Aankondiging • May 06
AllHome Corp., Annual General Meeting, Aug 07, 2026 AllHome Corp., Annual General Meeting, Aug 07, 2026. New Risk • Jan 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₱1.37b market cap, or US$23.0m). New Risk • Nov 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 8.3% 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 Earnings have declined by 23% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₱975.0m market cap, or US$16.6m). Reported Earnings • Nov 18
Third quarter 2025 earnings released: ₱0.04 loss per share (vs ₱0.02 profit in 3Q 2024) Third quarter 2025 results: ₱0.04 loss per share (down from ₱0.02 profit in 3Q 2024). Revenue: ₱1.60b (down 26% from 3Q 2024). Net loss: ₱150.4m (down 352% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year whereas the company’s share price has fallen by 48% per year. Reported Earnings • Aug 21
Second quarter 2025 earnings released: EPS: ₱0.04 (vs ₱0.04 in 2Q 2024) Second quarter 2025 results: EPS: ₱0.04 (in line with 2Q 2024). Revenue: ₱2.23b (down 22% from 2Q 2024). Net income: ₱71.8m (down 50% from 2Q 2024). Profit margin: 3.2% (down from 5.0% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. New Risk • Jun 17
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (₱1.91b market cap, or US$33.7m). Aankondiging • May 14
AllHome Corp., Annual General Meeting, Jun 27, 2025 AllHome Corp., Annual General Meeting, Jun 27, 2025, at 10:00 W. Australia Standard Time. Reported Earnings • May 03
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₱0.11 (down from ₱0.21 in FY 2023). Revenue: ₱9.89b (down 18% from FY 2023). Net income: ₱400.8m (down 50% from FY 2023). Profit margin: 4.1% (down from 6.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 6.8% 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 fallen by 27% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Price Target Changed • Jan 14
Price target decreased by 18% to ₱1.67 Down from ₱2.03, the current price target is an average from 3 analysts. New target price is 198% above last closing price of ₱0.56. Stock is down 52% over the past year. The company is forecast to post earnings per share of ₱0.14 for next year compared to ₱0.21 last year. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: ₱0.02 (vs ₱0.04 in 3Q 2023) Third quarter 2024 results: EPS: ₱0.02 (down from ₱0.04 in 3Q 2023). Revenue: ₱2.16b (down 21% from 3Q 2023). Net income: ₱59.6m (down 57% from 3Q 2023). Profit margin: 2.8% (down from 5.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% 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 fallen by 23% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Declared Dividend • Nov 15
Dividend reduced to ₱0.031 Dividend of ₱0.031 is 17% lower than last year. Ex-date: 26th November 2024 Payment date: 12th December 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 28% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 13
AllHome Corp. Approves Declaration of Cash Dividend, Payable on December 12, 2024 AllHome Corp. at the meeting of the Board of Directors held on November 13, 2024, the Board approved the declaration of cash dividends which shall be payable in cash to all its stockholders on the basis of outstanding stocks held by them. Amount: PHP 0.0309 per share. Record Date: November 27, 2024. Payment Date: December 12, 2024. Aankondiging • Sep 10
Allhome Corp. Announces Demise of Ms. Benjamarie Therese N. Serrano, President AllHome Corp. has been informed that its President, Ms. Benjamarie Therese N. Serrano, has passed away on September 5, 2024. Ms. Serrano had been the President of the Company since 2019. The Company shall disclose in due course the election of a new President as her replacement. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: ₱0.04 (vs ₱0.06 in 2Q 2023) Second quarter 2024 results: EPS: ₱0.04 (down from ₱0.06 in 2Q 2023). Revenue: ₱2.86b (down 8.3% from 2Q 2023). Net income: ₱142.1m (down 38% from 2Q 2023). Profit margin: 5.0% (down from 7.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% 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 fallen by 19% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. Aankondiging • Jun 28
AllHome Corp. Announces Committee Appointments AllHome Corp. announced that organizational meeting of the Board of Directors held on June 28, 2024 the following directors were nominated and elected as members of the following committees of the Company: Nomination Committee: Manuel B. Villar Jr. – Chairman; Camille A. Villar – Member; Raul Juan N. Esteban (Independent Director) – Member. Compensation and Remuneration Committee: Manuel Paolo A. Villar – Chairman; Frances Rosalie T. Coloma – Member; Jessie D. Cabaluna (Independent Director) – Member. Audit Committee: Raul Juan N. Esteban (Independent Director) – Chairman; Jessie D. Cabaluna (Independent Director) – Member; Manuel Paolo A. Villar – Member. Corporate Governance Committee: Jessie D. Cabaluna (Independent Director) – Chairman; Raul Juan N. Esteban (Independent Director) – Member; Camille A. Villar – Member. Board Risk Oversight Committee: Jessie D. Cabaluna (Independent Director) – Chairman; Raul Juan N. Esteban (Independent Director) – Member; Benjamarie Therese N. Serrano – Member. Related Party Transaction Committee: Raul Juan N. Esteban (Independent Director) – Chairman; Jessie D. Cabaluna (Independent Director) – Member; Camille A. Villar – Member. Major Estimate Revision • Jun 08
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₱12.3b to ₱11.6b. EPS estimate also fell from ₱0.234 per share to ₱0.20 per share. Net income forecast to shrink 17% next year vs 18% growth forecast for Specialty Retail industry in Philippines . Consensus price target down from ₱2.57 to ₱2.43. Share price rose 2.3% to ₱0.89 over the past week. Aankondiging • May 29
AllHome Corp. Announces Executive Changes During the Special Meeting of the Board of Directors of AllHome Corp. (the "Company") held on May 27, 2024, the Board accepted the resignation of Marianita N. Domingo as the Chief Operating Officer of the Company, due to Personal Reasons and elected Frances Rosalie T. Coloma as the new Chief Operating Officer, effective May 27, 2024. In the same meeting, the Board accepted the resignation of Joselito A. Rivamonte as the Chief Audit Executive of the Company due to Transfer to another company within the Villar Group and elected Vanessa L. Bauzon-Crisol as the new Chief Audit Executive of the Company, effective May 27, 2024. New Risk • May 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 9.6% 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (₱3.41b market cap, or US$59.1m). Aankondiging • May 09
AllHome Corp., Annual General Meeting, Jun 28, 2024 AllHome Corp., Annual General Meeting, Jun 28, 2024, at 10:00 Singapore Standard Time. Reported Earnings • May 01
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: ₱0.21 (down from ₱0.25 in FY 2022). Revenue: ₱12.1b (down 4.0% from FY 2022). Net income: ₱797.3m (down 15% from FY 2022). Profit margin: 6.6% (down from 7.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Apr 24
Now 24% overvalued Over the last 90 days, the stock has fallen 17% to ₱0.94. The fair value is estimated to be ₱0.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 11% in the next 2 years. Major Estimate Revision • Apr 05
Consensus EPS estimates fall by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₱12.7b to ₱12.0b. EPS estimate also fell from ₱0.29 per share to ₱0.215 per share. Net income forecast to shrink 6.7% next year vs 17% growth forecast for Specialty Retail industry in Philippines . Consensus price target down from ₱2.80 to ₱2.57. Share price was steady at ₱0.98 over the past week. Upcoming Dividend • Nov 22
Upcoming dividend of ₱0.037 per share at 3.0% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (2.3%). Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: ₱0.04 (vs ₱0.05 in 3Q 2022) Third quarter 2023 results: EPS: ₱0.04 (down from ₱0.05 in 3Q 2022). Revenue: ₱2.74b (down 3.5% from 3Q 2022). Net income: ₱139.5m (down 21% from 3Q 2022). Profit margin: 5.1% (down from 6.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% 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 remained flat but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Aankondiging • Nov 16
Allhome Corp. Announces Declaration of Cash Dividend, Payable on December 15, 2023 AllHome Corp. at its meeting of the Board of Directors held on November 14, 2023, approved the declaration of PHP 0.0374 per share of cash dividends which shall be payable in cash to all its stockholders on the basis of outstanding stocks held by them. Record Date is November 30, 2023. Payment Date is December 15, 2023. New Risk • Oct 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.55b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₱5.55b market cap, or US$97.5m). Price Target Changed • Sep 18
Price target decreased by 9.7% to ₱3.15 Down from ₱3.49, the current price target is an average from 4 analysts. New target price is 97% above last closing price of ₱1.60. Stock is down 57% over the past year. The company is forecast to post earnings per share of ₱0.27 for next year compared to ₱0.25 last year. Major Estimate Revision • Aug 22
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₱13.8b to ₱12.7b. EPS estimate also fell from ₱0.313 per share to ₱0.271 per share. Net income forecast to grow 4.1% next year vs 15% growth forecast for Specialty Retail industry in Philippines. Consensus price target broadly unchanged at ₱3.42. Share price fell 2.5% to ₱1.58 over the past week. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: ₱0.06 (vs ₱0.07 in 2Q 2022) Second quarter 2023 results: EPS: ₱0.06 (down from ₱0.07 in 2Q 2022). Revenue: ₱3.12b (up 3.0% from 2Q 2022). Net income: ₱229.9m (down 8.1% from 2Q 2022). Profit margin: 7.4% (down from 8.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% 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 5% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Aankondiging • Aug 15
AllHome Corp. to Report Q2, 2023 Results on Aug 14, 2023 AllHome Corp. announced that they will report Q2, 2023 results on Aug 14, 2023 Aankondiging • Jun 24
Allhome Corp. Appoints Mr. Esteban as Independent Directors AllHome Corp. in its Annual Stockholders' Meeting held on June 23, 2023 elected Mr. Esteban as independent directors. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₱1.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Specialty Retail industry in Asia. Total loss to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱0.84 per share. Major Estimate Revision • May 30
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₱14.6b to ₱14.3b. EPS estimate also fell from ₱0.363 per share to ₱0.311 per share. Net income forecast to grow 7.9% next year vs 15% growth forecast for Specialty Retail industry in Philippines. Consensus price target down from ₱4.18 to ₱3.82. Share price fell 11% to ₱1.70 over the past week. Price Target Changed • May 25
Price target decreased by 8.6% to ₱3.82 Down from ₱4.18, the current price target is an average from 5 analysts. New target price is 128% above last closing price of ₱1.68. Stock is down 69% over the past year. The company is forecast to post earnings per share of ₱0.28 for next year compared to ₱0.25 last year. Aankondiging • May 04
AllHome Corp. Announces Demise of Laura Suarez Acuzar, Independent Director AllHome Corp. has been informed that one of its independent directors, Ms. Laura Suarez Acuzar, has passed away on April 29, 2023. Ms. Acuzar had been one of independent directors of the Company since 2019. Reported Earnings • May 03
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₱0.25 (down from ₱0.39 in FY 2021). Revenue: ₱12.6b (down 12% from FY 2021). Net income: ₱933.8m (down 35% from FY 2021). Profit margin: 7.4% (down from 10% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 3.2%. Revenue is forecast to grow 13% 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 fallen by 5% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₱2.71, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Specialty Retail industry in Asia. Total loss to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₱3.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Specialty Retail industry in Asia. Total loss to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 17% share price gain to ₱1.69, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Specialty Retail industry in Asia. Total loss to shareholders of 85% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱1.33 per share. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₱1.38, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Specialty Retail industry in Asia. Total loss to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱1.25 per share. Upcoming Dividend • Dec 05
Upcoming dividend of ₱0.077 per share Eligible shareholders must have bought the stock before 12 December 2022. Payment date: 29 December 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (2.3%). Aankondiging • Nov 30
AllHome Corp. Declares Cash Dividends, Payable on December 29, 2022 At the meeting of the Board of Directors of AllHome Corp. held on November 29, 2022 the Board approved the declaration of cash dividends which shall be payable in cash to all its stockholders on the basis of outstanding stocks heldby them. Date of Approval by November 29, 2022. Board of Directors Amount of Cash is PHP. 0.0770 Dividend Per Share. Record Date is December 15, 2022. Payment Date is December 29, 2022. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment deteriorated over the past week After last week's 26% share price decline to ₱1.85, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Specialty Retail industry in Asia. Total loss to shareholders of 84% over the past three years. Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: ₱0.05 (vs ₱0.09 in 3Q 2021) Third quarter 2022 results: EPS: ₱0.05 (down from ₱0.09 in 3Q 2021). Revenue: ₱2.84b (down 17% from 3Q 2021). Net income: ₱176.5m (down 47% from 3Q 2021). Profit margin: 6.2% (down from 9.8% in 3Q 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Specialty Retail industry in Asia. 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 40% per year, which means it is performing significantly worse than earnings. Price Target Changed • Nov 16
Price target decreased to ₱6.50 Down from ₱8.74, the current price target is an average from 5 analysts. New target price is 160% above last closing price of ₱2.50. Stock is down 72% over the past year. The company is forecast to post earnings per share of ₱0.34 for next year compared to ₱0.39 last year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Laura Suarez Acuzar was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Nov 14
AllHome Corp. to Report Nine Months, 2022 Results on Nov 14, 2022 AllHome Corp. announced that they will report nine months, 2022 results on Nov 14, 2022 Buying Opportunity • Aug 24
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be ₱5.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has declined by 3.5%. Revenue is forecast to grow by 45% in 2 years. Earnings is forecast to grow by 118% in the next 2 years. Price Target Changed • Aug 19
Price target decreased to ₱7.75 Down from ₱8.74, the current price target is an average from 3 analysts. New target price is 65% above last closing price of ₱4.69. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₱0.35 for next year compared to ₱0.39 last year. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: ₱0.07 (vs ₱0.08 in 2Q 2021) Second quarter 2022 results: EPS: ₱0.07 (down from ₱0.08 in 2Q 2021). Revenue: ₱3.03b (down 3.4% from 2Q 2021). Net income: ₱250.0m (down 16% from 2Q 2021). Profit margin: 8.3% (down from 9.5% in 2Q 2021). Over the next year, revenue is forecast to grow 24%, compared to a 18% growth forecast for the Specialty Retail industry in Philippines. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 16% share price gain to ₱5.36, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Specialty Retail industry in Asia. Total loss to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₱5.79 per share. Buying Opportunity • Jul 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 39%. The fair value is estimated to be ₱5.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 102% in the next 2 years. Aankondiging • Jun 25
Allhome Corp. Approves the Election of Paul D. Estañero Compliance Officer and Controller AllHome Corp. approved the election of Paul D. Estañero Compliance Officer and Controller, at its AGM held on June 24, 2022. Management Committee shall be composed of the following officers of the Company: Benjamarie Therese N. Serrano, Robirose M. Abbot, Mary Lee S. Sadiasa and Paul D. Estañero. In the same meeting, the following directors were nominated and elected as members of the following committees of theCompany: Nomination Committee: Manuel B. Villar Jr. - Chairman - Camille A. Villar - Member - Laura Suarez Acuzar (Independent Director) - Member. Compensation and Remuneration Committee: Manuel Paolo A. Villar - Chairman - Frances Rosalie T. Coloma - Member - Jessie D. Cabaluna (Independent Director) - Member. Audit Committee: Laura Suarez Acuzar (Independent Director) - Chairman - Jessie D. Cabaluna (Independent Director) - Member - Manuel Paolo A. Villar - Member. Corporate Governance Committee: Jessie D. Cabaluna (Independent Director) - Chairman - Laura Suarez Acuzar (Independent Director) - Member - Camille A. Villar - Member. Board Risk Oversight Committee: Jessie D. Cabaluna (Independent Director) - Chairman - Laura Suarez Acuzar (Independent Director) - Member - Benjamarie Therese N. Serrano - Member. Related Party Transaction Committee: Laura Suarez Acuzar (Independent Director) - Chairman - Jessie D. Cabaluna (Independent Director) - Member - Camille A. Villar - Member. Price Target Changed • Jun 21
Price target decreased to ₱8.88 Down from ₱10.65, the current price target is an average from 3 analysts. New target price is 95% above last closing price of ₱4.55. Stock is down 43% over the past year. The company is forecast to post earnings per share of ₱0.38 for next year compared to ₱0.39 last year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₱4.75, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Specialty Retail industry in Asia. Total loss to shareholders of 40% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₱7.85 per share. Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₱5.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Specialty Retail industry in Asia. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₱8.00 per share. Buying Opportunity • May 18
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be ₱7.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 61% in 2 years. Earnings is forecast to grow by 137% in the next 2 years. Reported Earnings • May 17
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: ₱0.01 loss per share (down from ₱0.092 profit in 1Q 2021). Revenue: ₱3.24b (down 9.8% from 1Q 2021). Net loss: ₱27.9m (down 108% from profit in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 31%, compared to a 18% growth forecast for the industry in Philippines. Aankondiging • May 12
AllHome Corp. Announces Corporate Secretary Changes The special meeting of the board of directors of AllHome Corp. held on May 6, 2022, Atty. Arbin Omar P. Cariño was duly nominated and elected as Corporate Secretary of the company due to resignation of Atty. Jo Marie Lazaro-Lim. Mr. Cariño is the Corporate Secretary of All Bank Inc. Aankondiging • May 02
AllHome Corp., Annual General Meeting, Jun 24, 2022 AllHome Corp., Annual General Meeting, Jun 24, 2022, at 10:00 Singapore Standard Time. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Vice Chairman Camille Villar is the most experienced director on the board, commencing their role in 2019. Independent Director Laura Suarez Acuzar was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 01
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: ₱0.39 (up from ₱0.26 in FY 2020). Revenue: ₱14.3b (up 15% from FY 2020). Net income: ₱1.44b (up 46% from FY 2020). Profit margin: 10% (up from 8.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 200%. Over the next year, revenue is forecast to grow 24%, compared to a 18% growth forecast for the retail industry in Philippines. Aankondiging • Mar 31
AllHome Corp. to Report Fiscal Year 2021 Results on Mar 30, 2022 AllHome Corp. announced that they will report fiscal year 2021 results on Mar 30, 2022 Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS ₱0.09 (vs ₱0.08 in 3Q 2020) The company reported a mediocre third quarter result with weaker revenues, although profit margins were flat and earnings improved. Third quarter 2021 results: Revenue: ₱3.40b (down 2.0% from 3Q 2020). Net income: ₱331.7m (up 6.1% from 3Q 2020). Profit margin: 9.8% (in line with 3Q 2020). Upcoming Dividend • Nov 17
Upcoming dividend of ₱0.053 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 14 December 2021. Trailing yield: 0.6%. Lower than top quartile of Filipino dividend payers (4.0%). Lower than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₱10.10, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Specialty Retail industry in Asia. Total returns to shareholders of 76% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₱12.34 per share. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ₱0.08 (vs ₱0.001 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱3.13b (up 110% from 2Q 2020). Net income: ₱296.8m (up ₱291.3m from 2Q 2020). Profit margin: 9.5% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Executive Departure • Jul 06
Compliance Officer & Controller Maria Cristina Barao has left the company On the 25th of June, Maria Cristina Barao's tenure as Compliance Officer & Controller ended. We don't have any record of a personal shareholding under Maria Cristina's name. Maria Cristina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Major Estimate Revision • May 31
Consensus EPS estimates increase to ₱0.39 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₱15.0b to ₱15.5b. EPS estimate increased from ₱0.34 to ₱0.39 per share. Net income forecast to grow 36% next year vs 28% growth forecast for Specialty Retail industry in Philippines. Consensus price target up from ₱10.68 to ₱10.90. Share price rose 5.2% to ₱7.68 over the past week. Reported Earnings • May 18
First quarter 2021 earnings released: EPS ₱0.09 (vs ₱0.072 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₱3.59b (up 6.7% from 1Q 2020). Net income: ₱344.2m (up 27% from 1Q 2020). Profit margin: 9.6% (up from 8.0% in 1Q 2020). The increase in margin was driven by higher revenue. Major Estimate Revision • Apr 07
Consensus EPS estimates fall to ₱0.37 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ₱16.0b to ₱15.5b. EPS estimate also fell from ₱0.44 to ₱0.37. Net income forecast to grow 33% next year vs 31% growth forecast for Specialty Retail industry in Philippines. Consensus price target down from ₱11.40 to ₱10.68. Share price was steady at ₱8.08 over the past week. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS ₱0.26 (vs ₱0.39 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₱12.4b (up 2.9% from FY 2019). Net income: ₱987.7m (down 5.9% from FY 2019). Profit margin: 8.0% (down from 8.7% in FY 2019). The decrease in margin was driven by higher expenses. Like-for-like sales growth: 3.5% vs FY 2019 Is New 90 Day High Low • Feb 24
New 90-day low: ₱8.00 The company is down 1.0% from its price of ₱8.09 on 26 November 2020. The Filipino market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Specialty Retail industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱15.35 per share. Is New 90 Day High Low • Dec 30
New 90-day high: ₱9.15 The company is up 59% from its price of ₱5.75 on 01 October 2020. The Filipino market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱16.49 per share. Is New 90 Day High Low • Dec 10
New 90-day high: ₱8.59 The company is up 48% from its price of ₱5.82 on 11 September 2020. The Filipino market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱16.31 per share. Major Estimate Revision • Dec 01
Analysts update estimates The 2020 consensus revenue estimate increased from ₱9.99b to ₱12.0b. Earning per share (EPS) estimate was unchanged from the last update at ₱0.22. The Specialty Retail industry in Philippines is expected to see an average net income growth of 28% next year. The consensus price target increased from ₱9.87 to ₱11.33. Share price is up 5.8% to ₱8.52 over the past week. Price Target Changed • Nov 26
Price target raised to ₱12.00 Up from ₱9.87, the current price target is an average from 3 analysts. The new target price is 49% above the current share price of ₱8.05. As of last close, the stock is down 30% over the past year. Is New 90 Day High Low • Nov 16
New 90-day high: ₱8.00 The company is up 25% from its price of ₱6.39 on 18 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 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱5.36 per share. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS ₱0.08 The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues were improved. Third quarter 2020 results: Revenue: ₱3.47b (up 11% from 3Q 2019). Net income: ₱312.5m (flat on 3Q 2019). Profit margin: 9.0% (down from 10.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 10
Market bids up stock over the past week After last week's 16% share price gain to ₱7.82, the stock is trading at a trailing P/E ratio of 40x, up from the previous P/E ratio of 34.5x. This compares to an average P/E of 17x in the Specialty Retail industry in Asia. Total return to shareholders over the past year is a loss of 31%. Is New 90 Day High Low • Oct 25
New 90-day high: ₱6.88 The company is up 1.0% from its price of ₱6.83 on 27 July 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 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱5.37 per share. Is New 90 Day High Low • Oct 02
New 90-day low: ₱5.73 The company is down 20% from its price of ₱7.20 on 03 July 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 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₱5.14 per share.