6%). Lower than average of industry peers (3.3%).Upcoming Dividend • Dec 04Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 11 December 2025. Payment date: 19 December 2025. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (6.2%). Lower than average of industry peers (3.3%).Upcoming Dividend • Sep 10Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 17 September 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (6.0%). Lower than average of industry peers (3.4%).Upcoming Dividend • Apr 18Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Filipino dividend payers (6.0%). In line with average of industry peers (3.5%).Upcoming Dividend • Jun 26Upcoming dividend of ₱0.17 per share at 11% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of Filipino dividend payers (5.8%). Higher than average of industry peers (4.2%).Upcoming Dividend • Mar 13Upcoming dividend of ₱0.17 per share at 9.0% yieldEligible shareholders must have bought the stock before 20 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 9.0%. Within top quartile of Filipino dividend payers (5.5%). Higher than average of industry peers (4.3%).모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₱26.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 195% over the past three years.Board Change • Apr 21Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Daniel Ibasco was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Apr 18New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 17Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: ₱3.83 (up from ₱1.50 in FY 2024). Revenue: ₱138.6b (up 23% from FY 2024). Net income: ₱20.2b (up 156% from FY 2024). Profit margin: 14% (up from 7.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.New Risk • Apr 16New 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 7.5% 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 Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change).Upcoming Dividend • Apr 07Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 14 April 2026. Payment date: 04 May 2026. Trailing yield: 1.6%. Lower than top quartile of Filipino dividend payers (6.6%). Lower than average of industry peers (3.3%).Buy Or Sell Opportunity • Mar 23Now 21% undervaluedOver the last 90 days, the stock has risen 23% to ₱20.70. The fair value is estimated to be ₱26.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to decline by 42% in a year. Earnings are forecast to decline by 10% in the next year.New Risk • Feb 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future.Upcoming Dividend • Dec 04Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 11 December 2025. Payment date: 19 December 2025. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (6.2%). Lower than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱15.98, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Electric Utilities industry in Asia. Total returns to shareholders of 52% over the past three years.Buy Or Sell Opportunity • Nov 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.5% to ₱15.98. The fair value is estimated to be ₱13.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to decline by 43% in a year. Earnings are forecast to decline by 14% in the next year.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ₱0.32 (vs ₱0.39 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.32 (down from ₱0.39 in 3Q 2024). Revenue: ₱25.9b (up 7.6% from 3Q 2024). Net income: ₱1.71b (down 17% from 3Q 2024). Profit margin: 6.6% (down from 8.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 27% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Oct 01Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to ₱16.00. The fair value is estimated to be ₱13.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to decline by 46% in a year. Earnings are forecast to decline by 24% in the next year.Upcoming Dividend • Sep 10Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 17 September 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (6.0%). Lower than average of industry peers (3.4%).공지 • Sep 05Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 16, 2025Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 16, 2025, at 14:00 W. Australia Standard Time. Location: via videoconferencing at the principal office, PhilippinesBuy Or Sell Opportunity • Sep 04Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to ₱16.12. The fair value is estimated to be ₱13.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to decline by 46% in a year. Earnings are forecast to decline by 24% in the next year.Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₱15.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 24% over the past three years.Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: ₱1.47 (vs ₱0.37 in 2Q 2024)Second quarter 2025 results: EPS: ₱1.47 (up from ₱0.37 in 2Q 2024). Revenue: ₱39.8b (up 28% from 2Q 2024). Net income: ₱7.73b (up 293% from 2Q 2024). Profit margin: 19% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 28% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 7.5%. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • May 21First quarter 2025 earnings released: EPS: ₱0.38 (vs ₱0.51 in 1Q 2024)First quarter 2025 results: EPS: ₱0.38 (down from ₱0.51 in 1Q 2024). Revenue: ₱23.8b (down 16% from 1Q 2024). Net income: ₱1.99b (down 26% from 1Q 2024). Profit margin: 8.4% (down from 9.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% 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 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₱1.50 (down from ₱2.02 in FY 2023). Revenue: ₱112.3b (up 2.2% from FY 2023). Net income: ₱7.88b (down 26% from FY 2023). Profit margin: 7.0% (down from 9.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 41%. Over the last 3 years on average, earnings per share has fallen by 13% 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.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₱12.90, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 8x in the Electric Utilities industry in Philippines. Total returns to shareholders of 16% over the past three years.New Risk • Jan 16New 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 7.4% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change).Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱11.50, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 6x in the Electric Utilities industry in Philippines. Total returns to shareholders of 4.6% over the past three years.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ₱0.39 (vs ₱0.52 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.39 (down from ₱0.52 in 3Q 2023). Revenue: ₱24.0b (flat on 3Q 2023). Net income: ₱2.04b (down 25% from 3Q 2023). Profit margin: 8.5% (down from 11% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.공지 • Sep 05Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 17, 2024Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 17, 2024, at 14:00 W. Australia Standard Time. Location: via videoconferencing at the principal office, PhilippinesNew Risk • Aug 19New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 0% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: ₱0.37 (vs ₱0.51 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.37 (down from ₱0.51 in 2Q 2023). Revenue: ₱31.2b (flat on 2Q 2023). Net income: ₱1.97b (down 27% from 2Q 2023). Profit margin: 6.3% (down from 8.6% in 2Q 2023).Buy Or Sell Opportunity • Jul 01Now 22% undervaluedOver the last 90 days, the stock has risen 28% to ₱9.62. The fair value is estimated to be ₱12.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years, while earnings per share has been flat.Buy Or Sell Opportunity • Jun 21Now 20% undervaluedOver the last 90 days, the stock has risen 29% to ₱9.89. The fair value is estimated to be ₱12.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years, while earnings per share has been flat.Reported Earnings • May 23First quarter 2024 earnings released: EPS: ₱0.51 (vs ₱0.59 in 1Q 2023)First quarter 2024 results: EPS: ₱0.51 (down from ₱0.59 in 1Q 2023). Revenue: ₱28.2b (up 1.7% from 1Q 2023). Net income: ₱2.68b (down 14% from 1Q 2023). Profit margin: 9.5% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses.Reported Earnings • Apr 18Full year 2023 earnings released: EPS: ₱2.02 (vs ₱2.85 in FY 2022)Full year 2023 results: EPS: ₱2.02 (down from ₱2.85 in FY 2022). Revenue: ₱109.9b (up 6.9% from FY 2022). Net income: ₱10.6b (down 29% from FY 2022). Profit margin: 9.7% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses.Upcoming Dividend • Apr 18Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Filipino dividend payers (6.0%). In line with average of industry peers (3.5%).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₱8.95, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 15x in the Electric Utilities industry in Asia. Total loss to shareholders of 13% over the past year.Buy Or Sell Opportunity • Apr 08Now 39% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to ₱8.95. The fair value is estimated to be ₱6.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 5.1%.Buy Or Sell Opportunity • Mar 21Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to ₱7.84. The fair value is estimated to be ₱6.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 5.1%.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱8.97, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 12x in the Electric Utilities industry in Asia. Total loss to shareholders of 18% over the past year.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱8.97, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 12x in the Electric Utilities industry in Asia. Total loss to shareholders of 18% over the past year.Buy Or Sell Opportunity • Feb 07Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.7% to ₱7.67. The fair value is estimated to be ₱6.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 5.1%.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₱7.94, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 13x in the Electric Utilities industry in Asia. Total loss to shareholders of 29% over the past year.Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₱0.52 (vs ₱0.48 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.52 (up from ₱0.48 in 3Q 2022). Revenue: ₱24.0b (down 2.6% from 3Q 2022). Net income: ₱2.72b (up 6.7% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is expected to decline by 28% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 2.6%.Reported Earnings • Aug 20Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: ₱0.51 (down from ₱1.25 in 2Q 2022). Revenue: ₱31.4b (down 5.7% from 2Q 2022). Net income: ₱2.70b (down 59% from 2Q 2022). Profit margin: 8.6% (down from 20% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 1.1%.Upcoming Dividend • Jun 26Upcoming dividend of ₱0.17 per share at 11% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of Filipino dividend payers (5.8%). Higher than average of industry peers (4.2%).공지 • Jun 22Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 19, 2023Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 19, 2023.Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₱7.83, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₱5.27 per share.Price Target Changed • May 18Price target decreased by 13% to ₱14.10Down from ₱16.25, the current price target is an average from 2 analysts. New target price is 52% above last closing price of ₱9.25. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₱2.19 for next year compared to ₱2.85 last year.Reported Earnings • Apr 20Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₱2.85 (up from ₱2.10 in FY 2021). Revenue: ₱102.7b (up 15% from FY 2021). Net income: ₱15.0b (up 65% from FY 2021). Profit margin: 15% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is expected to decline by 37% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 1.6%.Upcoming Dividend • Mar 13Upcoming dividend of ₱0.17 per share at 9.0% yieldEligible shareholders must have bought the stock before 20 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 9.0%. Within top quartile of Filipino dividend payers (5.5%). Higher than average of industry peers (4.3%).Price Target Changed • Jan 03Price target increased to ₱18.00Up from ₱15.00, the current price target is provided by 1 analyst. New target price is 62% above last closing price of ₱11.10. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₱2.84 for next year compared to ₱2.10 last year.Upcoming Dividend • Dec 12Upcoming dividend of ₱0.26 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 8.4%. Within top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (4.3%).공지 • Dec 08Synergy Grid & Development Phils., Inc. Approves Cash Dividend for the Fourth Quarter of 2022, Payable on January 13, 2023The Board of Directors of Synergy Grid & Development Phils., Inc. (Company) approved on December 7, 2022 the declaration of cash dividends for the 4th quarter of 2022 from the Company's unrestricted retained earnings with record date on December 22, 2022 and payment date on January 13, 2023. Dividend/share is PHP 0.26/share.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Francis Saturnino Juan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Sep 22Synergy Grid & Development Phils., Inc. Approves Cash Dividend for the Third Quarter of 2022, Payable on October 19, 2022Synergy Grid & Development Phils., Inc. approved cash dividend of PHP 0.26 per share for the third quarter of 2022 with record date as 5 October 2022 and Payment Date as 19 October 2022.Major Estimate Revision • Aug 19Consensus revenue estimates increase by 14%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₱50.8b to ₱58.1b. EPS estimate increased from ₱1.77 to ₱2.31 per share. Net income forecast to grow 32% next year vs 12% growth forecast for Electric Utilities industry in Philippines. Consensus price target broadly unchanged at ₱15.25. Share price rose 7.8% to ₱13.32 over the past week.공지 • Aug 11Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 20, 2022Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 20, 2022, at 06:00 Coordinated Universal Time.공지 • Jun 23Synergy Grid & Development Phils., Inc. Announces Second Quarter Dividend, Payable on July 22, 2022Synergy Grid & Development Phils., Inc. second quarter dividend of PHP 0.26 per share. Record date is July 6, 2022. The dividend will be payable on July 22, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Francis Saturnino Juan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 15Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Francis Saturnino Juan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Dec 02Inaugural dividend of ₱0.20 per shareEligible shareholders must have bought the stock before 09 December 2021. Payment date: 10 January 2022. The company last paid an ordinary dividend in November 2021. The average dividend yield among industry peers is 4.2%.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: SGP 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: SGP 5 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Synergy Grid & Development Phils 배당 수익률 vs 시장SGP의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (SGP)2.7%시장 하위 25% (PH)2.7%시장 상위 25% (PH)6.4%업계 평균 (Electric Utilities)3.1%분석가 예측 (SGP) (최대 3년)5.4%주목할만한 배당금: SGP 의 배당금( 2.67% )은 PH 시장에서 배당금 지급자의 하위 25%( 2.7% )와 비교해 주목할 만하지 않습니다.고배당: SGP 의 배당금( 2.67% )은 PH 시장에서 배당금 지급자의 상위 25%( 6.42% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 18.1% )이 낮기 때문에 SGP 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: SGP 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YPH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 19:40종가2026/05/07 00:00수익2025/12/31연간 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 소스Synergy Grid & Development Phils., Inc.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Julian Vincent RoxasBofA Global ResearchAjay MirchandaniJ.P. Morgan
Upcoming Dividend • Apr 07Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 14 April 2026. Payment date: 04 May 2026. Trailing yield: 1.6%. Lower than top quartile of Filipino dividend payers (6.6%). Lower than average of industry peers (3.3%).
Upcoming Dividend • Dec 04Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 11 December 2025. Payment date: 19 December 2025. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (6.2%). Lower than average of industry peers (3.3%).
Upcoming Dividend • Sep 10Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 17 September 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (6.0%). Lower than average of industry peers (3.4%).
Upcoming Dividend • Apr 18Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Filipino dividend payers (6.0%). In line with average of industry peers (3.5%).
Upcoming Dividend • Jun 26Upcoming dividend of ₱0.17 per share at 11% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of Filipino dividend payers (5.8%). Higher than average of industry peers (4.2%).
Upcoming Dividend • Mar 13Upcoming dividend of ₱0.17 per share at 9.0% yieldEligible shareholders must have bought the stock before 20 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 9.0%. Within top quartile of Filipino dividend payers (5.5%). Higher than average of industry peers (4.3%).
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₱26.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 195% over the past three years.
Board Change • Apr 21Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Daniel Ibasco was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Apr 18New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 17Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: ₱3.83 (up from ₱1.50 in FY 2024). Revenue: ₱138.6b (up 23% from FY 2024). Net income: ₱20.2b (up 156% from FY 2024). Profit margin: 14% (up from 7.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
New Risk • Apr 16New 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 7.5% 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 Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change).
Upcoming Dividend • Apr 07Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 14 April 2026. Payment date: 04 May 2026. Trailing yield: 1.6%. Lower than top quartile of Filipino dividend payers (6.6%). Lower than average of industry peers (3.3%).
Buy Or Sell Opportunity • Mar 23Now 21% undervaluedOver the last 90 days, the stock has risen 23% to ₱20.70. The fair value is estimated to be ₱26.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to decline by 42% in a year. Earnings are forecast to decline by 10% in the next year.
New Risk • Feb 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future.
Upcoming Dividend • Dec 04Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 11 December 2025. Payment date: 19 December 2025. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (6.2%). Lower than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱15.98, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Electric Utilities industry in Asia. Total returns to shareholders of 52% over the past three years.
Buy Or Sell Opportunity • Nov 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.5% to ₱15.98. The fair value is estimated to be ₱13.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to decline by 43% in a year. Earnings are forecast to decline by 14% in the next year.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ₱0.32 (vs ₱0.39 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.32 (down from ₱0.39 in 3Q 2024). Revenue: ₱25.9b (up 7.6% from 3Q 2024). Net income: ₱1.71b (down 17% from 3Q 2024). Profit margin: 6.6% (down from 8.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 27% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Oct 01Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to ₱16.00. The fair value is estimated to be ₱13.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to decline by 46% in a year. Earnings are forecast to decline by 24% in the next year.
Upcoming Dividend • Sep 10Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 17 September 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (6.0%). Lower than average of industry peers (3.4%).
공지 • Sep 05Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 16, 2025Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 16, 2025, at 14:00 W. Australia Standard Time. Location: via videoconferencing at the principal office, Philippines
Buy Or Sell Opportunity • Sep 04Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to ₱16.12. The fair value is estimated to be ₱13.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to decline by 46% in a year. Earnings are forecast to decline by 24% in the next year.
Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₱15.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 24% over the past three years.
Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: ₱1.47 (vs ₱0.37 in 2Q 2024)Second quarter 2025 results: EPS: ₱1.47 (up from ₱0.37 in 2Q 2024). Revenue: ₱39.8b (up 28% from 2Q 2024). Net income: ₱7.73b (up 293% from 2Q 2024). Profit margin: 19% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 28% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 7.5%. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 21First quarter 2025 earnings released: EPS: ₱0.38 (vs ₱0.51 in 1Q 2024)First quarter 2025 results: EPS: ₱0.38 (down from ₱0.51 in 1Q 2024). Revenue: ₱23.8b (down 16% from 1Q 2024). Net income: ₱1.99b (down 26% from 1Q 2024). Profit margin: 8.4% (down from 9.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% 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 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₱1.50 (down from ₱2.02 in FY 2023). Revenue: ₱112.3b (up 2.2% from FY 2023). Net income: ₱7.88b (down 26% from FY 2023). Profit margin: 7.0% (down from 9.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 41%. Over the last 3 years on average, earnings per share has fallen by 13% 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.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₱12.90, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 8x in the Electric Utilities industry in Philippines. Total returns to shareholders of 16% over the past three years.
New Risk • Jan 16New 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 7.4% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change).
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱11.50, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 6x in the Electric Utilities industry in Philippines. Total returns to shareholders of 4.6% over the past three years.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ₱0.39 (vs ₱0.52 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.39 (down from ₱0.52 in 3Q 2023). Revenue: ₱24.0b (flat on 3Q 2023). Net income: ₱2.04b (down 25% from 3Q 2023). Profit margin: 8.5% (down from 11% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
공지 • Sep 05Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 17, 2024Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 17, 2024, at 14:00 W. Australia Standard Time. Location: via videoconferencing at the principal office, Philippines
New Risk • Aug 19New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 0% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: ₱0.37 (vs ₱0.51 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.37 (down from ₱0.51 in 2Q 2023). Revenue: ₱31.2b (flat on 2Q 2023). Net income: ₱1.97b (down 27% from 2Q 2023). Profit margin: 6.3% (down from 8.6% in 2Q 2023).
Buy Or Sell Opportunity • Jul 01Now 22% undervaluedOver the last 90 days, the stock has risen 28% to ₱9.62. The fair value is estimated to be ₱12.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years, while earnings per share has been flat.
Buy Or Sell Opportunity • Jun 21Now 20% undervaluedOver the last 90 days, the stock has risen 29% to ₱9.89. The fair value is estimated to be ₱12.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years, while earnings per share has been flat.
Reported Earnings • May 23First quarter 2024 earnings released: EPS: ₱0.51 (vs ₱0.59 in 1Q 2023)First quarter 2024 results: EPS: ₱0.51 (down from ₱0.59 in 1Q 2023). Revenue: ₱28.2b (up 1.7% from 1Q 2023). Net income: ₱2.68b (down 14% from 1Q 2023). Profit margin: 9.5% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses.
Reported Earnings • Apr 18Full year 2023 earnings released: EPS: ₱2.02 (vs ₱2.85 in FY 2022)Full year 2023 results: EPS: ₱2.02 (down from ₱2.85 in FY 2022). Revenue: ₱109.9b (up 6.9% from FY 2022). Net income: ₱10.6b (down 29% from FY 2022). Profit margin: 9.7% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Apr 18Upcoming dividend of ₱0.35 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Filipino dividend payers (6.0%). In line with average of industry peers (3.5%).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₱8.95, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 15x in the Electric Utilities industry in Asia. Total loss to shareholders of 13% over the past year.
Buy Or Sell Opportunity • Apr 08Now 39% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to ₱8.95. The fair value is estimated to be ₱6.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 5.1%.
Buy Or Sell Opportunity • Mar 21Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to ₱7.84. The fair value is estimated to be ₱6.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 5.1%.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱8.97, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 12x in the Electric Utilities industry in Asia. Total loss to shareholders of 18% over the past year.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₱8.97, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 12x in the Electric Utilities industry in Asia. Total loss to shareholders of 18% over the past year.
Buy Or Sell Opportunity • Feb 07Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.7% to ₱7.67. The fair value is estimated to be ₱6.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 5.1%.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₱7.94, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 13x in the Electric Utilities industry in Asia. Total loss to shareholders of 29% over the past year.
Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₱0.52 (vs ₱0.48 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.52 (up from ₱0.48 in 3Q 2022). Revenue: ₱24.0b (down 2.6% from 3Q 2022). Net income: ₱2.72b (up 6.7% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is expected to decline by 28% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 2.6%.
Reported Earnings • Aug 20Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: ₱0.51 (down from ₱1.25 in 2Q 2022). Revenue: ₱31.4b (down 5.7% from 2Q 2022). Net income: ₱2.70b (down 59% from 2Q 2022). Profit margin: 8.6% (down from 20% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 1.1%.
Upcoming Dividend • Jun 26Upcoming dividend of ₱0.17 per share at 11% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of Filipino dividend payers (5.8%). Higher than average of industry peers (4.2%).
공지 • Jun 22Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 19, 2023Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 19, 2023.
Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₱7.83, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₱5.27 per share.
Price Target Changed • May 18Price target decreased by 13% to ₱14.10Down from ₱16.25, the current price target is an average from 2 analysts. New target price is 52% above last closing price of ₱9.25. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₱2.19 for next year compared to ₱2.85 last year.
Reported Earnings • Apr 20Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₱2.85 (up from ₱2.10 in FY 2021). Revenue: ₱102.7b (up 15% from FY 2021). Net income: ₱15.0b (up 65% from FY 2021). Profit margin: 15% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is expected to decline by 37% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 1.6%.
Upcoming Dividend • Mar 13Upcoming dividend of ₱0.17 per share at 9.0% yieldEligible shareholders must have bought the stock before 20 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 9.0%. Within top quartile of Filipino dividend payers (5.5%). Higher than average of industry peers (4.3%).
Price Target Changed • Jan 03Price target increased to ₱18.00Up from ₱15.00, the current price target is provided by 1 analyst. New target price is 62% above last closing price of ₱11.10. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₱2.84 for next year compared to ₱2.10 last year.
Upcoming Dividend • Dec 12Upcoming dividend of ₱0.26 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 8.4%. Within top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (4.3%).
공지 • Dec 08Synergy Grid & Development Phils., Inc. Approves Cash Dividend for the Fourth Quarter of 2022, Payable on January 13, 2023The Board of Directors of Synergy Grid & Development Phils., Inc. (Company) approved on December 7, 2022 the declaration of cash dividends for the 4th quarter of 2022 from the Company's unrestricted retained earnings with record date on December 22, 2022 and payment date on January 13, 2023. Dividend/share is PHP 0.26/share.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Francis Saturnino Juan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Sep 22Synergy Grid & Development Phils., Inc. Approves Cash Dividend for the Third Quarter of 2022, Payable on October 19, 2022Synergy Grid & Development Phils., Inc. approved cash dividend of PHP 0.26 per share for the third quarter of 2022 with record date as 5 October 2022 and Payment Date as 19 October 2022.
Major Estimate Revision • Aug 19Consensus revenue estimates increase by 14%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₱50.8b to ₱58.1b. EPS estimate increased from ₱1.77 to ₱2.31 per share. Net income forecast to grow 32% next year vs 12% growth forecast for Electric Utilities industry in Philippines. Consensus price target broadly unchanged at ₱15.25. Share price rose 7.8% to ₱13.32 over the past week.
공지 • Aug 11Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 20, 2022Synergy Grid & Development Phils., Inc., Annual General Meeting, Oct 20, 2022, at 06:00 Coordinated Universal Time.
공지 • Jun 23Synergy Grid & Development Phils., Inc. Announces Second Quarter Dividend, Payable on July 22, 2022Synergy Grid & Development Phils., Inc. second quarter dividend of PHP 0.26 per share. Record date is July 6, 2022. The dividend will be payable on July 22, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Francis Saturnino Juan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 15Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Francis Saturnino Juan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Dec 02Inaugural dividend of ₱0.20 per shareEligible shareholders must have bought the stock before 09 December 2021. Payment date: 10 January 2022. The company last paid an ordinary dividend in November 2021. The average dividend yield among industry peers is 4.2%.