Filipino (PSEi) Market Analysis & Valuation
UpdatedMay 24, 2022
DataAggregated Company Financials
Companies251
- 7D2.5%
- 3M-9.1%
- 1Y7.9%
- YTD-5.2%
The market has climbed 2.5% in the last 7 days, lead by the Industrials sector with a gain of 2.7%. The market is up 7.9% over the last 12 months. Earnings are forecast to grow by 21% annually.
Market Valuation and Performance
Has the Filipino Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 25 May 2022 | ₱13.3t | ₱9.6t | ₱828.8b | 11.9x |
| Fri, 22 Apr 2022 | ₱14.0t | ₱8.8t | ₱732.2b | 13.4x |
| Sun, 20 Mar 2022 | ₱14.0t | ₱8.5t | ₱691.1b | 13.1x |
| Tue, 15 Feb 2022 | ₱14.5t | ₱8.4t | ₱644.7b | 13.2x |
| Thu, 13 Jan 2022 | ₱14.2t | ₱8.4t | ₱644.5b | 12.9x |
| Sat, 11 Dec 2021 | ₱14.3t | ₱8.4t | ₱642.7b | 13.2x |
| Mon, 08 Nov 2021 | ₱14.4t | ₱8.1t | ₱629.1b | 13.9x |
| Wed, 06 Oct 2021 | ₱13.9t | ₱8.1t | ₱617.4b | 12.9x |
| Fri, 03 Sep 2021 | ₱13.4t | ₱8.1t | ₱617.3b | 13.2x |
| Sun, 01 Aug 2021 | ₱12.1t | ₱8.1t | ₱616.0b | 12.5x |
| Wed, 05 May 2021 | ₱11.7t | ₱7.4t | ₱437.9b | 16x |
| Sat, 06 Feb 2021 | ₱11.9t | ₱7.5t | ₱378.8b | 17.3x |
| Tue, 10 Nov 2020 | ₱11.3t | ₱8.0t | ₱484.6b | 13.9x |
| Mon, 03 Aug 2020 | ₱10.3t | ₱8.5t | ₱567.6b | 12.5x |
| Thu, 07 May 2020 | ₱10.1t | ₱9.4t | ₱779.3b | 11.4x |
| Sun, 09 Feb 2020 | ₱12.6t | ₱9.5t | ₱854.7b | 12.4x |
| Sat, 02 Nov 2019 | ₱14.0t | ₱9.4t | ₱826.3b | 15.6x |
| Tue, 06 Aug 2019 | ₱14.2t | ₱9.3t | ₱800.5b | 15.8x |
Median PE Ratio
15.5x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 14.1x.
Past Earnings Growth
- The earnings for Filipino listed companies have grown 3.0% per year over the last three years, while revenues have remained steady.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Sector Trends
Which sectors have driven the changes within the Filipino Market?
| PH Market | 2.49% | |
| Energy | 7.26% | |
| Utilities | 5.14% | |
| Materials | 3.95% | |
| Telecom | 3.08% | |
| Industrials | 2.68% | |
| Real Estate | 2.38% | |
| Financials | 2.37% | |
| Tech | 1.52% | |
| Consumer Staples | 0.79% | |
| Consumer Discretionary | -0.14% | |
| Healthcare | -4.48% | |
Sector PE
- Investors are most optimistic about the Telecom sector even though it's trading below its 3-year average PE ratio of 38.0x.
- Analysts are expecting annual earnings growth of 9.3%, which is lower than the prior year's growth of 40% per year.
- This could indicate that the market believes that analysts are underestimating future growth.
- Investors are most pessimistic about the Energy sector, which is trading below its 3-year average of 9.4x.
Forecasted Growth
- Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 133% over the next 5 years.
- This is better than its past earnings growth rate of 70% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 29% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| SMPH SM Prime Holdings | ₱37.70 | 2.4% +₱26.0b | 15.8% | PB3.2x | Real Estate | |
| MONDE Monde Nissin | ₱15.92 | 9.0% +₱23.7b | n/a | PS89x | Consumer Staples | |
| ICT International Container Terminal Services | ₱213.80 | 5.3% +₱22.0b | 54.9% | PS19.5x | Industrials | |
| GLO Globe Telecom | ₱2.53k | 5.1% +₱17.1b | 40.6% | PS11.5x | Telecom | |
| UBP Union Bank of the Philippines | ₱80.00 | 10.0% +₱15.5b | 33.2% | PB1.6x | Financials |