Aboitiz Equity Ventures Past Earnings Performance

Past criteria checks 5/6

Aboitiz Equity Ventures has been growing earnings at an average annual rate of 5%, while the Industrials industry saw earnings growing at 6.5% annually. Revenues have been growing at an average rate of 12.8% per year. Aboitiz Equity Ventures's return on equity is 11.1%, and it has net margins of 8.1%.

Key information

5.0%

Earnings growth rate

5.1%

EPS growth rate

Industrials Industry Growth	6.2%
Revenue growth rate	12.8%
Return on equity	11.1%
Net Margin	8.1%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Aboitiz Equity Ventures makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

PSE:AEV Revenue, expenses and earnings (PHP Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	298,329	24,286	23,274
30 Jun 24	300,768	24,560	49,299
31 Mar 24	303,220	24,443	48,885
31 Dec 23	310,033	23,546	46,929
30 Sep 23	322,292	20,690	33,686
30 Jun 23	329,213	22,741	33,686
31 Mar 23	319,761	24,088	41,022
31 Dec 22	306,329	24,021	40,250
30 Sep 22	281,916	29,131	38,179
30 Jun 22	256,816	25,596	47,802
31 Mar 22	239,297	22,697	37,706
01 Jan 22	223,351	26,083	36,633
30 Sep 21	206,524	26,646	35,495
30 Jun 21	193,143	24,971	35,181
31 Mar 21	186,361	21,956	34,319
31 Dec 20	185,415	15,434	34,477
30 Sep 20	184,142	14,640	34,662
30 Jun 20	191,682	17,011	32,269
31 Mar 20	197,812	20,540	31,558
31 Dec 19	199,628	22,036	31,118
30 Sep 19	201,657	20,641	29,825
30 Jun 19	203,621	21,097	30,126
31 Mar 19	194,669	20,931	29,820
31 Dec 18	184,441	22,233	28,407
30 Sep 18	171,788	23,023	28,786
30 Jun 18	159,660	21,425	27,924
31 Mar 18	151,365	21,761	25,848
31 Dec 17	148,011	21,609	24,682
30 Sep 17	138,491	21,292	25,262
30 Jun 17	129,328	22,239	23,873
31 Mar 17	120,647	22,098	22,187
01 Jan 17	114,561	22,473	20,628
30 Sep 16	113,205	22,867	18,281
30 Jun 16	111,358	20,363	17,940
31 Mar 16	110,181	18,643	17,762
31 Dec 15	109,474	17,679	17,325
30 Sep 15	109,391	16,024	18,485
30 Jun 15	108,730	16,717	25,223
31 Mar 15	109,278	17,598	20,550
31 Dec 14	107,989	18,381	16,723
30 Sep 14	113,005	18,725	23,632
30 Jun 14	105,085	18,597	12,269
31 Mar 14	97,518	19,047	12,269
31 Dec 13	89,570	21,027	12,269

Quality Earnings: AEV has high quality earnings.

Growing Profit Margin: AEV's current net profit margins (8.1%) are higher than last year (6.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AEV's earnings have grown by 5% per year over the past 5 years.

Accelerating Growth: AEV's earnings growth over the past year (17.4%) exceeds its 5-year average (5% per year).

Earnings vs Industry: AEV earnings growth over the past year (17.4%) exceeded the Industrials industry 10.7%.

Aboitiz Equity Ventures Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: ₱0.32 (vs ₱1.34 in 3Q 2023)

Second quarter 2024 earnings released: EPS: ₱1.18 (vs ₱1.15 in 2Q 2023)

First quarter 2024 earnings released: EPS: ₱0.87 (vs ₱0.71 in 1Q 2023)

Full year 2023 earnings: EPS exceeds analyst expectations

Second quarter 2023 earnings released: EPS: ₱1.15 (vs ₱1.40 in 2Q 2022)

First quarter 2023 earnings released: EPS: ₱0.71 (vs ₱0.70 in 1Q 2022)

Recent updates

Third quarter 2024 earnings released: EPS: ₱0.32 (vs ₱1.34 in 3Q 2023)

Ayala Land, Inc. (PSE:ALI) acquired remaining 50% stake in Cebu District Property Enterprise, Inc from AboitizLand, Inc. and Aboitiz Equity Ventures, Inc. (PSE:AEV) for PHP 1.81 billion.

Ayala Land, Inc. (PSE:ALI) acquired remaining 50% stake in Cebu District Property Enterprise, Inc from AboitizLand, Inc. and Aboitiz Equity Ventures, Inc. (PSE:AEV) for PHP 1.81 billion.

Second quarter 2024 earnings released: EPS: ₱1.18 (vs ₱1.15 in 2Q 2023)

Ayala Land, Inc. (PSE:ALI) signed a letter of intent to acquire remaining 50% stake in Cebu District Property Enterprise, Inc from AboitizLand, Inc. and Aboitiz Equity Ventures, Inc. (PSE:AEV) for PHP 1.81 billion.

President recently bought ₱37m worth of stock

Senior VP recently bought ₱1.0m worth of stock

First quarter 2024 earnings released: EPS: ₱0.87 (vs ₱0.71 in 1Q 2023)

President recently bought ₱73m worth of stock

President recently bought ₱107m worth of stock

Full year 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of ₱1.40 per share

Dividend reduced to ₱1.40

Aboitiz Equity Ventures, Inc., Annual General Meeting, Apr 22, 2024

Coca-Cola Europacific Partners PLC (ENXTAM:CCEP) and Aboitiz Equity Ventures, Inc. (PSE:AEV) completed the acquisition of Coca-Cola Beverages Philippines, Inc. from The Coca-Cola Company (NYSE:KO).

Senior VP recently bought ₱526k worth of stock

Aboitiz Equity Ventures, Inc. Announces Management Changes

Aboitiz Equity Ventures, Inc. Announces Director Appointments

Independent Director recently bought ₱976k worth of stock

Aboitiz Equity Ventures Inc. Appoints Peter D. Maquera as Independent Director, Effective November 1, 2023

Senior VP recently bought ₱1.1m worth of stock

Aboitiz Equity Ventures, Inc. Announces Resignation of Romeo L. Bernardo as Lead Independent Director and Chairman of Environment, Social and Corporate Governance Committee, Effective September 12, 2023

Second quarter 2023 earnings released: EPS: ₱1.15 (vs ₱1.40 in 2Q 2022)

Non-Executive Director recently bought ₱10.0m worth of stock

Coca-Cola Europacific Partners PLC (ENXTAM:CCEP) and Aboitiz Equity Ventures, Inc. (PSE:AEV) agreed to acquire Coca-Cola Beverages Philippines, Inc. from The Coca-Cola Company (NYSE:KO) for $1.8 billion.

Coca-Cola Europacific Partners PLC (ENXTAM:CCEP) and Aboitiz Equity Ventures, Inc. (PSE:AEV) agreed to acquire Coca-Cola Beverages Philippines, Inc. from The Coca-Cola Company (NYSE:KO) for $1.8 billion.

Aboitiz Equity Ventures, Inc. Announces Executive Changes

Price target increased by 8.8% to ₱60.75

First quarter 2023 earnings released: EPS: ₱0.71 (vs ₱0.70 in 1Q 2022)

Senior VP recently bought ₱4.8m worth of stock

Full year 2022 earnings released

Non-Executive Director recently bought ₱195m worth of stock

Insider recently bought ₱2.9m worth of stock

Third quarter 2022 earnings released: EPS: ₱1.69 (vs ₱1.08 in 3Q 2021)

Less than half of directors are independent

Aboitiz Equity Ventures, Inc. Announces Executive Changes

Price target increased to ₱54.48

Vice Chairman of the Board recently bought ₱10m worth of stock

Second quarter 2022 earnings released: EPS: ₱1.40 (vs ₱1.04 in 2Q 2021)

Insider recently sold ₱5.9m worth of stock

President recently bought ₱55m worth of stock

President recently bought ₱20m worth of stock

President recently bought ₱27m worth of stock

President recently bought ₱16m worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Less than half of directors are independent

Aboitiz Equity Ventures, Inc Elects Cesar G. Romero as Director

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Chairman of the Board recently sold ₱3.2m worth of stock

Key Executive recently bought ₱1.2m worth of stock

Aboitiz Equity Ventures, Inc., Annual General Meeting, Apr 25, 2022

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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