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Filipino (PSEi) Market Analysis & Valuation
UpdatedNov 26, 2024
DataAggregated Company Financials
Companies256
- 7D0.4%
- 3M1.4%
- 1Y14.2%
- YTD10.1%
The market has been flat over the last week. As for the longer term, the market has risen 14% in the past 12 months. Earnings are forecast to grow by 12% annually.
Market Valuation and Performance
Has the Filipino Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Nov 2024 | ₱14.5t | ₱13.5t | ₱1.1t | 9.4x | 12.6x | 1.1x |
| Thu, 24 Oct 2024 | ₱15.3t | ₱13.3t | ₱1.1t | 9.8x | 13.9x | 1.2x |
| Sat, 21 Sep 2024 | ₱14.7t | ₱13.3t | ₱1.1t | 9.2x | 13.3x | 1.1x |
| Mon, 19 Aug 2024 | ₱13.9t | ₱13.3t | ₱1.1t | 9.1x | 12.1x | 1x |
| Wed, 17 Jul 2024 | ₱13.5t | ₱13.0t | ₱1.1t | 9.4x | 11.8x | 1x |
| Fri, 14 Jun 2024 | ₱13.0t | ₱13.0t | ₱1.1t | 9.2x | 11.3x | 1x |
| Sun, 12 May 2024 | ₱13.0t | ₱12.8t | ₱1.2t | 9.8x | 11.3x | 1x |
| Tue, 09 Apr 2024 | ₱13.3t | ₱12.7t | ₱1.1t | 10.5x | 12x | 1x |
| Thu, 07 Mar 2024 | ₱13.4t | ₱12.7t | ₱1.1t | 10.6x | 12.6x | 1.1x |
| Sat, 03 Feb 2024 | ₱13.2t | ₱12.7t | ₱1.1t | 10.2x | 12.4x | 1x |
| Mon, 01 Jan 2024 | ₱12.8t | ₱12.7t | ₱1.1t | 10.2x | 12.1x | 1x |
| Wed, 29 Nov 2023 | ₱12.5t | ₱12.7t | ₱1.1t | 10x | 11.8x | 1x |
| Fri, 27 Oct 2023 | ₱12.3t | ₱12.6t | ₱1.0t | 9.9x | 12.1x | 1x |
| Sun, 24 Sep 2023 | ₱12.5t | ₱12.7t | ₱1.0t | 10.5x | 12.2x | 1x |
| Tue, 22 Aug 2023 | ₱12.7t | ₱12.8t | ₱1.0t | 10.4x | 12.5x | 1x |
| Thu, 20 Jul 2023 | ₱13.1t | ₱12.8t | ₱972.4b | 11x | 13.5x | 1x |
| Sat, 17 Jun 2023 | ₱12.9t | ₱12.8t | ₱972.9b | 10.5x | 13.3x | 1x |
| Mon, 15 May 2023 | ₱13.2t | ₱12.6t | ₱940.1b | 12.3x | 14x | 1x |
| Wed, 12 Apr 2023 | ₱13.1t | ₱12.1t | ₱921.1b | 11.2x | 14.2x | 1.1x |
| Fri, 10 Mar 2023 | ₱13.3t | ₱11.7t | ₱1.1t | 11.3x | 12.5x | 1.1x |
| Sun, 05 Feb 2023 | ₱13.8t | ₱11.6t | ₱1.0t | 11.6x | 13.5x | 1.2x |
| Tue, 03 Jan 2023 | ₱12.9t | ₱11.6t | ₱1.0t | 11x | 12.6x | 1.1x |
| Thu, 01 Dec 2022 | ₱13.2t | ₱11.7t | ₱1.0t | 11.2x | 12.8x | 1.1x |
| Sat, 29 Oct 2022 | ₱12.3t | ₱10.7t | ₱969.8b | 11.6x | 12.7x | 1.1x |
| Mon, 26 Sep 2022 | ₱12.5t | ₱10.7t | ₱962.2b | 11.8x | 13x | 1.2x |
| Wed, 24 Aug 2022 | ₱13.2t | ₱10.7t | ₱959.0b | 12.2x | 13.8x | 1.2x |
| Fri, 22 Jul 2022 | ₱12.5t | ₱9.7t | ₱844.9b | 12.2x | 14.8x | 1.3x |
| Sun, 19 Jun 2022 | ₱12.6t | ₱9.6t | ₱842.7b | 12.1x | 14.9x | 1.3x |
| Tue, 17 May 2022 | ₱13.0t | ₱9.3t | ₱815.3b | 11.4x | 15.9x | 1.4x |
| Thu, 14 Apr 2022 | ₱13.9t | ₱8.7t | ₱719.4b | 13.1x | 19.3x | 1.6x |
| Sat, 12 Mar 2022 | ₱14.1t | ₱8.5t | ₱665.1b | 13.6x | 21.2x | 1.7x |
| Mon, 07 Feb 2022 | ₱14.6t | ₱8.4t | ₱644.7b | 13x | 22.7x | 1.7x |
| Wed, 05 Jan 2022 | ₱14.0t | ₱8.4t | ₱644.4b | 12.8x | 21.7x | 1.7x |
| Fri, 03 Dec 2021 | ₱14.0t | ₱8.4t | ₱642.5b | 12.8x | 21.8x | 1.7x |
Price to Earnings Ratio
21.8x
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 12.6x which is lower than its 3-year average PE of 14.1x.
Past Earnings Growth
- The earnings for Filipino listed companies have grown 21% per year over the last three years.
- Revenues for these companies have grown 17% 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 | 0.38% | |
| Utilities | 2.31% | |
| Financials | 1.86% | |
| Industrials | 1.51% | |
| Energy | 0.16% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Healthcare | -0.0017% | |
| Real Estate | -0.31% | |
| Telecom | -0.75% | |
| Consumer Discretionary | -0.97% | |
| Materials | -1.36% | |
| Tech | -1.60% | |
| Consumer Staples | -2.69% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth, which is trading close to its 3-year average PE ratio of 57.5x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 21.0%, which is higher than its past year's earnings growth of 0.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Energy sector is expected to see its earnings grow by 2.4% 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 | ₱415.00 | 8.4% +₱64.9b | 90.0% | PE22.4x | Industrials | |
| BDO BDO Unibank | ₱151.70 | 8.0% +₱59.6b | 14.8% | PB1.4x | Financials | |
| ALI Ayala Land | ₱29.90 | 3.1% +₱34.0b | 0% | PE16.9x | Real Estate | |
| MBT Metropolitan Bank & Trust | ₱79.20 | 6.4% +₱21.4b | 52.5% | PB0.9x | Financials | |
| MER Manila Electric | ₱496.80 | 3.9% +₱21.2b | 34.1% | PE12.9x | Utilities |
