How does ACPAR's PE Ratio compare to its peers?

ACPAR is expensive based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (8.1x).

How does ACPAR's PE Ratio compare vs other companies in the Asian Industrials Industry?

ACPAR is good value based on its Price-To-Earnings Ratio (9.7x) compared to the Asian Industrials industry average (12.9x).

What is ACPAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ACPAR is expensive based on its Price-To-Earnings Ratio (9.7x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).

What is the Fair Price of ACPAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ACPAR (₱2550) is trading below our estimate of [[fair value]] (₱5602.75)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

ACPAR Stock Overview

Engages in the real estate and hotel businesses in the Philippines, Europe, Asia, and the United States. More details

ACPAR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	4/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 54.5% below our estimate of its fair value

Earnings are forecast to grow 21.33% per year

Earnings grew by 11.5% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Ayala Corporation Competitors

Aboitiz Equity Ventures

PSE:AEV

₱183.3b

JG Summit Holdings

PSE:JGS

₱157.9b

SM Investments

PSE:SM

₱1.1t

GT Capital Holdings

PSE:GTCAP

₱131.1b

Price History & Performance

Summary of share price highs, lows and changes for Ayala
Historical stock prices
Current Share Price	₱2,550.00
52 Week High	₱2,588.00
52 Week Low	₱2,460.00
Beta	0.92
1 Month Change	1.19%
3 Month Change	2.00%
1 Year Change	3.24%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	1.92%

Recent updates

Shareholder Returns

	ACPAR	PH Industrials	PH Market
7D	-0.08%	-3.1%	-2.3%
1Y	3.2%	-13.9%	7.9%

Return vs Industry: ACPAR exceeded the PH Industrials industry which returned -13.9% over the past year.

Return vs Market: ACPAR underperformed the PH Market which returned 7.9% over the past year.

Price Volatility

Is ACPAR's price volatile compared to industry and market?
ACPAR volatility
ACPAR Average Weekly Movement	1.3%
Industrials Industry Average Movement	4.3%
Market Average Movement	5.2%
10% most volatile stocks in PH Market	10.9%
10% least volatile stocks in PH Market	2.8%

Stable Share Price: ACPAR has not had significant price volatility in the past 3 months compared to the PH market.

Volatility Over Time: ACPAR's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1834	n/a	Bong Consing	www.ayala.com

Ayala Corporation engages in the real estate and hotel businesses in the Philippines, Europe, Asia, and the United States. It develops, constructs, leases, and sells residential and commercial lots, as well as develops and sells leisure properties; manages land bank; operates hotels, cinema, and theaters; and provides construction and property management services. The company also provides saving and time deposits, corporate, consumer, mortgage, leasing, and agri business loans; deposit and cash management, asset management, securities brokerage, foreign exchange and capital markets investment, corporate finance and consulting, investment banking, internet banking, foreign exchange, and safety deposit services; and life, non-life, pre-need, and reinsurance services.

Ayala Corporation Fundamentals Summary

How do Ayala's earnings and revenue compare to its market cap?
ACPAR fundamental statistics
Market cap	₱370.10b
Earnings (TTM)	₱38.16b
Revenue (TTM)	₱364.97b

9.7x

P/E Ratio

1.0x

P/S Ratio

Is ACPAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACPAR income statement (TTM)
Revenue	₱364.97b
Cost of Revenue	₱231.71b
Gross Profit	₱133.26b
Other Expenses	₱95.10b
Earnings	₱38.16b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	61.19
Gross Margin	36.51%
Net Profit Margin	10.46%
Debt/Equity Ratio	87.7%

How did ACPAR perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

13%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 00:04
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ayala Corporation is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joahnna Soriano	BofA Global Research
Ricardo Puig	Citigroup Inc
null null	CLSA