Filipino (PSEi) Market Analysis & Valuation
UpdatedJun 02, 2023
DataAggregated Company Financials
Companies260
- 7D-1.6%
- 3M-3.1%
- 1Y-3.6%
- YTD-0.7%
Over the last 7 days, the market has dropped 1.6%, driven by declines in the Real Estate and Industrials sectors of 2.8% and 1.6%, respectively. The market has dropped 3.6% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.
Market Valuation and Performance
Has the Filipino Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 Jun 2023 | ₱13.0t | ₱12.8t | ₱978.0b | 10.4x | 13.3x | 1x |
| Sun, 30 Apr 2023 | ₱13.4t | ₱12.4t | ₱952.1b | 11.5x | 14x | 1.1x |
| Tue, 28 Mar 2023 | ₱13.3t | ₱11.8t | ₱1.0t | 11.2x | 12.9x | 1.1x |
| Thu, 23 Feb 2023 | ₱13.5t | ₱11.7t | ₱1.0t | 11.5x | 13.1x | 1.2x |
| Sat, 21 Jan 2023 | ₱13.8t | ₱11.6t | ₱1.0t | 11.3x | 13.4x | 1.2x |
| Mon, 19 Dec 2022 | ₱12.8t | ₱11.6t | ₱1.0t | 11x | 12.4x | 1.1x |
| Wed, 16 Nov 2022 | ₱12.7t | ₱11.1t | ₱1.0t | 11.4x | 12.1x | 1.1x |
| Fri, 14 Oct 2022 | ₱11.8t | ₱10.7t | ₱966.4b | 11.2x | 12.3x | 1.1x |
| Sun, 11 Sep 2022 | ₱13.1t | ₱10.7t | ₱960.6b | 12.2x | 13.7x | 1.2x |
| Tue, 09 Aug 2022 | ₱12.8t | ₱9.7t | ₱865.8b | 12.1x | 14.8x | 1.3x |
| Thu, 07 Jul 2022 | ₱12.8t | ₱9.6t | ₱844.4b | 12.2x | 15.1x | 1.3x |
| Sat, 04 Jun 2022 | ₱13.3t | ₱9.6t | ₱842.5b | 12x | 15.7x | 1.4x |
| Mon, 02 May 2022 | ₱13.4t | ₱8.9t | ₱734.1b | 12.7x | 18.3x | 1.5x |
| Wed, 30 Mar 2022 | ₱14.0t | ₱8.6t | ₱716.3b | 13.3x | 19.6x | 1.6x |
| Fri, 25 Feb 2022 | ₱14.3t | ₱8.4t | ₱646.1b | 13.6x | 22.1x | 1.7x |
| Sun, 23 Jan 2022 | ₱14.4t | ₱8.4t | ₱644.7b | 13.4x | 22.3x | 1.7x |
| Tue, 21 Dec 2021 | ₱14.2t | ₱8.4t | ₱643.6b | 13x | 22.1x | 1.7x |
| Thu, 18 Nov 2021 | ₱14.5t | ₱8.2t | ₱662.6b | 13.9x | 21.9x | 1.8x |
| Sat, 16 Oct 2021 | ₱14.3t | ₱8.1t | ₱619.2b | 14x | 23x | 1.8x |
| Mon, 13 Sep 2021 | ₱13.6t | ₱8.1t | ₱617.8b | 12.9x | 22.1x | 1.7x |
| Wed, 11 Aug 2021 | ₱12.8t | ₱8.1t | ₱616.0b | 13.1x | 20.7x | 1.6x |
| Sun, 06 Jun 2021 | ₱12.0t | ₱7.4t | ₱438.1b | 16.4x | 27.4x | 1.6x |
| Wed, 10 Mar 2021 | ₱12.2t | ₱7.5t | ₱378.8b | 18.5x | 32.2x | 1.6x |
| Tue, 01 Dec 2020 | ₱12.3t | ₱8.0t | ₱484.7b | 16x | 25.4x | 1.5x |
| Fri, 04 Sep 2020 | ₱10.5t | ₱8.5t | ₱569.0b | 13.2x | 18.4x | 1.2x |
| Mon, 08 Jun 2020 | ₱10.1t | ₱9.4t | ₱778.8b | 10.6x | 13x | 1.1x |
Price to Earnings Ratio
13x
Current Market PE
- Investors are pessimistic on the Filipino market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 13.3x which is lower than its 3-year average PE of 19.9x.
Past Earnings Growth
- The earnings for Filipino listed companies have grown 7.9% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Filipino Market?
| PH Market | -1.57% | |
| Tech | 1.20% | |
| Utilities | -0.78% | |
| Healthcare | -0.84% | |
| Materials | -0.85% | |
| Financials | -0.96% | |
| Consumer Staples | -1.19% | |
| Telecom | -1.55% | |
| Industrials | -1.56% | |
| Consumer Discretionary | -1.96% | |
| Real Estate | -2.79% | |
| Energy | -2.81% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 15.4%, which is lower than the prior year's growth of 19.9% per year.
- The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 7.8x.
Forecasted Growth
- Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 97% over the next 5 years.
- This is better than its past earnings decline of 7.3% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 17% 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 | |
|---|---|---|---|---|---|---|
| ICT International Container Terminal Services | ₱201.00 | 3.1% +₱12.2b | -6.5% | PE12.1x | Industrials | |
| BDO BDO Unibank | ₱137.00 | 1.5% +₱10.5b | 27.9% | PB1.5x | Financials | |
| VVT Vivant | ₱19.80 | 27.7% +₱4.4b | 36.6% | PE9.6x | Utilities | |
| DITO DITO CME Holdings | ₱2.66 | 13.2% +₱4.4b | -40.2% | PS4.5x | Telecom | |
| TFHI Top Frontier Investment Holdings | ₱111.00 | 11.0% +₱3.7b | -3.5% | PS0.02x | Industrials |
Market Insights
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