AC Stock Overview
Ayala Corporation engages in the real estate and hotel businesses in the Philippines and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||₱680.00|
|52 Week High||₱915.00|
|52 Week Low||₱651.00|
|1 Month Change||-10.05%|
|3 Month Change||-20.93%|
|1 Year Change||-5.42%|
|3 Year Change||-23.81%|
|5 Year Change||-21.75%|
|Change since IPO||208.90%|
Recent News & Updates
|AC||PH Industrials||PH Market|
Return vs Industry: AC underperformed the PH Industrials industry which returned -0.6% over the past year.
Return vs Market: AC underperformed the PH Market which returned 7.9% over the past year.
|AC Average Weekly Movement||5.1%|
|Industrials Industry Average Movement||4.9%|
|Market Average Movement||5.6%|
|10% most volatile stocks in PH Market||10.1%|
|10% least volatile stocks in PH Market||3.1%|
Stable Share Price: AC is not significantly more volatile than the rest of PH stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AC's weekly volatility (5%) has been stable over the past year.
About the Company
|1834||n/a||Fernando Miranda de Ayala||https://www.ayala.com.ph|
Ayala Corporation engages in the real estate and hotel businesses in the Philippines and internationally. Its Real Estate and Hotels segment develops, constructs, leases, and sells residential and commercial communities; manages land bank; operates hotels, cinema, and theaters; and provides construction and property management services. The company’s Financial Services and Insurance segment provides corporate, consumer, mortgage, leasing, and agri loans; deposit and cash management, asset management, online stock trading, foreign exchange and capital markets investments dealing, corporate finance and consulting, investment banking, internet banking, foreign exchange, and safety deposit services; and life, non-life, pre-need, and reinsurance services.
Ayala Fundamentals Summary
|AC fundamental statistics|
Is AC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AC income statement (TTM)|
|Cost of Revenue||₱182.56b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||49.82|
|Net Profit Margin||11.80%|
How did AC perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is Ayala undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AC (₱680) is trading above our estimate of fair value (₱289.71)
Significantly Below Fair Value: AC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AC is poor value based on its Price-To-Earnings Ratio (13.6x) compared to the PH Industrials industry average (11.3x).
PE vs Market: AC is poor value based on its Price-To-Earnings Ratio (13.6x) compared to the PH market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: AC is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: AC's Price-To-Book Ratio (1.2x) is in line with the PH Industrials industry average.
How is Ayala forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AC's forecast earnings growth (22.7% per year) is above the savings rate (4.9%).
Earnings vs Market: AC's earnings (22.7% per year) are forecast to grow faster than the PH market (20.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AC's revenue (10.4% per year) is forecast to grow faster than the PH market (10.3% per year).
High Growth Revenue: AC's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AC's Return on Equity is forecast to be low in 3 years time (11%).
How has Ayala performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AC has a large one-off gain of ₱8.9B impacting its March 31 2022 financial results.
Growing Profit Margin: AC's current net profit margins (11.8%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: AC's earnings have declined by 3.9% per year over the past 5 years.
Accelerating Growth: AC's earnings growth over the past year (372.3%) exceeds its 5-year average (-3.9% per year).
Earnings vs Industry: AC earnings growth over the past year (372.3%) exceeded the Industrials industry 57.4%.
Return on Equity
High ROE: AC's Return on Equity (7%) is considered low.
How is Ayala's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AC's short term assets (₱494.4B) exceed its short term liabilities (₱278.5B).
Long Term Liabilities: AC's short term assets (₱494.4B) do not cover its long term liabilities (₱520.8B).
Debt to Equity History and Analysis
Debt Level: AC's net debt to equity ratio (68.1%) is considered high.
Reducing Debt: AC's debt to equity ratio has increased from 82.2% to 85.1% over the past 5 years.
Debt Coverage: AC's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: AC's interest payments on its debt are not well covered by EBIT (3x coverage).
What is Ayala current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AC's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the PH market (1.41%).
High Dividend: AC's dividend (1.02%) is low compared to the top 25% of dividend payers in the PH market (4.65%).
Stability and Growth of Payments
Stable Dividend: AC's dividends per share have been stable in the past 10 years.
Growing Dividend: AC's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), AC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AC is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Fernando Miranda de Ayala (61 yo)
Mr. Fernando Miranda Zobel de Ayala serves as Non-Executive Director at Manila Water Company, Inc., since May 15, 1997 and served as Chairman. He has been Chief Executive Officer of Ayala Corporation since...
Experienced Management: AC's management team is seasoned and experienced (13.3 years average tenure).
Experienced Board: AC's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ayala Corporation's employee growth, exchange listings and data sources
- Name: Ayala Corporation
- Ticker: AC
- Exchange: PSE
- Founded: 1834
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Implied Market Cap: ₱421.409b
- Shares outstanding: 619.72m
- Website: https://www.ayala.com.ph
Number of Employees
- Ayala Corporation
- Tower One and Exchange Plaza
- Ayala Triangle
- Makati City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.